VectorGlobal IAG Inc. acquired a new position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) in the first quarter, Holdings Channel reports. The institutional investor acquired 18,126 shares of the company’s stock, valued at approximately $2,651,000.
Other large investors have also recently made changes to their positions in the company. Basepoint Wealth LLC bought a new position in shares of Palantir Technologies in the 4th quarter valued at about $29,000. Ballast Advisors LLC purchased a new position in Palantir Technologies in the first quarter worth about $29,000. Morton Brown Family Wealth LLC increased its stake in Palantir Technologies by 250.0% during the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock worth $31,000 after acquiring an additional 125 shares during the last quarter. Cornerstone Financial Management LLC bought a new stake in Palantir Technologies during the fourth quarter worth approximately $31,000. Finally, Clayton Financial Group LLC raised its position in Palantir Technologies by 500.0% during the fourth quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock valued at $32,000 after purchasing an additional 150 shares during the period. 45.65% of the stock is currently owned by institutional investors.
Palantir Technologies Stock Performance
Shares of NASDAQ PLTR opened at $123.06 on Monday. Palantir Technologies Inc. has a fifty-two week low of $106.37 and a fifty-two week high of $207.52. The company has a market cap of $295.01 billion, a price-to-earnings ratio of 138.27, a PEG ratio of 1.97 and a beta of 1.56. The business’s 50 day moving average price is $130.38 and its 200-day moving average price is $140.41.
Wall Street Analyst Weigh In
PLTR has been the subject of a number of recent research reports. Royal Bank Of Canada reiterated an “underperform” rating and issued a $90.00 target price on shares of Palantir Technologies in a report on Friday. Rosenblatt Securities restated a “buy” rating and set a $225.00 price target on shares of Palantir Technologies in a report on Thursday. Zacks Research upgraded Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $138.00 price objective on shares of Palantir Technologies in a research note on Friday, May 22nd. Finally, UBS Group upgraded shares of Palantir Technologies from a “buy” rating to a “buy” rating in a research report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Palantir Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $189.88.
View Our Latest Research Report on PLTR
Key Headlines Impacting Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Analysts expect second-quarter revenue to rise approximately 80% year over year to about $1.8 billion, with adjusted EPS near $0.35. Investors are looking for another strong beat and possible guidance increase, supported by AI-driven demand across Palantir’s government and commercial businesses. Palantir Technologies next earnings report
- Positive Sentiment: Continued defense contracts, strong government demand and potential acceleration in U.S. commercial revenue could reinforce Palantir’s AI growth narrative. The company has also beaten earnings estimates for eight consecutive quarters. Palantir Q2 earnings preview
- Positive Sentiment: Rosenblatt reaffirmed a Buy rating and assigned a $225 price target, implying substantial upside from recent levels. Broader optimism about AI monetization and strong hyperscaler spending is also providing sector support. Rosenblatt Palantir rating
- Neutral Sentiment: Options traders expect an unusually large post-earnings move, making the upcoming report the immediate catalyst for PLTR. Investors will focus on revenue acceleration, U.S. commercial growth, international performance, margins and forward guidance—not merely whether Palantir beats estimates. Expected Palantir post-earnings move
- Negative Sentiment: Despite strong operating growth, PLTR has declined roughly 40% from its 2026 high and trades at an elevated earnings multiple. RBC warned investors not to chase the stock ahead of results, while technical indicators reportedly signal a strong sell. RBC warning on Palantir
- Negative Sentiment: Bears argue that another earnings beat may not be enough to support the shares because expectations and valuation remain high. Concerns include an uncertain commercial segment, the risk that AI customers develop competing capabilities, and Palantir’s history of post-earnings declines. Palantir earnings downside warning
Insider Buying and Selling at Palantir Technologies
In other news, insider Stephen Andrew Cohen sold 319,934 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $43,523,821.36. Following the transaction, the insider directly owned 592 shares in the company, valued at approximately $80,535.68. This represents a 99.82% decrease in their ownership of the stock. 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 Alexander C. Karp sold 397,744 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 transaction of $54,109,093.76. Following the completion of the transaction, the insider directly owned 6,432,258 shares in the company, valued at $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 90 days, insiders sold 1,112,270 shares of company stock valued at $150,247,785. 9.53% of the stock is owned by company insiders.
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.
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