WJ Financial Advisors LLC Acquires New Position in Palantir Technologies Inc. $PLTR

WJ Financial Advisors LLC bought a new position in Palantir Technologies Inc. (NASDAQ:PLTR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,919 shares of the company’s stock, valued at approximately $715,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PLTR. Norges Bank acquired a new stake in Palantir Technologies in the second quarter worth $3,307,457,000. Vanguard Group Inc. increased its stake in shares of Palantir Technologies by 3.6% in the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after purchasing an additional 7,194,216 shares during the period. State Street Corp raised its holdings in shares of Palantir Technologies by 6.9% during the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock valued at $12,879,667,000 after buying an additional 6,097,629 shares during the last quarter. Invesco Ltd. boosted its position in shares of Palantir Technologies by 16.0% during the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock worth $2,806,182,000 after buying an additional 2,838,300 shares during the period. Finally, Clear Street LLC acquired a new position in shares of Palantir Technologies during the second quarter worth approximately $295,508,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have weighed in on PLTR shares. Freedom Capital raised Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research note on Friday. Argus raised shares of Palantir Technologies to a “hold” rating in a research note on Monday, February 9th. Northland Securities upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research note on Tuesday, February 3rd. UBS Group cut their target price on Palantir Technologies from $205.00 to $180.00 and set a “neutral” rating for the company in a research report on Tuesday, February 3rd. Finally, HSBC raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price target for the company in a research note on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Palantir Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $191.05.

Insider Buying and Selling

In other news, insider Jeffrey Buckley sold 1,252 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $157.50, for a total value of $197,190.00. Following the completion of the sale, the insider owned 47,044 shares of the company’s stock, valued at $7,409,430. This trade represents a 2.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider David A. Glazer sold 9,000 shares of Palantir Technologies stock in a transaction on Friday, December 12th. The shares were sold at an average price of $185.91, for a total value of $1,673,190.00. Following the transaction, the insider owned 413,639 shares in the company, valued at $76,899,626.49. This represents a 2.13% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,023,844 shares of company stock valued at $167,455,085. 9.23% of the stock is currently owned by company insiders.

Palantir Technologies Trading Up 1.7%

Shares of PLTR opened at $131.36 on Friday. The business’s 50-day moving average price is $169.93 and its 200 day moving average price is $172.41. The stock has a market capitalization of $313.09 billion, a P/E ratio of 208.51, a P/E/G ratio of 2.48 and a beta of 1.64. Palantir Technologies Inc. has a 1-year low of $66.12 and a 1-year high of $207.52.

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

Key Palantir Technologies News

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

• Positive Sentiment: Strong fundamentals: Q4 results and guidance showed very strong growth (revenue up ~70% year-over-year) and expanding margins, reinforcing Palantir’s enterprise‑AI commercial momentum — a primary reason bulls say the long‑term case remains intact. Palantir Is Down 27%, But the Long-Term Math Still Favors Bulls
• Positive Sentiment: Defense/government catalyzer: DISA extended IL5/IL6 authorization to Palantir’s on‑premises and edge PFCS deployments, widening addressable opportunities for classified and edge AI workloads. Palantir Receives DISA Authorization for PFCS Forward
• Positive Sentiment: Commercial contract renewal: Palantir signed a multi‑year renewal with Airbus for Skywise, underscoring sticky enterprise relationships outside government. Palantir Signs a Multi-Year Contract Renewal With Airbus
• Neutral Sentiment: Analyst stance mixed: Some firms upgraded/affirmed PLTR on AI/contract momentum while others warn about valuation — consensus targets remain well above current levels, creating both upside and re‑rating risk. Mizuho Cautious on Valuation but Backs Palantir Growth Outlook
• Negative Sentiment: Sharp valuation‑led selloff: Heavy recent declines (reports of 25–27% pullbacks YTD) reflect retail weakness and rotation away from richly priced AI names; headlines frame PLTR as overvalued despite revenue gains. Palantir Drops 25% Despite 70% Revenue Growth
• Negative Sentiment: Bear pressure and options activity: Prominent bearish commentary (notably Michael Burry) and a large uptick in put‑option volume have amplified downside volatility and investor caution. Michael Burry’s Bearish Call on Palantir
• Negative Sentiment: Retail/social sentiment turned bearish and insider selling noted in public filings — these behavioral signals can deepen short‑term pressure even when fundamentals look strong. Quiver Quantitative Summary

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.