Tempo Wealth LLC acquired a new stake in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 18,995 shares of the company’s stock, valued at approximately $3,376,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Palantir Technologies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock worth $38,295,188,000 after buying an additional 1,557,828 shares in the last quarter. State Street Corp raised its position in shares of Palantir Technologies by 1.1% in the fourth quarter. State Street Corp now owns 102,385,317 shares of the company’s stock valued at $18,198,990,000 after buying an additional 1,126,418 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Palantir Technologies by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company’s stock worth $9,599,882,000 after buying an additional 805,047 shares in the last quarter. Norges Bank purchased a new position in shares of Palantir Technologies in the fourth quarter worth about $5,149,641,000. Finally, Invesco Ltd. boosted its position in Palantir Technologies by 2.8% during the fourth quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock worth $3,984,281,000 after acquiring an additional 616,297 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.
Key Headlines Impacting Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Analysts and commentators said Palantir’s commercial growth remains explosive, with Q1 revenue up 85% and some price targets implying substantial upside from current levels. Palantir’s (PLTR) Explosive Commercial Growth Could Send the Stock Back to $200
- Positive Sentiment: Palantir’s Google Cloud partnership is seen as a major catalyst because it expands distribution and could accelerate adoption of its AIP and Foundry platforms across enterprise customers. Why Palantir’s Google Cloud Deal Could Change the Debate
- Positive Sentiment: More coverage pointed to Palantir as a leading applied-AI company, with its platform, ontology, and forward-deployed engineers supporting continued commercial momentum. Is Palantir Technologies Inc. (PLTR) Becoming the Face of Applied Enterprise AI?
- Neutral Sentiment: News that Oligo Security entered Palantir’s FedStart compliance network adds to the federal AI cybersecurity story, but the immediate financial impact appears limited for now. Palantir (PLTR) Brings Oligo Security Into FedStart For Federal AI Cybersecurity
- Negative Sentiment: Bearish coverage continued to focus on valuation, with some articles noting the stock’s sharp year-to-date decline and investor concern that expectations may still be too high. Palantir Stock Is Down 27% in 2026. Is the Dip a Buying Opportunity?
- Negative Sentiment: There was also fresh attention on insider selling and technical weakness, which may be contributing to pressure on the shares despite the strong operating backdrop. Monster insider trading alert for Palantir (PLTR) stock
Insider Transactions at Palantir Technologies
Palantir Technologies Stock Performance
Shares of PLTR opened at $128.47 on Friday. The company’s 50-day moving average price is $137.94 and its 200 day moving average price is $152.57. Palantir Technologies Inc. has a 12-month low of $122.68 and a 12-month high of $207.52. The firm has a market cap of $307.98 billion, a P/E ratio of 144.35, a price-to-earnings-growth ratio of 2.04 and a beta of 1.53.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its earnings results on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $1.54 billion. During the same quarter last year, the firm posted $0.13 earnings per share. Palantir Technologies’s revenue was up 84.7% compared to the same quarter last year. Equities research analysts forecast that Palantir Technologies Inc. will post 1.18 earnings per share for the current year.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on PLTR. Argus raised shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a research note on Wednesday, May 6th. Zacks Research raised shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Cantor Fitzgerald restated a “neutral” rating and set a $138.00 target price on shares of Palantir Technologies in a report on Friday, May 22nd. Wedbush started coverage on Palantir Technologies in a research report on Tuesday. They issued an “outperform” rating for the company. Finally, Phillip Securities increased their price target on Palantir Technologies from $190.00 to $202.00 in a report on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $192.76.
Read Our Latest Report on Palantir Technologies
Palantir Technologies Company 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.
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