Palantir Technologies Inc. $PLTR Shares Bought by Telligent Fund LP

Key Points

• Telligent Fund LP increased its Palantir stake by 33.3% in the fourth quarter, buying 4,000 more shares and bringing its total to 16,000 shares worth about $2.84 million.
• Palantir reported strong quarterly results, with revenue up 84.7% year over year to $1.63 billion and earnings per share of $0.33, beating analyst expectations on both revenue and profit.
• The stock remains a highly watched and debated name: analysts have a consensus “Moderate Buy” rating with a $192.76 average target, while some recent commentary warns that Palantir’s valuation is rich and competition from AI leaders could pressure future growth.

Telligent Fund LP grew its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 33.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,000 shares of the company's stock after purchasing an additional 4,000 shares during the period. Palantir Technologies makes up about 3.2% of Telligent Fund LP's holdings, making the stock its 15th biggest position. Telligent Fund LP's holdings in Palantir Technologies were worth $2,844,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. National Pension Service grew its holdings in Palantir Technologies by 6.9% during the fourth quarter. National Pension Service now owns 4,783,713 shares of the company's stock worth $850,305,000 after acquiring an additional 308,538 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new position in Palantir Technologies during the fourth quarter worth about $2,514,000. Basepoint Wealth LLC acquired a new position in Palantir Technologies during the fourth quarter worth about $29,000. Garde Capital Inc. grew its position in Palantir Technologies by 537.8% during the fourth quarter. Garde Capital Inc. now owns 28,256 shares of the company's stock worth $5,023,000 after buying an additional 23,826 shares during the period. Finally, Rothschild Investment LLC grew its position in Palantir Technologies by 6.3% during the fourth quarter. Rothschild Investment LLC now owns 23,231 shares of the company's stock worth $4,129,000 after buying an additional 1,385 shares during the period. Institutional investors and hedge funds own 45.65% of the company's stock.

Key Palantir Technologies News

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

• Positive Sentiment: Several recent pieces argue Palantir’s growth is still exceptional, pointing to its strong quarterly revenue surge, expanding U.S. commercial business, and high Rule of 40-style performance as signs the company is “breaking software economics.” Palantir Is Starting To Break Software Economics
• Positive Sentiment: Palantir’s stock has been featured in multiple bullish “why it’s soaring” and “best growth stock” writeups, reinforcing investor optimism that the recent pullback may have created an attractive rebound setup. Why Palantir Stock Is Soaring Today
• Positive Sentiment: Thomas Cavanagh Construction extended its partnership with Palantir through 2035, signaling recurring commercial demand for Foundry and supporting the company’s long-duration enterprise revenue story. Thomas Cavanagh Construction Limited Extends Strategic Partnership with Palantir Technologies Through December 31, 2035
• Neutral Sentiment: Several valuation-focused articles compare PLTR with other software names and debate whether the stock is expensive, which may keep attention high but does not clearly change the fundamentals narrative. Palantir vs. Oracle in 2026. Which One Is the Better Buy Right Now?
• Neutral Sentiment: Other commentary focuses on Palantir’s high P/E and debate over whether current optimism is justified, suggesting volatility may stay elevated even if the long-term thesis remains intact. ‘This Can’t Be Justified,’ Says Investor About Palantir Stock
• Negative Sentiment: Some recent analysis warns that competition from AI model leaders like OpenAI and Anthropic could pressure Palantir’s position in the software stack, creating a potential headwind for future growth expectations. Palantir: OpenAI And Anthropic Just Became The Biggest Problem

Palantir Technologies Price Performance

Shares of PLTR opened at $143.34 on Friday. The firm has a 50 day simple moving average of $141.62 and a 200-day simple moving average of $156.13. Palantir Technologies Inc. has a 1-year low of $118.93 and a 1-year high of $207.52. The stock has a market cap of $343.63 billion, a price-to-earnings ratio of 161.06, a price-to-earnings-growth ratio of 2.10 and a beta of 1.52.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.28 by $0.05. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The business had revenue of $1.63 billion during the quarter, compared to analysts' expectations of $1.54 billion. During the same period last year, the company posted $0.13 EPS. The company's revenue was up 84.7% on a year-over-year basis. On average, equities analysts expect that Palantir Technologies Inc. will post 1.18 earnings per share for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In related news, insider Alexander C. Karp sold 397,744 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $54,109,093.76. Following the sale, the insider owned 6,432,258 shares of the company's stock, valued at $875,044,378.32. This trade represents a 5.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Stephen Andrew Cohen sold 319,934 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $43,523,821.36. Following the sale, the insider directly owned 592 shares in the company, valued at approximately $80,535.68. The trade was a 99.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 922,524 shares of company stock valued at $125,501,302. 9.53% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on PLTR shares. Zacks Research upgraded shares of Palantir Technologies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 7th. Piper Sandler reissued an "overweight" rating and issued a $230.00 target price on shares of Palantir Technologies in a report on Tuesday, February 3rd. Argus raised Palantir Technologies from a "hold" rating to a "buy" rating and set a $190.00 target price on the stock in a report on Wednesday, May 6th. William Blair raised Palantir Technologies from a "market perform" rating to an "outperform" rating in a report on Monday, February 2nd. Finally, Citigroup upped their target price on Palantir Technologies from $210.00 to $225.00 and gave the company a "buy" rating in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Palantir Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $192.76.

Palantir Technologies 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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