Mutual Advisors LLC Sells 4,782 Shares of Palantir Technologies Inc. $PLTR

Key Points

• Mutual Advisors LLC trimmed its stake in Palantir by 6.4%, selling 4,782 shares and leaving 69,689 shares valued at about $12.39 million, while major institutions like Vanguard and State Street continued to increase holdings, with institutional ownership at roughly 45.65%.
• Insider selling is notable: CEO Alexander C. Karp sold 493,025 shares for about $66 million, and insiders have sold 1,029,879 shares worth $137.7 million in the past 90 days, though insiders still own about 9.23% of the company.
• Market context is mixed-to-bullish: the stock trades near $139 with a high P/E (~220.8) after a quarter of ~70% revenue growth, analysts show an average "Moderate Buy" rating with a $194.42 average price target, and Q1 earnings on May 4 are expected to be a near-term volatility catalyst.

Mutual Advisors LLC trimmed its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 6.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,689 shares of the company's stock after selling 4,782 shares during the period. Mutual Advisors LLC's holdings in Palantir Technologies were worth $12,387,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Palantir Technologies by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company's stock valued at $38,295,188,000 after acquiring an additional 1,557,828 shares during the last quarter. State Street Corp increased its holdings in Palantir Technologies by 7.2% in the 3rd quarter. State Street Corp now owns 101,258,899 shares of the company's stock valued at $18,471,648,000 after acquiring an additional 6,777,771 shares during the last quarter. Invesco Ltd. increased its holdings in Palantir Technologies by 5.9% in the 3rd quarter. Invesco Ltd. now owns 21,798,785 shares of the company's stock valued at $3,976,534,000 after acquiring an additional 1,213,529 shares during the last quarter. Northern Trust Corp increased its holdings in Palantir Technologies by 3.8% in the 3rd quarter. Northern Trust Corp now owns 21,088,462 shares of the company's stock valued at $3,846,957,000 after acquiring an additional 769,238 shares during the last quarter. Finally, Amundi increased its holdings in Palantir Technologies by 38.7% in the 3rd quarter. Amundi now owns 15,679,158 shares of the company's stock valued at $2,814,879,000 after acquiring an additional 4,373,201 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Alexander C. Karp sold 493,025 shares of Palantir Technologies stock in a transaction dated 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 transaction, the insider directly owned 6,432,258 shares of the company's stock, valued at approximately $860,507,475.24. The trade was a 7.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ryan D. Taylor sold 19,988 shares of Palantir Technologies 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 $29,340,976.12. The trade was a 8.35% 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 worth $137,746,253 in the last 90 days. 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: Oppenheimer initiated coverage with an Outperform and a $200 target, citing Palantir’s ontology-driven AI platform, strong switching costs and defense/commercial tailwinds — a high-profile buy rating that likely helped lift sentiment. Palantir Stock (PLTR) Gets Fresh Buy Rating Ahead of Q1 Earnings as Oppenheimer Sets $200 Target
• Positive Sentiment: Palantir won a $300M Blanket Purchase Agreement with the USDA to modernize farm services — a meaningful government win that supports recurring revenue and validates public-sector AI demand. Why Palantir (PLTR) Is Expanding Its AI Software Footprint at the USDA
• Positive Sentiment: Analysts (e.g., Wedbush) are bullish heading into earnings, expecting another strong quarter driven by AIP demand and commercial acceleration; some firms have higher price targets (Wedbush $230), reinforcing upside narrative. Palantir Q1 expectations buoyed by commercial acceleration, government contracts
• Neutral Sentiment: Q1 earnings on May 4 is the near-term catalyst — options market is pricing in a large post-earnings swing, so expect elevated volatility around the print. Palantir (PLTR) Q1 Earnings on May 4. Options Market Braces for a 10.55% Swing
• Neutral Sentiment: Consensus and previews point to triple-digit revenue growth (Zacks/Yahoo note ~70%+ YoY), so upside to top-line or raised guidance would be the clean bull case; conversely, any softness or cautious management tone could trigger a sharp pullback. Will Top-Line Improvement Benefit Palantir in Q1 Earnings?
• Negative Sentiment: Valuation remains a key concern — RBC and others flag stretched multiples after a big run, which can cap upside if growth indicators don’t clearly justify the premium. Palantir Stock Drops Today: RBC Flags Valuation Stretch
• Negative Sentiment: High-profile shorts and insider selling persist (noted activist/short interest commentary and heavy insider sales), which can increase downside risk and volatility despite contract wins. Is Michael Burry Still Bearish on Palantir? Here’s What He Has to Say

Wall Street Analyst Weigh In

A number of analysts have issued reports on PLTR shares. Argus upgraded shares of Palantir Technologies to a "hold" rating in a report on Monday, February 9th. Weiss Ratings downgraded shares of Palantir Technologies from a "hold (c+)" rating to a "hold (c)" rating in a report on Monday. Wedbush reissued an "outperform" rating and issued a $230.00 price objective on shares of Palantir Technologies in a research note on Friday, April 10th. Truist Financial started coverage on shares of Palantir Technologies in a research note on Tuesday, January 6th. They issued a "buy" rating and a $223.00 price objective for the company. Finally, UBS Group lifted their price objective on shares of Palantir Technologies from $180.00 to $200.00 and gave the stock a "buy" rating in a research note on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $194.42.

Palantir Technologies Trading Up 0.8%

PLTR stock opened at $139.11 on Friday. Palantir Technologies Inc. has a 12 month low of $105.32 and a 12 month high of $207.52. The company has a 50-day moving average price of $145.27 and a 200 day moving average price of $162.72. The stock has a market cap of $332.71 billion, a PE ratio of 220.81, a P/E/G ratio of 2.65 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 EPS for the quarter, topping 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 during the quarter, compared to analysts' expectations of $1.34 billion. During the same period in the previous 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 forecast that Palantir Technologies Inc. will post 1.05 EPS for the current 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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