Van ECK Associates Corp Sells 78,852 Shares of Palantir Technologies Inc. $PLTR

Van ECK Associates Corp decreased its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 1.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,363,430 shares of the company’s stock after selling 78,852 shares during the quarter. Van ECK Associates Corp owned about 0.18% of Palantir Technologies worth $795,977,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of PLTR. Bare Financial Services Inc boosted its stake in Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after buying an additional 55 shares during the period. Financial Consulate Inc. bought a new position in Palantir Technologies during the 3rd quarter valued at about $30,000. Retirement Wealth Solutions LLC purchased a new stake in Palantir Technologies in the 3rd quarter worth about $31,000. Flagship Wealth Advisors LLC bought a new stake in Palantir Technologies in the third quarter worth about $32,000. Finally, Marquette Asset Management LLC purchased a new position in shares of Palantir Technologies during the third quarter valued at approximately $34,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Trading Down 0.5%

PLTR opened at $156.43 on Tuesday. The company has a market capitalization of $374.13 billion, a price-to-earnings ratio of 248.31, a PEG ratio of 3.12 and a beta of 1.70. Palantir Technologies Inc. has a 12-month low of $66.12 and a 12-month high of $207.52. The business’s fifty day simple moving average is $154.93 and its 200-day simple moving average is $169.08.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data 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 return on equity of 23.81% and a net margin of 36.31%.The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the previous year, the company posted $0.14 earnings per share. The firm’s quarterly revenue was up 70.0% on a year-over-year basis. On average, equities research analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on PLTR. Argus raised Palantir Technologies to a “hold” rating in a research note on Monday, February 9th. Robert W. Baird raised shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price for the company in a research note on Tuesday, February 3rd. Cantor Fitzgerald restated a “neutral” rating on shares of Palantir Technologies in a report on Tuesday, February 3rd. Jefferies Financial Group set a $208.00 price target on shares of Palantir Technologies in a research note on Thursday, January 22nd. Finally, Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a research report on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $192.68.

Insider Transactions at Palantir Technologies

In other news, insider Stephen Andrew Cohen sold 327,088 shares of the company’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 value of $43,738,207.36. Following the completion of the sale, the insider owned 592 shares of the company’s stock, valued at approximately $79,162.24. This represents a 99.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider David A. Glazer sold 17,438 shares of Palantir Technologies 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 $2,331,809.36. Following the transaction, the insider directly owned 392,370 shares in the company, valued at approximately $52,467,716.40. The trade was a 4.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 1,054,279 shares of company stock worth $142,212,233. Insiders own 12.93% of the company’s stock.

More Palantir Technologies News

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

• Positive Sentiment: Q4 results and military relevance: Markets reacted to reports that Palantir’s software played a role coordinating recent Iran strikes and to a Q4 revenue beat (revenue +70% to $1.41B), which traders linked to renewed defense contract demand and strategic value. Palantir (PLTR) Stock Climbs 9% as Military Operations Highlight Strategic Value
• Positive Sentiment: Defense-driven momentum: Multiple outlets note Iran tensions and war-tech demand have accelerated Palantir’s pipeline, supporting recent multi-week gains and optimism around new government and defense spending. Why Palantir Is Soaring While Big Tech Tanks
• Positive Sentiment: Analyst endorsements and opportunity from Anthropic ban: Several analysts (Rosenblatt, others) and commentators argue Palantir could capture LLM demand after regulatory moves against Anthropic, boosting commercial upside. Why Analysts Are Bullish on Palantir Technologies Inc. (PLTR)
• Positive Sentiment: Buy-the-dip narrative from bulls: Wedbush/Dan Ives and other bulls call current levels a generational buying opportunity as AI monetization accelerates, supporting upside case for longer-term holders. Microsoft, Palantir Are Selling At ‘Garage Sale Prices,’ Says Dan Ives
• Neutral Sentiment: Long-term performance context: Anniversary/returns pieces highlight strong multi-year performance, useful for conviction but not an immediate price catalyst. Here’s How Much $1000 Invested In Palantir Technologies 10 Years Ago Would Be Worth Today
• Neutral Sentiment: Mixed price forecasts: Technical/forecast pieces debate large upside (e.g., $260) versus pullback scenarios — signal that market expectations are polarized. Palantir Stock Forecast: Is PLTR Heading to $260 or Dropping Further From Here?
• Negative Sentiment: Valuation and downside warnings: Several analysts and commentators warn PLTR’s lofty P/E and stretched multiples leave it vulnerable if growth slows, and some model sizable downside. Prediction: This Is How Much Further Palantir Stock Could Fall in 2026
• Negative Sentiment: Sectorwide software sell-off (“SaaSpocalypse”): Broader weakness in software/AI multiples has pressured PLTR at times, limiting how far rallies can extend without stronger fundamentals. What Is Going on With Palantir Stock Right Now?
• Negative Sentiment: Insider/holder selling: Century Legend sold a small Palantir stake to boost liquidity — a minor signal but one that can add to near-term supply. Century Legend Sells Palantir Stake to Boost Liquidity and Realize Investment Gains
• Negative Sentiment: Market caution signal: Coverage noting “shockwaves” and warnings around AI leaders suggests some institutional investors are trimming exposure after sharp rallies. Nvidia and Palantir Have Sent Shockwaves Through Wall Street With This Can’t-Miss $9.6 Billion Warning

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.