Chicago Partners Investment Group LLC Cuts Stock Holdings in Palantir Technologies Inc. $PLTR

Key Points

• Chicago Partners Investment Group LLC trimmed its Palantir stake by 15.0%, selling 3,902 shares and leaving 22,113 shares valued at about $3.75 million in the latest 13F filing.
• Company insiders have been net sellers recently — notably CEO Alexander C. Karp sold 493,025 shares for roughly $65.96 million, and insiders disposed of about 1,029,879 shares (~$137.75 million) in the past three months; insiders now own 9.23% of the stock.
• Analyst sentiment is broadly positive (consensus "Moderate Buy" with an average target of $196.35), supported by contract wins including a reported $300M USDA deal, though the stock has recently pulled back amid valuation and sentiment concerns.

Chicago Partners Investment Group LLC cut its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 15.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,113 shares of the company's stock after selling 3,902 shares during the period. Chicago Partners Investment Group LLC's holdings in Palantir Technologies were worth $3,750,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bare Financial Services Inc raised its position in shares of Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company's stock worth $28,000 after acquiring an additional 55 shares during the period. Financial Consulate Inc. acquired a new stake in shares of Palantir Technologies during the 3rd quarter valued at about $30,000. United Financial Planning Group LLC acquired a new stake in shares of Palantir Technologies during the 3rd quarter valued at about $32,000. Flagship Wealth Advisors LLC purchased a new position in shares of Palantir Technologies in the 3rd quarter valued at about $32,000. Finally, Morton Brown Family Wealth LLC increased its stake in shares of 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 in the last quarter. Institutional investors and hedge funds own 45.65% of the company's stock.

Analyst Ratings Changes

A number of brokerages have issued reports on PLTR. UBS Group increased their price target on Palantir Technologies from $180.00 to $200.00 and gave the stock a "buy" rating in a research report on Wednesday, March 18th. Loop Capital cut their price objective on Palantir Technologies from $230.00 to $220.00 and set a "buy" rating for the company in a research report on Friday, January 30th. DA Davidson reaffirmed a "neutral" rating and set a $180.00 target price on shares of Palantir Technologies in a research note on Thursday, April 16th. Citigroup increased their target price on Palantir Technologies from $235.00 to $260.00 and gave the company a "buy" rating in a research report on Tuesday, February 3rd. Finally, The Goldman Sachs Group dropped their price target on shares of Palantir Technologies from $188.00 to $182.00 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 given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Palantir Technologies presently has an average rating of "Moderate Buy" and an average target price of $196.35.

Insider Activity

In other Palantir Technologies news, insider Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock in a transaction on Tuesday, February 24th. The shares were 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 $5,564,380.64. The trade was a 2.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Alexander C. Karp sold 493,025 shares of the company's stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the sale, the insider directly owned 6,432,258 shares of the company's stock, valued at $860,507,475.24. The trade was a 7.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,029,879 shares of company stock valued at $137,746,253 in the last three months. Company insiders own 9.23% of the company's stock.

Key Palantir Technologies News

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

Palantir Technologies Trading Up 1.1%

PLTR stock opened at $143.09 on Friday. Palantir Technologies Inc. has a 12-month low of $105.32 and a 12-month high of $207.52. The business's 50-day moving average is $144.74 and its 200 day moving average is $163.87. The stock has a market cap of $342.23 billion, a price-to-earnings ratio of 227.13, a PEG ratio of 2.72 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced 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 during 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 business's revenue was up 70.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.14 earnings per share. As a group, equities analysts forecast that Palantir Technologies Inc. will post 1.05 EPS for the current fiscal year.

Palantir Technologies Company 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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