Los Angeles Capital Management LLC Raises Holdings in Palantir Technologies Inc. $PLTR

Posted by Francis Steltz on Jun 7th, 2026

Los Angeles Capital Management LLC increased its position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 12.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,567,504 shares of the company’s stock after buying an additional 169,898 shares during the period. Palantir Technologies accounts for about 1.0% of Los Angeles Capital Management LLC’s holdings, making the stock its 16th largest holding. Los Angeles Capital Management LLC’s holdings in Palantir Technologies were worth $304,958,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in PLTR. Revolve Wealth Partners LLC purchased a new position in shares of Palantir Technologies in the 4th quarter worth $450,000. Bison Wealth LLC raised its position in shares of Palantir Technologies by 37.4% in the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after buying an additional 4,667 shares during the period. Capstone Wealth Management Group LLC raised its position in shares of Palantir Technologies by 38.0% in the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock worth $1,447,000 after buying an additional 4,722 shares during the period. Schnieders Capital Management LLC. raised its position in shares of Palantir Technologies by 36.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock worth $858,000 after buying an additional 1,694 shares during the period. Finally, Vivaldi Capital Management LP purchased a new position in shares of Palantir Technologies in the 2nd quarter worth $315,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

Palantir Technologies Price Performance

Shares of Palantir Technologies stock opened at $135.53 on Friday. The business has a 50-day moving average of $140.80 and a 200-day moving average of $154.85. The company has a market capitalization of $324.91 billion, a PE ratio of 152.28, a P/E/G ratio of 2.15 and a beta of 1.53. Palantir Technologies Inc. has a 1-year low of $121.92 and a 1-year high of $207.52.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its earnings results on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.05. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The company’s revenue was up 84.7% on a year-over-year basis. During the same period last year, the firm earned $0.13 earnings per share. On average, equities analysts expect that Palantir Technologies Inc. will post 1.18 earnings per share for the current fiscal year.

Palantir Technologies News Summary

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

Positive Sentiment: Palantir announced an expanded partnership with Google Cloud to integrate Gemini and BigQuery with Foundry and AIP, a move that could broaden enterprise adoption and deepen its AI ecosystem. Palantir Announces Availability on Google Cloud Marketplace, Including Two-Way Integrations between BigQuery and Foundry and Deep Connectivity between Gemini and AIP
Positive Sentiment: The company also unveiled several new enterprise deals at AIPCon 10, including partnerships with Kirkland & Ellis, McCarthy Building Companies, and GNP Seguros, showing continued traction across legal, construction, and insurance customers. Palantir and Kirkland & Ellis Partner to Transform Private Equity Fundraising with Exclusive AI-Powered Fund Enterprise Platform
Positive Sentiment: Analysts remain constructive, with Wedbush and Rosenblatt reaffirming bullish views and price targets well above the current share price, reinforcing the view that Palantir remains a top AI name. Palantir Technologies had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $225.00 price target on the stock.
Positive Sentiment: Momentum around Palantir’s growth story remains strong, with commentary highlighting surging revenue, improved margins, and a sharply higher Rule of 40 score, suggesting the company’s AI-driven operating leverage is still accelerating. Palantir’s Rule of 40 Explosion Indicates Strong AI Dominance
Neutral Sentiment: Media coverage and trading chatter continue to focus on Palantir’s rich valuation and high expectations, which can support volatility even when the operational news is positive. Palantir Lags the S&P 500 in 2026. How to Play the Once-Leading AI Stock Now.
Negative Sentiment: Some investors are still focused on Michael Burry’s renewed bearish comments and short-position warning, and on broader concerns that Palantir’s valuation may already reflect a lot of the good news. Michael Burry drops rare technical warning on Palantir stock

Insider Activity at Palantir Technologies

In related news, insider Shyam Sankar sold 165,514 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 $22,516,524.56. Following the completion of the transaction, the insider directly owned 642,786 shares in the company, valued at approximately $87,444,607.44. This trade represents a 20.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Stephen Andrew Cohen sold 319,934 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 $43,523,821.36. Following the completion of the transaction, the insider owned 592 shares of the company’s stock, valued at $80,535.68. This trade represents a 99.82% 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 925,789 shares of company stock valued at $126,007,032. 9.53% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

PLTR has been the topic of several research reports. Citigroup increased their target price on Palantir Technologies from $210.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. UBS Group increased their target price on Palantir Technologies from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, March 18th. Wedbush reaffirmed an “outperform” rating and issued a $230.00 target price on shares of Palantir Technologies in a research report on Friday. Weiss Ratings lowered Palantir Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, April 27th. Finally, Royal Bank Of Canada reiterated an “underperform” rating and issued a $90.00 price target on shares of Palantir Technologies in a report on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $192.76.

Read Our Latest Analysis on PLTR

Palantir Technologies Company Profile

(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.