Empirical Financial Services LLC d.b.a. Empirical Wealth Management Increases Position in Palantir Technologies Inc. $PLTR

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 20.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,985 shares of the company’s stock after purchasing an additional 3,717 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Palantir Technologies were worth $3,908,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in PLTR. Decker Retirement Planning Inc. raised its holdings in Palantir Technologies by 778.7% during the third quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock worth $11,187,000 after purchasing an additional 54,347 shares during the last quarter. Prentice Wealth Management LLC acquired a new stake in Palantir Technologies in the third quarter valued at $550,000. Watershed Private Wealth LLC grew its holdings in Palantir Technologies by 75.3% in the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock valued at $1,423,000 after purchasing an additional 3,350 shares during the last quarter. GAM Holding AG increased its position in shares of Palantir Technologies by 39.0% in the third quarter. GAM Holding AG now owns 13,788 shares of the company’s stock valued at $2,515,000 after buying an additional 3,868 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC increased its position in shares of Palantir Technologies by 26.4% in the third quarter. GPS Wealth Strategies Group LLC now owns 58,548 shares of the company’s stock valued at $10,680,000 after buying an additional 12,229 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Key Palantir Technologies News

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

• Positive Sentiment: Renewed, expanded deal with automaker Stellantis boosts commercial revenue visibility and broadens Foundry/AI Platform deployments across vehicle operations — a tangible, near-term growth catalyst. Why Is Palantir Technologies (PLTR) Stock Rocketing Higher Today
• Positive Sentiment: DoD adoption: Palantir’s Maven AI being formalized as a program of record and new Navy/defense contract wins underline sticky, high-margin government revenue and multi-year visibility. Palantir Technologies (PLTR) Is Down 5.5% After Stellantis, Pentagon Deepen AI Ties
• Positive Sentiment: Strong fundamentals: recent quarters showed ~70% YoY revenue growth and large contract bookings (multi‑billion TCV), supporting bullish longer‑term growth narratives. Palantir Stock Soared Last Year. This Year It’s Down Sharply.
• Neutral Sentiment: Analysts are split: some firms (e.g., Dan Ives / Wedbush, Phillip Securities) remain constructive with high price targets, while others (Benchmark) initiate holds — creating divergent expectations that can amplify volatility. UBS has a message for Palantir investors
• Neutral Sentiment: Valuation debate: some metrics (per one valuation-focused piece) suggest Palantir could be undervalued on a specific ratio, but headline multiples remain very rich and sensitive to growth execution. Is Palantir Actually Undervalued? This Key Metric Says It Is
• Negative Sentiment: Valuation risk: analysts warn Palantir needs sustained 60–70% annual revenue growth to justify current prices — a very high bar that raises downside risk if growth decelerates. Palantir Needs 60%-70% Annual Revenue Growth to Justify Its Price
• Negative Sentiment: Geopolitical/security and reputational risks: reports of an NHS staff boycott over ethical concerns and mentions by Iran-linked groups as potential targets increase legal, contract and public‑opinion risk. NHS staff boycott Palantir’s data platform over ethical concerns Iran Identifies Palantir as a ‘Legitimate Target’ for Threatened Attacks
• Negative Sentiment: High multiples: price/sales and P/E ratios are extreme versus peers, leaving the stock exposed to sentiment-driven selloffs if growth or bookings miss. Palantir (PLTR) Traded at 100+ Price/Sales Ratio

Palantir Technologies Trading Up 1.3%

Shares of PLTR stock opened at $148.46 on Friday. The company has a market capitalization of $355.07 billion, a price-to-earnings ratio of 235.65, a PEG ratio of 2.90 and a beta of 1.68. The firm has a 50-day moving average price of $146.22 and a 200 day moving average price of $167.89. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data 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 the consensus estimate of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company’s quarterly revenue was up 70.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.14 earnings per share. As a group, research analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insider Buying and Selling at Palantir Technologies

In related news, insider Shyam Sankar sold 168,004 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the transaction, the insider directly owned 642,786 shares in the company, valued at approximately $85,953,343.92. This represents a 20.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Jeffrey Buckley sold 1,232 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total value of $159,026.56. Following the completion of the sale, the insider directly owned 43,108 shares in the company, valued at approximately $5,564,380.64. The trade was a 2.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,029,879 shares of company stock valued at $137,746,253. 9.23% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms recently commented on PLTR. Phillip Securities decreased their price objective on shares of Palantir Technologies from $208.00 to $190.00 and set a “buy” rating on the stock in a research report on Wednesday. Jefferies Financial Group set a $208.00 target price on shares of Palantir Technologies in a research report on Thursday, January 22nd. Zacks Research downgraded shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Robert W. Baird upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price target on the stock in a research report on Tuesday, February 3rd. Finally, Mizuho raised shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 price objective for the company in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $197.77.

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.