Integrity Advisory Solutions LLC acquired a new stake in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 5,219 shares of the company’s stock, valued at approximately $952,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Bare Financial Services Inc grew its stake in Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after purchasing an additional 55 shares in the last quarter. Financial Consulate Inc. bought a new stake in shares of Palantir Technologies during the 3rd quarter worth approximately $30,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Palantir Technologies in the 3rd quarter valued at approximately $31,000. Flagship Wealth Advisors LLC bought a new position in shares of Palantir Technologies in the third quarter valued at $32,000. Finally, Marquette Asset Management LLC acquired a new position in Palantir Technologies during the third quarter worth $34,000. Institutional investors and hedge funds own 45.65% of the company’s stock.
Wall Street Analyst Weigh In
PLTR has been the subject of a number of recent analyst reports. Wall Street Zen cut shares of Palantir Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Weiss Ratings downgraded Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Citigroup upped their price objective on Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Robert W. Baird raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective for the company in a research report on Tuesday, February 3rd. Finally, Mizuho raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 target price on the stock in a report on Wednesday, February 18th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $192.68.
Insider Buying and Selling
In other Palantir Technologies news, insider Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $129.08, for a total value of $159,026.56. Following the completion of the sale, the insider owned 43,108 shares in the company, valued at $5,564,380.64. The trade was a 2.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Stephen Andrew Cohen sold 327,088 shares of the business’s 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 sale, the insider directly owned 592 shares of the company’s stock, valued at $79,162.24. This represents a 99.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,054,279 shares of company stock valued at $142,212,233 in the last 90 days. 9.23% of the stock is currently owned by corporate insiders.
Palantir Technologies Trading Down 0.3%
Palantir Technologies stock opened at $152.67 on Friday. The company has a market capitalization of $365.14 billion, a price-to-earnings ratio of 242.34, a PEG ratio of 2.95 and a beta of 1.70. Palantir Technologies Inc. has a 12 month low of $66.12 and a 12 month high of $207.52. The stock’s 50 day moving average is $156.11 and its 200-day moving average is $169.02.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.02. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the previous year, the company posted $0.14 EPS. The firm’s quarterly revenue was up 70.0% on a year-over-year basis. As a group, equities research analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.
Palantir Technologies News Roundup
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Geopolitical tensions and rising defense demand are boosting interest in Palantir as a military‑grade AI supplier; several outlets link recent rallies to U.S.–Iran escalation that lifts defense-sector flows and technical ratings. Palantir Stock Rallies as U.S. Demand Jumps
- Positive Sentiment: Analyst sentiment has turned constructive: a veteran analyst raised a $200 price target and Wall Street consensus targets imply meaningful upside, supporting the bull case. Veteran Analyst Raises Price Target Analysts See ~30.8% Upside
- Positive Sentiment: Earnings-estimate revisions and recent strong revenue/earnings beats keep the growth story intact and support near‑term upside. Earnings Estimates Moving Higher
- Positive Sentiment: Prominent bulls (e.g., Dan Ives) continue to call Palantir a key AI/defense play, which can attract momentum flows and sector allocation into the name. Dan Ives: Bullish on PLTR
- Neutral Sentiment: Founder/insider selling: reports that Peter Thiel is selling roughly $280M of stock have surfaced; most coverage frames this as routine liquidity rather than a vote of no confidence, but it adds noise. Peter Thiel Selling Shares Thiel Cashes Out Coverage
- Negative Sentiment: Contract and tech risk: the Pentagon’s move to cut Anthropic from some contracts forces Palantir to unwire Anthropic-based prompts from its Maven platform — this could be costly, disruptive to defense deployments, and creates execution risk. Palantir Faces Challenge Removing Anthropic Costly AI Overhaul Report
- Negative Sentiment: Governance/PR concerns: CEO comments about the Anthropic‑Pentagon feud and reports of NHS ties/consulting raise reputational and regulatory scrutiny that investors may view as added risk. CEO Comments on Anthropic-Pentagon Feud NHS Official Advising Palantir
- Negative Sentiment: Some commentators argue the valuation and recent pullbacks reflect a structural reset rather than a simple dip, warning investors this is speculative. Bearish View: ‘Regime Change’
Palantir Technologies 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.
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