United Asset Strategies Inc. Decreases Stock Holdings in Palantir Technologies Inc. $PLTR

Key Points

• United Asset Strategies Inc. trimmed its Palantir stake by 29.9% in Q4, selling 3,918 shares and leaving 9,201 shares valued at about $1.635 million.
• Insiders have sold roughly 1,029,879 shares worth $137.7 million in the past three months (including David A. Glazer and Jeffrey Buckley), though company insiders still hold 9.23% of the stock.
• Palantir recently beat estimates with $0.25 EPS and ~70% year‑over‑year revenue growth, and has positive catalysts from government wins (a $300 million USDA deal and potential $2.3 billion DoD Maven funding) despite ongoing valuation concerns.

United Asset Strategies Inc. trimmed its holdings in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 29.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,201 shares of the company's stock after selling 3,918 shares during the quarter. United Asset Strategies Inc.'s holdings in Palantir Technologies were worth $1,635,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Caprock Group LLC lifted its stake in Palantir Technologies by 4.2% in the 4th quarter. Caprock Group LLC now owns 200,232 shares of the company's stock worth $35,591,000 after purchasing an additional 8,078 shares in the last quarter. Kingswood Wealth Advisors LLC raised its position in shares of Palantir Technologies by 1.1% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 59,836 shares of the company's stock valued at $10,636,000 after buying an additional 625 shares during the period. KLP Kapitalforvaltning AS raised its position in shares of Palantir Technologies by 1.6% during the 4th quarter. KLP Kapitalforvaltning AS now owns 862,000 shares of the company's stock valued at $153,220,000 after buying an additional 13,200 shares during the period. Bedel Financial Consulting Inc. raised its position in shares of Palantir Technologies by 1.6% during the 4th quarter. Bedel Financial Consulting Inc. now owns 9,041 shares of the company's stock valued at $1,607,000 after buying an additional 140 shares during the period. Finally, Headland Capital LLC raised its position in shares of Palantir Technologies by 7.0% during the 4th quarter. Headland Capital LLC now owns 3,471 shares of the company's stock valued at $617,000 after buying an additional 227 shares during the period. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Palantir Technologies

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 completion of the sale, the insider owned 392,370 shares in the company, valued at approximately $52,467,716.40. This trade represents a 4.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $129.08, for a total transaction of $159,026.56. Following the completion of the sale, the insider owned 43,108 shares of the company's stock, valued at $5,564,380.64. This trade represents a 2.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,029,879 shares of company stock worth $137,746,253 in the last three months. Company insiders own 9.23% of the company's stock.

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $152.62 on Thursday. Palantir Technologies Inc. has a fifty-two week low of $97.83 and a fifty-two week high of $207.52. The firm has a 50 day moving average price of $144.25 and a 200 day moving average price of $164.28. The company has a market capitalization of $365.02 billion, a PE ratio of 242.26, a price-to-earnings-growth ratio of 2.81 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share 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 firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter last year, the firm earned $0.14 EPS. The firm's revenue for the quarter was up 70.0% on a year-over-year basis. As a group, equities research analysts forecast that Palantir Technologies Inc. will post 1.05 earnings per share for the current year.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Won a $300 million Blanket Purchase Agreement with the U.S. Department of Agriculture to modernize farm services and national farm security — a sizable, multi‑year government revenue opportunity that directly supports Palantir’s government backlog and recurring-revenue story. USDA and Palantir sign $300 million software purchase agreement
• Positive Sentiment: Report that the Department of Defense has requested $2.3 billion for the Maven Smart System — if funded, this would underwrite large-scale DoD deployment of Palantir tech and materially expand its defense TAM. Palantir Stock: DOD Seeks 'Massive' $2.3 Billion Funding For Maven System
• Positive Sentiment: Picked up additional U.S. federal wins (FAA sole‑source data modernization contract and SMART AI finalist mentions) that broaden Palantir’s footprint in critical infrastructure — reinforces government sector momentum. Palantir’s FAA Win And Manifesto Reframe Long Term Government Risk Profile
• Positive Sentiment: Quarterly results and company commentary showing accelerating revenue (reported ~70% YoY growth in recent period) continue to underpin the AI/revenue narrative that investors are rewarding. Palantir Rallies 4% as 70% Revenue Surge Overshadows Mizuho Price Target Cut
• Positive Sentiment: Some analysts (e.g., William Blair) remain bullish, citing deepening DoD ties and Maven growth despite valuation risks — supports buy-side interest on contract news. Deepening DoD Ties and Maven Smart System Growth Underpin Palantir Buy Rating Despite Valuation Risk
• Neutral Sentiment: DA Davidson reiterated a neutral rating with a $180 target — acknowledges the company’s strengths but signals tempered upside at current multiples. Is Palantir Technologies Inc. (PLTR) One of the Top Software Stocks?
• Neutral Sentiment: Mizuho trimmed its price target (from $195 to $185) but kept an Outperform rating — mixed signals on valuation vs. growth. Here’s Why Mizuho Lowered Price Target on Palantir Technologies (PLTR)
• Negative Sentiment: Persistent valuation concerns: several outlets argue PLTR remains richly priced versus fundamentals (some bear pieces predict large downside), creating sensitivity to any slowdown or weaker guidance. Prediction: Palantir Stock Could Fall 80% Further
• Negative Sentiment: CEO Alex Karp’s widely discussed manifesto has drawn criticism in some markets and stirred reputational debate — a potential political/regulatory risk for a government‑centric contractor. Palantir published a mini manifesto calling some cultures ‘harmful and middling’ and said Silicon Valley has ‘a moral debt’ to the U.S.
• Negative Sentiment: Some commentary flagged insider selling and the risk that strong headline wins are already priced in — could cap near‑term upside if buyers don’t follow through. Palantir Stock Pops on USDA Deal. Should You Buy PLTR Stock Here?

Analyst Upgrades and Downgrades

PLTR has been the topic of several analyst reports. Benchmark initiated coverage on shares of Palantir Technologies in a research report on Wednesday, April 1st. They set a "hold" rating on the stock. DA Davidson reaffirmed a "neutral" rating and set a $180.00 price target on shares of Palantir Technologies in a research report on Thursday, April 16th. Freedom Capital raised shares of Palantir Technologies from a "strong sell" rating to a "strong-buy" rating in a research report on Friday, February 13th. Phillip Securities reduced their price target on shares of Palantir Technologies from $208.00 to $190.00 and set a "buy" rating on the stock in a research report on Wednesday, April 1st. Finally, Jefferies Financial Group set a $208.00 price target on shares of Palantir Technologies in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $197.32.

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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