Palantir Technologies Inc. $PLTR Shares Sold by Entropy Technologies LP

Entropy Technologies LP lessened its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 55.0% in the third quarter, Holdings Channel.com reports. The fund owned 37,887 shares of the company’s stock after selling 46,348 shares during the quarter. Entropy Technologies LP’s holdings in Palantir Technologies were worth $6,911,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bare Financial Services Inc boosted its stake in Palantir Technologies by 54.5% in the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after purchasing an additional 55 shares during the period. Delos Wealth Advisors LLC purchased a new stake in shares of Palantir Technologies during the second quarter worth $29,000. Zeit Capital LLC purchased a new stake in shares of Palantir Technologies during the 2nd quarter worth about $30,000. Financial Consulate Inc. bought a new position in Palantir Technologies during the third quarter valued at approximately $30,000. Finally, MTM Investment Management LLC bought a new position in shares of Palantir Technologies during the 2nd quarter valued at $31,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on PLTR shares. Truist Financial assumed coverage on Palantir Technologies in a report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 target price for the company. Wall Street Zen cut shares of Palantir Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. 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. HSBC raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 target price for the company in a report on Tuesday, February 3rd. Finally, Weiss Ratings downgraded shares of Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, January 15th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $192.68.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Nvidia partnership announced a sovereign-AI OS reference architecture that pairs Palantir software with Nvidia hardware — a potentially large TAM (sovereign AI/datacenter) and catalyst cited by analysts raising estimates. Palantir and NVIDIA Team to Deliver Sovereign AI Operating System Reference Architecture
• Positive Sentiment: Expanded defense/industrial partnerships: GE Aerospace broadened its multi-year Palantir deal to deploy AI across Air Force sustainment and engine production, boosting addressable revenue in defense manufacturing. GE Aerospace Deepens Palantir AI Use In Defense And Factory Operations
• Positive Sentiment: Centrus (uranium enrichment) partnership highlights material near-term cost-savings (~$300M identified) and expands Palantir exposure to critical infrastructure projects. Centrus Partners with Palantir
• Positive Sentiment: DISA authorized Palantir’s PFCS Forward (on‑premises/edge), removing a procurement obstacle for federal/defense deployments and supporting recurring revenue expectations. Palantir Secures DISA Authorization
• Positive Sentiment: Strong fundamentals: recent quarterly results and 2026 outlook (high revenue growth and margin expansion) plus Wall Street support (Truist reiteration, multiple analysts lifting estimates) underpin investor optimism. Palantir’s Profitability Edge Strengthens Its AI Leadership
• Neutral Sentiment: Partnerships with Ondas and World View and other commercial deals (LG CNS, Polymarket) expand industry footprint but are smaller-scale near-term revenue drivers compared with large defense deals. Palantir Partners with Ondas and World View
• Neutral Sentiment: AIPCon customer demonstrations and industry press are raising visibility — useful for sales momentum but incremental until contract awards convert to bookings. Palantir’s AIPCon 9
• Negative Sentiment: Geopolitical/reputational risk: CEO Alex Karp confirmed Palantir tech is being used in the Middle East conflict; this raises political/regulatory scrutiny and potential contract or public backlash. Palantir’s technology gives the West a critical edge in Middle East, CEO Alex Karp says
• Negative Sentiment: Security supply-chain concern: Palantir confirmed continued use of Anthropic’s Claude even after the Pentagon labeled Anthropic a supply‑chain risk — a point of regulatory and customer concern. Palantir is still using Anthropic’s Claude as Pentagon blacklist plays out
• Negative Sentiment: Investor/activist pressure: Michael Burry publicly reiterated bearish views, arguing Palantir may be overpromising on military AI — adds downside risk if it influences other large holders. Michael Burry Says Palantir Has ‘No Real AI Software’ Of Its Own

Insider Buying and Selling

In related news, insider Alexander C. Karp sold 493,025 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the sale, the insider owned 6,432,258 shares of the company’s stock, valued at approximately $860,507,475.24. This trade represents a 7.12% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider David A. Glazer sold 17,438 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $2,331,809.36. Following the transaction, the insider owned 392,370 shares in the company, valued at $52,467,716.40. This trade represents a 4.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,045,279 shares of company stock worth $140,539,043 over the last quarter. Insiders own 9.23% of the company’s stock.

Palantir Technologies Stock Up 1.3%

Shares of PLTR stock opened at $153.50 on Friday. Palantir Technologies Inc. has a 12 month low of $66.12 and a 12 month high of $207.52. The stock has a 50-day moving average price of $153.32 and a 200 day moving average price of $168.80. The firm has a market cap of $367.12 billion, a price-to-earnings ratio of 243.65, a PEG ratio of 3.00 and a beta of 1.70.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. The business 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 was up 70.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.14 earnings per share. Sell-side analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

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.