Strategic Blueprint LLC Reduces Position in Palantir Technologies Inc. $PLTR

Strategic Blueprint LLC lessened its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 42.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 13,569 shares of the company’s stock after selling 10,163 shares during the period. Strategic Blueprint LLC’s holdings in Palantir Technologies were worth $2,412,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. grew its stake in Palantir Technologies by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock valued at $38,295,188,000 after buying an additional 1,557,828 shares in the last quarter. State Street Corp lifted its position in shares of Palantir Technologies by 7.2% during the third quarter. State Street Corp now owns 101,258,899 shares of the company’s stock worth $18,471,648,000 after acquiring an additional 6,777,771 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Palantir Technologies by 5.9% in the third quarter. Invesco Ltd. now owns 21,798,785 shares of the company’s stock worth $3,976,534,000 after acquiring an additional 1,213,529 shares during the period. Northern Trust Corp boosted its holdings in shares of Palantir Technologies by 3.8% in the third quarter. Northern Trust Corp now owns 21,088,462 shares of the company’s stock worth $3,846,957,000 after acquiring an additional 769,238 shares during the period. Finally, Amundi grew its position in shares of Palantir Technologies by 38.7% in the third quarter. Amundi now owns 15,679,158 shares of the company’s stock valued at $2,814,879,000 after purchasing an additional 4,373,201 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on PLTR shares. DA Davidson reiterated a “neutral” rating and set a $180.00 price objective on shares of Palantir Technologies in a research note on Thursday, April 16th. Rosenblatt Securities reiterated a “buy” rating and set a $200.00 price target on shares of Palantir Technologies in a research report on Wednesday, March 25th. Mizuho lowered their price target on shares of Palantir Technologies from $195.00 to $185.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. UBS Group raised their price objective on shares of Palantir Technologies from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Finally, William Blair raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $194.17.

Palantir Technologies Stock Down 1.3%

Palantir Technologies stock opened at $141.25 on Wednesday. Palantir Technologies Inc. has a 52 week low of $105.32 and a 52 week high of $207.52. The business has a 50-day simple moving average of $145.14 and a 200 day simple moving average of $163.06. The stock has a market cap of $337.82 billion, a price-to-earnings ratio of 224.20, a PEG ratio of 2.75 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The company’s revenue was up 70.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.14 EPS. On average, research analysts anticipate that Palantir Technologies Inc. will post 1.05 earnings per share for the current year.

Insider Buying and Selling

In other Palantir Technologies news, insider Shyam Sankar sold 168,004 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $22,465,494.88. Following the completion of the transaction, the insider owned 642,786 shares of the company’s stock, valued at $85,953,343.92. The trade was a 20.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the completion of the transaction, the insider directly owned 592 shares in the company, valued at $79,162.24. The trade was a 99.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,029,879 shares of company stock valued at $137,746,253 in the last 90 days. 12.93% of the stock is owned by company insiders.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Cleveland?Cliffs signed a multi?year AI integration deal with Palantir to modernize manufacturing operations across North American facilities — a revenue and commercial?wins signal for PLTR. Cleveland?Cliffs Partners With Palantir
• Positive Sentiment: Palantir reportedly secured a large USDA Blanket Purchase Agreement (~$300M) to modernize national farm security — a meaningful government backlog item that supports recurring revenue expectations. Palantir Secures $300M USDA Agreement
• Neutral Sentiment: Investors are focused on Palantir’s Q1 report (May 4). Analysts warn results and forward guidance could swing sentiment sharply — good beats could restore the rally narrative; any weakness risks further multiple compression. Palantir Stock Could Change on May 4
• Neutral Sentiment: Citi trimmed its 12?month price target to $210 from $260 but maintained a Buy rating and raised some estimates — signaling faith in fundamentals but acknowledging recent sector multiple compression. That keeps a mixed analyst backdrop. Citi Cuts Palantir Price Target to $210
• Negative Sentiment: Germany’s military said it will not award contracts to Palantir for now — a reputational and opportunity loss in Europe that highlights political/regulatory risks in government business. Germany’s Military Shuns Palantir
• Negative Sentiment: Alphabet’s classified DoD deal (Gemini access) and broader hyperscaler push into defense AI create direct competitive pressure on Palantir’s higher?touch, services?heavy model — investors fear margin and contract share erosion if agencies favor scalable cloud/API approaches. Google Classified AI Contract Shakes Up Sector

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.