NorthRock Partners LLC Has $9.04 Million Stock Position in Palantir Technologies Inc. $PLTR

NorthRock Partners LLC increased its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 31.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,532 shares of the company’s stock after purchasing an additional 11,750 shares during the quarter. NorthRock Partners LLC’s holdings in Palantir Technologies were worth $9,036,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Decker Retirement Planning Inc. increased its stake in Palantir Technologies by 778.7% in 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 during the period. Vanguard Group Inc. boosted its stake in shares of Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after buying an additional 7,194,216 shares during the period. Prentice Wealth Management LLC purchased a new position in shares of Palantir Technologies during the 3rd quarter valued at $550,000. Watershed Private Wealth LLC grew 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 acquiring an additional 3,350 shares in the last quarter. Finally, GAM Holding AG increased its stake in shares of Palantir Technologies by 39.0% in the third quarter. GAM Holding AG now owns 13,788 shares of the company’s stock worth $2,515,000 after acquiring an additional 3,868 shares during the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Wall Street Zen cut Palantir Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. Phillip Securities began coverage on Palantir Technologies in a research report on Thursday, January 22nd. They issued a “buy” rating and a $208.00 target price on the stock. Mizuho raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 price target for the company in a research note on Wednesday, February 18th. Argus upgraded Palantir Technologies to a “hold” rating in a report on Monday, February 9th. Finally, Cantor Fitzgerald reissued a “neutral” rating on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $192.68.

Insiders Place Their Bets

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction that occurred 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 transaction, the insider owned 592 shares in the company, valued at $79,162.24. This trade represents a 99.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Shyam Sankar sold 168,004 shares of Palantir Technologies 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 $22,465,494.88. Following the completion of the transaction, the insider directly owned 642,786 shares in the company, valued at approximately $85,953,343.92. This represents a 20.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,045,279 shares of company stock worth $140,539,043 in the last three months. 9.23% of the stock is owned by insiders.

Palantir Technologies Price Performance

Palantir Technologies stock opened at $150.95 on Friday. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The company’s fifty day moving average price is $152.99 and its two-hundred day moving average price is $168.75. The company has a market capitalization of $361.02 billion, a price-to-earnings ratio of 239.61, a PEG ratio of 3.04 and a beta of 1.70.

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, topping analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.14 earnings per share. As a group, sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Nvidia partnership: Palantir and Nvidia unveiled a sovereign AI operating‑system reference architecture, positioning Palantir to sell turnkey, government‑grade AI deployments — a clear revenue catalyst and reason analysts raised estimates. Read More.
• Positive Sentiment: Defense & industrial contract wins: GE Aerospace expanded its multi‑year deployment of Palantir AI across sustainment and production; Centrus and LG CNS also announced major partnerships — these customer wins underpin recurring commercial revenue. Read More.
• Positive Sentiment: New strategic alliances broaden addressable market: Palantir partnered with Ondas and World View for multi‑domain intelligence and highlighted customer case studies at AIPCon — supports expansion into aerospace, drones and energy. Read More.
• Positive Sentiment: Financial/operational beat and bullish analyst signal: Coverage notes a recent quarter with revenue beats and big commercial growth; Truist reiterated a Buy with a $223 target — both lend near‑term support. Read More.
• Neutral Sentiment: Wall‑street and media attention: PLTR is getting heavy analyst and retail focus (Zacks, Schwab/YouTube segments) that can amplify moves in either direction depending on flows. Read More.
• Neutral Sentiment: Analyst comparisons: Some outlets compare Palantir vs. other AI/semiconductor plays (Micron, Nvidia) — useful for framing relative valuation but not an immediate stock mover. Read More.
• Negative Sentiment: Valuation concerns after run: Coverage notes PLTR pulled back from record highs and faces steep multiples — that critique is pressuring sentiment and prompting profit‑taking. Read More.
• Negative Sentiment: Profit‑taking / short‑term selling: Analysts and trading outlets attribute today’s decline to profit‑taking after the rally, amplifying volatility. Read More.
• Negative Sentiment: Governance/tech‑credibility attacks: Michael Burry and others publicly question Palantir’s AI IP and military claims, a reputational headwind that can depress multiple and invite activist pressure. Read More.
• Negative Sentiment: Operational/geopolitical risk: Palantir’s tools are tied to Middle East operations; use of Anthropic’s Claude despite a Pentagon blacklist and IRGC threats raise policy and counterparty risk for defense contracts. Read More.
• Negative Sentiment: Media scrutiny on wartime use of Palantir systems could spur regulatory, contract or reputational fallout if incidents escalate. Read More.

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.