Geneva Partners LLC Buys 38,970 Shares of Palantir Technologies Inc. $PLTR

Geneva Partners LLC raised its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 160.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 63,225 shares of the company’s stock after acquiring an additional 38,970 shares during the quarter. Palantir Technologies makes up 4.2% of Geneva Partners LLC’s portfolio, making the stock its 7th biggest position. Geneva Partners LLC’s holdings in Palantir Technologies were worth $11,534,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Decker Retirement Planning Inc. lifted its position in shares of Palantir Technologies by 778.7% during the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock valued at $11,187,000 after acquiring an additional 54,347 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Palantir Technologies by 3.6% during the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after purchasing an additional 7,194,216 shares during the last quarter. Prentice Wealth Management LLC acquired a new position in shares of Palantir Technologies in the 3rd quarter valued at $550,000. Watershed Private Wealth LLC increased its stake in Palantir Technologies by 75.3% in the 3rd quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock worth $1,423,000 after purchasing an additional 3,350 shares in the last quarter. Finally, State of Michigan Retirement System raised its holdings in Palantir Technologies by 1.3% during the 2nd quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock worth $127,923,000 after buying an additional 12,300 shares during the period. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $137.19 on Monday. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52. The firm has a market cap of $328.11 billion, a PE ratio of 217.77, a P/E/G ratio of 2.64 and a beta of 1.70. The firm’s 50 day moving average price is $159.67 and its two-hundred day moving average price is $169.71.

Palantir Technologies (NASDAQ:PLTR) last issued its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter last year, the business posted $0.14 EPS. The company’s revenue for the quarter was up 70.0% on a year-over-year basis. Equities analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Weiss Ratings lowered shares of Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, January 15th. HSBC upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price target on the stock in a report on Tuesday, February 3rd. Bank of America raised their price objective on shares of Palantir Technologies from $215.00 to $255.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Morgan Stanley lifted their price objective on shares of Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 4th. Finally, The Goldman Sachs Group reduced their target price on Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Palantir Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $187.96.

Key Palantir Technologies News

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

• Positive Sentiment: UBS upgraded PLTR to Buy (from Neutral), citing Palantir’s positioning at the intersection of AI and data spending — the upgrade and $150 price target signal renewed Wall Street conviction after the recent pullback. Palantir upgraded to ‘Buy’ by UBS on strong AI and data demand
• Positive Sentiment: Rosenblatt initiated coverage with a Buy rating and a $150 target, joining UBS and creating two fresh buy calls that have supported the rally. Rosenblatt Coverage
• Positive Sentiment: Nvidia CEO Jensen Huang’s bullish comments about the AI cycle lifted sentiment across AI names — investors view this as validation of Palantir’s TAM and AIP opportunity (helps cohort momentum). Palantir Stock Investors Just Got Spectacular News from Nvidia CEO Jensen Huang
• Positive Sentiment: Commercial traction and partnerships — Palantir’s deal with Rackspace to speed enterprise AI deployments and customer rollouts (e.g., OneMedNet’s Foundry rollout) point to expanding go‑to‑market and recurring revenue potential. Palantir AI partnerships and Rackspace
• Neutral Sentiment: Analyst debate and comparisons — coverage from TipRanks and InvestorPlace frames PLTR versus other AI leaders (NVDA) and questions whether the new AI Platform (AIP) will scale into high‑margin, repeatable enterprise deals. These pieces fuel both buy and cautious seller arguments. NVDA vs. PLTR analysis
• Neutral Sentiment: Valuation debate persists — several writeups note Q4 outperformance (strong revenue growth) but warn PLTR trades at a premium and needs execution to justify multiples; this keeps volatility high. Can Palantir justify a premium price?
• Negative Sentiment: Large insider selling — multiple filings show insider sales totaling well over $100M recently, which investors view as a headwind and a token of caution from insiders. Insider Selling: Palantir Insider Sells $65.9M

Insider Transactions at Palantir Technologies

In other news, insider Ryan D. Taylor sold 19,988 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,672,795.36. Following the completion of the sale, the insider directly owned 219,421 shares in the company, valued at $29,340,976.12. The trade was a 8.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shyam Sankar sold 168,004 shares of the business’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 $22,465,494.88. Following the completion of the sale, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $85,953,343.92. The trade was a 20.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,054,279 shares of company stock valued at $142,212,233. Corporate 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.