Fiduciary Financial Group LLC Purchases 12,173 Shares of Palantir Technologies Inc. $PLTR

Key Points

• Fiduciary Financial Group LLC boosted its Palantir (PLTR) holding by 458.7%, buying 12,173 shares to own 14,827 shares worth about $2.635 million at quarter-end.
• Insider activity shows meaningful selling — 1,045,279 shares totaling $140.54 million were sold in the past 90 days (insiders now own 12.93%) — a potential red flag for some investors.
• Palantir reported strong results (revenue up 70% YoY and an EPS beat) and has a “Moderate Buy” consensus with an average price target of $196.32, but valuation concerns and sector volatility are weighing on the stock.

Fiduciary Financial Group LLC increased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 458.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,827 shares of the company's stock after buying an additional 12,173 shares during the quarter. Fiduciary Financial Group LLC's holdings in Palantir Technologies were worth $2,635,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Palantir Technologies by 4.0% during the third quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company's stock worth $39,017,133,000 after purchasing an additional 8,168,604 shares during the period. State Street Corp lifted its holdings in shares of Palantir Technologies by 7.2% in 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 in the last quarter. Norges Bank acquired a new stake in Palantir Technologies in the 2nd quarter valued at $3,307,457,000. Invesco Ltd. increased its stake in Palantir Technologies by 5.9% during the 3rd quarter. Invesco Ltd. now owns 21,798,785 shares of the company's stock valued at $3,976,534,000 after purchasing an additional 1,213,529 shares in the last quarter. Finally, Northern Trust Corp increased its stake in Palantir Technologies by 3.8% during the 3rd quarter. Northern Trust Corp now owns 21,088,462 shares of the company's stock valued at $3,846,957,000 after purchasing an additional 769,238 shares in the last quarter. Institutional investors own 45.65% of the company's stock.

Insiders Place Their Bets

In other news, insider David A. Glazer sold 17,438 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 $2,331,809.36. Following the sale, the insider directly owned 392,370 shares in the company, valued at $52,467,716.40. The trade was a 4.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Shyam Sankar sold 168,004 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the completion of the sale, the insider directly owned 642,786 shares in the company, valued at approximately $85,953,343.92. This represents a 20.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,045,279 shares of company stock worth $140,539,043 in the last ninety days. 12.93% of the stock is owned by corporate insiders.

Palantir Technologies News Summary

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

• Positive Sentiment: Pentagon formalized Palantir’s Maven Smart System as a program of record, which signals longer‑term, budget-backed DoD spending and underpinned earlier upside in the stock. Read More.
• Positive Sentiment: UK’s Financial Conduct Authority awarded a short trial to use Palantir’s Foundry on enforcement/fraud datasets; the FCA publicly defended the deal, reinforcing government/regulator demand for Palantir tech. Read More.
• Positive Sentiment: Commercial partnerships continue: Palantir announced an AI mortgage operations pilot with Moder and Freedom Mortgage and a deal to support Centrus Energy’s uranium‑enrichment expansion — signals of expanding enterprise use cases beyond defense. Read More. Read More.
• Neutral Sentiment: Analyst attention remains high with several bullish price targets and buy ratings (median targets well above current levels); that supports investor interest but also keeps volatility high around updates. Read More.
• Negative Sentiment: Despite the contract wins, PLTR traded lower today as the broader software/AI sector pulled back — investors rotated defensive and pared exposure to high‑multiple tech names. Coverage explaining the intraday drop cites sector weakness outweighing company headlines. Read More. Read More.
• Negative Sentiment: Valuation worries and cautionary analyst writeups remain a drag — some commentators call Palantir’s multiple extreme relative to fundamentals and warn of downside if growth slows. Read More.
• Negative Sentiment: Reputational/political risk: press coverage links Palantir to political controversies and CEO comments that could complicate public‑sector relations and invite scrutiny — a non‑financial risk investors watch. Read More.
• Negative Sentiment: Insider selling and large institutional position changes cited in datasets may add to investor caution; monitor disclosures for timing and context. Read More.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PLTR. Loop Capital dropped their price objective on shares of Palantir Technologies from $230.00 to $220.00 and set a "buy" rating on the stock in a research note on Friday, January 30th. Mizuho raised shares of Palantir Technologies from a "neutral" rating to an "outperform" rating and set a $195.00 target price for the company in a research report on Wednesday, February 18th. Wall Street Zen lowered shares of Palantir Technologies from a "buy" rating to a "hold" rating in a report on Friday, November 28th. Truist Financial assumed coverage on shares of Palantir Technologies in a research report on Tuesday, January 6th. They issued a "buy" rating and a $223.00 price target on the stock. Finally, Zacks Research downgraded Palantir Technologies from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $196.32.

Palantir Technologies Price Performance

PLTR opened at $154.78 on Wednesday. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52. The company has a market capitalization of $370.18 billion, a price-to-earnings ratio of 245.69, a P/E/G ratio of 3.19 and a beta of 1.70. The firm's fifty day moving average price is $149.68 and its two-hundred day moving average price is $168.82.

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 the consensus estimate of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. 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 company posted $0.14 earnings per share. The firm's revenue for the quarter was up 70.0% on a year-over-year basis. As a group, equities analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current year.

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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