Global Trust Wealth Management LLC Takes $916,000 Position in Palantir Technologies Inc. $PLTR

Global Trust Wealth Management LLC purchased a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 5,154 shares of the company’s stock, valued at approximately $916,000.

A number of other large investors have also recently added to or reduced their stakes in PLTR. Bare Financial Services Inc lifted its holdings in Palantir Technologies by 54.5% in 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 during the last quarter. Financial Consulate Inc. acquired a new position in Palantir Technologies in the third quarter valued at approximately $30,000. Flagship Wealth Advisors LLC acquired a new position in Palantir Technologies in the third quarter valued at approximately $32,000. United Financial Planning Group LLC acquired a new position in Palantir Technologies in the third quarter valued at approximately $32,000. Finally, Clayton Financial Group LLC lifted its holdings in Palantir Technologies by 500.0% in the fourth quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock valued at $32,000 after acquiring an additional 150 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

PLTR has been the topic of a number of recent analyst reports. UBS Group upped their price objective on Palantir Technologies from $180.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, March 18th. DA Davidson reaffirmed a “neutral” rating and issued a $180.00 target price on shares of Palantir Technologies in a research report on Thursday, April 16th. Phillip Securities decreased their target price on shares of Palantir Technologies from $208.00 to $190.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Zacks Research cut shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Finally, Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $197.32.

Insider Activity at Palantir Technologies

In other news, insider Shyam Sankar sold 168,004 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the sale, the insider owned 642,786 shares of the company’s stock, 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 the SEC website. Also, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the sale, the insider directly owned 592 shares in the company, valued at $79,162.24. This represents a 99.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,029,879 shares of company stock valued at $137,746,253 over the last ninety days. 12.93% of the stock is owned by insiders.

Palantir Technologies Stock Up 0.1%

NASDAQ:PLTR opened at $145.97 on Wednesday. The stock’s fifty day moving average is $143.91 and its two-hundred day moving average is $164.36. Palantir Technologies Inc. has a 52 week low of $91.35 and a 52 week high of $207.52. The stock has a market capitalization of $349.11 billion, a price-to-earnings ratio of 231.70, a price-to-earnings-growth ratio of 2.81 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 EPS 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 company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the prior year, the firm earned $0.14 earnings per share. The firm’s revenue was up 70.0% compared to the same quarter last year. On average, sell-side analysts expect that Palantir Technologies Inc. will post 1.05 EPS for the current fiscal year.

More Palantir Technologies News

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

• Positive Sentiment: Won a $300 million USDA contract to apply Palantir software to farmland management — a material commercial/government deal that adds predictable revenue and diversifies Palantir’s government-heavy customer mix. Palantir inks $300 million deal with USDA to safeguard food supply
• Positive Sentiment: Secured a sole?source FAA data modernization contract and is a finalist for the SMART AI project — expands foothold in critical U.S. infrastructure and signals multi?year government spending upside. Palantir’s FAA Win And Manifesto Reframe Long Term Government Risk Profile
• Positive Sentiment: Analyst and bull narratives highlight accelerating revenue, strong margins, and potential Pentagon budget tailwinds (plus political endorsements) that support a growth/defense trade thesis. These narratives help justify a premium multiple for now. Palantir Gains Support as Analysts See Strong Growth Ahead
• Neutral Sentiment: Market activity: heavy options interest and call buying keep volatility and sentiment elevated — can amplify moves in either direction. Palantir Stock Still Popular With Call Traders
• Neutral Sentiment: Competitive/market dynamics: Anthropic’s shift to usage-based AI pricing raises long?term pressure on enterprise AI economics and could force Palantir to adapt pricing or product bundling. Anthropic’s pricing shift just raised the stakes for Palantir: Here’s why
• Negative Sentiment: CEO Alex Karp’s 22?point manifesto has drawn intense backlash (UK lawmakers, social media) and political attention — heightening reputational and regulatory risk that could complicate government sales or public perception. Palantir published a mini manifesto calling some cultures ‘harmful and middling’ and said Silicon Valley has ‘a moral debt’ to the U.S.
• Negative Sentiment: Valuation and tax/political scrutiny: opinion pieces warn the stock is overvalued (one calls for an 80% downside), and a public tax debate raises political risk. Elevated P/E and vocal critics can pressure the share price if growth or margins slip. Prediction: Palantir Stock Could Fall 80% Further
• Negative Sentiment: Recent headlines and price volatility: articles noting large YTD drops and tumbling share moves underscore how quickly sentiment can flip on valuation or political headlines. Palantir (PLTR) Stock Tumbles 18% Despite Presidential Endorsement and Stellar Earnings

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.