Banque Cantonale Vaudoise raised its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 79.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 35,060 shares of the company’s stock after acquiring an additional 15,505 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Palantir Technologies were worth $6,232,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of PLTR. Revolve Wealth Partners LLC bought a new position in Palantir Technologies during the fourth quarter valued at about $450,000. Bison Wealth LLC raised its holdings in Palantir Technologies by 37.4% during the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after buying an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC raised its holdings in Palantir Technologies by 38.0% during the first quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock valued at $1,447,000 after buying an additional 4,722 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in shares of Palantir Technologies by 36.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock worth $858,000 after purchasing an additional 1,694 shares during the last quarter. Finally, Vivaldi Capital Management LP acquired a new position in shares of Palantir Technologies during the 2nd quarter worth about $315,000. 45.65% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
PLTR has been the subject of several research analyst reports. UBS Group boosted their price objective on Palantir Technologies from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, March 18th. Robert W. Baird raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective on the stock in a report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $200.00 price target on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Royal Bank Of Canada reaffirmed an “underperform” rating and set a $90.00 price objective on shares of Palantir Technologies in a report on Tuesday, May 5th. Finally, Benchmark assumed coverage on Palantir Technologies in a research note on Wednesday, April 1st. They issued a “hold” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Palantir Technologies has an average rating of “Moderate Buy” and an average target price of $195.16.
Insider Buying and Selling
In other news, insider David A. Glazer sold 17,438 shares of Palantir Technologies 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 $2,331,809.36. Following the completion of the sale, the insider directly owned 392,370 shares in the company, valued at approximately $52,467,716.40. The trade was a 4.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Alexander C. Karp sold 493,025 shares of the company’s stock in a transaction on 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 sale, the insider owned 6,432,258 shares of the company’s stock, valued at $860,507,475.24. The trade was a 7.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,029,479 shares of company stock valued at $137,685,797 in the last quarter. Corporate 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: GraniteShares launched new autocallable ETFs tied to PLTR, adding another structured-income product that highlights investor demand and keeps Palantir in the market spotlight. GraniteShares Expands Autocallable ETF Lineup with Launch of PLTR and HOOD ETFs
- Positive Sentiment: Several recent bullish writeups argue that Palantir’s revenue growth, expanding margins, and strong cash position support the long-term investment case, with one article saying the company’s business momentum remains intact despite volatility. The Palantir Paradox — Record Numbers and a Stock That Won’t Cooperate
- Positive Sentiment: Analyst-focused coverage continues to frame PLTR as a leading AI software name, which can help support sentiment even as valuations stay elevated. ORCL vs. PLTR: Which AI Stock Is the Better Buy in May, According to Analysts
- Neutral Sentiment: President Trump’s reported Palantir share purchase is generating attention and could boost visibility, but it also raises governance and conflict-of-interest questions rather than providing a direct business catalyst. Trump’s Palantir Share Purchase Puts Governance And Valuation In Focus
- Negative Sentiment: Bearish commentary is again pointing to PLTR’s rich valuation, with one article arguing the stock still looks fully valued even after recent weakness. Buy, Sell, or Hold: Palantir at $134 and NVIDIA at $220
- Negative Sentiment: Another bearish piece says AI labs such as OpenAI and Anthropic may weaken Palantir’s story over time, adding pressure to the stock’s premium multiple. Palantir Faces a Bigger Threat Than Valuation: AI Labs Like Anthropic and OpenAI Are Disrupting the PLTR Stock Story
Palantir Technologies Stock Performance
Palantir Technologies stock opened at $135.26 on Wednesday. Palantir Technologies Inc. has a 52 week low of $118.93 and a 52 week high of $207.52. The stock has a market capitalization of $324.26 billion, a P/E ratio of 151.98, a PEG ratio of 2.14 and a beta of 1.52. The stock has a 50-day simple moving average of $143.83 and a 200 day simple moving average of $158.76.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the previous year, the company posted $0.13 earnings per share. The business’s revenue was up 84.7% on a year-over-year basis. Research analysts forecast that Palantir Technologies Inc. will post 1.18 earnings per share for the current year.
Palantir Technologies 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.
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