Sarver Vrooman Wealth Advisors Buys Shares of 6,377 Palantir Technologies Inc. $PLTR

Sarver Vrooman Wealth Advisors purchased a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 6,377 shares of the company’s stock, valued at approximately $1,134,000. Palantir Technologies comprises approximately 0.6% of Sarver Vrooman Wealth Advisors’ portfolio, making the stock its 8th biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Revolve Wealth Partners LLC bought a new position in Palantir Technologies during the 4th quarter worth $450,000. Bison Wealth LLC grew its stake in shares of Palantir Technologies by 37.4% in the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after purchasing an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC lifted its holdings in shares of Palantir Technologies by 38.0% in 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 period. Schnieders Capital Management LLC. lifted its holdings in shares of Palantir Technologies by 36.8% in 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 period. Finally, Vivaldi Capital Management LP acquired a new stake in shares of Palantir Technologies in the second quarter valued at $315,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR opened at $142.20 on Thursday. The firm has a market cap of $340.90 billion, a price-to-earnings ratio of 159.78, a P/E/G ratio of 2.41 and a beta of 1.53. The business’s 50-day simple moving average is $141.45 and its 200-day simple moving average is $155.22. Palantir Technologies Inc. has a 52 week low of $118.93 and a 52 week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, May 4th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.05. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.54 billion. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The company’s revenue was up 84.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.13 EPS. As a group, 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 research analysts have issued reports on the company. Argus raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a report on Wednesday, May 6th. Citigroup increased their price objective on Palantir Technologies from $210.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Cantor Fitzgerald reissued a “neutral” rating and issued a $138.00 price objective on shares of Palantir Technologies in a research note on Friday, May 22nd. DA Davidson reduced their price objective on Palantir Technologies from $180.00 to $165.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Finally, Zacks Research raised Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $192.76.

Insider Buying and Selling

In other Palantir Technologies news, insider Alexander C. Karp sold 397,744 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $54,109,093.76. Following the completion of the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Stephen Andrew Cohen sold 319,934 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $43,523,821.36. Following the completion of the sale, the insider owned 592 shares of the company’s stock, valued at $80,535.68. This represents a 99.82% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 925,789 shares of company stock worth $126,007,032. 9.53% of the stock is currently owned by corporate insiders.

Palantir Technologies News Roundup

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

• Positive Sentiment: Several recent articles remain constructive on Palantir’s long-term growth story, pointing to strong demand for its AI platform, expanding commercial partnerships, and continued momentum in defense and public-sector AI use cases. Palantir’s AI Infrastructure Momentum: Is PLTR Stock Still a Buy?
• Positive Sentiment: Coverage also highlighted Palantir’s recent business wins, including an extended Foundry partnership with Cavanagh that could broaden commercial adoption and support future revenue growth. Why Palantir Technologies (PLTR) Is Up 17.4% After Cavanagh Extends Foundry And Becomes Channel Partner
• Neutral Sentiment: Some commentary remains mixed but not clearly negative, with articles debating whether Palantir’s premium valuation is justified after its strong earnings and rapid revenue growth. Zoom vs. SpaceX vs. Palantir: Which Stock Offers the Best Risk-Reward for the Next 5 Years?
• Negative Sentiment: Bearish headlines weighed on the stock after Michael Burry reiterated his negative stance on Palantir, reinforcing concerns that the shares remain expensive relative to fundamentals. Palantir faces fresh skepticism from Michael Burry
• Negative Sentiment: Insider selling also added to the pressure, with a Palantir director disclosing additional share sales under a pre-arranged trading plan, which investors may view as a caution signal. Lauren Elaina Friedman Stat Sells 1,667 Shares of Palantir Technologies (NASDAQ:PLTR) Stock
• Negative Sentiment: Technical trading weakness and policy risk also hurt sentiment, including reports that PLTR hit resistance at its 200-day moving average and UK lawmakers questioning Palantir’s role in public-sector contracts. UK lawmakers call Palantir’s role public sector an unacceptable weakness

About Palantir Technologies

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.