Buffalo Business & Estate Services Ltd. Makes New $15.29 Million Investment in Palantir Technologies Inc. $PLTR

Buffalo Business & Estate Services Ltd. bought a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 86,042 shares of the company’s stock, valued at approximately $15,294,000. Palantir Technologies accounts for approximately 2.2% of Buffalo Business & Estate Services Ltd.’s portfolio, making the stock its 9th biggest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mezzasalma Advisors LLC increased its holdings in shares of Palantir Technologies by 42.8% in the 4th quarter. Mezzasalma Advisors LLC now owns 19,346 shares of the company’s stock valued at $3,247,000 after purchasing an additional 5,797 shares in the last quarter. Leo Wealth LLC boosted its holdings in Palantir Technologies by 114.8% during the fourth quarter. Leo Wealth LLC now owns 6,615 shares of the company’s stock worth $1,176,000 after buying an additional 3,536 shares in the last quarter. Runnymede Capital Advisors Inc. purchased a new stake in Palantir Technologies during the fourth quarter worth about $332,000. Stonebridge Financial Group LLC grew its position in Palantir Technologies by 27.8% during the fourth quarter. Stonebridge Financial Group LLC now owns 9,394 shares of the company’s stock worth $1,670,000 after buying an additional 2,045 shares during the period. Finally, MBE Wealth Management LLC acquired a new position in Palantir Technologies during the fourth quarter worth about $229,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Palantir Technologies

In other news, insider Alexander C. Karp sold 493,025 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.78, for a total value of $65,956,884.50. Following the completion of the transaction, the insider owned 6,432,258 shares of the company’s stock, valued at $860,507,475.24. The trade was a 7.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Shyam Sankar sold 168,004 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were 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 $85,953,343.92. The trade was a 20.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,029,879 shares of company stock worth $137,746,253 in the last ninety days. Company insiders own 9.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on PLTR. Argus upgraded shares of Palantir Technologies to a “hold” rating in a research report on Monday, February 9th. Wedbush restated an “outperform” rating and issued a $230.00 price target on shares of Palantir Technologies in a report on Monday, March 16th. DA Davidson reduced their price objective on Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating for the company in a report on Tuesday, February 3rd. Weiss Ratings downgraded Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Finally, Loop Capital lowered their target price on Palantir Technologies from $230.00 to $220.00 and set a “buy” rating on the stock in a report on Friday, January 30th. One 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 data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $197.77.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Five‑year renewal and expansion with Stellantis reinforces multi‑year commercial revenue and broader Foundry/AIP deployment across an auto giant — a concrete, recurring‑revenue catalyst. Palantir (PLTR) Announces 5‑Year Partnership Expansion with Stellantis
• Positive Sentiment: Defense tailwind: the Pentagon formalizing Maven as a program of record boosts contract visibility and stickiness in the government segment. That underpins revenue durability and margins for PLTR. Assessing Palantir Technologies (PLTR) Valuation After Stellantis Renewal And Pentagon Maven Milestone
• Positive Sentiment: Wall Street momentum: multiple analysts have raised targets (UBS, Piper Sandler, Wedbush among others) and the median 6‑month target sits well above current levels — supporting upside expectations. Palantir Technologies Stock (PLTR) Opinions on Golden Dome Missile Shield
• Positive Sentiment: Strong fundamentals: recent quarterly beats, ~70% y/y revenue growth and large contract bookings (multi‑billion TCV) keep the growth narrative intact. Palantir Stock Soared Last Year. This Year It’s Down Sharply.
• Neutral Sentiment: Valuation debate: metrics diverge — sky‑high P/E vs a PEG near 1 in some analyses, leaving investors split on whether current prices already reflect future growth. Is Palantir (PLTR) Stock Undervalued? The PEG Ratio Reveals a Surprising Answer
• Neutral Sentiment: Market reset vs secular story: commentators and some analysts characterize the recent pullback as a rotation/reset rather than a change in fundamentals — this frames short‑term weakness as a potential buying opportunity for long‑term holders. Palantir’s (PLTR) Selloff Appears More Like a Reset than a Warning
• Negative Sentiment: Large insider selling: extensive reported insider sales (multiple executives and founders) are a red flag for some traders and can sap confidence despite company performance. Palantir Technologies Stock (PLTR) Opinions on Golden Dome Missile Shield
• Negative Sentiment: Geopolitical/security risk: reports that Iran identified Palantir as a possible target raise operational and reputational risk concerns for investors. Iran Identifies Palantir as a ‘Legitimate Target’ for Threatened Attacks
• Negative Sentiment: Ethics and public backlash: NHS staff boycott and similar controversies keep regulatory and reputational risks on the table, which can limit public‑sector expansion in sensitive markets. NHS staff boycott Palantir’s data platform over ethical concerns

Palantir Technologies Stock Performance

PLTR stock opened at $148.46 on Monday. The stock’s 50 day moving average price is $145.80 and its 200 day moving average price is $167.71. The firm has a market cap of $355.07 billion, a P/E ratio of 235.65, a PEG ratio of 2.94 and a beta of 1.68. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52.

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, topping analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The business’s revenue for the quarter was up 70.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 earnings per share. On average, research analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

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.