Stephens Inc. AR Boosts Stock Position in Palantir Technologies Inc. $PLTR

Stephens Inc. AR grew its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 4.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 264,695 shares of the company’s stock after acquiring an additional 11,751 shares during the quarter. Stephens Inc. AR’s holdings in Palantir Technologies were worth $39,125,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. 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 raised 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 acquiring an additional 125 shares during the period. Cornerstone Financial Management LLC purchased a new position in shares of Palantir Technologies during the 4th quarter worth approximately $31,000. United Financial Planning Group LLC acquired a new stake in Palantir Technologies in the 3rd quarter valued at approximately $32,000. Finally, Clayton Financial Group LLC grew its stake in shares of Palantir Technologies by 500.0% in the fourth quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock valued at $32,000 after buying an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: D.A. Davidson upgraded Palantir Technologies (PLTR) to Buy and raised its price target to $175, arguing the company’s AI orchestration platform is increasingly valuable for enterprises and may be better positioned than OpenAI or Anthropic for business use cases. Article Title
• Positive Sentiment: Palantir’s partnership with Nvidia to deliver AI capabilities for government customers is being viewed as a potential game-changer that could deepen enterprise and public-sector demand. Article Title
• Positive Sentiment: Analysts and commentators highlighted Palantir’s strong revenue growth, improving profitability, and “Rule of 40” expansion, reinforcing the view that fundamentals are catching up with the stock’s AI premium. Article Title
• Positive Sentiment: Palantir CEO Alex Karp’s recent comments framing enterprise AI as a trust and IP-protection problem are supporting the bull case that Palantir’s secure software stack is the “oxygen” of enterprise AI. Article Title
• Neutral Sentiment: Palantir remains a highly watched “meme-like” AI stock on Robinhood and in market commentary, which can amplify volatility but does not by itself change the business outlook. Article Title
• Negative Sentiment: Despite the rebound, some coverage continues to emphasize Palantir’s still-rich valuation and the fact that the stock had a difficult start to 2026, which could limit upside if execution slows. Article Title

Insider Transactions at Palantir Technologies

In other news, insider Jeffrey Buckley sold 1,481 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $128.80, for a total value of $190,752.80. Following the sale, the insider directly owned 60,226 shares in the company, valued at $7,757,108.80. This represents a 2.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Stephen Andrew Cohen sold 319,934 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 $43,523,821.36. Following the sale, the insider owned 592 shares in the company, valued at approximately $80,535.68. This trade represents a 99.82% decrease in their position. 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 sold 927,270 shares of company stock worth $126,197,785 in the last 90 days. Insiders own 9.53% of the company’s stock.

Analyst Upgrades and Downgrades

PLTR has been the topic of several research reports. Oppenheimer assumed coverage on shares of Palantir Technologies in a research report on Thursday, April 30th. They set an “outperform” rating and a $200.00 price target on the stock. UBS Group upgraded Palantir Technologies from a “buy” rating to a “buy” rating in a report on Tuesday, June 16th. Weiss Ratings downgraded Palantir Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, April 27th. Argus upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target for the company in a report on Wednesday, May 6th. Finally, President Capital upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and raised their price target for the company from $25.50 to $133.00 in a research note on Monday, June 29th. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $190.85.

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $129.30 on Monday. The company has a market cap of $309.97 billion, a P/E ratio of 145.28, a price-to-earnings-growth ratio of 2.08 and a beta of 1.56. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $207.52. The business has a fifty day moving average of $133.62 and a two-hundred day moving average of $148.06.

Palantir Technologies (NASDAQ:PLTR) last issued its earnings results on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.05. The company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.54 billion. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The firm’s revenue for the quarter was up 84.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.13 earnings per share. Sell-side analysts predict that Palantir Technologies Inc. will post 1.16 EPS for the current 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.