Palantir Technologies Inc. $PLTR Shares Acquired by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC raised its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 7.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 167,026 shares of the company’s stock after acquiring an additional 10,954 shares during the quarter. Palantir Technologies makes up 0.6% of Bridgeway Capital Management LLC’s investment portfolio, making the stock its 11th biggest holding. Bridgeway Capital Management LLC’s holdings in Palantir Technologies were worth $29,689,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Bare Financial Services Inc lifted its holdings in shares of Palantir Technologies by 54.5% in the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after purchasing an additional 55 shares during the last quarter. Beaumont Financial Advisors LLC lifted its holdings in shares of 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 purchasing an additional 59 shares during the last quarter. Transcend Capital Advisors LLC lifted its holdings in shares of Palantir Technologies by 0.6% in the 4th 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 shares of Palantir Technologies by 1.3% in the 4th 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 lifted its holdings in shares of Palantir Technologies by 1.6% in the 4th quarter. San Luis Wealth Advisors LLC now owns 4,087 shares of the company’s stock valued at $726,000 after purchasing an additional 63 shares during the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Palantir Technologies Stock Down 2.0%

PLTR opened at $130.63 on Thursday. The business has a 50 day moving average price of $138.61 and a two-hundred day moving average price of $153.02. The company has a market cap of $313.16 billion, a PE ratio of 146.78, a P/E/G ratio of 2.11 and a beta of 1.53. Palantir Technologies Inc. has a 52 week low of $122.68 and a 52 week high of $207.52.

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

Palantir Technologies News Summary

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

• Positive Sentiment: Wolfe Research upgraded Palantir, calling its AI platform best-in-class and saying the stock is “too big to ignore,” which supports the bullish case for continued enterprise AI demand. Why This Analyst Says Palantir Stock Is ‘Too Big to Ignore’
• Positive Sentiment: Another analyst note and follow-up coverage highlighted Palantir’s strong growth, improving margins, and continued leadership in AI software, reinforcing expectations that revenue momentum can remain above peers. Cognyte vs Palantir: Which AI Intelligence Stock Is the Better Buy?
• Neutral Sentiment: Multiple recent articles frame Palantir as a high-growth AI winner but also emphasize that the stock is expensive, suggesting investors remain split between growth enthusiasm and valuation discipline. Palantir: The Stock Is Expensive, But The Growth Is Not Normal
• Neutral Sentiment: Coverage also notes Palantir’s AI partnerships and customer deployments, which support the long-term narrative, but governance-related headlines from AIPCon and shareholder proposals keep some uncertainty in the background. Will New AI Partnerships And Governance Votes At AIPCon 10 Change Palantir Technologies’ Narrative
• Negative Sentiment: Michael Burry renewed criticism of Palantir, arguing Ukraine is developing its own battlefield software and replacing Palantir in some use cases, which raises questions about competitive durability in government/defense work. Michael Burry Is Using Ukraine’s Own Words Against Palantir
• Negative Sentiment: European headlines are also weighing on sentiment, including France ending work with Palantir’s intelligence agency and a Swiss legal loss tied to government-contract scrutiny and data sovereignty. French domestic spy agency ditches Palantir for local rival, PM says
• Negative Sentiment: Insider selling and valuation concerns are adding to caution, as investors worry the stock’s premium pricing leaves little room for disappointment after a strong AI-driven run. Jeffrey Buckley Sells 1,481 Shares of Palantir Technologies (NASDAQ:PLTR) Stock

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 165,514 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $22,516,524.56. Following the transaction, the insider owned 642,786 shares in the company, valued at approximately $87,444,607.44. The trade was a 20.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through 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 stock was sold at an average price of $136.04, for a total value of $43,523,821.36. Following the transaction, the insider owned 592 shares in the company, valued at $80,535.68. The trade was a 99.82% decrease in their position. 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. Insiders have sold a total of 927,270 shares of company stock worth $126,197,785 in the last three months. 9.53% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PLTR. Citigroup boosted their target price on Palantir Technologies from $210.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 target price on shares of Palantir Technologies in a report on Friday, June 5th. DA Davidson reduced their target price on Palantir Technologies from $180.00 to $165.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. UBS Group raised Palantir Technologies from a “buy” rating to a “buy” rating in a report on Tuesday. Finally, Weiss Ratings downgraded Palantir Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $192.76.

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.