Monetta Financial Services Inc. Has $6.24 Million Stock Holdings in Palantir Technologies Inc. $PLTR

Monetta Financial Services Inc. lowered its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 20.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,200 shares of the company’s stock after selling 8,800 shares during the period. Palantir Technologies comprises 4.4% of Monetta Financial Services Inc.’s portfolio, making the stock its 7th largest holding. Monetta Financial Services Inc.’s holdings in Palantir Technologies were worth $6,239,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PLTR. Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a report on Tuesday, February 3rd. Daiwa Securities Group upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a research report on Tuesday, February 10th. Truist Financial started 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. Bank of America raised their target price on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Finally, 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 research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $191.05.

Insider Transactions at Palantir Technologies

In other news, insider Ryan D. Taylor sold 12,000 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total value of $2,176,200.00. Following the transaction, the insider directly owned 239,409 shares in the company, valued at $43,416,822.15. This trade represents a 4.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider David A. Glazer sold 9,000 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $185.91, for a total value of $1,673,190.00. Following the completion of the sale, the insider owned 413,639 shares of the company’s stock, valued at $76,899,626.49. This represents a 2.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 24,800 shares of company stock worth $4,526,436 in the last three months. Insiders own 12.93% of the company’s stock.

Key Palantir Technologies News

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

• Positive Sentiment: DISA granted Palantir provisional Impact Level 6 authorization for PFCS Forward, allowing its stack (Apollo, Gotham, Foundry, AIP) to run in the most sensitive DoD environments — a material TAM and contract-access win for federal sales. Palantir DISA Authorization
• Positive Sentiment: Palantir secured expanded U.S. government business (a reported ~$1B DHS software agreement) and signed a commercial deployment partnership with Rackspace to speed Foundry/AIP adoption in regulated industries — both actions support revenue stickiness and commercial growth. DHS & Rackspace Tie-Up
• Positive Sentiment: Some analysts have turned constructive after the pullback (upgrades and reiterations from select shops), which eases the path to rehypothecated upside if growth continues to beat. Analyst Upgrades
• Neutral Sentiment: Fundamentals remain strong: recent quarter beat revenue and EPS expectations and management guided for continued high growth — the core bull case that supports current valuations if execution stays near flawless. Earnings & Guidance
• Negative Sentiment: PLTR has been hit by a sectorwide tech pullback and was reportedly removed from a major bank’s top list, which amplified selling pressure and prompted short‑term technical weakness. Market Pullback & Governance
• Negative Sentiment: High-profile criticism (Michael Burry and others) and governance questions — including public scrutiny of executive perks — are creating headline risk that can pressure sentiment independent of operating results. Michael Burry Critique
• Negative Sentiment: Several outlets warn PLTR is priced for near‑perfect execution and could have further downside if growth or margins slip — a reminder that elevated multiples leave the stock sensitive to any execution miss. Valuation Risk / Prediction

Palantir Technologies Price Performance

Shares of NASDAQ:PLTR opened at $130.60 on Tuesday. The stock has a market cap of $311.28 billion, a price-to-earnings ratio of 207.30, a P/E/G ratio of 2.60 and a beta of 1.64. The company has a 50 day moving average of $163.83 and a 200-day moving average of $171.16. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share 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 business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same period in the prior year, the business posted $0.14 earnings per share. Palantir Technologies’s revenue was up 70.0% compared to the same quarter last year. Equities research analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

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.