RWQ Financial Management Services Inc. Acquires Shares of 33,925 Palantir Technologies Inc. $PLTR

RWQ Financial Management Services Inc. acquired a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTRFree Report) in the fourth quarter, Holdings Channel reports. The firm acquired 33,925 shares of the company’s stock, valued at approximately $6,030,000. Palantir Technologies makes up about 2.8% of RWQ Financial Management Services Inc.’s holdings, making the stock its 16th biggest position.

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on PLTR. Truist Financial began coverage on Palantir Technologies in a report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 target price for the company. Northland Securities raised Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 target price for the company in a report on Tuesday, February 3rd. Benchmark began coverage on Palantir Technologies in a report on Wednesday, April 1st. They issued a “hold” rating for the company. William Blair raised Palantir Technologies from a “market perform” rating to an “outperform” rating in a report on Monday, February 2nd. Finally, Jefferies Financial Group set a $208.00 target price on Palantir Technologies in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $192.17.

Read Our Latest Analysis on PLTR

Palantir Technologies Price Performance

Shares of PLTR opened at $144.07 on Friday. Palantir Technologies Inc. has a one year low of $105.32 and a one year high of $207.52. The firm has a market capitalization of $344.57 billion, a P/E ratio of 228.69, a PEG ratio of 2.77 and a beta of 1.53. The business has a fifty day moving average of $145.27 and a 200 day moving average of $162.62.

Palantir Technologies (NASDAQ:PLTRGet Free Report) last issued its quarterly earnings data on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the company posted $0.14 earnings per share. Palantir Technologies’s revenue was up 70.0% compared to the same quarter last year. Analysts expect that Palantir Technologies Inc. will post 1.05 EPS for the current fiscal year.

Trending Headlines about Palantir Technologies

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

  • Positive Sentiment: Buy-side momentum from Oppenheimer, which initiated coverage with an Outperform ( $200 target) and framed Palantir as an AI-platform leader, is lifting investor sentiment. Barron’s: Palantir Stock Gets a Fresh Buy Rating
  • Positive Sentiment: Large contract wins and commercial expansion are tangible growth drivers — notably a reported $300M USDA blanket purchase agreement and new industrial deals (e.g., Cleveland‑Cliffs) that show sticky, multi‑year AI revenue potential. Yahoo Finance: Why Palantir Is Expanding Its AI Footprint at the USDA
  • Positive Sentiment: Analysts and traders have pushed the stock higher into earnings on the view that AI demand could translate into another strong quarter; several outlets note bullish analyst commentary and technical strength ahead of the report. Benzinga: Palantir Rallies Before May 4 Earnings
  • Neutral Sentiment: Q1 earnings (May 4 after the close) are the near-term catalyst; options/implied‑move data suggest traders expect a sizable post‑earnings swing — that raises both upside and downside risk. Investopedia: Expected Post‑Earnings Move
  • Neutral Sentiment: Broader tech/AI market strength is supporting PLTR flows this week (MarketBeat roundup highlights AI trade momentum), but macro or sector shocks could quickly reverse momentum. MarketBeat: Week in Review
  • Negative Sentiment: HSBC downgraded PLTR from Buy to Hold and cut its target to $151 (from $205), signaling some analyst caution on near‑term upside given valuation — that downgrade capped some gains intraday. Benzinga: HSBC Downgrade
  • Negative Sentiment: Valuation and discount‑to-earnings concerns persist (high P/E, premium multiple), and prominent skeptics/shorts (e.g., Michael Burry) remain active — these keep downside risk if earnings or guidance disappoint. 247WallSt: Michael Burry Still Bearish

Insider Buying and Selling

In related news, insider Alexander C. Karp sold 493,025 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The stock was 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 approximately $860,507,475.24. The trade was a 7.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shyam Sankar sold 168,004 shares of Palantir Technologies 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 transaction, the insider owned 642,786 shares in the company, 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. Insiders have sold a total of 1,029,879 shares of company stock valued at $137,746,253 over the last ninety days. 9.23% of the stock is owned by insiders.

Palantir Technologies Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Palantir Technologies (NASDAQ:PLTR)

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