Morangie Management LLC Buys New Shares in Palantir Technologies Inc. $PLTR

Morangie Management LLC purchased a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 13,174 shares of the company’s stock, valued at approximately $2,342,000. Palantir Technologies comprises about 1.9% of Morangie Management LLC’s portfolio, making the stock its 16th biggest holding.

Other large investors have also recently bought and sold shares of the company. Beaumont Financial Advisors LLC raised its position in shares of Palantir Technologies by 2.0% in the 4th quarter. Beaumont Financial Advisors LLC now owns 2,965 shares of the company’s stock worth $527,000 after acquiring an additional 59 shares in the last quarter. Worth Financial Advisory Group LLC boosted its position in shares of Palantir Technologies by 6.6% during the 4th quarter. Worth Financial Advisory Group LLC now owns 2,467 shares of the company’s stock valued at $439,000 after purchasing an additional 153 shares in the last quarter. Earned Wealth Advisors LLC boosted its position in shares of Palantir Technologies by 6.1% during the 4th quarter. Earned Wealth Advisors LLC now owns 8,458 shares of the company’s stock valued at $1,503,000 after purchasing an additional 488 shares in the last quarter. Matauro LLC grew its stake in Palantir Technologies by 0.8% during the fourth quarter. Matauro LLC now owns 11,614 shares of the company’s stock worth $2,064,000 after purchasing an additional 88 shares during the period. Finally, Taylor & Morgan Wealth Management LLC bought a new stake in Palantir Technologies in the fourth quarter worth approximately $238,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PLTR has been the topic of several recent analyst reports. Phillip Securities dropped their price target on Palantir Technologies from $208.00 to $190.00 and set a “buy” rating on the stock in a research note on Wednesday. Wedbush reaffirmed an “outperform” rating and set a $230.00 price objective on shares of Palantir Technologies in a research report on Monday, March 16th. Benchmark assumed coverage on shares of Palantir Technologies in a research note on Wednesday. They issued a “hold” rating for the company. DA Davidson dropped their target price on shares of Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 3rd. Finally, Weiss Ratings lowered shares of Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $197.77.

Palantir Technologies Stock Performance

Shares of NASDAQ:PLTR opened at $148.46 on Friday. The business’s 50 day simple moving average is $146.22 and its two-hundred day simple moving average is $167.89. The firm has a market cap of $355.07 billion, a P/E ratio of 235.65, a PEG ratio of 2.90 and a beta of 1.68. Palantir Technologies Inc. has a 52-week low of $66.12 and a 52-week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 70.0% on a year-over-year basis. On average, equities analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 327,088 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the completion of the sale, the insider owned 592 shares in the company, valued at approximately $79,162.24. The trade was a 99.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jeffrey Buckley sold 1,232 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total transaction of $159,026.56. Following the transaction, the insider owned 43,108 shares in the company, valued at approximately $5,564,380.64. The trade was a 2.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,029,879 shares of company stock worth $137,746,253 in the last quarter. Insiders own 9.23% of the company’s stock.

Palantir Technologies News Summary

Here are the key news stories impacting Palantir Technologies this week:

• Positive Sentiment: Renewed, expanded deal with automaker Stellantis boosts commercial revenue visibility and broadens Foundry/AI Platform deployments across vehicle operations — a tangible, near-term growth catalyst. Why Is Palantir Technologies (PLTR) Stock Rocketing Higher Today
• Positive Sentiment: DoD adoption: Palantir’s Maven AI being formalized as a program of record and new Navy/defense contract wins underline sticky, high-margin government revenue and multi-year visibility. Palantir Technologies (PLTR) Is Down 5.5% After Stellantis, Pentagon Deepen AI Ties
• Positive Sentiment: Strong fundamentals: recent quarters showed ~70% YoY revenue growth and large contract bookings (multi‑billion TCV), supporting bullish longer‑term growth narratives. Palantir Stock Soared Last Year. This Year It’s Down Sharply.
• Neutral Sentiment: Analysts are split: some firms (e.g., Dan Ives / Wedbush, Phillip Securities) remain constructive with high price targets, while others (Benchmark) initiate holds — creating divergent expectations that can amplify volatility. UBS has a message for Palantir investors
• Neutral Sentiment: Valuation debate: some metrics (per one valuation-focused piece) suggest Palantir could be undervalued on a specific ratio, but headline multiples remain very rich and sensitive to growth execution. Is Palantir Actually Undervalued? This Key Metric Says It Is
• Negative Sentiment: Valuation risk: analysts warn Palantir needs sustained 60–70% annual revenue growth to justify current prices — a very high bar that raises downside risk if growth decelerates. Palantir Needs 60%-70% Annual Revenue Growth to Justify Its Price
• Negative Sentiment: Geopolitical/security and reputational risks: reports of an NHS staff boycott over ethical concerns and mentions by Iran-linked groups as potential targets increase legal, contract and public‑opinion risk. NHS staff boycott Palantir’s data platform over ethical concerns Iran Identifies Palantir as a ‘Legitimate Target’ for Threatened Attacks
• Negative Sentiment: High multiples: price/sales and P/E ratios are extreme versus peers, leaving the stock exposed to sentiment-driven selloffs if growth or bookings miss. Palantir (PLTR) Traded at 100+ Price/Sales Ratio

About Palantir Technologies

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.