Kathmere Capital Management LLC Trims Position in Palantir Technologies Inc. $PLTR

Kathmere Capital Management LLC decreased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 39.7% during the 4th quarter, HoldingsChannel reports. The fund owned 10,302 shares of the company’s stock after selling 6,777 shares during the quarter. Kathmere Capital Management LLC’s holdings in Palantir Technologies were worth $1,831,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Palantir Technologies by 4.0% during the third quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock worth $39,017,133,000 after purchasing an additional 8,168,604 shares during the period. State Street Corp boosted its holdings in Palantir Technologies by 7.2% in the 3rd quarter. State Street Corp now owns 101,258,899 shares of the company’s stock valued at $18,471,648,000 after purchasing an additional 6,777,771 shares during the last quarter. Norges Bank purchased a new stake in shares of Palantir Technologies in the 2nd quarter valued at approximately $3,307,457,000. Invesco Ltd. grew its stake in shares of Palantir Technologies by 5.9% in the 3rd quarter. Invesco Ltd. now owns 21,798,785 shares of the company’s stock valued at $3,976,534,000 after buying an additional 1,213,529 shares during the period. Finally, Northern Trust Corp increased its holdings in shares of Palantir Technologies by 3.8% during the 3rd quarter. Northern Trust Corp now owns 21,088,462 shares of the company’s stock worth $3,846,957,000 after buying an additional 769,238 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Phillip Securities started coverage on shares of Palantir Technologies in a research report on Thursday, January 22nd. They set a “buy” rating and a $208.00 price target on the stock. Cantor Fitzgerald reissued a “neutral” rating on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Daiwa Securities Group upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 target price on the stock in a research report on Tuesday, February 10th. Wall Street Zen lowered Palantir Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Finally, HSBC upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price target for the company in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $198.59.

Insider Buying and Selling at Palantir Technologies

In other 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 completion of the sale, the insider directly owned 219,421 shares of the company’s stock, valued at approximately $29,340,976.12. The trade was a 8.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Alexander C. Karp sold 493,025 shares of the business’s stock in a transaction on 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 completion of the sale, the insider owned 6,432,258 shares in the company, valued at $860,507,475.24. This represents a 7.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,045,279 shares of company stock valued at $140,539,043. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies Stock Performance

NASDAQ:PLTR opened at $147.56 on Friday. The stock has a market capitalization of $352.92 billion, a P/E ratio of 234.23, a PEG ratio of 3.07 and a beta of 1.70. The company has a 50 day moving average price of $148.62 and a 200 day moving average price of $168.58. Palantir Technologies Inc. has a fifty-two week low of $66.12 and a fifty-two week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results 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. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The firm’s revenue for the quarter was up 70.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.14 EPS. Research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Palantir Technologies News Roundup

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

• Positive Sentiment: Expanded global partnership with Bain & Company to scale enterprise AI should accelerate commercial sales and implementation demand, improving Palantir’s route to recurring revenue. Bain & Company announces expansion of lead global management consulting partnership with Palantir
• Positive Sentiment: Pentagon adoption of Palantir’s Maven as a formal program of record strengthens government revenue visibility and makes sizable multi‑year spend more likely — a key reason bulls justify the high multiple. Palantir Secures Pentagon Maven Role As Valuation And Growth Debated
• Positive Sentiment: Involvement on the reported $185B “Golden Dome” missile‑defense program with partners like Anduril could translate into multi‑year, high‑margin defense software revenue if contracts scale. That program has already driven analyst optimism and price‑target upgrades. Anduril, Palantir developing Golden Dome missile shield’s software
• Positive Sentiment: Sell‑side support: Rosenblatt reaffirmed a “buy” and a $200 target, highlighting upside if execution continues and defense/commercial adoption expands. Rosenblatt reaffirms buy on Palantir (Benzinga)
• Neutral Sentiment: Analyst and media takes are split: coverage weighing Palantir as a major enterprise AI platform but noting intense competition and valuation risks — useful context but not an immediate catalyst. Palantir in the Enterprise AI Race (Zacks)
• Neutral Sentiment: Comparisons to larger AI plays (e.g., Nvidia) highlight Palantir’s software exposure vs. hardware winners — frames long‑term thesis but doesn’t change near‑term cash flow profile. Nvidia vs Palantir: Which AI Stock is a Long-Term Buy?
• Negative Sentiment: Sectorwide tech profit‑taking and recent intraday weakness are pressuring PLTR despite positive news; several articles note sharp pullbacks tied to broad market moves. Palantir Drops 5% as Tech Sells Off (Yahoo)
• Negative Sentiment: Valuation and bearish analyst notes: high multiples (very elevated P/E) and calls from some firms to sell create downside risk if growth disappoints or defense wins don’t translate to predictable revenue. Analyst says buy Amazon, sell Palantir (Fool)

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.