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

Key Points

• CapWealth Advisors reduced its Palantir stake by 9.5%, selling 30,495 shares to hold 290,411 shares valued at about $51.62 million, making PLTR its fourth-largest position (≈3.5% of holdings).
• Company insiders have been net sellers recently — including Alexander Karp (sold 493,025 shares, ≈$65.96M) and David Glazer (sold 17,438 shares, ≈$2.33M) — with total insider sales of 1,029,879 shares (~$137.7M) in the past three months, though insiders still own 9.23% of the stock.
• Analyst and market sentiment is mixed: buy-side momentum and large commercial wins (reportedly a $300M USDA agreement) support upside, but recent downgrades, valuation concerns (PE ~229) and an expected sizable post-earnings move raise both upside and downside risk.

CapWealth Advisors LLC reduced its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 9.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 290,411 shares of the company's stock after selling 30,495 shares during the quarter. Palantir Technologies accounts for about 3.5% of CapWealth Advisors LLC's holdings, making the stock its 4th biggest position. CapWealth Advisors LLC's holdings in Palantir Technologies were worth $51,621,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Bare Financial Services Inc grew 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 valued at $28,000 after buying an additional 55 shares during the last quarter. Financial Consulate Inc. bought a new position in shares of Palantir Technologies in the third quarter valued at approximately $30,000. Morton Brown Family Wealth LLC lifted 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 valued at $31,000 after purchasing an additional 125 shares in the last quarter. Flagship Wealth Advisors LLC bought a new position in shares of Palantir Technologies in the third quarter valued at approximately $32,000. Finally, United Financial Planning Group LLC bought a new position in shares of Palantir Technologies in the third quarter valued at approximately $32,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

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

Insider Buying and Selling

In related news, insider David A. Glazer sold 17,438 shares of Palantir Technologies stock in a transaction that occurred on 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 sale, the insider owned 392,370 shares of the company's stock, valued at approximately $52,467,716.40. The trade was a 4.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Alexander C. Karp sold 493,025 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.78, for a total value of $65,956,884.50. Following the completion of the sale, the insider directly owned 6,432,258 shares of the company's stock, valued at approximately $860,507,475.24. This trade represents a 7.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,029,879 shares of company stock worth $137,746,253 in the last three months. Insiders own 9.23% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on PLTR shares. Mizuho dropped their target price on Palantir Technologies from $195.00 to $185.00 and set an "outperform" rating on the stock in a report on Tuesday, April 14th. Phillip Securities dropped their target price on Palantir Technologies from $208.00 to $190.00 and set a "buy" rating on the stock in a report on Wednesday, April 1st. Citigroup lowered their target price on shares of Palantir Technologies from $260.00 to $210.00 and set a "buy" rating for the company in a report on Tuesday. Truist Financial initiated coverage on shares of Palantir Technologies in a report on Tuesday, January 6th. They issued a "buy" rating and a $223.00 target price for the company. Finally, DZ Bank initiated coverage on shares of Palantir Technologies in a report on Thursday, April 23rd. They issued a "buy" rating and a $175.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $192.17.

Palantir Technologies Trading Up 3.6%

NASDAQ:PLTR opened at $144.07 on Friday. The stock has a market capitalization of $344.57 billion, a PE ratio of 228.69, a price-to-earnings-growth ratio of 2.68 and a beta of 1.53. The firm's 50 day moving average is $145.27 and its 200 day moving average is $162.72. Palantir Technologies Inc. has a 12 month low of $105.32 and a 12 month high of $207.52.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted its quarterly earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion for the quarter, compared to analysts' expectations of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. Palantir Technologies's revenue was up 70.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.14 EPS. Research analysts predict that Palantir Technologies Inc. will post 1.05 earnings per share for the current year.

Palantir Technologies Company 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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