BI Asset Management Fondsmaeglerselskab A S Reduces Stake in Palantir Technologies Inc. $PLTR

BI Asset Management Fondsmaeglerselskab A S decreased its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 55.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 122,778 shares of the company’s stock after selling 150,151 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Palantir Technologies were worth $17,960,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of PLTR. Bare Financial Services Inc grew its stake in shares of Palantir Technologies by 54.5% during the 3rd 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 period. Beaumont Financial Advisors LLC raised its stake in Palantir Technologies by 2.0% in the 4th quarter. Beaumont Financial Advisors LLC now owns 2,965 shares of the company’s stock valued at $527,000 after acquiring an additional 59 shares during the period. Transcend Capital Advisors LLC lifted its holdings in Palantir Technologies by 0.6% during the fourth quarter. Transcend Capital Advisors LLC now owns 10,635 shares of the company’s stock valued at $1,890,000 after purchasing an additional 60 shares during the last quarter. Sandbox Financial Partners LLC lifted its holdings in Palantir Technologies by 1.3% during the fourth quarter. Sandbox Financial Partners LLC now owns 4,911 shares of the company’s stock valued at $873,000 after purchasing an additional 61 shares during the last quarter. Finally, San Luis Wealth Advisors LLC boosted its position in Palantir Technologies by 1.6% during the fourth quarter. San Luis Wealth Advisors LLC now owns 4,087 shares of the company’s stock worth $726,000 after purchasing an additional 63 shares during the period. 45.65% of the stock is owned by institutional investors.

Palantir Technologies Price Performance

PLTR stock opened at $128.47 on Friday. Palantir Technologies Inc. has a one year low of $122.68 and a one year high of $207.52. The stock 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. The firm has a 50 day simple moving average of $137.94 and a two-hundred day simple moving average of $152.57.

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

Insider Buying and Selling

In other Palantir Technologies news, insider Jeffrey Buckley sold 1,481 shares of the business’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 completion of the sale, the insider owned 60,226 shares in the company, valued at approximately $7,757,108.80. The trade was a 2.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Elaina Friedman Stat sold 1,598 shares of the company’s 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 sale, the director owned 55,022 shares of the company’s stock, valued at $8,803,520. This represents a 2.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 927,270 shares of company stock worth $126,197,785 in the last 90 days. 9.53% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on PLTR shares. Weiss Ratings lowered shares of Palantir Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, April 27th. Rosenblatt Securities restated a “buy” rating and set a $225.00 target price on shares of Palantir Technologies in a research report on Friday, June 5th. Cantor Fitzgerald restated a “neutral” rating and set a $138.00 target price on shares of Palantir Technologies in a research report on Friday, May 22nd. HSBC lowered Palantir Technologies from a “buy” rating to a “hold” rating and cut their price target for the stock from $205.00 to $151.00 in a report on Friday, May 1st. Finally, UBS Group upgraded Palantir Technologies from a “buy” rating to a “buy” rating in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Palantir Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $192.76.

More Palantir Technologies News

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

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.