Perpetual Ltd grew its stake in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 42.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,378 shares of the company’s stock after buying an additional 7,828 shares during the quarter. Perpetual Ltd’s holdings in Palantir Technologies were worth $4,812,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in PLTR. Norges Bank bought a new position in shares of Palantir Technologies in the second quarter worth approximately $3,307,457,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of Palantir Technologies during the 2nd quarter valued at $2,543,888,000. Vanguard Group Inc. lifted its stake in shares of Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after buying an additional 7,194,216 shares in the last quarter. State Street Corp boosted its holdings in Palantir Technologies by 6.9% in the 2nd quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after buying an additional 6,097,629 shares during the period. Finally, Amundi increased its stake in Palantir Technologies by 56.1% in the 1st quarter. Amundi now owns 10,620,301 shares of the company’s stock worth $887,857,000 after buying an additional 3,815,386 shares in the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.
Palantir Technologies Stock Performance
NASDAQ PLTR opened at $193.38 on Friday. The stock has a 50 day moving average price of $179.74 and a 200-day moving average price of $165.64. Palantir Technologies Inc. has a one year low of $63.40 and a one year high of $207.52. The company has a market capitalization of $460.91 billion, a P/E ratio of 460.44, a P/E/G ratio of 7.50 and a beta of 1.49.
Insider Activity
In other Palantir Technologies news, insider Jeffrey Buckley sold 1,252 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $157.50, for a total transaction of $197,190.00. Following the sale, the insider directly owned 47,044 shares in the company, valued at $7,409,430. This represents a 2.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Stephen Andrew Cohen sold 39,136 shares of Palantir Technologies stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $156.25, for a total value of $6,115,000.00. Following the completion of the transaction, the insider owned 592 shares of the company’s stock, valued at approximately $92,500. This trade represents a 98.51% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,008,844 shares of company stock worth $164,750,951. 9.23% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the company. UBS Group boosted their price objective on Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Morgan Stanley boosted their price target on Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 4th. DA Davidson increased their price objective on shares of Palantir Technologies from $170.00 to $215.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. The Goldman Sachs Group lifted their price objective on shares of Palantir Technologies from $141.00 to $188.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Finally, Bank of America upped their target price on shares of Palantir Technologies from $215.00 to $255.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Five investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Palantir Technologies currently has a consensus rating of “Hold” and a consensus price target of $172.28.
Get Our Latest Research Report on PLTR
Palantir Technologies News Roundup
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Palantir announced a strategic commercial push — launching the new “Chain Reaction” platform in partnership with NVIDIA and CenterPoint Energy, a visible enterprise/government product tie-up that could accelerate large AI deployments and revenue upside into 2026. How Much You’d Have If You Bet $10,000 on Palantir Stock in January and 1 Key PLTR Catalyst to Watch in 2026
- Positive Sentiment: Analyst commentary highlights Palantir as one of the top AI winners of 2025 with continued revenue and profit momentum, supporting further upside expectations from growth-focused investors. 2 Best AI Stocks Up 100%+ in 2025 and Still a Buy for 2026
- Neutral Sentiment: Media pieces weighing whether the AI boom is a bubble note Palantir’s dominant market narrative but stress the high multiples — this signals investor debate rather than a definitive sell signal. Is the AI Boom a Bubble? These 2 Dividend Stocks Say No (PLTR)
- Negative Sentiment: Insider selling reported (~$1.67M) and follow-up stories tying a short-term stock pullback to those sales raise near-term selling pressure / sentiment risk among momentum traders. Insider Selling: Palantir Technologies (NASDAQ:PLTR) Insider Sells $1,673,190.00 in Stock
- Negative Sentiment: Unusually active put-option volume suggests some investors are hedging or speculating on downside after the big 2025 run — a technical headwind that can amplify short-term volatility. Nike, Tilray, and Palantir: Their Unusually Active Put Options Will Boost Your Wallet After Christmas
- Negative Sentiment: Several pieces (analyst take/gauges) call out Palantir’s lofty valuation and lay out a bear case for 2026 — these arguments increase the risk of multiple compression if growth disappoints. Palantir Stock’s Valuation: Overstretched or Rightfully Earned? The Palantir Bear Case for 2026
Palantir Technologies 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.
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