Advisortrust Partners LLC bought a new position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor bought 4,560 shares of the company’s stock, valued at approximately $811,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PLTR. Bare Financial Services Inc increased its stake in Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after acquiring an additional 55 shares during the last quarter. Basepoint Wealth LLC purchased a new position in shares of Palantir Technologies in the 4th quarter worth about $29,000. United Financial Planning Group LLC acquired a new position in shares of Palantir Technologies in the 3rd quarter valued at about $32,000. Morton Brown Family Wealth LLC lifted its stake in shares of Palantir Technologies by 250.0% in the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock valued at $31,000 after purchasing an additional 125 shares in the last quarter. Finally, Cornerstone Financial Management LLC purchased a new stake in shares of Palantir Technologies during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 45.65% of the company’s stock.
Palantir Technologies Price Performance
Shares of NASDAQ PLTR opened at $128.47 on Friday. Palantir Technologies Inc. has a fifty-two week low of $122.68 and a fifty-two week high of $207.52. The business has a 50 day moving average price of $137.94 and a two-hundred day moving average price of $152.57. The firm has a market cap of $307.98 billion, a PE ratio of 144.35, a price-to-earnings-growth ratio of 2.04 and a beta of 1.53.
Insider Buying and Selling at Palantir Technologies
In other Palantir Technologies news, Director Lauren Elaina Friedman Stat sold 1,598 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $160.00, for a total transaction of $255,680.00. Following the transaction, the director directly owned 55,022 shares in the company, valued at $8,803,520. This represents a 2.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,481 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $128.80, for a total transaction of $190,752.80. Following the transaction, the insider owned 60,226 shares in the company, valued at $7,757,108.80. This trade represents a 2.40% decrease in their ownership of the stock. 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. In the last three months, insiders have sold 927,270 shares of company stock valued at $126,197,785. Corporate insiders own 9.53% of the company’s stock.
Palantir Technologies News Summary
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Analysts and commentators said Palantir’s commercial growth remains explosive, with Q1 revenue up 85% and some price targets implying substantial upside from current levels. Palantir’s (PLTR) Explosive Commercial Growth Could Send the Stock Back to $200
- Positive Sentiment: Palantir’s Google Cloud partnership is seen as a major catalyst because it expands distribution and could accelerate adoption of its AIP and Foundry platforms across enterprise customers. Why Palantir’s Google Cloud Deal Could Change the Debate
- Positive Sentiment: More coverage pointed to Palantir as a leading applied-AI company, with its platform, ontology, and forward-deployed engineers supporting continued commercial momentum. Is Palantir Technologies Inc. (PLTR) Becoming the Face of Applied Enterprise AI?
- Neutral Sentiment: News that Oligo Security entered Palantir’s FedStart compliance network adds to the federal AI cybersecurity story, but the immediate financial impact appears limited for now. Palantir (PLTR) Brings Oligo Security Into FedStart For Federal AI Cybersecurity
- Negative Sentiment: Bearish coverage continued to focus on valuation, with some articles noting the stock’s sharp year-to-date decline and investor concern that expectations may still be too high. Palantir Stock Is Down 27% in 2026. Is the Dip a Buying Opportunity?
- Negative Sentiment: There was also fresh attention on insider selling and technical weakness, which may be contributing to pressure on the shares despite the strong operating backdrop. Monster insider trading alert for Palantir (PLTR) stock
Analyst Ratings Changes
A number of analysts recently issued reports on PLTR shares. UBS Group raised shares of Palantir Technologies from a “buy” rating to a “buy” rating in a research report on Tuesday. Zacks Research raised shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. DA Davidson decreased their price objective on shares of Palantir Technologies from $180.00 to $165.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Oppenheimer assumed coverage on shares of Palantir Technologies in a research report on Thursday, April 30th. They issued an “outperform” rating and a $200.00 price objective for the company. Finally, HSBC downgraded shares of Palantir Technologies from a “buy” rating to a “hold” rating and cut their target price for the company from $205.00 to $151.00 in a research note on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Palantir Technologies currently has an average rating of “Moderate Buy” and an average target price of $192.76.
View Our Latest Stock Analysis on Palantir Technologies
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.
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