Palantir Technologies Inc. $PLTR Shares Sold by Wedbush Securities Inc.

Wedbush Securities Inc. reduced its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 21.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 164,204 shares of the company’s stock after selling 43,950 shares during the period. Palantir Technologies accounts for about 1.0% of Wedbush Securities Inc.’s holdings, making the stock its 14th largest holding. Wedbush Securities Inc.’s holdings in Palantir Technologies were worth $29,954,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Briaud Financial Planning Inc purchased a new stake in shares of Palantir Technologies in the 2nd quarter worth about $27,000. LFA Lugano Financial Advisors SA acquired a new position in Palantir Technologies during the second quarter worth about $27,000. Delos Wealth Advisors LLC acquired a new position in Palantir Technologies during the second quarter worth about $29,000. Zeit Capital LLC purchased a new stake in shares of Palantir Technologies in the second quarter valued at about $30,000. Finally, Financial Consulate Inc. purchased a new stake in shares of Palantir Technologies in the third quarter valued at about $30,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Palantir Technologies news, insider David A. Glazer sold 9,000 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $185.91, for a total transaction of $1,673,190.00. Following the completion of the sale, the insider directly owned 413,639 shares in the company, valued at $76,899,626.49. This represents a 2.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Jeffrey Buckley sold 1,252 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $157.50, for a total value of $197,190.00. Following the completion of the transaction, the insider owned 47,044 shares in the company, valued at approximately $7,409,430. This trade represents a 2.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,023,844 shares of company stock valued at $167,455,085 in the last 90 days. 9.23% of the stock is owned by corporate insiders.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: DISA authorization expands PFCS Forward to on‑premises and edge IL5/IL6 deployments — strengthens Palantir’s ability to win sensitive defense and intelligence contracts and makes its stack (Apollo, Gotham, Foundry, AIP, Rubix) deployable in more classified environments. Read More.
• Positive Sentiment: Daiwa upgraded PLTR to Buy (citing Q4 results and AI deal momentum) — an influential upgrade that reassures investors about commercial AI growth prospects even as some price targets were trimmed. Read More.
• Positive Sentiment: Large institutional interest: reports the world’s biggest sovereign wealth fund added a multibillion-dollar stake — a strong credibility signal that can support longer‑term demand for the shares. Read More.
• Positive Sentiment: Commercial traction: multi‑year extension with Airbus expands Palantir’s presence in aviation and highlights cross‑sell potential in large enterprise programs. Read More.
• Neutral Sentiment: Strong Q4/earnings momentum underpins the narrative (revenue growth, margin expansion), but some analysts warn much of that strength may already be priced into the stock. Read More.
• Neutral Sentiment: Positive analyst and trade pieces highlight Palantir as an AI/defense compounder, yet they often note valuation risks versus peers. Read More.
• Negative Sentiment: High-profile bear case: Michael Burry has publicly flagged an ultra‑bear thesis on PLTR, which can amplify volatility and investor nervousness. Read More.
• Negative Sentiment: Insider selling continues (reported >$9M sold in 2026) — creates optics risk and gives traders reasons to take profits after the rally. Read More.
• Negative Sentiment: Near-term volatility: stock slid sharply in recent sessions (one report noted a ~20% move) as sector pressure and profit‑taking offset positive headlines. Read More.

Wall Street Analysts Forecast Growth

PLTR has been the subject of a number of recent research reports. Jefferies Financial Group set a $208.00 price objective on shares of Palantir Technologies in a research note on Thursday, January 22nd. Piper Sandler reissued an “overweight” rating and issued a $230.00 price target on shares of Palantir Technologies in a report on Tuesday, February 3rd. Northland Securities upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research report on Tuesday, February 3rd. DA Davidson dropped their price objective on Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating for the company in a research report on Tuesday, February 3rd. Finally, The Goldman Sachs Group cut their target price on shares of Palantir Technologies from $188.00 to $182.00 in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Palantir Technologies has a consensus rating of “Hold” and a consensus price target of $191.05.

Palantir Technologies Stock Performance

Shares of PLTR stock opened at $135.68 on Thursday. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The company has a 50 day moving average price of $171.91 and a 200 day moving average price of $172.90. The firm has a market capitalization of $323.38 billion, a price-to-earnings ratio of 215.37, a price-to-earnings-growth ratio of 2.68 and a beta of 1.64.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates 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 for the quarter was up 70.0% on a year-over-year basis. During the same quarter last year, the business earned $0.14 EPS. As a group, equities analysts forecast that Palantir Technologies Inc. will post 0.31 EPS 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.