Palantir Technologies Inc. $PLTR Shares Sold by AXQ Capital LP

AXQ Capital LP trimmed its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 48.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,979 shares of the company’s stock after selling 9,494 shares during the quarter. Palantir Technologies accounts for 0.7% of AXQ Capital LP’s portfolio, making the stock its 4th largest holding. AXQ Capital LP’s holdings in Palantir Technologies were worth $1,820,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of PLTR. Decker Retirement Planning Inc. increased its position in shares of Palantir Technologies by 778.7% in 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 period. Vanguard Group Inc. raised its position in Palantir Technologies by 3.6% in the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after purchasing an additional 7,194,216 shares during the last quarter. Prentice Wealth Management LLC acquired a new stake in Palantir Technologies during the 3rd quarter worth approximately $550,000. Watershed Private Wealth LLC lifted its holdings in shares of Palantir Technologies by 75.3% during the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock worth $1,423,000 after purchasing an additional 3,350 shares during the period. Finally, State of Michigan Retirement System grew its position in shares of Palantir Technologies by 1.3% in the 2nd quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock valued at $127,923,000 after buying an additional 12,300 shares during the last quarter. 45.65% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PLTR. Phillip Securities assumed coverage on Palantir Technologies in a research note on Thursday, January 22nd. They issued a “buy” rating and a $208.00 price objective on the stock. Royal Bank Of Canada raised their price objective on Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research note on Tuesday, November 4th. UBS Group dropped their price target on Palantir Technologies from $205.00 to $180.00 and set a “neutral” rating on the stock in a report on Tuesday, February 3rd. William Blair raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday, February 2nd. Finally, Zacks Research cut Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $191.05.

Insider Activity

In related news, insider Ryan D. Taylor sold 12,000 shares of the stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the completion of the sale, the insider owned 239,409 shares in the company, valued at approximately $43,416,822.15. This trade represents a 4.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lauren Elaina Friedman Stat sold 400 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $151.14, for a total transaction of $60,456.00. Following the transaction, the director directly owned 58,287 shares of the company’s stock, valued at $8,809,497.18. The trade was a 0.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 24,800 shares of company stock valued at $4,526,436 in the last quarter. 12.93% of the stock is currently owned by insiders.

Palantir Technologies Price Performance

Shares of PLTR opened at $130.60 on Tuesday. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The firm has a market capitalization of $311.28 billion, a PE ratio of 207.30, a price-to-earnings-growth ratio of 2.60 and a beta of 1.64. The company has a 50-day simple moving average of $163.83 and a two-hundred day simple moving average of $171.16.

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 company had revenue of $1.41 billion during the quarter, compared to analyst estimates 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 quarter last year, the company earned $0.14 EPS. Analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: DISA granted Palantir’s PFCS Forward Impact Level 6 provisional authorization — opens the DoD’s highest-security deployments (on‑premises and edge), expanding Palantir’s addressable market in mission‑critical defense workloads. Palantir Just Opened a New DoD Door—What Changes Now?
• Positive Sentiment: Large federal and commercial traction: Palantir signed a reported ~$1B software agreement with DHS and announced a Rackspace partnership to accelerate Foundry and AIP deployments for regulated industries — both support near‑term revenue visibility and commercial distribution. Palantir’s DHS Deal And Rackspace Tie Up Contrast With European Pushback
• Positive Sentiment: Some analysts and firms are turning more positive after the pullback — upgrades and re‑ratings (and bullish analyst commentary) argue the stock is de‑risked relative to recent multiples, supporting a constructive mid‑term view. Palantir (PLTR) Called a “Category of One” as Analysts Upgrade the Stock
• Neutral Sentiment: Options/hedging activity shows traders are positioning for volatility — pieces highlighting put strategies or married‑put spreads reflect investor caution but also provide tactical trade ideas. Play the ‘SaaS Apocalypse’ Selloff in Palantir Stock With This 1 Winning, Protective Options Trade
• Neutral Sentiment: Broader tech/AI selloff and upcoming AI earnings cadence are pressuring AI‑levered names — sector dynamics (Nvidia, Snowflake, Salesforce earnings) are amplifying PLTR moves independent of company‑specific news. AI Stocks Hit Reset. Will Nvidia, Snowflake, CoreWeave, Salesforce Earnings Decide What’s Next?
• Negative Sentiment: Governance and public criticism are weighing on sentiment — coverage calling out governance questions and investor criticisms (including high‑profile skeptics) is amplifying downside pressure amid the market pullback. Stock Market Today, Feb. 23: Palantir Falls as Market Pullback and Governance Questions Weigh
• Negative Sentiment: High‑profile bearish commentary (Michael Burry) and skeptical research pieces keep headline risk elevated — criticism of leadership spending and public legal fights in Europe can sustain volatility. Michael Burry Sounds Alarm On Palantir, Flags CEO Alex Karp’s ‘Elevated’ $17.2 Million Private Jet Tab
• Negative Sentiment: Price action: PLTR has pulled back sharply from late‑2025 highs and several bearish commentaries argue valuation and momentum remain concerns, which encourages further selling on weak market days. Why is Palantir stock down 37% from its peak: is worst over for PLTR?

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.