Whittier Trust Co. increased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 52.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 195,242 shares of the company’s stock after acquiring an additional 67,453 shares during the period. Whittier Trust Co.’s holdings in Palantir Technologies were worth $35,087,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Iams Wealth Management LLC raised its holdings in Palantir Technologies by 7.6% during the fourth quarter. Iams Wealth Management LLC now owns 2,093 shares of the company’s stock valued at $372,000 after buying an additional 148 shares in the last quarter. Berkeley Inc bought a new stake in shares of Palantir Technologies during the 4th quarter worth about $370,000. Oxinas Partners LLC increased its holdings in shares of Palantir Technologies by 102.5% during the 4th quarter. Oxinas Partners LLC now owns 2,795 shares of the company’s stock valued at $497,000 after acquiring an additional 1,415 shares during the last quarter. Inman Jager Wealth Management LLC increased its holdings in shares of Palantir Technologies by 2.9% during the 4th quarter. Inman Jager Wealth Management LLC now owns 8,615 shares of the company’s stock valued at $1,531,000 after acquiring an additional 245 shares during the last quarter. Finally, CM Wealth Advisors LLC acquired a new position in shares of Palantir Technologies during the 4th quarter valued at about $266,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.
Palantir Technologies Stock Performance
Palantir Technologies stock opened at $142.76 on Friday. The business’s 50-day simple moving average is $143.51 and its 200-day simple moving average is $165.33. The firm has a market capitalization of $341.44 billion, a PE ratio of 226.61, a PEG ratio of 2.82 and a beta of 1.68. Palantir Technologies Inc. has a 52 week low of $89.31 and a 52 week high of $207.52.
Key Stories Impacting Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Presidential praise and high-profile endorsements have revived bullish sentiment for PLTR, reinforcing hopes of larger government awards and political tailwinds for Palantir’s defense-related AI products. Palantir Just Got a Presidential Nod and a Cathie Wood Buy
- Positive Sentiment: Analysts and sector commentary are highlighting AI momentum — upgrades and favorable notes point to solid fundamentals (AIP traction, U.S. commercial growth) that can support multiple expansion if execution continues. AI Momentum Lifts Intel, Palantir Ratings
- Positive Sentiment: Bull case reminders: deep defense/government entrenchment plus rapid U.S. commercial AIP adoption keep longer-term upside on the table for patient investors who buy the AI platform story. Got $3,000? Palantir Might Be the 1 Defense‑Tech Name
- Neutral Sentiment: DA Davidson reaffirmed a “neutral” rating with a $180 price target, signaling that some analysts see meaningful upside but remain cautious on valuation — a mixed catalyst for trading volatility. DA Davidson rating report (summary)
- Neutral Sentiment: Analyst price-target dispersion and coverage remain wide (median targets well above current levels), which can fuel big intra-day moves as investor expectations diverge ahead of upcoming earnings. Quiver Quant coverage summary
- Negative Sentiment: High-profile short sellers (notably Michael Burry) and persistent critiques about Palantir’s premium valuation are keeping downside pressure and volatility elevated — bears argue current multiples leave little room for execution misses. Michael Burry on Palantir vs Anthropic
- Negative Sentiment: Recent sharp pullbacks and multiple articles flagging a 30–35% decline underline investor wariness; media debate over “buy the dip” versus valuation risk is likely to keep trading choppy ahead of results. A 35% Dip Is Here for Palantir Stock
- Negative Sentiment: Intensifying competition from specialist AI firms (Anthropic and others) and questions about whether AIP pilots scale into large, repeatable enterprise deals inject strategic risk that could weigh on multiple contraction if wins slow. What’s next as AI competition intensifies?
Analyst Upgrades and Downgrades
PLTR has been the topic of a number of analyst reports. Truist Financial initiated coverage on Palantir Technologies in a report on Tuesday, January 6th. They set a “buy” rating and a $223.00 price objective on the stock. Argus raised Palantir Technologies to a “hold” rating in a report on Monday, February 9th. Robert W. Baird raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective on the stock in a report on Tuesday, February 3rd. Cantor Fitzgerald reissued a “neutral” rating on shares of Palantir Technologies in a report on Tuesday, February 3rd. Finally, The Goldman Sachs Group lowered their price objective on Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and two have assigned 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 $197.32.
Check Out Our Latest Stock Report on PLTR
Insiders Place Their Bets
In other news, insider Stephen Andrew Cohen sold 327,088 shares of Palantir Technologies stock in a transaction dated 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 transaction, the insider directly owned 592 shares in the company, valued at approximately $79,162.24. The trade was a 99.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Shyam Sankar sold 168,004 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $22,465,494.88. Following the completion of the transaction, the insider owned 642,786 shares in the company, valued at $85,953,343.92. The trade was a 20.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,029,879 shares of company stock valued at $137,746,253 in the last ninety days. Company insiders own 9.23% of the company’s stock.
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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