Northstar Advisory Group LLC Sells 4,498 Shares of Palantir Technologies Inc. $PLTR

Key Points

• Institutional and insider selling: Northstar Advisory cut its Palantir stake by 34.3%, selling 4,498 shares and retaining 8,630 shares (~$1.53M), while insiders sold 1,045,279 shares (~$140.5M) last quarter — including CEO Alexander Karp (493,025 shares) and Stephen Cohen (327,088 shares).
• Business momentum vs valuation pressure: Palantir beat quarterly EPS and revenue (EPS $0.25; revenue $1.41B, +70% YoY) and landed major commercial and defense wins (Stellantis renewal, Bain expansion, Maven program), but the stock is down ~3.9% at $137.55 amid valuation concerns and a MarketBeat consensus of "Moderate Buy" with an average target of $198.59.

Northstar Advisory Group LLC reduced its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 34.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,630 shares of the company's stock after selling 4,498 shares during the period. Northstar Advisory Group LLC's holdings in Palantir Technologies were worth $1,534,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Bare Financial Services Inc boosted its stake in Palantir Technologies by 54.5% in the 3rd 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 stake in shares of Palantir Technologies in the 2nd quarter valued at about $29,000. Zeit Capital LLC bought a new stake in shares of Palantir Technologies in the second quarter valued at about $30,000. Financial Consulate Inc. bought a new stake in shares of Palantir Technologies in the third quarter valued at about $30,000. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of Palantir Technologies during the third quarter worth about $31,000. Institutional investors and hedge funds own 45.65% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on PLTR shares. Cantor Fitzgerald reissued a "neutral" rating on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Wedbush reiterated an "outperform" rating and set a $230.00 price objective on shares of Palantir Technologies in a research note on Monday, March 16th. Rosenblatt Securities reiterated a "buy" rating and set a $200.00 price objective on shares of Palantir Technologies in a research note on Wednesday, March 25th. Weiss Ratings downgraded Palantir Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, January 15th. Finally, HSBC upgraded shares of Palantir Technologies from a "hold" rating to a "buy" rating and set a $205.00 target price on the stock in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $198.59.

Palantir Technologies Stock Down 3.9%

Shares of NASDAQ PLTR opened at $137.55 on Tuesday. The business's 50 day moving average price is $147.39 and its two-hundred day moving average price is $168.35. The company has a market cap of $328.98 billion, a PE ratio of 218.34, a price-to-earnings-growth ratio of 2.84 and a beta of 1.70. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its quarterly earnings data on Monday, February 2nd. The company reported $0.25 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 firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same period in the prior year, the firm posted $0.14 EPS. The company's revenue for the quarter was up 70.0% on a year-over-year basis. As a group, research analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In related news, insider Alexander C. Karp sold 493,025 shares of the company's stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.78, for a total value of $65,956,884.50. Following the sale, the insider directly owned 6,432,258 shares in the company, valued at $860,507,475.24. This represents a 7.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were 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 of the company's stock, valued at $79,162.24. This represents a 99.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,045,279 shares of company stock worth $140,539,043 over the last quarter. Insiders own 12.93% of the company's stock.

Palantir Technologies News Roundup

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

• Positive Sentiment: Stellantis renewed and expanded its long-standing Palantir partnership for an additional five years, broadening use of Foundry and Palantir AI across global operations — a sizable, material commercial win that strengthens recurring revenue prospects. Palantir Technologies Announces the Renewal and Expansion of Its Partnership With Stellantis for an Additional Five Years
• Positive Sentiment: Palantir and Bain expanded a partnership to accelerate enterprise AI deployments, embedding Palantir’s platform and engineers into Bain consulting engagements — a move that could accelerate commercial adoption outside government. Palantir And Bain Partnership Aims To Expand Enterprise AI Deployments
• Positive Sentiment: Defense momentum: Palantir’s Maven Smart System earned program‑of‑record designation from the U.S. DoD and the U.K. FCA is piloting a Palantir system — these government endorsements reduce sales risk and support long-term contracted revenue. Palantir Technologies Just Banked a Blockbuster Week. 3 Important Developments Every Shareholder Should Know.
• Positive Sentiment: Palantir and Anduril are collaborating on core software for the U.S. “golden dome” missile‑defense program — a high‑profile defense project that could translate into multiyear government spend. Palantir Is Developing the ‘Core’ of the Golden Dome. Does That Make PLTR Stock a Buy Now?
• Neutral Sentiment: Macro/sector pressure: a broader tech pullback and rotation away from richly valued growth names is compressing multiples across the group, which weighs on PLTR despite company‑specific wins. Big Tech Stocks Rout Is Flashing Signals of a Turnaround
• Negative Sentiment: Valuation concerns: several outlets questioned whether Palantir’s partnerships justify one of the market’s highest forward P/Es, prompting profit‑taking and skepticism that growth will fully justify current multiples. Palantir Drops 4%: Can Its AI Partnerships Justify One of the Market's Most Expensive Valuations?
• Negative Sentiment: Regulatory/political risk: UK ministers are reported to be exploring a break clause in Palantir’s NHS contract, creating potential revenue disruption and reputational risk in a high‑profile public sector account. Ministers explore triggering break clause in Palantir’s NHS contract

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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