Cary Street Partners Financial LLC Has $5.55 Million Stock Holdings in Palantir Technologies Inc. $PLTR

Cary Street Partners Financial LLC trimmed its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 14.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,395 shares of the company’s stock after selling 5,128 shares during the quarter. Cary Street Partners Financial LLC’s holdings in Palantir Technologies were worth $5,545,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Occidental Asset Management LLC lifted its holdings in Palantir Technologies by 2.8% during the 3rd quarter. Occidental Asset Management LLC now owns 1,964 shares of the company’s stock worth $358,000 after buying an additional 53 shares during the period. Gallacher Capital Management LLC raised its position in shares of Palantir Technologies by 2.2% during the third quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company’s stock worth $447,000 after acquiring an additional 53 shares during the last quarter. Lionshead Wealth Management LLC lifted its stake in shares of Palantir Technologies by 0.4% in the third quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock worth $2,395,000 after acquiring an additional 56 shares during the period. Ellenbecker Investment Group lifted its stake in shares of Palantir Technologies by 3.6% in the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock worth $295,000 after acquiring an additional 57 shares during the period. Finally, Traveka Wealth LLC boosted its holdings in Palantir Technologies by 1.6% in the third quarter. Traveka Wealth LLC now owns 3,695 shares of the company’s stock valued at $674,000 after acquiring an additional 57 shares during the last quarter. Institutional investors own 45.65% of the company’s stock.

Insider Buying and Selling at Palantir Technologies

In related news, insider Stephen Andrew Cohen sold 327,088 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the completion of the sale, the insider 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Ryan D. Taylor sold 19,988 shares of the stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $2,672,795.36. Following the completion of the sale, the insider directly owned 219,421 shares of the company’s stock, valued at $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 three months, insiders have sold 1,054,279 shares of company stock worth $142,212,233. 9.23% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on PLTR shares. Northland Securities upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price target on the stock in a research report on Tuesday, February 3rd. DA Davidson dropped their target price on shares of Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating on the stock in a report on Tuesday, February 3rd. Zacks Research cut shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Morgan Stanley lifted their price objective on Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 4th. Finally, Truist Financial assumed coverage on Palantir Technologies in a research note on Tuesday, January 6th. They issued a “buy” rating and a $223.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $191.05.

Palantir Technologies News Summary

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

• Positive Sentiment: Major government and defense wins are boosting credibility — Palantir secured DISA Impact Level 6 provisional authorization (enables deployment in the most sensitive DoD cloud/edge environments), expanding DoD TAM and strengthening government revenue durability. Palantir Just Opened a New DoD Door—What Changes Now?
• Positive Sentiment: New partnership tied to a U.S. military contract with GE Aerospace (via the Defense Logistics Agency) highlights Palantir’s AI/supply‑chain role for the Air Force and helps prove commercial/defense revenue mix. Why Are Palantir Shares Trading Higher On Wednesday?
• Positive Sentiment: Analyst upgrades and target hikes (Mizuho Outperform / $195 target and others reiterating upside) are underpinning buying interest after recent volatility. Palantir Is in a ‘Category of One.’ Why Mizuho Says You Should Buy PLTR Stock Now.
• Neutral Sentiment: Company fundamentals remain strong on recent beats and accelerating commercial adoption (Foundry/AIP, Rackspace partnership), which supports the long‑term bull case but hasn’t removed short‑term valuation risk. Palantir Technologies Stock (PLTR) Opinions on Earnings Beat and Analyst Upgrades
• Neutral Sentiment: Trading/derivatives strategies (high‑yield put selling ideas) are appearing, indicating some investors view the pullback as an income/opportunity trade rather than outright bearish conviction. Earn A 15%+ Yield Selling Put Options On Palantir
• Negative Sentiment: Heavy insider selling (including multiple large CEO/executive filings and recent small insider sales) is fueling governance concerns and adding supply pressure—investors interpret repeated disposals as a potential red flag. Insider sales filings (SEC)
• Negative Sentiment: Renewed governance/legal headlines (move to Miami, CEO expense scrutiny) plus vocal skeptics like Michael Burry arguing much lower intrinsic value are keeping sentiment fragile and amplifying sell‑offs on technical weakness. Palantir Move To Miami Tests Governance Concerns And Growth Expectations
• Negative Sentiment: Broad AI/software sector volatility and headlines about large pullbacks (35–38% off highs) are triggering technical selling and higher beta moves in PLTR despite solid growth metrics. Palantir Stock Drops 38%. Should You Buy PLTR for 2026 or Stay Away?

Palantir Technologies Trading Up 4.2%

NASDAQ PLTR opened at $134.19 on Thursday. The company has a market cap of $319.83 billion, a P/E ratio of 213.00, a PEG ratio of 2.48 and a beta of 1.64. The company has a fifty day simple moving average of $161.79 and a 200 day simple moving average of $170.49. Palantir Technologies Inc. has a 12-month low of $66.12 and a 12-month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last released 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%. The business’s quarterly revenue was up 70.0% compared to the same quarter last year. During the same period last year, the firm earned $0.14 earnings per share. Sell-side analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current 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.