Faithward Advisors LLC Sells 15,642 Shares of Palantir Technologies Inc. $PLTR

Key Points

• Faithward Advisors LLC reduced its stake in Palantir by 11.4%, selling 15,642 shares and leaving 121,226 shares valued at about $22.11 million, making PLTR its 3rd-largest holding (3.3% of the portfolio).
• Palantir reported a strong quarter (revenue $1.41B, up ~70% y/y; EPS $0.25 vs. $0.23 estimate), spurring analyst upgrades and a consensus rating of Moderate Buy with an average target of $194.05.
• Significant insider selling has occurred recently — insiders disposed of 1,045,279 shares (~$140.5M) in the last 90 days, including co‑founder Alexander Karp selling 493,025 shares — a factor that may pressure sentiment despite solid results.

Faithward Advisors LLC decreased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 11.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,226 shares of the company's stock after selling 15,642 shares during the period. Palantir Technologies accounts for 3.3% of Faithward Advisors LLC's investment portfolio, making the stock its 3rd biggest holding. Faithward Advisors LLC's holdings in Palantir Technologies were worth $22,114,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Bare Financial Services Inc increased its stake 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 purchasing an additional 55 shares during the period. Delos Wealth Advisors LLC acquired a new position in shares of Palantir Technologies during the 2nd quarter worth about $29,000. Zeit Capital LLC bought a new stake in Palantir Technologies during the 2nd quarter valued at approximately $30,000. Financial Consulate Inc. acquired a new stake in Palantir Technologies in the 3rd quarter valued at approximately $30,000. Finally, MTM Investment Management LLC acquired a new stake in Palantir Technologies in the 2nd quarter valued at approximately $31,000. 45.65% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

PLTR has been the topic of several recent analyst reports. Mizuho raised Palantir Technologies from a "neutral" rating to an "outperform" rating and set a $195.00 price target on the stock in a research report on Wednesday, February 18th. Truist Financial started coverage on Palantir Technologies in a research report on Tuesday, January 6th. They issued a "buy" rating and a $223.00 price objective for the company. Daiwa Securities Group upgraded shares of Palantir Technologies from a "neutral" rating to a "buy" rating and set a $180.00 price objective on the stock in a research note on Tuesday, February 10th. Argus raised shares of Palantir Technologies to a "hold" rating in a research report on Monday, February 9th. Finally, Zacks Research cut shares of Palantir Technologies from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 30th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $194.05.

Palantir Technologies Stock Up 1.5%

Palantir Technologies stock opened at $155.08 on Wednesday. The business has a 50 day moving average price of $152.07 and a two-hundred day moving average price of $168.84. Palantir Technologies Inc. has a 12 month low of $66.12 and a 12 month high of $207.52. The stock has a market cap of $370.90 billion, a price-to-earnings ratio of 246.16, a price-to-earnings-growth ratio of 3.03 and a beta of 1.70.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.02. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.Palantir Technologies's revenue for the quarter was up 70.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.14 EPS. On average, analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider David A. Glazer sold 17,438 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 $2,331,809.36. Following the sale, the insider owned 392,370 shares in the company, valued at $52,467,716.40. The trade was a 4.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Alexander C. Karp sold 493,025 shares of the business's stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the completion of the sale, the insider directly owned 6,432,258 shares in the company, valued at $860,507,475.24. This trade represents a 7.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,045,279 shares of company stock valued at $140,539,043 over the last 90 days. Corporate insiders own 12.93% of the company's stock.

Key Palantir Technologies News

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

• Positive Sentiment: Major U.S. Navy ShipOS win — Palantir will embed Foundry and its AI Platform across Navy shipbuilding and supplier workflows as part of the ShipOS initiative, a program with authorized funding approaching $500M that could create multiyear, sticky defense revenue streams. Keel Joins Palantir and U.S. Navy in ShipOS Initiative
• Positive Sentiment: Strategic sovereign-AI partnership with NVIDIA — the collaboration packages Palantir software with NVIDIA hardware to deliver "sovereign AI" stacks for governments and enterprises, increasing Palantir’s addressable market in regulated, high‑security use cases. This strengthens its competitive moat for large institutional customers. Palantir’s New Partnership Continues Separating Fact From Fiction
• Positive Sentiment: Execution and customer traction — AIPCon customer showcases (GE Aerospace, Centrus, LG CNS) and recent earnings beat (revenue up ~70% y/y; EPS beat) reinforce the narrative that Palantir is shifting toward high-margin, product-led enterprise software with growing commercial/defense backlogs. Analysts (e.g., Wedbush) are keeping bullish coverage and higher targets. Palantir Maintains Growth Momentum, Analysts Say
• Neutral Sentiment: Short-term market dynamics — positive technical momentum, option flows and coverage in market roundups are amplifying intraday buying and enabling option strategies, but these are trading drivers rather than long-term fundamentals. Option Plays in Palantir Stock
• Neutral Sentiment: Broad defense spending theme — large defense deals (e.g., Army/Anduril contract context) lift sentiment for defense‑tech peers including Palantir, but upside depends on contract ramps and integration execution. U.S. Army Deal Points to Upside for Palantir
• Negative Sentiment: Insider selling and notable share disposals — reports of heavy insider selling in 2026 and a recent filing from co‑founder Peter Thiel have raised governance/flow concerns that can pressure sentiment despite strong top‑line momentum. Palantir insiders have been dumping nearly $6 million PLTR shares per day
• Negative Sentiment: Valuation and bear case remain active — several analysts and commentators flag a steep multiple and argue much growth is already priced in; that makes the stock sensitive to execution slips, slowing commercial adoption, or any negative macro headlines. Palantir Stock Surges 460% in Five Years. Why I’m Bearish

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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