Geneva Partners LLC Grows Stake in Palantir Technologies Inc. $PLTR

Geneva Partners LLC increased its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 160.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,225 shares of the company’s stock after purchasing an additional 38,970 shares during the period. Palantir Technologies makes up 4.2% of Geneva Partners LLC’s investment portfolio, making the stock its 7th biggest holding. Geneva Partners LLC’s holdings in Palantir Technologies were worth $11,534,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Provenance Wealth Advisors LLC lifted its position in shares of Palantir Technologies by 528.7% in the third quarter. Provenance Wealth Advisors LLC now owns 591 shares of the company’s stock worth $108,000 after buying an additional 497 shares during the last quarter. Arete Wealth Advisors LLC raised its stake in shares of Palantir Technologies by 23.5% in the 3rd quarter. Arete Wealth Advisors LLC now owns 39,341 shares of the company’s stock valued at $7,177,000 after acquiring an additional 7,494 shares in the last quarter. Holderness Investments Co. raised its stake in shares of Palantir Technologies by 22.0% in the 3rd quarter. Holderness Investments Co. now owns 4,020 shares of the company’s stock valued at $733,000 after acquiring an additional 726 shares in the last quarter. Patrick M Sweeney & Associates Inc. acquired a new stake in Palantir Technologies in the 3rd quarter worth approximately $201,000. Finally, Strategies Wealth Advisors LLC boosted its position in Palantir Technologies by 19.7% during the third quarter. Strategies Wealth Advisors LLC now owns 13,993 shares of the company’s stock worth $2,553,000 after purchasing an additional 2,300 shares during the period. 45.65% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Palantir Technologies

In other news, insider Jeffrey Buckley sold 1,232 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total transaction of $159,026.56. Following the sale, the insider directly owned 43,108 shares in the company, valued at approximately $5,564,380.64. The trade was a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Shyam Sankar sold 168,004 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $22,465,494.88. Following the completion of the transaction, the insider owned 642,786 shares of the company’s stock, valued at $85,953,343.92. The trade was a 20.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,054,279 shares of company stock worth $142,212,233 in the last three months. Company insiders own 12.93% of the company’s stock.

Palantir Technologies Price Performance

NASDAQ PLTR opened at $137.19 on Monday. The company’s fifty day moving average is $159.67 and its two-hundred day moving average is $169.71. Palantir Technologies Inc. has a 52-week low of $66.12 and a 52-week high of $207.52. The firm has a market capitalization of $328.11 billion, a price-to-earnings ratio of 217.77, a P/E/G ratio of 2.64 and a beta of 1.70.

Palantir Technologies (NASDAQ:PLTR) last released 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. 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 last year, the company earned $0.14 earnings per share. The firm’s revenue was up 70.0% on a year-over-year basis. As a group, sell-side analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

More Palantir Technologies News

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

• Positive Sentiment: UBS upgraded PLTR to Buy (from Neutral), citing Palantir’s positioning at the intersection of AI and data spending — the upgrade and $150 price target signal renewed Wall Street conviction after the recent pullback. Palantir upgraded to ‘Buy’ by UBS on strong AI and data demand
• Positive Sentiment: Rosenblatt initiated coverage with a Buy rating and a $150 target, joining UBS and creating two fresh buy calls that have supported the rally. Rosenblatt Coverage
• Positive Sentiment: Nvidia CEO Jensen Huang’s bullish comments about the AI cycle lifted sentiment across AI names — investors view this as validation of Palantir’s TAM and AIP opportunity (helps cohort momentum). Palantir Stock Investors Just Got Spectacular News from Nvidia CEO Jensen Huang
• Positive Sentiment: Commercial traction and partnerships — Palantir’s deal with Rackspace to speed enterprise AI deployments and customer rollouts (e.g., OneMedNet’s Foundry rollout) point to expanding go‑to‑market and recurring revenue potential. Palantir AI partnerships and Rackspace
• Neutral Sentiment: Analyst debate and comparisons — coverage from TipRanks and InvestorPlace frames PLTR versus other AI leaders (NVDA) and questions whether the new AI Platform (AIP) will scale into high‑margin, repeatable enterprise deals. These pieces fuel both buy and cautious seller arguments. NVDA vs. PLTR analysis
• Neutral Sentiment: Valuation debate persists — several writeups note Q4 outperformance (strong revenue growth) but warn PLTR trades at a premium and needs execution to justify multiples; this keeps volatility high. Can Palantir justify a premium price?
• Negative Sentiment: Large insider selling — multiple filings show insider sales totaling well over $100M recently, which investors view as a headwind and a token of caution from insiders. Insider Selling: Palantir Insider Sells $65.9M

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. HSBC raised shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price target on the stock in a research report on Tuesday, February 3rd. Daiwa Securities Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 target price for the company in a research report on Tuesday, February 10th. Truist Financial started coverage on shares of Palantir Technologies in a report on Tuesday, January 6th. They set a “buy” rating and a $223.00 price target for the company. Freedom Capital raised Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 13th. Finally, Mizuho raised 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. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $187.96.

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.