Montchanin Asset Management LLC Makes New $1.70 Million Investment in Palantir Technologies Inc. $PLTR

Posted by Francis Steltz on Aug 1st, 2026

Montchanin Asset Management LLC bought a new stake in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 11,638 shares of the company’s stock, valued at approximately $1,702,000. Palantir Technologies comprises 1.7% of Montchanin Asset Management LLC’s investment portfolio, making the stock its 17th biggest position.

Several other hedge funds have also made changes to their positions in the company. Basepoint Wealth LLC purchased a new stake in shares of Palantir Technologies during the 4th quarter valued at approximately $29,000. Morton Brown Family Wealth LLC lifted 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 acquiring an additional 125 shares during the last quarter. Cornerstone Financial Management LLC acquired a new position in Palantir Technologies in the fourth quarter valued at approximately $31,000. Clayton Financial Group LLC grew its position in Palantir Technologies by 500.0% in the fourth quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock worth $32,000 after acquiring an additional 150 shares during the period. Finally, Wexford Capital LP purchased a new position in Palantir Technologies in the third quarter worth approximately $36,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Activity

In other Palantir Technologies news, insider Alexander C. Karp sold 397,744 shares of Palantir Technologies stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $54,109,093.76. Following the completion of the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at $875,044,378.32. The trade was a 5.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $22,516,524.56. Following the sale, the insider owned 642,786 shares in the company, valued at $87,444,607.44. This trade represents a 20.48% 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. Insiders have sold 1,112,270 shares of company stock worth $150,247,785 in the last quarter. Insiders own 9.53% of the company’s stock.

Key Palantir Technologies News

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on PLTR. BNP Paribas Exane assumed coverage on Palantir Technologies in a research note on Tuesday, June 16th. They set an “underperform” rating for the company. HSBC lowered Palantir Technologies from a “buy” rating to a “hold” rating and decreased their price target for the company from $205.00 to $151.00 in a research note on Friday, May 1st. Rosenblatt Securities reissued a “buy” rating and set a $225.00 price objective on shares of Palantir Technologies in a research report on Thursday. Royal Bank Of Canada reissued an “underperform” rating and set a $90.00 price objective on shares of Palantir Technologies in a research report on Friday. Finally, UBS Group upgraded shares of Palantir Technologies from a “buy” rating to a “buy” rating in a report on Tuesday, June 16th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $189.88.

Read Our Latest Stock Report on Palantir Technologies

Palantir Technologies Stock Performance

Palantir Technologies 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 1.95 and a beta of 1.56. Palantir Technologies Inc. has a fifty-two week low of $106.37 and a fifty-two week high of $207.52. The firm has a 50 day moving average price of $130.38 and a 200 day moving average price of $140.69.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its quarterly earnings results on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates 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 period in the prior year, the firm earned $0.13 earnings per share. The firm’s revenue was up 84.7% compared to the same quarter last year. As a group, equities research analysts forecast that Palantir Technologies Inc. will post 1.17 earnings per share for the current year.

About Palantir Technologies

(Free Report)

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.