Vest Financial LLC Sells 21,333 Shares of Palantir Technologies Inc. $PLTR

Key Points

• Vest Financial LLC cut its Palantir stake by 59.1% in Q4, selling 21,333 shares and leaving 14,779 shares valued at about $2.63 million.
• There has been heavy insider selling$137.7 million) in the past 90 days (including CEO Alexander Karp's 493,025-share sale); insiders now own 9.23% of the stock while institutions hold 45.65%.
• Analyst coverage is mixed but generally positive with a consensus rating of “Moderate Buy” and a $194.17 consensus price target, as Palantir shows commercial traction (e.g., a Cleveland‑Cliffs AI deal) but faces hyperscaler competition and valuation concerns.

Vest Financial LLC decreased its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 59.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 14,779 shares of the company's stock after selling 21,333 shares during the period. Vest Financial LLC's holdings in Palantir Technologies were worth $2,627,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bare Financial Services Inc raised its position in shares of Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company's stock valued at $28,000 after acquiring an additional 55 shares during the last quarter. Financial Consulate Inc. acquired a new stake in shares of Palantir Technologies in the 3rd quarter valued at approximately $30,000. Morton Brown Family Wealth LLC raised its position in shares of Palantir Technologies by 250.0% in the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company's stock valued at $31,000 after acquiring an additional 125 shares during the period. Flagship Wealth Advisors LLC acquired a new stake in shares of Palantir Technologies in the 3rd quarter valued at approximately $32,000. Finally, United Financial Planning Group LLC acquired a new stake in shares of Palantir Technologies in the 3rd quarter valued at approximately $32,000. Institutional investors own 45.65% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on PLTR shares. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $200.00 price target on shares of Palantir Technologies in a report on Tuesday, February 3rd. Benchmark started coverage on shares of Palantir Technologies in a report on Wednesday, April 1st. They issued a "hold" rating for the company. Zacks Research lowered shares of Palantir Technologies from a "strong-buy" rating to a "hold" rating in a report on Friday, January 30th. DZ Bank started coverage on shares of Palantir Technologies in a report on Thursday, April 23rd. They issued a "buy" rating and a $175.00 price target for the company. Finally, Robert W. Baird raised shares of Palantir Technologies from a "neutral" rating to an "outperform" rating and set a $200.00 price target for the company in a report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Palantir Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $194.17.

Key Palantir Technologies News

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

• Positive Sentiment: Commercial traction: Palantir signed a multi‑year AI deal with Cleveland‑Cliffs to deploy AIP across steel operations — a tangible enterprise win that validates industrial use cases and recurring revenue potential. Cleveland‑Cliffs Signs 3‑Year AI Deal With Palantir
• Positive Sentiment: Analyst bullishness ahead of earnings: Several firms (Wedbush, Rosenblatt, others) expect another strong Q1 driven by AIP adoption and government contracts, with high price targets (e.g., Wedbush $230) supporting upside if results beat. Palantir Q1 expectations buoyed by commercial acceleration
• Neutral Sentiment: Pre‑earnings debate: Coverage is polarized — some upgrades (Seeking Alpha), some long‑term bull pieces — but much of the market is waiting for concrete Q1 metrics (revenue, AIP deal conversions) before taking fresh directional bets. Palantir Has Become A Buy Ahead Of Earnings
• Neutral Sentiment: Big potential contract opportunities (FAA, DoD pipelines) are being discussed on social platforms — large upside if Palantir wins, but uncertain timing and competitive hurdles remain. QuiverQuant FAA Contract Discussion
• Negative Sentiment: Competitive risk from hyperscalers: Alphabet’s renewed push into classified DoD AI (Gemini API access) raises the prospect of margin‑friendly, cloud‑native competition that could pressure Palantir’s services‑heavy model and valuation. Why Palantir Suddenly Looks Vulnerable After Google’s Move
• Negative Sentiment: Valuation squeeze and cautious notes: RBC and other outlets flagged stretched multiples; Citi trimmed its price target (keeps Buy but lowers PT), feeding selling pressure as the stock trades at a very high P/E. RBC Flags Valuation Stretch
• Negative Sentiment: Insider selling and region setbacks: Heavy insider liquidation and reports that Germany’s military is pausing Palantir adoption add near‑term sentiment risk and raise questions about geopolitical/regulatory traction in some markets. Germany’s military shuns Palantir

Palantir Technologies Trading Down 2.3%

Shares of NASDAQ PLTR opened at $137.97 on Thursday. The firm has a market cap of $329.98 billion, a PE ratio of 219.00, a PEG ratio of 2.75 and a beta of 1.68. Palantir Technologies Inc. has a 1-year low of $105.32 and a 1-year high of $207.52. The company has a fifty day moving average price of $145.19 and a 200 day moving average price of $162.89.

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

Insider Activity at Palantir Technologies

In other news, insider Ryan D. Taylor sold 19,988 shares of the firm's stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,672,795.36. Following the completion of the transaction, the insider directly owned 219,421 shares of the company's stock, valued at $29,340,976.12. This trade represents a 8.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 stock was sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the transaction, the insider directly owned 6,432,258 shares of the company's stock, valued at $860,507,475.24. This represents a 7.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,029,879 shares of company stock worth $137,746,253. 9.23% of the stock is currently owned by corporate insiders.

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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