Palantir Technologies Inc. $PLTR Shares Acquired by AlphaStar Capital Management LLC

Key Points

• AlphaStar Capital Management boosted its Palantir stake by 173.9% in Q4 to 59,513 shares (about $10.58M), representing ~0.8% of the fund and its 24th-largest holding.
• Palantir beat the quarter with $0.25 EPS vs. $0.23 expected and $1.41B revenue (up 70% YoY), but it trades at a high valuation (P/E ~228.7) amid mixed analyst sentiment (consensus "Moderate Buy", target ≈ $192).
• Insiders have been substantial net sellers recently, disposing of 1,029,879 shares worth roughly $137.7M in the past three months, including large transactions by Stephen A. Cohen and Ryan D. Taylor.

AlphaStar Capital Management LLC grew its holdings in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 173.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,513 shares of the company's stock after purchasing an additional 37,785 shares during the quarter. Palantir Technologies makes up approximately 0.8% of AlphaStar Capital Management LLC's portfolio, making the stock its 24th largest holding. AlphaStar Capital Management LLC's holdings in Palantir Technologies were worth $10,578,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Bare Financial Services Inc raised its holdings in shares of Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company's stock worth $28,000 after acquiring an additional 55 shares during the last quarter. Financial Consulate Inc. acquired a new position in shares of Palantir Technologies in the third quarter worth $30,000. Morton Brown Family Wealth LLC raised its holdings in shares of Palantir Technologies by 250.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company's stock worth $31,000 after acquiring an additional 125 shares during the last quarter. Flagship Wealth Advisors LLC acquired a new stake in shares of Palantir Technologies during the 3rd quarter worth about $32,000. Finally, United Financial Planning Group LLC acquired a new stake in shares of Palantir Technologies during the 3rd quarter worth about $32,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies Trading Up 3.6%

Shares of Palantir Technologies stock opened at $144.07 on Friday. Palantir Technologies Inc. has a twelve month low of $105.32 and a twelve month high of $207.52. The stock has a market capitalization of $344.57 billion, a P/E ratio of 228.69, a PEG ratio of 2.77 and a beta of 1.53. The business's fifty day moving average price is $145.27 and its 200 day moving average price is $162.62.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.23 by $0.02. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate 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 was up 70.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.14 EPS. As a group, sell-side analysts predict that Palantir Technologies Inc. will post 1.05 EPS for the current year.

Insider Buying and Selling at Palantir Technologies

In related news, insider Stephen Andrew Cohen sold 327,088 shares of Palantir Technologies stock in a transaction 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 transaction, the insider owned 592 shares in the company, valued at approximately $79,162.24. The trade was a 99.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Ryan D. Taylor sold 19,988 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,672,795.36. Following the transaction, the insider owned 219,421 shares in the company, 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. In the last three months, insiders have sold 1,029,879 shares of company stock worth $137,746,253. Corporate insiders own 9.23% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on PLTR shares. Wedbush reaffirmed an "outperform" rating and set a $230.00 price target on shares of Palantir Technologies in a research note on Friday, April 10th. Loop Capital decreased their price target on shares of Palantir Technologies from $230.00 to $220.00 and set a "buy" rating on the stock in a research note on Friday, January 30th. Oppenheimer began coverage on shares of Palantir Technologies in a research note on Thursday. They set an "outperform" rating and a $200.00 price target on the stock. Argus upgraded Palantir Technologies to a "hold" rating in a report on Monday, February 9th. Finally, Piper Sandler reiterated an "overweight" rating and issued a $230.00 price target on shares of Palantir Technologies in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Palantir Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $192.17.

Trending Headlines about Palantir Technologies

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 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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