Whittier Trust Co. of Nevada Inc. Has $12.11 Million Holdings in Palantir Technologies Inc. $PLTR

by · The Cerbat Gem

Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTRFree Report) by 72.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 67,403 shares of the company’s stock after buying an additional 28,256 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Palantir Technologies were worth $12,113,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of PLTR. Bare Financial Services Inc boosted its stake in shares of Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after acquiring an additional 55 shares in the last quarter. Financial Consulate Inc. bought a new position in shares of Palantir Technologies in the 3rd quarter valued at approximately $30,000. Retirement Wealth Solutions LLC acquired a new stake in Palantir Technologies in the 3rd quarter worth approximately $31,000. Flagship Wealth Advisors LLC acquired a new stake in Palantir Technologies in the 3rd quarter worth approximately $32,000. Finally, United Financial Planning Group LLC bought a new stake in Palantir Technologies during the third quarter worth approximately $32,000. 45.65% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider David A. Glazer sold 17,438 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the sale, the insider directly owned 392,370 shares of the company’s stock, valued at $52,467,716.40. This trade represents a 4.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Alexander C. Karp sold 493,025 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.78, for a total value of $65,956,884.50. Following the transaction, the insider owned 6,432,258 shares in the company, valued at $860,507,475.24. This represents a 7.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,029,879 shares of company stock worth $137,746,253. 9.23% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on PLTR shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $200.00 price target on shares of Palantir Technologies in a report on Tuesday, February 3rd. Daiwa Securities Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a report on Tuesday, February 10th. The Goldman Sachs Group lowered their target price on shares of Palantir Technologies from $188.00 to $182.00 in a research note on Tuesday, February 3rd. UBS Group lifted their target price on shares of Palantir Technologies from $180.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, March 18th. Finally, Mizuho cut their target price on shares of Palantir Technologies from $195.00 to $185.00 and set an “outperform” rating for the company in a research report on Tuesday. One investment 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $197.32.

Get Our Latest Stock Report on Palantir Technologies

Key Palantir Technologies News

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

  • Positive Sentiment: Strong AI/commercial traction — coverage highlights Palantir’s AIP and rapid U.S. commercial growth (big revenue beat and guidance tailwinds) that underpin the long‑term bull case for PLTR. Read More.
  • Positive Sentiment: Political/contract tailwinds — praise from the White House / presidential social posts is renewing attention on Palantir’s role in defense and government programs, which can accelerate large, sticky contract flows. Read More.
  • Neutral Sentiment: Analyst positioning mixed but constructive — DA Davidson reaffirmed a neutral rating with a $180 target (meaning meaningful upside from current levels), reflecting their view that fundamentals are solid but valuation is stretched. Read More.
  • Neutral Sentiment: Technicals and short‑term momentum noted — several pieces flag a possible technical breakout area after a multi‑month correction, signaling that traders are watching levels rather than fundamentals alone. Read More.
  • Negative Sentiment: Big headline drops and “buy the dip” debate — multiple outlets report a 30–35% pullback from peaks and question whether the stock is still priced for perfection, prompting profit‑taking and defensive positioning. Read More.
  • Negative Sentiment: Bear case amplified by shorts and pundits — 247WallStreet and others lay out shorting arguments and comparisons to Intuit; prominent bears (e.g., Michael Burry) argue competition from Anthropic and valuation make PLTR vulnerable. Read More.
  • Negative Sentiment: Competition and execution risk spotlighted — analysis pieces warn that intensifying AI competition and the challenge of scaling AIP pilots into large, repeatable deals are key downside catalysts investors are watching. Read More.

Palantir Technologies Stock Up 0.4%

Shares of NASDAQ PLTR opened at $142.76 on Friday. Palantir Technologies Inc. has a 12 month low of $89.31 and a 12 month high of $207.52. The company has a market cap of $341.44 billion, a P/E ratio of 226.61, a P/E/G ratio of 2.82 and a beta of 1.68. The business’s 50 day moving average is $143.51 and its two-hundred day moving average is $165.33.

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

About Palantir Technologies

(Free Report)

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.

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