Palantir Technologies Inc. $PLTR Shares Sold by Shannon River Fund Management LLC

Shannon River Fund Management LLC reduced its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 58.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 57,110 shares of the company’s stock after selling 80,898 shares during the period. Palantir Technologies comprises 1.7% of Shannon River Fund Management LLC’s investment portfolio, making the stock its 16th largest holding. Shannon River Fund Management LLC’s holdings in Palantir Technologies were worth $10,418,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of PLTR. Revolve Wealth Partners LLC purchased a new stake in Palantir Technologies during the 4th quarter worth $450,000. Bison Wealth LLC boosted its position in Palantir Technologies by 37.4% in the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after buying an additional 4,667 shares during 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 valued at $1,447,000 after acquiring an additional 4,722 shares in the last quarter. Schnieders Capital Management LLC. increased its position in shares of Palantir Technologies by 36.8% during the second quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock worth $858,000 after acquiring an additional 1,694 shares during the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Palantir Technologies during the second quarter worth about $232,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Centrus partnership: Palantir agreed to support Centrus Energy’s multi‑billion dollar uranium‑enrichment expansion; early work reportedly identified nearly $300M of potential cost savings — a material commercial win in a strategic energy/defense sector. Centrus Partners with Palantir
• Positive Sentiment: DISA authorization: Palantir secured Defense Information Systems Agency authorization for its PFCS Forward cloud service (on‑premises and edge), easing deployment in classified/edge government environments and supporting future federal contract wins. Palantir Secures DISA Authorization
• Positive Sentiment: AIPCon 9 / customer showcases: Palantir is hosting AIPCon 9 with senior speakers from the U.S. Navy, GE Aerospace, Accenture, SAP, Centrus and others — a marketing push that highlights large‑enterprise/government adoption and cross‑sell opportunities. Palantir’s AIPCon 9
• Positive Sentiment: LG CNS deal: A deepened strategic partnership with LG CNS positions Palantir to accelerate AI deployments across the large LG conglomerate in South Korea — a meaningful international commercial channel. LG CNS and Palantir Partnership
• Positive Sentiment: Strong fundamentals: Analysts/coverage highlight Palantir’s 2026 guidance (~61% revenue growth, ~$7.19B sales) and rising margins/free cash flow — fundamentals that justify premium multiples for growth investors. Palantir Profitability Edge
• Neutral Sentiment: Polymarket sports‑integrity partnership: Palantir will build monitoring/compliance tools for prediction markets — expands TAM and showcases non‑defense use cases, though revenue impact and regulatory optics remain uncertain. Polymarket Partners With Palantir
• Neutral Sentiment: Analyst backdrop: Multiple buy ratings and a median six‑month target near $200 support longer‑term upside, but coverage is mixed and valuation is elevated — watch guidance execution. QuiverQuant Opinions
• Negative Sentiment: Geopolitical / security risks: Reports that Iran’s IRGC has flagged Palantir as a potential target have weighed on sentiment — defense exposure cuts both ways (revenue and security risk). Why Is Palantir Stock Falling?
• Negative Sentiment: Reputational/regulatory scrutiny: FT coverage on Palantir tools used in AI‑driven targeting raises ethical and regulatory questions that could spur scrutiny and policy risk for defense contracts. FT: The AI-driven ‘kill chain’
• Negative Sentiment: Insider selling: Large, high‑profile insider share sales have drawn attention and may pressure sentiment despite management statements about liquidity needs or estate planning. Insider Sell-Offs Report

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $151.60 on Thursday. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The company has a 50-day simple moving average of $153.81 and a 200-day simple moving average of $168.90. The firm has a market capitalization of $362.58 billion, a P/E ratio of 240.64, a P/E/G ratio of 3.00 and a beta of 1.70.

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, beating 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 firm 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 quarterly revenue was up 70.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on PLTR. Truist Financial assumed coverage on Palantir Technologies in a research note on Tuesday, January 6th. They set a “buy” rating and a $223.00 price objective for the company. Zacks Research cut Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. Rosenblatt Securities began coverage on shares of Palantir Technologies in a report on Friday, February 27th. They issued a “buy” rating and a $150.00 price target on the stock. Daiwa Securities Group upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 target price on the stock in a research note on Tuesday, February 10th. Finally, Cantor Fitzgerald restated a “neutral” rating on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $192.68.

Insider Buying and Selling at Palantir Technologies

In related news, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $43,738,207.36. Following the completion of the transaction, the insider directly owned 592 shares of the company’s stock, valued at $79,162.24. This represents a 99.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Shyam Sankar sold 168,004 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 value of $22,465,494.88. Following the transaction, the insider directly owned 642,786 shares in the company, valued at $85,953,343.92. This trade represents a 20.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,054,279 shares of company stock valued at $142,212,233. 9.23% of the stock is currently owned by insiders.

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.