Banque Transatlantique SA Increases Holdings in Palantir Technologies Inc. $PLTR

Banque Transatlantique SA boosted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 289.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 107,690 shares of the company’s stock after acquiring an additional 80,050 shares during the period. Banque Transatlantique SA’s holdings in Palantir Technologies were worth $19,662,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of the stock. Capital Wealth Planning LLC lifted its holdings in Palantir Technologies by 265.3% in the 3rd quarter. Capital Wealth Planning LLC now owns 10,740 shares of the company’s stock valued at $1,959,000 after purchasing an additional 7,800 shares in the last quarter. Compass Wealth Management LLC GA raised its position in shares of Palantir Technologies by 2.0% in the 3rd quarter. Compass Wealth Management LLC GA now owns 5,101 shares of the company’s stock worth $931,000 after buying an additional 101 shares during the period. FreeGulliver LLC acquired a new position in Palantir Technologies in the third quarter valued at $455,000. Glenmede Investment Management LP boosted its holdings in Palantir Technologies by 45.4% in the third quarter. Glenmede Investment Management LP now owns 49,970 shares of the company’s stock valued at $9,116,000 after acquiring an additional 15,599 shares during the last quarter. Finally, Pathstone Holdings LLC grew its position in Palantir Technologies by 8.3% during the third quarter. Pathstone Holdings LLC now owns 157,708 shares of the company’s stock valued at $28,624,000 after acquiring an additional 12,025 shares during the period. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Palantir Technologies news, insider David A. Glazer sold 17,438 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the sale, the insider directly owned 392,370 shares in the company, valued at approximately $52,467,716.40. The trade was a 4.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Stephen Andrew Cohen sold 327,088 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider owned 592 shares in the company, valued at $79,162.24. This represents a 99.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,045,279 shares of company stock valued at $140,539,043 in the last ninety days. Insiders own 9.23% of the company’s stock.

Palantir Technologies Trading Down 1.7%

Shares of Palantir Technologies stock opened at $150.95 on Friday. The business’s 50 day simple moving average is $152.99 and its 200-day simple moving average is $168.75. The stock has a market capitalization of $361.02 billion, a price-to-earnings ratio of 239.61, a PEG ratio of 3.04 and a beta of 1.70. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 70.0% compared to the same quarter last year. Sell-side analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

More Palantir Technologies News

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

• Positive Sentiment: Nvidia partnership: Palantir and Nvidia unveiled a sovereign AI operating‑system reference architecture, positioning Palantir to sell turnkey, government‑grade AI deployments — a clear revenue catalyst and reason analysts raised estimates. Read More.
• Positive Sentiment: Defense & industrial contract wins: GE Aerospace expanded its multi‑year deployment of Palantir AI across sustainment and production; Centrus and LG CNS also announced major partnerships — these customer wins underpin recurring commercial revenue. Read More.
• Positive Sentiment: New strategic alliances broaden addressable market: Palantir partnered with Ondas and World View for multi‑domain intelligence and highlighted customer case studies at AIPCon — supports expansion into aerospace, drones and energy. Read More.
• Positive Sentiment: Financial/operational beat and bullish analyst signal: Coverage notes a recent quarter with revenue beats and big commercial growth; Truist reiterated a Buy with a $223 target — both lend near‑term support. Read More.
• Neutral Sentiment: Wall‑street and media attention: PLTR is getting heavy analyst and retail focus (Zacks, Schwab/YouTube segments) that can amplify moves in either direction depending on flows. Read More.
• Neutral Sentiment: Analyst comparisons: Some outlets compare Palantir vs. other AI/semiconductor plays (Micron, Nvidia) — useful for framing relative valuation but not an immediate stock mover. Read More.
• Negative Sentiment: Valuation concerns after run: Coverage notes PLTR pulled back from record highs and faces steep multiples — that critique is pressuring sentiment and prompting profit‑taking. Read More.
• Negative Sentiment: Profit‑taking / short‑term selling: Analysts and trading outlets attribute today’s decline to profit‑taking after the rally, amplifying volatility. Read More.
• Negative Sentiment: Governance/tech‑credibility attacks: Michael Burry and others publicly question Palantir’s AI IP and military claims, a reputational headwind that can depress multiple and invite activist pressure. Read More.
• Negative Sentiment: Operational/geopolitical risk: Palantir’s tools are tied to Middle East operations; use of Anthropic’s Claude despite a Pentagon blacklist and IRGC threats raise policy and counterparty risk for defense contracts. Read More.
• Negative Sentiment: Media scrutiny on wartime use of Palantir systems could spur regulatory, contract or reputational fallout if incidents escalate. Read More.

Analyst Upgrades and Downgrades

Several research analysts recently commented on PLTR shares. Robert W. Baird upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price target on the stock in a report on Tuesday, February 3rd. The Goldman Sachs Group cut their price objective on shares of Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. Citigroup raised their target price on Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Mizuho raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 target price on the stock in a research report on Wednesday, February 18th. Finally, Northland Securities upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 target price for the company in a research note on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.68.

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.