Three Seasons Wealth LLC lessened its stake in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 60.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,945 shares of the company’s stock after selling 9,266 shares during the quarter. Three Seasons Wealth LLC’s holdings in Palantir Technologies were worth $1,057,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in the stock. Revolve Wealth Partners LLC purchased a new stake in Palantir Technologies during the fourth quarter valued at about $450,000. Bison Wealth LLC raised its holdings 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 purchasing an additional 4,667 shares during the period. Capstone Wealth Management Group LLC lifted its stake 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 valued at $1,447,000 after purchasing an additional 4,722 shares in the last quarter. Schnieders Capital Management LLC. lifted its stake 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 valued at $858,000 after purchasing an additional 1,694 shares in the last quarter. Finally, Smith Moore & CO. grew its holdings in shares of Palantir Technologies by 9.1% during the 2nd quarter. Smith Moore & CO. now owns 7,821 shares of the company’s stock worth $1,066,000 after purchasing an additional 652 shares during the period. 45.65% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research firms recently commented on PLTR. Northland Securities upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price target on the stock in a report on Tuesday, February 3rd. Mizuho upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 price objective for the company in a research note on Wednesday, February 18th. Zacks Research lowered shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Cantor Fitzgerald reissued a “neutral” rating on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Finally, Daiwa Securities Group upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 target price on the stock in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $198.59.
Palantir Technologies Trading Up 6.3%
PLTR opened at $146.28 on Wednesday. The company has a fifty day simple moving average of $146.95 and a 200 day simple moving average of $168.18. The firm has a market cap of $349.85 billion, a price-to-earnings ratio of 232.19, a PEG ratio of 2.73 and a beta of 1.70. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its quarterly earnings data 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 analyst estimates of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The firm’s revenue was up 70.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.14 EPS. On average, analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.
Insider Buying and Selling at Palantir Technologies
In related news, insider Jeffrey Buckley sold 1,232 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total value of $159,026.56. Following the transaction, the insider owned 43,108 shares in the company, valued at approximately $5,564,380.64. The trade was a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Alexander C. Karp sold 493,025 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.78, for a total value of $65,956,884.50. Following the completion of the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at $860,507,475.24. This represents a 7.12% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,045,279 shares of company stock valued at $140,539,043. Company insiders own 12.93% of the company’s stock.
Key Palantir Technologies News
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: U.S. defense designation — The Pentagon named Palantir’s Maven Smart System a program of record, a formal recognition that can drive multi-year government spending and stronger recurring revenue. Why Palantir’s New Program of Record With the Pentagon Could Be a Game Changer
- Positive Sentiment: Strategic defense work — Reports that Palantir (with Anduril) is developing core software for the U.S. “golden dome” missile defense program reinforce Palantir’s positioning as mission‑critical software for national security. Palantir Is Developing the ‘Core’ of the Golden Dome. Does That Make PLTR Stock a Buy Now?
- Positive Sentiment: Material commercial renewal — Stellantis renewed and expanded a five‑year partnership to deploy Foundry and Palantir’s AI platform more broadly across manufacturing and operations, a meaningful enterprise reference customer and recurring-revenue tailwind. Palantir Technologies Announces the Renewal and Expansion of Its Partnership With Stellantis
- Positive Sentiment: Analyst support — Mizuho reaffirmed an Outperform rating and $195 price target, highlighting strong enterprise demand and giving investors confidence in upside vs. headline volatility. Palantir (PLTR) Rated Outperform on Strong Enterprise Demand
- Neutral Sentiment: Market recognition & growth metrics — Multiple pieces note Palantir’s strong Rule-of-40, rapid revenue growth and AIP traction; these support the long-term bull case but are already priced into a rich valuation. Does This Impressive Chart Justify Palantir’s High Valuation?
- Negative Sentiment: Valuation risk and skepticism — Several analysts and commentators warn PLTR is priced for perfection; famed short‑seller commentary and pieces noting a large pullback increase downside risk if growth slows. Michael Burry Says ‘Shorts Are Not Forever’ As Palantir, Nvidia Stocks Wrap A Rough Quarter
- Negative Sentiment: Sector rotation & volatility — Broader AI/tech rotation and recent profit-taking have pressured AI names; commentators note PLTR’s high multiples make it more sensitive to sentiment shifts. Everyone Is Rotating Out of Artificial Intelligence (AI) Stocks
About Palantir Technologies
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.
See Also
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