New York State Common Retirement Fund Has $437.12 Million Position in Palantir Technologies Inc. $PLTR

New York State Common Retirement Fund lowered its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 4.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,396,230 shares of the company’s stock after selling 104,411 shares during the period. Palantir Technologies makes up 0.6% of New York State Common Retirement Fund’s holdings, making the stock its 25th biggest holding. New York State Common Retirement Fund’s holdings in Palantir Technologies were worth $437,120,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of PLTR. Briaud Financial Planning Inc acquired a new position in shares of Palantir Technologies in the 2nd quarter valued at approximately $27,000. LFA Lugano Financial Advisors SA bought a new position in Palantir Technologies in the second quarter valued at approximately $27,000. Frazier Financial Advisors LLC bought a new stake in shares of Palantir Technologies during the 2nd quarter worth $28,000. Delos Wealth Advisors LLC bought a new stake in shares of Palantir Technologies during the 2nd quarter valued at approximately $29,000. Finally, Zeit Capital LLC acquired a new position in shares of Palantir Technologies during the second quarter worth $30,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies Stock Performance

Shares of PLTR opened at $157.35 on Thursday. The firm has a market cap of $375.03 billion, a PE ratio of 374.65, a price-to-earnings-growth ratio of 4.17 and a beta of 1.54. Palantir Technologies Inc. has a 52-week low of $66.12 and a 52-week high of $207.52. The business’s 50 day moving average price is $176.37 and its two-hundred day moving average price is $173.58.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. Palantir Technologies’s quarterly revenue was up 62.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.10 EPS. Research analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider David A. Glazer sold 9,000 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $185.91, for a total transaction of $1,673,190.00. Following the transaction, the insider directly owned 413,639 shares of the company’s stock, valued at $76,899,626.49. This represents a 2.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Ryan D. Taylor sold 12,000 shares of Palantir Technologies stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the completion of the sale, the insider directly owned 239,409 shares of the company’s stock, valued at approximately $43,416,822.15. The trade was a 4.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,023,444 shares of company stock worth $167,394,629 over the last 90 days. 12.93% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on PLTR. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, November 4th. Northland Securities lifted their price target on shares of Palantir Technologies from $14.00 to $18.50 in a report on Tuesday, November 4th. The Goldman Sachs Group increased their price objective on Palantir Technologies from $141.00 to $188.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Wall Street Zen downgraded Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Finally, Citigroup upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $210.00 to $235.00 in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Palantir Technologies presently has an average rating of “Hold” and an average target price of $184.07.

Palantir Technologies News Summary

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

• Positive Sentiment: Bullish research and price targets argue Palantir is a core AI play with big upside based on its platform leadership and recent multi-year gains. Prediction: Palantir Stock Will Soar to This Price by the End of 2026
• Positive Sentiment: Some Wall Street commentary highlights continued strong fundamentals and says avoiding PLTR on valuation could be a mistake, supporting buy-the-dip narratives. Palantir Investors Just Got Incredible News from Wall Street
• Neutral Sentiment: Q4 earnings (Feb. 2) are the primary near-term catalyst; the options market forecasts roughly a ±10.7% move, increasing event-driven volatility for both buyers and sellers. Palantir Technologies (PLTR) Q4 Earnings on Deck: Options Market Braces for a 10.70% Swing
• Neutral Sentiment: Multiple outlets discuss whether to buy ahead of Q4; theses hinge on your risk tolerance (high volatility vs. potential upside from continued revenue beats). Should You Buy Palantir Stock Before the Q4 Report?
• Negative Sentiment: Bearish analyst notes warn PLTR is richly valued and vulnerable to a sharp downshift — one widely cited analyst scenario sees risk toward $50, citing valuation, concentration and insider selling. This Analyst Warns Palantir Stock Could Plunge to $50. Should You Sell Shares Now?
• Negative Sentiment: Despite strong recent gains, commentators flag the high P/E/PEG and the potential for revenue growth to slow; that is driving cautious positioning and recent pullbacks into a technical support range. Palantir Stock Is Down Sharply Already in 2026 — And It Could Get Worse

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.