Fulton Bank N.A. Increases Stock Position in Palantir Technologies Inc. $PLTR

Key Points

• Fulton Bank N.A. increased its stake in Palantir by 406.8% in Q4, acquiring an additional 13,318 shares to hold 16,592 shares worth about $2.95 million.
• Insiders sold 1,045,279 shares valued at roughly $140.5 million over the last quarter, cutting insider ownership to 12.93%, which could add downward pressure on the stock.
• Palantir posted strong Q4 results (EPS $0.25 vs. $0.23 estimate; revenue up 70% to $1.41 billion) and carries a "Moderate Buy" consensus with an average price target of $196.32, although valuation concerns persist.

Fulton Bank N.A. increased its holdings in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 406.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,592 shares of the company's stock after buying an additional 13,318 shares during the period. Fulton Bank N.A.'s holdings in Palantir Technologies were worth $2,949,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Decker Retirement Planning Inc. increased its holdings in shares of Palantir Technologies by 778.7% in the third quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company's stock worth $11,187,000 after purchasing an additional 54,347 shares during the period. Prentice Wealth Management LLC purchased a new stake in Palantir Technologies during the third quarter valued at about $550,000. Watershed Private Wealth LLC lifted its position in Palantir Technologies by 75.3% in the 3rd quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company's stock worth $1,423,000 after buying an additional 3,350 shares during the last quarter. GAM Holding AG lifted its holdings in shares of Palantir Technologies by 39.0% in the 3rd quarter. GAM Holding AG now owns 13,788 shares of the company's stock worth $2,515,000 after acquiring an additional 3,868 shares during the last quarter. Finally, Pinkerton Wealth LLC bought a new stake in Palantir Technologies in the second quarter worth $3,394,000. Institutional investors own 45.65% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on PLTR. Robert W. Baird raised Palantir Technologies from a "neutral" rating to an "outperform" rating and set a $200.00 price target on the stock in a research note on Tuesday, February 3rd. Zacks Research cut shares of Palantir Technologies from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 30th. Piper Sandler reaffirmed an "overweight" rating and set a $230.00 target price on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Citigroup boosted their price target on shares of Palantir Technologies from $235.00 to $260.00 and gave the company a "buy" rating in a research report on Tuesday, February 3rd. Finally, Jefferies Financial Group set a $208.00 price target on shares of Palantir Technologies in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $196.32.

Insider Buying and Selling

In related news, insider Shyam Sankar sold 168,004 shares of the company'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 owned 642,786 shares in the company, 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 at this hyperlink. Also, insider Ryan D. Taylor sold 19,988 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 transaction of $2,672,795.36. Following the sale, the insider owned 219,421 shares of the company's stock, valued at approximately $29,340,976.12. This represents a 8.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,045,279 shares of company stock worth $140,539,043 over the last quarter. 12.93% of the stock is owned by insiders.

Palantir Technologies Stock Down 3.2%

Palantir Technologies stock opened at $150.68 on Monday. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52. The company has a market capitalization of $360.38 billion, a P/E ratio of 239.18, a PEG ratio of 2.99 and a beta of 1.70. The stock's 50 day moving average is $150.53 and its 200 day moving average is $168.78.

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 (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.02. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The business had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.34 billion. During the same quarter in the previous year, the business earned $0.14 earnings per share. The firm's quarterly revenue was up 70.0% compared to the same quarter last year. As a group, equities analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Keel Holdings joined Palantir on the Navy’s ShipOS effort, expanding Palantir’s footprint in U.S. shipbuilding on a program backed by up to $448M of authorized funding — a sizable government revenue catalyst for PLTR. A Quiet Navy Shipbuilding Move Just Put Palantir’s Software Deeper Into the Yard
• Positive Sentiment: UBS raised Palantir’s price target to $200, reiterating conviction after meeting company executives — analyst support can underpin further rallies and reduce near-term downside. UBS Group Raises Palantir Technologies NASDAQ: PLTR Price Target to $200.00
• Positive Sentiment: Palantir and NVIDIA unveiled a sovereign AI OS reference architecture (aimed at sensitive government and enterprise use cases), reinforcing TAM expansion in “physical AI” and strategic OEM partnerships. This bolsters the long‑term commercial growth narrative. Palantir Is Launching New AI OS Reference Architecture with Nvidia. Should You Buy PLTR Stock?
• Positive Sentiment: Investors and traders are highlighting Palantir’s strong Q4 results (70% revenue growth), a large $11.2B backlog and new defense/commercial contracts (Air Force, GE Aerospace) that support earnings acceleration expectations. Palantir Technologies Stock (PLTR) Opinions on Earnings Acceleration and New Deals
• Neutral Sentiment: Palantir inked a partnership with Moder to build AI mortgage operations software (pilot with Freedom Mortgage) — a commercial win but early-stage revenue implications. Palantir and Moder Partner to Transform Mortgage Industry
• Neutral Sentiment: PLTR is a top holding in thematic funds (e.g., ARKK); flows into/out of those ETFs can amplify moves but don’t change fundamentals — watch ETF positioning for short‑term pressure or relief. Is the ARK Innovation ETF Finding a Floor? Tesla and Robinhood Set the Tone (PLTR)
• Negative Sentiment: Valuation concerns persist—PLTR trades at very high multiples versus peers, and several commentaries warn the market may already price in much of the upside; lofty multiples increase downside risk if growth slows. Is It Too Late to Buy Palantir, or Is the Market Still Missing Something?
• Negative Sentiment: High-profile skeptics and notable short activity (media headlines and investor attacks) keep volatility elevated — continued negative press or insider sales could pressure the stock despite strong execution. Michael Burry Rails Against the Media Over Palantir Coverage

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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