SevenBridge Financial Group LLC Has $3.69 Million Stake in Palantir Technologies Inc. $PLTR

SevenBridge Financial Group LLC cut its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 18.9% during the third quarter, Holdings Channel reports. The fund owned 20,012 shares of the company’s stock after selling 4,675 shares during the quarter. SevenBridge Financial Group LLC’s holdings in Palantir Technologies were worth $3,686,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Bare Financial Services Inc boosted its position 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 purchasing an additional 55 shares during the period. Delos Wealth Advisors LLC bought a new position in shares of Palantir Technologies in the second quarter valued at about $29,000. Zeit Capital LLC bought a new position in shares of Palantir Technologies in the second quarter valued at about $30,000. Financial Consulate Inc. acquired a new stake in shares of Palantir Technologies during the 3rd quarter worth about $30,000. Finally, MTM Investment Management LLC acquired a new stake in shares of Palantir Technologies during the 2nd quarter worth about $31,000. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies News Summary

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

Analyst Ratings Changes

A number of brokerages recently commented on PLTR. Daiwa Securities Group upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price target on the stock in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $200.00 price objective on shares of Palantir Technologies in a report on Tuesday, February 3rd. Phillip Securities initiated coverage on Palantir Technologies in a research report on Thursday, January 22nd. They issued a “buy” rating and a $208.00 target price on the stock. HSBC upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a research note on Tuesday, February 3rd. Finally, Citigroup lifted their price target on Palantir Technologies from $235.00 to $260.00 and gave the stock a “buy” rating in a report 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 assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $192.68.

Palantir Technologies Stock Performance

NASDAQ:PLTR opened at $151.60 on Thursday. The company has a market cap of $362.58 billion, a price-to-earnings ratio of 240.64, a PEG ratio of 3.00 and a beta of 1.70. Palantir Technologies Inc. has a fifty-two week low of $66.12 and a fifty-two week high of $207.52. The stock has a fifty day moving average price of $153.81 and a 200-day moving average price of $168.90.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.Palantir Technologies’s revenue was up 70.0% on a year-over-year basis. During the same quarter last year, the business earned $0.14 earnings per share. Research analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Insider Transactions at Palantir Technologies

In related news, insider David A. Glazer sold 17,438 shares of the 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 sale, the insider owned 392,370 shares in the company, valued at approximately $52,467,716.40. This trade represents a 4.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Stephen Andrew Cohen sold 327,088 shares of the company’s stock in a transaction 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 sale, the insider owned 592 shares of the company’s stock, valued at $79,162.24. The trade was a 99.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 1,054,279 shares of company stock worth $142,212,233. Corporate insiders own 9.23% of the company’s stock.

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.