Guardian Capital LLC Invests $1.93 Million in Palantir Technologies Inc. $PLTR

Guardian Capital LLC bought a new position in Palantir Technologies Inc. (NASDAQ:PLTR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,841 shares of the company’s stock, valued at approximately $1,927,000. Palantir Technologies comprises 1.7% of Guardian Capital LLC’s holdings, making the stock its 21st biggest holding.

A number of other hedge funds also recently bought and sold shares of the business. May Hill Capital LLC boosted its position in Palantir Technologies by 108.3% during the fourth quarter. May Hill Capital LLC now owns 6,992 shares of the company’s stock worth $1,243,000 after purchasing an additional 3,635 shares in the last quarter. Beese Fulmer Investment Management Inc. purchased a new position in Palantir Technologies during the fourth quarter worth approximately $430,000. Accredited Investors Inc. boosted its position in Palantir Technologies by 15.2% during the fourth quarter. Accredited Investors Inc. now owns 3,554 shares of the company’s stock worth $632,000 after purchasing an additional 469 shares in the last quarter. Millennium Capital Advisors LLC purchased a new position in Palantir Technologies during the fourth quarter worth approximately $1,941,000. Finally, Canada Post Corp Registered Pension Plan boosted its position in Palantir Technologies by 25.8% during the fourth quarter. Canada Post Corp Registered Pension Plan now owns 58,930 shares of the company’s stock worth $10,475,000 after purchasing an additional 12,070 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 168,004 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 transaction of $22,465,494.88. Following the completion of the transaction, the insider owned 642,786 shares of the company’s stock, valued at $85,953,343.92. This represents a 20.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Alexander C. Karp sold 493,025 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.78, for a total value of $65,956,884.50. Following the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at $860,507,475.24. The trade was a 7.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,029,479 shares of company stock valued at $137,685,797. 9.53% of the stock is owned by insiders.

Palantir Technologies Price Performance

Shares of Palantir Technologies stock opened at $133.99 on Friday. The business has a 50 day simple moving average of $144.62 and a two-hundred day simple moving average of $159.79. Palantir Technologies Inc. has a 12 month low of $118.93 and a 12 month high of $207.52. The stock has a market capitalization of $321.22 billion, a P/E ratio of 150.55, a PEG ratio of 2.13 and a beta of 1.52.

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Benchmark assumed coverage on Palantir Technologies in a research report on Wednesday, April 1st. They set a “hold” rating on the stock. HSBC downgraded Palantir Technologies from a “buy” rating to a “hold” rating and lowered their price target for the stock from $205.00 to $151.00 in a research report on Friday, May 1st. Cantor Fitzgerald reiterated a “neutral” rating on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Citigroup increased their price target on Palantir Technologies from $210.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, Robert W. Baird raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price for the company in a report on Tuesday, February 3rd. Two research 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $195.16.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Wall Street commentary remains constructive after Palantir’s strong quarterly results, with one brokerage lifting its price target to $230 and keeping a Buy rating, citing the company’s powerful revenue growth and AI momentum. Freedom Broker Lifts Palantir (PLTR) Price Target After Strong Results
• Positive Sentiment: Palantir-linked defense and autonomy demand continues to show up in partner results, as Ondas reported explosive revenue growth and raised guidance, highlighting broader commercial and defense adoption of Palantir-powered technology. Palantir-Backed Ondas Stock Soars. Autonomous Drone Company Sees Revenue Grow 1,065%.
• Positive Sentiment: Several bullish articles argue the recent pullback could be a buying opportunity, with analysts and commentators pointing to Palantir’s rapid revenue growth, rising analyst targets, and long runway in AI and government software. Palantir’s Critics Are “Right”—But They’re Also Still Wrong
• Neutral Sentiment: Media coverage of President Trump’s purchases and public comments on Palantir has increased attention on the stock, but this is more of a sentiment driver than a direct business catalyst. Trump touted Palantir on Truth Social after buying the company’s stock, records show
• Neutral Sentiment: Long-form outlook pieces and “stock price in 2030” predictions are keeping Palantir in the spotlight, but they do not materially change the near-term fundamental picture. This Will Be Palantir Technologies Stock Price in 2030
• Negative Sentiment: Bearish commentary continues to focus on valuation, with some investors arguing Palantir’s premium is too high even after exceptional growth, which may be contributing to the stock’s weakness. Where Will Palantir Stock Be in 5 Years?
• Negative Sentiment: Additional reports note that Palantir is still trading well below recent highs after a strong run, with investors rotating away from software names and some insiders reportedly selling more than buying. Retail traders are trimming holdings of longtime AI favorite Palantir in a pivot from software stocks

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.