9,977 Shares in Palantir Technologies Inc. $PLTR Bought by Hilton Head Capital Partners LLC

Posted by Brenda Bartman on Jun 8th, 2026

Hilton Head Capital Partners LLC purchased a new stake in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 9,977 shares of the company’s stock, valued at approximately $1,773,000. Palantir Technologies comprises approximately 1.0% of Hilton Head Capital Partners LLC’s holdings, making the stock its 20th largest holding.

A number of other large investors have also recently added to or reduced their stakes in the stock. Milestone Asset Management LLC raised its position in shares of Palantir Technologies by 229.5% during the 4th quarter. Milestone Asset Management LLC now owns 60,551 shares of the company’s stock valued at $10,763,000 after acquiring an additional 42,173 shares in the last quarter. VCI Wealth Management LLC boosted its holdings in Palantir Technologies by 42.3% in the fourth quarter. VCI Wealth Management LLC now owns 12,187 shares of the company’s stock worth $2,166,000 after purchasing an additional 3,621 shares during the period. Public Sector Pension Investment Board increased its stake in Palantir Technologies by 135.3% during the third quarter. Public Sector Pension Investment Board now owns 540,835 shares of the company’s stock valued at $98,659,000 after purchasing an additional 310,942 shares during the last quarter. Vanguard Group Inc. increased its stake in Palantir Technologies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock valued at $38,295,188,000 after purchasing an additional 1,557,828 shares during the last quarter. Finally, PFA Pension Forsikringsaktieselskab acquired a new stake in shares of Palantir Technologies during the fourth quarter worth $222,143,000. 45.65% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on PLTR shares. Mizuho decreased their price target on shares of Palantir Technologies from $195.00 to $185.00 and set an “outperform” rating for the company in a report on Tuesday, April 14th. Citigroup raised their target price on shares of Palantir Technologies from $210.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Wedbush restated an “outperform” rating and issued a $230.00 target price on shares of Palantir Technologies in a research note on Friday. Royal Bank Of Canada reaffirmed an “underperform” rating and set a $90.00 target price on shares of Palantir Technologies in a report on Tuesday, May 5th. Finally, Freedom Capital upgraded Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 13th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Palantir Technologies presently has an average rating of “Moderate Buy” and an average price target of $192.76.

Read Our Latest Stock Analysis on Palantir Technologies

Palantir Technologies Price Performance

Shares of NASDAQ:PLTR opened at $135.53 on Monday. The company’s 50-day moving average price is $140.80 and its 200 day moving average price is $154.74. The company has a market cap 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 fifty-two week low of $121.92 and a fifty-two week high of $207.52.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted its earnings results on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.28 by $0.05. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the prior year, the firm earned $0.13 EPS. Palantir Technologies’s quarterly revenue was up 84.7% on a year-over-year basis. As a group, equities analysts anticipate that Palantir Technologies Inc. will post 1.18 EPS for the current year.

Key Stories Impacting Palantir Technologies

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

Insiders Place Their Bets

In other Palantir Technologies news, insider Ryan D. Taylor sold 19,662 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 $2,674,818.48. Following the completion of the transaction, the insider owned 199,759 shares in the company, valued at approximately $27,175,214.36. The trade was a 8.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Alexander C. Karp sold 397,744 shares of the firm’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 $54,109,093.76. Following the transaction, the insider directly owned 6,432,258 shares in the company, valued at $875,044,378.32. This trade represents a 5.82% 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 three months, insiders sold 925,789 shares of company stock worth $126,007,032. 9.53% of the stock is owned by company insiders.

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.