Private Trust Co. NA Has $2.89 Million Stock Holdings in Palantir Technologies Inc. $PLTR

Private Trust Co. NA cut its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 21.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,248 shares of the company’s stock after selling 4,556 shares during the period. Private Trust Co. NA’s holdings in Palantir Technologies were worth $2,888,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in PLTR. Bare Financial Services Inc increased its holdings in Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after purchasing an additional 55 shares in the last quarter. Financial Consulate Inc. bought a new position in shares of Palantir Technologies in the third quarter valued at approximately $30,000. Retirement Wealth Solutions LLC purchased a new position in shares of Palantir Technologies during the third quarter valued at approximately $31,000. Flagship Wealth Advisors LLC bought a new stake in Palantir Technologies during the third quarter worth $32,000. Finally, United Financial Planning Group LLC bought a new stake in Palantir Technologies during the third quarter worth $32,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on PLTR shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $200.00 price objective on shares of Palantir Technologies in a research note on Tuesday, February 3rd. The Goldman Sachs Group dropped their price target on shares of Palantir Technologies from $188.00 to $182.00 in a research report on Tuesday, February 3rd. Jefferies Financial Group set a $208.00 price target on shares of Palantir Technologies in a report on Thursday, January 22nd. HSBC raised shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price objective for the company in a research report on Tuesday, February 3rd. Finally, Daiwa Securities Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 target price on the stock in a research report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $197.32.

Palantir Technologies Stock Performance

Shares of NASDAQ:PLTR opened at $142.76 on Friday. The company has a market capitalization of $341.44 billion, a P/E ratio of 226.61, a price-to-earnings-growth ratio of 2.82 and a beta of 1.68. Palantir Technologies Inc. has a fifty-two week low of $89.31 and a fifty-two week high of $207.52. The company’s 50-day moving average is $143.51 and its 200 day moving average is $165.33.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the previous year, the company earned $0.14 earnings per share. The company’s quarterly revenue was up 70.0% on a year-over-year basis. As a group, research analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

More Palantir Technologies News

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

• Positive Sentiment: Presidential praise and high-profile endorsements have revived bullish sentiment for PLTR, reinforcing hopes of larger government awards and political tailwinds for Palantir’s defense-related AI products. Palantir Just Got a Presidential Nod and a Cathie Wood Buy
• Positive Sentiment: Analysts and sector commentary are highlighting AI momentum — upgrades and favorable notes point to solid fundamentals (AIP traction, U.S. commercial growth) that can support multiple expansion if execution continues. AI Momentum Lifts Intel, Palantir Ratings
• Positive Sentiment: Bull case reminders: deep defense/government entrenchment plus rapid U.S. commercial AIP adoption keep longer-term upside on the table for patient investors who buy the AI platform story. Got $3,000? Palantir Might Be the 1 Defense‑Tech Name
• Neutral Sentiment: DA Davidson reaffirmed a “neutral” rating with a $180 price target, signaling that some analysts see meaningful upside but remain cautious on valuation — a mixed catalyst for trading volatility. DA Davidson rating report (summary)
• Neutral Sentiment: Analyst price-target dispersion and coverage remain wide (median targets well above current levels), which can fuel big intra-day moves as investor expectations diverge ahead of upcoming earnings. Quiver Quant coverage summary
• Negative Sentiment: High-profile short sellers (notably Michael Burry) and persistent critiques about Palantir’s premium valuation are keeping downside pressure and volatility elevated — bears argue current multiples leave little room for execution misses. Michael Burry on Palantir vs Anthropic
• Negative Sentiment: Recent sharp pullbacks and multiple articles flagging a 30–35% decline underline investor wariness; media debate over “buy the dip” versus valuation risk is likely to keep trading choppy ahead of results. A 35% Dip Is Here for Palantir Stock
• Negative Sentiment: Intensifying competition from specialist AI firms (Anthropic and others) and questions about whether AIP pilots scale into large, repeatable enterprise deals inject strategic risk that could weigh on multiple contraction if wins slow. What’s next as AI competition intensifies?

Insider Activity

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the completion of the transaction, the insider owned 592 shares in the company, valued at $79,162.24. This trade represents a 99.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Alexander C. Karp sold 493,025 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the completion of the sale, the insider directly owned 6,432,258 shares in the company, valued at approximately $860,507,475.24. This trade represents a 7.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 1,029,879 shares of company stock valued at $137,746,253. 9.23% of the stock is currently owned by corporate insiders.

Palantir Technologies Company 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.