Palantir Technologies Inc. (NASDAQ:PLTR) Shares Sold by Los Angeles Capital Management LLC

The article, written by MarketBeat, discusses the recent changes in stock positions involving Palantir Technologies, particularly focusing on Los Angeles Capital Management LLC's reduced holdings.

The firm lowered its stake in Palantir Technologies by 28.8% during the first quarter, selling 237,149 shares and leaving them with 586,274 shares valued at approximately $49.5 million. The article also highlights strategic moves by other institutional investors and discusses ratings and stock performance projections for Palantir Technologies.

• Los Angeles Capital Management LLC trimmed its position in Palantir.
• The reduction involved 237,149 shares, forth $49.5 million.
• Other institutions and analysts shared varied ratings on Palantir stock.
• Palantir’s stock saw a significant change, impacting institutional holdings.