Atlas Private Wealth Advisors Sells 28,031 Shares of Palantir Technologies Inc. $PLTR

Atlas Private Wealth Advisors cut its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 50.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,473 shares of the company’s stock after selling 28,031 shares during the quarter. Palantir Technologies makes up approximately 1.2% of Atlas Private Wealth Advisors’ portfolio, making the stock its 23rd largest holding. Atlas Private Wealth Advisors’ holdings in Palantir Technologies were worth $5,012,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Decker Retirement Planning Inc. boosted its stake in Palantir Technologies by 778.7% in the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock worth $11,187,000 after purchasing an additional 54,347 shares during the period. Vanguard Group Inc. increased its position in Palantir Technologies by 3.6% in the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after purchasing an additional 7,194,216 shares during the last quarter. Prentice Wealth Management LLC bought a new stake in shares of Palantir Technologies in the 3rd quarter worth about $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 buying an additional 3,350 shares in the last quarter. Finally, State of Michigan Retirement System grew its position in Palantir Technologies by 1.3% in the second quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock worth $127,923,000 after acquiring an additional 12,300 shares in the last quarter. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on PLTR. Phillip Securities assumed coverage on shares of Palantir Technologies in a research note on Thursday, January 22nd. They issued a “buy” rating and a $208.00 price target on the stock. Morgan Stanley raised their target price on Palantir Technologies from $155.00 to $205.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 4th. Daiwa Capital Markets increased their target price on Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Jefferies Financial Group set a $208.00 target price on Palantir Technologies in a research note on Thursday, January 22nd. Finally, Mizuho lifted their price target on Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Palantir Technologies has a consensus rating of “Hold” and an average price target of $184.07.

Palantir Technologies News Summary

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

• Positive Sentiment: Commercial traction and partnerships remain a tailwind — Palantir continues to win commercial deals and expands AIP deployments; a visible example is the Innodata data/annotation deal that supports Palantir’s AI platform and signals ongoing enterprise adoption. Innodata Selected by Palantir
• Positive Sentiment: Earnings expectations are high but supportive of the story — analysts and previews expect strong Q4 revenue growth (consensus and previews cite roughly ~60%+ YoY revenue growth and rising EPS), which could validate the AI-driven growth thesis if results beat. Zacks Q4 Preview
• Neutral Sentiment: Options and implied volatility point to a big move — the options market is pricing for a double?digit swing around earnings, meaning elevated risk/reward for short?term traders but not necessarily a directional signal. Investopedia on implied move
• Neutral Sentiment: Founder comments and media chatter (e.g., on Elon?linked corporate moves) are getting airtime but are unlikely to be material to near?term fundamentals; monitor for headlines but prioritize earnings and contract updates. Fox interview
• Negative Sentiment: Broader software/AI sector selloff is pressuring PLTR — sector weakness is amplifying outflows from richly valued AI names and contributing to today’s decline. Benzinga on software rout
• Negative Sentiment: Reputational and political risk (ICE contracts) is resurfacing — renewed headlines about government work can sap sentiment, potentially slowing federal contract momentum or triggering short?term selling. MarketBeat reality check
• Negative Sentiment: Technical damage: PLTR broke key supports (200?day MA and the $150 area) and formed bearish patterns; higher volume on the pullback suggests profit?taking and raises the odds of further near?term downside if earnings disappoint. Benzinga technicals
• Negative Sentiment: Valuation remains a double?edged sword — PLTR trades at a very high multiple (P/E elevated vs. peers), so even a good print that falls short of lofty expectations could trigger outsized selling; some analysts even flag deep downside scenarios. Analyst warning

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Ryan D. Taylor sold 12,000 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total value of $2,176,200.00. Following the sale, the insider owned 239,409 shares in the company, valued at $43,416,822.15. This represents a 4.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Shyam Sankar sold 19,004 shares of Palantir Technologies stock in a transaction on Friday, November 21st. The stock was sold at an average price of $156.25, for a total value of $2,969,375.00. Following the sale, the insider directly owned 642,786 shares of the company’s stock, valued at $100,435,312.50. This represents a 2.87% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,023,444 shares of company stock valued at $167,394,629. 9.23% of the stock is owned by company insiders.

Palantir Technologies Stock Down 3.5%

Shares of PLTR opened at $146.59 on Friday. Palantir Technologies Inc. has a 12 month low of $66.12 and a 12 month high of $207.52. The firm has a market cap of $349.39 billion, a price-to-earnings ratio of 349.03, a price-to-earnings-growth ratio of 3.82 and a beta of 1.54. The company’s fifty day moving average is $176.13 and its 200-day moving average is $173.41.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The company’s revenue for the quarter was up 62.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.10 earnings per share. As a group, research analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Palantir Technologies 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.