Swedbank AB Acquires 1,137,845 Shares of Palantir Technologies Inc. $PLTR

Key Points

• Swedbank AB increased its Palantir stake by 119.5% in Q4, buying 1,137,845 shares to own 2,089,646 shares valued at roughly $371.4 million (about 0.09% of PLTR).
• Palantir posted a blowout Q1 — $1.63B revenue (≈+85% YoY) and $0.33 EPS with raised FY guidance — yet the stock fell amid valuation worries, mixed analyst reactions, heavy insider selling and notable short interest.

Swedbank AB grew its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 119.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,089,646 shares of the company's stock after buying an additional 1,137,845 shares during the period. Swedbank AB owned 0.09% of Palantir Technologies worth $371,435,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of PLTR. Revolve Wealth Partners LLC bought a new stake in shares of Palantir Technologies during the 4th quarter valued at $450,000. Bison Wealth LLC boosted its stake in Palantir Technologies by 37.4% in the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company's stock worth $1,296,000 after purchasing an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC boosted its stake in Palantir Technologies by 38.0% in the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company's stock worth $1,447,000 after purchasing an additional 4,722 shares in the last quarter. Schnieders Capital Management LLC. boosted its stake in Palantir Technologies by 36.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company's stock worth $858,000 after purchasing an additional 1,694 shares in the last quarter. Finally, Vivaldi Capital Management LP bought a new position in Palantir Technologies in the 2nd quarter worth about $315,000. Institutional investors own 45.65% of the company's stock.

Palantir Technologies News Roundup

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.

Wall Street Analysts Forecast Growth

PLTR has been the topic of a number of analyst reports. Rosenblatt Securities upped 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. Piper Sandler reiterated an "overweight" rating and issued a $230.00 price target on shares of Palantir Technologies in a research note on Tuesday, February 3rd. DA Davidson dropped their price target on shares of Palantir Technologies from $180.00 to $165.00 and set a "neutral" rating on the stock in a research note on Tuesday. Benchmark initiated coverage on shares of Palantir Technologies in a research note on Wednesday, April 1st. They issued a "hold" rating on the stock. Finally, Freedom Capital upgraded shares of Palantir Technologies from a "strong sell" rating to a "strong-buy" rating in a research note on Friday, February 13th. 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $194.25.

Insider Activity

In other news, insider Jeffrey Buckley sold 1,232 shares of the company's stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $129.08, for a total transaction of $159,026.56. Following the completion of the sale, the insider owned 43,108 shares of the company's stock, valued at $5,564,380.64. This represents a 2.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Shyam Sankar sold 168,004 shares of the company's stock in a transaction dated 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 of the company's stock, 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. Over the last ninety days, insiders have sold 1,029,479 shares of company stock worth $137,685,797. Company insiders own 9.53% of the company's stock.

Palantir Technologies Stock Performance

PLTR opened at $135.91 on Wednesday. Palantir Technologies Inc. has a 52-week low of $105.32 and a 52-week high of $207.52. The stock has a market capitalization of $325.06 billion, a P/E ratio of 152.71, a P/E/G ratio of 2.73 and a beta of 1.52. The company's 50-day simple moving average is $145.29 and its two-hundred day simple moving average is $162.19.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings results on Monday, May 4th. The company reported $0.33 EPS for the quarter, beating 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 firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the prior year, the firm earned $0.13 EPS. The business's revenue for the quarter was up 84.7% compared to the same quarter last year. Research analysts forecast that Palantir Technologies Inc. will post 1.05 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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