Palantir Technologies Inc. $PLTR Shares Purchased by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 20.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 21,985 shares of the company’s stock after acquiring an additional 3,717 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Palantir Technologies were worth $3,908,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Bare Financial Services Inc raised its position in shares of Palantir Technologies by 54.5% in the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after buying an additional 55 shares during the period. Financial Consulate Inc. purchased a new stake in Palantir Technologies during the third quarter valued at about $30,000. Retirement Wealth Solutions LLC acquired a new stake in Palantir Technologies during the third quarter worth about $31,000. United Financial Planning Group LLC acquired a new stake in Palantir Technologies during the third quarter worth about $32,000. Finally, Flagship Wealth Advisors LLC purchased a new position in shares of Palantir Technologies in the 3rd quarter worth about $32,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Wall Street Analyst Weigh In

PLTR has been the topic of several research analyst reports. Benchmark started coverage on Palantir Technologies in a research note on Wednesday. They issued a “hold” rating on the stock. Daiwa Securities Group upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price target on the stock in a report on Tuesday, February 10th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Freedom Capital upgraded shares of Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, February 13th. Finally, Argus raised shares of Palantir Technologies to a “hold” rating in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $197.77.

Insider Buying and Selling at Palantir Technologies

In other news, insider Shyam Sankar sold 168,004 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 value of $22,465,494.88. Following the completion of the transaction, the insider directly owned 642,786 shares in the company, valued at approximately $85,953,343.92. This represents a 20.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Alexander C. Karp sold 493,025 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the sale, the insider directly 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. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,029,879 shares of company stock valued at $137,746,253. 9.23% of the stock is owned by company insiders.

Palantir Technologies Stock Performance

PLTR stock opened at $148.46 on Friday. The firm has a market cap of $355.07 billion, a P/E ratio of 235.65, a price-to-earnings-growth ratio of 2.90 and a beta of 1.68. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52. The stock has a 50-day simple moving average of $146.22 and a 200-day simple moving average of $167.89.

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

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Renewed, expanded deal with automaker Stellantis boosts commercial revenue visibility and broadens Foundry/AI Platform deployments across vehicle operations — a tangible, near-term growth catalyst. Why Is Palantir Technologies (PLTR) Stock Rocketing Higher Today
• Positive Sentiment: DoD adoption: Palantir’s Maven AI being formalized as a program of record and new Navy/defense contract wins underline sticky, high-margin government revenue and multi-year visibility. Palantir Technologies (PLTR) Is Down 5.5% After Stellantis, Pentagon Deepen AI Ties
• Positive Sentiment: Strong fundamentals: recent quarters showed ~70% YoY revenue growth and large contract bookings (multi‑billion TCV), supporting bullish longer‑term growth narratives. Palantir Stock Soared Last Year. This Year It’s Down Sharply.
• Neutral Sentiment: Analysts are split: some firms (e.g., Dan Ives / Wedbush, Phillip Securities) remain constructive with high price targets, while others (Benchmark) initiate holds — creating divergent expectations that can amplify volatility. UBS has a message for Palantir investors
• Neutral Sentiment: Valuation debate: some metrics (per one valuation-focused piece) suggest Palantir could be undervalued on a specific ratio, but headline multiples remain very rich and sensitive to growth execution. Is Palantir Actually Undervalued? This Key Metric Says It Is
• Negative Sentiment: Valuation risk: analysts warn Palantir needs sustained 60–70% annual revenue growth to justify current prices — a very high bar that raises downside risk if growth decelerates. Palantir Needs 60%-70% Annual Revenue Growth to Justify Its Price
• Negative Sentiment: Geopolitical/security and reputational risks: reports of an NHS staff boycott over ethical concerns and mentions by Iran-linked groups as potential targets increase legal, contract and public‑opinion risk. NHS staff boycott Palantir’s data platform over ethical concerns Iran Identifies Palantir as a ‘Legitimate Target’ for Threatened Attacks
• Negative Sentiment: High multiples: price/sales and P/E ratios are extreme versus peers, leaving the stock exposed to sentiment-driven selloffs if growth or bookings miss. Palantir (PLTR) Traded at 100+ Price/Sales Ratio

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.