Merit Financial Group LLC Buys 18,244 Shares of Palantir Technologies Inc. $PLTR

Merit Financial Group LLC grew its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 11.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 178,806 shares of the company’s stock after buying an additional 18,244 shares during the period. Merit Financial Group LLC’s holdings in Palantir Technologies were worth $31,783,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Bare Financial Services Inc increased its position in 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 purchasing an additional 55 shares during the period. Financial Consulate Inc. bought a new position in Palantir Technologies during the 3rd quarter worth approximately $30,000. Retirement Wealth Solutions LLC acquired a new position in shares of Palantir Technologies in the 3rd quarter worth approximately $31,000. Flagship Wealth Advisors LLC acquired a new position in shares of Palantir Technologies in the 3rd quarter worth approximately $32,000. Finally, United Financial Planning Group LLC bought a new stake in shares of Palantir Technologies in the 3rd quarter valued at $32,000. 45.65% of the stock is currently owned by institutional investors.

Palantir Technologies Stock Up 0.4%

Shares of PLTR stock opened at $142.76 on Friday. The firm has a 50 day moving average of $143.51 and a 200-day moving average of $165.33. The company has a market cap of $341.44 billion, a price-to-earnings ratio of 226.61, a price-to-earnings-growth 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.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. Palantir Technologies’s quarterly revenue was up 70.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.14 EPS. Analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insider Activity

In related news, insider Shyam Sankar sold 168,004 shares of the business’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 completion of the sale, the insider directly owned 642,786 shares of the company’s stock, valued at $85,953,343.92. The trade was a 20.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Ryan D. Taylor sold 19,988 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $2,672,795.36. Following the transaction, the insider directly owned 219,421 shares in the company, valued at approximately $29,340,976.12. This trade represents a 8.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,029,879 shares of company stock valued at $137,746,253. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies News Roundup

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 Ratings Changes

Several equities research analysts have recently weighed in on PLTR shares. Benchmark started coverage on shares of Palantir Technologies in a research report on Wednesday, April 1st. They set a “hold” rating for the company. Citigroup upped their price target on shares of Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a research report on Tuesday, February 3rd. Northland Securities upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price target for the company in a report on Tuesday, February 3rd. Daiwa Securities Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a research report on Tuesday, February 10th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $200.00 price objective on shares of Palantir Technologies in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Palantir Technologies has an average rating of “Moderate Buy” and a consensus target price of $197.32.

Palantir Technologies Company 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.