Oak Ridge Investments LLC Acquires 6,528 Shares of Palantir Technologies Inc. $PLTR

Key Points

• Oak Ridge Investments LLC raised its Palantir stake by 7.9%, buying 6,528 shares to hold 89,659 shares worth about $15.94 million, making PLTR 1.0% of its portfolio and its 17th-largest position.
• Heavy insider selling occurred last quarter (1,029,879 shares worth $137.7M), leaving insiders with 9.23% ownership while institutional investors hold 45.65% of the stock.
• Near-term catalysts and sentiment are mixed: Palantir set Q1 2026 earnings for May 4, the consensus rating is "Moderate Buy" with an average target of $197.32, but the stock trades at a high P/E (~210)

Oak Ridge Investments LLC raised its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 7.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 89,659 shares of the company's stock after purchasing an additional 6,528 shares during the period. Palantir Technologies accounts for 1.0% of Oak Ridge Investments LLC's portfolio, making the stock its 17th largest position. Oak Ridge Investments LLC's holdings in Palantir Technologies were worth $15,937,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Occidental Asset Management LLC increased its stake in shares of Palantir Technologies by 2.8% during the third quarter. Occidental Asset Management LLC now owns 1,964 shares of the company's stock valued at $358,000 after purchasing an additional 53 shares in the last quarter. Gallacher Capital Management LLC increased its stake in shares of Palantir Technologies by 2.2% during the third quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company's stock valued at $447,000 after purchasing an additional 53 shares in the last quarter. Bare Financial Services Inc lifted its stake 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 buying an additional 55 shares in the last quarter. Lionshead Wealth Management LLC lifted its stake in shares of Palantir Technologies by 0.4% in the third quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company's stock worth $2,395,000 after buying an additional 56 shares in the last quarter. Finally, Ellenbecker Investment Group lifted its stake in shares of Palantir Technologies by 3.6% in the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company's stock worth $295,000 after buying an additional 57 shares in the last quarter. Institutional investors own 45.65% of the company's stock.

More Palantir Technologies News

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

• Positive Sentiment: Cathie Wood/ARK Invest purchased shares (roughly $11M), signaling institutional conviction and helping lift demand for PLTR. Cathie Wood Buys the Dip in Palantir After Brutal Sell-off
• Positive Sentiment: Public endorsement from former President Trump raised visibility and gave short‑term momentum to the stock as voters/defense investors take notice. Palantir stock rebounds as Cathie Wood buys, Trump backs AI firm
• Positive Sentiment: Analysts at Wedbush reiterated an upbeat view, urging investors to ignore “Anthropic panic” and highlighting Palantir’s AI moat and defense exposure. Ignore the Anthropic Panic and Keep Buying Palantir Stock, Says Wedbush
• Positive Sentiment: Palantir’s AIP product is driving outsized revenue growth and opening new commercial customers — a core fundamental justification for the stock’s premium multiple. Palantir's AIP Is Its Secret Growth Weapon. But Is the Stock a Buy?
• Neutral Sentiment: Palantir scheduled its Q1 2026 earnings release for May 4 (post‑market) — a near‑term catalyst that could validate growth vs. valuation concerns. Palantir Announces Date of First Quarter 2026 Earnings Release and Webcast
• Neutral Sentiment: Pre‑earnings coverage and “what to expect” pieces are reminding investors that analysts forecast strong profit beats, but the stock’s high multiple leaves little margin for disappointment. Here's What to Expect From Palantir's Next Earnings Report
• Negative Sentiment: Michael Burry reiterated bearish views, arguing Anthropic is outcompeting Palantir and calling Anthropic a serious threat — comments that amplify fear of competitive disruption in AI. Billionaire Michael Burry: Anthropic Is a Serious Threat to Palantir Stock
• Negative Sentiment: Burry’s continued short position and other critical voices (including some downgrades and high‑valuation warnings) keep downside risk elevated if growth slows or AIP monetization disappoints. Michael Burry is still shorting Palantir — and says Anthropic is the bigger AI winner
• Negative Sentiment: Some outlets and analysts warn the stock remains richly valued and vulnerable — recent downgrades and the stock’s pullback to multi‑month lows underscore that risk. Marriott Upgraded, Palantir Downgraded: Updated Rankings on Top Blue-Chip Stocks

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on PLTR shares. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $200.00 target price on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Argus upgraded shares of Palantir Technologies to a "hold" rating in a research note on Monday, February 9th. Phillip Securities dropped their target price on shares of Palantir Technologies from $208.00 to $190.00 and set a "buy" rating on the stock in a research note on Wednesday, April 1st. UBS Group upped their target price on shares of Palantir Technologies from $180.00 to $200.00 and gave the stock a "buy" rating in a research note on Wednesday, March 18th. Finally, Robert W. Baird upgraded shares of Palantir Technologies from a "neutral" rating to an "outperform" rating and set a $200.00 target price on the stock in a research note on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $197.32.

Insider Activity at Palantir Technologies

In related news, insider Ryan D. Taylor sold 19,988 shares of the 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 $2,672,795.36. Following the transaction, the insider owned 219,421 shares in the company, valued at $29,340,976.12. This represents a 8.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider David A. Glazer sold 17,438 shares of the 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 owned 392,370 shares in the company, valued at approximately $52,467,716.40. This trade represents a 4.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,029,879 shares of company stock valued at $137,746,253 over the last quarter. 9.23% of the stock is owned by company insiders.

Palantir Technologies Stock Up 3.4%

Shares of Palantir Technologies stock opened at $132.37 on Tuesday. The company has a market cap of $316.59 billion, a price-to-earnings ratio of 210.11, a price-to-earnings-growth ratio of 2.54 and a beta of 1.68. The company's 50 day moving average is $143.65 and its 200 day moving average is $165.95. Palantir Technologies Inc. has a twelve month low of $89.31 and a twelve month high of $207.52.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The firm's revenue for the quarter was up 70.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.14 earnings per share. Sell-side analysts expect that Palantir Technologies Inc. will post 0.31 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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