Palantir Technologies Inc. $PLTR Shares Sold by Intellus Advisors LLC

Intellus Advisors LLC cut its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 31.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,045 shares of the company’s stock after selling 11,615 shares during the period. Palantir Technologies accounts for approximately 0.6% of Intellus Advisors LLC’s investment portfolio, making the stock its 26th largest holding. Intellus Advisors LLC’s holdings in Palantir Technologies were worth $4,569,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Modern Wealth Management LLC lifted its stake in Palantir Technologies by 74.0% in the third quarter. Modern Wealth Management LLC now owns 29,979 shares of the company’s stock valued at $5,469,000 after buying an additional 12,749 shares during the last quarter. Guardian Capital LP grew its position in shares of Palantir Technologies by 10.6% during the third quarter. Guardian Capital LP now owns 7,376 shares of the company’s stock worth $1,346,000 after acquiring an additional 709 shares during the last quarter. Sunpointe LLC increased its holdings in shares of Palantir Technologies by 2.4% in the 3rd quarter. Sunpointe LLC now owns 3,959 shares of the company’s stock worth $722,000 after acquiring an additional 94 shares during the period. Paragon Financial Partners Inc. acquired a new stake in shares of Palantir Technologies in the 3rd quarter worth about $255,000. Finally, Integrity Advisory Solutions LLC bought a new stake in Palantir Technologies in the 3rd quarter valued at about $952,000. 45.65% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on PLTR. Phillip Securities started coverage on shares of Palantir Technologies in a research note on Thursday, January 22nd. They set a “buy” rating and a $208.00 target price for the company. Robert W. Baird upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price target on the stock in a research note on Tuesday, February 3rd. Freedom Capital raised Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 13th. UBS Group upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and reduced their price objective for the stock from $180.00 to $150.00 in a research report on Thursday, February 26th. Finally, Daiwa Securities Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a report on Tuesday, February 10th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $192.68.

Palantir Technologies Price Performance

Palantir Technologies stock opened at $157.16 on Friday. Palantir Technologies Inc. has a 12-month low of $66.12 and a 12-month high of $207.52. The stock has a market capitalization of $375.88 billion, a PE ratio of 249.46, a price-to-earnings-growth ratio of 2.94 and a beta of 1.70. The firm has a 50 day simple moving average of $155.48 and a 200-day simple moving average of $168.91.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The company’s revenue was up 70.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.14 earnings per share. On average, analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Geopolitical tailwind — Traders and analysts see Palantir as a direct beneficiary of the U.S.-Iran conflict given its deep ties to military and intelligence customers; defensive/A.I. spending expectations helped push the stock higher this week. Palantir rallies 15% for the week as Iran war boosts prospects, muting Anthropic concern
• Positive Sentiment: Legal win reduces IP/staff‑poaching risk — Court documents made public show a judge barred former employees from using Palantir’s proprietary data and soliciting staff, removing a near‑term competitive/legal overhang. Why Palantir Technologies Stock Popped on Friday
• Positive Sentiment: Analyst and estimate momentum — Piper Sandler and others have reiterated bullish ratings and several shops have lifted targets; earnings‑estimate revisions are trending higher, supporting the bullish narrative. Piper Sandler Remains a Buy on Palantir (PLTR) Earnings Estimates Moving Higher for Palantir
• Positive Sentiment: Strong fundamentals and AI traction — Recent results showed high revenue growth and expanding margins; investors cite Palantir’s AIP product and commercial momentum as durable growth drivers. Palantir Stock Rallies 12% in a Month: Buy, Hold, or Sell?
• Neutral Sentiment: Anthropic saga is unresolved — The Pentagon’s actions against Anthropic create both opportunity (less competition for defense work) and uncertainty; Anthropic vows to fight the designation, which keeps the outcome cloudy for contractors. Anthropic Vows Legal Fight Against Pentagon Sanction in AI Feud
• Negative Sentiment: Technical / product risk from Anthropic unwind — Reports say Palantir may need to replace Anthropic‑based components in key defense platforms, which could be costly and disruptive to Maven/AIP integrations. Palantir Faces Costly AI Overhaul After Trump Administration Bans Anthropic From Pentagon Work
• Negative Sentiment: Insider selling headline — High‑profile share sales (Peter Thiel) have grabbed attention; analysts mostly call it routine liquidity, but it can add short‑term sentiment pressure. Thiel Cashes Out $280M While the Palantir Faithful Do the Math
• Neutral Sentiment: Macro/tech weakness can dent gains — broader tech selling and global market jitters can cap upside even as defense names rally; expect headline‑driven volatility. TSLA, PLTR and SMCI Forecast – Tech Stocks Under Pressure Early

Insider Activity at Palantir Technologies

In other news, insider Ryan D. Taylor sold 19,988 shares of the firm’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 $2,672,795.36. Following the completion of the transaction, the insider owned 219,421 shares in the company, valued at approximately $29,340,976.12. This trade represents a 8.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Alexander C. Karp sold 493,025 shares of Palantir Technologies stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the completion of the transaction, the insider directly owned 6,432,258 shares in the company, valued at $860,507,475.24. This represents a 7.12% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,054,279 shares of company stock worth $142,212,233. Company insiders own 9.23% of the company’s stock.

About Palantir Technologies

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.