Wesbanco Bank Inc. Buys 4,019 Shares of Palantir Technologies Inc. $PLTR

Wesbanco Bank Inc. raised its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 39.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 14,085 shares of the company’s stock after purchasing an additional 4,019 shares during the quarter. Wesbanco Bank Inc.’s holdings in Palantir Technologies were worth $2,569,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Financial Consulate Inc. bought a new position in Palantir Technologies in the 3rd quarter worth $30,000. Retirement Wealth Solutions LLC bought a new stake in Palantir Technologies during the third quarter valued at about $31,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Palantir Technologies in the third quarter valued at about $32,000. Marquette Asset Management LLC bought a new position in shares of Palantir Technologies in the third quarter worth about $34,000. Finally, Millstone Evans Group LLC lifted its position in shares of Palantir Technologies by 98.0% during the 3rd quarter. Millstone Evans Group LLC now owns 198 shares of the company’s stock worth $36,000 after purchasing an additional 98 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Ryan D. Taylor sold 36,048 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $162.36, for a total transaction of $5,852,753.28. Following the completion of the transaction, the insider owned 251,409 shares in the company, valued at $40,818,765.24. This trade represents a 12.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David A. Glazer sold 15,557 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $2,551,192.43. Following the completion of the sale, the insider directly owned 415,612 shares in the company, valued at approximately $68,156,211.88. This represents a 3.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,023,844 shares of company stock valued at $167,455,085. 12.93% of the stock is owned by company insiders.

Palantir Technologies Price Performance

Shares of PLTR stock opened at $139.45 on Wednesday. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The stock has a fifty day moving average price of $172.72 and a 200 day moving average price of $173.16. The stock has a market cap of $332.37 billion, a P/E ratio of 221.35, a price-to-earnings-growth ratio of 2.74 and a beta of 1.64.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same period last year, the firm earned $0.14 EPS. The firm’s revenue for the quarter was up 70.0% compared to the same quarter last year. Equities research analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current year.

More Palantir Technologies News

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

• Positive Sentiment: Palantir expanded its strategic relationship with Airbus to work on the Skywise open data platform, a commercial win that highlights enterprise traction outside defense and could help sustain large commercial contracts and recurring revenue. Peter Thiel’s Palantir Extends Partnership With Boeing Rival Airbus
• Positive Sentiment: Palantir posted another strong quarter (revenue and EPS beat; accelerating revenue growth and rising remaining performance obligations), underpinning the bull case for durable AI/data-platform demand. What’s next for Palantir after its blockbuster Q4 earnings?
• Positive Sentiment: Daiwa Capital upgraded PLTR to Buy and set a $180 target, citing the Q4 results and growth outlook — a vote of confidence from an institutional analyst that could support further inflows if sentiment stabilizes. Daiwa Capital Upgrades Palantir Stock (PLTR) to Buy
• Neutral Sentiment: Wall Street price targets and analyst views remain mixed — some firms raised targets or ratings while others highlight continued volatility and set conservative 12‑month forecasts. This keeps the stock sensitive to earnings and guidance updates. Wall Street sets Palantir stock price for the next 12 months
• Neutral Sentiment: Coverage pieces note Palantir’s exceptional growth metrics (U.S. commercial revenue & RPO growth) but also walk through valuation metrics investors should weigh — useful context but not an immediate catalyst. Think Palantir Stock Is Expensive? 3 Metrics Every Investor Should Consider
• Negative Sentiment: High‑profile investor Michael Burry publicly signaled a sharply bearish view on PLTR, posting analysis that targets a collapse toward ~$60 (roughly a 50%+ downside from recent levels). His involvement can amplify negative sentiment and trading volatility. Michael Burry Forecasts 58% Palantir Collapse, Targets $60
• Negative Sentiment: Reputation/legal scrutiny resurfaced after a high‑profile outlet temporarily removed and then modified Palantir coverage reportedly tied to government/ICE work; such headlines can pressure sentiment among ESG‑sensitive investors. Forbes temporarily pulls Palantir profile — allegedly over ICE contracts
• Negative Sentiment: Several commentators and some analysts warn the stock’s valuation is stretched relative to risks, advising caution or “sell into strength” despite strong growth — a headwind for new buyers at current levels. Why Palantir (PLTR) Stock Is Up Today and Why One Analyst Says Sell Into Strength

Analyst Upgrades and Downgrades

A number of analysts have issued reports on PLTR shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $200.00 target price on shares of Palantir Technologies in a report on Tuesday, February 3rd. Daiwa America upgraded shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a research report on Tuesday, February 3rd. Raymond James Financial reissued a “market perform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. Finally, CICC Research raised their price target on shares of Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 12th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Palantir Technologies currently has a consensus rating of “Hold” and a consensus target price of $191.05.

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.