Telligent Fund LP Raises Stock Position in Palantir Technologies Inc. $PLTR

Telligent Fund LP grew its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 200.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,000 shares of the company’s stock after purchasing an additional 8,000 shares during the quarter. Palantir Technologies makes up 1.9% of Telligent Fund LP’s holdings, making the stock its 24th biggest position. Telligent Fund LP’s holdings in Palantir Technologies were worth $2,189,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Occidental Asset Management LLC increased its position in shares of Palantir Technologies by 2.8% during 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 lifted its stake 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 purchasing an additional 53 shares in the last quarter. Bare Financial Services Inc increased its position in Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after purchasing an additional 55 shares during the last quarter. Lionshead Wealth Management LLC raised 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 valued at $2,395,000 after buying an additional 56 shares during the period. Finally, Ellenbecker Investment Group lifted its holdings in Palantir Technologies by 3.6% in the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock valued at $295,000 after acquiring an additional 57 shares during the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies News Summary

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

• Positive Sentiment: Q4 beat and revenue acceleration: Palantir reported strong FQ4 results (revenue up ~70% YoY and EPS above estimates), reinforcing the company’s growth narrative and supporting bullish analyst views. Palantir Stock Surges on Dual Buy Upgrades
• Positive Sentiment: Analyst upgrades lift sentiment: UBS and other shops have moved to Buy or Outperform (UBS set a $180 target), which improves near-term demand from institutional investors. Palantir upgraded by UBS
• Positive Sentiment: New partnerships and defense wins: Palantir announced strategic partnerships (Rackspace for AI deployments) and a GE Aerospace engagement tied to a U.S. defense contract, plus expanded DISA cloud authorization — all supporting secular AI and government revenue growth. Palantir partners with Rackspace Palantir shares higher on GE Aerospace deal
• Neutral Sentiment: Analyst and investor debate on valuation: Several outlets frame the recent pullback as a buying opportunity, but PLTR still trades at a premium multiple — the market remains split on whether AIP adoption will fully justify the valuation. Can Palantir justify a premium price?
• Negative Sentiment: Large insider sales: Multiple recent filings show sizable insider disposals (examples: $65.96M sale). Heavy insider selling is increasing supply and weighing on sentiment. Insider Selling: $65,956,884.50
• Negative Sentiment: More insider selling: Additional large insider transactions were reported ($43.74M and $22.47M filings), adding to the recent >$140M of insider sales flagged by market monitors. Insider Selling: $43,738,207.36 Insider Selling: $22,465,494.88
• Negative Sentiment: High-profile skeptics and political scrutiny: Public criticism (e.g., valuation skeptics like Michael Burry) and reports of well-timed political trades add reputational and regulatory risk that can amplify downside on any growth miss. Michael Burry says Palantir is worth $46

Analyst Ratings Changes

A number of brokerages have issued reports on PLTR. Loop Capital cut their price target on shares of Palantir Technologies from $230.00 to $220.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. DA Davidson cut their price objective on Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 3rd. Royal Bank Of Canada lifted their price objective on Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research note on Tuesday, November 4th. CICC Research upped their target price on shares of Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 12th. Finally, Argus raised shares of Palantir Technologies to a “hold” rating in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $187.96.

Palantir Technologies Price Performance

Palantir Technologies stock opened at $135.94 on Friday. The stock’s 50 day moving average price is $160.79 and its 200 day moving average price is $170.25. Palantir Technologies Inc. has a 1-year low of $66.12 and a 1-year high of $207.52. The company has a market cap of $324.00 billion, a PE ratio of 215.78, a price-to-earnings-growth ratio of 2.58 and a beta of 1.64.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, topping 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 company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the previous year, the firm posted $0.14 earnings per share. The business’s revenue for the quarter was up 70.0% compared to the same quarter last year. On average, equities research analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Insider Activity

In other Palantir Technologies news, 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 transaction, the insider owned 6,432,258 shares in the company, valued at $860,507,475.24. The trade was a 7.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Shyam Sankar sold 168,004 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $22,465,494.88. Following the transaction, the insider owned 642,786 shares in the company, valued at $85,953,343.92. This trade represents a 20.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,054,279 shares of company stock valued at $142,212,233 in the last three months. Company insiders own 9.23% of the company’s stock.

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.