AK Global Asset Management LLC Takes Position in Palantir Technologies Inc. $PLTR

AK Global Asset Management LLC bought a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 13,025 shares of the company’s stock, valued at approximately $2,315,000. Palantir Technologies comprises 2.0% of AK Global Asset Management LLC’s investment portfolio, making the stock its 11th largest position.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Occidental Asset Management LLC lifted its holdings in shares of Palantir Technologies by 2.8% in the 3rd quarter. Occidental Asset Management LLC now owns 1,964 shares of the company’s stock valued at $358,000 after purchasing an additional 53 shares during the last quarter. Gallacher Capital Management LLC lifted its holdings in shares of Palantir Technologies by 2.2% in the 3rd quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company’s stock valued at $447,000 after purchasing an additional 53 shares during the last quarter. Bare Financial Services Inc raised its stake in Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after acquiring an additional 55 shares during the last quarter. Lionshead Wealth Management LLC raised its stake in Palantir Technologies by 0.4% during the 3rd quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock valued at $2,395,000 after acquiring an additional 56 shares during the last quarter. Finally, Ellenbecker Investment Group raised its stake in Palantir Technologies by 3.6% during the 3rd quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock valued at $295,000 after acquiring an additional 57 shares during the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on PLTR shares. William Blair raised Palantir Technologies from a “market perform” rating to an “outperform” rating in a research note on Monday, February 2nd. Robert W. Baird raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective for the company in a research note on Tuesday, February 3rd. HSBC raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price objective for the company in a research note on Tuesday, February 3rd. Daiwa Securities Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a research note on Tuesday, February 10th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $200.00 price objective on shares of Palantir Technologies in a research note on Wednesday, March 25th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $197.77.

Palantir Technologies Trading Up 1.4%

NASDAQ PLTR opened at $150.07 on Wednesday. The business’s 50 day moving average is $145.10 and its two-hundred day moving average is $167.28. Palantir Technologies Inc. has a 12-month low of $75.22 and a 12-month high of $207.52. The stock has a market capitalization of $358.92 billion, a price-to-earnings ratio of 238.21, a PEG ratio of 2.94 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.02. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the previous year, the firm posted $0.14 EPS. The firm’s quarterly revenue was up 70.0% on a year-over-year basis. Equities analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Key Palantir Technologies News

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

• Positive Sentiment: UBS and other analysts highlight Palantir’s ontology/AIP layer as a durable competitive moat that turns raw enterprise data into actionable AI — a core reason some firms list PLTR among top multi-year AI buys. Read More.
• Positive Sentiment: Company fundamentals cited by outlets show very strong recent results (robust revenue growth, high margins, cash balance and large TCV) and a formal military program designation (Maven), which supports recurring government revenue and reduces downside risk to the revenue base. Read More.
• Positive Sentiment: Strategic positioning in defense AI—analysts (e.g., Wedbush) see Palantir as a likely first mover in defense AI integration, a thematic catalyst if U.S. defense spending and AI procurements accelerate. Read More.
• Neutral Sentiment: Short-term market forces: sector-wide growth-stock volatility and Nasdaq weakness have pressured PLTR at points this week, producing intraday swings even as company-specific news is mixed. Read More.
• Neutral Sentiment: CEO public comments on the disruptive effects of AI are garnering attention — reputational/PR effects are unclear for investors but could amplify both support and criticism. Read More.
• Negative Sentiment: Ethics and contract risk: UK NHS staff groups and other critics are pushing boycotts over Palantir’s public-sector data work and defense ties; sustained reputational or political pressure could slow commercial expansion in sensitive sectors. Read More.
• Negative Sentiment: Valuation and skepticism: benchmark coverage and several commentaries warn PLTR trades at a premium that requires continued very high revenue growth to justify; a few bearish takes warn of large downside if AIP pilot projects fail to scale. Read More.

Insider Activity at Palantir Technologies

In related news, insider Shyam Sankar sold 168,004 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $22,465,494.88. Following the sale, the insider owned 642,786 shares in the company, valued at $85,953,343.92. This represents a 20.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Stephen Andrew Cohen sold 327,088 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $43,738,207.36. Following the completion of the sale, the insider owned 592 shares in the company, valued at approximately $79,162.24. This represents a 99.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,029,879 shares of company stock worth $137,746,253 in the last three months. 9.23% of the stock is currently owned by corporate insiders.

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.