Palantir Technologies Inc. $PLTR Shares Sold by Cornerstone Enterprises LLC

Cornerstone Enterprises LLC decreased its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 6.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,210 shares of the company’s stock after selling 4,238 shares during the quarter. Palantir Technologies comprises 5.8% of Cornerstone Enterprises LLC’s holdings, making the stock its 6th biggest position. Cornerstone Enterprises LLC’s holdings in Palantir Technologies were worth $11,713,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in PLTR. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its holdings in shares of Palantir Technologies by 95.8% during the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 204,471 shares of the company’s stock valued at $37,300,000 after buying an additional 100,042 shares during the last quarter. Modus Advisors LLC increased its holdings in shares of Palantir Technologies by 14.6% in the third quarter. Modus Advisors LLC now owns 27,479 shares of the company’s stock valued at $5,013,000 after purchasing an additional 3,500 shares during the period. MONECO Advisors LLC raised its stake in shares of Palantir Technologies by 2.6% in the third quarter. MONECO Advisors LLC now owns 11,245 shares of the company’s stock worth $2,051,000 after purchasing an additional 281 shares during the last quarter. Sentry Investment Management LLC lifted its holdings in shares of Palantir Technologies by 12.5% during the third quarter. Sentry Investment Management LLC now owns 5,932 shares of the company’s stock worth $1,089,000 after purchasing an additional 658 shares during the period. Finally, Waterloo Capital L.P. boosted its position in Palantir Technologies by 10.8% in the third quarter. Waterloo Capital L.P. now owns 26,566 shares of the company’s stock valued at $4,846,000 after buying an additional 2,595 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies News Roundup

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

• Positive Sentiment: Blowout Q4 results and upbeat guidance — Palantir reported ~ $1.4B revenue (≈70% YoY) and raised forward guidance, which triggered the initial rally as investors cheered accelerating U.S. commercial sales and large deal wins. Read More.
• Positive Sentiment: Multiple broker upgrades and higher targets — Firms including HSBC, Deutsche Bank and others tightened coverage and raised price targets, supporting near‑term buy momentum. Read More.
• Positive Sentiment: New commercial partnerships and enterprise traction — Palantir announced strategic partnerships (e.g., Cognizant) and management highlighted outsized U.S. commercial growth, reinforcing revenue durability. Read More.
• Neutral Sentiment: Analysts raising near‑term estimates — Northland Securities boosted quarterly and multi‑year EPS/earnings models and set an Outperform/$190 target; useful for modeling but not a consensus buy signal. Read More.
• Neutral Sentiment: Minor director insider sale disclosed — A director sold 400 shares (small holding change) — worth noting for ownership trends but not a major red flag by itself. Read More.
• Negative Sentiment: CEO/insider selling headlines — Coverage flagged that CEO Alex Karp sold large amounts of stock over recent years (~$2.2B noted in reports), which rekindled concerns about insider liquidity and investor sentiment. Read More.
• Negative Sentiment: Profit‑taking and broader AI/tech pullback — After the big Q4 move, momentum investors rotated out of high‑beta AI winners into cheaper names, causing short‑term selling pressure. Read More.
• Negative Sentiment: Some sell‑side trimming — A few firms trimmed targets or expressed caution (DA Davidson, others), which amplified the pullback despite the strong quarter. Read More.

Palantir Technologies Stock Down 6.8%

Shares of Palantir Technologies stock opened at $130.01 on Friday. The firm has a market cap of $309.87 billion, a PE ratio of 206.37, a P/E/G ratio of 3.35 and a beta of 1.64. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52. The business has a 50-day moving average price of $174.49 and a 200 day moving average price of $173.19.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.Palantir Technologies’s quarterly revenue was up 70.0% compared to the same quarter last year. During the same period last year, the company earned $0.14 earnings per share. On average, sell-side analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on PLTR shares. Jefferies Financial Group set a $208.00 price target on shares of Palantir Technologies in a research report on Thursday, January 22nd. Loop Capital reduced their target price on shares of Palantir Technologies from $230.00 to $220.00 and set a “buy” rating for the company in a report on Friday, January 30th. Hsbc Global Res raised shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Bank of America lifted their price objective on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Finally, Northland Securities raised Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $191.95.

Insider Buying and Selling

In related news, insider Ryan D. Taylor sold 12,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the completion of the transaction, the insider owned 239,409 shares in the company, valued at $43,416,822.15. This represents a 4.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider David A. Glazer sold 9,000 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $185.91, for a total transaction of $1,673,190.00. Following the completion of the transaction, the insider directly owned 413,639 shares in the company, valued at $76,899,626.49. This represents a 2.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,023,844 shares of company stock worth $167,455,085 in the last 90 days. 9.23% of the stock is owned by insiders.

Palantir Technologies Company 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.