Palantir Technologies Inc. $PLTR Shares Sold by Dakota Wealth Management

Dakota Wealth Management lessened its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 50.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,861 shares of the company’s stock after selling 16,059 shares during the period. Dakota Wealth Management’s holdings in Palantir Technologies were worth $2,893,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in Palantir Technologies in the second quarter worth about $3,307,457,000. Vanguard Group Inc. lifted its holdings in Palantir Technologies by 4.0% during the 3rd quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock worth $39,017,133,000 after buying an additional 8,168,604 shares during the last quarter. State Street Corp grew its position in shares of Palantir Technologies by 6.9% in the 2nd quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after acquiring an additional 6,097,629 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Palantir Technologies by 16.0% in the 2nd quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock valued at $2,806,182,000 after acquiring an additional 2,838,300 shares during the last quarter. Finally, Clear Street LLC bought a new stake in shares of Palantir Technologies in the 2nd quarter valued at approximately $295,508,000. 45.65% of the stock is currently owned by institutional investors.

More Palantir Technologies News

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

• Positive Sentiment: DISA granted Palantir Impact Level 6 provisional authorization for PFCS Forward, allowing deployment of Palantir’s stack in the most sensitive DoD cloud/edge environments — a strategic win that expands TAM and supports government revenue durability. Palantir Just Opened a New DoD Door—What Changes Now?
• Positive Sentiment: Palantir signed a large U.S. Department of Homeland Security software agreement (reported as ~$1B scope) and announced a Rackspace partnership to deploy Foundry/AIP — both bolster commercial/government pipeline and recurring revenue prospects. Palantir’s DHS Deal And Rackspace Tie Up Contrast With European Pushback
• Positive Sentiment: Mizuho and other boutiques have turned bullish, arguing Palantir is in a “category of one” with strong margin expansion— analyst praise that can support upside if momentum returns. Palantir is in a ‘category of one.’ Why Mizuho says you should buy PLTR stock now.
• Neutral Sentiment: Momentum/bull-case writeups (Zacks, Motley Fool, MarketBeat) highlight strong earnings, guidance and AIP adoption — supportive long-term, but not enough on their own to stop near‑term selling given valuation and market context. Palantir and 2 High-Momentum Stocks to Buy Now for Big Gains
• Neutral Sentiment: Several analyst/opinion pieces debate valuation (overvalued vs. dirt‑cheap). These generate trading interest but produce mixed signals for near‑term price direction. Is Palantir Stock Overvalued or Dirt Cheap? The Answer Might Blow Your Mind.
• Negative Sentiment: Large headline pullbacks — articles citing a 35–38% fall from recent highs — are amplifying fear and triggering technical selling after a steep rally, pressuring short‑term price action. Palantir Stock Drops 38%. Should You Buy PLTR for 2026 or Stay Away?
• Negative Sentiment: Governance and legal headlines (criticism from high‑profile short sellers, lawsuits in Europe, and removal from some institutional lists) are creating investor uncertainty around insider behavior and geopolitical/regulatory exposure. Why Are Palantir Technologies Shares Sliding Tuesday?
• Negative Sentiment: Short-term technical/market risk: PLTR’s high beta makes it vulnerable to broader AI/tech earnings swings and profit-taking; some analysts warn the stock is priced for near‑perfect execution. Palantir Technologies: Even This Plunge Doesn’t Make Shares Investment-Worthy

Palantir Technologies Stock Down 1.3%

Palantir Technologies stock opened at $128.84 on Wednesday. Palantir Technologies Inc. has a 52-week low of $66.12 and a 52-week high of $207.52. The firm has a market capitalization of $307.08 billion, a price-to-earnings ratio of 204.51, a PEG ratio of 2.51 and a beta of 1.64. The firm has a 50-day moving average price of $162.65 and a two-hundred day moving average price of $170.75.

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

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a report on Tuesday, February 3rd. Zacks Research downgraded shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Bank of America boosted their price objective on shares of Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. CICC Research raised their target price on shares of Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Finally, Truist Financial began coverage on Palantir Technologies in a research note on Tuesday, January 6th. They issued a “buy” rating and a $223.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $191.05.

Insider Activity at Palantir Technologies

In related news, insider Alexander C. Karp sold 493,025 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the sale, the insider directly owned 6,432,258 shares in the company, valued at $860,507,475.24. The trade was a 7.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the completion of the transaction, the insider owned 592 shares of the company’s stock, valued at $79,162.24. This represents a 99.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,054,279 shares of company stock worth $142,212,233 in the last ninety days. 12.93% of the stock is currently owned by corporate insiders.

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.