Encompass More Asset Management Has $1.32 Million Stock Position in Palantir Technologies Inc. $PLTR

Key Points

• Encompass More Asset Management boosted its Palantir stake by 320.3% in Q4 to 7,398 shares, valued at about $1.315 million.
• Insider selling has been heavy—company insiders sold 1,029,479 shares (~$137.7M) in the past three months, including Alex Karp and Shyam Sankar, leaving insiders with 9.53% ownership.
• Palantir delivered a blowout Q1 with $1.63B revenue (~+85% YoY), beat EPS and raised guidance, but the stock pulled back on valuation concerns and mixed analyst views; consensus rating is Moderate Buy with an average target of $194.68.

Encompass More Asset Management lifted its stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 320.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,398 shares of the company's stock after purchasing an additional 5,638 shares during the quarter. Encompass More Asset Management's holdings in Palantir Technologies were worth $1,315,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Bare Financial Services Inc lifted its position in shares of Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company's stock worth $28,000 after purchasing an additional 55 shares in the last quarter. Morton Brown Family Wealth LLC lifted its position in shares of Palantir Technologies by 250.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company's stock worth $31,000 after purchasing an additional 125 shares in the last quarter. Flagship Wealth Advisors LLC purchased a new stake in shares of Palantir Technologies in the third quarter worth approximately $32,000. United Financial Planning Group LLC purchased a new stake in shares of Palantir Technologies in the third quarter worth approximately $32,000. Finally, Clayton Financial Group LLC lifted its position 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 worth $32,000 after purchasing an additional 150 shares in the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Palantir Technologies

In related news, insider Alexander C. Karp sold 493,025 shares of the business's stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the transaction, the insider 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 legal filing with the SEC, which is available through this hyperlink. Also, insider Shyam Sankar sold 168,004 shares of the business's stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the transaction, the insider directly owned 642,786 shares in the company, valued at $85,953,343.92. This trade represents a 20.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,029,479 shares of company stock valued at $137,685,797 in the last three months. 9.53% of the stock is owned by insiders.

Key Headlines Impacting Palantir Technologies

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

Analyst Ratings Changes

PLTR has been the subject of a number of research analyst reports. DZ Bank assumed coverage on shares of Palantir Technologies in a research report on Thursday, April 23rd. They issued a "buy" rating and a $175.00 price target for the company. Freedom Capital raised shares of Palantir Technologies from a "strong sell" rating to a "strong-buy" rating in a research report on Friday, February 13th. Northland Securities raised shares of Palantir Technologies from a "market perform" rating to an "outperform" rating and set a $190.00 price objective on the stock in a research report on Tuesday, February 3rd. Citigroup raised their price objective on shares of Palantir Technologies from $210.00 to $225.00 and gave the company a "buy" rating in a research report on Wednesday. Finally, DA Davidson cut their price objective on shares of Palantir Technologies from $180.00 to $165.00 and set a "neutral" rating on the stock in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Palantir Technologies has a consensus rating of "Moderate Buy" and an average price target of $194.68.

Palantir Technologies Trading Down 1.6%

Shares of PLTR stock opened at $133.69 on Thursday. Palantir Technologies Inc. has a 1 year low of $107.00 and a 1 year high of $207.52. The firm's fifty day simple moving average is $145.35 and its 200 day simple moving average is $161.88. The firm has a market capitalization of $319.74 billion, a P/E 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 announced its 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. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the previous year, the firm posted $0.13 earnings per share. Palantir Technologies's revenue was up 84.7% compared to the same quarter last year. Equities research analysts anticipate that Palantir Technologies Inc. will post 1.06 EPS for the current fiscal year.

About Palantir Technologies

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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