Rathbones Group PLC Has $5.19 Million Stock Position in Palantir Technologies Inc. $PLTR

Rathbones Group PLC reduced its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 14.9% in the 4th quarter, HoldingsChannel reports. The firm owned 29,206 shares of the company’s stock after selling 5,103 shares during the period. Rathbones Group PLC’s holdings in Palantir Technologies were worth $5,191,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of PLTR. Bare Financial Services Inc lifted its position in Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after acquiring an additional 55 shares during the last quarter. Morton Brown Family Wealth LLC lifted its position in Palantir Technologies by 250.0% during the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock worth $31,000 after acquiring an additional 125 shares during the last quarter. Flagship Wealth Advisors LLC acquired a new stake in Palantir Technologies during the third quarter worth approximately $32,000. United Financial Planning Group LLC acquired a new stake in Palantir Technologies during the third quarter worth approximately $32,000. Finally, Clayton Financial Group LLC lifted its position in Palantir Technologies by 500.0% during the fourth quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock worth $32,000 after acquiring an additional 150 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies Trading Up 0.2%

NASDAQ PLTR opened at $137.41 on Friday. Palantir Technologies Inc. has a 1-year low of $118.93 and a 1-year high of $207.52. The company has a 50 day moving average of $143.17 and a 200-day moving average of $157.91. The company has a market cap of $329.41 billion, a price-to-earnings ratio of 154.39, a PEG ratio of 2.18 and a beta of 1.52.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.05. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the previous year, the business earned $0.13 earnings per share. The firm’s quarterly revenue was up 84.7% on a year-over-year basis. On average, equities research analysts forecast that Palantir Technologies Inc. will post 1.18 earnings per share for the current year.

Insider Buying and Selling at Palantir Technologies

In other news, insider Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $129.08, for a total value of $159,026.56. Following the completion of the sale, the insider directly owned 43,108 shares in the company, valued at approximately $5,564,380.64. The trade was a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 9.53% of the company’s stock.

Palantir Technologies News Roundup

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

• Positive Sentiment: Rosenblatt reaffirmed its Buy rating on Palantir and raised its price target to $225, highlighting continued confidence in the company’s long-term upside. Read More
• Positive Sentiment: Several articles point to Palantir’s strong fundamentals, including record revenue growth, high margins, and a standout “Rule of 40” score, reinforcing the company’s AI platform momentum. Article Title
• Positive Sentiment: Coverage around expanding customer growth and rising U.S. commercial adoption suggests Palantir’s enterprise AI demand remains strong, which supports the bull case for the stock. Article Title
• Neutral Sentiment: Palantir is being mentioned in multiple “AI stock” and “best buy” comparison pieces, keeping it in the spotlight and supporting investor attention, but these articles do not add new company-specific catalysts. Article Title
• Negative Sentiment: The main source of weakness is a report that Palantir is challenging the DIA over an analytics contract, which raises uncertainty around a government relationship that is important to the stock’s defense growth narrative. Article Title
• Negative Sentiment: Some commentary also warns that Palantir’s valuation remains stretched and that the stock may have run ahead of fundamentals, which can weigh on sentiment during pullbacks. Article Title

Analyst Ratings Changes

PLTR has been the subject of several research reports. Northland Securities upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a research report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $200.00 price objective on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Weiss Ratings downgraded shares of Palantir Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, April 27th. Piper Sandler restated an “overweight” rating and set a $230.00 price objective on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Finally, Robert W. Baird upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective for the company in a research report on Tuesday, February 3rd. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Palantir Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $195.16.

Palantir Technologies Profile

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.