IFG Advisory LLC Has $10.20 Million Position in Palantir Technologies Inc. $PLTR

IFG Advisory LLC decreased its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 15.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,925 shares of the company’s stock after selling 10,197 shares during the quarter. IFG Advisory LLC’s holdings in Palantir Technologies were worth $10,202,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bare Financial Services Inc lifted its stake in shares of Palantir Technologies by 54.5% during the 3rd 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 last quarter. Financial Consulate Inc. bought a new position in Palantir Technologies in the 3rd quarter valued at about $30,000. Retirement Wealth Solutions LLC acquired a new stake in Palantir Technologies during the third quarter worth approximately $31,000. Flagship Wealth Advisors LLC bought a new stake in shares of Palantir Technologies during the third quarter worth approximately $32,000. Finally, Marquette Asset Management LLC acquired a new position in shares of Palantir Technologies in the third quarter valued at approximately $34,000. 45.65% of the stock is owned by institutional investors.

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR opened at $153.19 on Thursday. The stock has a market capitalization of $366.38 billion, a P/E ratio of 243.16, a PEG ratio of 2.83 and a beta of 1.70. The stock’s fifty day moving average is $156.94 and its 200 day moving average is $169.14. Palantir Technologies Inc. has a 52 week low of $66.12 and a 52 week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share 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 business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the prior year, the business posted $0.14 earnings per share. Palantir Technologies’s revenue was up 70.0% compared to the same quarter last year. Equities research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. UBS Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $180.00 to $150.00 in a report on Thursday, February 26th. Freedom Capital upgraded Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 13th. Weiss Ratings cut shares of Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $200.00 price target on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Finally, HSBC upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price objective for the company in a research note on Tuesday, February 3rd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $192.68.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Jeffrey Buckley sold 1,232 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total value of $159,026.56. Following the sale, the insider owned 43,108 shares of the company’s stock, valued at approximately $5,564,380.64. This trade represents a 2.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Stephen Andrew Cohen sold 327,088 shares of Palantir Technologies stock in a transaction 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 transaction, the insider owned 592 shares in the company, valued at approximately $79,162.24. The trade was a 99.82% 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 worth $142,212,233 in the last 90 days. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies News Roundup

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

• Positive Sentiment: Geopolitical / defense demand lift: Increased U.S.-Iran hostilities have pushed defense software and AI demand higher, and traders are buying PLTR as a direct beneficiary of that shift. Read More.
• Positive Sentiment: Analyst upgrades and higher targets: Rosenblatt and other firms have raised price targets and reiterated buy ratings (Rosenblatt to $200), which supports bullish flow and gives momentum to the rally. Read More.
• Positive Sentiment: Strong fundamentals / commercial AI traction: Recent results (70% y/y revenue growth) and reports that Foundry and Gotham are accelerating enterprise AI adoption underpin the narrative that Palantir’s growth is durable beyond government work. Read More.
• Neutral Sentiment: Valuation and rotation debate: Coverage is split on whether PLTR or larger AI names (e.g., NVIDIA) offer better risk/reward — Palantir’s premium multiple is drawing scrutiny even as some see it as a defense-tilt play. Read More.
• Neutral Sentiment: Investor narratives / long-term bulls weigh in: Several opinion pieces and stock-picking outlets reiterate Palantir as a strategic AI-in-defense investment, helping sentiment but not changing fundamentals immediately. Read More.
• Negative Sentiment: Anthropic fallout: The Pentagon’s ban on Anthropic forces Palantir to unwind or rebuild parts of its Maven Smart Systems where Claude was embedded — a potentially costly, time‑sensitive integration risk for key defense contracts. Read More.
• Negative Sentiment: Insider selling / founder liquidity: Reports that Peter Thiel and other insiders have taken large proceeds are feeding concerns about insider selling and governance optics that can weigh on sentiment longer term. Read More.
• Negative Sentiment: Reputational/regulatory risk: An FT report on an NHS official advising Palantir while pushing to add patient data raises governance and procurement scrutiny that could hurt healthcare expansion efforts. Read More.

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.