Oak Thistle LLC Raises Stock Position in Palantir Technologies Inc. $PLTR

Oak Thistle LLC lifted its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 1,303.3% during the 4th quarter, Holdings Channel reports. The firm owned 108,420 shares of the company’s stock after acquiring an additional 100,694 shares during the period. Palantir Technologies comprises about 2.7% of Oak Thistle LLC’s holdings, making the stock its biggest holding. Oak Thistle LLC’s holdings in Palantir Technologies were worth $19,272,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in PLTR. Decker Retirement Planning Inc. boosted its holdings in shares of Palantir Technologies by 778.7% during the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock valued at $11,187,000 after buying an additional 54,347 shares in the last quarter. 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 boosted its holdings 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. GAM Holding AG boosted its holdings in shares of Palantir Technologies by 39.0% during the 3rd quarter. GAM Holding AG now owns 13,788 shares of the company’s stock valued at $2,515,000 after buying an additional 3,868 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC boosted its holdings in shares of Palantir Technologies by 26.4% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 58,548 shares of the company’s stock valued at $10,680,000 after buying an additional 12,229 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

Insider Buying and Selling

In related news, insider Shyam Sankar sold 168,004 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $22,465,494.88. Following the transaction, the insider owned 642,786 shares in the company, valued at $85,953,343.92. The trade was a 20.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Ryan D. Taylor sold 19,988 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,672,795.36. Following the completion of the transaction, the insider owned 219,421 shares in the company, valued at approximately $29,340,976.12. The trade was a 8.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,029,879 shares of company stock worth $137,746,253 over the last quarter. 12.93% of the stock is owned by insiders.

More Palantir Technologies News

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

• Positive Sentiment: Q4 results and guidance underline fast growth: Palantir reported $1.41B revenue (+70% YoY), U.S. commercial revenue up 137% and record total contract value, plus strong profitability and cash with no debt — data that supports the bull case for continued enterprise AI adoption. MarketBeat: Palantir Faces Skepticism Despite Strong Growth
• Positive Sentiment: Analysts and outlets are raising forward earnings and positioning Palantir as an AI platform leader; UBS and other analysts highlight the company’s ontology/AIP moat that converts enterprise data into actionable AI — a structural advantage for large deals. Fool: The 2 Best AI Stocks to Buy Now
• Positive Sentiment: Defense momentum: Palantir’s Maven program designation and analyst calls (Wedbush, others) position it as a first-mover in defense AI, supporting durable government contract revenue. 247wallst: Wedbush on Defense AI
• Neutral Sentiment: Market commentary and trending coverage note recent share moves and broad tech rotation headwinds; some articles simply report intra-day gains or volatility without new fundamental information. Yahoo Finance: PLTR Laps the Market
• Negative Sentiment: Valuation and concentration risk: Benchmark initiated a Hold with a $150 target and several outlets warn PLTR trades at a premium that leaves little room for error — any slowdown or failure to scale AIP pilots into large repeatable contracts could trigger sharp downside. MarketBeat: Benchmark Hold
• Negative Sentiment: Reputational/ethical risk in the UK: NHS staff groups and public scrutiny over defense and health-data work have prompted boycott talk, creating potential headwinds for adoption in sensitive public-sector markets. Yahoo Finance: Palantir Faces UK Boycott
• Negative Sentiment: Bear arguments persist: high-profile short views (and predictions of large downside) plus concerns about stock-based compensation and dilution keep downside risk elevated if growth or margins slip. Fool: Bear Prediction

Palantir Technologies Price Performance

Shares of Palantir Technologies stock opened at $150.07 on Wednesday. The stock has a market cap of $358.92 billion, a price-to-earnings ratio of 238.21, a PEG ratio of 2.94 and a beta of 1.68. The firm’s 50-day moving average is $145.10 and its 200 day moving average is $167.28. Palantir Technologies Inc. has a 1 year low of $75.22 and a 1 year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion for 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%. Palantir Technologies’s revenue was up 70.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.14 EPS. On average, equities analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Citigroup boosted their target price on shares of Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. Phillip Securities dropped their target price on shares of Palantir Technologies from $208.00 to $190.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Northland Securities raised Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a research report on Tuesday, February 3rd. Jefferies Financial Group set a $208.00 price objective on Palantir Technologies in a research report on Thursday, January 22nd. Finally, Freedom Capital raised Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $197.77.

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.