Private Advisory Group LLC Trims Stake in Palantir Technologies Inc. $PLTR

Private Advisory Group LLC reduced its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 19.9% during the third quarter, Holdings Channel.com reports. The firm owned 15,428 shares of the company’s stock after selling 3,840 shares during the quarter. Private Advisory Group LLC’s holdings in Palantir Technologies were worth $2,814,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of PLTR. Occidental Asset Management LLC lifted its position in shares of Palantir Technologies by 2.8% during 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 in the last quarter. Gallacher Capital Management LLC increased its holdings in 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 acquiring an additional 53 shares in the last quarter. Lionshead Wealth Management LLC raised its stake in 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 acquiring an additional 56 shares during the period. Ellenbecker Investment Group lifted its holdings in Palantir Technologies by 3.6% during the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock valued at $295,000 after purchasing an additional 57 shares in the last quarter. Finally, Traveka Wealth LLC boosted its position in shares of Palantir Technologies by 1.6% in the third quarter. Traveka Wealth LLC now owns 3,695 shares of the company’s stock worth $674,000 after purchasing an additional 57 shares during the period. Institutional investors own 45.65% of the company’s stock.

Insider Transactions at Palantir Technologies

In other news, insider David A. Glazer sold 9,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $185.91, for a total transaction of $1,673,190.00. Following the transaction, the insider owned 413,639 shares of the company’s stock, valued at approximately $76,899,626.49. The trade was a 2.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lauren Elaina Friedman Stat sold 3,400 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total transaction of $616,590.00. Following the transaction, the director directly owned 58,687 shares in the company, valued at approximately $10,642,887.45. This trade represents a 5.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 24,800 shares of company stock worth $4,526,436. 12.93% of the stock is currently owned by company insiders.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Mizuho and other analysts upgraded PLTR, citing stronger AI growth prospects and better near-term visibility; that analyst lift is supporting buying interest. Palantir Technologies (NASDAQ:PLTR) Stock Price Up 1.8% Following Analyst Upgrade
• Positive Sentiment: Palantir announced a new ~ $1 billion government deal and its Palantir Federal Cloud Service (PFCS) Forward received a DoD authorization that streamlines deployment for defense customers — both boost visibility into large, recurring government revenue. Palantir Landed Its Next $1 Billion Deal
• Positive Sentiment: A U.S. judge temporarily blocked former Palantir staffers from poaching employees for a rival AI firm, protecting Palantir’s human capital and reducing near-term competitive risk. US judge blocks ex-Palantir staffers from poaching workers for new AI firm
• Neutral Sentiment: ISG launched a study of Palantir ecosystem partners (consulting, implementation and AI analytics) — this highlights partner traction but is an indirect catalyst for PLTR revenue. ISG to Assess Palantir Ecosystem Partners
• Neutral Sentiment: Partner headlines (Rackspace’s huge rally after an AI tie-up with Palantir) are driving wider attention to PLTR but the move mainly benefits the partner’s stock and may not immediately change Palantir fundamentals. Rackspace Surges Another 50% Higher on Palantir AI Partnership Hype
• Negative Sentiment: High-profile criticism from Michael Burry and media attention on CEO Alex Karp’s disclosed ~$17M private-jet bill have raised corporate-governance concerns and sparked negative headlines that can pressure the stock multiple. Palantir’s stock has dropped a third from its peak. Michael Burry has a new line of attack.
• Negative Sentiment: Short-term pressure from a legal dispute with Percepta and continued media scrutiny about executive expenses are keeping volatility elevated and could weigh on sentiment while headlines persist. What’s Going On With Palantir Stock Friday?
• Negative Sentiment: Broader software/AI rotation and a pullback in high-growth names have pushed PLTR lower year-to-date; even with improving fundamentals, elevated valuation and sector sentiment remain risk factors. Down 24% in 2026, Where Is Palantir Stock Headed Next and Should You Buy PLTR Here?

Palantir Technologies Trading Up 0.3%

Shares of Palantir Technologies stock opened at $135.24 on Monday. The firm has a market cap of $322.34 billion, a PE ratio of 214.67, a PEG ratio of 2.60 and a beta of 1.64. The stock has a 50 day moving average of $164.88 and a 200 day moving average of $171.52. Palantir Technologies Inc. has a 12 month low of $66.12 and a 12 month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $1.34 billion. During the same period in the prior year, the firm earned $0.14 EPS. The company’s revenue for the quarter was up 70.0% on a year-over-year basis. As a group, equities research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on PLTR. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday, February 2nd. The Goldman Sachs Group decreased their price target on Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. Northland Securities upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research report on Tuesday, February 3rd. Weiss Ratings cut Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Finally, Raymond James Financial reissued a “market perform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $191.05.

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.