Palantir Technologies Inc. $PLTR Shares Sold by Themes Management Co LLC

Themes Management Co LLC lowered its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 40.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,061 shares of the company’s stock after selling 6,864 shares during the period. Palantir Technologies makes up 0.9% of Themes Management Co LLC’s holdings, making the stock its 25th largest position. Themes Management Co LLC’s holdings in Palantir Technologies were worth $1,472,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in PLTR. Van Diest Capital LLC raised its stake in shares of Palantir Technologies by 116.5% during the first quarter. Van Diest Capital LLC now owns 2,700 shares of the company’s stock valued at $395,000 after purchasing an additional 1,453 shares in the last quarter. Lombard Odier Asset Management Switzerland SA increased its stake in Palantir Technologies by 8.6% during the 1st quarter. Lombard Odier Asset Management Switzerland SA now owns 111,367 shares of the company’s stock valued at $16,291,000 after buying an additional 8,800 shares during the period. Matrix Private Capital Group LLC acquired a new position in Palantir Technologies during the 1st quarter valued at about $376,000. Waverly Advisors LLC raised its position in shares of Palantir Technologies by 36.0% during the 1st quarter. Waverly Advisors LLC now owns 45,431 shares of the company’s stock worth $6,646,000 after buying an additional 12,033 shares in the last quarter. Finally, Entropy Technologies LP raised its position in shares of Palantir Technologies by 44.5% during the 1st quarter. Entropy Technologies LP now owns 120,465 shares of the company’s stock worth $17,622,000 after buying an additional 37,075 shares in the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies Price Performance

PLTR stock opened at $122.92 on Friday. The firm has a market cap of $294.68 billion, a PE ratio of 138.11, a P/E/G ratio of 1.96 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 firm has a 50 day simple moving average of $131.55 and a 200 day simple moving average of $142.55.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, May 4th. The company reported $0.33 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the prior year, the company earned $0.13 earnings per share. The firm’s revenue was up 84.7% on a year-over-year basis. As a group, sell-side analysts expect that Palantir Technologies Inc. will post 1.17 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on PLTR shares. Wedbush began coverage on shares of Palantir Technologies in a report on Tuesday, June 16th. They issued an “outperform” rating for the company. President Capital raised Palantir Technologies from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $25.50 to $133.00 in a report on Monday, June 29th. Phillip Securities upped their target price on Palantir Technologies from $190.00 to $202.00 in a research report on Monday, May 11th. UBS Group upgraded Palantir Technologies from a “buy” rating to a “buy” rating in a research report on Tuesday, June 16th. Finally, Oppenheimer started coverage on Palantir Technologies in a research note on Thursday, April 30th. They issued an “outperform” rating and a $200.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $189.88.

Insiders Place Their Bets

In other news, insider Stephen Andrew Cohen sold 319,934 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $43,523,821.36. Following the sale, the insider directly owned 592 shares of the company’s stock, valued at $80,535.68. The trade was a 99.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ryan D. Taylor sold 19,662 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $2,674,818.48. Following the sale, the insider directly owned 199,759 shares of the company’s stock, valued at approximately $27,175,214.36. This represents a 8.96% 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. Over the last ninety days, insiders sold 1,112,270 shares of company stock worth $150,247,785. Corporate insiders own 9.53% of the company’s stock.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Citi lowered its price target on Palantir to $200 from $225 but kept a Buy rating, signaling continued confidence in the company’s long-term upside and pointing to expected commercial growth rebound. Benzinga article
• Positive Sentiment: Multiple analyst write-ups highlighted Palantir’s strong growth profile, with Wall Street price-target averages implying meaningful upside and recent earnings estimate revisions moving higher. Zacks article
• Positive Sentiment: Palantir and other major tech firms defended open AI models in Washington, which could help avoid new restrictions that might slow AI adoption and enterprise spending. Financial Times article
• Neutral Sentiment: Several stories ahead of the Aug. 3 earnings report focused on Palantir’s business model, investor base, and CEO Alex Karp’s bullish comments on AI, but these were largely commentary rather than new company-specific catalysts. TipRanks article
• Neutral Sentiment: Other coverage noted that Palantir remains a high-growth AI name with strong free cash flow, but also emphasized that the stock has already fallen sharply in 2026 and is being judged against a demanding valuation. MarketBeat article
• Negative Sentiment: Investors appear cautious ahead of earnings, with headlines saying Palantir is tumbling before the report and that concerns over valuation, competition from open-source AI, and broader AI stock weakness are weighing on sentiment. Yahoo Finance article

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.