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

Telligent Fund LP raised its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 33.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,000 shares of the company’s stock after purchasing an additional 4,000 shares during the quarter. Palantir Technologies comprises approximately 3.2% of Telligent Fund LP’s holdings, making the stock its 15th biggest holding. Telligent Fund LP’s holdings in Palantir Technologies were worth $2,844,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in PLTR. Bare Financial Services Inc lifted its stake in shares of Palantir Technologies by 54.5% in the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after purchasing an additional 55 shares in the last quarter. Basepoint Wealth LLC acquired a new position in shares of Palantir Technologies in the 4th quarter valued at about $29,000. Morton Brown Family Wealth LLC lifted its stake in shares of Palantir Technologies by 250.0% in the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock valued at $31,000 after purchasing an additional 125 shares in the last quarter. United Financial Planning Group LLC acquired a new position in shares of Palantir Technologies in the 3rd quarter valued at about $32,000. Finally, Clayton Financial Group LLC lifted its stake in shares of Palantir Technologies by 500.0% in the 4th quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock valued at $32,000 after purchasing an additional 150 shares in the last quarter. Institutional investors and hedge funds 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: 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

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider David A. Glazer sold 17,128 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $2,330,093.12. Following the transaction, the insider directly owned 375,242 shares of the company’s stock, valued at $51,047,921.68. This represents a 4.37% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 Alexander C. Karp sold 397,744 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $54,109,093.76. Following the completion of the transaction, the insider directly owned 6,432,258 shares in the company, valued at approximately $875,044,378.32. The trade was a 5.82% decrease in their ownership of the stock. 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. Insiders have sold a total of 922,524 shares of company stock worth $125,501,302 over the last three months. Insiders own 9.53% of the company’s stock.

Analyst Ratings Changes

PLTR has been the topic of several recent research reports. Oppenheimer initiated coverage on shares of Palantir Technologies in a report on Thursday, April 30th. They set an “outperform” rating and a $200.00 target price on the stock. Citigroup lifted their target price on shares of Palantir Technologies from $210.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Rosenblatt Securities restated a “buy” rating and set a $225.00 target price on shares of Palantir Technologies in a report on Thursday, May 21st. Zacks Research upgraded shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. Finally, Freedom Capital upgraded shares of Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 13th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Palantir Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.76.

Palantir Technologies Price Performance

Shares of PLTR stock opened at $143.34 on Friday. Palantir Technologies Inc. has a 12 month low of $118.93 and a 12 month high of $207.52. The firm has a market capitalization of $343.63 billion, a P/E ratio of 161.06, a P/E/G ratio of 2.10 and a beta of 1.52. The company’s fifty day moving average price is $141.62 and its two-hundred day moving average price is $156.13.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, May 4th. The company reported $0.33 EPS 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 firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the previous year, the business posted $0.13 EPS. The firm’s revenue was up 84.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Palantir Technologies Inc. will post 1.18 EPS for the current year.

Palantir Technologies Company 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.