Palantir Technologies Inc. $PLTR is Prospect Financial Services LLC’s 10th Largest Position

Prospect Financial Services LLC cut its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 14.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 29,929 shares of the company’s stock after selling 5,159 shares during the quarter. Palantir Technologies makes up 3.1% of Prospect Financial Services LLC’s holdings, making the stock its 10th biggest holding. Prospect Financial Services LLC’s holdings in Palantir Technologies were worth $5,320,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in PLTR. Bare Financial Services Inc grew its stake in shares of Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after buying an additional 55 shares during the period. Morton Brown Family Wealth LLC grew its stake in shares of Palantir Technologies by 250.0% during the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock valued at $31,000 after buying an additional 125 shares during the period. Flagship Wealth Advisors LLC purchased a new stake in shares of Palantir Technologies during the 3rd quarter valued at $32,000. United Financial Planning Group LLC purchased a new stake in shares of Palantir Technologies during the 3rd quarter valued at $32,000. Finally, Clayton Financial Group LLC grew its stake in shares of Palantir Technologies by 500.0% during the 4th quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock valued at $32,000 after buying an additional 150 shares during the period. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Palantir Technologies news, insider Jeffrey Buckley sold 1,232 shares of the business’s stock in a transaction 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 transaction, the insider owned 43,108 shares in the company, valued at $5,564,380.64. The trade was a 2.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 9.53% of the stock is owned by corporate insiders.

Palantir Technologies Price Performance

Shares of PLTR stock opened at $137.41 on Friday. Palantir Technologies Inc. has a 12 month low of $118.93 and a 12 month high of $207.52. The firm has a market capitalization of $329.41 billion, a P/E ratio of 154.39, a P/E/G ratio of 2.18 and a beta of 1.52. The company’s fifty day moving average price is $143.17 and its two-hundred day moving average price is $157.91.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping 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 firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the previous year, the business posted $0.13 EPS. The firm’s revenue was up 84.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Palantir Technologies Inc. will post 1.18 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on PLTR shares. Weiss Ratings cut shares of Palantir Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, April 27th. Argus raised shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target for the company in a research report on Wednesday, May 6th. Rosenblatt Securities reaffirmed a “buy” rating and set a $225.00 price target on shares of Palantir Technologies in a research report on Thursday. Wedbush reaffirmed an “outperform” rating and set a $230.00 price target on shares of Palantir Technologies in a research report on Tuesday, May 5th. Finally, Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price target for the company in a research report on Tuesday, February 3rd. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $195.16.

More Palantir Technologies News

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

• Positive Sentiment: Rosenblatt reaffirmed its buy rating and set a $225 price target, signaling substantial upside from current levels. Benzinga report on Rosenblatt rating
• Positive Sentiment: One report highlighted Palantir as one of the AI stocks that could “explode,” citing continued institutional interest in technology and semiconductors. Yahoo Finance article
• Positive Sentiment: Analysts and commentators pointed to Palantir’s strong fundamentals, including rapid revenue growth, high margins, and an off-the-charts Rule of 40 score, reinforcing the company’s AI growth narrative. Seeking Alpha article
• Neutral Sentiment: Palantir is also getting attention for urging the DIA to adopt more private-sector analytics tools, which could support the company’s defense business if it wins broader acceptance. Yahoo Finance article
• Neutral Sentiment: Several articles argued that the recent pullback may simply reflect Palantir’s very rich valuation after a large AI-driven run-up, rather than a deterioration in the business itself. Motley Fool article
• Neutral Sentiment: Multiple pieces noted Palantir’s strong customer growth and rising U.S. commercial adoption, suggesting the enterprise AI expansion story remains intact. Zacks article
• Negative Sentiment: One headline said Palantir shares fell amid inflation concerns and a reported DIA contract dispute, adding to short-term investor caution. Benzinga article
• Negative Sentiment: Bearish commentary also warned that Palantir may be priced for perfection, with lofty expectations leaving less room for disappointment. Seeking Alpha article

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.