Tounjian Advisory Partners LLC Sells 3,900 Shares of Palantir Technologies Inc. $PLTR

Tounjian Advisory Partners LLC lessened its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 28.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,830 shares of the company’s stock after selling 3,900 shares during the period. Tounjian Advisory Partners LLC’s holdings in Palantir Technologies were worth $1,793,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. LFA Lugano Financial Advisors SA bought a new stake in shares of Palantir Technologies during the 2nd quarter worth about $27,000. Bare Financial Services Inc raised its holdings in Palantir Technologies by 54.5% in the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after acquiring an additional 55 shares during the period. Delos Wealth Advisors LLC acquired a new stake in Palantir Technologies during the second quarter worth approximately $29,000. Zeit Capital LLC bought a new stake in shares of Palantir Technologies during the second quarter worth approximately $30,000. Finally, Financial Consulate Inc. acquired a new position in shares of Palantir Technologies in the third quarter valued at approximately $30,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Key Stories Impacting Palantir Technologies

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

Insider Buying and Selling

In other Palantir Technologies news, insider Shyam Sankar sold 168,004 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the sale, the insider directly owned 642,786 shares of the company’s stock, valued at $85,953,343.92. The trade was a 20.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider David A. Glazer sold 17,438 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the transaction, the insider directly owned 392,370 shares of the company’s stock, valued at $52,467,716.40. The trade was a 4.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,054,279 shares of company stock valued at $142,212,233 over the last three months. Insiders own 9.23% of the company’s stock.

Palantir Technologies Price Performance

Shares of NASDAQ:PLTR opened at $137.19 on Friday. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The company has a market cap of $328.11 billion, a price-to-earnings ratio of 217.77, a PEG ratio of 2.62 and a beta of 1.64. The firm has a 50 day simple moving average of $159.67 and a 200 day simple moving average of $169.94.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data 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. The business 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 quarter in the previous year, the company posted $0.14 EPS. As a group, analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Citigroup increased their target price on Palantir Technologies from $235.00 to $260.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. William Blair upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday, February 2nd. Jefferies Financial Group set a $208.00 target price on shares of Palantir Technologies in a research report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $200.00 price target on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Finally, Cantor Fitzgerald reiterated a “neutral” rating on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $187.96.

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.