Banque Transatlantique SA Sells 88,118 Shares of Palantir Technologies Inc. $PLTR

Banque Transatlantique SA lowered its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 81.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 19,572 shares of the company’s stock after selling 88,118 shares during the period. Banque Transatlantique SA’s holdings in Palantir Technologies were worth $3,480,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in PLTR. Revolve Wealth Partners LLC bought a new position in shares of Palantir Technologies during the fourth quarter valued at approximately $450,000. Bison Wealth LLC lifted its stake in Palantir Technologies by 37.4% in the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after acquiring an additional 4,667 shares during the period. Capstone Wealth Management Group LLC boosted its holdings in Palantir Technologies by 38.0% in the first quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock valued at $1,447,000 after acquiring an additional 4,722 shares in the last quarter. Schnieders Capital Management LLC. boosted its holdings in Palantir Technologies by 36.8% in the second quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock valued at $858,000 after acquiring an additional 1,694 shares in the last quarter. Finally, Vivaldi Capital Management LP purchased a new position in Palantir Technologies during the 2nd quarter valued at $315,000. 45.65% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Mizuho decreased their price objective on shares of Palantir Technologies from $195.00 to $185.00 and set an “outperform” rating for the company in a report on Tuesday, April 14th. DA Davidson cut their target price on shares of Palantir Technologies from $180.00 to $165.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Wolfe Research upgraded shares of Palantir Technologies from an “underperform” rating to a “peer perform” rating in a research report on Tuesday. Argus raised shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target for the company in a research note on Wednesday, May 6th. Finally, Benchmark lowered shares of Palantir Technologies to a “hold” rating in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $192.76.

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR opened at $128.47 on Friday. The firm’s 50 day moving average price is $137.94 and its 200-day moving average price is $152.57. Palantir Technologies Inc. has a 52-week low of $122.68 and a 52-week high of $207.52. The company has a market cap of $307.98 billion, a PE ratio of 144.35, a P/E/G ratio of 2.04 and a beta of 1.53.

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

Palantir Technologies News Roundup

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

Insiders Place Their Bets

In related news, insider Alexander C. Karp sold 397,744 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $54,109,093.76. Following the sale, the insider directly owned 6,432,258 shares of the company’s stock, valued at $875,044,378.32. This trade represents a 5.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Stephen Andrew Cohen sold 319,934 shares of the business’s stock in a transaction that occurred 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. The trade was a 99.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 927,270 shares of company stock worth $126,197,785. 9.53% of the stock is owned by corporate insiders.

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.