Elevatus Welath Management Has $1.07 Million Stock Position in Palantir Technologies Inc. $PLTR

Elevatus Welath Management lessened its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 71.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,031 shares of the company’s stock after selling 14,957 shares during the quarter. Elevatus Welath Management’s holdings in Palantir Technologies were worth $1,072,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Norges Bank acquired a new stake in Palantir Technologies in the 2nd quarter worth about $3,307,457,000. Vanguard Group Inc. boosted its holdings in Palantir Technologies by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock valued at $39,017,133,000 after purchasing an additional 8,168,604 shares during the period. State Street Corp grew its position in shares of Palantir Technologies by 7.2% during the 3rd quarter. State Street Corp now owns 101,258,899 shares of the company’s stock worth $18,471,648,000 after purchasing an additional 6,777,771 shares in the last quarter. Amundi increased its holdings in shares of Palantir Technologies by 38.7% during the third quarter. Amundi now owns 15,679,158 shares of the company’s stock worth $2,814,879,000 after purchasing an additional 4,373,201 shares during the period. Finally, Wellington Management Group LLP increased its holdings in shares of Palantir Technologies by 228.0% during the third quarter. Wellington Management Group LLP now owns 5,182,560 shares of the company’s stock worth $945,403,000 after purchasing an additional 3,602,471 shares during the period. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Key Palantir Technologies News

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

• Positive Sentiment: Maven designated a Pentagon program of record, which institutionalizes Palantir’s military AI platform and makes government revenue more durable — a material long-term revenue catalyst for PLTR. How Maven Turns Palantir’s Biggest Risk Into Its Biggest Strength
• Positive Sentiment: Palantir was named a core software developer on the high‑profile Golden Dome missile‑defense program alongside Anduril — a potential multibillion, multi‑year revenue opportunity that underpins the defense growth thesis. Palantir’s Golden Dome Role Reframes Defense Growth And Valuation Debate
• Positive Sentiment: Bain has expanded its lead global consulting partnership with Palantir to accelerate enterprise AI adoption — commercial traction that complements government revenue and supports longer‑term growth. Bain & Company announces expansion of lead global management consulting partnership with Palantir
• Positive Sentiment: Analysts (e.g., Rosenblatt, Wedbush and others) have reiterated buy ratings and raised targets — supporting upside scenarios tied to defense programs like Golden Dome. Analyst sets Palantir stock price target amid White House’s Golden Dome plan
• Neutral Sentiment: Long‑term price models and price‑target pieces vary widely (median targets high‑hundreds to low‑$200s); some outlets publish multi‑year forecasts but these depend heavily on execution and defense budget outcomes. Palantir Price Prediction: Where Will The AI Stock Be In 2030?
• Negative Sentiment: Technicals and profit‑taking: PLTR has pulled back from recent highs and faces chatter about a potential bull trap amid a broader tech correction — selling pressure that can amplify volatility. Why Palantir Stock (PLTR) Tumbled Today and Why One Analyst Still Sees Upside
• Negative Sentiment: Insider and institutional flows show heavy insider selling and large institutional rebalances (some big firms trimming positions) — that raises near‑term headline risk and can pressure the stock despite operational wins. Palantir Technologies Stock Opinions on Golden Dome Involvement

Insider Activity at Palantir Technologies

In related news, insider Alexander C. Karp sold 493,025 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.78, for a total value of $65,956,884.50. Following the sale, the insider directly owned 6,432,258 shares of the company’s stock, valued at $860,507,475.24. This trade represents a 7.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Stephen Andrew Cohen sold 327,088 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $43,738,207.36. Following the completion of the transaction, the insider owned 592 shares in the company, valued at approximately $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 1,045,279 shares of company stock worth $140,539,043 in the last three months. Insiders own 9.23% of the company’s stock.

Palantir Technologies Trading Down 3.0%

NASDAQ PLTR opened at $143.06 on Friday. The firm’s 50 day simple moving average is $148.06 and its 200 day simple moving average is $168.49. The firm has a market capitalization of $342.15 billion, a price-to-earnings ratio of 227.08, a P/E/G ratio of 2.92 and a beta of 1.70. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the previous year, the business earned $0.14 earnings per share. The company’s revenue was up 70.0% on a year-over-year basis. On average, equities research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on PLTR shares. Citigroup boosted their price target on Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Zacks Research lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. Northland Securities raised 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. The Goldman Sachs Group cut their target price on Palantir Technologies from $188.00 to $182.00 in a research report on Tuesday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $200.00 target price on shares of Palantir Technologies in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $198.59.

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.