Allegiance Financial Group Advisory Services LLC Increases Stake in Palantir Technologies Inc. $PLTR

Key Points

• Allegiance Financial Group Advisory Services LLC increased its Palantir stake by 104.7% in Q4 to 7,448 shares, worth about $1.324 million after buying an additional 3,809 shares.
• Palantir delivered a blowout Q1 — revenue $1.63B (+~85% YoY) and EPS $0.33 — beating estimates and raising guidance, yet the stock has been volatile amid profit-taking.
• Large insider selling (over 1,029,479 shares in the past 90 days) and a high valuation (PE ≈150) have produced mixed analyst views, leaving an average rating of "Moderate Buy" and a $194.68 consensus target.

Allegiance Financial Group Advisory Services LLC raised its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 104.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,448 shares of the company's stock after buying an additional 3,809 shares during the quarter. Allegiance Financial Group Advisory Services LLC's holdings in Palantir Technologies were worth $1,324,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Occidental Asset Management LLC grew its holdings in Palantir Technologies by 2.8% during the 3rd quarter. Occidental Asset Management LLC now owns 1,964 shares of the company's stock valued at $358,000 after buying an additional 53 shares in the last quarter. Gallacher Capital Management LLC boosted its position in shares of Palantir Technologies by 2.2% during the 3rd quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company's stock valued at $447,000 after acquiring an additional 53 shares during the last quarter. Bare Financial Services Inc boosted its position in shares of Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company's stock valued at $28,000 after acquiring an additional 55 shares during the last quarter. AlphaQuest LLC boosted its position in shares of Palantir Technologies by 15.8% during the 3rd quarter. AlphaQuest LLC now owns 425 shares of the company's stock valued at $78,000 after acquiring an additional 58 shares during the last quarter. Finally, Beaumont Financial Advisors LLC boosted its position in shares of Palantir Technologies by 2.0% during the 4th quarter. Beaumont Financial Advisors LLC now owns 2,965 shares of the company's stock valued at $527,000 after acquiring an additional 59 shares during the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Royal Bank Of Canada reiterated an "underperform" rating and set a $90.00 target price on shares of Palantir Technologies in a research report on Tuesday. Zacks Research downgraded Palantir Technologies from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 30th. Benchmark assumed coverage on Palantir Technologies in a research report on Wednesday, April 1st. They set a "hold" rating for the company. The Goldman Sachs Group lowered their target price on Palantir Technologies from $188.00 to $182.00 in a research report on Tuesday, February 3rd. Finally, DZ Bank assumed coverage on Palantir Technologies in a research report on Thursday, April 23rd. They set a "buy" rating and a $175.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, Palantir Technologies currently has an average rating of "Moderate Buy" and an average target price of $194.68.

Insider Activity

In other news, insider Ryan D. Taylor sold 19,988 shares of the company's stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,672,795.36. Following the transaction, the insider owned 219,421 shares of the company's stock, valued at approximately $29,340,976.12. This represents a 8.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Shyam Sankar sold 168,004 shares of the company'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 transaction, the insider directly owned 642,786 shares in the company, valued at approximately $85,953,343.92. This represents a 20.72% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,029,479 shares of company stock valued at $137,685,797. 9.53% of the stock is currently owned by corporate insiders.

Palantir Technologies Stock Down 1.6%

Shares of PLTR opened at $133.69 on Thursday. The company has a market cap of $319.74 billion, a PE ratio of 150.21, a P/E/G ratio of 2.52 and a beta of 1.52. The business has a fifty day moving average of $145.35 and a 200 day moving average of $161.88. Palantir Technologies Inc. has a 52-week low of $107.00 and a 52-week high of $207.52.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its quarterly earnings results 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. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate 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 was up 84.7% on a year-over-year basis. During the same period last year, the company earned $0.13 earnings per share. As a group, research analysts anticipate that Palantir Technologies Inc. will post 1.06 earnings per share for the current fiscal year.

Key Palantir Technologies News

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

• Positive Sentiment: Blowout Q1 and raised guidance — Palantir reported $1.63B in Q1 revenue (≈+85% YoY), topped EPS estimates and lifted its annual outlook, giving a clear operational beat. Palantir lifts annual revenue forecast
• Positive Sentiment: Strong margin / efficiency metrics — Analysts highlighted an unusually high Rule of 40 and rapid free cash flow conversion that make Palantir attractive relative to many AI peers. Palantir Is Breaking The Rule Of 40
• Positive Sentiment: Analyst support and higher targets — Multiple firms upgraded/raised targets (Rosenblatt, Citigroup, Wedbush, Argus), signaling conviction that growth can justify premium multiples. Argus upgrade
• Neutral Sentiment: Defense partnerships — Palantir joined the U.S. Army’s “Right to Integrate” hackathon sprint, reinforcing its defense positioning (long‑term strategic value but not an immediate earnings kicker). Palantir joins U.S. Army hackathon
• Neutral Sentiment: Commercial partnerships — Customers like Surf Air Mobility are rolling out Palantir‑powered products, showing commercial traction beyond government clients. Surf Air Mobility announces SurfOS powered by Palantir
• Negative Sentiment: Post‑earnings sell‑off driven by valuation and segment concerns — Despite the beat-and‑raise, investors focused on sky‑high multiples and softer-than-expected U.S. commercial/international nuances, prompting profit‑taking. Palantir stock tumbles as Q1 beats fail to impress
• Negative Sentiment: Bearish pressure from high‑profile shorts and downgrades — Michael Burry publicly disclosed a short; some sell‑side calls trimmed targets or warned about valuation/execution risks, amplifying downside risk. Michael Burry shorting Palantir
• Negative Sentiment: Insider selling and mixed analyst views — Heavy insider dispositions and a split analyst base (some big target upgrades, some cuts) keep sentiment volatile and raise concern about downside if execution slips. Quiver Quant opinions & insider activity

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.

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