Cyr Financial Inc. Buys Shares of 6,336 Palantir Technologies Inc. $PLTR

Cyr Financial Inc. purchased a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,336 shares of the company’s stock, valued at approximately $1,126,000. Palantir Technologies accounts for about 0.7% of Cyr Financial Inc.’s investment portfolio, making the stock its 28th biggest holding.

Several other institutional investors have also modified their holdings of the business. Bare Financial Services Inc increased its stake in Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after purchasing an additional 55 shares in the last quarter. Delos Wealth Advisors LLC bought a new position in Palantir Technologies in the second quarter valued at approximately $29,000. Zeit Capital LLC acquired a new position in shares of Palantir Technologies in the second quarter valued at approximately $30,000. Financial Consulate Inc. acquired a new position in shares of Palantir Technologies in the third quarter valued at approximately $30,000. Finally, Retirement Wealth Solutions LLC bought a new stake in shares of Palantir Technologies during the third quarter worth $31,000. Institutional investors own 45.65% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on PLTR. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $200.00 target price on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Piper Sandler restated an “overweight” rating and issued a $230.00 price target on shares of Palantir Technologies in a report on Tuesday, February 3rd. Argus upgraded Palantir Technologies to a “hold” rating in a report on Monday, February 9th. Zacks Research cut Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Finally, William Blair upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating in a report on Monday, February 2nd. One 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 assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $197.77.

More Palantir Technologies News

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

• Positive Sentiment: Renewed, expanded partnership with automaker Stellantis — management confirmed a multi‑year roll‑out of Palantir AI and data tools across the business, a cited catalyst for the intraday rally. Article Title
• Positive Sentiment: Big analyst bullishness: Dan Ives (Wedbush) raised his price target to $230, highlighting Palantir as a key AI software name — this upgrade adds upside narrative for growth-focused investors. Article Title
• Positive Sentiment: Defense/government wins: the U.S. Department of Defense designated Palantir’s Maven (Maven Smart System) as a program of record and the company secured a Navy contract — strengthens recurring-government revenue thesis and technical moat. Article Title
• Neutral Sentiment: Mixed analyst actions: Phillip Securities trimmed its price target to $190 but kept a Buy, while Benchmark initiated coverage with a Hold — these are neither outright bearish nor strongly bullish and keep consensus views varied. Article Title
• Neutral Sentiment: Institutional moves and coverage chatter: small stake sales reported (Century Legend) and ongoing coverage debates (Mizuho reaffirmations, sector comparisons) keep headlines busy but not decisively directional. Article Title
• Negative Sentiment: Valuation concerns intensify: multiple outlets note Palantir trades at extremely rich multiples (P/S north of 100 in some screens, very high P/E) and that the stock requires sustained 60%–70% annual revenue growth to justify current levels — a high bar that raises downside risk if growth slows. Article Title
• Negative Sentiment: Critics and short interest remain vocal: high-profile skeptics (mentions of Michael Burry and valuation bears) plus commentary that the stock is “priced for perfection” cap how much multiple expansion is reasonable without flawless execution. Article Title

Insider Activity

In other news, insider Alexander C. Karp sold 493,025 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the sale, the insider owned 6,432,258 shares in the company, valued at $860,507,475.24. This represents a 7.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider David A. Glazer sold 17,438 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $2,331,809.36. Following the completion of the sale, the insider directly owned 392,370 shares of the company’s stock, valued at approximately $52,467,716.40. The trade was a 4.26% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,045,279 shares of company stock worth $140,539,043. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies Price Performance

Palantir Technologies stock opened at $146.49 on Thursday. The company has a market cap of $350.36 billion, a price-to-earnings ratio of 232.53, a P/E/G ratio of 2.90 and a beta of 1.67. The firm has a 50-day moving average of $146.57 and a 200-day moving average of $168.03. Palantir Technologies Inc. has a one year low of $66.12 and a one year 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. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the previous year, the business earned $0.14 earnings per share. Palantir Technologies’s quarterly revenue was up 70.0% on a year-over-year basis. As a group, sell-side analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

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.