Farmers Trust Co. Sells 6,530 Shares of Palantir Technologies Inc. $PLTR

Farmers Trust Co. trimmed its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 10.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,559 shares of the company’s stock after selling 6,530 shares during the period. Palantir Technologies accounts for approximately 1.6% of Farmers Trust Co.’s holdings, making the stock its 12th largest position. Farmers Trust Co.’s holdings in Palantir Technologies were worth $9,876,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Unique Wealth LLC lifted its stake in shares of Palantir Technologies by 8.3% in the 4th quarter. Unique Wealth LLC now owns 2,376 shares of the company’s stock valued at $422,000 after purchasing an additional 182 shares during the last quarter. Investors Research Corp raised its holdings in Palantir Technologies by 50.0% during the fourth quarter. Investors Research Corp now owns 225 shares of the company’s stock valued at $40,000 after buying an additional 75 shares in the last quarter. Coastline Trust Co lifted its position in shares of Palantir Technologies by 1.8% in the fourth quarter. Coastline Trust Co now owns 19,256 shares of the company’s stock worth $3,423,000 after buying an additional 348 shares during the last quarter. Miller Global Investments LLC acquired a new stake in shares of Palantir Technologies in the fourth quarter worth about $40,000. Finally, Legacy Wealth Management LLC MS boosted its stake in shares of Palantir Technologies by 1.2% during the 4th quarter. Legacy Wealth Management LLC MS now owns 34,580 shares of the company’s stock worth $6,147,000 after acquiring an additional 420 shares in the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies News Summary

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

• Positive Sentiment: Mizuho reiterated an Outperform and kept a $195 price target after an executive meeting, signaling continued buy-side confidence from a sell‑side check-in. Palantir Gains as Mizuho Reiterates Outperform
• Positive Sentiment: UBS raised its price target to $200 (Buy), and other firms (Wedbush) have reiterated Outperform ratings — analyst upgrades/target hikes lift sentiment and provide near‑term demand. UBS raises PLTR price target
• Positive Sentiment: NVIDIA partnership on a sovereign‑AI reference architecture positions Palantir at the center of a high‑value government/commercial AI stack and increases TAM visibility. Nvidia and Palantir Are Partnering on Sovereign AI
• Positive Sentiment: Expanded partnerships with GE Aerospace and Ondas/World View deepen defense use‑cases (sustainment, ISR) and support Palantir’s large government pipeline. GE expanded Palantir AI deal
• Positive Sentiment: Big backlog and contract wins (including the $10B+ Army-related deal and an $11.2B revenue backlog cited by analysts) bolster forward revenue visibility and justify premium multiples. Palantir Has an $11.2 Billion Revenue Backlog
• Positive Sentiment: Commercial expansion: a new strategic partnership with Moder to build an AI mortgage operations platform highlights non‑government growth avenues. Palantir and Moder Partner to Transform Mortgage Industry
• Neutral Sentiment: Market commentary notes PLTR and peers “cooling off” YTD but keeps a constructive medium‑term outlook — could be a buying opportunity or a consolidation signal. NVIDIA and Palantir Cool Off in 2026
• Neutral Sentiment: Palantir appears in thematic ETF/fund narratives (ARKK coverage) and option‑flow stories — supportive for liquidity but not a binary catalyst. PLTR in ARKK / market commentary
• Negative Sentiment: High‑profile skeptics (Michael Burry) and recurring valuation concerns keep downside risk present; negative publicity or renewed short interest can weigh on momentum. Michael Burry Rails Against the Media Over Palantir Coverage
• Negative Sentiment: Some analysts and pieces argue “good company, bad bet” given lofty multiples — if growth expectations slip, multiple compression could trigger a pullback. Palantir At $150: Good Company, Bad Bet

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Zacks Research lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a report on Tuesday, February 3rd. Robert W. Baird upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price on the stock in a report on Tuesday, February 3rd. Truist Financial initiated coverage on shares of Palantir Technologies in a report on Tuesday, January 6th. They set a “buy” rating and a $223.00 price target for the company. Finally, William Blair raised Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday, February 2nd. 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 issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $196.32.

Palantir Technologies Trading Up 1.9%

NASDAQ PLTR opened at $155.68 on Friday. The firm has a market capitalization of $372.34 billion, a PE ratio of 247.12, a price-to-earnings-growth ratio of 3.03 and a beta of 1.70. The business’s 50-day moving average price is $151.07 and its two-hundred day moving average price is $168.64. Palantir Technologies Inc. has a 12 month low of $66.12 and a 12 month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating 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 the consensus estimate of $1.34 billion. During the same quarter in the prior year, the firm posted $0.14 EPS. The company’s revenue for the quarter was up 70.0% compared to the same quarter last year. As a group, analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider David A. Glazer sold 17,438 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the sale, the insider owned 392,370 shares of the company’s stock, valued at approximately $52,467,716.40. This represents a 4.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Alexander C. Karp sold 493,025 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.78, for a total value 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. The trade was a 7.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,045,279 shares of company stock valued at $140,539,043 over the last three months. 9.23% of the stock is currently owned by corporate insiders.

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.