Illumine Investment Management LLC Makes New Investment in Palantir Technologies Inc. $PLTR

Illumine Investment Management LLC purchased a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,156 shares of the company’s stock, valued at approximately $1,305,000.

A number of other hedge funds have also recently modified their holdings of the company. Occidental Asset Management LLC grew its stake in shares of Palantir Technologies by 2.8% in the 3rd quarter. Occidental Asset Management LLC now owns 1,964 shares of the company’s stock valued at $358,000 after buying an additional 53 shares during the period. Lionshead Wealth Management LLC raised its position in shares of Palantir Technologies by 0.4% during the 3rd quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock valued at $2,395,000 after buying an additional 56 shares during the period. Ellenbecker Investment Group lifted its holdings in Palantir Technologies by 3.6% in the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock valued at $295,000 after acquiring an additional 57 shares during the last quarter. Traveka Wealth LLC lifted 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. Finally, AlphaQuest LLC grew its position in Palantir Technologies by 15.8% in the third quarter. AlphaQuest LLC now owns 425 shares of the company’s stock worth $78,000 after acquiring an additional 58 shares during the period. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Stock Performance

Shares of PLTR opened at $147.96 on Tuesday. The company’s 50-day simple moving average is $175.84 and its 200-day simple moving average is $173.70. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52. The stock has a market capitalization of $352.65 billion, a PE ratio of 352.29, a P/E/G ratio of 3.69 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last announced its 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 firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. 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 EPS. On average, sell-side analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insider Buying and Selling at Palantir Technologies

In other news, insider David A. Glazer sold 9,000 shares of Palantir Technologies stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $185.91, for a total value of $1,673,190.00. Following the completion of the transaction, the insider owned 413,639 shares in the company, valued at approximately $76,899,626.49. This trade represents a 2.13% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Lauren Elaina Friedman Stat sold 3,400 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $181.35, for a total value of $616,590.00. Following the transaction, the director directly owned 58,687 shares of the company’s stock, valued at approximately $10,642,887.45. This represents a 5.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,023,444 shares of company stock valued at $167,394,629. Insiders own 9.23% of the company’s stock.

Wall Street Analyst Weigh In

PLTR has been the topic of several recent analyst reports. Mizuho upped their price target on Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Piper Sandler boosted their price objective on shares of Palantir Technologies from $201.00 to $225.00 and gave the company an “overweight” rating in a report on Tuesday, November 4th. Wall Street Zen lowered shares of Palantir Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Finally, Morgan Stanley boosted their price target on shares of Palantir Technologies from $155.00 to $205.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $185.89.

Key Palantir Technologies News

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

• Positive Sentiment: Q4 results beat consensus — revenue ~$1.41B (+70% y/y) and EPS above Street estimates, driving after‑hours upside. View Press Release
• Positive Sentiment: Management issued very upbeat FY‑2026 revenue guidance (~61% y/y) and strong Q1 revenue target, lifting growth expectations and sentiment. Palantir Reports Q4 2025
• Positive Sentiment: Commercial acceleration and AI demand: U.S. commercial revenue growth was highlighted as a major driver (management called the quarter “remarkable”), signaling broader TAM expansion beyond government work. Palantir Beats Wall Street Estimates
• Positive Sentiment: Analyst momentum: recent upgrades (William Blair to Outperform and other bullish notes) amplified buying into the beat and guidance. William Blair upgrade
• Neutral Sentiment: Options and volume activity spiked around earnings — traders are pricing continued volatility; useful for tactical traders but adds short‑term noise. Options Traders Expectations
• Negative Sentiment: CEO comments and political controversy — Alex Karp’s public remarks about ICE and institutional pressure have previously triggered backlash and could increase reputational/regulatory scrutiny. CNBC: Anti-ICE protesters
• Negative Sentiment: Valuation and downside cautions: some analysts (e.g., RBC) warn of large downside if growth misses; PLTR still trades at a high multiple, so execution vs. guidance will be watched closely. RBC downside warning
• Negative Sentiment: Heavy insider selling noted in public filings — continues to be a governance/flow risk that can pressure sentiment despite strong results. QuiverQuant insider activity

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.