GPS Wealth Strategies Group LLC Has $907,000 Stake in Palantir Technologies Inc. $PLTR

Key Points

• GPS Wealth Strategies Group LLC cut its Palantir stake by 91.3% in the fourth quarter, selling 53,445 shares and ending with 5,103 shares worth about $907,000.
• Palantir continues to draw a mostly bullish analyst view: recent upgrades and reiterated buy ratings include Rosenblatt’s $225 price target, while MarketBeat data shows an average rating of “Moderate Buy” with a target price of $192.76.
• The company’s latest results were strong, with EPS of $0.33 and revenue of $1.63 billion, both ahead of expectations, but the stock still trades at a rich valuation and was down slightly to $136.88 in the article.

GPS Wealth Strategies Group LLC trimmed its stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 91.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,103 shares of the company's stock after selling 53,445 shares during the period. GPS Wealth Strategies Group LLC's holdings in Palantir Technologies were worth $907,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of PLTR. Bare Financial Services Inc increased its holdings in Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company's stock valued at $28,000 after purchasing an additional 55 shares during the period. Morton Brown Family Wealth LLC increased its holdings in Palantir Technologies by 250.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company's stock valued at $31,000 after purchasing an additional 125 shares during the period. Flagship Wealth Advisors LLC acquired a new stake in Palantir Technologies in the third quarter valued at $32,000. United Financial Planning Group LLC acquired a new stake in Palantir Technologies in the third quarter valued at $32,000. Finally, Clayton Financial Group LLC increased its holdings in Palantir Technologies by 500.0% in the fourth quarter. Clayton Financial Group LLC now owns 180 shares of the company's stock valued at $32,000 after purchasing an additional 150 shares during the period. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on PLTR. Rosenblatt Securities restated a "buy" rating and issued a $225.00 price objective on shares of Palantir Technologies in a report on Thursday. Piper Sandler restated an "overweight" rating and issued a $230.00 price objective on shares of Palantir Technologies in a report on Tuesday, February 3rd. Freedom Capital upgraded Palantir Technologies from a "strong sell" rating to a "strong-buy" rating in a report on Friday, February 13th. William Blair upgraded Palantir Technologies from a "market perform" rating to an "outperform" rating in a report on Monday, February 2nd. Finally, Weiss Ratings downgraded Palantir Technologies from a "hold (c+)" rating to a "hold (c)" rating in a report on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, Palantir Technologies presently has an average rating of "Moderate Buy" and an average target price of $192.76.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Several recent pieces continue to highlight Palantir’s strong fundamentals, including rapid revenue growth, elevated margins, and a “Rule of 40” profile that bulls say supports further upside. Article Title
• Positive Sentiment: Rosenblatt reiterated a buy rating and a $225 price target, signaling Wall Street still sees meaningful upside from current levels. Article Title
• Positive Sentiment: Some commentary argues the recent pullback could be a buying opportunity, with analysts pointing to Palantir’s strong execution and long-term AI positioning. Article Title
• Neutral Sentiment: The stock is trending heavily in retail and media circles, which can keep attention high but does not by itself change the business outlook. Article Title
• Neutral Sentiment: Palantir continues to attract comparisons with other AI names like Nvidia and Innodata, underscoring its status as a high-profile AI stock rather than delivering a fresh company-specific catalyst. Article Title
• Negative Sentiment: Cantor Fitzgerald kept a neutral stance and said Palantir’s AI opportunity is real, but the valuation still looks too rich, reinforcing a key bear case. Article Title
• Negative Sentiment: News that Palantir is challenging the Defense Intelligence Agency over an analytics contract, along with a separate blocked U.K. police deal, adds uncertainty around government revenue opportunities. Article Title
• Negative Sentiment: Recent articles also note the stock remains well below its highs and that even bullish investors acknowledge it may need much more growth to justify today’s price. Article Title

Palantir Technologies Trading Down 0.4%

Shares of PLTR opened at $136.88 on Friday. The stock has a market capitalization of $328.14 billion, a P/E ratio of 153.80, a price-to-earnings-growth ratio of 2.18 and a beta of 1.52. The firm's fifty day simple moving average is $142.88 and its two-hundred day simple moving average is $157.76. Palantir Technologies Inc. has a 12 month low of $118.93 and a 12 month 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 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.05. The business had revenue of $1.63 billion for the quarter, compared to analysts' expectations of $1.54 billion. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The business's quarterly revenue was up 84.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.13 earnings per share. As a group, research analysts predict that Palantir Technologies Inc. will post 1.18 EPS for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In other news, insider Alexander C. Karp sold 397,744 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $54,109,093.76. Following the transaction, the insider owned 6,432,258 shares of the company's stock, valued at $875,044,378.32. This represents a 5.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ryan D. Taylor sold 19,662 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $2,674,818.48. Following the transaction, the insider directly owned 199,759 shares in the company, valued at $27,175,214.36. This trade represents a 8.96% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 923,756 shares of company stock valued at $125,660,329. 9.53% of the stock is owned by corporate insiders.

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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