Mitsubishi UFJ Asset Management UK Ltd. acquired a new position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,500 shares of the company’s stock, valued at approximately $1,511,000.
A number of other institutional investors have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV raised its holdings in Palantir Technologies by 2.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 14,747 shares of the company’s stock worth $2,621,000 after purchasing an additional 285 shares in the last quarter. Forefront Wealth Partners LLC bought a new position in shares of Palantir Technologies during the fourth quarter valued at $324,000. Harvest Portfolios Group Inc. increased its holdings in shares of Palantir Technologies by 13.3% during the fourth quarter. Harvest Portfolios Group Inc. now owns 868,865 shares of the company’s stock valued at $154,441,000 after acquiring an additional 102,104 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Palantir Technologies during the fourth quarter valued at $1,100,000. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Palantir Technologies by 3.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 511,192 shares of the company’s stock valued at $90,864,000 after acquiring an additional 18,712 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.
Insider Buying and Selling
In related news, insider David A. Glazer sold 17,438 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $2,331,809.36. Following the completion of the sale, the insider directly owned 392,370 shares in the company, valued at approximately $52,467,716.40. This trade represents a 4.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total value of $159,026.56. Following the completion of the sale, the insider owned 43,108 shares of the company’s stock, valued at $5,564,380.64. The trade was a 2.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,029,479 shares of company stock worth $137,685,797 in the last three months. 9.53% of the stock is currently owned by company insiders.
Key Palantir Technologies News
- Positive Sentiment: GraniteShares launched new autocallable ETFs tied to PLTR, adding another structured-income product that highlights investor demand and keeps Palantir in the market spotlight. GraniteShares Expands Autocallable ETF Lineup with Launch of PLTR and HOOD ETFs
- Positive Sentiment: Several recent bullish writeups argue that Palantir’s revenue growth, expanding margins, and strong cash position support the long-term investment case, with one article saying the company’s business momentum remains intact despite volatility. The Palantir Paradox — Record Numbers and a Stock That Won’t Cooperate
- Positive Sentiment: Analyst-focused coverage continues to frame PLTR as a leading AI software name, which can help support sentiment even as valuations stay elevated. ORCL vs. PLTR: Which AI Stock Is the Better Buy in May, According to Analysts
- Neutral Sentiment: President Trump’s reported Palantir share purchase is generating attention and could boost visibility, but it also raises governance and conflict-of-interest questions rather than providing a direct business catalyst. Trump’s Palantir Share Purchase Puts Governance And Valuation In Focus
- Negative Sentiment: Bearish commentary is again pointing to PLTR’s rich valuation, with one article arguing the stock still looks fully valued even after recent weakness. Buy, Sell, or Hold: Palantir at $134 and NVIDIA at $220
- Negative Sentiment: Another bearish piece says AI labs such as OpenAI and Anthropic may weaken Palantir’s story over time, adding pressure to the stock’s premium multiple. Palantir Faces a Bigger Threat Than Valuation: AI Labs Like Anthropic and OpenAI Are Disrupting the PLTR Stock Story
Analysts Set New Price Targets
Several equities analysts have recently weighed in on PLTR shares. UBS Group raised their price target on Palantir Technologies from $180.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, March 18th. William Blair upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating in a report on Monday, February 2nd. Mizuho reduced their price target on Palantir Technologies from $195.00 to $185.00 and set an “outperform” rating for the company in a report on Tuesday, April 14th. Citigroup raised their price target on Palantir Technologies from $210.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, Oppenheimer started coverage on Palantir Technologies in a report on Thursday, April 30th. They set an “outperform” rating and a $200.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $195.16.
View Our Latest Analysis on Palantir Technologies
Palantir Technologies Stock Performance
NASDAQ PLTR opened at $135.26 on Wednesday. Palantir Technologies Inc. has a one year low of $118.93 and a one year high of $207.52. The stock has a 50-day moving average of $143.83 and a 200 day moving average of $158.76. The company has a market capitalization of $324.26 billion, a price-to-earnings ratio of 151.98, a PEG ratio of 2.14 and a beta of 1.52.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its quarterly earnings data on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.28 by $0.05. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same period last year, the company earned $0.13 EPS. Palantir Technologies’s revenue for the quarter was up 84.7% on a year-over-year basis. On average, equities analysts predict that Palantir Technologies Inc. will post 1.18 earnings per share for the current fiscal year.
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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