LaFleur & Godfrey LLC Reduces Stock Position in Palantir Technologies Inc. $PLTR

Key Points

• LaFleur & Godfrey LLC reduced its Palantir stake by 4.5%, selling 5,862 shares to hold 123,213 shares worth about $21.9M, roughly 2.7% of the firm's portfolio and its ninth-largest position.
• Palantir delivered a blowout Q1—$1.63B revenue (≈+84.7% YoY), $0.33 EPS beat and raised FY revenue guidance—but the stock fell and analyst views remain split despite some raised price targets.
• Insider selling has been heavy, with over 1.03M shares (~$137.7M) sold in the past 90 days, while institutional ownership is about 45.65%, increasing headline and sentiment risk.

LaFleur & Godfrey LLC decreased its position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 4.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 123,213 shares of the company's stock after selling 5,862 shares during the quarter. Palantir Technologies comprises approximately 2.7% of LaFleur & Godfrey LLC's holdings, making the stock its 9th largest position. LaFleur & Godfrey LLC's holdings in Palantir Technologies were worth $21,901,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Indivisible Partners bought a new stake in Palantir Technologies in the fourth quarter worth about $12,041,000. RFG Advisory LLC boosted its position in shares of Palantir Technologies by 1.7% during the 4th quarter. RFG Advisory LLC now owns 25,505 shares of the company's stock valued at $4,533,000 after purchasing an additional 429 shares in the last quarter. Swedbank AB boosted its position in shares of Palantir Technologies by 119.5% during the 4th quarter. Swedbank AB now owns 2,089,646 shares of the company's stock valued at $371,435,000 after purchasing an additional 1,137,845 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Palantir Technologies by 5.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 5,047,819 shares of the company's stock worth $847,327,000 after purchasing an additional 272,068 shares during the last quarter. Finally, BOKF NA grew its stake in shares of Palantir Technologies by 31.7% in the 4th quarter. BOKF NA now owns 62,703 shares of the company's stock worth $11,145,000 after purchasing an additional 15,098 shares during the last quarter. Institutional investors own 45.65% of the company's stock.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Blowout Q1 and upgraded guidance — Palantir reported $1.63B revenue (≈+85% YoY), EPS above estimates and raised FY revenue guidance; the quarter showed strong U.S. demand and margin expansion. Read More.
• Positive Sentiment: Official beat-and-raise release and rule‑of‑40 strength — company presentation highlights record growth, large operating leverage and cash generation that support a longer‑term growth/margin story. Read More.
• Neutral Sentiment: Analyst split — some firms hiked price targets (Rosenblatt, Wedbush) while others trimmed or voiced caution; consensus is mixed and revisions will drive near‑term volatility. Read More.
• Negative Sentiment: Market punished the stock despite the beat — investors cited sky‑high multiples and concerns that parts of the commercial business lagged expectations, leading to a sell‑off. Read More.
• Negative Sentiment: Management capacity/prioritization risk — CEO Alex Karp said Palantir will prioritize U.S. warfighters over some commercial clients, which investors worry could cap near‑term commercial upside. Read More.
• Negative Sentiment: Short interest and headline risk — prominent investor Michael Burry publicly flagged a short on PLTR and media flagged heavy insider selling, adding pressure to sentiment. Read More. · Read More.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Northland Securities raised shares of Palantir Technologies from a "market perform" rating to an "outperform" rating and set a $190.00 target price for the company in a research note on Tuesday, February 3rd. Truist Financial initiated coverage on shares of Palantir Technologies in a research report on Tuesday, January 6th. They issued a "buy" rating and a $223.00 price target on the stock. HSBC cut Palantir Technologies from a "buy" rating to a "hold" rating and dropped their price target for the company from $205.00 to $151.00 in a report on Friday, May 1st. Wedbush reiterated an "outperform" rating and set a $230.00 price objective on shares of Palantir Technologies in a research report on Tuesday. Finally, DA Davidson reduced their price objective on Palantir Technologies from $180.00 to $165.00 and set a "neutral" rating for the company in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Palantir Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $194.25.

Palantir Technologies Trading Down 6.9%

PLTR stock opened at $135.91 on Wednesday. Palantir Technologies Inc. has a one year low of $105.32 and a one year high of $207.52. The firm has a 50-day moving average of $145.29 and a two-hundred day moving average of $162.19. The firm has a market capitalization of $325.06 billion, a PE ratio of 152.71, a P/E/G ratio of 2.73 and a beta of 1.52.

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

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider David A. Glazer sold 17,438 shares of Palantir Technologies stock in a transaction that occurred on 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 transaction, the insider directly owned 392,370 shares in the company, valued at approximately $52,467,716.40. The trade was a 4.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Shyam Sankar sold 168,004 shares of the business's stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the sale, the insider directly owned 642,786 shares in the company, valued at approximately $85,953,343.92. This trade represents a 20.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,029,479 shares of company stock worth $137,685,797. 9.53% of the stock is currently owned by insiders.

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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