Sentinel Trust Co. LBA Reduces Stock Holdings in Palantir Technologies Inc. $PLTR

Sentinel Trust Co. LBA trimmed its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 9.7% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 293,841 shares of the company’s stock after selling 31,600 shares during the period. Palantir Technologies comprises 5.5% of Sentinel Trust Co. LBA’s investment portfolio, making the stock its 4th biggest position. Sentinel Trust Co. LBA’s holdings in Palantir Technologies were worth $53,602,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of PLTR. Briaud Financial Planning Inc bought a new position in Palantir Technologies in the 2nd quarter valued at $27,000. LFA Lugano Financial Advisors SA bought a new stake in shares of Palantir Technologies during the 2nd quarter worth $27,000. Frazier Financial Advisors LLC purchased a new position in shares of Palantir Technologies in the 2nd quarter worth about $28,000. Delos Wealth Advisors LLC purchased a new position in shares of Palantir Technologies in the 2nd quarter worth about $29,000. Finally, Zeit Capital LLC bought a new position in Palantir Technologies during the second quarter valued at about $30,000. Institutional investors own 45.65% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on PLTR shares. Loop Capital reduced their target price 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. Jefferies Financial Group set a $208.00 price objective on Palantir Technologies in a report on Thursday, January 22nd. Truist Financial began coverage on Palantir Technologies in a research report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 target price for the company. Robert W. Baird boosted their target price on Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Finally, The Goldman Sachs Group increased their price target on Palantir Technologies from $141.00 to $188.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Palantir Technologies currently has a consensus rating of “Hold” and an average price target of $185.89.

Palantir Technologies Stock Performance

Shares of PLTR opened at $146.59 on Friday. Palantir Technologies Inc. has a 52-week low of $66.12 and a 52-week high of $207.52. The stock’s 50-day simple moving average is $176.13 and its 200 day simple moving average is $173.58. The stock has a market capitalization of $349.39 billion, a price-to-earnings ratio of 349.03, a price-to-earnings-growth ratio of 3.82 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.04. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the prior year, the business posted $0.10 earnings per share. The company’s revenue was up 62.8% on a year-over-year basis. On average, research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Key Palantir Technologies News

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

• Positive Sentiment: Commercial traction and partnerships remain a tailwind — Palantir continues to win commercial deals and expands AIP deployments; a visible example is the Innodata data/annotation deal that supports Palantir’s AI platform and signals ongoing enterprise adoption. Innodata Selected by Palantir
• Positive Sentiment: Earnings expectations are high but supportive of the story — analysts and previews expect strong Q4 revenue growth (consensus and previews cite roughly ~60%+ YoY revenue growth and rising EPS), which could validate the AI-driven growth thesis if results beat. Zacks Q4 Preview
• Neutral Sentiment: Options and implied volatility point to a big move — the options market is pricing for a double?digit swing around earnings, meaning elevated risk/reward for short?term traders but not necessarily a directional signal. Investopedia on implied move
• Neutral Sentiment: Founder comments and media chatter (e.g., on Elon?linked corporate moves) are getting airtime but are unlikely to be material to near?term fundamentals; monitor for headlines but prioritize earnings and contract updates. Fox interview
• Negative Sentiment: Broader software/AI sector selloff is pressuring PLTR — sector weakness is amplifying outflows from richly valued AI names and contributing to today’s decline. Benzinga on software rout
• Negative Sentiment: Reputational and political risk (ICE contracts) is resurfacing — renewed headlines about government work can sap sentiment, potentially slowing federal contract momentum or triggering short?term selling. MarketBeat reality check
• Negative Sentiment: Technical damage: PLTR broke key supports (200?day MA and the $150 area) and formed bearish patterns; higher volume on the pullback suggests profit?taking and raises the odds of further near?term downside if earnings disappoint. Benzinga technicals
• Negative Sentiment: Valuation remains a double?edged sword — PLTR trades at a very high multiple (P/E elevated vs. peers), so even a good print that falls short of lofty expectations could trigger outsized selling; some analysts even flag deep downside scenarios. Analyst warning

Insiders Place Their Bets

In other Palantir Technologies news, Director Lauren Elaina Friedman Stat sold 3,400 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $181.35, for a total value of $616,590.00. Following the completion of the transaction, the director directly owned 58,687 shares of the company’s stock, valued at $10,642,887.45. This trade represents a 5.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Jeffrey Buckley sold 1,252 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $157.50, for a total transaction of $197,190.00. Following the transaction, the insider owned 47,044 shares of the company’s stock, valued at $7,409,430. This trade represents a 2.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 1,023,444 shares of company stock worth $167,394,629. Company insiders own 9.23% of the company’s stock.

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.