Palantir Technologies Inc. $PLTR Shares Bought by BIP Wealth LLC

BIP Wealth LLC lifted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 89.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,723 shares of the company’s stock after acquiring an additional 6,931 shares during the period. BIP Wealth LLC’s holdings in Palantir Technologies were worth $2,617,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in PLTR. Decker Retirement Planning Inc. grew its holdings in Palantir Technologies by 778.7% during the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock valued at $11,187,000 after purchasing an additional 54,347 shares in the last quarter. Prentice Wealth Management LLC acquired a new stake in Palantir Technologies during the 3rd quarter valued at $550,000. Watershed Private Wealth LLC grew its holdings in Palantir Technologies by 75.3% during the 3rd 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 in the last quarter. GAM Holding AG grew its holdings in Palantir Technologies by 39.0% during the 3rd quarter. GAM Holding AG now owns 13,788 shares of the company’s stock valued at $2,515,000 after purchasing an additional 3,868 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC grew its holdings in Palantir Technologies by 26.4% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 58,548 shares of the company’s stock valued at $10,680,000 after purchasing an additional 12,229 shares in the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

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 Stock Performance

Palantir Technologies stock opened at $150.07 on Wednesday. The firm’s 50-day moving average is $145.10 and its 200-day moving average is $167.28. Palantir Technologies Inc. has a 1 year low of $75.22 and a 1 year high of $207.52. The company has a market cap of $358.92 billion, a P/E ratio of 238.21, a PEG ratio of 2.94 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same period last year, the firm posted $0.14 EPS. The company’s revenue for the quarter was up 70.0% on a year-over-year basis. As a group, sell-side analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Shyam Sankar sold 168,004 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total value 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 trade represents a 20.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Ryan D. Taylor sold 19,988 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,672,795.36. Following the completion of the transaction, the insider owned 219,421 shares in the company, valued at approximately $29,340,976.12. The trade was a 8.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,029,879 shares of company stock worth $137,746,253. Company insiders own 9.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Benchmark assumed coverage on shares of Palantir Technologies in a report on Wednesday, April 1st. They set a “hold” rating for the company. Loop Capital decreased their price objective on shares of Palantir Technologies from $230.00 to $220.00 and set a “buy” rating for the company in a report on Friday, January 30th. Citigroup raised their price objective on shares of Palantir Technologies from $235.00 to $260.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. 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 report on Wednesday, February 18th. Finally, Phillip Securities decreased their price objective on shares of Palantir Technologies from $208.00 to $190.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. 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 issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $197.77.

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.