Gateway Investment Advisers LLC Sells 10,731 Shares of Palantir Technologies Inc. $PLTR

Gateway Investment Advisers LLC cut its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 2.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 523,937 shares of the company’s stock after selling 10,731 shares during the period. Palantir Technologies makes up about 0.9% of Gateway Investment Advisers LLC’s portfolio, making the stock its 18th biggest holding. Gateway Investment Advisers LLC’s holdings in Palantir Technologies were worth $93,130,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PLTR. Revolve Wealth Partners LLC bought a new position in Palantir Technologies during the fourth quarter valued at approximately $450,000. Bison Wealth LLC boosted its stake in Palantir Technologies by 37.4% during the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after buying an additional 4,667 shares during the last quarter. Capstone Wealth Management Group LLC boosted its stake in Palantir Technologies by 38.0% during the first quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock valued at $1,447,000 after buying an additional 4,722 shares during the last quarter. Schnieders Capital Management LLC. boosted its stake in Palantir Technologies by 36.8% during the second quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock valued at $858,000 after buying an additional 1,694 shares during the last quarter. Finally, Vivaldi Capital Management LP bought a new position in Palantir Technologies during the second quarter valued at approximately $315,000. 45.65% of the stock is owned by institutional investors.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Blowout Q1 and raised guidance — Palantir reported $1.63B in Q1 revenue (≈+85% YoY), topped EPS estimates and lifted its annual outlook, giving a clear operational beat. Palantir lifts annual revenue forecast
• Positive Sentiment: Strong margin / efficiency metrics — Analysts highlighted an unusually high Rule of 40 and rapid free cash flow conversion that make Palantir attractive relative to many AI peers. Palantir Is Breaking The Rule Of 40
• Positive Sentiment: Analyst support and higher targets — Multiple firms upgraded/raised targets (Rosenblatt, Citigroup, Wedbush, Argus), signaling conviction that growth can justify premium multiples. Argus upgrade
• Neutral Sentiment: Defense partnerships — Palantir joined the U.S. Army’s “Right to Integrate” hackathon sprint, reinforcing its defense positioning (long‑term strategic value but not an immediate earnings kicker). Palantir joins U.S. Army hackathon
• Neutral Sentiment: Commercial partnerships — Customers like Surf Air Mobility are rolling out Palantir‑powered products, showing commercial traction beyond government clients. Surf Air Mobility announces SurfOS powered by Palantir
• Negative Sentiment: Post‑earnings sell‑off driven by valuation and segment concerns — Despite the beat-and‑raise, investors focused on sky‑high multiples and softer-than-expected U.S. commercial/international nuances, prompting profit‑taking. Palantir stock tumbles as Q1 beats fail to impress
• Negative Sentiment: Bearish pressure from high‑profile shorts and downgrades — Michael Burry publicly disclosed a short; some sell‑side calls trimmed targets or warned about valuation/execution risks, amplifying downside risk. Michael Burry shorting Palantir
• Negative Sentiment: Insider selling and mixed analyst views — Heavy insider dispositions and a split analyst base (some big target upgrades, some cuts) keep sentiment volatile and raise concern about downside if execution slips. Quiver Quant opinions & insider activity

Analyst Ratings Changes

PLTR has been the subject of a number of research reports. Daiwa Securities Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a research note on Tuesday, February 10th. Royal Bank Of Canada restated an “underperform” rating and set a $90.00 price objective on shares of Palantir Technologies in a research report on Tuesday. 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. 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. Finally, Weiss Ratings downgraded Palantir Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $194.68.

Insider Transactions at Palantir Technologies

In other news, insider Alexander C. Karp sold 493,025 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.78, for a total value of $65,956,884.50. Following the sale, the insider directly owned 6,432,258 shares in the company, valued at approximately $860,507,475.24. This represents a 7.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,029,479 shares of company stock valued at $137,685,797. Company insiders own 9.53% of the company’s stock.

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR opened at $133.69 on Thursday. The business’s 50 day moving average price is $145.35 and its 200-day moving average price is $161.88. Palantir Technologies Inc. has a fifty-two week low of $107.00 and a fifty-two week high of $207.52. The company has a market cap of $319.74 billion, a price-to-earnings ratio of 150.21, a PEG ratio of 2.52 and a beta of 1.52.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly 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 return on equity of 28.34% and a net margin of 43.67%.The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the prior year, the business posted $0.13 earnings per share. The company’s revenue for the quarter was up 84.7% on a year-over-year basis. Sell-side analysts predict that Palantir Technologies Inc. will post 1.06 earnings per share for the current year.

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.