Marks Group Wealth Management Inc bought a new stake in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 38,221 shares of the company’s stock, valued at approximately $6,972,000.
A number of other large investors have also recently bought and sold shares of the stock. LFA Lugano Financial Advisors SA purchased a new stake in shares of Palantir Technologies in the second quarter valued at $27,000. Delos Wealth Advisors LLC acquired a new position in Palantir Technologies in the 2nd quarter valued at about $29,000. Zeit Capital LLC acquired a new position in Palantir Technologies in the 2nd quarter valued at about $30,000. Financial Consulate Inc. purchased a new position in Palantir Technologies in the 3rd quarter valued at about $30,000. Finally, GS Investments Inc. acquired a new stake in shares of Palantir Technologies during the 2nd quarter worth about $31,000. Institutional investors and hedge funds own 45.65% of the company’s stock.
More Palantir Technologies News
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Mizuho and other analysts upgraded PLTR, citing stronger AI growth prospects and better near-term visibility; that analyst lift is supporting buying interest. Palantir Technologies (NASDAQ:PLTR) Stock Price Up 1.8% Following Analyst Upgrade
- Positive Sentiment: Palantir announced a new ~ $1 billion government deal and its Palantir Federal Cloud Service (PFCS) Forward received a DoD authorization that streamlines deployment for defense customers — both boost visibility into large, recurring government revenue. Palantir Landed Its Next $1 Billion Deal
- Positive Sentiment: A U.S. judge temporarily blocked former Palantir staffers from poaching employees for a rival AI firm, protecting Palantir’s human capital and reducing near-term competitive risk. US judge blocks ex-Palantir staffers from poaching workers for new AI firm
- Neutral Sentiment: ISG launched a study of Palantir ecosystem partners (consulting, implementation and AI analytics) — this highlights partner traction but is an indirect catalyst for PLTR revenue. ISG to Assess Palantir Ecosystem Partners
- Neutral Sentiment: Partner headlines (Rackspace’s huge rally after an AI tie-up with Palantir) are driving wider attention to PLTR but the move mainly benefits the partner’s stock and may not immediately change Palantir fundamentals. Rackspace Surges Another 50% Higher on Palantir AI Partnership Hype
- Negative Sentiment: High-profile criticism from Michael Burry and media attention on CEO Alex Karp’s disclosed ~$17M private-jet bill have raised corporate-governance concerns and sparked negative headlines that can pressure the stock multiple. Palantir’s stock has dropped a third from its peak. Michael Burry has a new line of attack.
- Negative Sentiment: Short-term pressure from a legal dispute with Percepta and continued media scrutiny about executive expenses are keeping volatility elevated and could weigh on sentiment while headlines persist. What’s Going On With Palantir Stock Friday?
- Negative Sentiment: Broader software/AI rotation and a pullback in high-growth names have pushed PLTR lower year-to-date; even with improving fundamentals, elevated valuation and sector sentiment remain risk factors. Down 24% in 2026, Where Is Palantir Stock Headed Next and Should You Buy PLTR Here?
Palantir Technologies Stock Up 0.3%
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its quarterly earnings data on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the previous year, the company posted $0.14 earnings per share. The firm’s revenue was up 70.0% on a year-over-year basis. On average, analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current year.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on PLTR shares. William Blair raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday, February 2nd. Freedom Capital upgraded shares of Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 13th. Cantor Fitzgerald restated a “neutral” rating on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Citigroup increased their price objective on shares of Palantir Technologies from $235.00 to $260.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Finally, Loop Capital dropped their target price on Palantir Technologies from $230.00 to $220.00 and set a “buy” rating on the stock in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $191.05.
Read Our Latest Report on Palantir Technologies
Insider Buying and Selling
In related news, Director Lauren Elaina Friedman Stat sold 400 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $151.14, for a total transaction of $60,456.00. Following the completion of the transaction, the director owned 58,287 shares in the company, valued at $8,809,497.18. The trade was a 0.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ryan D. Taylor sold 12,000 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the transaction, the insider directly owned 239,409 shares of the company’s stock, valued at approximately $43,416,822.15. This trade represents a 4.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 24,800 shares of company stock valued at $4,526,436. Insiders own 12.93% 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.
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