Expressive Wealth LLC bought a new position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund bought 7,411 shares of the company’s stock, valued at approximately $1,317,000. Palantir Technologies accounts for approximately 1.4% of Expressive Wealth LLC’s investment portfolio, making the stock its 20th largest position.
A number of other hedge funds and other institutional investors have also made changes to their positions in PLTR. Milestone Asset Management LLC grew its position in Palantir Technologies by 229.5% during the fourth quarter. Milestone Asset Management LLC now owns 60,551 shares of the company’s stock valued at $10,763,000 after purchasing an additional 42,173 shares in the last quarter. GPS Wealth Strategies Group LLC grew its position in Palantir Technologies by 26.4% during the third quarter. GPS Wealth Strategies Group LLC now owns 58,548 shares of the company’s stock valued at $10,680,000 after purchasing an additional 12,229 shares in the last quarter. VCI Wealth Management LLC grew its position in Palantir Technologies by 42.3% during the fourth quarter. VCI Wealth Management LLC now owns 12,187 shares of the company’s stock valued at $2,166,000 after purchasing an additional 3,621 shares in the last quarter. Public Sector Pension Investment Board grew its position in Palantir Technologies by 135.3% during the third quarter. Public Sector Pension Investment Board now owns 540,835 shares of the company’s stock valued at $98,659,000 after purchasing an additional 310,942 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in Palantir Technologies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock valued at $38,295,188,000 after purchasing an additional 1,557,828 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors.
Key Palantir Technologies News
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Several articles highlight ongoing strength in Palantir’s AI platform and expanding government and enterprise adoption, suggesting demand remains strong and supporting the bullish case for revenue growth. Palantir Stock Is Down 34% from Its Highs. Don’t Miss This Chance to Buy the Dip.
- Positive Sentiment: Commentary continues to argue that Palantir remains one of the leading AI-first software names, with some analysts and writers still seeing upside despite its rich valuation. Palantir vs. UiPath: Which AI-First Software Stock is a Buy?
- Positive Sentiment: Some market commentary says the recent selloff may be missing the bigger picture, pointing to Palantir’s long-term AI growth and expanding use cases in enterprise software. Palantir’s Selloff Is Missing The Real Story
- Neutral Sentiment: Palantir is getting mixed media attention from valuation-focused pieces and comparison articles, including debates over whether its premium multiple is justified by future AI growth. Is the Palantir Valuation Debate Over? Why Some Analysts See 86% Upside in the Agentic AI Era.
- Neutral Sentiment: Broader AI and high-growth tech coverage remains supportive of the sector, but it is not specific enough to materially change Palantir’s near-term outlook on its own. High Growth Tech Stocks in the US for May 2026
- Negative Sentiment: Insiders reportedly sold more than $43 million of Palantir shares, adding to concerns that executives are cashing out while the stock trades at a high valuation. Palantir Technologies Insiders Dump Shares Worth Over $43 Million
- Negative Sentiment: Additional reports say CEO Alex Karp and other top executives have continued stock sales, reinforcing investor worries about insider confidence and near-term upside after the rally. Palantir (PLTR) Stock: Top Execs Unload $120M+ in Coordinated RSU Tax Sale
- Negative Sentiment: Coverage also notes the stock has paused after a multi-session gain streak, suggesting traders may be locking in profits and reassessing whether Palantir’s valuation is too stretched. Palantir Rally Takes a Pause
Palantir Technologies Price Performance
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its earnings results on Monday, May 4th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.28 by $0.05. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.54 billion. During the same period in the prior year, the company earned $0.13 EPS. The business’s quarterly revenue was up 84.7% compared to the same quarter last year. As a group, equities research analysts anticipate that Palantir Technologies Inc. will post 1.18 EPS for the current year.
Insider Buying and Selling
In other news, insider Ryan D. Taylor sold 19,662 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $2,674,818.48. Following the completion of the transaction, the insider owned 199,759 shares in the company, valued at approximately $27,175,214.36. This represents a 8.96% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed 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 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 transaction, the insider owned 6,432,258 shares of the company’s stock, valued at approximately $875,044,378.32. This represents a 5.82% decrease in their position. 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. In the last quarter, insiders have sold 922,524 shares of company stock worth $125,501,302. Insiders own 9.53% of the company’s stock.
Wall Street Analyst Weigh In
PLTR has been the topic of several analyst reports. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research note on Monday, February 2nd. 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. Freedom Capital upgraded shares of Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, February 13th. DZ Bank started 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 for the company. Finally, Northland Securities upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a research note on Tuesday, February 3rd. Two research 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 assigned a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.76.
Check Out Our Latest Analysis on Palantir Technologies
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.
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