Palantir Technologies Inc. $PLTR Shares Sold by Washburn Capital Management Inc.

Washburn Capital Management Inc. lessened its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 69.1% in the 4th quarter, Holdings Channel reports. The firm owned 1,995 shares of the company’s stock after selling 4,453 shares during the period. Washburn Capital Management Inc.’s holdings in Palantir Technologies were worth $355,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Palantir Technologies by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock valued at $39,017,133,000 after acquiring an additional 8,168,604 shares during the last quarter. State Street Corp raised 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 acquiring an additional 6,777,771 shares during the last quarter. Amundi raised its holdings in Palantir Technologies by 38.7% in the 3rd quarter. Amundi now owns 15,679,158 shares of the company’s stock valued at $2,814,879,000 after acquiring an additional 4,373,201 shares during the last quarter. Wellington Management Group LLP raised its holdings in Palantir Technologies by 228.0% in the 3rd quarter. Wellington Management Group LLP now owns 5,182,560 shares of the company’s stock valued at $945,403,000 after acquiring an additional 3,602,471 shares during the last quarter. Finally, Clear Street Group Inc. acquired a new stake in Palantir Technologies in the 3rd quarter valued at about $408,763,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies Price Performance

Palantir Technologies stock opened at $140.76 on Thursday. The firm has a 50 day simple moving average of $144.76 and a 200-day simple moving average of $167.09. Palantir Technologies Inc. has a 1-year low of $77.27 and a 1-year high of $207.52. The stock has a market cap of $336.65 billion, a price-to-earnings ratio of 223.43, a price-to-earnings-growth ratio of 2.94 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly 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. 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 during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the prior year, the company posted $0.14 EPS. The business’s revenue for the quarter was up 70.0% on a year-over-year basis. Equities analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

PLTR has been the subject of a number of recent research reports. Zacks Research downgraded shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Truist Financial initiated coverage on shares of Palantir Technologies in a report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 price objective for the company. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a report on Monday, February 2nd. Freedom Capital upgraded shares of Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $200.00 price objective on shares of Palantir Technologies in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Palantir Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $197.77.

More Palantir Technologies News

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

• Positive Sentiment: Large commercial deal expansion — Stellantis renewed and expanded its partnership to deploy Palantir’s data and AI across auto operations, a meaningful commercial win that supports recurring revenue and enterprise adoption. Stellantis Balances US Model Refreshes With Expanded Palantir AI Push
• Positive Sentiment: Bullish price targets and analyst optimism — multiple pieces highlight upside scenarios (including $225–$230 targets) and upgrades that reflect expectations for Palantir to convert AI demand into sustained revenue growth. These can underpin momentum if results keep beating estimates. Prediction: This Will Be Palantir’s Stock Price in 1 Year
• Positive Sentiment: Product/market traction — conference coverage (DevCon5) and recent commentary note rising customer counts, larger contract values and strong revenue growth — fundamental drivers that support longer‑term upside. Palantir: DevCon5 Shows A Disruptor, Not The Disrupted
• Neutral Sentiment: UK/NHS developments are mixed — an NHS data chief publicly praises Palantir’s results and pushes for wider rollout, which could mean larger public contracts, but the story remains politically and ethically charged. Policymaker and staff pushback creates execution and PR risk. NHS data chief pushes for deeper rollout of Palantir technology despite outcry
• Negative Sentiment: High‑profile criticism from Michael Burry — public warnings that Palantir is overvalued and that competitors like Anthropic are taking enterprise AI share triggered a sharp investor reaction and a ~6% intraday decline in coverage reports. That criticism amplifies valuation scrutiny for a richly priced stock. Palantir (PLTR) Stock Tumbles 6% Following Burry’s Anthropic Competition Warning
• Negative Sentiment: Regulatory and ethical scrutiny — continued UK pressure, calls for boycotts, and broader questions about government/healthcare contracts increase political and contractual risk that could slow public sector deal growth or add costs. Palantir Faces Burry Critique And UK Scrutiny As Anthropic Competition Grows

Insiders Place Their Bets

In related news, insider Stephen Andrew Cohen sold 327,088 shares of the 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 completion of the transaction, the insider owned 592 shares of the company’s stock, valued at approximately $79,162.24. This trade represents a 99.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Shyam Sankar sold 168,004 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at $85,953,343.92. The trade was a 20.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,029,879 shares of company stock worth $137,746,253. 9.23% of the stock is currently owned by company insiders.

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.