Global Retirement Partners LLC Acquires 5,070 Shares of Palantir Technologies Inc. $PLTR

Global Retirement Partners LLC lifted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 6.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 79,282 shares of the company’s stock after purchasing an additional 5,070 shares during the period. Global Retirement Partners LLC’s holdings in Palantir Technologies were worth $14,092,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PLTR. Vanguard Group Inc. lifted its stake in shares of Palantir Technologies by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock worth $39,017,133,000 after purchasing an additional 8,168,604 shares during the period. State Street Corp lifted its stake in shares of Palantir Technologies by 7.2% in the 3rd quarter. State Street Corp now owns 101,258,899 shares of the company’s stock worth $18,471,648,000 after purchasing an additional 6,777,771 shares during the period. Amundi lifted its stake in shares of Palantir Technologies by 38.7% in the 3rd quarter. Amundi now owns 15,679,158 shares of the company’s stock worth $2,814,879,000 after purchasing an additional 4,373,201 shares during the period. Wellington Management Group LLP lifted its stake in shares of Palantir Technologies by 228.0% in the 3rd quarter. Wellington Management Group LLP now owns 5,182,560 shares of the company’s stock worth $945,403,000 after purchasing an additional 3,602,471 shares during the period. Finally, Clear Street Group Inc. bought a new position in shares of Palantir Technologies in the 3rd quarter worth approximately $408,763,000. Institutional investors own 45.65% of the company’s stock.

Insider Activity at Palantir Technologies

In other news, insider Stephen Andrew Cohen sold 327,088 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the completion of the sale, the insider directly owned 592 shares in the company, valued at approximately $79,162.24. This trade represents a 99.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ryan D. Taylor sold 19,988 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $2,672,795.36. Following the sale, the insider owned 219,421 shares of the company’s stock, valued at approximately $29,340,976.12. This trade represents a 8.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,029,479 shares of company stock valued at $137,685,797 over the last three months. Corporate insiders own 9.53% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Jefferies Financial Group set a $208.00 price objective on shares of Palantir Technologies in a research note on Thursday, January 22nd. Weiss Ratings cut shares of Palantir Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, April 27th. Loop Capital lowered their price objective on shares of Palantir Technologies from $230.00 to $220.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. DZ Bank assumed coverage on shares of Palantir Technologies in a research note on Thursday, April 23rd. They issued a “buy” rating and a $175.00 price objective on the stock. Finally, Oppenheimer started coverage on shares of Palantir Technologies in a research note on Thursday, April 30th. They issued an “outperform” rating and a $200.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $195.16.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Rosenblatt reportedly views Palantir’s recent pullback as a buying opportunity, pointing to the company’s strong execution and continued AI-driven growth narrative. Rosenblatt Sees the Pullback in Palantir Stock (PLTR) as a Buying Opportunity, Here’s Why
• Positive Sentiment: Several recent pieces highlight Palantir’s record quarterly results, including 85% revenue growth and expanding margins, reinforcing the view that business momentum remains exceptionally strong. Palantir Technologies (NASDAQ: PLTR)
• Positive Sentiment: Market commentary says Palantir’s expanding customer base and rising U.S. commercial adoption continue to support its enterprise AI growth story. PLTR’s Customer Growth Momentum Strengthens Enterprise AI Expansion
• Neutral Sentiment: New autocallable ETFs tied to Palantir launched this week, adding more trading products linked to the stock but not changing the underlying business outlook. GraniteShares Expands Autocallable ETF Lineup with Launch of PLTR and HOOD ETFs
• Negative Sentiment: Bearish articles continue to warn that Palantir is “priced for perfection” and may be vulnerable if growth slows or expectations cool further. Palantir Technologies: Priced For Perfection, And That’s Concerning
• Negative Sentiment: Some analysts and commentators are also flagging valuation risk and competition from AI labs like OpenAI and Anthropic as longer-term threats to the PLTR story. Palantir Faces a Bigger Threat Than Valuation: AI Labs Like Anthropic and OpenAI Are Disrupting the PLTR Stock Story

Palantir Technologies Stock Up 1.4%

NASDAQ PLTR opened at $137.15 on Thursday. The company has a fifty day moving average of $143.45 and a two-hundred day moving average of $158.35. The firm has a market capitalization of $328.79 billion, a price-to-earnings ratio of 154.10, a PEG ratio of 2.15 and a beta of 1.52. Palantir Technologies Inc. has a 52 week low of $118.93 and a 52 week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.28 by $0.05. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.54 billion. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. Palantir Technologies’s quarterly revenue was up 84.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.13 earnings per share. Equities research analysts anticipate that Palantir Technologies Inc. will post 1.18 EPS for the current year.

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.