FRG Family Wealth Advisors LLC Has $2.10 Million Position in Palantir Technologies Inc. $PLTR

FRG Family Wealth Advisors LLC increased its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 54.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,802 shares of the company’s stock after buying an additional 4,160 shares during the quarter. FRG Family Wealth Advisors LLC’s holdings in Palantir Technologies were worth $2,098,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Occidental Asset Management LLC grew its position in Palantir Technologies by 2.8% during the third quarter. Occidental Asset Management LLC now owns 1,964 shares of the company’s stock worth $358,000 after buying an additional 53 shares in the last quarter. Gallacher Capital Management LLC lifted its holdings in shares of Palantir Technologies by 2.2% during the 3rd quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company’s stock worth $447,000 after acquiring an additional 53 shares during the period. Bare Financial Services Inc lifted its holdings 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 acquiring an additional 55 shares during the period. Lionshead Wealth Management LLC lifted its holdings in shares of 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 acquiring an additional 56 shares during the period. Finally, Ellenbecker Investment Group lifted its holdings in shares of Palantir Technologies by 3.6% during the 3rd quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock worth $295,000 after acquiring an additional 57 shares during the period. 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: Q4 results and guidance underline fast growth: Palantir reported $1.41B revenue (+70% YoY), U.S. commercial revenue up 137% and record total contract value, plus strong profitability and cash with no debt — data that supports the bull case for continued enterprise AI adoption. MarketBeat: Palantir Faces Skepticism Despite Strong Growth
• Positive Sentiment: Analysts and outlets are raising forward earnings and positioning Palantir as an AI platform leader; UBS and other analysts highlight the company’s ontology/AIP moat that converts enterprise data into actionable AI — a structural advantage for large deals. Fool: The 2 Best AI Stocks to Buy Now
• Positive Sentiment: Defense momentum: Palantir’s Maven program designation and analyst calls (Wedbush, others) position it as a first-mover in defense AI, supporting durable government contract revenue. 247wallst: Wedbush on Defense AI
• Neutral Sentiment: Market commentary and trending coverage note recent share moves and broad tech rotation headwinds; some articles simply report intra-day gains or volatility without new fundamental information. Yahoo Finance: PLTR Laps the Market
• Negative Sentiment: Valuation and concentration risk: Benchmark initiated a Hold with a $150 target and several outlets warn PLTR trades at a premium that leaves little room for error — any slowdown or failure to scale AIP pilots into large repeatable contracts could trigger sharp downside. MarketBeat: Benchmark Hold
• Negative Sentiment: Reputational/ethical risk in the UK: NHS staff groups and public scrutiny over defense and health-data work have prompted boycott talk, creating potential headwinds for adoption in sensitive public-sector markets. Yahoo Finance: Palantir Faces UK Boycott
• Negative Sentiment: Bear arguments persist: high-profile short views (and predictions of large downside) plus concerns about stock-based compensation and dilution keep downside risk elevated if growth or margins slip. Fool: Bear Prediction

Insider Activity at Palantir Technologies

In related news, insider Shyam Sankar sold 168,004 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $22,465,494.88. Following the sale, the insider owned 642,786 shares of the company’s stock, valued at $85,953,343.92. The trade was a 20.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider David A. Glazer sold 17,438 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $2,331,809.36. Following the completion of the sale, the insider owned 392,370 shares in the company, valued at $52,467,716.40. This trade represents a 4.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,029,879 shares of company stock valued at $137,746,253 in the last quarter. Insiders own 12.93% of the company’s stock.

Wall Street Analysts Forecast Growth

PLTR has been the subject of a number of recent analyst reports. Benchmark initiated coverage on shares of Palantir Technologies in a report on Wednesday, April 1st. They set a “hold” rating for the company. Loop Capital cut their price target on shares of Palantir Technologies from $230.00 to $220.00 and set a “buy” rating for the company in a report on Friday, January 30th. Daiwa Securities Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a report on Tuesday, February 10th. DA Davidson lowered their target price on Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating for the company in a research note on Tuesday, February 3rd. Finally, Jefferies Financial Group set a $208.00 target price on Palantir Technologies in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $197.77.

Palantir Technologies Stock Up 1.4%

Shares of PLTR stock opened at $150.07 on Wednesday. The firm has a market capitalization of $358.92 billion, a P/E ratio of 238.21, a P/E/G ratio of 2.94 and a beta of 1.68. Palantir Technologies Inc. has a twelve month low of $75.22 and a twelve month high of $207.52. The stock’s fifty day simple moving average is $145.10 and its 200 day simple moving average is $167.28.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.Palantir Technologies’s quarterly revenue was up 70.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 EPS. As a group, equities research analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

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.