Palantir Technologies Inc. $PLTR is Fagan Associates Inc.'s 5th Largest Position

Key Points

• Fagan Associates trimmed its Palantir stake by 2.4% to 157,613 shares, making PLTR its 5th largest holding worth about $28.0M (≈3.7% of the firm's portfolio).
• Insiders sold a total of 1,029,879 shares worth roughly $137.7M in the last quarter (notable sales by Stephen A. Cohen and David A. Glazer), though insiders still own about 12.93% of the company.
• Palantir beat Q4 estimates with $0.25 EPS and $1.41B revenue (+70% YoY), but trades at a rich valuation (P/E ≈ 224) and carries a consensus "Moderate Buy" target of about $194.17, with the upcoming Q1 report seen as a potential sentiment catalyst.

Fagan Associates Inc. lessened its holdings in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 2.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 157,613 shares of the company's stock after selling 3,823 shares during the period. Palantir Technologies accounts for approximately 3.7% of Fagan Associates Inc.'s holdings, making the stock its 5th biggest position. Fagan Associates Inc.'s holdings in Palantir Technologies were worth $28,016,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of PLTR. Revolve Wealth Partners LLC purchased a new stake in Palantir Technologies in the 4th quarter worth $450,000. Bison Wealth LLC increased its stake in Palantir Technologies by 37.4% in the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company's stock worth $1,296,000 after buying an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC increased its stake in Palantir Technologies by 38.0% in the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company's stock worth $1,447,000 after buying an additional 4,722 shares in the last quarter. Schnieders Capital Management LLC. boosted its holdings in shares of Palantir Technologies by 36.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company's stock valued at $858,000 after purchasing an additional 1,694 shares during the last quarter. Finally, Vivaldi Capital Management LP bought a new position in shares of Palantir Technologies during the 2nd quarter valued at about $315,000. Hedge funds and other institutional investors own 45.65% of the company's stock.

Palantir Technologies Trading Down 1.3%

Shares of NASDAQ:PLTR opened at $141.25 on Wednesday. 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 $145.14 and a 200 day moving average price of $163.06. The company has a market cap of $337.82 billion, a price-to-earnings ratio of 224.20, a PEG ratio of 2.75 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its quarterly earnings results 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 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 the consensus estimate of $1.34 billion. During the same quarter last year, the firm earned $0.14 EPS. The firm's revenue for the quarter was up 70.0% compared to the same quarter last year. As a group, equities analysts forecast that Palantir Technologies Inc. will post 1.05 EPS for the current year.

Analyst Ratings Changes

PLTR has been the subject of several research reports. Northland Securities raised shares of 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. Weiss Ratings reissued a "hold (c+)" rating on shares of Palantir Technologies in a report on Tuesday, April 14th. Rosenblatt Securities reissued a "buy" rating and set a $200.00 price objective on shares of Palantir Technologies in a report on Wednesday, March 25th. Daiwa Securities Group raised shares of Palantir Technologies from a "neutral" rating to a "buy" rating and set a $180.00 price objective for the company in a report on Tuesday, February 10th. Finally, William Blair raised shares of Palantir Technologies from a "market perform" rating to an "outperform" rating in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $194.17.

Insider Transactions at Palantir Technologies

In related news, insider David A. Glazer sold 17,438 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $2,331,809.36. Following the completion of the transaction, the insider owned 392,370 shares of the company's stock, valued at approximately $52,467,716.40. This trade represents a 4.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction dated 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 completion of the transaction, the insider directly owned 592 shares of the company's stock, valued at approximately $79,162.24. The trade was a 99.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,029,879 shares of company stock worth $137,746,253 in the last quarter. Company insiders own 12.93% of the company's stock.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Cleveland‑Cliffs signed a multi‑year AI integration deal with Palantir to modernize manufacturing operations across North American facilities — a revenue and commercial‑wins signal for PLTR. Cleveland‑Cliffs Partners With Palantir
• Positive Sentiment: Palantir reportedly secured a large USDA Blanket Purchase Agreement (~$300M) to modernize national farm security — a meaningful government backlog item that supports recurring revenue expectations. Palantir Secures $300M USDA Agreement
• Neutral Sentiment: Investors are focused on Palantir’s Q1 report (May 4). Analysts warn results and forward guidance could swing sentiment sharply — good beats could restore the rally narrative; any weakness risks further multiple compression. Palantir Stock Could Change on May 4
• Neutral Sentiment: Citi trimmed its 12‑month price target to $210 from $260 but maintained a Buy rating and raised some estimates — signaling faith in fundamentals but acknowledging recent sector multiple compression. That keeps a mixed analyst backdrop. Citi Cuts Palantir Price Target to $210
• Negative Sentiment: Germany’s military said it will not award contracts to Palantir for now — a reputational and opportunity loss in Europe that highlights political/regulatory risks in government business. Germany's Military Shuns Palantir
• Negative Sentiment: Alphabet’s classified DoD deal (Gemini access) and broader hyperscaler push into defense AI create direct competitive pressure on Palantir’s higher‑touch, services‑heavy model — investors fear margin and contract share erosion if agencies favor scalable cloud/API approaches. Google Classified AI Contract Shakes Up Sector

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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