Palantir Technologies Inc. $PLTR Shares Sold by Wedbush Securities Inc.

Wedbush Securities Inc. cut its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 21.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 164,204 shares of the company’s stock after selling 43,950 shares during the quarter. Palantir Technologies makes up approximately 1.0% of Wedbush Securities Inc.’s portfolio, making the stock its 14th biggest position. Wedbush Securities Inc.’s holdings in Palantir Technologies were worth $29,954,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in PLTR. Revolve Wealth Partners LLC purchased a new stake in shares of Palantir Technologies in the 4th quarter valued at approximately $450,000. Bison Wealth LLC grew its stake in shares of Palantir Technologies by 37.4% during the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after purchasing an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC grew its stake in shares of Palantir Technologies by 38.0% during the first quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock worth $1,447,000 after purchasing an additional 4,722 shares in the last quarter. Inspire Investing LLC purchased a new position in Palantir Technologies in the second quarter valued at $271,000. Finally, Naviter Wealth LLC acquired a new stake in Palantir Technologies in the second quarter valued at $1,116,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Ryan D. Taylor sold 36,048 shares of the company’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 sale, the insider directly owned 251,409 shares of the company’s stock, valued at $40,818,765.24. This represents a 12.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Alexander C. Karp sold 359,325 shares of Palantir Technologies stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $58,925,706.75. Following the completion of the transaction, the insider owned 6,432,258 shares in the company, valued at $1,054,825,989.42. This trade represents a 5.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,023,844 shares of company stock worth $167,455,085 over the last three months. 9.23% of the stock is currently owned by company insiders.

Palantir Technologies Trading Down 2.7%

PLTR stock opened at $135.68 on Thursday. The business has a 50 day simple moving average of $171.91 and a 200-day simple moving average of $172.90. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52. The company has a market capitalization of $323.38 billion, a P/E ratio of 215.37, a PEG ratio of 2.68 and a beta of 1.64.

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 net margin of 36.31% and a return on equity of 23.81%. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same period last year, the firm posted $0.14 EPS. Palantir Technologies’s revenue for the quarter was up 70.0% on a year-over-year basis. Research analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

More Palantir Technologies News

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

• Positive Sentiment: DISA authorization expands PFCS Forward to on‑premises and edge IL5/IL6 deployments — strengthens Palantir’s ability to win sensitive defense and intelligence contracts and makes its stack (Apollo, Gotham, Foundry, AIP, Rubix) deployable in more classified environments. Read More.
• Positive Sentiment: Daiwa upgraded PLTR to Buy (citing Q4 results and AI deal momentum) — an influential upgrade that reassures investors about commercial AI growth prospects even as some price targets were trimmed. Read More.
• Positive Sentiment: Large institutional interest: reports the world’s biggest sovereign wealth fund added a multibillion-dollar stake — a strong credibility signal that can support longer‑term demand for the shares. Read More.
• Positive Sentiment: Commercial traction: multi‑year extension with Airbus expands Palantir’s presence in aviation and highlights cross‑sell potential in large enterprise programs. Read More.
• Neutral Sentiment: Strong Q4/earnings momentum underpins the narrative (revenue growth, margin expansion), but some analysts warn much of that strength may already be priced into the stock. Read More.
• Neutral Sentiment: Positive analyst and trade pieces highlight Palantir as an AI/defense compounder, yet they often note valuation risks versus peers. Read More.
• Negative Sentiment: High-profile bear case: Michael Burry has publicly flagged an ultra‑bear thesis on PLTR, which can amplify volatility and investor nervousness. Read More.
• Negative Sentiment: Insider selling continues (reported >$9M sold in 2026) — creates optics risk and gives traders reasons to take profits after the rally. Read More.
• Negative Sentiment: Near-term volatility: stock slid sharply in recent sessions (one report noted a ~20% move) as sector pressure and profit‑taking offset positive headlines. Read More.

Analysts Set New Price Targets

Several research firms have recently issued reports on PLTR. Daiwa Securities Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a research report on Tuesday. Jefferies Financial Group set a $208.00 target price on Palantir Technologies in a research note on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $200.00 price target on shares of Palantir Technologies in a report on Tuesday, February 3rd. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday, February 2nd. Finally, Morgan Stanley upped their target price on shares of Palantir Technologies from $155.00 to $205.00 and gave the company an “equal weight” rating in a report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $191.05.

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.