Palantir Technologies Inc. $PLTR is Lee Johnson Capital Management LLC’s 9th Largest Position

Lee Johnson Capital Management LLC reduced its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 21.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 39,371 shares of the company’s stock after selling 11,046 shares during the period. Palantir Technologies accounts for approximately 2.4% of Lee Johnson Capital Management LLC’s investment portfolio, making the stock its 9th largest holding. Lee Johnson Capital Management LLC’s holdings in Palantir Technologies were worth $7,182,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Signature Resources Capital Management LLC purchased a new stake in shares of Palantir Technologies during the 2nd quarter valued at about $25,000. 1248 Management LLC purchased a new position in shares of Palantir Technologies during the first quarter valued at about $27,000. Briaud Financial Planning Inc purchased a new position in shares of Palantir Technologies during the second quarter valued at about $27,000. LFA Lugano Financial Advisors SA bought a new stake in shares of Palantir Technologies in the second quarter worth about $27,000. Finally, Frazier Financial Advisors LLC purchased a new stake in shares of Palantir Technologies in the second quarter worth about $28,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Price Performance

Shares of NASDAQ PLTR opened at $180.84 on Wednesday. The company has a market cap of $431.02 billion, a P/E ratio of 430.58, a PEG ratio of 7.14 and a beta of 1.50. The firm has a 50-day simple moving average of $181.21 and a two-hundred day simple moving average of $168.77. Palantir Technologies Inc. has a 1 year low of $63.40 and a 1 year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.09 billion. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The business’s revenue was up 62.8% compared to the same quarter last year. During the same period last year, the business posted $0.10 EPS. As a group, equities research analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Wall Street Analyst Weigh In

PLTR has been the topic of a number of research reports. HSBC lifted their price objective on Palantir Technologies from $181.00 to $197.00 and gave the stock a “hold” rating in a research note on Wednesday, November 5th. Weiss Ratings restated a “buy (b-)” rating on shares of Palantir Technologies in a research report on Monday. The Goldman Sachs Group increased their price objective on shares of Palantir Technologies from $141.00 to $188.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Jefferies Financial Group reissued an “underperform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. Finally, Raymond James Financial restated a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Five investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $172.28.

Insiders Place Their Bets

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 308,635 shares of the stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $50,613,053.65. Following the completion of the sale, the insider directly owned 592 shares of the company’s stock, valued at approximately $97,082.08. This represents a 99.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Ryan D. Taylor sold 36,048 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $162.36, for a total transaction of $5,852,753.28. Following the completion of the sale, the insider owned 251,409 shares in the company, valued at $40,818,765.24. This represents a 12.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,008,844 shares of company stock valued at $164,750,951 in the last three months. 12.93% of the stock is currently owned by insiders.

Key Palantir Technologies News

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

• Positive Sentiment: MarketBeat highlights Palantir as a leader in the “application-layer” rotation — pitching PLTR as a revenue-generating AI software winner (sticky platform, Bootcamps, large government contracts such as a $448M Navy ShipOS deal). This supports a narrative of sustainable commercial growth. Article Title
• Positive Sentiment: Zacks argues Palantir is the better AI tech buy versus ARM, citing accelerating revenue, margin improvements and enterprise AI adoption — a near-term positive for investor conviction around growth execution. Article Title
• Positive Sentiment: Zacks’ ROE snapshot notes Palantir’s improving return-on-equity (about 27.6%) and argues heavy platform investment, modular pricing and long contracts position the company for durable returns — reinforcing the long-term thesis. Article Title
• Neutral Sentiment: Several outlets and analysts (Dan Ives/Wedbush mentions, MarketBeat/Zacks features) include Palantir on top AI/tech lists — helpful for flows but not an immediate earnings surprise; these pieces support medium-term interest. Article Title
• Negative Sentiment: Option traders are moderately bearish per coverage of recent flow, indicating increased downside protection demand that can amplify intraday selling. Article Title
• Negative Sentiment: Technical/flow pieces note a recent support break and a short-term selloff — technical traders are watching lower support (~$175), which can trigger additional selling if broken. Article Title
• Negative Sentiment: Several cautious takes flag valuation/“red flags” risks (high multiples vs. revenue, concentration of growth expectations) and reports that notable investors (public reports) are taking short positions — all reasons some investors are trimming exposure. Article Title

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.