Intact Investment Management Inc. Invests $1.33 Million in Palantir Technologies Inc. $PLTR

Intact Investment Management Inc. acquired a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 7,280 shares of the company’s stock, valued at approximately $1,328,000.

Several other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Palantir Technologies in the 2nd quarter worth $3,307,457,000. Vanguard Group Inc. raised its stake in Palantir Technologies by 3.6% in the second 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 during the last quarter. State Street Corp boosted its holdings in Palantir Technologies by 6.9% in the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after acquiring an additional 6,097,629 shares in the last quarter. Invesco Ltd. boosted its holdings in Palantir Technologies by 16.0% in the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock worth $2,806,182,000 after acquiring an additional 2,838,300 shares in the last quarter. Finally, Clear Street LLC purchased a new stake in shares of Palantir Technologies during the second quarter worth about $295,508,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Key Palantir Technologies News

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

• Positive Sentiment: Bank of America reiterates Palantir as a top conviction buy for 2026, citing accelerating AI-driven revenue growth and expanding margins that support a long-term platform thesis. Read More.
• Positive Sentiment: HD Hyundai expanded its partnership with Palantir, which should increase adoption of Foundry and AIP in industrial and manufacturing use cases — a revenue-growth/enterprise-adoption positive. Read More.
• Positive Sentiment: High-profile bullish commentary (e.g., Jim Cramer) and multiple bullish takes reinforce investor confidence in Palantir’s AI positioning and long-run upside. Read More.
• Neutral Sentiment: Analysts and media continue to debate valuation and near-term catalysts; some call it a buy, others urge caution — this creates heterogeneous expectations ahead of upcoming earnings. Read More.
• Neutral Sentiment: Mixed analyst notes (e.g., “It’s not an easy call”) and head-to-head comparisons with other AI names keep volatility high around earnings. Read More.
• Negative Sentiment: A Fortune report alleges ICE has used Palantir tools to track Medicaid data to locate people for arrests — a reputational and regulatory risk that could invite scrutiny, contract reviews, or political backlash. Read More.
• Negative Sentiment: Several pieces argue other AI stocks may outperform Palantir and highlight its premium valuation; such narratives pressure sentiment if growth expectations slip. Read More.
• Negative Sentiment: Commentary warning about Palantir’s high valuation and the risk that a valuation reset could undo recent gains — a key downside risk for momentum-driven investors. Read More.

Insider Buying and Selling

In other news, insider Ryan D. Taylor sold 36,048 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $162.36, for a total transaction of $5,852,753.28. Following the completion of the transaction, the insider directly owned 251,409 shares of the company’s stock, valued at $40,818,765.24. This represents a 12.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Alexander C. Karp sold 359,325 shares of the stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $58,925,706.75. Following the transaction, the insider owned 6,432,258 shares in the company, valued at $1,054,825,989.42. This trade represents a 5.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,023,444 shares of company stock worth $167,394,629 in the last ninety days. 12.93% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Weiss Ratings lowered shares of Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Royal Bank Of Canada upped their price target on shares of Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research note on Tuesday, November 4th. Cantor Fitzgerald lifted their price objective on shares of Palantir Technologies from $155.00 to $198.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Truist Financial assumed coverage on shares of Palantir Technologies in a report on Tuesday, January 6th. They set a “buy” rating and a $223.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Palantir Technologies from $160.00 to $200.00 and gave the company a “hold” rating in a research report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Palantir Technologies presently has an average rating of “Hold” and an average target price of $184.07.

Palantir Technologies Price Performance

PLTR opened at $167.47 on Tuesday. The firm has a fifty day moving average price of $176.56 and a 200 day moving average price of $173.53. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52. The stock has a market cap of $399.15 billion, a P/E ratio of 398.75, a P/E/G ratio of 4.27 and a beta of 1.54.

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

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.