Norden Group LLC Purchases 4,275 Shares of Palantir Technologies Inc. $PLTR

Norden Group LLC raised its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 20.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 24,728 shares of the company’s stock after purchasing an additional 4,275 shares during the quarter. Norden Group LLC’s holdings in Palantir Technologies were worth $4,395,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in PLTR. Revolve Wealth Partners LLC bought a new position in shares of Palantir Technologies during the fourth quarter valued at about $450,000. Bison Wealth LLC grew its stake in shares of Palantir Technologies by 37.4% in the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after purchasing an additional 4,667 shares during the last quarter. Capstone Wealth Management Group LLC increased its holdings in Palantir Technologies by 38.0% during the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock valued at $1,447,000 after purchasing an additional 4,722 shares during the period. Schnieders Capital Management LLC. increased its holdings in Palantir Technologies by 36.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock valued at $858,000 after purchasing an additional 1,694 shares during the period. Finally, Summit Global Investments bought a new position in Palantir Technologies during the 2nd quarter valued at approximately $247,000. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR opened at $147.56 on Friday. The company has a 50 day simple moving average of $148.62 and a two-hundred day simple moving average of $168.58. Palantir Technologies Inc. has a fifty-two week low of $66.12 and a fifty-two week high of $207.52. The company has a market capitalization of $352.92 billion, a price-to-earnings ratio of 234.23, a P/E/G ratio of 3.07 and a beta of 1.70.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The business’s revenue for the quarter was up 70.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 EPS. On average, analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have weighed in on PLTR shares. Freedom Capital upgraded Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $200.00 target price on shares of Palantir Technologies in a report on Tuesday, February 3rd. Mizuho raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 price target for the company in a research note on Wednesday, February 18th. Zacks Research cut shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Finally, Argus raised shares of Palantir Technologies to a “hold” rating in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $198.59.

Insider Buying and Selling at Palantir Technologies

In other news, insider Shyam Sankar sold 168,004 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the completion of the transaction, the insider directly owned 642,786 shares in the company, valued at $85,953,343.92. This trade represents a 20.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ryan D. Taylor sold 19,988 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $2,672,795.36. Following the completion of the transaction, the insider directly owned 219,421 shares of the company’s stock, valued at approximately $29,340,976.12. This represents a 8.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,045,279 shares of company stock valued at $140,539,043 in the last ninety days. Corporate insiders own 9.23% of the company’s stock.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Expanded global partnership with Bain & Company to scale enterprise AI should accelerate commercial sales and implementation demand, improving Palantir’s route to recurring revenue. Bain & Company announces expansion of lead global management consulting partnership with Palantir
• Positive Sentiment: Pentagon adoption of Palantir’s Maven as a formal program of record strengthens government revenue visibility and makes sizable multi‑year spend more likely — a key reason bulls justify the high multiple. Palantir Secures Pentagon Maven Role As Valuation And Growth Debated
• Positive Sentiment: Involvement on the reported $185B “Golden Dome” missile‑defense program with partners like Anduril could translate into multi‑year, high‑margin defense software revenue if contracts scale. That program has already driven analyst optimism and price‑target upgrades. Anduril, Palantir developing Golden Dome missile shield’s software
• Positive Sentiment: Sell‑side support: Rosenblatt reaffirmed a “buy” and a $200 target, highlighting upside if execution continues and defense/commercial adoption expands. Rosenblatt reaffirms buy on Palantir (Benzinga)
• Neutral Sentiment: Analyst and media takes are split: coverage weighing Palantir as a major enterprise AI platform but noting intense competition and valuation risks — useful context but not an immediate catalyst. Palantir in the Enterprise AI Race (Zacks)
• Neutral Sentiment: Comparisons to larger AI plays (e.g., Nvidia) highlight Palantir’s software exposure vs. hardware winners — frames long‑term thesis but doesn’t change near‑term cash flow profile. Nvidia vs Palantir: Which AI Stock is a Long-Term Buy?
• Negative Sentiment: Sectorwide tech profit‑taking and recent intraday weakness are pressuring PLTR despite positive news; several articles note sharp pullbacks tied to broad market moves. Palantir Drops 5% as Tech Sells Off (Yahoo)
• Negative Sentiment: Valuation and bearish analyst notes: high multiples (very elevated P/E) and calls from some firms to sell create downside risk if growth disappoints or defense wins don’t translate to predictable revenue. Analyst says buy Amazon, sell Palantir (Fool)

Palantir Technologies Profile

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.