Blue Sky Capital Consultants Group Inc. Has $16.26 Million Stake in Palantir Technologies Inc. $PLTR

Key Points

• Blue Sky Capital trimmed its stake in Palantir by 5.7%, holding 91,452 shares (after selling 5,545) worth about $16.26 million, which represents ~7.1% of the firm's portfolio and is its third-largest position.
• Large insider sales: Shyam Sankar sold 168,004 shares (~$22.47M) and David Glazer sold 17,438 shares, with insiders selling a total of 1,029,879 shares valued at ~$137.75M over the last three months while still owning 9.23% of the company.
• Palantir reported strong Q4 results (revenue $1.41B, up 70%, and an EPS beat), but trades at rich multiples (market cap ~$306B, P/E ~203) amid mixed analyst ratings, competition from AI rivals like Anthropic, and headline-driven volatility (e.g., Michael Burry's bearish bets).

Blue Sky Capital Consultants Group Inc. decreased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 91,452 shares of the company's stock after selling 5,545 shares during the quarter. Palantir Technologies accounts for approximately 7.1% of Blue Sky Capital Consultants Group Inc.'s investment portfolio, making the stock its 3rd largest position. Blue Sky Capital Consultants Group Inc.'s holdings in Palantir Technologies were worth $16,256,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of PLTR. Bare Financial Services Inc lifted its position 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 purchasing an additional 55 shares during the period. Delos Wealth Advisors LLC bought a new stake in Palantir Technologies during the second quarter worth about $29,000. Zeit Capital LLC bought a new stake in Palantir Technologies during the second quarter worth about $30,000. Financial Consulate Inc. bought a new stake in Palantir Technologies during the third quarter worth about $30,000. Finally, Retirement Wealth Solutions LLC bought a new stake in Palantir Technologies during the third quarter worth about $31,000. Institutional investors own 45.65% of the company's stock.

More Palantir Technologies News

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

• Positive Sentiment: Political and defense tailwinds: President Trump publicly praised Palantir’s warfighting capabilities and the company is tied to sizable Pentagon programs (Maven expansion, Army procurement pathways) that support revenue visibility for defense customers. QuiverQuant: Trump Praises Palantir
• Positive Sentiment: Bull analyst views and high price targets: Several firms (including Wedbush) have reiterated bullish targets (Wedbush $230) and some investors call the sell‑off overdone, arguing for large upside from current levels. That support can attract dip buyers. Benzinga: Wall Street Bull Sees 70% Upside
• Positive Sentiment: Technical/bounce signals: Short-term trading signals triggered intraday support and produced a modest rebound, indicating active momentum traders are buying dips. Benzinga: Trading Signal
• Neutral Sentiment: Strong fundamentals but rich expectations: Palantir reported robust revenue growth and improving margins (background Q4 strength), which underpins long-term case — but much of that is already priced in. MarketBeat: PLTR Fundamentals
• Neutral Sentiment: Analyst divergence widens volatility: While some firms keep high targets, others highlight execution/valuation risk — that split increases intraday swings and investor disagreement over fair value. Zacks: Valuation Comparison
• Negative Sentiment: High-profile bearish catalyst — Michael Burry: Burry publicly reiterated and expanded bearish bets (long‑dated puts) and wrote that Anthropic is "eating Palantir’s lunch," which sparked a sharp, sentiment-driven sell‑off and headline volatility. CNBC: Burry Still Betting Against Palantir
• Negative Sentiment: Anthropic/AI competition fear: Launches like Anthropic’s Mythos heightened concerns that cheaper, easier-to-deploy AI models could reallocate enterprise AI spend away from Palantir’s heavier platform. That sector narrative pressured software peers too. Investopedia: Anthropic Shockwave
• Negative Sentiment: Valuation and insider selling: PLTR trades at very rich multiples vs. earnings, leaving little margin for disappointment; public disclosures show significant insider sales that some investors read as cautionary. QuiverQuant: Valuation & Insider Activity

Insider Buying and Selling

In other news, insider Shyam Sankar sold 168,004 shares of the company'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 value of $22,465,494.88. Following the completion of the transaction, the insider owned 642,786 shares of the company's stock, valued at $85,953,343.92. This represents a 20.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider David A. Glazer sold 17,438 shares of the company's stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $2,331,809.36. Following the completion of the transaction, the insider directly owned 392,370 shares of the company's stock, valued at $52,467,716.40. This represents a 4.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,029,879 shares of company stock valued at $137,746,253 over the last three months. Insiders own 9.23% of the company's stock.

Palantir Technologies Trading Down 1.9%

PLTR stock opened at $128.01 on Friday. The firm has a 50-day moving average price of $143.96 and a 200-day moving average price of $166.37. Palantir Technologies Inc. has a 12 month low of $85.47 and a 12 month high of $207.52. The stock has a market capitalization of $306.15 billion, a P/E ratio of 203.19, a price-to-earnings-growth ratio of 2.54 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings data 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 return on equity of 23.81% and a net margin of 36.31%.The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the prior year, the firm posted $0.14 earnings per share. The firm's revenue was up 70.0% compared to the same quarter last year. As a group, equities analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Analyst Ratings Changes

PLTR has been the subject of several recent analyst reports. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Benchmark initiated coverage on shares of Palantir Technologies in a research report on Wednesday, April 1st. They set a "hold" rating for the company. Wedbush reaffirmed an "outperform" rating and set a $230.00 price objective on shares of Palantir Technologies in a research report on Friday. William Blair raised shares of Palantir Technologies from a "market perform" rating to an "outperform" rating in a research report on Monday, February 2nd. Finally, The Goldman Sachs Group cut their price objective on shares of Palantir Technologies from $188.00 to $182.00 in a research report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $197.77.

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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