Atwood & Palmer Inc. Has $79.03 Million Holdings in Palantir Technologies Inc. $PLTR

Key Points

• Atwood & Palmer trimmed its Palantir stake by 1.3% to 444,613 shares, which remains its largest position and was valued at $79.03 million on the latest SEC filing.
• Company insiders have been significant sellers — CEO Alexander C. Karp sold 493,025 shares and insiders sold 1,029,879 shares (~$137.75M) over the last three months, though insiders still hold 9.23% of the stock.
• Palantir has fresh catalysts including a $300M USDA contract and ~70% YoY revenue growth, but the stock is contending with sector-driven selling and valuation concerns despite new buy ratings.

Atwood & Palmer Inc. trimmed its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 1.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 444,613 shares of the company's stock after selling 5,767 shares during the quarter. Palantir Technologies comprises 4.5% of Atwood & Palmer Inc.'s holdings, making the stock its biggest position. Atwood & Palmer Inc.'s holdings in Palantir Technologies were worth $79,030,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PLTR. Revolve Wealth Partners LLC bought a new stake in shares of Palantir Technologies during the 4th quarter worth about $450,000. Bison Wealth LLC raised its position in shares of Palantir Technologies by 37.4% during the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company's stock worth $1,296,000 after buying an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC raised its position in shares of Palantir Technologies by 38.0% during the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company's stock worth $1,447,000 after buying an additional 4,722 shares in the last quarter. Schnieders Capital Management LLC. raised its position in shares of Palantir Technologies by 36.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company's stock worth $858,000 after buying an additional 1,694 shares in the last quarter. Finally, Vivaldi Capital Management LP bought a new stake in shares of Palantir Technologies during the 2nd quarter worth about $315,000. 45.65% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, 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 sale, the insider directly owned 6,432,258 shares in the company, valued at $860,507,475.24. The trade was a 7.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Shyam Sankar sold 168,004 shares of the business's stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,029,879 shares of company stock worth $137,746,253. Company insiders own 9.23% of the company's stock.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Won a $300M Blanket Purchase Agreement with the U.S. Department of Agriculture — expands Palantir’s government revenue runway and ties the company to a politically important national farm-security initiative. USDA and Palantir sign $300 million software purchase agreement
• Positive Sentiment: DZ Bank initiated coverage with a Buy and $175 price target — a fresh institutional buy-rating that signals more analyst conviction and a material upside target vs. current levels. DZ Bank Just Launched Palantir at Buy With a $175 Target
• Positive Sentiment: Recent results show strong top-line momentum ( ~70% revenue growth cited by market coverage), supporting the narrative that Palantir is still scaling quickly. Palantir Rallies 4% as 70% Revenue Surge Overshadows Mizuho Price Target Cut
• Neutral Sentiment: Upcoming earnings/announcements could be an early AI-sector catalyst — one write-up flags a May earnings print that may move AI peers ahead of Nvidia. Timing makes the next few weeks important for sentiment. Palantir Earnings Could Ignite AI Stocks Before Nvidia
• Neutral Sentiment: New specialist ecosystem activity (Vanyar launch focused on Palantir Foundry/AIP) could help enterprise adoption but is too early to quantify. Palantir and AIP Specialist Firm, Vanyar, Launches
• Negative Sentiment: Stock sold off amid a broader software/AI rotation and risk‑off trade (investors moving to defensives as oil/bonds move), which overwhelmed company-specific positives today. Market-flow headlines flagged the same sector-driven pressure. Here's Why Palantir Stock Is Dropping 8% Despite A $300 Million Contract Win
• Negative Sentiment: Valuation and momentum concerns persist — some analysts/covers have trimmed targets or flagged downside risk, and commentary warns the rally may be vulnerable if growth expectations are repriced. Wall Street May Be Too Optimistic About Palantir -- 2 Red Flags Investors Shouldn't Ignore
• Negative Sentiment: Reputational noise from management’s public statements/“manifesto” and light-hearted merch has drawn media attention — such controversies can introduce political and PR risk given Palantir’s heavy government exposure. Palantir published a mini manifesto calling some cultures ‘harmful and middling’

Palantir Technologies Price Performance

NASDAQ PLTR opened at $141.57 on Friday. The company's 50 day simple moving average is $144.50 and its 200 day simple moving average is $164.12. Palantir Technologies Inc. has a 12 month low of $100.91 and a 12 month high of $207.52. The company has a market capitalization of $338.59 billion, a P/E ratio of 224.72, a PEG ratio of 2.94 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the previous year, the firm earned $0.14 EPS. The business's revenue for the quarter was up 70.0% on a year-over-year basis. On average, analysts anticipate that Palantir Technologies Inc. will post 1.05 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on PLTR. HSBC upgraded shares of Palantir Technologies from a "hold" rating to a "buy" rating and set a $205.00 price target on the stock in a research report on Tuesday, February 3rd. Cantor Fitzgerald restated a "neutral" rating on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Piper Sandler restated an "overweight" rating and set a $230.00 price target on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Zacks Research downgraded shares of Palantir Technologies from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 30th. Finally, Northland Securities upgraded shares of Palantir Technologies from a "market perform" rating to an "outperform" rating and set a $190.00 price target on the stock in a research report on Tuesday, February 3rd. One 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 issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $196.35.

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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