Northstar Advisory Group LLC Has $1.53 Million Stock Position in Palantir Technologies Inc. $PLTR

Northstar Advisory Group LLC lessened its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 34.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 8,630 shares of the company’s stock after selling 4,498 shares during the period. Northstar Advisory Group LLC’s holdings in Palantir Technologies were worth $1,534,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bare Financial Services Inc lifted its holdings in Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after acquiring an additional 55 shares during the period. Financial Consulate Inc. purchased a new position in Palantir Technologies in the third quarter worth $30,000. Retirement Wealth Solutions LLC bought a new position in shares of Palantir Technologies during the 3rd quarter valued at about $31,000. United Financial Planning Group LLC bought a new stake in shares of Palantir Technologies in the 3rd quarter worth approximately $32,000. Finally, Flagship Wealth Advisors LLC bought a new stake in Palantir Technologies in the third quarter worth $32,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

Palantir Technologies Stock Down 3.9%

PLTR stock opened at $137.55 on Tuesday. Palantir Technologies Inc. has a 52 week low of $66.12 and a 52 week high of $207.52. The company has a fifty day simple moving average of $147.39 and a two-hundred day simple moving average of $168.35. The firm has a market capitalization of $328.98 billion, a P/E ratio of 218.34, a price-to-earnings-growth ratio of 2.84 and a beta of 1.70.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.Palantir Technologies’s revenue was up 70.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.14 EPS. As a group, analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current year.

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

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $129.08, for a total value of $159,026.56. Following the completion of the transaction, the insider owned 43,108 shares of the company’s stock, valued at approximately $5,564,380.64. The trade was a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Alexander C. Karp sold 493,025 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were 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 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. Over the last three months, insiders have sold 1,045,279 shares of company stock worth $140,539,043. 12.93% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages recently issued reports on PLTR. Truist Financial assumed coverage on Palantir Technologies in a report on Tuesday, January 6th. They set a “buy” rating and a $223.00 price target on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $200.00 price objective on shares of Palantir Technologies in a research note on Tuesday, February 3rd. UBS Group increased their target price on Palantir Technologies from $180.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, March 18th. Mizuho upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 price objective for the company in a report on Wednesday, February 18th. Finally, Robert W. Baird upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective on the stock in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $198.59.

Palantir Technologies 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.