F m Investments LLC Reduces Stock Holdings in Palantir Technologies Inc. $PLTR

Key Points

• F m Investments LLC cut its Palantir stake sharply in the fourth quarter, selling 41,845 shares and reducing its holdings by 73.4% to 15,195 shares worth about $2.7 million.
• Institutional ownership remains significant, with hedge funds and other institutions still holding 45.65% of Palantir shares. Several firms increased their positions, including Decker Retirement Planning Inc. and Public Sector Pension Investment Board.
• Palantir’s recent results and analyst outlook were mixed but generally positive: the company beat quarterly EPS and revenue estimates, while analysts’ consensus rating remained “Moderate Buy” with a target price of $194.68 despite some bearish valuation concerns.

F m Investments LLC decreased its holdings in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 73.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,195 shares of the company's stock after selling 41,845 shares during the quarter. F m Investments LLC's holdings in Palantir Technologies were worth $2,701,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Decker Retirement Planning Inc. lifted its position in Palantir Technologies by 778.7% during the third quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company's stock valued at $11,187,000 after buying an additional 54,347 shares during the period. Milestone Asset Management LLC lifted its position in Palantir Technologies by 229.5% during the fourth quarter. Milestone Asset Management LLC now owns 60,551 shares of the company's stock valued at $10,763,000 after buying an additional 42,173 shares during the period. GPS Wealth Strategies Group LLC increased its holdings in shares of Palantir Technologies by 26.4% during the third quarter. GPS Wealth Strategies Group LLC now owns 58,548 shares of the company's stock valued at $10,680,000 after acquiring an additional 12,229 shares in the last quarter. VCI Wealth Management LLC increased its holdings in shares of Palantir Technologies by 42.3% during the fourth quarter. VCI Wealth Management LLC now owns 12,187 shares of the company's stock valued at $2,166,000 after acquiring an additional 3,621 shares in the last quarter. Finally, Public Sector Pension Investment Board increased its holdings in shares of Palantir Technologies by 135.3% during the third quarter. Public Sector Pension Investment Board now owns 540,835 shares of the company's stock valued at $98,659,000 after acquiring an additional 310,942 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company's stock.

Analyst Upgrades and Downgrades

PLTR has been the subject of several analyst reports. Northland Securities upgraded Palantir Technologies from a "market perform" rating to an "outperform" rating and set a $190.00 price target for the company in a report on Tuesday, February 3rd. Robert W. Baird upgraded Palantir Technologies from a "neutral" rating to an "outperform" rating and set a $200.00 price target for the company in a report on Tuesday, February 3rd. 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, May 5th. Piper Sandler restated an "overweight" rating and set a $230.00 price target on shares of Palantir Technologies in a report on Tuesday, February 3rd. Finally, Rosenblatt Securities raised their price target on Palantir Technologies from $200.00 to $225.00 and gave the company a "buy" rating in a report on Tuesday, May 5th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Palantir Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $194.68.

Palantir Technologies Stock Performance

NASDAQ PLTR opened at $137.80 on Friday. Palantir Technologies Inc. has a one year low of $114.90 and a one year high of $207.52. The stock has a 50-day moving average of $145.51 and a 200 day moving average of $161.59. The company has a market capitalization of $329.57 billion, a price-to-earnings ratio of 154.83, a PEG ratio of 2.39 and a beta of 1.52.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings data on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping the consensus estimate 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 for the quarter was up 84.7% on a year-over-year basis. During the same period last year, the company earned $0.13 EPS. On average, equities analysts predict that Palantir Technologies Inc. will post 1.18 earnings per share for the current fiscal year.

Palantir Technologies News Summary

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

• Positive Sentiment: Palantir delivered record AI-driven revenue growth, with strong demand from both U.S. commercial customers and government clients, reinforcing the company’s AI growth story. Palantir Delivers Record AI-Driven Growth
• Positive Sentiment: Analysts continue to raise earnings estimates and some have reiterated or upgraded their ratings, suggesting Wall Street still sees upside in Palantir’s long-term growth trajectory. Wall Street Analysts Predict a 40.09% Upside in Palantir Technologies (PLTR): Here's What You Should Know
• Positive Sentiment: Palantir’s new U.S. Army interoperability hackathon partnership adds another credibility boost for its defense business and may support future government revenue. Palantir Joins U.S. Army and Industry Partners for "Right to Integrate" Hackathon Sprint for Defense-wide Interoperability
• Neutral Sentiment: Some commentary argues the stock’s post-earnings pullback is mainly a valuation reset rather than a deterioration in business quality, with investors weighing whether the AI growth rate justifies the premium. Palantir Just Crushed Earnings. So Why Is the Stock Down?
• Neutral Sentiment: Bearish takes from analysts and short-seller-style commentary are adding caution, but these arguments center on valuation and AI hype rather than any sign that Palantir’s business is weakening. Jefferies issues a stark warning for Palantir stock investors
• Negative Sentiment: Several reports say the stock is falling because Palantir’s valuation looks stretched after its huge run, and even strong results may not be enough to keep momentum going near term. Palantir Stock Shudders as Record 85% Growth Hits a Valuation Wall and Michael Burry Bets on a Total Collapse

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 168,004 shares of Palantir Technologies stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $22,465,494.88. Following the sale, the insider owned 642,786 shares of the company's stock, valued at $85,953,343.92. The trade was a 20.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total value of $159,026.56. Following the completion of the sale, the insider directly owned 43,108 shares in the company, valued at approximately $5,564,380.64. The trade was a 2.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,029,479 shares of company stock worth $137,685,797 in the last 90 days. Insiders own 9.53% of the company's stock.

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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