Prime Capital Investment Advisors LLC Sells 23,037 Shares of Palantir Technologies Inc. $PLTR

Prime Capital Investment Advisors LLC cut its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 8.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 238,647 shares of the company’s stock after selling 23,037 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Palantir Technologies were worth $42,419,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Bare Financial Services Inc grew its stake in shares of Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after acquiring an additional 55 shares during the period. Delos Wealth Advisors LLC bought a new stake in Palantir Technologies during the second quarter valued at approximately $29,000. Zeit Capital LLC bought a new stake in Palantir Technologies during the second quarter valued at approximately $30,000. Financial Consulate Inc. bought a new stake in Palantir Technologies during the third quarter valued at approximately $30,000. Finally, Retirement Wealth Solutions LLC bought a new stake in Palantir Technologies during the third quarter valued at approximately $31,000. 45.65% of the stock is currently owned by institutional investors.

Insider Transactions at Palantir Technologies

In other news, insider Alexander C. Karp sold 493,025 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.78, for a total value of $65,956,884.50. Following the transaction, the insider owned 6,432,258 shares of the company’s stock, valued at approximately $860,507,475.24. The trade was a 7.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Shyam Sankar sold 168,004 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the completion of 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 position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 1,029,879 shares of company stock valued at $137,746,253. 9.23% of the stock is owned by corporate insiders.

More Palantir Technologies News

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

• Positive Sentiment: DevCon5 investor commentary portrayed Palantir as an active disruptor with product momentum and AIP adoption that can support enterprise expansion. Palantir: DevCon5 Shows A Disruptor, Not The Disrupted
• Positive Sentiment: Ming Tang, NHS data chief, is pushing for a deeper rollout of Palantir’s platform in England and described results as “outstanding,” which supports continued public-sector revenue potential despite political pushback. NHS data chief pushes for deeper rollout of Palantir technology despite outcry
• Positive Sentiment: Some Wall Street coverage remains bullish (one analyst forecasts a $230 target), reinforcing the narrative that Palantir could justify a premium if AIP converts pilots into large deals. Will Palantir Reach $230 Per Share? This Wall Street Analyst Thinks So.
• Neutral Sentiment: Macro-driven premarket strength tied to a ceasefire announcement briefly lifted PLTR earlier in the session, showing the stock remains sensitive to market-wide risk tone. Why Is Palantir Stock Gaining Wednesday?
• Negative Sentiment: Famed investor Michael Burry posted criticisms of Palantir’s competitive stance and disclosed bearish positions; that social-media hit is the immediate sell catalyst and amplified short-term downside pressure. Why Palantir Technologies Stock Tanked on Wednesday
• Negative Sentiment: Analysts and outlets flagged valuation concerns and UK ethical scrutiny (NHS staff boycotts, defense ties), creating an overhang that makes the stock vulnerable to any negative headlines. Palantir Falls 5% While Tech Stocks Climb: Valuation Concerns and UK Scrutiny Weigh on the AI Darling
• Negative Sentiment: One analyst warned against buying the dip, citing Burry’s comments and execution/valuation risk — increasing the chance of continued volatility until clarity around AIP deal conversions arrives. Why Palantir Stock (PLTR) Is Down Today and Why One Analyst Warns Against Jumping In Too Soon

Palantir Technologies Stock Performance

PLTR stock opened at $140.76 on Thursday. Palantir Technologies Inc. has a one year low of $77.27 and a one year high of $207.52. The company’s fifty day moving average price is $144.76 and its 200-day moving average price is $167.09. The company has a market capitalization of $336.65 billion, a PE ratio of 223.43, a price-to-earnings-growth ratio of 2.94 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, February 2nd. The company reported $0.25 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 firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the previous year, the firm earned $0.14 earnings per share. The company’s quarterly revenue was up 70.0% compared to the same quarter last year. On average, research analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Northland Securities upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 target price for the company in a research report on Tuesday, February 3rd. Robert W. Baird upgraded 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 report on Tuesday, February 3rd. Piper Sandler restated an “overweight” rating and set a $230.00 target price on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Freedom Capital upgraded shares of Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 13th. Finally, Wedbush restated an “outperform” rating and set a $230.00 target price on shares of Palantir Technologies in a research report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $197.77.

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.