Cyr Financial Inc. Buys New Holdings in Palantir Technologies Inc. $PLTR

Cyr Financial Inc. purchased a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 6,336 shares of the company’s stock, valued at approximately $1,126,000. Palantir Technologies accounts for 0.7% of Cyr Financial Inc.’s holdings, making the stock its 28th largest position.

A number of other institutional investors have also recently bought and sold shares of PLTR. Decker Retirement Planning Inc. lifted its holdings in Palantir Technologies by 778.7% during the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock valued at $11,187,000 after purchasing an additional 54,347 shares during the last quarter. Prentice Wealth Management LLC acquired a new position in shares of Palantir Technologies in the third quarter valued at $550,000. Watershed Private Wealth LLC increased its holdings in shares of Palantir Technologies by 75.3% in the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock valued at $1,423,000 after purchasing an additional 3,350 shares during the last quarter. GAM Holding AG raised its position 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 valued at $2,515,000 after purchasing an additional 3,868 shares during the period. Finally, GPS Wealth Strategies Group LLC lifted its stake in shares of Palantir Technologies by 26.4% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 58,548 shares of the company’s stock worth $10,680,000 after buying an additional 12,229 shares during the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on PLTR shares. Zacks Research downgraded shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Rosenblatt Securities restated a “buy” rating and set a $200.00 price objective on shares of Palantir Technologies in a research report on Wednesday, March 25th. UBS Group boosted their price objective on Palantir Technologies from $180.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, March 18th. Piper Sandler reaffirmed an “overweight” rating and issued a $230.00 target price on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Finally, The Goldman Sachs Group dropped their price target on Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $197.77.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Renewed, expanded partnership with automaker Stellantis — management confirmed a multi‑year roll‑out of Palantir AI and data tools across the business, a cited catalyst for the intraday rally. Article Title
• Positive Sentiment: Big analyst bullishness: Dan Ives (Wedbush) raised his price target to $230, highlighting Palantir as a key AI software name — this upgrade adds upside narrative for growth-focused investors. Article Title
• Positive Sentiment: Defense/government wins: the U.S. Department of Defense designated Palantir’s Maven (Maven Smart System) as a program of record and the company secured a Navy contract — strengthens recurring-government revenue thesis and technical moat. Article Title
• Neutral Sentiment: Mixed analyst actions: Phillip Securities trimmed its price target to $190 but kept a Buy, while Benchmark initiated coverage with a Hold — these are neither outright bearish nor strongly bullish and keep consensus views varied. Article Title
• Neutral Sentiment: Institutional moves and coverage chatter: small stake sales reported (Century Legend) and ongoing coverage debates (Mizuho reaffirmations, sector comparisons) keep headlines busy but not decisively directional. Article Title
• Negative Sentiment: Valuation concerns intensify: multiple outlets note Palantir trades at extremely rich multiples (P/S north of 100 in some screens, very high P/E) and that the stock requires sustained 60%–70% annual revenue growth to justify current levels — a high bar that raises downside risk if growth slows. Article Title
• Negative Sentiment: Critics and short interest remain vocal: high-profile skeptics (mentions of Michael Burry and valuation bears) plus commentary that the stock is “priced for perfection” cap how much multiple expansion is reasonable without flawless execution. Article Title

Insider Buying and Selling at Palantir Technologies

In related news, insider Jeffrey Buckley sold 1,232 shares of the 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 sale, the insider owned 43,108 shares of the company’s stock, valued at $5,564,380.64. This represents a 2.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Alexander C. Karp sold 493,025 shares of the firm’s stock in a transaction on 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 transaction, the insider owned 6,432,258 shares in the company, valued at approximately $860,507,475.24. This trade represents a 7.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,045,279 shares of company stock valued at $140,539,043 over the last ninety days. 9.23% of the stock is owned by corporate insiders.

Palantir Technologies Stock Up 0.1%

NASDAQ PLTR opened at $146.49 on Thursday. The company has a market capitalization of $350.36 billion, a P/E ratio of 232.53, a P/E/G ratio of 2.90 and a beta of 1.67. Palantir Technologies Inc. has a 12-month low of $66.12 and a 12-month high of $207.52. The firm has a 50-day moving average price of $146.57 and a two-hundred day moving average price of $168.03.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (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 firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the prior year, the business posted $0.14 EPS. The business’s revenue was up 70.0% compared to the same quarter last year. Equities analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Palantir Technologies Company 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.