Entropy Technologies LP Grows Holdings in Palantir Technologies Inc. $PLTR

Entropy Technologies LP grew its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 44.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 120,465 shares of the company’s stock after buying an additional 37,075 shares during the quarter. Palantir Technologies accounts for 0.8% of Entropy Technologies LP’s investment portfolio, making the stock its 12th biggest position. Entropy Technologies LP’s holdings in Palantir Technologies were worth $17,622,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Milestone Asset Management LLC increased its stake in shares of Palantir Technologies by 229.5% during the fourth quarter. Milestone Asset Management LLC now owns 60,551 shares of the company’s stock valued at $10,763,000 after buying an additional 42,173 shares during the period. VCI Wealth Management LLC lifted its stake in Palantir Technologies by 42.3% in the fourth quarter. VCI Wealth Management LLC now owns 12,187 shares of the company’s stock worth $2,166,000 after acquiring an additional 3,621 shares during the period. PFA Pension Forsikringsaktieselskab bought a new stake in Palantir Technologies in the fourth quarter valued at $222,143,000. Vanguard Group Inc. increased its position in Palantir Technologies by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock valued at $38,295,188,000 after purchasing an additional 1,557,828 shares during the period. Finally, Jefferson Bridge Capital LLC bought a new position in Palantir Technologies in the 4th quarter worth $1,322,000. 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: Citi lowered its price target on Palantir to $200 from $225 but kept a Buy rating, signaling continued confidence in the company’s long-term upside and pointing to expected commercial growth rebound. Benzinga article
• Positive Sentiment: Multiple analyst write-ups highlighted Palantir’s strong growth profile, with Wall Street price-target averages implying meaningful upside and recent earnings estimate revisions moving higher. Zacks article
• Positive Sentiment: Palantir and other major tech firms defended open AI models in Washington, which could help avoid new restrictions that might slow AI adoption and enterprise spending. Financial Times article
• Neutral Sentiment: Several stories ahead of the Aug. 3 earnings report focused on Palantir’s business model, investor base, and CEO Alex Karp’s bullish comments on AI, but these were largely commentary rather than new company-specific catalysts. TipRanks article
• Neutral Sentiment: Other coverage noted that Palantir remains a high-growth AI name with strong free cash flow, but also emphasized that the stock has already fallen sharply in 2026 and is being judged against a demanding valuation. MarketBeat article
• Negative Sentiment: Investors appear cautious ahead of earnings, with headlines saying Palantir is tumbling before the report and that concerns over valuation, competition from open-source AI, and broader AI stock weakness are weighing on sentiment. Yahoo Finance article

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. UBS Group raised shares of Palantir Technologies from a “buy” rating to a “buy” rating in a research report on Tuesday, June 16th. DA Davidson reissued a “buy” rating and issued a $175.00 price target on shares of Palantir Technologies in a research note on Friday, July 17th. President Capital upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $25.50 to $133.00 in a report on Monday, June 29th. HSBC cut Palantir Technologies from a “buy” rating to a “hold” rating and cut their price objective for the company from $205.00 to $151.00 in a research report on Friday, May 1st. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $225.00 target price on shares of Palantir Technologies in a report on Friday, June 5th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $189.88.

Insider Buying and Selling

In related news, insider Jeffrey Buckley sold 1,481 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $128.80, for a total value of $190,752.80. Following the sale, the insider owned 60,226 shares in the company, valued at $7,757,108.80. This represents a 2.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Stephen Andrew Cohen sold 319,934 shares of Palantir Technologies stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $43,523,821.36. Following the transaction, the insider owned 592 shares of the company’s stock, valued at $80,535.68. The trade was 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. Insiders have sold a total of 1,112,270 shares of company stock worth $150,247,785 over the last three months. Corporate insiders own 9.53% of the company’s stock.

Palantir Technologies Trading Down 0.4%

Shares of PLTR stock opened at $122.92 on Friday. The company’s fifty day moving average price is $131.55 and its 200-day moving average price is $142.55. The stock has a market cap of $294.68 billion, a PE ratio of 138.11, a price-to-earnings-growth ratio of 1.97 and a beta of 1.56. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.33 earnings per share 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 business had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the prior year, the company earned $0.13 earnings per share. The business’s revenue was up 84.7% compared to the same quarter last year. On average, sell-side analysts forecast that Palantir Technologies Inc. will post 1.17 earnings per share for the current fiscal year.

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.