Denali Advisors LLC Sells 11,412 Shares of Palantir Technologies Inc. $PLTR

Denali Advisors LLC lessened its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 17.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 53,509 shares of the company’s stock after selling 11,412 shares during the period. Palantir Technologies accounts for 1.1% of Denali Advisors LLC’s holdings, making the stock its 11th biggest holding. Denali Advisors LLC’s holdings in Palantir Technologies were worth $9,761,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of PLTR. Vanguard Group Inc. grew its position in shares of Palantir Technologies by 3.6% in the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after buying an additional 7,194,216 shares during the last quarter. State Street Corp lifted its stake in shares of Palantir Technologies by 6.9% in the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after acquiring an additional 6,097,629 shares during the period. Norges Bank bought a new stake in Palantir Technologies in the second quarter valued at approximately $3,307,457,000. Invesco Ltd. increased its position in Palantir Technologies by 16.0% during the 2nd quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock valued at $2,806,182,000 after purchasing an additional 2,838,300 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in Palantir Technologies by 3.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,042,239 shares of the company’s stock worth $1,914,238,000 after purchasing an additional 427,840 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on PLTR. Citigroup upped their price objective on shares of Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a report on Monday, February 2nd. Freedom Capital upgraded Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a report on Friday. Jefferies Financial Group set a $208.00 price objective on Palantir Technologies in a research report on Thursday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $200.00 target price on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Palantir Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $191.05.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 308,635 shares of the firm’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $50,613,053.65. Following the transaction, the insider directly owned 592 shares of the company’s stock, valued at approximately $97,082.08. This trade represents a 99.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider David A. Glazer sold 15,557 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction of $2,551,192.43. Following the sale, the insider directly owned 415,612 shares of the company’s stock, valued at approximately $68,156,211.88. The trade was a 3.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,023,844 shares of company stock valued at $167,455,085 over the last three months. 12.93% of the stock is currently owned by company insiders.

Palantir Technologies News Roundup

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

Palantir Technologies Price Performance

Shares of PLTR opened at $131.36 on Monday. The stock has a 50-day moving average of $169.93 and a 200-day moving average of $172.62. The company has a market cap of $313.09 billion, a PE ratio of 208.51, a P/E/G ratio of 2.53 and a beta of 1.64. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 23.81% and a net margin of 36.31%.The firm’s revenue for the quarter was up 70.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.14 EPS. Analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

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.