Quent Long Short Global Small Cap Fund LP Takes Position in Palantir Technologies Inc. $PLTR

Key Points

• Quent Long Short Global Small Cap Fund opened a new position in Palantir, buying 5,788 shares in Q4 valued at about $1.03M, while other institutions (notably Los Angeles Capital) also increased holdings; institutional investors now own 45.65% of the stock.
• Insiders have been net sellers recently—including Alexander C. Karp's sale of 493,025 shares (~$66M)—with insiders selling 1,029,879 shares worth ~$137.7M over the last quarter and now owning 9.23% of the company.
• Operationally Palantir posted ~70% revenue growth and won a $300M USDA software agreement, and received fresh buy-side coverage (e.g., DZ Bank $175 PT), but the stock dropped ~7.2% amid sector rotation and valuation concerns despite a consensus "Moderate Buy" average target of $196.35.

Quent Long Short Global Small Cap Fund LP acquired a new stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,788 shares of the company's stock, valued at approximately $1,029,000.

Several other institutional investors have also modified their holdings of the company. Decker Retirement Planning Inc. lifted its holdings in shares of Palantir Technologies by 778.7% during the third quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company's stock valued at $11,187,000 after purchasing an additional 54,347 shares during the last quarter. Watershed Private Wealth LLC lifted its holdings in shares of Palantir Technologies by 75.3% during the third 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 lifted its position in shares of 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 acquiring an additional 3,868 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its position in shares of Palantir Technologies by 26.4% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 58,548 shares of the company's stock valued at $10,680,000 after acquiring an additional 12,229 shares in the last quarter. Finally, Los Angeles Capital Management LLC lifted its position in shares of Palantir Technologies by 153.8% in the 3rd quarter. Los Angeles Capital Management LLC now owns 1,397,606 shares of the company's stock valued at $254,951,000 after acquiring an additional 847,036 shares in the last quarter. Institutional investors and hedge funds own 45.65% of the company's stock.

Insider Buying and Selling

In other Palantir Technologies news, insider Jeffrey Buckley sold 1,232 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $129.08, for a total value of $159,026.56. Following the completion of the sale, the insider owned 43,108 shares in the company, valued at $5,564,380.64. This represents a 2.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Alexander C. Karp sold 493,025 shares of the firm's 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 sale, the insider directly owned 6,432,258 shares of the company's stock, valued at $860,507,475.24. This trade represents a 7.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,029,879 shares of company stock worth $137,746,253. Insiders own 9.23% of the company's stock.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Won a $300M Blanket Purchase Agreement with the U.S. Department of Agriculture — expands Palantir’s government revenue runway and ties the company to a politically important national farm-security initiative. USDA and Palantir sign $300 million software purchase agreement
• Positive Sentiment: DZ Bank initiated coverage with a Buy and $175 price target — a fresh institutional buy-rating that signals more analyst conviction and a material upside target vs. current levels. DZ Bank Just Launched Palantir at Buy With a $175 Target
• Positive Sentiment: Recent results show strong top-line momentum ( ~70% revenue growth cited by market coverage), supporting the narrative that Palantir is still scaling quickly. Palantir Rallies 4% as 70% Revenue Surge Overshadows Mizuho Price Target Cut
• Neutral Sentiment: Upcoming earnings/announcements could be an early AI-sector catalyst — one write-up flags a May earnings print that may move AI peers ahead of Nvidia. Timing makes the next few weeks important for sentiment. Palantir Earnings Could Ignite AI Stocks Before Nvidia
• Neutral Sentiment: New specialist ecosystem activity (Vanyar launch focused on Palantir Foundry/AIP) could help enterprise adoption but is too early to quantify. Palantir and AIP Specialist Firm, Vanyar, Launches
• Negative Sentiment: Stock sold off amid a broader software/AI rotation and risk‑off trade (investors moving to defensives as oil/bonds move), which overwhelmed company-specific positives today. Market-flow headlines flagged the same sector-driven pressure. Here's Why Palantir Stock Is Dropping 8% Despite A $300 Million Contract Win
• Negative Sentiment: Valuation and momentum concerns persist — some analysts/covers have trimmed targets or flagged downside risk, and commentary warns the rally may be vulnerable if growth expectations are repriced. Wall Street May Be Too Optimistic About Palantir -- 2 Red Flags Investors Shouldn't Ignore
• Negative Sentiment: Reputational noise from management’s public statements/“manifesto” and light-hearted merch has drawn media attention — such controversies can introduce political and PR risk given Palantir’s heavy government exposure. Palantir published a mini manifesto calling some cultures ‘harmful and middling’

Palantir Technologies Stock Down 7.2%

PLTR stock opened at $141.57 on Friday. Palantir Technologies Inc. has a 12-month low of $100.91 and a 12-month high of $207.52. The company has a market cap of $338.59 billion, a price-to-earnings ratio of 224.72, a PEG ratio of 2.94 and a beta of 1.68. The company has a 50 day moving average of $144.50 and a two-hundred day moving average of $164.12.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released 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. 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 prior year, the firm earned $0.14 EPS. The company's revenue was up 70.0% compared to the same quarter last year. On average, research analysts anticipate that Palantir Technologies Inc. will post 1.05 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on PLTR shares. Wedbush restated an "outperform" rating and issued a $230.00 price target on shares of Palantir Technologies in a research report on Friday, April 10th. Northland Securities upgraded shares of Palantir Technologies from a "market perform" rating to an "outperform" rating and set a $190.00 price target for the company in a research report on Tuesday, February 3rd. Truist Financial started coverage on shares of Palantir Technologies in a research report on Tuesday, January 6th. They issued a "buy" rating and a $223.00 price target for the company. Freedom Capital upgraded shares of Palantir Technologies from a "strong sell" rating to a "strong-buy" rating in a research report on Friday, February 13th. Finally, Jefferies Financial Group set a $208.00 price objective on Palantir Technologies in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $196.35.

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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