Palantir Technologies Inc. $PLTR Shares Sold by Shannon River Fund Management LLC

Shannon River Fund Management LLC lessened its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 58.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 57,110 shares of the company’s stock after selling 80,898 shares during the quarter. Palantir Technologies comprises about 1.7% of Shannon River Fund Management LLC’s holdings, making the stock its 16th biggest holding. Shannon River Fund Management LLC’s holdings in Palantir Technologies were worth $10,418,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Bare Financial Services Inc raised its position in Palantir Technologies by 54.5% in the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after purchasing an additional 55 shares during the last quarter. Delos Wealth Advisors LLC purchased a new stake in shares of Palantir Technologies in the second quarter valued at about $29,000. Zeit Capital LLC acquired a new stake in shares of Palantir Technologies during the second quarter worth about $30,000. Financial Consulate Inc. purchased a new position in shares of Palantir Technologies during the third quarter worth about $30,000. Finally, MTM Investment Management LLC acquired a new position in Palantir Technologies in the 2nd quarter valued at about $31,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Centrus partnership: Palantir agreed to support Centrus Energy’s multi‑billion dollar uranium‑enrichment expansion; early work reportedly identified nearly $300M of potential cost savings — a material commercial win in a strategic energy/defense sector. Centrus Partners with Palantir
• Positive Sentiment: DISA authorization: Palantir secured Defense Information Systems Agency authorization for its PFCS Forward cloud service (on‑premises and edge), easing deployment in classified/edge government environments and supporting future federal contract wins. Palantir Secures DISA Authorization
• Positive Sentiment: AIPCon 9 / customer showcases: Palantir is hosting AIPCon 9 with senior speakers from the U.S. Navy, GE Aerospace, Accenture, SAP, Centrus and others — a marketing push that highlights large‑enterprise/government adoption and cross‑sell opportunities. Palantir’s AIPCon 9
• Positive Sentiment: LG CNS deal: A deepened strategic partnership with LG CNS positions Palantir to accelerate AI deployments across the large LG conglomerate in South Korea — a meaningful international commercial channel. LG CNS and Palantir Partnership
• Positive Sentiment: Strong fundamentals: Analysts/coverage highlight Palantir’s 2026 guidance (~61% revenue growth, ~$7.19B sales) and rising margins/free cash flow — fundamentals that justify premium multiples for growth investors. Palantir Profitability Edge
• Neutral Sentiment: Polymarket sports‑integrity partnership: Palantir will build monitoring/compliance tools for prediction markets — expands TAM and showcases non‑defense use cases, though revenue impact and regulatory optics remain uncertain. Polymarket Partners With Palantir
• Neutral Sentiment: Analyst backdrop: Multiple buy ratings and a median six‑month target near $200 support longer‑term upside, but coverage is mixed and valuation is elevated — watch guidance execution. QuiverQuant Opinions
• Negative Sentiment: Geopolitical / security risks: Reports that Iran’s IRGC has flagged Palantir as a potential target have weighed on sentiment — defense exposure cuts both ways (revenue and security risk). Why Is Palantir Stock Falling?
• Negative Sentiment: Reputational/regulatory scrutiny: FT coverage on Palantir tools used in AI‑driven targeting raises ethical and regulatory questions that could spur scrutiny and policy risk for defense contracts. FT: The AI-driven ‘kill chain’
• Negative Sentiment: Insider selling: Large, high‑profile insider share sales have drawn attention and may pressure sentiment despite management statements about liquidity needs or estate planning. Insider Sell-Offs Report

Analyst Ratings Changes

PLTR has been the subject of several analyst reports. Northland Securities upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price target for the company in a research note on Tuesday, February 3rd. Mizuho upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 price objective for the company in a research report on Wednesday, February 18th. Phillip Securities initiated coverage on shares of Palantir Technologies in a research note on Thursday, January 22nd. They issued a “buy” rating and a $208.00 target price for the company. Robert W. Baird raised shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price on the stock in a report on Tuesday, February 3rd. Finally, Citigroup increased their price target on shares of Palantir Technologies from $235.00 to $260.00 and gave the stock a “buy” rating in a report 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 given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $192.68.

Insider Activity at Palantir Technologies

In related news, insider Ryan D. Taylor sold 19,988 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $2,672,795.36. Following the transaction, the insider owned 219,421 shares in the company, valued at approximately $29,340,976.12. This trade represents a 8.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Alexander C. Karp sold 493,025 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.78, for a total value of $65,956,884.50. Following the sale, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $860,507,475.24. This trade represents a 7.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 1,054,279 shares of company stock worth $142,212,233. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies Price Performance

PLTR stock opened at $151.60 on Thursday. The company’s 50 day simple moving average is $153.81 and its 200-day simple moving average is $168.90. Palantir Technologies Inc. has a 12 month low of $66.12 and a 12 month high of $207.52. The firm has a market capitalization of $362.58 billion, a PE ratio of 240.64, a P/E/G ratio of 3.00 and a beta of 1.70.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter last year, the company earned $0.14 earnings per share. The business’s revenue for the quarter was up 70.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Palantir Technologies 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.