QRG Capital Management Inc. Has $62.60 Million Holdings in Palantir Technologies Inc. $PLTR

Key Points

• QRG Capital Management increased its Palantir stake 4.6% to 352,178 shares valued at approximately $62.6 million, making PLTR its 20th-largest holding.
• Palantir beat Q1 estimates with $0.33 EPS (vs. $0.28) and $1.63B revenue (up 84.7% YoY), and raised FY2026 revenue guidance after U.S. commercial revenue more than doubled.
• Company insiders have sold about 1,029,479 shares worth roughly $137.7 million in the past three months, even as analysts show a consensus "Moderate Buy" with a $192.17 target.

QRG Capital Management Inc. grew its position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 4.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 352,178 shares of the company's stock after purchasing an additional 15,440 shares during the period. Palantir Technologies comprises about 0.7% of QRG Capital Management Inc.'s holdings, making the stock its 20th largest position. QRG Capital Management Inc.'s holdings in Palantir Technologies were worth $62,600,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of PLTR. Bare Financial Services Inc increased its position in Palantir Technologies by 54.5% in the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company's stock worth $28,000 after purchasing an additional 55 shares during the last quarter. Financial Consulate Inc. acquired a new position in Palantir Technologies in the 3rd quarter worth about $30,000. Morton Brown Family Wealth LLC increased its position in Palantir Technologies by 250.0% in the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company's stock worth $31,000 after purchasing an additional 125 shares during the last quarter. Flagship Wealth Advisors LLC acquired a new position in Palantir Technologies in the 3rd quarter worth about $32,000. Finally, United Financial Planning Group LLC acquired a new position in Palantir Technologies in the 3rd quarter worth about $32,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies Trading Up 1.4%

Shares of NASDAQ:PLTR opened at $146.03 on Tuesday. 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 $349.26 billion, a PE ratio of 231.80, a PEG ratio of 2.69 and a beta of 1.52. The business's 50 day moving average is $145.27 and its 200-day moving average is $162.50.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its quarterly earnings data 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 return on equity of 23.81% and a net margin of 36.31%.The company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter last year, the firm earned $0.13 EPS. Palantir Technologies's revenue for the quarter was up 84.7% compared to the same quarter last year. On average, sell-side analysts predict that Palantir Technologies Inc. will post 1.05 EPS for the current year.

Wall Street Analyst Weigh In

PLTR has been the topic of a number of analyst reports. UBS Group increased their price objective on Palantir Technologies from $180.00 to $200.00 and gave the company a "buy" rating in a report on Wednesday, March 18th. William Blair raised Palantir Technologies from a "market perform" rating to an "outperform" rating in a report on Monday, February 2nd. DA Davidson reissued a "neutral" rating and set a $180.00 price objective on shares of Palantir Technologies in a report on Thursday, April 16th. Argus raised Palantir Technologies to a "hold" rating in a report on Monday, February 9th. Finally, Jefferies Financial Group set a $208.00 price objective on Palantir Technologies in a report on Thursday, January 22nd. 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. Based on data from MarketBeat, Palantir Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $192.17.

Insider Activity at Palantir Technologies

In other news, insider Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total transaction of $159,026.56. Following the sale, the insider owned 43,108 shares of the company's stock, valued at approximately $5,564,380.64. This trade represents a 2.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shyam Sankar sold 168,004 shares of Palantir Technologies stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $22,465,494.88. Following the sale, the insider directly owned 642,786 shares in the company, valued at $85,953,343.92. The trade was a 20.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,029,479 shares of company stock worth $137,685,797 in the last three months. Company insiders own 9.53% of the company's stock.

Palantir Technologies News Roundup

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

• Positive Sentiment: Q1 beat-and-raise: Palantir posted stronger-than-expected results (Q1 revenue ~$1.63B; EPS beat) and raised FY 2026 revenue guidance, signaling durable demand and turning expectations higher. Palantir Reports Q1 2026 — Business Wire
• Positive Sentiment: U.S. commercial acceleration: Management said U.S. commercial revenue more than doubled and the CEO described the U.S. business as “erupting,” which supports the raised guidance and implies strong secular AI-driven demand. Palantir Boosts Outlook — Investopedia
• Positive Sentiment: Margin and growth quality: Palantir’s Rule of 40 jumped to a record level (reported ~145%), indicating rare revenue growth combined with margin expansion — a bullish operational signal. Rule of 40 Hits 145% — Seeking Alpha
• Positive Sentiment: High‑profile endorsement: Prominent commentators (e.g., Jim Cramer) are highlighting Palantir as a long‑term AI play, which can support retail interest and momentum. Jim Cramer on Palantir — InsiderMonkey
• Neutral Sentiment: Volatility expected: Options and prediction markets priced a large post‑earnings swing, so short‑term moves may be amplified even after the beat. Options Traders Expect Big Swing — TipRanks
• Neutral Sentiment: Macro and headline risk: Broader market weakness (geopolitical tensions) is keeping trading choppy; Palantir can both benefit from defense/government demand and be dragged by risk‑off flows. Market Context — Investor's Business Daily
• Negative Sentiment: Valuation and competition concerns: Some analysts warn the stock is richly valued and competitors (new enterprise AI entrants) could pressure long‑term TAM growth; that viewpoint could cap multiple expansion. Market Size Limits — Seeking Alpha
• Negative Sentiment: Mixed analyst reactions and insider sales: Despite the beat, a few shops issued cautious notes or downgrades and filings show substantial insider selling activity — potential near‑term headwinds for sentiment. Analyst Downgrades — Invezz Insider Selling & Financials — QuiverQuant

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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