Sigma Planning Corp Trims Holdings in Palantir Technologies Inc. $PLTR

Sigma Planning Corp lowered its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 12.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 105,534 shares of the company’s stock after selling 15,319 shares during the quarter. Palantir Technologies accounts for 0.5% of Sigma Planning Corp’s investment portfolio, making the stock its 25th largest holding. Sigma Planning Corp’s holdings in Palantir Technologies were worth $18,846,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of PLTR. Bare Financial Services Inc raised its position in Palantir Technologies by 54.5% during 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 last quarter. Financial Consulate Inc. purchased a new position in Palantir Technologies during the 3rd quarter worth $30,000. Morton Brown Family Wealth LLC raised its position in Palantir Technologies by 250.0% during the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock worth $31,000 after buying an additional 125 shares during the last quarter. Flagship Wealth Advisors LLC purchased a new position in Palantir Technologies during the 3rd quarter worth $32,000. Finally, United Financial Planning Group LLC purchased a new position in Palantir Technologies during the 3rd quarter worth $32,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Stock Up 0.8%

Shares of PLTR opened at $139.11 on Friday. The company has a 50-day simple moving average of $145.27 and a 200-day simple moving average of $162.72. The company has a market capitalization of $332.71 billion, a PE ratio of 220.81, a P/E/G ratio of 2.65 and a beta of 1.68. Palantir Technologies Inc. has a 52-week low of $105.32 and a 52-week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The business’s revenue was up 70.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.14 EPS. On average, research analysts anticipate that Palantir Technologies Inc. will post 1.05 EPS for the current year.

Palantir Technologies News Summary

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

• Positive Sentiment: Oppenheimer initiated coverage with an Outperform and a $200 target, citing Palantir’s ontology-driven AI platform, strong switching costs and defense/commercial tailwinds — a high-profile buy rating that likely helped lift sentiment. Palantir Stock (PLTR) Gets Fresh Buy Rating Ahead of Q1 Earnings as Oppenheimer Sets $200 Target
• Positive Sentiment: Palantir won a $300M Blanket Purchase Agreement with the USDA to modernize farm services — a meaningful government win that supports recurring revenue and validates public-sector AI demand. Why Palantir (PLTR) Is Expanding Its AI Software Footprint at the USDA
• Positive Sentiment: Analysts (e.g., Wedbush) are bullish heading into earnings, expecting another strong quarter driven by AIP demand and commercial acceleration; some firms have higher price targets (Wedbush $230), reinforcing upside narrative. Palantir Q1 expectations buoyed by commercial acceleration, government contracts
• Neutral Sentiment: Q1 earnings on May 4 is the near-term catalyst — options market is pricing in a large post-earnings swing, so expect elevated volatility around the print. Palantir (PLTR) Q1 Earnings on May 4. Options Market Braces for a 10.55% Swing
• Neutral Sentiment: Consensus and previews point to triple-digit revenue growth (Zacks/Yahoo note ~70%+ YoY), so upside to top-line or raised guidance would be the clean bull case; conversely, any softness or cautious management tone could trigger a sharp pullback. Will Top-Line Improvement Benefit Palantir in Q1 Earnings?
• Negative Sentiment: Valuation remains a key concern — RBC and others flag stretched multiples after a big run, which can cap upside if growth indicators don’t clearly justify the premium. Palantir Stock Drops Today: RBC Flags Valuation Stretch
• Negative Sentiment: High-profile shorts and insider selling persist (noted activist/short interest commentary and heavy insider sales), which can increase downside risk and volatility despite contract wins. Is Michael Burry Still Bearish on Palantir? Here’s What He Has to Say

Insiders Place Their Bets

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 327,088 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the completion of the transaction, the insider directly owned 592 shares in the company, valued at approximately $79,162.24. This trade represents a 99.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Shyam Sankar sold 168,004 shares of the firm’s 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 transaction, the insider owned 642,786 shares of the company’s stock, valued at $85,953,343.92. This trade represents a 20.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,029,879 shares of company stock worth $137,746,253. Insiders own 9.23% of the company’s stock.

Analyst Ratings Changes

PLTR has been the subject of a number of analyst reports. Benchmark initiated coverage on shares of Palantir Technologies in a research report on Wednesday, April 1st. They set a “hold” rating for the company. Cantor Fitzgerald restated a “neutral” rating on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Zacks Research downgraded shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research 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. Finally, Robert W. Baird upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective for the company in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Palantir Technologies has an average rating of “Moderate Buy” and a consensus price target of $194.42.

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.