Palantir Technologies Inc. $PLTR Stock Holdings Lowered by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC lessened its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 7.1% during the third quarter, Holdings Channel reports. The fund owned 167,391 shares of the company’s stock after selling 12,883 shares during the quarter. Palantir Technologies comprises approximately 1.2% of EverSource Wealth Advisors LLC’s investment portfolio, making the stock its 15th largest position. EverSource Wealth Advisors LLC’s holdings in Palantir Technologies were worth $30,536,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LFA Lugano Financial Advisors SA bought a new stake in shares of Palantir Technologies during the second quarter valued at approximately $27,000. Delos Wealth Advisors LLC acquired a new stake in Palantir Technologies in the 2nd quarter valued at approximately $29,000. Zeit Capital LLC bought a new stake in Palantir Technologies during the 2nd quarter valued at $30,000. Financial Consulate Inc. bought a new stake in Palantir Technologies during the 3rd quarter valued at $30,000. Finally, GS Investments Inc. acquired a new position in Palantir Technologies during the 2nd quarter worth $31,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: DISA granted Palantir’s PFCS Forward Impact Level 6 provisional authorization — opens the DoD’s highest-security deployments (on‑premises and edge), expanding Palantir’s addressable market in mission‑critical defense workloads. Palantir Just Opened a New DoD Door—What Changes Now?
• Positive Sentiment: Large federal and commercial traction: Palantir signed a reported ~$1B software agreement with DHS and announced a Rackspace partnership to accelerate Foundry and AIP deployments for regulated industries — both support near‑term revenue visibility and commercial distribution. Palantir’s DHS Deal And Rackspace Tie Up Contrast With European Pushback
• Positive Sentiment: Some analysts and firms are turning more positive after the pullback — upgrades and re‑ratings (and bullish analyst commentary) argue the stock is de‑risked relative to recent multiples, supporting a constructive mid‑term view. Palantir (PLTR) Called a “Category of One” as Analysts Upgrade the Stock
• Neutral Sentiment: Options/hedging activity shows traders are positioning for volatility — pieces highlighting put strategies or married‑put spreads reflect investor caution but also provide tactical trade ideas. Play the ‘SaaS Apocalypse’ Selloff in Palantir Stock With This 1 Winning, Protective Options Trade
• Neutral Sentiment: Broader tech/AI selloff and upcoming AI earnings cadence are pressuring AI‑levered names — sector dynamics (Nvidia, Snowflake, Salesforce earnings) are amplifying PLTR moves independent of company‑specific news. AI Stocks Hit Reset. Will Nvidia, Snowflake, CoreWeave, Salesforce Earnings Decide What’s Next?
• Negative Sentiment: Governance and public criticism are weighing on sentiment — coverage calling out governance questions and investor criticisms (including high‑profile skeptics) is amplifying downside pressure amid the market pullback. Stock Market Today, Feb. 23: Palantir Falls as Market Pullback and Governance Questions Weigh
• Negative Sentiment: High‑profile bearish commentary (Michael Burry) and skeptical research pieces keep headline risk elevated — criticism of leadership spending and public legal fights in Europe can sustain volatility. Michael Burry Sounds Alarm On Palantir, Flags CEO Alex Karp’s ‘Elevated’ $17.2 Million Private Jet Tab
• Negative Sentiment: Price action: PLTR has pulled back sharply from late‑2025 highs and several bearish commentaries argue valuation and momentum remain concerns, which encourages further selling on weak market days. Why is Palantir stock down 37% from its peak: is worst over for PLTR?

Insiders Place Their Bets

In related news, insider David A. Glazer sold 9,000 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $185.91, for a total value of $1,673,190.00. Following the transaction, the insider owned 413,639 shares in the company, valued at approximately $76,899,626.49. This represents a 2.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Ryan D. Taylor sold 12,000 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the transaction, the insider owned 239,409 shares in the company, valued at approximately $43,416,822.15. This trade represents a 4.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 24,800 shares of company stock valued at $4,526,436 in the last three months. Insiders own 12.93% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on PLTR. Citigroup increased their target price on shares of Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a research report on Tuesday, February 3rd. Loop Capital lowered their price objective on shares of Palantir Technologies from $230.00 to $220.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $200.00 target price on shares of Palantir Technologies in a report on Tuesday, February 3rd. Daiwa Securities Group upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price target on the stock in a research report on Tuesday, February 10th. Finally, Cantor Fitzgerald restated a “neutral” rating on shares of Palantir Technologies in a report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $191.05.

Palantir Technologies Price Performance

Shares of PLTR opened at $130.60 on Tuesday. 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 of $163.83 and a two-hundred day moving average of $171.16. The stock has a market cap of $311.28 billion, a price-to-earnings ratio of 207.30, a PEG ratio of 2.60 and a beta of 1.64.

Palantir Technologies (NASDAQ:PLTR) last issued its earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter last year, the firm posted $0.14 earnings per share. Palantir Technologies’s revenue was up 70.0% compared to the same quarter last year. Analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

About Palantir Technologies

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.