QP Wealth Management LLC Invests $2.88 Million in Palantir Technologies Inc. $PLTR

Key Points

• QP Wealth Management acquired a new position of 16,186 Palantir shares worth about $2.88 million, representing roughly 2.5% of the fund’s holdings and its 10th-largest holding.
• Large insider sales: Stephen A. Cohen sold 327,088 shares and CEO Alexander C. Karp sold 493,025 shares on Feb. 20, and insiders sold 1,045,279 shares worth $140.5 million in the last quarter, leaving insiders with about 9.23% ownership.
• Palantir posted strong Q4 results (70% revenue growth to $1.41B and an $11.2B backlog) and has bullish analyst support (consensus “Moderate Buy,” average target ≈ $196), but it trades at high multiples (PE ≈ 239), which raises valuation risk.

QP Wealth Management LLC acquired a new position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 16,186 shares of the company's stock, valued at approximately $2,877,000. Palantir Technologies makes up about 2.5% of QP Wealth Management LLC's holdings, making the stock its 10th largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. lifted its position in shares of Palantir Technologies by 778.7% in the third quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company's stock valued at $11,187,000 after acquiring an additional 54,347 shares in the last quarter. Prentice Wealth Management LLC purchased a new stake in Palantir Technologies during the 3rd quarter worth about $550,000. Watershed Private Wealth LLC raised its stake in Palantir Technologies by 75.3% in the 3rd quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company's stock valued at $1,423,000 after purchasing an additional 3,350 shares during the last quarter. GAM Holding AG raised its stake in Palantir Technologies by 39.0% in the 3rd quarter. GAM Holding AG now owns 13,788 shares of the company's stock valued at $2,515,000 after purchasing an additional 3,868 shares during the last quarter. Finally, Pinkerton Wealth LLC purchased a new position in Palantir Technologies in the 2nd quarter valued at about $3,394,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Palantir Technologies

In related news, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $43,738,207.36. Following the completion of the transaction, the insider directly owned 592 shares of the company's stock, valued at $79,162.24. This represents a 99.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Alexander C. Karp sold 493,025 shares of the firm's stock in a transaction that occurred on Friday, February 20th. The shares were 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 owned 6,432,258 shares in the company, valued at approximately $860,507,475.24. This represents a 7.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,045,279 shares of company stock worth $140,539,043 in the last quarter. 9.23% of the stock is currently owned by corporate insiders.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Keel Holdings joined Palantir on the Navy’s ShipOS effort, expanding Palantir’s footprint in U.S. shipbuilding on a program backed by up to $448M of authorized funding — a sizable government revenue catalyst for PLTR. A Quiet Navy Shipbuilding Move Just Put Palantir’s Software Deeper Into the Yard
• Positive Sentiment: UBS raised Palantir’s price target to $200, reiterating conviction after meeting company executives — analyst support can underpin further rallies and reduce near-term downside. UBS Group Raises Palantir Technologies NASDAQ: PLTR Price Target to $200.00
• Positive Sentiment: Palantir and NVIDIA unveiled a sovereign AI OS reference architecture (aimed at sensitive government and enterprise use cases), reinforcing TAM expansion in “physical AI” and strategic OEM partnerships. This bolsters the long‑term commercial growth narrative. Palantir Is Launching New AI OS Reference Architecture with Nvidia. Should You Buy PLTR Stock?
• Positive Sentiment: Investors and traders are highlighting Palantir’s strong Q4 results (70% revenue growth), a large $11.2B backlog and new defense/commercial contracts (Air Force, GE Aerospace) that support earnings acceleration expectations. Palantir Technologies Stock (PLTR) Opinions on Earnings Acceleration and New Deals
• Neutral Sentiment: Palantir inked a partnership with Moder to build AI mortgage operations software (pilot with Freedom Mortgage) — a commercial win but early-stage revenue implications. Palantir and Moder Partner to Transform Mortgage Industry
• Neutral Sentiment: PLTR is a top holding in thematic funds (e.g., ARKK); flows into/out of those ETFs can amplify moves but don’t change fundamentals — watch ETF positioning for short‑term pressure or relief. Is the ARK Innovation ETF Finding a Floor? Tesla and Robinhood Set the Tone (PLTR)
• Negative Sentiment: Valuation concerns persist—PLTR trades at very high multiples versus peers, and several commentaries warn the market may already price in much of the upside; lofty multiples increase downside risk if growth slows. Is It Too Late to Buy Palantir, or Is the Market Still Missing Something?
• Negative Sentiment: High-profile skeptics and notable short activity (media headlines and investor attacks) keep volatility elevated — continued negative press or insider sales could pressure the stock despite strong execution. Michael Burry Rails Against the Media Over Palantir Coverage

Palantir Technologies Price Performance

Shares of NASDAQ PLTR opened at $150.68 on Friday. The firm has a market capitalization of $360.38 billion, a PE ratio of 239.18, a P/E/G ratio of 3.09 and a beta of 1.70. Palantir Technologies Inc. has a 1-year low of $66.12 and a 1-year high of $207.52. The business's fifty day moving average price is $150.53 and its two-hundred day moving average price is $168.60.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company's revenue for the quarter was up 70.0% compared to the same quarter last year. Equities research analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

PLTR has been the topic of several analyst reports. Wedbush reaffirmed an "outperform" rating and set a $230.00 price target on shares of Palantir Technologies in a research note on Monday, March 16th. Citigroup upped their price objective on shares of Palantir Technologies from $235.00 to $260.00 and gave the company a "buy" rating in a research note on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $200.00 target price on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Phillip Securities assumed coverage on Palantir Technologies in a report on Thursday, January 22nd. They set a "buy" rating and a $208.00 price objective on the stock. Finally, Jefferies Financial Group set a $208.00 price objective on Palantir Technologies in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $196.32.

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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