Palantir Technologies Inc. $PLTR Shares Sold by Glenmede Trust Co. NA

Glenmede Trust Co. NA reduced its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 8.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 137,704 shares of the company’s stock after selling 12,403 shares during the quarter. Glenmede Trust Co. NA’s holdings in Palantir Technologies were worth $20,143,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Basepoint Wealth LLC acquired a new position in Palantir Technologies in the 4th quarter worth about $29,000. Morton Brown Family Wealth LLC grew its holdings in Palantir Technologies by 250.0% in the fourth 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 during the period. Cornerstone Financial Management LLC acquired a new stake in Palantir Technologies in the fourth quarter valued at approximately $31,000. Clayton Financial Group LLC increased its position in shares of Palantir Technologies by 500.0% in the fourth quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock valued at $32,000 after buying an additional 150 shares in the last quarter. Finally, Whipplewood Advisors LLC purchased a new stake in shares of Palantir Technologies in the first quarter valued at approximately $32,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Analysts expect second-quarter revenue to rise approximately 80% year over year to about $1.8 billion, with adjusted EPS near $0.35. Investors are looking for another strong beat and possible guidance increase, supported by AI-driven demand across Palantir’s government and commercial businesses. Palantir Technologies next earnings report
• Positive Sentiment: Continued defense contracts, strong government demand and potential acceleration in U.S. commercial revenue could reinforce Palantir’s AI growth narrative. The company has also beaten earnings estimates for eight consecutive quarters. Palantir Q2 earnings preview
• Positive Sentiment: Rosenblatt reaffirmed a Buy rating and assigned a $225 price target, implying substantial upside from recent levels. Broader optimism about AI monetization and strong hyperscaler spending is also providing sector support. Rosenblatt Palantir rating
• Neutral Sentiment: Options traders expect an unusually large post-earnings move, making the upcoming report the immediate catalyst for PLTR. Investors will focus on revenue acceleration, U.S. commercial growth, international performance, margins and forward guidance—not merely whether Palantir beats estimates. Expected Palantir post-earnings move
• Negative Sentiment: Despite strong operating growth, PLTR has declined roughly 40% from its 2026 high and trades at an elevated earnings multiple. RBC warned investors not to chase the stock ahead of results, while technical indicators reportedly signal a strong sell. RBC warning on Palantir
• Negative Sentiment: Bears argue that another earnings beat may not be enough to support the shares because expectations and valuation remain high. Concerns include an uncertain commercial segment, the risk that AI customers develop competing capabilities, and Palantir’s history of post-earnings declines. Palantir earnings downside warning

Palantir Technologies Price Performance

Shares of PLTR stock opened at $123.06 on Friday. The company has a market capitalization of $295.01 billion, a PE ratio of 138.27, a price-to-earnings-growth ratio of 1.97 and a beta of 1.56. The firm’s 50-day moving average is $130.38 and its two-hundred day moving average is $140.69. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, May 4th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The business’s revenue was up 84.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.13 EPS. Sell-side analysts forecast that Palantir Technologies Inc. will post 1.17 EPS for the current year.

Insider Activity at Palantir Technologies

In related news, insider Jeffrey Buckley sold 1,481 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $128.80, for a total transaction of $190,752.80. Following the completion of the sale, the insider directly owned 60,226 shares of the company’s stock, valued at approximately $7,757,108.80. This trade represents a 2.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Elaina Friedman Stat sold 1,598 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $160.00, for a total transaction of $255,680.00. Following the completion of the sale, the director owned 55,022 shares in the company, valued at approximately $8,803,520. This trade represents a 2.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,112,270 shares of company stock valued at $150,247,785 over the last 90 days. Corporate insiders own 9.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Argus upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 target price on the stock in a research report on Wednesday, May 6th. BTIG Research lowered shares of Palantir Technologies to a “neutral” rating in a report on Tuesday, June 16th. Zacks Research raised shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. Oppenheimer reiterated an “outperform” rating on shares of Palantir Technologies in a research report on Monday, July 27th. Finally, Mizuho reduced their price target on shares of Palantir Technologies from $195.00 to $185.00 and set an “outperform” rating for the company in a research report on Tuesday, April 14th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $189.88.

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.