Berkshire Capital Holdings Inc. Has $13.28 Million Position in Palantir Technologies Inc. $PLTR

Berkshire Capital Holdings Inc. lowered its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 15.8% in the 4th quarter, HoldingsChannel reports. The firm owned 74,690 shares of the company’s stock after selling 14,000 shares during the quarter. Palantir Technologies comprises approximately 4.4% of Berkshire Capital Holdings Inc.’s holdings, making the stock its 10th largest holding. Berkshire Capital Holdings Inc.’s holdings in Palantir Technologies were worth $13,276,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of PLTR. Planning Alternatives Ltd. ADV raised its stake in shares of Palantir Technologies by 13.8% during the 4th quarter. Planning Alternatives Ltd. ADV now owns 1,859 shares of the company’s stock worth $330,000 after acquiring an additional 225 shares in the last quarter. Associated Banc Corp raised its stake in shares of Palantir Technologies by 17.7% during the 4th quarter. Associated Banc Corp now owns 1,608 shares of the company’s stock worth $286,000 after acquiring an additional 242 shares in the last quarter. Mizuho Markets Americas LLC bought a new position in shares of Palantir Technologies during the 4th quarter worth approximately $17,775,000. Legato Capital Management LLC bought a new position in shares of Palantir Technologies during the 4th quarter worth approximately $470,000. Finally, New World Advisors LLC raised its stake in shares of Palantir Technologies by 48.3% during the 4th quarter. New World Advisors LLC now owns 2,676 shares of the company’s stock worth $476,000 after acquiring an additional 872 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Several recent pieces continue to highlight Palantir’s strong fundamentals, including rapid revenue growth, elevated margins, and a “Rule of 40” profile that bulls say supports further upside. Article Title
• Positive Sentiment: Rosenblatt reiterated a buy rating and a $225 price target, signaling Wall Street still sees meaningful upside from current levels. Article Title
• Positive Sentiment: Some commentary argues the recent pullback could be a buying opportunity, with analysts pointing to Palantir’s strong execution and long-term AI positioning. Article Title
• Neutral Sentiment: The stock is trending heavily in retail and media circles, which can keep attention high but does not by itself change the business outlook. Article Title
• Neutral Sentiment: Palantir continues to attract comparisons with other AI names like Nvidia and Innodata, underscoring its status as a high-profile AI stock rather than delivering a fresh company-specific catalyst. Article Title
• Negative Sentiment: Cantor Fitzgerald kept a neutral stance and said Palantir’s AI opportunity is real, but the valuation still looks too rich, reinforcing a key bear case. Article Title
• Negative Sentiment: News that Palantir is challenging the Defense Intelligence Agency over an analytics contract, along with a separate blocked U.K. police deal, adds uncertainty around government revenue opportunities. Article Title
• Negative Sentiment: Recent articles also note the stock remains well below its highs and that even bullish investors acknowledge it may need much more growth to justify today’s price. Article Title

Analyst Ratings Changes

Several research firms recently commented on PLTR. Wedbush reiterated an “outperform” rating and set a $230.00 price objective on shares of Palantir Technologies in a research note on Tuesday, May 5th. Argus upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a research note on Wednesday, May 6th. Robert W. Baird upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective for the company in a research note on Tuesday, February 3rd. Mizuho reduced their price objective on shares of Palantir Technologies from $195.00 to $185.00 and set an “outperform” rating for the company in a research note on Tuesday, April 14th. Finally, DA Davidson reduced their price objective on shares of Palantir Technologies from $180.00 to $165.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Palantir Technologies has a consensus rating of “Moderate Buy” and an average price target of $192.76.

Palantir Technologies Trading Down 0.4%

Shares of Palantir Technologies stock opened at $136.88 on Friday. Palantir Technologies Inc. has a 12-month low of $118.93 and a 12-month high of $207.52. The firm has a market capitalization of $328.14 billion, a price-to-earnings ratio of 153.80, a PEG ratio of 2.18 and a beta of 1.52. The firm’s 50 day simple moving average is $142.88 and its two-hundred day simple moving average is $157.76.

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

Insiders Place Their Bets

In other news, insider Shyam Sankar sold 165,514 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $22,516,524.56. Following the sale, the insider directly owned 642,786 shares of the company’s stock, valued at $87,444,607.44. This represents a 20.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 Alexander C. Karp sold 397,744 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $54,109,093.76. Following the completion of the sale, the insider directly owned 6,432,258 shares in the company, valued at $875,044,378.32. This trade represents a 5.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 923,756 shares of company stock worth $125,660,329. Company insiders own 9.53% of the company’s stock.

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.