Centaurus Financial Inc. grew its stake in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 26.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 50,053 shares of the company’s stock after buying an additional 10,515 shares during the quarter. Centaurus Financial Inc.’s holdings in Palantir Technologies were worth $9,131,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of PLTR. Bare Financial Services Inc raised its position in Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after acquiring an additional 55 shares in the last quarter. Delos Wealth Advisors LLC purchased a new stake in Palantir Technologies in the 2nd quarter worth approximately $29,000. Zeit Capital LLC acquired a new stake in shares of Palantir Technologies during the 2nd quarter worth approximately $30,000. Financial Consulate Inc. purchased a new position in shares of Palantir Technologies during the 3rd quarter valued at approximately $30,000. Finally, MTM Investment Management LLC purchased a new position in shares of Palantir Technologies during the 2nd quarter valued at approximately $31,000. 45.65% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Palantir Technologies
In other Palantir Technologies news, insider Jeffrey Buckley sold 1,232 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total transaction of $159,026.56. Following the completion of the sale, the insider directly owned 43,108 shares in the company, valued at approximately $5,564,380.64. The trade was a 2.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $43,738,207.36. Following the transaction, the insider directly owned 592 shares of the company’s stock, valued at $79,162.24. The trade was a 99.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,045,279 shares of company stock worth $140,539,043 in the last quarter. Corporate insiders own 12.93% of the company’s stock.
Palantir Technologies Stock Up 1.5%
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the previous year, the company earned $0.14 earnings per share. The company’s quarterly revenue was up 70.0% on a year-over-year basis. On average, research analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current year.
Palantir Technologies News Roundup
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Major U.S. Navy ShipOS win — Palantir will embed Foundry and its AI Platform across Navy shipbuilding and supplier workflows as part of the ShipOS initiative, a program with authorized funding approaching $500M that could create multiyear, sticky defense revenue streams. Keel Joins Palantir and U.S. Navy in ShipOS Initiative
- Positive Sentiment: Strategic sovereign-AI partnership with NVIDIA — the collaboration packages Palantir software with NVIDIA hardware to deliver “sovereign AI” stacks for governments and enterprises, increasing Palantir’s addressable market in regulated, high‑security use cases. This strengthens its competitive moat for large institutional customers. Palantir’s New Partnership Continues Separating Fact From Fiction
- Positive Sentiment: Execution and customer traction — AIPCon customer showcases (GE Aerospace, Centrus, LG CNS) and recent earnings beat (revenue up ~70% y/y; EPS beat) reinforce the narrative that Palantir is shifting toward high-margin, product-led enterprise software with growing commercial/defense backlogs. Analysts (e.g., Wedbush) are keeping bullish coverage and higher targets. Palantir Maintains Growth Momentum, Analysts Say
- Neutral Sentiment: Short-term market dynamics — positive technical momentum, option flows and coverage in market roundups are amplifying intraday buying and enabling option strategies, but these are trading drivers rather than long-term fundamentals. Option Plays in Palantir Stock
- Neutral Sentiment: Broad defense spending theme — large defense deals (e.g., Army/Anduril contract context) lift sentiment for defense‑tech peers including Palantir, but upside depends on contract ramps and integration execution. U.S. Army Deal Points to Upside for Palantir
- Negative Sentiment: Insider selling and notable share disposals — reports of heavy insider selling in 2026 and a recent filing from co‑founder Peter Thiel have raised governance/flow concerns that can pressure sentiment despite strong top‑line momentum. Palantir insiders have been dumping nearly $6 million PLTR shares per day
- Negative Sentiment: Valuation and bear case remain active — several analysts and commentators flag a steep multiple and argue much growth is already priced in; that makes the stock sensitive to execution slips, slowing commercial adoption, or any negative macro headlines. Palantir Stock Surges 460% in Five Years. Why I’m Bearish
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on the stock. Weiss Ratings downgraded shares of Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 15th. Zacks Research cut shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Rosenblatt Securities initiated coverage on shares of Palantir Technologies in a research report on Friday, February 27th. They issued a “buy” rating and a $150.00 price objective for the company. Loop Capital lowered their target price 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. Finally, Freedom Capital upgraded Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 13th. Two research 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $194.05.
Check Out Our Latest Research Report on Palantir Technologies
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.
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