Pinkerton Wealth LLC Sells 3,956 Shares of Palantir Technologies Inc. $PLTR

Pinkerton Wealth LLC reduced its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 15.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 20,938 shares of the company’s stock after selling 3,956 shares during the quarter. Pinkerton Wealth LLC’s holdings in Palantir Technologies were worth $3,820,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Decker Retirement Planning Inc. raised its holdings in Palantir Technologies by 778.7% in the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock worth $11,187,000 after acquiring an additional 54,347 shares during the period. Vanguard Group Inc. lifted its position in Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after acquiring an additional 7,194,216 shares during the last quarter. Prentice Wealth Management LLC bought a new stake in Palantir Technologies during the third quarter valued at about $550,000. Watershed Private Wealth LLC boosted its holdings in Palantir Technologies by 75.3% during the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock valued at $1,423,000 after acquiring an additional 3,350 shares during the period. Finally, GAM Holding AG grew its position in shares of Palantir Technologies by 39.0% in the third quarter. GAM Holding AG now owns 13,788 shares of the company’s stock valued at $2,515,000 after purchasing an additional 3,868 shares during the last quarter. Institutional investors own 45.65% of the company’s stock.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 168,004 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $22,465,494.88. Following the completion of the sale, the insider owned 642,786 shares in the company, valued at approximately $85,953,343.92. This trade represents a 20.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Stephen Andrew Cohen sold 327,088 shares of the company’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 in the company, valued at approximately $79,162.24. The trade was a 99.82% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,054,279 shares of company stock worth $142,212,233. 12.93% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Loop Capital dropped their price objective on Palantir Technologies from $230.00 to $220.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Jefferies Financial Group set a $208.00 target price on Palantir Technologies in a research note on Thursday, January 22nd. Robert W. Baird raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price on the stock in a report on Tuesday, February 3rd. Zacks Research downgraded Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Finally, Rosenblatt Securities initiated coverage on Palantir Technologies in a report on Friday, February 27th. They set a “buy” rating and a $150.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $192.68.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Geopolitical tensions (U.S.–Iran) and rising defense demand are being cited as a near‑term catalyst for more Palantir contracts and a surge in investor interest. This narrative helps explain recent share strength as investors reprice defense/AI exposure. Why Palantir Is Soaring While Big Tech Tanks
• Positive Sentiment: Industry coverage and market commentary point to accelerating adoption of Palantir’s AIP, expanding U.S. commercial sales, and improving margins — factors analysts cite in bullish forecasts for 2026 upside. Palantir Stock Forecast: Is PLTR Heading to $260 or Dropping Further From Here?
• Positive Sentiment: Multiple analyst writeups and buy‑side notes (including a Rosenblatt initiation) are highlighting Palantir’s role as an LLM/AI backbone for government and commercial customers — supporting bullish views that the company can capture displaced LLM workloads. Why Analysts Are Bullish on Palantir Technologies Inc. (PLTR)
• Neutral Sentiment: Insider/owner activity: Century Legend sold a small block of Palantir shares to boost liquidity and realize gains — a minor share sale that is unlikely to materially change ownership or outlook. Century Legend Sells Palantir Stake to Boost Liquidity and Realize Investment Gains
• Negative Sentiment: Valuation concerns are widespread: some commentators argue Palantir’s strong growth is priced for perfection and the stock could give back gains if growth expectations slip. That narrative limits upside for investors focused on valuation discipline. Prediction: This Is How Much Further Palantir Stock Could Fall in 2026
• Negative Sentiment: Broader software/AI sector weakness (the so‑called “SaaSpocalypse”) and some Wall Street calls to trim richly valued AI names create downside risk; short‑term volatility could persist even if fundamentals remain solid. 2 Artificial Intelligence (AI) Stocks to Sell Before They Fall 40% and 55%, According to Wall Street Analysts

Palantir Technologies Stock Performance

Shares of PLTR opened at $156.43 on Tuesday. The company has a 50-day simple moving average of $154.93 and a 200-day simple moving average of $169.08. The firm has a market capitalization of $374.13 billion, a P/E ratio of 248.31, a P/E/G ratio of 3.12 and a beta of 1.70. Palantir Technologies Inc. has a 52 week low of $66.12 and a 52 week 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 analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $1.34 billion. During the same period last year, the business earned $0.14 earnings per share. The firm’s revenue for the quarter was up 70.0% compared to the same quarter last year. As a group, equities analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current 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.