Assetmark Inc. Raises Stock Holdings in Palantir Technologies Inc. $PLTR

Assetmark Inc. lifted its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 242.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 373,865 shares of the company’s stock after purchasing an additional 264,686 shares during the quarter. Assetmark Inc.’s holdings in Palantir Technologies were worth $66,455,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Decker Retirement Planning Inc. lifted its position in Palantir Technologies by 778.7% in the third 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 during the last quarter. Prentice Wealth Management LLC bought a new stake in Palantir Technologies in the third quarter valued at approximately $550,000. Watershed Private Wealth LLC lifted its position 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 lifted its position in 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 purchasing an additional 3,868 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its position in 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 purchasing an additional 12,229 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Buying and Selling

In other news, insider David A. Glazer sold 17,438 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $2,331,809.36. Following the sale, the insider directly owned 392,370 shares of the company’s stock, valued at approximately $52,467,716.40. This represents a 4.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $43,738,207.36. Following the completion of the sale, the insider directly owned 592 shares in the company, valued at approximately $79,162.24. This represents a 99.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,029,879 shares of company stock valued at $137,746,253 over the last 90 days. 12.93% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on PLTR. Robert W. Baird upgraded Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price for the company in a report on Tuesday, February 3rd. Cantor Fitzgerald restated a “neutral” rating on shares of Palantir Technologies in a report on Tuesday, February 3rd. Weiss Ratings downgraded Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 15th. Citigroup upped their target price on Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $200.00 target price on shares of Palantir Technologies in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Palantir Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $197.77.

Palantir Technologies News Roundup

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

• Positive Sentiment: High-profile buying lifted sentiment: Cathie Wood’s ARK funds added ~85k shares (~$11M), which traders see as a confident “buy the dip” signal for an AI-defence name. Cathie Wood Buys the Dip in Palantir After Brutal Sell-off
• Positive Sentiment: Political endorsement boosted visibility and short-term flows: public praise from Donald Trump spotlighted Palantir’s defense positioning, helping buyers who trade on political/contract tailwinds. Trump endorsed Palantir stock, and the market reacted
• Positive Sentiment: Brokerage support stayed in place: Wedbush reiterated an Outperform and urged investors to overlook short-term Anthropic/AI headlines, citing Palantir’s defense moat and fundamentals. Ignore the Anthropic Panic and Keep Buying Palantir Stock, Says Wedbush
• Neutral Sentiment: Earnings calendar is a near-term catalyst: management set Q1 results and webcast for May 4 — a potential volatility trigger as analysts expect large profit beats and will re-price the stock on guidance. Palantir Announces Date of First Quarter 2026 Earnings Release and Webcast
• Neutral Sentiment: Analysts are watching Q1 closely — some expect double- or triple-digit profit growth which could validate the AI/enterprise narrative but also raise expectations for future quarters. Here’s What to Expect From Palantir’s Next Earnings Report
• Neutral Sentiment: Industry visibility rose at events (Space Symposium), which reinforces Palantir’s defense/commercial narrative but is not yet direct revenue proof. Palantir, SpaceX, L3Harris and More Defense and AI Stars Align At Space Symposium 2026
• Negative Sentiment: Big-name bearishness persists: Michael Burry remains short and warns of valuation risk, keeping a portion of the market skeptical and able to pressure the stock on negative headlines. Michael Burry is still shorting Palantir — and says Anthropic is the bigger AI winner
• Negative Sentiment: Some outlets and ranking services issued downgrades or flagged stretched valuation; that keeps long-term investors cautious despite growth metrics. Marriott Upgraded, Palantir Downgraded: Updated Rankings on Top Blue-Chip Stocks
• Negative Sentiment: Shares recently hit multi-month lows amid the sell-off; valuation (high P/E) and the potential for AI rotation to other winners leave room for further downside if earnings or guidance disappoint. Palantir At $130: Buy, Sell or Hold

Palantir Technologies Stock Up 3.4%

Shares of PLTR stock opened at $132.37 on Tuesday. The stock has a market cap of $316.59 billion, a price-to-earnings ratio of 210.11, a PEG ratio of 2.54 and a beta of 1.68. The business’s fifty day moving average is $143.65 and its 200 day moving average is $165.95. Palantir Technologies Inc. has a twelve month low of $89.31 and a twelve month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.02. The company had revenue of $1.41 billion for 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 firm’s revenue for the quarter was up 70.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.14 earnings per share. Equities research analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

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.