STF Management LP Has $2.27 Million Stake in Palantir Technologies Inc. $PLTR

Key Points

• STF Management LP cut its Palantir stake by 60.8% in the fourth quarter, selling 19,772 shares and leaving it with 12,774 shares worth about $2.27 million. Palantir now accounts for 2.1% of the fund’s portfolio.
• Palantir reported strong quarterly results, beating expectations with EPS of $0.33 on revenue of $1.63 billion. Revenue jumped 84.7% year over year, reinforcing bullish views tied to its AI and government software growth.
• Despite the growth, valuation concerns remain as the stock trades at a high P/E ratio and below its recent highs. Some analysts stay positive, but insider selling and mixed investor sentiment have added pressure on the shares.

STF Management LP lessened its stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 60.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,774 shares of the company's stock after selling 19,772 shares during the period. Palantir Technologies comprises 2.1% of STF Management LP's portfolio, making the stock its 10th biggest holding. STF Management LP's holdings in Palantir Technologies were worth $2,271,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. 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 valued at $28,000 after buying an additional 55 shares during the period. Morton Brown Family Wealth LLC lifted its position in Palantir Technologies by 250.0% in the fourth 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 period. Flagship Wealth Advisors LLC bought a new position in Palantir Technologies in the third quarter worth $32,000. United Financial Planning Group LLC bought a new position in Palantir Technologies in the third quarter worth $32,000. Finally, Clayton Financial Group LLC lifted its position in Palantir Technologies by 500.0% in the fourth quarter. Clayton Financial Group LLC now owns 180 shares of the company's stock worth $32,000 after purchasing an additional 150 shares during the period. Institutional investors own 45.65% of the company's stock.

Palantir Technologies News Summary

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

• Positive Sentiment: Wall Street commentary remains constructive after Palantir’s strong quarterly results, with one brokerage lifting its price target to $230 and keeping a Buy rating, citing the company’s powerful revenue growth and AI momentum. Freedom Broker Lifts Palantir (PLTR) Price Target After Strong Results
• Positive Sentiment: Palantir-linked defense and autonomy demand continues to show up in partner results, as Ondas reported explosive revenue growth and raised guidance, highlighting broader commercial and defense adoption of Palantir-powered technology. Palantir-Backed Ondas Stock Soars. Autonomous Drone Company Sees Revenue Grow 1,065%.
• Positive Sentiment: Several bullish articles argue the recent pullback could be a buying opportunity, with analysts and commentators pointing to Palantir’s rapid revenue growth, rising analyst targets, and long runway in AI and government software. Palantir's Critics Are "Right"—But They're Also Still Wrong
• Neutral Sentiment: Media coverage of President Trump’s purchases and public comments on Palantir has increased attention on the stock, but this is more of a sentiment driver than a direct business catalyst. Trump touted Palantir on Truth Social after buying the company's stock, records show
• Neutral Sentiment: Long-form outlook pieces and “stock price in 2030” predictions are keeping Palantir in the spotlight, but they do not materially change the near-term fundamental picture. This Will Be Palantir Technologies Stock Price in 2030
• Negative Sentiment: Bearish commentary continues to focus on valuation, with some investors arguing Palantir’s premium is too high even after exceptional growth, which may be contributing to the stock’s weakness. Where Will Palantir Stock Be in 5 Years?
• Negative Sentiment: Additional reports note that Palantir is still trading well below recent highs after a strong run, with investors rotating away from software names and some insiders reportedly selling more than buying. Retail traders are trimming holdings of longtime AI favorite Palantir in a pivot from software stocks

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR opened at $133.99 on Friday. The stock has a market cap of $321.22 billion, a PE ratio of 150.55, a PEG ratio of 2.13 and a beta of 1.52. The business has a fifty day moving average of $144.62 and a two-hundred day moving average of $159.79. Palantir Technologies Inc. has a 52-week low of $118.93 and a 52-week high of $207.52.

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 (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.05. The company had revenue of $1.63 billion during the quarter, compared to analysts' expectations of $1.54 billion. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The business's revenue was up 84.7% on a year-over-year basis. During the same period last year, the business earned $0.13 earnings per share. Analysts predict that Palantir Technologies Inc. will post 1.18 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Alexander C. Karp sold 493,025 shares of Palantir Technologies stock in a transaction that occurred 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 completion of the transaction, the insider owned 6,432,258 shares in the company, valued at approximately $860,507,475.24. The trade was a 7.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 completion of the transaction, the insider owned 392,370 shares of the company's stock, valued at $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 a total of 1,029,479 shares of company stock valued at $137,685,797 in the last ninety days. 9.53% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on PLTR. Oppenheimer began coverage on Palantir Technologies in a research report on Thursday, April 30th. They issued an "outperform" rating and a $200.00 target price for the company. Loop Capital reduced their target price on Palantir Technologies from $230.00 to $220.00 and set a "buy" rating for the company in a research report on Friday, January 30th. Benchmark started coverage on shares of Palantir Technologies in a research note on Wednesday, April 1st. They set a "hold" rating for the company. Cantor Fitzgerald restated a "neutral" rating on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Finally, Rosenblatt Securities raised their price target on shares of Palantir Technologies from $200.00 to $225.00 and gave the stock a "buy" rating in a research note on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $195.16.

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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