Ashton Thomas Private Wealth LLC Buys 6,895 Shares of Palantir Technologies Inc. $PLTR

Key Points

• Ashton Thomas Private Wealth LLC boosted its Palantir stake by 8.1%, buying 6,895 shares to hold 92,009 shares worth about $16.36 million at quarter-end.
• Significant insider selling: CEO Alexander Karp sold 493,025 shares for roughly $65.96 million on Feb. 20, and insiders have sold 1,029,879 shares (~$137.75 million) over the past 90 days, leaving insiders with 12.93% ownership.
• Palantir beat quarterly estimates (EPS $0.25 vs. $0.23) with revenue of $1.41 billion, up 70% year‑over‑year, has a market cap of $342.23 billion, a consensus "Moderate Buy" analyst rating (target $196.35), and recent wins (including a $300M USDA deal) that bolster government revenue visibility amid valuation and execution skepticism.

Ashton Thomas Private Wealth LLC boosted its stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 8.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,009 shares of the company's stock after purchasing an additional 6,895 shares during the period. Ashton Thomas Private Wealth LLC's holdings in Palantir Technologies were worth $16,355,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bare Financial Services Inc lifted its stake in 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 purchasing an additional 55 shares during the last quarter. Financial Consulate Inc. bought a new position in Palantir Technologies in the 3rd quarter valued at approximately $30,000. United Financial Planning Group LLC bought a new position in Palantir Technologies in the 3rd quarter valued at approximately $32,000. Flagship Wealth Advisors LLC bought a new position in Palantir Technologies in the 3rd quarter valued at approximately $32,000. Finally, Morton Brown Family Wealth LLC lifted its stake in Palantir Technologies by 250.0% in the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company's stock valued at $31,000 after purchasing an additional 125 shares during the last quarter. Institutional investors own 45.65% of the company's stock.

Insider Activity at Palantir Technologies

In other news, insider Alexander C. Karp sold 493,025 shares of the stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Jeffrey Buckley sold 1,232 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total transaction of $159,026.56. Following the sale, the insider owned 43,108 shares of the company's stock, valued at approximately $5,564,380.64. This trade represents a 2.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,029,879 shares of company stock valued at $137,746,253 over the last 90 days. 12.93% of the stock is owned by company insiders.

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR opened at $143.09 on Monday. Palantir Technologies Inc. has a 52-week low of $105.32 and a 52-week high of $207.52. The firm has a 50 day moving average price of $144.74 and a two-hundred day moving average price of $163.60. The stock has a market cap of $342.23 billion, a P/E ratio of 227.13, a price-to-earnings-growth ratio of 2.75 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.34 billion. During the same period in the prior year, the company posted $0.14 EPS. The company's revenue was up 70.0% on a year-over-year basis. Analysts predict that Palantir Technologies Inc. will post 1.05 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: Won a $300M USDA agreement to modernize farm program operations and national farm security — a meaningful, non‑defense expansion of Palantir’s government footprint that supports durable revenue growth. Palantir Aims to Protect the U.S. Food Supply. Is Its $300M USDA Deal Important for PLTR Stock?
• Positive Sentiment: Multiple federal contract wins and a reported Pentagon program of record (plus cited DHS and FAA opportunities) reinforce Palantir’s government revenue runway and give analysts confidence in multi‑year visibility. This is a key driver behind recent bullish analyst notes. Why Palantir's Story Just Entered A New Phase
• Positive Sentiment: New buy coverage from DZ Bank (launch at Buy, $175 target) and other bullish analyst updates are providing near‑term support and a higher reference price for investors. DZ Bank Just Launched Palantir at Buy With a $175 Target
• Positive Sentiment: Macro AI narrative and coverage placing Palantir among AI “trillion‑dollar contenders” (AIP platform and boot camps highlighted) support long‑term upside expectations for investors focused on AI platform plays. Palantir Technologies (PLTR): The Trillion-Dollar Contender Nobody Is Talking About
• Neutral Sentiment: Vanyar and third‑party ecosystem builds (AIP/Foundry specialists) could accelerate enterprise adoption but are early stage — important for execution but not immediate revenue drivers. Palantir and AIP Specialist Firm, Vanyar, Launches
• Negative Sentiment: Activist/ESG pressure: campaigners urged the Swiss National Bank to sell its ~$1.1B Palantir stake over immigration‑enforcement ties — reputational risk that can attract headline volatility and politically driven selling. Swiss National Bank Urged to Offload $1.1B Palantir (PLTR) Stake, Here’s Why
• Negative Sentiment: Shares recently pulled back sharply (single‑day drops ~7–8%) as a broader software/AI rotation and short‑term risk‑off hit growth names — traders selling into headlines despite contract wins. That momentum swing is the main reason for intraday weakness. Here's Why Palantir Stock Is Dropping 8% Despite A $300 Million Contract Win
• Negative Sentiment: Critical commentary (AI no longer differentiator; warnings that Wall Street may be overly optimistic) highlights execution and valuation risks — useful caution for investors chasing momentum. Palantir: AI No Longer A Differentiator

Wall Street Analyst Weigh In

Several equities analysts recently commented on PLTR shares. Jefferies Financial Group set a $208.00 price objective on shares of Palantir Technologies in a research note on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $200.00 price objective on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Zacks Research cut shares of Palantir Technologies from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 30th. Truist Financial assumed coverage on shares of Palantir Technologies in a research report on Tuesday, January 6th. They issued a "buy" rating and a $223.00 price target for the company. Finally, William Blair upgraded shares of Palantir Technologies from a "market perform" rating to an "outperform" rating in a research report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $196.35.

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.

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