Palantir Technologies Inc. $PLTR Shares Sold by Calamos Advisors LLC

Key Points

• Calamos Advisors LLC trimmed its stake in Palantir by 11.7% in Q4, selling 80,750 shares and leaving it with 609,519 shares valued at about $108.34 million as of the SEC filing.
• Analyst sentiment is broadly bullish — Palantir has a consensus rating of "Moderate Buy" with a $196.35 target — supported by recent wins including a $300M USDA deal and multiple federal contracts, although the stock has seen sharp short‑term pullbacks.
• Insiders sold roughly 1,029,879 shares (~$137.7M) over the last three months (insiders now own 9.23%), while PLTR trades around $143 with a market cap of $342.23 billion and a 12‑month range of $105.32–$207.52.

Calamos Advisors LLC lessened its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 11.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 609,519 shares of the company's stock after selling 80,750 shares during the quarter. Calamos Advisors LLC's holdings in Palantir Technologies were worth $108,342,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Virtus Wealth Solutions LLC raised its holdings in shares of Palantir Technologies by 48.7% during the 4th quarter. Virtus Wealth Solutions LLC now owns 6,379 shares of the company's stock valued at $1,134,000 after buying an additional 2,090 shares during the period. Obermeyer Wealth Partners raised its holdings in shares of Palantir Technologies by 30.8% during the 4th quarter. Obermeyer Wealth Partners now owns 1,811 shares of the company's stock valued at $322,000 after buying an additional 426 shares during the period. Guardian Asset Advisors LLC raised its holdings in shares of Palantir Technologies by 2.9% during the 4th quarter. Guardian Asset Advisors LLC now owns 29,527 shares of the company's stock valued at $5,248,000 after buying an additional 836 shares during the period. TBH Global Asset Management LLC raised its holdings in shares of Palantir Technologies by 1.0% during the 4th quarter. TBH Global Asset Management LLC now owns 12,605 shares of the company's stock valued at $2,240,000 after buying an additional 130 shares during the period. Finally, Golden Reserve Retirement LLC purchased a new stake in shares of Palantir Technologies during the 4th quarter valued at about $1,136,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on PLTR shares. HSBC upgraded 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. Weiss Ratings reiterated a "hold (c+)" rating on shares of Palantir Technologies in a report on Tuesday, April 14th. Cantor Fitzgerald reiterated a "neutral" rating on shares of Palantir Technologies in a report on Tuesday, February 3rd. Freedom Capital upgraded Palantir Technologies from a "strong sell" rating to a "strong-buy" rating in a report on Friday, February 13th. Finally, Northland Securities upgraded Palantir Technologies from a "market perform" rating to an "outperform" rating and set a $190.00 target price on the stock in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have assigned a Hold rating and two have assigned 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 $196.35.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Won a $300M USDA agreement to modernize farm program operations and national farm security — a meaningful, non‑defense expansion of Palantir’s government footprint that supports durable revenue growth. Palantir Aims to Protect the U.S. Food Supply. Is Its $300M USDA Deal Important for PLTR Stock?
• Positive Sentiment: Multiple federal contract wins and a reported Pentagon program of record (plus cited DHS and FAA opportunities) reinforce Palantir’s government revenue runway and give analysts confidence in multi‑year visibility. This is a key driver behind recent bullish analyst notes. Why Palantir's Story Just Entered A New Phase
• Positive Sentiment: New buy coverage from DZ Bank (launch at Buy, $175 target) and other bullish analyst updates are providing near‑term support and a higher reference price for investors. DZ Bank Just Launched Palantir at Buy With a $175 Target
• Positive Sentiment: Macro AI narrative and coverage placing Palantir among AI “trillion‑dollar contenders” (AIP platform and boot camps highlighted) support long‑term upside expectations for investors focused on AI platform plays. Palantir Technologies (PLTR): The Trillion-Dollar Contender Nobody Is Talking About
• Neutral Sentiment: Vanyar and third‑party ecosystem builds (AIP/Foundry specialists) could accelerate enterprise adoption but are early stage — important for execution but not immediate revenue drivers. Palantir and AIP Specialist Firm, Vanyar, Launches
• Negative Sentiment: Activist/ESG pressure: campaigners urged the Swiss National Bank to sell its ~$1.1B Palantir stake over immigration‑enforcement ties — reputational risk that can attract headline volatility and politically driven selling. Swiss National Bank Urged to Offload $1.1B Palantir (PLTR) Stake, Here’s Why
• Negative Sentiment: Shares recently pulled back sharply (single‑day drops ~7–8%) as a broader software/AI rotation and short‑term risk‑off hit growth names — traders selling into headlines despite contract wins. That momentum swing is the main reason for intraday weakness. Here's Why Palantir Stock Is Dropping 8% Despite A $300 Million Contract Win
• Negative Sentiment: Critical commentary (AI no longer differentiator; warnings that Wall Street may be overly optimistic) highlights execution and valuation risks — useful caution for investors chasing momentum. Palantir: AI No Longer A Differentiator

Palantir Technologies Trading Up 1.1%

PLTR stock opened at $143.09 on Friday. The stock's 50 day simple moving average is $144.74 and its 200 day simple moving average is $163.87. Palantir Technologies Inc. has a 12-month low of $105.32 and a 12-month high of $207.52. The firm has a market cap of $342.23 billion, a P/E ratio of 227.13, a P/E/G ratio of 2.72 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts' expectations of $1.34 billion. During the same period last year, the business posted $0.14 earnings per share. The firm's revenue for the quarter was up 70.0% on a year-over-year basis. On average, research analysts forecast that Palantir Technologies Inc. will post 1.05 EPS for the current fiscal year.

Insider Activity

In related news, insider David A. Glazer sold 17,438 shares of the firm's stock in a transaction on Friday, February 20th. The stock was 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 in the company, valued at $52,467,716.40. This trade represents a 4.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Shyam Sankar sold 168,004 shares of the company's stock in a transaction on Friday, February 20th. The stock was 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 of the company's stock, valued at approximately $85,953,343.92. The trade was a 20.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,029,879 shares of company stock valued at $137,746,253 over the last three months. 9.23% of the stock is currently owned by company insiders.

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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