Choreo LLC Boosts Position in Palantir Technologies Inc. $PLTR

Key Points

• Choreo LLC boosted its stake in Palantir by 13.8% in Q4 to 67,117 shares, valued at about $12,138,000.
• Insider selling has been heavy—insiders sold 1,029,879 shares worth $137.75 million in the past 90 days, including large sales by Shyam Sankar and Stephen Andrew Cohen, leaving insiders owning 9.23% of the company.
• Palantir beat Q4 estimates with $0.25 EPS and $1.41 billion revenue (up 70% y/y), but it trades at rich multiples (P/E ~203) and has a consensus rating of "Moderate Buy" with a $197.77 target amid mixed analyst views.

Choreo LLC boosted its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 13.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 67,117 shares of the company's stock after buying an additional 8,120 shares during the quarter. Choreo LLC's holdings in Palantir Technologies were worth $12,138,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. raised its position in Palantir Technologies by 4.0% during the 3rd quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company's stock worth $39,017,133,000 after buying an additional 8,168,604 shares during the last quarter. State Street Corp grew its stake in shares of Palantir Technologies by 7.2% during the 3rd quarter. State Street Corp now owns 101,258,899 shares of the company's stock worth $18,471,648,000 after purchasing an additional 6,777,771 shares during the period. Invesco Ltd. grew its stake in shares of Palantir Technologies by 5.9% during the 3rd quarter. Invesco Ltd. now owns 21,798,785 shares of the company's stock worth $3,976,534,000 after purchasing an additional 1,213,529 shares during the period. Northern Trust Corp grew its stake in shares of Palantir Technologies by 3.8% during the 3rd quarter. Northern Trust Corp now owns 21,088,462 shares of the company's stock worth $3,846,957,000 after purchasing an additional 769,238 shares during the period. Finally, Amundi grew its stake in shares of Palantir Technologies by 38.7% during the 3rd quarter. Amundi now owns 15,679,158 shares of the company's stock worth $2,814,879,000 after purchasing an additional 4,373,201 shares during the period. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 168,004 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the sale, the insider owned 642,786 shares of the company's stock, valued at $85,953,343.92. The trade was a 20.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Stephen Andrew Cohen sold 327,088 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the sale, the insider directly owned 592 shares in the company, valued at approximately $79,162.24. This trade represents a 99.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,029,879 shares of company stock worth $137,746,253 in the last ninety days. Company insiders own 9.23% of the company's stock.

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $128.01 on Friday. The company's fifty day moving average price is $143.96 and its 200 day moving average price is $166.37. Palantir Technologies Inc. has a 1 year low of $85.47 and a 1 year high of $207.52. The stock has a market capitalization of $306.15 billion, a P/E ratio of 203.19, a P/E/G ratio of 2.54 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.41 billion for the quarter, compared to analysts' expectations of $1.34 billion. During the same quarter last year, the company earned $0.14 EPS. The firm's revenue for the quarter was up 70.0% compared to the same quarter last year. Sell-side analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Palantir Technologies News Roundup

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

Analysts Set New Price Targets

A number of brokerages have recently commented on PLTR. Rosenblatt Securities reaffirmed a "buy" rating and set a $200.00 price objective on shares of Palantir Technologies in a research note on Wednesday, March 25th. Phillip Securities dropped their price objective on shares of Palantir Technologies from $208.00 to $190.00 and set a "buy" rating on the stock in a research note on Wednesday, April 1st. Argus raised shares of Palantir Technologies to a "hold" rating in a research note on Monday, February 9th. Zacks Research cut shares of Palantir Technologies from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 30th. Finally, Freedom Capital raised shares of Palantir Technologies from a "strong sell" rating to a "strong-buy" rating in a research note on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Palantir Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $197.77.

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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