Banco Santander S.A. Sells 47,554 Shares of Palantir Technologies Inc. $PLTR

Banco Santander S.A. reduced its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 31.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 103,696 shares of the company’s stock after selling 47,554 shares during the period. Banco Santander S.A.’s holdings in Palantir Technologies were worth $18,916,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of PLTR. Occidental Asset Management LLC raised its holdings in Palantir Technologies by 2.8% in the 3rd quarter. Occidental Asset Management LLC now owns 1,964 shares of the company’s stock valued at $358,000 after acquiring an additional 53 shares during the period. Gallacher Capital Management LLC grew its position in shares of Palantir Technologies by 2.2% in the third quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company’s stock valued at $447,000 after purchasing an additional 53 shares during the last quarter. Bare Financial Services Inc increased its stake in shares of 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. Lionshead Wealth Management LLC lifted its holdings in Palantir Technologies by 0.4% during the 3rd quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock worth $2,395,000 after purchasing an additional 56 shares during the last quarter. Finally, Ellenbecker Investment Group boosted its stake in Palantir Technologies by 3.6% in the 3rd quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock valued at $295,000 after purchasing an additional 57 shares during the period. Institutional investors and hedge funds own 45.65% of the company’s stock.

Insider Transactions at Palantir Technologies

In other news, insider Ryan D. Taylor sold 19,988 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $2,672,795.36. Following the sale, the insider directly owned 219,421 shares in the company, valued at approximately $29,340,976.12. This trade represents a 8.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Stephen Andrew Cohen sold 327,088 shares of Palantir Technologies 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 $43,738,207.36. Following the sale, the insider directly owned 592 shares in the company, valued at $79,162.24. This trade represents a 99.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 1,054,279 shares of company stock valued at $142,212,233. 9.23% of the stock is owned by company insiders.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: UBS upgraded PLTR from Neutral to Buy and set a $180 price target (~32% upside from recent levels), giving institutional buyers a catalyst for fresh demand. Palantir upgraded by UBS after recent sell-off
• Positive Sentiment: New partnerships and contract wins (Rackspace implementation tie, reported DHS/DoD support, GE Aerospace work) strengthen Palantir’s revenue pipeline and AIP/Foundry enterprise rollout story. These are tangible demand drivers for recurring revenue. Why Are Palantir Shares Trading Higher On Wednesday?
• Positive Sentiment: Nvidia CEO comments and broader AI-positive headlines buoy sentiment for AI platform vendors like Palantir, supporting momentum among tech investors. Palantir Stock Investors Just Got Spectacular News from Nvidia CEO Jensen Huang
• Neutral Sentiment: Comparative and deep-dive pieces (Zacks, InvestorPlace) reiterate Palantir’s strength in commercial AI and AIP adoption but underline that much depends on converting pilots to multi‑year deals — supportive long term, mixed short term. Palantir vs. Zeta
• Neutral Sentiment: Analyst debate on whether PLTR’s premium multiple is justified keeps trading choppy: strong growth supports bulls, but valuation leaves little room for execution misses. Can Palantir (PLTR) Justify a Premium Price
• Negative Sentiment: Large insider selling (CEO Alex Karp, other executives) and recent clustered Form 4 filings are a clear negative for sentiment — heavy insider exits amplify fear and can pressure the stock, especially after a recent pullback. Monster insider trading alert for Palantir stock
• Negative Sentiment: Governance and legal scrutiny (headquarters move to Miami, jet reimbursement questions, lawsuits in Europe) add risk premium and could deter some institutional holders. Palantir Move To Miami Tests Governance Concerns And Growth Expectations
• Negative Sentiment: Prominent skeptics (Michael Burry, short‑sell commentary) and stories emphasizing a 30%+ pullback highlight valuation risk — at high P/E and elevated beta, PLTR is vulnerable to profit‑taking if AI enthusiasm cools. Michael Burry Says Palantir Is Worth $46

Palantir Technologies Price Performance

NASDAQ PLTR opened at $135.94 on Friday. The business has a fifty day moving average price of $160.79 and a two-hundred day moving average price of $170.25. The stock has a market capitalization of $324.00 billion, a PE ratio of 215.78, a PEG ratio of 2.58 and a beta of 1.64. Palantir Technologies Inc. has a fifty-two week low of $66.12 and a fifty-two week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last posted 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. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the previous year, the firm earned $0.14 EPS. Palantir Technologies’s revenue was up 70.0% on a year-over-year basis. As a group, sell-side analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

PLTR has been the topic of several recent research reports. Zacks Research cut Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. The Goldman Sachs Group dropped their price objective on shares of Palantir Technologies from $188.00 to $182.00 in a research note on Tuesday, February 3rd. Robert W. Baird raised shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective for the company in a report on Tuesday, February 3rd. William Blair raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a report on Monday, February 2nd. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $191.05.

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.