Palantir Technologies Inc. $PLTR is McBroom & Associates LLC’s 3rd Largest Position

McBroom & Associates LLC lowered its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 4.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 79,553 shares of the company’s stock after selling 3,488 shares during the period. Palantir Technologies makes up approximately 6.9% of McBroom & Associates LLC’s holdings, making the stock its 3rd biggest position. McBroom & Associates LLC’s holdings in Palantir Technologies were worth $14,141,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Occidental Asset Management LLC raised its holdings in shares of Palantir Technologies by 2.8% during the third quarter. Occidental Asset Management LLC now owns 1,964 shares of the company’s stock valued at $358,000 after purchasing an additional 53 shares during the last quarter. Gallacher Capital Management LLC raised its stake in Palantir Technologies by 2.2% during the 3rd quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company’s stock valued at $447,000 after buying an additional 53 shares during the last quarter. Bare Financial Services Inc lifted its holdings in shares of Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after buying an additional 55 shares during the period. Lionshead Wealth Management LLC lifted its holdings in shares of Palantir Technologies by 0.4% during the 3rd quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock valued at $2,395,000 after buying an additional 56 shares during the period. Finally, Ellenbecker Investment Group boosted its stake in shares of Palantir Technologies by 3.6% in the 3rd quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock worth $295,000 after buying an additional 57 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on PLTR. Freedom Capital raised Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 13th. Piper Sandler reissued an “overweight” rating and issued a $230.00 target price on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Zacks Research downgraded Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. Loop Capital reduced their price target on shares of Palantir Technologies from $230.00 to $220.00 and set a “buy” rating for the company in a research report on Friday, January 30th. Finally, Phillip Securities lowered their price objective on shares of Palantir Technologies from $208.00 to $190.00 and set a “buy” rating on the stock in a research note on Wednesday. One 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $197.77.

Insider Activity

In other Palantir Technologies news, insider David A. Glazer sold 17,438 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at approximately $52,467,716.40. This trade represents a 4.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Alexander C. Karp sold 493,025 shares of Palantir Technologies stock in a transaction that occurred 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 transaction, the insider directly owned 6,432,258 shares in the company, valued at $860,507,475.24. This represents a 7.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,029,879 shares of company stock worth $137,746,253. 9.23% of the stock is currently owned by corporate insiders.

More Palantir Technologies News

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

• Positive Sentiment: Five‑year renewal and expansion with Stellantis reinforces multi‑year commercial revenue and broader Foundry/AIP deployment across an auto giant — a concrete, recurring‑revenue catalyst. Palantir (PLTR) Announces 5‑Year Partnership Expansion with Stellantis
• Positive Sentiment: Defense tailwind: the Pentagon formalizing Maven as a program of record boosts contract visibility and stickiness in the government segment. That underpins revenue durability and margins for PLTR. Assessing Palantir Technologies (PLTR) Valuation After Stellantis Renewal And Pentagon Maven Milestone
• Positive Sentiment: Wall Street momentum: multiple analysts have raised targets (UBS, Piper Sandler, Wedbush among others) and the median 6‑month target sits well above current levels — supporting upside expectations. Palantir Technologies Stock (PLTR) Opinions on Golden Dome Missile Shield
• Positive Sentiment: Strong fundamentals: recent quarterly beats, ~70% y/y revenue growth and large contract bookings (multi‑billion TCV) keep the growth narrative intact. Palantir Stock Soared Last Year. This Year It’s Down Sharply.
• Neutral Sentiment: Valuation debate: metrics diverge — sky‑high P/E vs a PEG near 1 in some analyses, leaving investors split on whether current prices already reflect future growth. Is Palantir (PLTR) Stock Undervalued? The PEG Ratio Reveals a Surprising Answer
• Neutral Sentiment: Market reset vs secular story: commentators and some analysts characterize the recent pullback as a rotation/reset rather than a change in fundamentals — this frames short‑term weakness as a potential buying opportunity for long‑term holders. Palantir’s (PLTR) Selloff Appears More Like a Reset than a Warning
• Negative Sentiment: Large insider selling: extensive reported insider sales (multiple executives and founders) are a red flag for some traders and can sap confidence despite company performance. Palantir Technologies Stock (PLTR) Opinions on Golden Dome Missile Shield
• Negative Sentiment: Geopolitical/security risk: reports that Iran identified Palantir as a possible target raise operational and reputational risk concerns for investors. Iran Identifies Palantir as a ‘Legitimate Target’ for Threatened Attacks
• Negative Sentiment: Ethics and public backlash: NHS staff boycott and similar controversies keep regulatory and reputational risks on the table, which can limit public‑sector expansion in sensitive markets. NHS staff boycott Palantir’s data platform over ethical concerns

Palantir Technologies Stock Performance

Shares of Palantir Technologies stock opened at $148.46 on Friday. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The stock’s fifty day moving average is $145.80 and its 200 day moving average is $167.71. The stock has a market cap of $355.07 billion, a P/E ratio of 235.65, a P/E/G ratio of 2.94 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.02. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.Palantir Technologies’s revenue for the quarter was up 70.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.14 earnings per share. Analysts predict that Palantir Technologies Inc. will post 0.31 EPS 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.