Western Wealth Management LLC Buys 12,108 Shares of Palantir Technologies Inc. $PLTR

Western Wealth Management LLC increased its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 30.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 52,175 shares of the company’s stock after acquiring an additional 12,108 shares during the period. Western Wealth Management LLC’s holdings in Palantir Technologies were worth $9,518,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Briaud Financial Planning Inc purchased a new position in shares of Palantir Technologies during the 2nd quarter valued at about $27,000. LFA Lugano Financial Advisors SA bought a new position in Palantir Technologies during the second quarter valued at approximately $27,000. Frazier Financial Advisors LLC purchased a new position in shares of Palantir Technologies during the second quarter worth approximately $28,000. Delos Wealth Advisors LLC purchased a new position in shares of Palantir Technologies during the second quarter worth approximately $29,000. Finally, Zeit Capital LLC bought a new stake in shares of Palantir Technologies in the 2nd quarter worth approximately $30,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Wall Street Analyst Weigh In

PLTR has been the topic of a number of analyst reports. DA Davidson decreased their target price on shares of Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $200.00 price objective on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Mizuho set a $195.00 target price on Palantir Technologies in a research note on Tuesday, February 3rd. Cantor Fitzgerald restated a “neutral” rating on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Finally, Bank of America lifted their price target on Palantir Technologies from $215.00 to $255.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Eleven research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $191.95.

Palantir Technologies News Roundup

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

• Positive Sentiment: Blowout Q4 results: Palantir reported ~ $1.4B revenue (+70% YoY), beat EPS, showed huge U.S. commercial growth and stronger margins — the core fundamental catalyst that pushed upgrades and buying interest. Analysts Boost Targets After Earnings Blowout
• Positive Sentiment: Analyst upgrades and higher targets: Multiple shops (HSBC, Deutsche Bank, Northland, others) raised ratings/targets after Q4, providing short‑term momentum and institutional interest. HSBC Upgrades PLTR to Buy
• Neutral Sentiment: Research firms raising near‑term estimates: Northland and others lifted quarterly/annual EPS and issued Outperform/price‑target notes — helpful for modeling but not unanimous buy confirmation. Northland Raises Estimates
• Neutral Sentiment: Commercial partnerships expanding reach: New Cognizant partnership to embed Palantir Foundry/AIP into healthcare and enterprise operations — supports longer‑term commercial adoption but uncertain near‑term revenue impact. Cognizant Partnership
• Neutral Sentiment: Minor insider selling disclosed (director sales) — small in dollar terms but worth monitoring for ownership trends. Insider Sale Filing
• Negative Sentiment: Valuation concerns: Despite strong growth, commentators and some sell‑side analysts warn PLTR trades at very rich multiples (high P/E, P/S), leaving the stock vulnerable to multiple compression. Valuation Concerns Weigh
• Negative Sentiment: Target trims and downgrades: A few shops pared targets or trimmed outlooks (e.g., DA Davidson), adding near‑term selling pressure despite the beat. Price Target Lowered to $180
• Negative Sentiment: Sector rotation / AI selloff: Broader tech and AI weakness has pulled high‑beta winners lower and can offset company‑specific positive news during risk‑off moves. AI Worries Slam Tech Stocks

Insider Activity

In other Palantir Technologies news, insider Ryan D. Taylor sold 12,000 shares of Palantir Technologies stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the sale, the insider directly owned 239,409 shares of the company’s stock, valued at approximately $43,416,822.15. The trade was a 4.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider David A. Glazer sold 9,000 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $185.91, for a total value of $1,673,190.00. Following the completion of the transaction, the insider directly owned 413,639 shares of the company’s stock, valued at $76,899,626.49. This represents a 2.13% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 1,023,844 shares of company stock worth $167,455,085. 9.23% of the stock is owned by company insiders.

Palantir Technologies Stock Performance

NASDAQ PLTR opened at $135.90 on Monday. The stock has a market cap of $323.91 billion, a P/E ratio of 215.72, a price-to-earnings-growth ratio of 2.61 and a beta of 1.64. Palantir Technologies Inc. has a fifty-two week low of $66.12 and a fifty-two week high of $207.52. The stock has a 50 day simple moving average of $173.84 and a two-hundred day simple moving average of $173.38.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating 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 company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the prior year, the company earned $0.14 earnings per share. The firm’s revenue for the quarter was up 70.0% on a year-over-year basis. Sell-side analysts predict 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.