Compound Planning Inc. Lowers Stock Position in Palantir Technologies Inc. $PLTR

Compound Planning Inc. trimmed its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 14.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,936 shares of the company’s stock after selling 12,381 shares during the quarter. Compound Planning Inc.’s holdings in Palantir Technologies were worth $10,669,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Palantir Technologies in the fourth quarter valued at about $5,149,641,000. Jennison Associates LLC purchased a new position in shares of Palantir Technologies during the first quarter worth about $1,574,111,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Palantir Technologies by 277.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company’s stock worth $1,528,143,000 after buying an additional 7,678,747 shares during the last quarter. State Street Corp increased its position in Palantir Technologies by 7.2% in the 3rd quarter. State Street Corp now owns 101,258,899 shares of the company’s stock valued at $18,471,648,000 after acquiring an additional 6,777,771 shares during the period. Finally, Cardano Risk Management B.V. increased its position in Palantir Technologies by 917.4% in the 4th quarter. Cardano Risk Management B.V. now owns 6,585,630 shares of the company’s stock valued at $1,170,596,000 after acquiring an additional 5,938,343 shares during the period. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies News Summary

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

• Positive Sentiment: Citi raised its estimates and sees strong commercial momentum ahead, with one report highlighting expectations for about 53% revenue growth in 2027, which could support a higher valuation if execution stays strong. Palantir in focus as Citi ups estimates on expected commercial boost
• Positive Sentiment: Multiple articles argued Palantir’s AI platform is becoming mission-critical infrastructure for enterprises, with its Ontology and AIP bootcamps helping customers move AI into production and strengthening long-term demand. How Palantir is Turning AI Into Mission-Critical Infrastructure
• Positive Sentiment: Several bullish pieces pointed to Palantir’s strong growth profile, with one MarketWatch screen calling it a leading growth name in defense spending themes and other commentary arguing the recent selloff may be creating a more attractive entry point. As defense spending surges, these stocks could make you the most money
• Neutral Sentiment: Palantir is approaching earnings on Aug. 3, and options traders are pricing in a meaningful post-earnings move, which suggests heightened volatility rather than a clear directional signal. Palantir Stock Price Braces for a 15% Swing as Q2 Earnings Near
• Negative Sentiment: PLTR has fallen sharply year to date as investors pulled back from high-multiple AI stocks, and one report said the stock is swinging as AI peers wobble on pricing concerns. Citi Sees 53% Revenue Growth for Palantir in 2027. Here’s Why
• Negative Sentiment: Investors are also focused on regulatory scrutiny around Palantir’s UK NHS data contract and fears that open-source competitors could challenge parts of its AI proposition, adding pressure ahead of earnings. Why is Palantir stock falling 5% today?

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PLTR. Argus raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a research report on Wednesday, May 6th. BTIG Research lowered Palantir Technologies to a “neutral” rating in a report on Tuesday, June 16th. BNP Paribas Exane initiated coverage on Palantir Technologies in a research note on Tuesday, June 16th. They set an “underperform” rating for the company. Mizuho decreased their price target on Palantir Technologies from $195.00 to $185.00 and set an “outperform” rating for the company in a report on Tuesday, April 14th. Finally, President Capital upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $25.50 to $133.00 in a research report on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Palantir Technologies has an average rating of “Moderate Buy” and a consensus price target of $190.85.

Palantir Technologies Stock Down 1.0%

Shares of NASDAQ:PLTR opened at $123.37 on Friday. Palantir Technologies Inc. has a 52 week low of $106.37 and a 52 week high of $207.52. The company has a 50-day moving average price of $131.77 and a 200 day moving average price of $142.69. The company has a market cap of $295.76 billion, a P/E ratio of 138.62, a PEG ratio of 1.99 and a beta of 1.56.

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, topping the consensus estimate of $0.28 by $0.05. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The firm’s quarterly revenue was up 84.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.13 EPS. Analysts expect that Palantir Technologies Inc. will post 1.17 EPS for the current year.

Insider Transactions at Palantir Technologies

In other news, insider Stephen Andrew Cohen sold 319,934 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $43,523,821.36. Following the transaction, the insider directly owned 592 shares of the company’s stock, valued at $80,535.68. This represents a 99.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Jeffrey Buckley sold 1,481 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $128.80, for a total transaction of $190,752.80. Following the completion of the transaction, the insider owned 60,226 shares of the company’s stock, valued at $7,757,108.80. This represents a 2.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 1,112,270 shares of company stock valued at $150,247,785. 9.53% of the stock is owned by company insiders.

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.