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

Key Points

• CoreCap Advisors trimmed its stake in Palantir by 15.1%, selling 5,757 shares to hold 32,480 shares valued at about $5.77 million as of its latest 13F filing.
• Palantir reported a quarterly beat (EPS $0.25 vs. $0.23 consensus) and revenue of $1.41B, up 70% year‑over‑year, yet the stock is trading lower (down ~4.8%) with a very elevated valuation (PE ~234) and a market cap near $353 billion.
• Insiders have been net sellers—over 1.04 million shares (~$140.5M) sold in the last quarter—while analysts remain mixed but show a consensus of “Moderate Buy” with an average target around $198.59.

CoreCap Advisors LLC trimmed its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 15.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 32,480 shares of the company's stock after selling 5,757 shares during the period. CoreCap Advisors LLC's holdings in Palantir Technologies were worth $5,773,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Bare Financial Services Inc grew its holdings in shares of Palantir Technologies by 54.5% in the 3rd 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. Delos Wealth Advisors LLC purchased a new stake in shares of Palantir Technologies during the second quarter valued at $29,000. Zeit Capital LLC purchased a new stake in shares of Palantir Technologies during the second quarter valued at $30,000. Financial Consulate Inc. acquired a new position in shares of Palantir Technologies in the 3rd quarter valued at $30,000. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of Palantir Technologies in the 3rd quarter valued at $31,000. Institutional investors and hedge funds own 45.65% of the company's stock.

Palantir Technologies Trading Down 4.8%

Shares of NASDAQ PLTR opened at $147.56 on Friday. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The business has a 50-day moving average price of $148.62 and a two-hundred day moving average price of $168.58. The firm has a market capitalization of $352.92 billion, a PE ratio of 234.23, a PEG ratio of 3.07 and a beta of 1.70.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The firm's quarterly 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. Research analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Insider Transactions at Palantir Technologies

In other news, insider David A. Glazer sold 17,438 shares of the business's stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the transaction, the insider directly owned 392,370 shares in the company, valued at $52,467,716.40. The trade was a 4.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Ryan D. Taylor sold 19,988 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 transaction of $2,672,795.36. Following the completion of the transaction, the insider directly owned 219,421 shares in the company, valued at $29,340,976.12. This trade represents a 8.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,045,279 shares of company stock worth $140,539,043. 9.23% of the stock is owned by company insiders.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Expanded global partnership with Bain & Company to scale enterprise AI should accelerate commercial sales and implementation demand, improving Palantir's route to recurring revenue. Bain & Company announces expansion of lead global management consulting partnership with Palantir
• Positive Sentiment: Pentagon adoption of Palantir’s Maven as a formal program of record strengthens government revenue visibility and makes sizable multi‑year spend more likely — a key reason bulls justify the high multiple. Palantir Secures Pentagon Maven Role As Valuation And Growth Debated
• Positive Sentiment: Involvement on the reported $185B "Golden Dome" missile‑defense program with partners like Anduril could translate into multi‑year, high‑margin defense software revenue if contracts scale. That program has already driven analyst optimism and price‑target upgrades. Anduril, Palantir developing Golden Dome missile shield's software
• Positive Sentiment: Sell‑side support: Rosenblatt reaffirmed a "buy" and a $200 target, highlighting upside if execution continues and defense/commercial adoption expands. Rosenblatt reaffirms buy on Palantir (Benzinga)
• Neutral Sentiment: Analyst and media takes are split: coverage weighing Palantir as a major enterprise AI platform but noting intense competition and valuation risks — useful context but not an immediate catalyst. Palantir in the Enterprise AI Race (Zacks)
• Neutral Sentiment: Comparisons to larger AI plays (e.g., Nvidia) highlight Palantir's software exposure vs. hardware winners — frames long‑term thesis but doesn’t change near‑term cash flow profile. Nvidia vs Palantir: Which AI Stock is a Long-Term Buy?
• Negative Sentiment: Sectorwide tech profit‑taking and recent intraday weakness are pressuring PLTR despite positive news; several articles note sharp pullbacks tied to broad market moves. Palantir Drops 5% as Tech Sells Off (Yahoo)
• Negative Sentiment: Valuation and bearish analyst notes: high multiples (very elevated P/E) and calls from some firms to sell create downside risk if growth disappoints or defense wins don't translate to predictable revenue. Analyst says buy Amazon, sell Palantir (Fool)

Analyst Ratings Changes

Several analysts have issued reports on PLTR shares. Piper Sandler restated an "overweight" rating and set a $230.00 price objective on shares of Palantir Technologies in a report on Tuesday, February 3rd. DA Davidson decreased their target price on shares of Palantir Technologies from $215.00 to $180.00 and set a "neutral" rating for the company in a report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $200.00 target price on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Weiss Ratings lowered shares of Palantir Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, January 15th. Finally, Wall Street Zen downgraded shares of Palantir Technologies from a "buy" rating to a "hold" rating in a research report on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Palantir Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $198.59.

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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