Crossmark Global Holdings Inc. Acquires 22,013 Shares of Palantir Technologies Inc. $PLTR

Crossmark Global Holdings Inc. raised its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 15.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 164,062 shares of the company’s stock after buying an additional 22,013 shares during the period. Crossmark Global Holdings Inc.’s holdings in Palantir Technologies were worth $29,928,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. LFA Lugano Financial Advisors SA bought a new position in Palantir Technologies in the 2nd quarter worth $27,000. Bare Financial Services Inc increased its position in Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after buying an additional 55 shares in the last quarter. Delos Wealth Advisors LLC purchased a new stake in Palantir Technologies in the second quarter worth about $29,000. Zeit Capital LLC bought a new position in shares of Palantir Technologies in the second quarter worth about $30,000. Finally, Financial Consulate Inc. purchased a new position in shares of Palantir Technologies during the 3rd quarter valued at about $30,000. 45.65% of the stock is currently owned by institutional investors.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Geopolitical spike driving defense demand — investors are buying PLTR as U.S.-Iran tensions boost expectations for government spending on battlefield and intelligence AI, a major near‑term catalyst for Palantir. Reuters: Palantir faces challenge to remove Anthropic
• Positive Sentiment: Analyst upgrades and bullish price targets — several firms have raised targets and ratings (Rosenblatt, UBS, Citi and others), citing defense tailwinds and PLTR’s AI positioning; those upgrades are drawing fresh buyer interest. Benzinga: Analyst praises Palantir’s growth prospects
• Positive Sentiment: Strong reported fundamentals — Palantir’s latest quarter showed ~70% YoY revenue growth and improved profitability, supporting the narrative that Foundry/Gotham are scaling in both government and commercial markets. Fool: Why Palantir stock is surging
• Positive Sentiment: Enterprise AI traction — Foundry and Gotham are cited as drivers of rapid commercial revenue growth, which reduces sole reliance on government contracts and lifts investor conviction. Yahoo: PLTR’s Foundry and Gotham accelerate enterprise AI expansion
• Neutral Sentiment: Valuation debates vs. other AI names — coverage compares PLTR to NVIDIA and other AI leaders; some argue PLTR’s premium valuation is justified by defense exposure, others see a gap that raises long‑term allocation questions. Zacks: Palantir vs. NVIDIA valuation
• Neutral Sentiment: Technical/sector momentum — Palantir is benefitting from a defense-stock rally and improved technical ratings, which can amplify moves but also reverse if broader risk sentiment shifts. Investor’s Business Daily: Technical ratings improve
• Negative Sentiment: Anthropic dependency and contract unwind risk — reporting indicates Palantir’s Maven Smart Systems used Anthropic code; removing or replacing that dependency for Pentagon customers could create integration, timing and cost risks. Reuters: Palantir faces challenge to remove Anthropic
• Negative Sentiment: Significant insider selling — high-profile sales (including filings for large Thiel/other insider sales) and broader insider activity raise governance and supply concerns that can cap rallies. Benzinga: Peter Thiel sells PLTR stock
• Negative Sentiment: Stretched multiples — PLTR trades with a high P/E reflecting growth expectations; if revenue/guidance disappoints or defense tailwinds fade, multiple compression is a meaningful downside risk. Zacks: Can PLTR rebound?

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Truist Financial started coverage on shares of Palantir Technologies in a research note on Tuesday, January 6th. They set a “buy” rating and a $223.00 target price on the stock. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research note on Monday, February 2nd. DA Davidson dropped their target price on shares of Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating for the company in a report on Tuesday, February 3rd. Cantor Fitzgerald reiterated a “neutral” rating on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Finally, Mizuho upgraded Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 price objective on the stock in a research report on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Palantir Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $192.68.

Palantir Technologies Stock Performance

PLTR stock opened at $153.19 on Thursday. The firm has a market cap of $366.38 billion, a PE ratio of 243.16, a price-to-earnings-growth ratio of 2.83 and a beta of 1.70. The firm has a fifty day moving average price of $156.94 and a 200 day moving average price of $169.14. Palantir Technologies Inc. has a fifty-two week low of $66.12 and a fifty-two week high of $207.52.

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

Insider Activity

In related news, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the sale, the insider owned 592 shares in the company, valued at approximately $79,162.24. This represents a 99.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider David A. Glazer sold 17,438 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was 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 approximately $52,467,716.40. This represents a 4.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,054,279 shares of company stock worth $142,212,233. 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.