Cane Capital Partners LLC Takes $780,000 Position in Palantir Technologies Inc. $PLTR

Cane Capital Partners LLC bought a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,389 shares of the company’s stock, valued at approximately $780,000.

A number of other institutional investors have also modified their holdings of PLTR. Revolve Wealth Partners LLC acquired a new position in shares of Palantir Technologies in the 4th quarter valued at $450,000. Bison Wealth LLC increased its holdings in shares of Palantir Technologies by 37.4% in the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after acquiring an additional 4,667 shares during the period. Capstone Wealth Management Group LLC increased its holdings in shares of Palantir Technologies by 38.0% in the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock valued at $1,447,000 after acquiring an additional 4,722 shares during the period. Schnieders Capital Management LLC. increased its holdings in shares of Palantir Technologies by 36.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock valued at $858,000 after acquiring an additional 1,694 shares during the period. Finally, Brown Advisory Inc. increased its holdings in shares of Palantir Technologies by 27.9% in the 2nd quarter. Brown Advisory Inc. now owns 31,303 shares of the company’s stock valued at $4,267,000 after acquiring an additional 6,837 shares during the period. 45.65% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PLTR has been the topic of a number of recent research reports. The Goldman Sachs Group cut their target price on shares of Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $200.00 price objective on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Citigroup lifted their price objective on shares of Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a research report on Tuesday, February 3rd. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday, February 2nd. Finally, Jefferies Financial Group set a $208.00 price objective on shares of Palantir Technologies in a research report on Thursday, January 22nd. One equities research 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’s stock. According to MarketBeat, Palantir Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $197.77.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 327,088 shares of the business’s stock in a transaction on 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 sale, the insider directly owned 592 shares in the company, valued at approximately $79,162.24. The trade was a 99.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeffrey Buckley sold 1,232 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total transaction of $159,026.56. Following the sale, the insider owned 43,108 shares in the company, valued at $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. In the last ninety days, insiders sold 1,029,879 shares of company stock worth $137,746,253. 9.23% of the stock is currently owned by insiders.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: UBS and other analysts highlight Palantir’s ontology/AIP layer as a durable competitive moat that turns raw enterprise data into actionable AI — a core reason some firms list PLTR among top multi-year AI buys. Read More.
• Positive Sentiment: Company fundamentals cited by outlets show very strong recent results (robust revenue growth, high margins, cash balance and large TCV) and a formal military program designation (Maven), which supports recurring government revenue and reduces downside risk to the revenue base. Read More.
• Positive Sentiment: Strategic positioning in defense AI—analysts (e.g., Wedbush) see Palantir as a likely first mover in defense AI integration, a thematic catalyst if U.S. defense spending and AI procurements accelerate. Read More.
• Neutral Sentiment: Short-term market forces: sector-wide growth-stock volatility and Nasdaq weakness have pressured PLTR at points this week, producing intraday swings even as company-specific news is mixed. Read More.
• Neutral Sentiment: CEO public comments on the disruptive effects of AI are garnering attention — reputational/PR effects are unclear for investors but could amplify both support and criticism. Read More.
• Negative Sentiment: Ethics and contract risk: UK NHS staff groups and other critics are pushing boycotts over Palantir’s public-sector data work and defense ties; sustained reputational or political pressure could slow commercial expansion in sensitive sectors. Read More.
• Negative Sentiment: Valuation and skepticism: benchmark coverage and several commentaries warn PLTR trades at a premium that requires continued very high revenue growth to justify; a few bearish takes warn of large downside if AIP pilot projects fail to scale. Read More.

Palantir Technologies Price Performance

NASDAQ:PLTR opened at $150.07 on Wednesday. The firm’s fifty day moving average price is $145.10 and its 200 day moving average price is $167.28. Palantir Technologies Inc. has a 1-year low of $75.22 and a 1-year high of $207.52. The firm has a market cap of $358.92 billion, a price-to-earnings ratio of 238.21, a price-to-earnings-growth ratio of 2.94 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data 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. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. Palantir Technologies’s quarterly revenue was up 70.0% on a year-over-year basis. During the same period last year, the firm posted $0.14 EPS. As a group, analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal 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.