Palantir Technologies Inc. $PLTR is Cypress Point Wealth Management LLC's Largest Position

Key Points

• Cypress Point Wealth Management trimmed its Palantir stake by 23.9% to 925,880 shares, leaving PLTR as its largest holding (≈35.9%) valued at $164.6 million.
• Analyst views are mixed but overall sentiment is a Moderate Buy with a consensus target of $192.17, ranging from Piper Sandler's $230 overweight to HSBC's downgrade to Hold and $151 target.
• Company insiders sold a combined 1,029,479 shares worth about $137.7 million in the last quarter, though insiders still own 9.53% of the stock.

Cypress Point Wealth Management LLC trimmed its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 23.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 925,880 shares of the company's stock after selling 290,477 shares during the period. Palantir Technologies accounts for about 35.9% of Cypress Point Wealth Management LLC's holdings, making the stock its biggest holding. Cypress Point Wealth Management LLC's holdings in Palantir Technologies were worth $164,575,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in PLTR. Revolve Wealth Partners LLC purchased a new stake in Palantir Technologies during the 4th quarter worth $450,000. Bison Wealth LLC boosted its position in Palantir Technologies by 37.4% during the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company's stock worth $1,296,000 after purchasing an additional 4,667 shares during the period. Capstone Wealth Management Group LLC boosted its position in Palantir Technologies by 38.0% during the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company's stock worth $1,447,000 after purchasing an additional 4,722 shares during the period. Schnieders Capital Management LLC. lifted its holdings in Palantir Technologies by 36.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company's stock worth $858,000 after buying an additional 1,694 shares in the last quarter. Finally, Vivaldi Capital Management LP acquired a new position in Palantir Technologies in the 2nd quarter worth $315,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

PLTR has been the topic of a number of recent analyst reports. Piper Sandler reiterated an "overweight" rating and issued a $230.00 price objective on shares of Palantir Technologies in a report on Tuesday, February 3rd. Zacks Research lowered shares of Palantir Technologies from a "strong-buy" rating to a "hold" rating in a report on Friday, January 30th. Argus upgraded shares of Palantir Technologies to a "hold" rating in a report on Monday, February 9th. DA Davidson reiterated a "neutral" rating and issued a $180.00 price objective on shares of Palantir Technologies in a report on Thursday, April 16th. Finally, HSBC lowered shares of Palantir Technologies from a "buy" rating to a "hold" rating and cut their price objective for the stock from $205.00 to $151.00 in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $192.17.

Palantir Technologies News Summary

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

• Positive Sentiment: Buy-side momentum from Oppenheimer, which initiated coverage with an Outperform ( $200 target) and framed Palantir as an AI-platform leader, is lifting investor sentiment. Barron's: Palantir Stock Gets a Fresh Buy Rating
• Positive Sentiment: Large contract wins and commercial expansion are tangible growth drivers — notably a reported $300M USDA blanket purchase agreement and new industrial deals (e.g., Cleveland‑Cliffs) that show sticky, multi‑year AI revenue potential. Yahoo Finance: Why Palantir Is Expanding Its AI Footprint at the USDA
• Positive Sentiment: Analysts and traders have pushed the stock higher into earnings on the view that AI demand could translate into another strong quarter; several outlets note bullish analyst commentary and technical strength ahead of the report. Benzinga: Palantir Rallies Before May 4 Earnings
• Neutral Sentiment: Q1 earnings (May 4 after the close) are the near-term catalyst; options/implied‑move data suggest traders expect a sizable post‑earnings swing — that raises both upside and downside risk. Investopedia: Expected Post‑Earnings Move
• Neutral Sentiment: Broader tech/AI market strength is supporting PLTR flows this week (MarketBeat roundup highlights AI trade momentum), but macro or sector shocks could quickly reverse momentum. MarketBeat: Week in Review
• Negative Sentiment: HSBC downgraded PLTR from Buy to Hold and cut its target to $151 (from $205), signaling some analyst caution on near‑term upside given valuation — that downgrade capped some gains intraday. Benzinga: HSBC Downgrade
• Negative Sentiment: Valuation and discount‑to-earnings concerns persist (high P/E, premium multiple), and prominent skeptics/shorts (e.g., Michael Burry) remain active — these keep downside risk if earnings or guidance disappoint. 247WallSt: Michael Burry Still Bearish

Palantir Technologies Stock Performance

Shares of Palantir Technologies stock opened at $144.07 on Monday. The firm has a market cap of $344.57 billion, a PE ratio of 228.69, a price-to-earnings-growth ratio of 2.69 and a beta of 1.52. The firm's 50-day simple moving average is $145.27 and its 200-day simple moving average is $162.50. Palantir Technologies Inc. has a 1 year low of $105.32 and a 1 year high of $207.52.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its earnings results 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. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company's revenue for the quarter was up 70.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.14 EPS. On average, equities analysts predict that Palantir Technologies Inc. will post 1.05 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Stephen Andrew Cohen sold 327,088 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 $43,738,207.36. Following the sale, the insider owned 592 shares in the company, valued at approximately $79,162.24. This represents a 99.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider David A. Glazer sold 17,438 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 transaction of $2,331,809.36. Following the completion of the sale, the insider owned 392,370 shares in the company, valued at approximately $52,467,716.40. This trade represents a 4.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 1,029,479 shares of company stock worth $137,685,797. Company insiders own 9.53% 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.

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