WealthPlan Investment Management LLC Buys 5,770 Shares of Palantir Technologies Inc. $PLTR

WealthPlan Investment Management LLC raised its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 18.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 37,550 shares of the company’s stock after purchasing an additional 5,770 shares during the period. WealthPlan Investment Management LLC’s holdings in Palantir Technologies were worth $6,675,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Milestone Asset Management LLC grew its holdings 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 during the period. GPS Wealth Strategies Group LLC boosted its stake in shares of Palantir Technologies by 26.4% in the third quarter. GPS Wealth Strategies Group LLC now owns 58,548 shares of the company’s stock worth $10,680,000 after acquiring an additional 12,229 shares during the period. VCI Wealth Management LLC boosted its stake in shares of Palantir Technologies by 42.3% in the fourth quarter. VCI Wealth Management LLC now owns 12,187 shares of the company’s stock worth $2,166,000 after acquiring an additional 3,621 shares during the period. Public Sector Pension Investment Board boosted its stake in shares of Palantir Technologies by 135.3% in the third quarter. Public Sector Pension Investment Board now owns 540,835 shares of the company’s stock worth $98,659,000 after acquiring an additional 310,942 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of Palantir Technologies by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock worth $38,295,188,000 after acquiring an additional 1,557,828 shares during the period. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies Trading Up 0.2%

NASDAQ:PLTR opened at $133.99 on Friday. The company has a market capitalization of $321.22 billion, a P/E ratio of 150.55, a P/E/G ratio of 2.13 and a beta of 1.52. Palantir Technologies Inc. has a 12 month low of $118.93 and a 12 month high of $207.52. The business’s 50-day moving average is $144.62 and its 200 day moving average is $159.79.

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

Analyst Ratings Changes

A number of research firms have recently weighed in on PLTR. Robert W. Baird raised 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. William Blair raised Palantir Technologies from a “market perform” rating to an “outperform” rating in a research note on Monday, February 2nd. UBS Group upped their price objective on Palantir Technologies from $180.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, March 18th. Northland Securities raised 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. Finally, DZ Bank began coverage on Palantir Technologies in a research note on Thursday, April 23rd. They issued a “buy” rating and a $175.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $195.16.

Insider Buying and Selling

In related news, insider Shyam Sankar sold 168,004 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $22,465,494.88. Following the sale, the insider directly owned 642,786 shares in the company, valued at approximately $85,953,343.92. The trade was a 20.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Alexander C. Karp sold 493,025 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.78, for a total value of $65,956,884.50. Following the completion of the sale, the insider owned 6,432,258 shares in the company, valued at $860,507,475.24. This represents a 7.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,029,479 shares of company stock valued at $137,685,797 in the last ninety days. Company insiders own 9.53% of the company’s stock.

More Palantir Technologies News

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

• Positive Sentiment: Wall Street commentary remains constructive after Palantir’s strong quarterly results, with one brokerage lifting its price target to $230 and keeping a Buy rating, citing the company’s powerful revenue growth and AI momentum. Freedom Broker Lifts Palantir (PLTR) Price Target After Strong Results
• Positive Sentiment: Palantir-linked defense and autonomy demand continues to show up in partner results, as Ondas reported explosive revenue growth and raised guidance, highlighting broader commercial and defense adoption of Palantir-powered technology. Palantir-Backed Ondas Stock Soars. Autonomous Drone Company Sees Revenue Grow 1,065%.
• Positive Sentiment: Several bullish articles argue the recent pullback could be a buying opportunity, with analysts and commentators pointing to Palantir’s rapid revenue growth, rising analyst targets, and long runway in AI and government software. Palantir’s Critics Are “Right”—But They’re Also Still Wrong
• Neutral Sentiment: Media coverage of President Trump’s purchases and public comments on Palantir has increased attention on the stock, but this is more of a sentiment driver than a direct business catalyst. Trump touted Palantir on Truth Social after buying the company’s stock, records show
• Neutral Sentiment: Long-form outlook pieces and “stock price in 2030” predictions are keeping Palantir in the spotlight, but they do not materially change the near-term fundamental picture. This Will Be Palantir Technologies Stock Price in 2030
• Negative Sentiment: Bearish commentary continues to focus on valuation, with some investors arguing Palantir’s premium is too high even after exceptional growth, which may be contributing to the stock’s weakness. Where Will Palantir Stock Be in 5 Years?
• Negative Sentiment: Additional reports note that Palantir is still trading well below recent highs after a strong run, with investors rotating away from software names and some insiders reportedly selling more than buying. Retail traders are trimming holdings of longtime AI favorite Palantir in a pivot from software stocks

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.