Mission Wealth Management LP Sells 9,860 Shares of Palantir Technologies Inc. $PLTR

Mission Wealth Management LP decreased its stake in Palantir Technologies Inc. (NASDAQ:PLTRFree Report) by 45.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 11,754 shares of the company’s stock after selling 9,860 shares during the quarter. Mission Wealth Management LP’s holdings in Palantir Technologies were worth $2,144,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of PLTR. Revolve Wealth Partners LLC bought a new position in Palantir Technologies in the fourth quarter valued at approximately $450,000. Bison Wealth LLC boosted 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 valued at $1,296,000 after buying an additional 4,667 shares during the last quarter. Capstone Wealth Management Group LLC boosted its holdings 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 buying an additional 4,722 shares during the last quarter. Grimes & Company Inc. grew its stake in shares of Palantir Technologies by 10.4% in the second quarter. Grimes & Company Inc. now owns 3,408 shares of the company’s stock valued at $465,000 after buying an additional 322 shares in the last quarter. Finally, DAVENPORT & Co LLC increased its holdings in Palantir Technologies by 18.6% during the second quarter. DAVENPORT & Co LLC now owns 89,130 shares of the company’s stock worth $12,150,000 after buying an additional 13,967 shares during the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

Insider Buying and Selling

In related news, insider Shyam Sankar sold 19,004 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $156.25, for a total value of $2,969,375.00. Following the completion of the sale, the insider directly owned 642,786 shares in the company, valued at approximately $100,435,312.50. The trade was a 2.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Ryan D. Taylor sold 12,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total value of $2,176,200.00. Following the sale, the insider directly owned 239,409 shares in the company, valued at $43,416,822.15. This represents a 4.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,023,444 shares of company stock valued at $167,394,629 in the last quarter. Corporate insiders own 12.93% of the company’s stock.

Palantir Technologies News Roundup

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

  • Positive Sentiment: Blockbuster Q4 results and very strong FY‑2026 guidance: Palantir reported ~70% YoY Q4 revenue growth, major U.S. commercial acceleration and guided to roughly $7.18–7.20B for 2026 (~61% growth), which re‑ignited buy interest. Palantir Reports Q4 2025 — Business Wire
  • Positive Sentiment: U.S. commercial demand and margins accelerated: Management highlighted huge U.S. commercial growth (100%+ metrics cited across coverage), record booking activity and expanding operating margins — a rare combination that supports valuation compression risk being eased. MarketBeat — Palantir’s Perfect 10
  • Positive Sentiment: Multiple analyst upgrades and higher price targets: Firms including William Blair, Robert W. Baird, HSBC and Citi boosted ratings/targets after the print, bringing more institutional endorsement and buy‑side momentum. Zacks — HSBC upgrade
  • Neutral Sentiment: Some mixed analyst moves on targets: Goldman trimmed its target slightly (188→182) and DA Davidson reduced its target while keeping neutral — showing differing views on sustainable upside vs. valuation. MarketScreener — Goldman adjusts PT
  • Neutral Sentiment: CEO comments on geography: Alex Karp warned Europe and Canada are hesitant to adopt AI, highlighting uneven global adoption — good for U.S. growth narrative but a reminder international upside may lag. Fortune — Karp on AI adoption
  • Negative Sentiment: Valuation and sustainability concerns persist: Several pieces flag PLTR’s high multiples despite profits — investors worried growth could mean‑revert or face hyperscaler competition. That keeps risk of pullbacks if execution slips. Seeking Alpha — valuation caution
  • Negative Sentiment: Notable hedges and insider selling: Reports of Michael Burry buying puts and ongoing insider sales are reminders some market participants are hedging or taking profits, which can amplify volatility. 24/7 Wall St. — Burry puts

Palantir Technologies Stock Performance

PLTR opened at $157.88 on Wednesday. The stock has a fifty day moving average of $175.73 and a 200-day moving average of $173.73. The company has a market capitalization of $376.30 billion, a P/E ratio of 250.61, a P/E/G ratio of 3.72 and a beta of 1.64. Palantir Technologies Inc. has a fifty-two week low of $66.12 and a fifty-two week high of $207.52.

Palantir Technologies (NASDAQ:PLTRGet Free Report) last released 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. Palantir Technologies had a net margin of 36.31% and a return on equity of 25.19%. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same period last year, the firm earned $0.14 earnings per share. Palantir Technologies’s revenue for the quarter was up 70.0% compared to the same quarter last year. On average, equities research analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. CICC Research boosted their price objective on shares of Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 12th. Daiwa Capital Markets lifted their price target on Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. DA Davidson lowered their price target on Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating on the stock in a research report on Tuesday. Zacks Research cut Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Finally, Royal Bank Of Canada increased their price target on Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research note on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Palantir Technologies presently has an average rating of “Hold” and a consensus price target of $191.95.

View Our Latest Research Report on PLTR

Palantir Technologies Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Palantir Technologies (NASDAQ:PLTR)

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