<div id="readability-page-1"><p>Calamos Advisors LLC acquired a new position in shares of  Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor  acquired 632,771 shares of the company's stock, valued at approximately $53,406,000.</p><div><p><span></span><span>Get <strong>Palantir Technologies</strong> alerts:</span></p></div><ul><li>MarketBeat Week in Review – 06/30 - 07/04</li></ul><p>A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Assenagon Asset Management S.A. raised its stake in  Palantir Technologies by 15.0% in the 1st quarter. Assenagon Asset Management S.A. now owns 49,651 shares of the company's stock valued at $4,191,000 after acquiring an additional 6,479 shares during the period.  Pitcairn Co. bought a new stake in  Palantir Technologies in the 4th quarter valued at $281,000.  Sagespring Wealth Partners LLC grew its holdings in  Palantir Technologies by 36.3% in the 1st quarter. Sagespring Wealth Partners LLC now owns 24,054 shares of the company's stock valued at $2,030,000 after buying an additional 6,405 shares in the last quarter.  KLP Kapitalforvaltning AS acquired a new position in  Palantir Technologies in the 4th quarter valued at $52,033,000.  Finally, CX Institutional acquired a new position in  Palantir Technologies in the 1st quarter valued at $62,000. Institutional investors own  45.65% of the company's stock. </p><h2>Insider Activity</h2><p>In other news, insider Stephen Andrew Cohen sold 34,357 shares of the firm's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $125.96, for a total transaction of $4,327,607.72. Following the completion of the transaction, the insider directly owned 592 shares in the company, valued at $74,568.32. This trade represents a 98.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through the SEC website. Also, insider David A. Glazer sold 3,418 shares of the firm's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $125.97, for a total value of $430,565.46. Following the transaction, the insider owned 492,079 shares of the company's stock, valued at $61,987,191.63. This trade represents a 0.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,451,497 shares of company stock valued at $186,110,685. 9.23% of the stock is currently owned by company insiders. </p><h2>Palantir Technologies Trading Up 1.6%</h2><ul><li>IGM ETF: Expand Tech Exposure With Top AI Leaders</li></ul><p>Shares of PLTR stock opened at $134.27 on Friday. The business's 50-day moving average price is $128.04 and its 200-day moving average price is $101.06. Palantir Technologies Inc. has a 12 month low of $21.23 and a 12 month high of $148.22. The firm has a market capitalization of $316.85 billion, a price-to-earnings ratio of 583.76, a PEG ratio of 11.28 and a beta of 2.59. </p><p>Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The company reported $0.13 EPS for the quarter, meeting analysts' consensus estimates of $0.13. Palantir Technologies had a return on equity of 6.55% and a net margin of 18.32%. The firm had revenue of $883.86 million for the quarter, compared to analyst estimates of $863.89 million. During the same period last year, the firm posted $0.08 earnings per share. The business's revenue for the quarter was up 39.4% on a year-over-year basis.  On average, sell-side analysts predict that  Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year. </p><h2>Analysts Set New Price Targets</h2><ul><li>Palantir’s $100M Nuclear OS Pact Boosts Bullish Case</li></ul><p>A number of brokerages have commented on PLTR. Citigroup upped their price objective on Palantir Technologies from $110.00 to $115.00 and gave the company a &#34;neutral&#34; rating in a report on Thursday, May 8th. Morgan Stanley upped their price objective on Palantir Technologies from $90.00 to $98.00 and gave the company an &#34;equal weight&#34; rating in a report on Tuesday, May 6th. DA Davidson upped their price objective on Palantir Technologies from $100.00 to $115.00 and gave the company a &#34;neutral&#34; rating in a report on Tuesday, May 6th. Mizuho increased their target price on Palantir Technologies from $94.00 to $116.00 and gave the stock an &#34;underperform&#34; rating in a report on Wednesday, June 11th. Finally, Royal Bank Of Canada  reissued an &#34;underperform&#34; rating on shares of Palantir Technologies in a report on Tuesday, May 6th. Five research analysts have rated the stock with a sell rating, fourteen have issued  a hold rating and four have assigned  a buy rating to the company's stock. According to data from MarketBeat, Palantir Technologies currently has a consensus rating of &#34;Hold&#34; and an average price target of $89.32.</p><p><b>Read Our Latest Stock Analysis on PLTR</b></p><h2>Palantir Technologies Company Profile</h2> (Free Report)<p>Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.</p><h2>Read More</h2><ul><li>Five stocks we like better than Palantir Technologies</li><li>CD Calculator: Certificate of Deposit Calculator </li><li>Rigetti Computing: Cantor's Bullish Call May Be Just the Start</li><li>How to Invest in Tech Stocks and Top Tech Stocks to Consider</li><li>Big Bank Buybacks: Morgan Stanley, Citi, &amp; Wells Fargo Lead</li><li>Best Stocks Under $5.00</li><li>3 Top Stocks Under $20 Riding the “Made in America” Wave</li></ul><p><strong>Want to see what other hedge funds are holding PLTR?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palantir Technologies Inc. (NASDAQ:PLTR - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UExUUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UExUUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Palantir Technologies Right Now?</h2><p>Before you consider Palantir Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Palantir Technologies wasn't on the list.</p><p>While Palantir Technologies currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PLTR

<p>Calamos Advisors LLC has invested $53.41 million in Palantir Technologies Inc. (NASDAQ:PLTR), acquiring 632,771 shares during the first quarter. Other institutional investors have also adjusted their positions in the company. Palantir's stock has seen a 1.6% increase, with a current market cap of $316.85 billion. The company reported a quarterly revenue of $883.86 million, surpassing analyst estimates. Analysts have raised their price targets for Palantir, with Citigroup setting a new target of $115.00 and Morgan Stanley at $98.00.</p>

- Calamos Advisors LLC acquired 632,771 shares of Palantir Technologies Inc. valued at approximately $53.4 million in the first quarter.  
- Other institutional investors also adjusted their positions, with notable increases from Assenagon Asset Management and Sagespring Wealth Partners.  
- Palantir reported a revenue of $883.86 million for the quarter, exceeding analyst estimates, and has a consensus rating of "Hold" with an average price target of $89.32.

Calamos Advisors LLC Invests $53.41 Million in Palantir Technologies Inc. (NASDAQ:PLTR)