Entropy Technologies LP Boosts Stock Holdings in Palantir Technologies Inc. $PLTR

Entropy Technologies LP raised its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 44.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 120,465 shares of the company’s stock after purchasing an additional 37,075 shares during the period. Palantir Technologies accounts for approximately 0.8% of Entropy Technologies LP’s portfolio, making the stock its 12th largest holding. Entropy Technologies LP’s holdings in Palantir Technologies were worth $17,622,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of PLTR. Basepoint Wealth LLC bought a new position in shares of Palantir Technologies during the 4th quarter worth $29,000. Morton Brown Family Wealth LLC raised its stake in 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 acquiring an additional 125 shares during the period. Cornerstone Financial Management LLC bought a new stake in Palantir Technologies in the 4th quarter valued at about $31,000. Clayton Financial Group LLC lifted its holdings in Palantir Technologies by 500.0% during the fourth quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock valued at $32,000 after purchasing an additional 150 shares during the last quarter. Finally, Wexford Capital LP bought a new position in Palantir Technologies during the third quarter worth about $36,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on PLTR. BTIG Research downgraded shares of Palantir Technologies to a “neutral” rating in a research note on Tuesday, June 16th. Cantor Fitzgerald restated a “neutral” rating and set a $138.00 price target on shares of Palantir Technologies in a research note on Friday, May 22nd. UBS Group raised shares of Palantir Technologies from a “buy” rating to a “buy” rating in a report on Tuesday, June 16th. HSBC cut shares of Palantir Technologies from a “buy” rating to a “hold” rating and lowered their target price for the company from $205.00 to $151.00 in a report on Friday, May 1st. Finally, Oppenheimer began coverage on Palantir Technologies in a research report on Thursday, April 30th. They set an “outperform” rating and a $200.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $189.88.

Palantir Technologies Trading Down 0.4%

Shares of Palantir Technologies stock opened at $122.92 on Friday. Palantir Technologies Inc. has a 12-month low of $106.37 and a 12-month high of $207.52. The company has a market cap of $294.68 billion, a price-to-earnings ratio of 138.11, a PEG ratio of 1.97 and a beta of 1.56. The company’s 50-day moving average price is $131.55 and its 200-day moving average price is $142.55.

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

Trending Headlines about 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

Insider Transactions at Palantir Technologies

In related news, insider Stephen Andrew Cohen sold 319,934 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $43,523,821.36. Following the sale, the insider owned 592 shares in the company, valued at approximately $80,535.68. This trade represents a 99.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shyam Sankar sold 165,514 shares of Palantir Technologies stock in a transaction on 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 sale, the insider directly owned 642,786 shares of the company’s stock, valued at $87,444,607.44. This represents a 20.48% decrease in their position. 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 90 days, insiders sold 1,112,270 shares of company stock worth $150,247,785. 9.53% of the stock is owned by corporate insiders.

About Palantir Technologies

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.