Jaffetilchin Investment Partners LLC lowered its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 10.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,679 shares of the company’s stock after selling 4,122 shares during the quarter. Jaffetilchin Investment Partners LLC’s holdings in Palantir Technologies were worth $6,342,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the company. Bare Financial Services Inc increased its holdings in shares of Palantir Technologies by 54.5% in the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after acquiring an additional 55 shares during the last quarter. Delos Wealth Advisors LLC bought a new position in Palantir Technologies during the second quarter worth $29,000. Zeit Capital LLC bought a new position in Palantir Technologies during the second quarter worth $30,000. Financial Consulate Inc. acquired a new position in Palantir Technologies in the third quarter worth $30,000. Finally, Retirement Wealth Solutions LLC acquired a new position in Palantir Technologies in the third quarter worth $31,000. Institutional investors own 45.65% of the company’s stock.
Insider Transactions at Palantir Technologies
In other news, insider Stephen Andrew Cohen sold 327,088 shares of the business’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 transaction of $43,738,207.36. Following the completion of the transaction, the insider directly owned 592 shares in the company, valued at approximately $79,162.24. The trade was a 99.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Alexander C. Karp sold 493,025 shares of the stock in a transaction that occurred on 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 transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at $860,507,475.24. This trade represents a 7.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,045,279 shares of company stock worth $140,539,043 in the last quarter. 12.93% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on PLTR
Trending Headlines about Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Stellantis renewed and expanded its long-standing Palantir partnership for an additional five years, broadening use of Foundry and Palantir AI across global operations — a sizable, material commercial win that strengthens recurring revenue prospects. Palantir Technologies Announces the Renewal and Expansion of Its Partnership With Stellantis for an Additional Five Years
- Positive Sentiment: Palantir and Bain expanded a partnership to accelerate enterprise AI deployments, embedding Palantir’s platform and engineers into Bain consulting engagements — a move that could accelerate commercial adoption outside government. Palantir And Bain Partnership Aims To Expand Enterprise AI Deployments
- Positive Sentiment: Defense momentum: Palantir’s Maven Smart System earned program‑of‑record designation from the U.S. DoD and the U.K. FCA is piloting a Palantir system — these government endorsements reduce sales risk and support long-term contracted revenue. Palantir Technologies Just Banked a Blockbuster Week. 3 Important Developments Every Shareholder Should Know.
- Positive Sentiment: Palantir and Anduril are collaborating on core software for the U.S. “golden dome” missile‑defense program — a high‑profile defense project that could translate into multiyear government spend. Palantir Is Developing the ‘Core’ of the Golden Dome. Does That Make PLTR Stock a Buy Now?
- Neutral Sentiment: Macro/sector pressure: a broader tech pullback and rotation away from richly valued growth names is compressing multiples across the group, which weighs on PLTR despite company‑specific wins. Big Tech Stocks Rout Is Flashing Signals of a Turnaround
- Negative Sentiment: Valuation concerns: several outlets questioned whether Palantir’s partnerships justify one of the market’s highest forward P/Es, prompting profit‑taking and skepticism that growth will fully justify current multiples. Palantir Drops 4%: Can Its AI Partnerships Justify One of the Market’s Most Expensive Valuations?
- Negative Sentiment: Regulatory/political risk: UK ministers are reported to be exploring a break clause in Palantir’s NHS contract, creating potential revenue disruption and reputational risk in a high‑profile public sector account. Ministers explore triggering break clause in Palantir’s NHS contract
Palantir Technologies Stock Performance
Shares of PLTR opened at $137.55 on Tuesday. The firm has a fifty day moving average of $147.39 and a 200-day moving average of $168.35. The company has a market cap of $328.98 billion, a price-to-earnings ratio of 218.34, a price-to-earnings-growth ratio of 2.84 and a beta of 1.70. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its quarterly earnings data 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 analysts’ expectations of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company’s revenue for the quarter was up 70.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.14 EPS. Analysts predict that Palantir Technologies Inc. will post 0.31 EPS 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.
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