QP Wealth Management LLC Buys New Position in Palantir Technologies Inc. $PLTR

QP Wealth Management LLC purchased a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 16,186 shares of the company’s stock, valued at approximately $2,877,000. Palantir Technologies makes up about 2.5% of QP Wealth Management LLC’s holdings, making the stock its 10th biggest position.

A number of other institutional investors also recently made changes to their positions in PLTR. Vanguard Group Inc. raised its holdings in Palantir Technologies by 4.0% during the third quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock worth $39,017,133,000 after purchasing an additional 8,168,604 shares in the last quarter. State Street Corp boosted its stake in Palantir Technologies by 7.2% during the 3rd quarter. State Street Corp now owns 101,258,899 shares of the company’s stock valued at $18,471,648,000 after purchasing an additional 6,777,771 shares in the last quarter. Norges Bank acquired a new position in shares of Palantir Technologies during the 2nd quarter valued at $3,307,457,000. Invesco Ltd. increased its position in shares of Palantir Technologies by 5.9% during the 3rd quarter. Invesco Ltd. now owns 21,798,785 shares of the company’s stock valued at $3,976,534,000 after purchasing an additional 1,213,529 shares during the period. Finally, Northern Trust Corp raised its stake in shares of Palantir Technologies by 3.8% in the 3rd quarter. Northern Trust Corp now owns 21,088,462 shares of the company’s stock worth $3,846,957,000 after buying an additional 769,238 shares in the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies News Roundup

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

• Positive Sentiment: Keel Holdings joined Palantir on the Navy’s ShipOS effort, expanding Palantir’s footprint in U.S. shipbuilding on a program backed by up to $448M of authorized funding — a sizable government revenue catalyst for PLTR. A Quiet Navy Shipbuilding Move Just Put Palantir’s Software Deeper Into the Yard
• Positive Sentiment: UBS raised Palantir’s price target to $200, reiterating conviction after meeting company executives — analyst support can underpin further rallies and reduce near-term downside. UBS Group Raises Palantir Technologies (NASDAQ:PLTR) Price Target to $200.00
• Positive Sentiment: Palantir and NVIDIA unveiled a sovereign AI OS reference architecture (aimed at sensitive government and enterprise use cases), reinforcing TAM expansion in “physical AI” and strategic OEM partnerships. This bolsters the long‑term commercial growth narrative. Palantir Is Launching New AI OS Reference Architecture with Nvidia. Should You Buy PLTR Stock?
• Positive Sentiment: Investors and traders are highlighting Palantir’s strong Q4 results (70% revenue growth), a large $11.2B backlog and new defense/commercial contracts (Air Force, GE Aerospace) that support earnings acceleration expectations. Palantir Technologies Stock (PLTR) Opinions on Earnings Acceleration and New Deals
• Neutral Sentiment: Palantir inked a partnership with Moder to build AI mortgage operations software (pilot with Freedom Mortgage) — a commercial win but early-stage revenue implications. Palantir and Moder Partner to Transform Mortgage Industry
• Neutral Sentiment: PLTR is a top holding in thematic funds (e.g., ARKK); flows into/out of those ETFs can amplify moves but don’t change fundamentals — watch ETF positioning for short‑term pressure or relief. Is the ARK Innovation ETF Finding a Floor? Tesla and Robinhood Set the Tone (PLTR)
• Negative Sentiment: Valuation concerns persist—PLTR trades at very high multiples versus peers, and several commentaries warn the market may already price in much of the upside; lofty multiples increase downside risk if growth slows. Is It Too Late to Buy Palantir, or Is the Market Still Missing Something?
• Negative Sentiment: High-profile skeptics and notable short activity (media headlines and investor attacks) keep volatility elevated — continued negative press or insider sales could pressure the stock despite strong execution. Michael Burry Rails Against the Media Over Palantir Coverage

Palantir Technologies Trading Down 3.2%

NASDAQ PLTR opened at $150.68 on Friday. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52. The company has a market cap of $360.38 billion, a PE ratio of 239.18, a PEG ratio of 3.09 and a beta of 1.70. The stock’s 50-day moving average price is $150.53 and its two-hundred day moving average price is $168.60.

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. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. 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 firm posted $0.14 earnings per share. The firm’s quarterly revenue was up 70.0% compared to the same quarter last year. Research analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on PLTR shares. UBS Group raised their target price on Palantir Technologies from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday. Weiss Ratings lowered shares of Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Truist Financial initiated coverage on shares of Palantir Technologies in a research note on Tuesday, January 6th. They issued a “buy” rating and a $223.00 price objective on the stock. Daiwa Securities Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 target price for the company in a research note on Tuesday, February 10th. Finally, Loop Capital reduced their target price on shares of Palantir Technologies from $230.00 to $220.00 and set a “buy” rating for the company in a report on Friday, January 30th. Two research 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 assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $196.32.

Insider Activity

In other news, insider David A. Glazer sold 17,438 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the transaction, the insider owned 392,370 shares in the company, valued at approximately $52,467,716.40. The trade was a 4.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Alexander C. Karp sold 493,025 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.78, for a total value of $65,956,884.50. Following the completion of the sale, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $860,507,475.24. This represents a 7.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,045,279 shares of company stock worth $140,539,043. 9.23% of the stock is owned by corporate insiders.

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.