Palantir Technologies Inc. $PLTR Stock Position Raised by Bleakley Financial Group LLC

Bleakley Financial Group LLC lifted its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 29.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 90,397 shares of the company’s stock after acquiring an additional 20,394 shares during the quarter. Bleakley Financial Group LLC’s holdings in Palantir Technologies were worth $16,068,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Bare Financial Services Inc boosted its position in shares of Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after buying an additional 55 shares during the period. United Financial Planning Group LLC acquired a new stake in shares of Palantir Technologies in the third quarter worth $32,000. Morton Brown Family Wealth LLC boosted its position in shares of Palantir Technologies by 250.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock worth $31,000 after buying an additional 125 shares during the period. Clayton Financial Group LLC boosted its position in shares of Palantir Technologies by 500.0% in the fourth quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock worth $32,000 after buying an additional 150 shares during the period. Finally, Wexford Capital LP acquired a new stake in shares of Palantir Technologies in the third quarter worth $36,000. 45.65% of the stock is owned by institutional investors.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 165,514 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $22,516,524.56. Following the transaction, the insider directly owned 642,786 shares in the company, valued at $87,444,607.44. This trade represents a 20.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Alexander C. Karp sold 397,744 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $54,109,093.76. Following the transaction, the insider owned 6,432,258 shares in the company, valued at approximately $875,044,378.32. This trade represents a 5.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 922,524 shares of company stock valued at $125,501,302. 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: Several recent articles highlight Palantir’s rapid revenue growth, recurring customer revenue, and strong AI-driven business momentum, with some analysts and commentators saying the stock still has meaningful upside. Is the Palantir Valuation Debate Over? Why Some Analysts See 86% Upside in the Agentic AI Era.
• Positive Sentiment: Palantir and Dell unveiled a secure AI operating system aimed at defense, healthcare, and regulated enterprise customers, reinforcing the company’s addressable market in high-value sectors. Palantir and Dell Build an AI OS for the Paranoid
• Positive Sentiment: Wall Street coverage remains constructive overall, with firms like Rosenblatt, Citigroup, and Wedbush publishing high price targets that imply substantial upside from current levels. Palantir (PLTR) Ranks Among Best Revenue Growth Stocks to Buy
• Neutral Sentiment: Cantor Fitzgerald reiterated a Neutral rating and a $138 price target, signaling that some analysts still see limited near-term upside despite Palantir’s strong growth profile. Palantir (PLTR) Ranks Among Best Revenue Growth Stocks to Buy
• Neutral Sentiment: Articles debating Palantir’s valuation and comparing it with AI competition suggest investors are still weighing whether the stock’s premium multiple is justified. Anthropic Demolished Legacy SaaS Stocks. Now It’s Coming for Palantir.
• Negative Sentiment: Multiple reports of insider sales, including CEO Alex Karp and other top executives, are likely weighing on sentiment and may fuel concerns that management is taking profits after the stock’s big run. Palantir (PLTR) CEO Alex Karp Continues to Sell Company Stock
• Negative Sentiment: Fresh insider-trading filings show additional executive selling, adding to the overhang from more than $120 million in coordinated RSU tax sales. Palantir (PLTR) Stock: Top Execs Unload $120M+ in Coordinated RSU Tax Sale
• Negative Sentiment: Some market commentary also points to Palantir’s rich valuation and competition from newer AI platforms as risks to future upside. Palantir Is 1 of the Fastest-Growing AI Companies, but Does That Make It a Buy?

Palantir Technologies Stock Performance

Shares of NASDAQ:PLTR opened at $136.88 on Tuesday. Palantir Technologies Inc. has a 1 year low of $118.93 and a 1 year high of $207.52. The business has a fifty day simple moving average of $142.55 and a 200 day simple moving average of $157.03. The firm has a market cap of $328.14 billion, a price-to-earnings ratio of 153.80, a P/E/G ratio of 2.17 and a beta of 1.52.

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

Wall Street Analysts Forecast Growth

PLTR has been the subject of several recent analyst reports. Oppenheimer initiated coverage on Palantir Technologies in a research report on Thursday, April 30th. They issued an “outperform” rating and a $200.00 target price for the company. Robert W. Baird raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price for the company in a research report on Tuesday, February 3rd. Argus raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 target price for the company in a research report on Wednesday, May 6th. Daiwa Securities Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 target price for the company in a research report on Tuesday, February 10th. Finally, Loop Capital decreased their target price on Palantir Technologies from $230.00 to $220.00 and set a “buy” rating for the company in a research report on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $192.76.

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.