Kathmere Capital Management LLC Lowers Stake in Palantir Technologies Inc. $PLTR

Kathmere Capital Management LLC cut its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 39.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,302 shares of the company’s stock after selling 6,777 shares during the period. Kathmere Capital Management LLC’s holdings in Palantir Technologies were worth $1,831,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Revolve Wealth Partners LLC purchased a new position in Palantir Technologies during the fourth quarter worth approximately $450,000. Bison Wealth LLC increased its position in shares of Palantir Technologies by 37.4% in the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after buying an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC raised its stake in shares of Palantir Technologies by 38.0% during the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock worth $1,447,000 after buying an additional 4,722 shares during the period. Schnieders Capital Management LLC. raised its stake in shares of Palantir Technologies by 36.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock worth $858,000 after buying an additional 1,694 shares during the period. Finally, Summit Global Investments purchased a new position in shares of Palantir Technologies during the 2nd quarter valued at approximately $247,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Stock Down 4.8%

Shares of PLTR opened at $147.56 on Friday. Palantir Technologies Inc. has a 52-week low of $66.12 and a 52-week high of $207.52. The firm’s fifty day moving average is $148.62 and its two-hundred day moving average is $168.58. The stock has a market cap of $352.92 billion, a PE ratio of 234.23, a price-to-earnings-growth ratio of 3.07 and a beta of 1.70.

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

More Palantir Technologies News

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

• Positive Sentiment: Expanded global partnership with Bain & Company to scale enterprise AI should accelerate commercial sales and implementation demand, improving Palantir’s route to recurring revenue. Bain & Company announces expansion of lead global management consulting partnership with Palantir
• Positive Sentiment: Pentagon adoption of Palantir’s Maven as a formal program of record strengthens government revenue visibility and makes sizable multi‑year spend more likely — a key reason bulls justify the high multiple. Palantir Secures Pentagon Maven Role As Valuation And Growth Debated
• Positive Sentiment: Involvement on the reported $185B “Golden Dome” missile‑defense program with partners like Anduril could translate into multi‑year, high‑margin defense software revenue if contracts scale. That program has already driven analyst optimism and price‑target upgrades. Anduril, Palantir developing Golden Dome missile shield’s software
• Positive Sentiment: Sell‑side support: Rosenblatt reaffirmed a “buy” and a $200 target, highlighting upside if execution continues and defense/commercial adoption expands. Rosenblatt reaffirms buy on Palantir (Benzinga)
• Neutral Sentiment: Analyst and media takes are split: coverage weighing Palantir as a major enterprise AI platform but noting intense competition and valuation risks — useful context but not an immediate catalyst. Palantir in the Enterprise AI Race (Zacks)
• Neutral Sentiment: Comparisons to larger AI plays (e.g., Nvidia) highlight Palantir’s software exposure vs. hardware winners — frames long‑term thesis but doesn’t change near‑term cash flow profile. Nvidia vs Palantir: Which AI Stock is a Long-Term Buy?
• Negative Sentiment: Sectorwide tech profit‑taking and recent intraday weakness are pressuring PLTR despite positive news; several articles note sharp pullbacks tied to broad market moves. Palantir Drops 5% as Tech Sells Off (Yahoo)
• Negative Sentiment: Valuation and bearish analyst notes: high multiples (very elevated P/E) and calls from some firms to sell create downside risk if growth disappoints or defense wins don’t translate to predictable revenue. Analyst says buy Amazon, sell Palantir (Fool)

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on PLTR shares. Citigroup lifted their price target on shares of Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a report on Tuesday, February 3rd. Phillip Securities initiated coverage on shares of Palantir Technologies in a research report on Thursday, January 22nd. They issued a “buy” rating and a $208.00 target price on the stock. Robert W. Baird raised shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price for the company in a research note on Tuesday, February 3rd. Finally, Cantor Fitzgerald restated a “neutral” rating on shares of Palantir Technologies in a research report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have assigned a Hold rating and two have given 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 a consensus price target of $198.59.

Insider Activity at Palantir Technologies

In other news, insider Jeffrey Buckley sold 1,232 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total transaction of $159,026.56. Following the transaction, the insider directly owned 43,108 shares in the company, valued at $5,564,380.64. The trade was a 2.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider David A. Glazer sold 17,438 shares of the company’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 $2,331,809.36. Following the completion of the sale, the insider owned 392,370 shares of the company’s stock, valued at $52,467,716.40. This trade represents a 4.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,045,279 shares of company stock worth $140,539,043 in the last 90 days. 9.23% of the stock is owned by insiders.

About Palantir Technologies

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.