Bluebird Wealth Management LLC Purchases New Stake in Palantir Technologies Inc. $PLTR

Key Points

• Bluebird Wealth Management bought a new stake of 11,580 shares (~$2.06M) of Palantir (NASDAQ:PLTR) in Q4, making the position about 1.9% of its portfolio and its 19th largest holding.
• Blowout Q1: Palantir reported $1.63 billion in revenue (+84.7% YoY) and $0.33 EPS, beating estimates and raising guidance, although the stock has seen volatility as investors weigh high valuation multiples.
• Heavy insider selling (Alexander Karp sold 493,025 shares for roughly $66M; insiders sold ~1,029,479 shares worth ~$137.7M in the past 90 days) has added to mixed sentiment despite multiple analyst upgrades and a consensus "Moderate Buy."

Bluebird Wealth Management LLC purchased a new stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 11,580 shares of the company's stock, valued at approximately $2,058,000. Palantir Technologies makes up about 1.9% of Bluebird Wealth Management LLC's investment portfolio, making the stock its 19th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of PLTR. Revolve Wealth Partners LLC acquired a new position in Palantir Technologies during the fourth quarter worth about $450,000. Bison Wealth LLC raised its stake in Palantir Technologies by 37.4% during the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company's stock worth $1,296,000 after acquiring an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC raised its stake 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 worth $1,447,000 after acquiring an additional 4,722 shares in the last quarter. Schnieders Capital Management LLC. raised its stake in Palantir Technologies by 36.8% during the second quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company's stock worth $858,000 after acquiring an additional 1,694 shares in the last quarter. Finally, Vivaldi Capital Management LP acquired a new position in Palantir Technologies during the second quarter worth about $315,000. Institutional investors and hedge funds own 45.65% of the company's stock.

Palantir Technologies Stock Performance

Shares of PLTR opened at $133.69 on Thursday. Palantir Technologies Inc. has a 52-week low of $107.00 and a 52-week high of $207.52. The business's 50 day moving average price is $145.35 and its two-hundred day moving average price is $161.88. The firm has a market cap of $319.74 billion, a PE ratio of 150.21, a price-to-earnings-growth ratio of 2.52 and a beta of 1.52.

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, beating the consensus estimate of $0.28 by $0.05. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same period in the previous year, the firm earned $0.13 earnings per share. The company's revenue was up 84.7% compared to the same quarter last year. Research analysts predict that Palantir Technologies Inc. will post 1.06 EPS for the current fiscal year.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Alexander C. Karp sold 493,025 shares of the business's stock in a transaction that occurred 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 transaction, the insider directly owned 6,432,258 shares of the company's stock, valued at approximately $860,507,475.24. The trade was a 7.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider David A. Glazer sold 17,438 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 $2,331,809.36. Following the completion of the transaction, the insider directly owned 392,370 shares in the company, valued at approximately $52,467,716.40. This trade represents a 4.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,029,479 shares of company stock valued at $137,685,797. 9.53% of the stock is owned by insiders.

Palantir Technologies News Roundup

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

Wall Street Analyst Weigh In

Several brokerages have commented on PLTR. Benchmark began coverage on Palantir Technologies in a research note on Wednesday, April 1st. They set a "hold" rating for the company. Jefferies Financial Group set a $208.00 target price on Palantir Technologies in a research note on Thursday, January 22nd. Freedom Capital upgraded Palantir Technologies from a "strong sell" rating to a "strong-buy" rating in a report on Friday, February 13th. DA Davidson reduced their price target on Palantir Technologies from $180.00 to $165.00 and set a "neutral" rating on the stock in a report on Tuesday. Finally, Royal Bank Of Canada restated an "underperform" rating and set a $90.00 price target on shares of Palantir Technologies in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $194.68.

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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