SeaCrest Wealth Management LLC Sells 28,392 Shares of Palantir Technologies Inc. $PLTR

SeaCrest Wealth Management LLC decreased its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 49.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,758 shares of the company’s stock after selling 28,392 shares during the quarter. Palantir Technologies makes up about 0.6% of SeaCrest Wealth Management LLC’s investment portfolio, making the stock its 26th largest position. SeaCrest Wealth Management LLC’s holdings in Palantir Technologies were worth $5,279,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in PLTR. Decker Retirement Planning Inc. boosted its stake in shares of Palantir Technologies by 778.7% in the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock valued at $11,187,000 after purchasing an additional 54,347 shares during the last quarter. Vanguard Group Inc. grew its holdings in Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after acquiring an additional 7,194,216 shares during the period. Prentice Wealth Management LLC bought a new stake in shares of Palantir Technologies during the 3rd quarter valued at $550,000. Watershed Private Wealth LLC raised its position in shares of Palantir Technologies by 75.3% during the 3rd quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock valued at $1,423,000 after acquiring an additional 3,350 shares during the last quarter. Finally, GAM Holding AG lifted its stake in shares of Palantir Technologies by 39.0% in the 3rd quarter. GAM Holding AG now owns 13,788 shares of the company’s stock valued at $2,515,000 after purchasing an additional 3,868 shares during the period. Institutional investors own 45.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on PLTR shares. Zacks Research cut Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. William Blair raised Palantir Technologies from a “market perform” rating to an “outperform” rating in a research note on Monday, February 2nd. Freedom Capital upgraded Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 13th. Mizuho upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 price target on the stock in a research report on Wednesday, February 18th. Finally, 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 research note on Tuesday, February 3rd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Palantir Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $192.68.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: CEO Alex Karp said Palantir’s AI gives the West a strategic edge in the Middle East and described the company’s role in modern warfare — comments that, coupled with management’s revenue commentary, helped spark a rally. Palantir (PLTR) Stock Surges 12% After CEO Details Middle East AI Operations
• Positive Sentiment: Palantir unveiled a sovereign‑AI OS reference architecture with NVIDIA (full‑stack, gov‑grade AI deployments), a strategic product partnership that many analysts view as a major commercial catalyst. Palantir, Nvidia to provide sovereign AI operating system architecture
• Positive Sentiment: Multiple commercial and defense partnerships (GE Aerospace expansion, Centrus energy tie‑up, LG CNS, Ondas/World View) broaden Palantir’s addressable market and provide near‑term revenue levers. GE Aerospace Deepens Palantir AI Use In Defense And Factory Operations
• Positive Sentiment: Recent company outlooks and authorizations (DISA PFCS Forward) plus analysts raising estimates and a Truist $223 target support the bullish case for accelerating revenue and margins. Palantir (PLTR) Secures DISA Authorization for PFCS Forward Cloud Service
• Neutral Sentiment: Longer-form investor takes debate valuation: some outlets argue PLTR may still be a bargain given growth; others warn the stock is richly valued and must execute nearly perfectly. Palantir Stock Isn’t Cheap, But It Might Still Be a Bargain
• Neutral Sentiment: Analyst and sector comparisons (e.g., Micron) highlight different risk/reward profiles; investors are weighing semiconductor exposure versus Palantir’s software margins. The Zacks Analyst Blog Micron and Palantir
• Negative Sentiment: Reputational and regulatory risk: reporting on Palantir’s role in a wartime “kill chain” and public scrutiny over military uses of its tools raise political and legal risk for defense contracts. The AI-driven ‘kill chain’ transforming how the US wages war
• Negative Sentiment: Pentagon/partner tensions: the DoD’s blacklist of Anthropic and questions about Palantir’s continued use of Anthropic’s Claude create potential customer/supply‑chain friction and contract risk. Palantir is still using Anthropic’s Claude as Pentagon blacklist plays out, CEO Karp says
• Negative Sentiment: Prominent short/bear voices: investor Michael Burry publicly criticizes Palantir’s AI claims and valuation, which could amplify downside if negative headlines persist. Michael Burry Says Palantir Has ‘No Real AI Software’ Of Its Own
• Negative Sentiment: Security threats and geopolitical targeting: reports that Iran’s IRGC has flagged Palantir as a potential target add geopolitical risk that can pressure the stock despite commercial wins. Why Is Palantir Stock Falling Thursday?

Palantir Technologies Stock Performance

PLTR stock traded down $1.46 during midday trading on Friday, hitting $152.04. 8,536,051 shares of the company’s stock were exchanged, compared to its average volume of 51,229,512. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The company has a market cap of $363.63 billion, a PE ratio of 241.25, a price-to-earnings-growth ratio of 3.00 and a beta of 1.70. The stock’s fifty day moving average price is $153.32 and its 200-day moving average price is $168.80.

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

Insider Transactions at Palantir Technologies

In other news, insider Stephen Andrew Cohen sold 327,088 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 transaction of $43,738,207.36. Following the completion of the transaction, the insider directly owned 592 shares of the company’s stock, valued at $79,162.24. This trade represents a 99.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David A. Glazer sold 17,438 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the completion of the sale, the insider directly owned 392,370 shares in the company, valued at approximately $52,467,716.40. This represents a 4.26% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,045,279 shares of company stock worth $140,539,043. Company insiders own 9.23% of the company’s stock.

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.