Gotham Asset Management LLC Raises Stock Position in Palantir Technologies Inc. $PLTR

Gotham Asset Management LLC raised its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 9.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 449,606 shares of the company’s stock after buying an additional 40,297 shares during the quarter. Palantir Technologies makes up about 0.3% of Gotham Asset Management LLC’s holdings, making the stock its 20th largest holding. Gotham Asset Management LLC’s holdings in Palantir Technologies were worth $79,917,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of PLTR. Milestone Asset Management LLC increased its holdings in Palantir Technologies by 229.5% in the 4th quarter. Milestone Asset Management LLC now owns 60,551 shares of the company’s stock worth $10,763,000 after acquiring an additional 42,173 shares in the last quarter. VCI Wealth Management LLC lifted its holdings in Palantir Technologies by 42.3% during the fourth quarter. VCI Wealth Management LLC now owns 12,187 shares of the company’s stock valued at $2,166,000 after purchasing an additional 3,621 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Palantir Technologies by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock worth $38,295,188,000 after purchasing an additional 1,557,828 shares during the period. PFA Pension Forsikringsaktieselskab purchased a new stake in shares of Palantir Technologies in the fourth quarter worth $222,143,000. Finally, Jefferson Bridge Capital LLC bought a new stake in shares of Palantir Technologies during the 4th quarter valued at $1,322,000. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies Trading Down 2.0%

NASDAQ PLTR opened at $130.63 on Thursday. The stock has a market cap of $313.16 billion, a PE ratio of 146.78, a PEG ratio of 2.11 and a beta of 1.53. The company’s 50-day moving average price is $138.61 and its 200-day moving average price is $153.02. Palantir Technologies Inc. has a 12 month low of $122.68 and a 12 month high of $207.52.

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

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Benchmark downgraded shares of Palantir Technologies to a “hold” rating in a report on Tuesday. BTIG Research lowered Palantir Technologies to a “neutral” rating in a research note on Tuesday. Wedbush assumed coverage on Palantir Technologies in a research report on Tuesday. They set an “outperform” rating for the company. Phillip Securities boosted their price target on Palantir Technologies from $190.00 to $202.00 in a report on Monday, May 11th. Finally, Mizuho lowered their target price on shares of Palantir Technologies from $195.00 to $185.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.76.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Wolfe Research upgraded Palantir, calling its AI platform best-in-class and saying the stock is “too big to ignore,” which supports the bullish case for continued enterprise AI demand. Why This Analyst Says Palantir Stock Is ‘Too Big to Ignore’
• Positive Sentiment: Another analyst note and follow-up coverage highlighted Palantir’s strong growth, improving margins, and continued leadership in AI software, reinforcing expectations that revenue momentum can remain above peers. Cognyte vs Palantir: Which AI Intelligence Stock Is the Better Buy?
• Neutral Sentiment: Multiple recent articles frame Palantir as a high-growth AI winner but also emphasize that the stock is expensive, suggesting investors remain split between growth enthusiasm and valuation discipline. Palantir: The Stock Is Expensive, But The Growth Is Not Normal
• Neutral Sentiment: Coverage also notes Palantir’s AI partnerships and customer deployments, which support the long-term narrative, but governance-related headlines from AIPCon and shareholder proposals keep some uncertainty in the background. Will New AI Partnerships And Governance Votes At AIPCon 10 Change Palantir Technologies’ Narrative
• Negative Sentiment: Michael Burry renewed criticism of Palantir, arguing Ukraine is developing its own battlefield software and replacing Palantir in some use cases, which raises questions about competitive durability in government/defense work. Michael Burry Is Using Ukraine’s Own Words Against Palantir
• Negative Sentiment: European headlines are also weighing on sentiment, including France ending work with Palantir’s intelligence agency and a Swiss legal loss tied to government-contract scrutiny and data sovereignty. French domestic spy agency ditches Palantir for local rival, PM says
• Negative Sentiment: Insider selling and valuation concerns are adding to caution, as investors worry the stock’s premium pricing leaves little room for disappointment after a strong AI-driven run. Jeffrey Buckley Sells 1,481 Shares of Palantir Technologies (NASDAQ:PLTR) Stock

Insiders Place Their Bets

In other news, insider Jeffrey Buckley sold 1,481 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $128.80, for a total transaction of $190,752.80. Following the transaction, the insider directly owned 60,226 shares of the company’s stock, valued at approximately $7,757,108.80. This represents a 2.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 165,514 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $22,516,524.56. Following the sale, the insider owned 642,786 shares of the company’s stock, valued at approximately $87,444,607.44. This represents a 20.48% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 927,270 shares of company stock worth $126,197,785. 9.53% of the stock is owned by corporate insiders.

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.