Palantir Technologies Inc. $PLTR Holdings Decreased by Pinkerton Wealth LLC

Key Points

• Pinkerton Wealth LLC cut its stake in Palantir by 15.9% in Q3, selling 3,956 shares and leaving it with 20,938 shares valued at about $3.82 million.
• Company insiders have been heavy sellers — a total of 1,054,279 shares worth roughly $142.2 million were sold in the last 90 days (including large sales by David Glazer and Shyam Sankar) while insiders still own about 12.93% of the stock.
• Palantir reported a beat on the quarter with $0.25 EPS vs. $0.23 expected and revenue of $1.41 billion (up 70% year‑over‑year); analysts maintain a "Moderate Buy" consensus with an average price target of $192.68, though valuation concerns remain.

Pinkerton Wealth LLC reduced its holdings in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 15.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,938 shares of the company's stock after selling 3,956 shares during the period. Pinkerton Wealth LLC's holdings in Palantir Technologies were worth $3,820,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Occidental Asset Management LLC increased its holdings in shares of Palantir Technologies by 2.8% in the 3rd quarter. Occidental Asset Management LLC now owns 1,964 shares of the company's stock valued at $358,000 after purchasing an additional 53 shares during the period. Gallacher Capital Management LLC lifted its position in shares of Palantir Technologies by 2.2% in the third quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company's stock worth $447,000 after purchasing an additional 53 shares in the last quarter. Bare Financial Services Inc boosted its holdings in shares of Palantir Technologies by 54.5% during 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. Lionshead Wealth Management LLC boosted its holdings in shares of Palantir Technologies by 0.4% during the third quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company's stock worth $2,395,000 after purchasing an additional 56 shares during the period. Finally, Ellenbecker Investment Group grew its position in Palantir Technologies by 3.6% during the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company's stock valued at $295,000 after purchasing an additional 57 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies Stock Performance

Shares of PLTR opened at $156.43 on Tuesday. The firm has a market cap of $374.13 billion, a PE ratio of 248.31, a PEG ratio of 3.12 and a beta of 1.70. The firm's 50 day moving average price is $154.93 and its 200 day moving average price is $169.08. 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 posted its earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping 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 period in the previous year, the firm posted $0.14 earnings per share. The company's revenue for the quarter was up 70.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Zacks Research lowered shares of Palantir Technologies from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 30th. HSBC raised shares of Palantir Technologies from a "hold" rating to a "buy" rating and set a $205.00 target price for the company in a research note on Tuesday, February 3rd. Daiwa Securities Group raised shares of Palantir Technologies from a "neutral" rating to a "buy" rating and set a $180.00 price target on the stock in a research note on Tuesday, February 10th. Northland Securities upgraded Palantir Technologies from a "market perform" rating to an "outperform" rating and set a $190.00 price objective for the company in a report on Tuesday, February 3rd. Finally, The Goldman Sachs Group cut their price objective on Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $192.68.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Geopolitical tensions (U.S.–Iran) and rising defense demand are being cited as a near‑term catalyst for more Palantir contracts and a surge in investor interest. This narrative helps explain recent share strength as investors reprice defense/AI exposure. Why Palantir Is Soaring While Big Tech Tanks
• Positive Sentiment: Industry coverage and market commentary point to accelerating adoption of Palantir’s AIP, expanding U.S. commercial sales, and improving margins — factors analysts cite in bullish forecasts for 2026 upside. Palantir Stock Forecast: Is PLTR Heading to $260 or Dropping Further From Here?
• Positive Sentiment: Multiple analyst writeups and buy‑side notes (including a Rosenblatt initiation) are highlighting Palantir’s role as an LLM/AI backbone for government and commercial customers — supporting bullish views that the company can capture displaced LLM workloads. Why Analysts Are Bullish on Palantir Technologies Inc. (PLTR)
• Neutral Sentiment: Insider/owner activity: Century Legend sold a small block of Palantir shares to boost liquidity and realize gains — a minor share sale that is unlikely to materially change ownership or outlook. Century Legend Sells Palantir Stake to Boost Liquidity and Realize Investment Gains
• Negative Sentiment: Valuation concerns are widespread: some commentators argue Palantir’s strong growth is priced for perfection and the stock could give back gains if growth expectations slip. That narrative limits upside for investors focused on valuation discipline. Prediction: This Is How Much Further Palantir Stock Could Fall in 2026
• Negative Sentiment: Broader software/AI sector weakness (the so‑called "SaaSpocalypse") and some Wall Street calls to trim richly valued AI names create downside risk; short‑term volatility could persist even if fundamentals remain solid. 2 Artificial Intelligence (AI) Stocks to Sell Before They Fall 40% and 55%, According to Wall Street Analysts

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider David A. Glazer sold 17,438 shares of the 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 transaction, the insider directly owned 392,370 shares of the company's stock, valued at $52,467,716.40. This represents a 4.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Shyam Sankar sold 168,004 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 value of $22,465,494.88. Following the transaction, the insider owned 642,786 shares in the company, valued at approximately $85,953,343.92. This trade represents a 20.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,054,279 shares of company stock worth $142,212,233 in the last ninety days. Company insiders own 12.93% of the company's stock.

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.

Want to see what other hedge funds are holding PLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palantir Technologies Inc. (NASDAQ:PLTR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.