Cadinha & Co. LLC Has $5.25 Million Position in Palantir Technologies Inc. $PLTR

Cadinha & Co. LLC reduced its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 54.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 29,538 shares of the company’s stock after selling 34,812 shares during the quarter. Palantir Technologies comprises 0.8% of Cadinha & Co. LLC’s holdings, making the stock its 26th largest position. Cadinha & Co. LLC’s holdings in Palantir Technologies were worth $5,250,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of PLTR. Bare Financial Services Inc raised its stake in Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after acquiring an additional 55 shares in the last quarter. Financial Consulate Inc. acquired a new position in Palantir Technologies during the third quarter worth $30,000. Morton Brown Family Wealth LLC raised its stake in Palantir Technologies by 250.0% during the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock worth $31,000 after acquiring an additional 125 shares in the last quarter. Flagship Wealth Advisors LLC acquired a new position in Palantir Technologies during the third quarter worth $32,000. Finally, United Financial Planning Group LLC acquired a new position in Palantir Technologies during the third quarter worth $32,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies Stock Down 7.2%

Palantir Technologies stock opened at $141.57 on Friday. The business’s 50-day simple moving average is $144.50 and its 200 day simple moving average is $164.12. The stock has a market cap of $338.59 billion, a price-to-earnings ratio of 224.72, a P/E/G ratio of 2.94 and a beta of 1.68. Palantir Technologies Inc. has a 12-month low of $100.91 and a 12-month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last posted 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. The business had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The firm’s quarterly revenue was up 70.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.14 earnings per share. As a group, sell-side analysts expect that Palantir Technologies Inc. will post 1.05 EPS for the current year.

Insiders Place Their Bets

In other Palantir Technologies news, insider David A. Glazer sold 17,438 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shyam Sankar sold 168,004 shares of the firm’s 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 transaction, the insider owned 642,786 shares in the company, valued at approximately $85,953,343.92. This trade represents a 20.72% 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 valued at $137,746,253 over the last 90 days. Corporate insiders own 9.23% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on PLTR shares. Piper Sandler reiterated an “overweight” rating and set a $230.00 price objective on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Rosenblatt Securities reiterated a “buy” rating and set a $200.00 price objective on shares of Palantir Technologies in a research note on Wednesday, March 25th. Zacks Research lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. UBS Group raised their target price on Palantir Technologies from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, March 18th. Finally, Wedbush restated an “outperform” rating and issued a $230.00 target price on shares of Palantir Technologies in a research note on Friday, April 10th. One 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 issued a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $196.35.

Palantir Technologies News Roundup

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 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.