Chapin Davis Inc. Has $8.78 Million Stake in Palantir Technologies Inc. $PLTR

Key Points

• Chapin Davis cut its stake in Palantir by 32.2%, selling 23,431 shares and now holding 49,370 shares worth about $8.78 million, roughly 2.1% of the fund's portfolio (its 13th-largest holding).
• Heavy insider selling—company insiders sold 1,029,879 shares in the last 90 days (≈$137.7 million), including notable sales by Ryan D. Taylor and Shyam Sankar, leaving insiders owning 12.93% of the stock.
• Palantir has recent commercial and government wins (a multi‑year AI deal with Cleveland‑Cliffs and an estimated $300M USDA agreement) but faces European regulatory/contract setbacks and hyperscaler competition; analysts' consensus is a Moderate Buy with an average price target of about $194.17.

Chapin Davis Inc. lowered its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 32.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 49,370 shares of the company's stock after selling 23,431 shares during the period. Palantir Technologies makes up approximately 2.1% of Chapin Davis Inc.'s portfolio, making the stock its 13th biggest holding. Chapin Davis Inc.'s holdings in Palantir Technologies were worth $8,776,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in PLTR. Revolve Wealth Partners LLC bought a new position in shares of Palantir Technologies in the fourth quarter valued at approximately $450,000. Bison Wealth LLC grew its holdings in shares of Palantir Technologies by 37.4% in the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company's stock valued at $1,296,000 after acquiring an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC grew its holdings in shares of Palantir Technologies by 38.0% in the first quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company's stock valued at $1,447,000 after acquiring an additional 4,722 shares in the last quarter. Schnieders Capital Management LLC. grew its holdings in shares of Palantir Technologies by 36.8% in the second quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company's stock valued at $858,000 after acquiring an additional 1,694 shares in the last quarter. Finally, Vivaldi Capital Management LP bought a new position in shares of Palantir Technologies in the second quarter valued at approximately $315,000. Institutional investors and hedge funds own 45.65% of the company's stock.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Cleveland‑Cliffs signed a multi‑year AI integration deal with Palantir to modernize manufacturing operations across North American facilities — a revenue and commercial‑wins signal for PLTR. Cleveland‑Cliffs Partners With Palantir
• Positive Sentiment: Palantir reportedly secured a large USDA Blanket Purchase Agreement (~$300M) to modernize national farm security — a meaningful government backlog item that supports recurring revenue expectations. Palantir Secures $300M USDA Agreement
• Neutral Sentiment: Investors are focused on Palantir’s Q1 report (May 4). Analysts warn results and forward guidance could swing sentiment sharply — good beats could restore the rally narrative; any weakness risks further multiple compression. Palantir Stock Could Change on May 4
• Neutral Sentiment: Citi trimmed its 12‑month price target to $210 from $260 but maintained a Buy rating and raised some estimates — signaling faith in fundamentals but acknowledging recent sector multiple compression. That keeps a mixed analyst backdrop. Citi Cuts Palantir Price Target to $210
• Negative Sentiment: Germany’s military said it will not award contracts to Palantir for now — a reputational and opportunity loss in Europe that highlights political/regulatory risks in government business. Germany's Military Shuns Palantir
• Negative Sentiment: Alphabet’s classified DoD deal (Gemini access) and broader hyperscaler push into defense AI create direct competitive pressure on Palantir’s higher‑touch, services‑heavy model — investors fear margin and contract share erosion if agencies favor scalable cloud/API approaches. Google Classified AI Contract Shakes Up Sector

Insider Activity

In other news, insider Ryan D. Taylor sold 19,988 shares of the firm's stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,672,795.36. Following the transaction, the insider directly owned 219,421 shares of the company's stock, valued at approximately $29,340,976.12. This trade represents a 8.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shyam Sankar sold 168,004 shares of the firm's 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 transaction, the insider directly owned 642,786 shares in the company, valued at $85,953,343.92. This trade represents a 20.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,029,879 shares of company stock valued at $137,746,253. Company insiders own 12.93% of the company's stock.

Analysts Set New Price Targets

PLTR has been the topic of several research analyst reports. Citigroup dropped their price objective on Palantir Technologies from $260.00 to $210.00 and set a "buy" rating on the stock in a research note on Tuesday. Argus upgraded Palantir Technologies to a "hold" rating in a research note on Monday, February 9th. William Blair upgraded Palantir Technologies from a "market perform" rating to an "outperform" rating in a research note on Monday, February 2nd. Cantor Fitzgerald reiterated a "neutral" rating on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Finally, HSBC upgraded Palantir Technologies from a "hold" rating to a "buy" rating and set a $205.00 price objective on the stock in a research note 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 assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $194.17.

Palantir Technologies Stock Down 1.3%

PLTR opened at $141.25 on Wednesday. The stock has a market cap of $337.82 billion, a PE ratio of 224.20, a P/E/G ratio of 2.75 and a beta of 1.68. Palantir Technologies Inc. has a 52 week low of $105.32 and a 52 week high of $207.52. The business's fifty day simple moving average is $145.14 and its 200 day simple moving average is $163.06.

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, beating analysts' consensus estimates of $0.23 by $0.02. The business had revenue of $1.41 billion for 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%.The firm's revenue was up 70.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.14 earnings per share. As a group, equities analysts anticipate that Palantir Technologies Inc. will post 1.05 earnings per share for the current year.

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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