R Squared Ltd Has $615,000 Stake in Palantir Technologies Inc. $PLTR

R Squared Ltd lowered its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 59.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,204 shares of the company’s stock after selling 6,118 shares during the quarter. R Squared Ltd’s holdings in Palantir Technologies were worth $615,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of PLTR. Vanguard Group Inc. boosted its position in shares of Palantir Technologies by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock valued at $38,295,188,000 after purchasing an additional 1,557,828 shares in the last quarter. State Street Corp increased its holdings in Palantir Technologies by 1.1% in the fourth quarter. State Street Corp now owns 102,385,317 shares of the company’s stock worth $18,198,990,000 after purchasing an additional 1,126,418 shares in the last quarter. Geode Capital Management LLC increased its holdings in Palantir Technologies by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company’s stock worth $9,599,882,000 after purchasing an additional 805,047 shares in the last quarter. Norges Bank bought a new position in shares of Palantir Technologies during the 4th quarter worth approximately $5,149,641,000. Finally, Invesco Ltd. boosted its holdings in shares of Palantir Technologies by 2.8% during the 4th quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock worth $3,984,281,000 after buying an additional 616,297 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on PLTR. UBS Group upgraded shares of Palantir Technologies from a “buy” rating to a “buy” rating in a research note on Tuesday, June 16th. Rosenblatt Securities reissued a “buy” rating and set a $225.00 target price on shares of Palantir Technologies in a research note on Friday, June 5th. DZ Bank started coverage on shares of Palantir Technologies in a report on Thursday, April 23rd. They issued a “buy” rating and a $175.00 price target for the company. Zacks Research upgraded shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. Finally, Wolfe Research raised shares of Palantir Technologies from an “underperform” rating to a “peer perform” rating in a research note on Tuesday, June 16th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $190.85.

Palantir Technologies Price Performance

Shares of PLTR stock traded up $2.97 during trading hours on Tuesday, reaching $135.51. The company had a trading volume of 23,002,721 shares, compared to its average volume of 47,404,375. The company has a market cap of $324.86 billion, a price-to-earnings ratio of 152.00, a price-to-earnings-growth ratio of 2.08 and a beta of 1.56. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $207.52. The business has a fifty day simple moving average of $133.44 and a 200-day simple moving average of $147.67.

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 the consensus estimate of $0.28 by $0.05. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the prior year, the company posted $0.13 earnings per share. Palantir Technologies’s revenue was up 84.7% compared to the same quarter last year. On average, equities research analysts expect that Palantir Technologies Inc. will post 1.16 earnings per share for the current year.

More Palantir Technologies News

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

• Positive Sentiment: Palantir announced an expanded AI platform agreement with GNP Seguros, its first publicly announced commercial customer in Latin America, which broadens the company’s international footprint and supports its push beyond government contracts. Article Title
• Positive Sentiment: D.A. Davidson upgraded Palantir to Buy from Neutral, citing its growing role as an AI orchestration layer for enterprises. Analyst upgrades can help reinforce confidence after the stock’s recent weakness. Article Title
• Positive Sentiment: Several commentary pieces argued that Palantir’s recent selloff may have created a more attractive entry point, with some noting strong revenue growth, high net retention, and expanding commercial adoption. Article Title
• Neutral Sentiment: Investors are still weighing Palantir’s high valuation against its rapid growth, with multiple articles this week highlighting both bullish long-term AI demand and concerns that the stock remains expensive after its sharp run-up. Article Title
• Negative Sentiment: Some recent coverage pointed to the stock’s steep decline from its highs and ongoing concerns about insider selling and prior volatility, which may cap enthusiasm even after the latest bounce. Article Title
• Negative Sentiment: Palantir also faces lingering risk from political scrutiny around its UK NHS contract, which remains an overhang for investors watching government renewal risk. Article Title

Insider Transactions at Palantir Technologies

In other news, insider Shyam Sankar sold 165,514 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $22,516,524.56. Following the completion of the sale, the insider owned 642,786 shares in the company, valued at $87,444,607.44. This represents a 20.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Jeffrey Buckley sold 1,481 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $128.80, for a total transaction of $190,752.80. Following the transaction, the insider directly owned 60,226 shares in the company, valued at $7,757,108.80. The trade was a 2.40% 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. Over the last 90 days, insiders have sold 927,270 shares of company stock worth $126,197,785. 9.53% of the stock is owned by insiders.

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.