Oddo BHF Asset Management Sas Has $10.14 Million Stock Holdings in Palantir Technologies Inc. $PLTR

Oddo BHF Asset Management Sas boosted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 13.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 57,032 shares of the company’s stock after buying an additional 6,759 shares during the quarter. Oddo BHF Asset Management Sas’ holdings in Palantir Technologies were worth $10,137,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in PLTR. Bare Financial Services Inc lifted its stake 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 period. Basepoint Wealth LLC acquired a new position in shares of Palantir Technologies in the 4th quarter valued at $29,000. Morton Brown Family Wealth LLC lifted its stake in shares of Palantir Technologies by 250.0% in the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock valued at $31,000 after purchasing an additional 125 shares during the period. Cornerstone Financial Management LLC acquired a new position in shares of Palantir Technologies in the 4th quarter valued at $31,000. Finally, United Financial Planning Group LLC acquired a new position in shares of Palantir Technologies in the 3rd quarter valued at $32,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Insider Buying and Selling

In other news, insider Shyam Sankar sold 165,514 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $22,516,524.56. Following the completion of the transaction, the insider owned 642,786 shares in the company, valued at $87,444,607.44. This trade represents a 20.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $43,523,821.36. Following the completion of the sale, the insider owned 592 shares of the company’s stock, valued at $80,535.68. This trade represents a 99.82% decrease in their ownership of the stock. 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 927,270 shares of company stock worth $126,197,785 over the last three months. Company insiders own 9.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on PLTR shares. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 price target on shares of Palantir Technologies in a research note on Friday, June 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 report on Wednesday, May 6th. Oppenheimer started coverage on shares of Palantir Technologies in a research report on Thursday, April 30th. They issued an “outperform” rating and a $200.00 price objective for the company. Citigroup upped their price objective on shares of Palantir Technologies from $210.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Phillip Securities upped their price objective on shares of Palantir Technologies from $190.00 to $202.00 in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $192.76.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Wolfe Research upgraded Palantir Technologies (PLTR), signaling improved analyst sentiment and helping support the stock. Analyst upgrades Palantir stock price target for next 12 months
• Positive Sentiment: Coverage continues to highlight Palantir’s accelerating AI software demand and strong growth narrative, which is keeping investors interested in the name. Palantir Growth Story Stays Strong As AI Software Demand Expands
• Positive Sentiment: Recent commentary says Palantir remains debt-free and still has financial firepower, reinforcing the bullish case for continued investment in growth. Palantir (PLTR): Debt-Free AI Growth Shows Why Its Software Story Still Has Financial Firepower
• Positive Sentiment: Monday’s trading strength was tied to a broader risk-on rally and investor enthusiasm for AI and security-related stocks, which lifted PLTR alongside peers. Palantir Rises 5%, Cloudflare Pops 3% as Investors Pile Into AI Security Plays
• Neutral Sentiment: Several articles note that Palantir is attracting heavy investor attention and being discussed as a possible long-term AI winner, but those pieces are mostly sentiment-driven rather than fundamentally new. Palantir Technologies Inc. (PLTR) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: One note says the stock is trading near its 52-week low and asks whether it is a buy, underscoring that opinions on valuation remain mixed. Trading Near Its 52-Week Low, Is Palantir Technologies Stock a Buy?
• Negative Sentiment: Insider Jeffrey Buckley sold 1,481 shares under a pre-arranged trading plan, which can add to caution even though the sale was routine. Jeffrey Buckley Sells 1,481 Shares of Palantir Technologies (NASDAQ:PLTR) Stock
• Negative Sentiment: Some commentary points to profit-taking and ongoing weakness earlier this year, suggesting investors are still debating whether the latest rally is sustainable. Palantir Technologies (PLTR) shares skyrocket, what you need to know
• Negative Sentiment: A separate report on a Swiss court defeat raised concerns about European data-sovereignty and contract risks, which could weigh on sentiment around international expansion. Palantir Swiss Court Defeat Raises European Data Sovereignty And Contract Risks

Palantir Technologies Trading Up 5.3%

PLTR stock opened at $134.71 on Tuesday. The stock has a market cap of $322.94 billion, a PE ratio of 151.36, a price-to-earnings-growth ratio of 2.03 and a beta of 1.53. The stock has a 50-day moving average price of $139.26 and a two-hundred day moving average price of $153.49. Palantir Technologies Inc. has a 1 year low of $122.68 and a 1 year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.05. The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.Palantir Technologies’s revenue for the quarter was up 84.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.13 EPS. On average, analysts forecast that Palantir Technologies Inc. will post 1.18 earnings per share for the current fiscal 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.