IFG Advisory LLC Has $10.20 Million Position in Palantir Technologies Inc. $PLTR

IFG Advisory LLC cut its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 15.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,925 shares of the company’s stock after selling 10,197 shares during the quarter. IFG Advisory LLC’s holdings in Palantir Technologies were worth $10,202,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bare Financial Services Inc grew its stake in shares of Palantir Technologies by 54.5% during 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 during the last quarter. Financial Consulate Inc. bought a new stake in Palantir Technologies during the 3rd quarter worth $30,000. Retirement Wealth Solutions LLC acquired a new position in Palantir Technologies in the 3rd quarter worth about $31,000. Flagship Wealth Advisors LLC bought a new position in Palantir Technologies in the third quarter valued at about $32,000. Finally, Marquette Asset Management LLC bought a new position in Palantir Technologies in the third quarter valued at about $34,000. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies News Summary

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

• Positive Sentiment: Geopolitical / defense demand lift: Increased U.S.-Iran hostilities have pushed defense software and AI demand higher, and traders are buying PLTR as a direct beneficiary of that shift. Read More.
• Positive Sentiment: Analyst upgrades and higher targets: Rosenblatt and other firms have raised price targets and reiterated buy ratings (Rosenblatt to $200), which supports bullish flow and gives momentum to the rally. Read More.
• Positive Sentiment: Strong fundamentals / commercial AI traction: Recent results (70% y/y revenue growth) and reports that Foundry and Gotham are accelerating enterprise AI adoption underpin the narrative that Palantir’s growth is durable beyond government work. Read More.
• Neutral Sentiment: Valuation and rotation debate: Coverage is split on whether PLTR or larger AI names (e.g., NVIDIA) offer better risk/reward — Palantir’s premium multiple is drawing scrutiny even as some see it as a defense-tilt play. Read More.
• Neutral Sentiment: Investor narratives / long-term bulls weigh in: Several opinion pieces and stock-picking outlets reiterate Palantir as a strategic AI-in-defense investment, helping sentiment but not changing fundamentals immediately. Read More.
• Negative Sentiment: Anthropic fallout: The Pentagon’s ban on Anthropic forces Palantir to unwind or rebuild parts of its Maven Smart Systems where Claude was embedded — a potentially costly, time‑sensitive integration risk for key defense contracts. Read More.
• Negative Sentiment: Insider selling / founder liquidity: Reports that Peter Thiel and other insiders have taken large proceeds are feeding concerns about insider selling and governance optics that can weigh on sentiment longer term. Read More.
• Negative Sentiment: Reputational/regulatory risk: An FT report on an NHS official advising Palantir while pushing to add patient data raises governance and procurement scrutiny that could hurt healthcare expansion efforts. Read More.

Insider Activity

In other news, insider David A. Glazer sold 17,438 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 $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 position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Alexander C. Karp sold 493,025 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the completion of the sale, the insider owned 6,432,258 shares of the company’s stock, valued at $860,507,475.24. This represents a 7.12% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,054,279 shares of company stock worth $142,212,233. Company insiders own 9.23% of the company’s stock.

Palantir Technologies Stock Up 4.1%

Shares of NASDAQ PLTR opened at $153.19 on Thursday. The company has a market capitalization of $366.38 billion, a PE ratio of 243.16, a P/E/G ratio of 2.83 and a beta of 1.70. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52. The firm has a fifty day simple moving average of $156.94 and a 200 day simple moving average of $169.14.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PLTR. HSBC upgraded 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. Argus upgraded shares of Palantir Technologies to a “hold” rating in a research report on Monday, February 9th. Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price target for the company in a research note on Tuesday, February 3rd. Cantor Fitzgerald reissued a “neutral” rating on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Finally, Truist Financial assumed coverage on Palantir Technologies in a research report on Tuesday, January 6th. They set a “buy” rating and a $223.00 target price for the company. Two 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $192.68.

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.