Harel Insurance Investments & Financial Services Ltd. Purchases 6,432 Shares of Palantir Technologies Inc. $PLTR

Key Points

• Harel Insurance boosted its Palantir position by 22.6%, buying 6,432 shares to hold 34,922 shares worth about $6.21 million at the end of the quarter.
• Blowout Q1 but volatile reaction: Palantir beat estimates with $1.63B revenue (≈+85% YoY) and $0.33 EPS, raised FY guidance and showed strong margins/Rule of 40, yet the stock fell and analysts remain divided with a consensus “Moderate Buy” and $194.25 target.
• Significant insider selling: CEO Alexander Karp sold 493,025 shares and insiders have sold about 1,029,479 shares (~$137.7M) in the last three months, reducing insider ownership materially.

Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 22.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,922 shares of the company's stock after buying an additional 6,432 shares during the period. Harel Insurance Investments & Financial Services Ltd.'s holdings in Palantir Technologies were worth $6,207,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of PLTR. Bare Financial Services Inc raised its stake in Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company's stock worth $28,000 after buying an additional 55 shares during the last quarter. Morton Brown Family Wealth LLC raised its stake in Palantir Technologies by 250.0% during the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company's stock worth $31,000 after buying an additional 125 shares during the last quarter. Flagship Wealth Advisors LLC bought a new position in Palantir Technologies during the third quarter worth $32,000. United Financial Planning Group LLC bought a new position in Palantir Technologies during the third quarter worth $32,000. Finally, Clayton Financial Group LLC raised its stake in Palantir Technologies by 500.0% during the fourth quarter. Clayton Financial Group LLC now owns 180 shares of the company's stock worth $32,000 after buying an additional 150 shares during the last quarter. Institutional investors own 45.65% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on PLTR shares. UBS Group raised their price target on shares of Palantir Technologies from $180.00 to $200.00 and gave the stock a "buy" rating in a report on Wednesday, March 18th. Argus upgraded shares of Palantir Technologies to a "hold" rating in a report on Monday, February 9th. Mizuho reduced their price target on shares of Palantir Technologies from $195.00 to $185.00 and set an "outperform" rating for the company in a report on Tuesday, April 14th. Citigroup reduced their price target on shares of Palantir Technologies from $260.00 to $210.00 and set a "buy" rating for the company in a report on Tuesday, April 28th. Finally, Royal Bank Of Canada restated an "underperform" rating and issued a $90.00 price target on shares of Palantir Technologies in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $194.25.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Blowout Q1 results and higher guidance — revenue jumped ~85% and Palantir raised FY guidance after the quarter, demonstrating strong demand (especially U.S.). Palantir Reports Q1 2026 — Business Wire
• Positive Sentiment: Margins, cash flow and Rule of 40 look excellent — analysts note accelerating profitability and a very strong Rule of 40 score, which supports a longer‑term growth + efficiency narrative. Palantir Tops Q1 Estimates — Benzinga
• Positive Sentiment: Bullish analyst actions — several firms raised targets or reiterated conviction (Rosenblatt raised its PT to $225; Wedbush and Oppenheimer remain constructive). Rosenblatt Raises PT to $225 — 247WallSt
• Neutral Sentiment: Wall Street is split — coverage shows a wide dispersion of views and targets, so near‑term headline moves may be driven more by positioning than fundamentals. Analysts Split After Q1 — TipRanks
• Neutral Sentiment: Options and traders priced for a big swing around earnings — elevated implied volatility suggests traders expected a larger immediate move than what materialized. Options Data Ahead Of Earnings — Barchart
• Negative Sentiment: Shares fell despite the beat — investors cited an extreme valuation multiple and concerns that parts of commercial revenue lagged expectations, leaving little room for disappointment. Stock Tumbles Despite Beats — Yahoo Finance
• Negative Sentiment: Analyst downgrades and target trims — some firms (e.g., HSBC/other shops) trimmed targets or moved to Hold, citing valuation and moat concerns. Is Palantir Losing Its Moat? — Yahoo Finance
• Negative Sentiment: Notable short interest and high‑profile critics — Michael Burry publicly opened a short position on PLTR, which adds selling pressure and headlines. Michael Burry Shorts Palantir — Business Insider

Palantir Technologies Trading Down 6.9%

Palantir Technologies stock opened at $135.91 on Wednesday. Palantir Technologies Inc. has a 1-year low of $105.32 and a 1-year high of $207.52. The firm has a market capitalization of $325.06 billion, a price-to-earnings ratio of 152.71, a price-to-earnings-growth ratio of 2.73 and a beta of 1.52. The firm's fifty day moving average price is $145.29 and its two-hundred day moving average price is $162.19.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings data on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.05. Palantir Technologies had a net margin of 43.67% and a return on equity of 30.26%. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same period last year, the firm earned $0.13 earnings per share. The business's quarterly revenue was up 84.7% compared to the same quarter last year. On average, research analysts forecast that Palantir Technologies Inc. will post 1.05 EPS for the current year.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Alexander C. Karp sold 493,025 shares of the firm's stock in a transaction on Friday, February 20th. The shares were 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. This trade represents a 7.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider David A. Glazer sold 17,438 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the completion of the sale, the insider owned 392,370 shares of the company's stock, valued at approximately $52,467,716.40. This represents a 4.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,029,479 shares of company stock valued at $137,685,797. Corporate 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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