AE Wealth Management LLC Buys 14,787 Shares of Palantir Technologies Inc. $PLTR

Key Points

• AE Wealth Management LLC increased its Palantir stake by 3.0% in Q4, buying 14,787 shares to hold 510,699 shares valued at $90,777,000 at quarter-end.
• Palantir reported strong results with revenue of $1.41 billion (up 70% year-over-year) and EPS of $0.25 beating estimates; analysts' consensus is a "Moderate Buy" with an average price target of $197.32.
• Insiders have been net sellers, offloading about 1,029,879 shares (~$137.7M) in the last 90 days, and valuation/short-seller concerns (P/E ~226.6 and critics like Michael Burry) keep downside risk for the stock.

AE Wealth Management LLC grew its stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 3.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 510,699 shares of the company's stock after acquiring an additional 14,787 shares during the quarter. AE Wealth Management LLC's holdings in Palantir Technologies were worth $90,777,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Occidental Asset Management LLC lifted its stake in Palantir Technologies by 2.8% in the third quarter. Occidental Asset Management LLC now owns 1,964 shares of the company's stock valued at $358,000 after acquiring an additional 53 shares during the last quarter. Gallacher Capital Management LLC lifted its stake in Palantir Technologies by 2.2% in the third quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company's stock valued at $447,000 after acquiring an additional 53 shares during the last quarter. Bare Financial Services Inc lifted its stake in Palantir Technologies by 54.5% in the third 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. Lionshead Wealth Management LLC lifted its stake in Palantir Technologies by 0.4% in the third quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company's stock valued at $2,395,000 after acquiring an additional 56 shares during the last quarter. Finally, Ellenbecker Investment Group lifted its stake in Palantir Technologies by 3.6% in the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company's stock valued at $295,000 after acquiring an additional 57 shares during the last quarter. 45.65% of the stock is owned by institutional investors.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: AI narrative and analyst upgrades are supporting the move — several headlines highlight renewed momentum, rating upgrades and investor interest tied to Palantir’s AIP and enterprise traction. AI Momentum Lifts Intel, Palantir Ratings
• Positive Sentiment: Political endorsement and publicity have sparked buying interest (Trump praise and broader retail/institution buzz), reinforcing defense/government contract sentiment. QuiverQuant: Opinions on President Trump's Praise
• Positive Sentiment: Product-led growth: coverage points to Palantir’s AIP driving triple-digit U.S. commercial growth and potential long-term, program-of-record defense wins — a structural growth argument for bulls. Got $3,000? Palantir Might Be the 1 Defense‑Tech Name
• Neutral Sentiment: Technicals: several pieces note PLTR is “approaching a breakout level” after a deep correction — that can attract momentum traders but is not a fundamental endorsement. Palantir Stock Approaches Major Breakout Level
• Neutral Sentiment: DA Davidson reaffirmed a “neutral” rating with a $180 price target, signaling upside in models but tempered conviction — useful context for traders assessing risk/reward. Benzinga: DA Davidson Rating
• Negative Sentiment: Valuation remains a central worry: multiple analysts and commentators warn PLTR still trades at a premium and that any execution slip could trigger a sharp pullback. A 35% Dip Is Here for Palantir Stock
• Negative Sentiment: Michael Burry and other skeptics continue to publicly short/criticize PLTR, raising headlines about competition from firms like Anthropic and keeping downside narrative alive. Michael Burry Thinks Anthropic is Eating the Lunch of Palantir
• Negative Sentiment: Despite AI tailwinds, coverage flags that the stock “slides despite strong AI narrative” and notes dilution/insider selling as structural negatives for longer-term holders. Palantir Slides Despite Strong AI Narrative

Wall Street Analyst Weigh In

A number of analysts have commented on PLTR shares. Citigroup increased their price target on shares of Palantir Technologies from $235.00 to $260.00 and gave the company a "buy" rating in a research note on Tuesday, February 3rd. Cantor Fitzgerald reiterated a "neutral" rating on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Daiwa Securities Group upgraded shares of Palantir Technologies from a "neutral" rating to a "buy" rating and set a $180.00 price target for the company in a research note on Tuesday, February 10th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Palantir Technologies in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $200.00 price target on shares of Palantir Technologies in a research note on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $197.32.

Palantir Technologies Stock Performance

Shares of PLTR opened at $142.76 on Friday. Palantir Technologies Inc. has a 52 week low of $89.31 and a 52 week high of $207.52. The firm's 50-day simple moving average is $143.51 and its 200 day simple moving average is $165.33. The firm has a market cap of $341.44 billion, a P/E ratio of 226.61, a price-to-earnings-growth ratio of 2.82 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $1.34 billion. During the same quarter in the previous year, the company earned $0.14 EPS. The business's revenue was up 70.0% on a year-over-year basis. As a group, equities analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insiders Place Their Bets

In other Palantir Technologies news, insider Shyam Sankar sold 168,004 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $22,465,494.88. Following the completion of the sale, the insider owned 642,786 shares in the company, valued at $85,953,343.92. The trade was a 20.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total transaction of $159,026.56. Following the completion of the sale, the insider owned 43,108 shares of the company's stock, valued at $5,564,380.64. This trade represents a 2.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,029,879 shares of company stock worth $137,746,253. 9.23% of the stock is currently owned by insiders.

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.

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