Cypress Capital Management LLC WY purchased a new position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) during the 3rd quarter, HoldingsChannel reports. The firm purchased 8,469 shares of the company’s stock, valued at approximately $1,545,000. Palantir Technologies makes up 1.6% of Cypress Capital Management LLC WY’s investment portfolio, making the stock its 19th largest holding.
Other large investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position in Palantir Technologies by 3.6% during the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after acquiring an additional 7,194,216 shares during the period. 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 valued at $12,879,667,000 after purchasing an additional 6,097,629 shares during the period. Norges Bank acquired a new stake in Palantir Technologies in the 2nd quarter worth $3,307,457,000. Invesco Ltd. increased its holdings in shares of Palantir Technologies by 16.0% during the 2nd quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock worth $2,806,182,000 after purchasing an additional 2,838,300 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Palantir Technologies by 3.1% during the second quarter. Charles Schwab Investment Management Inc. now owns 14,042,239 shares of the company’s stock valued at $1,914,238,000 after buying an additional 427,840 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Strategic commercial traction: HD Hyundai deepened its partnership to expand adoption of Palantir’s Foundry and AIP, supporting recurring-revenue growth potential. HD Hyundai and Palantir Strengthen Their Partnership
- Positive Sentiment: High-conviction buy calls: Bank of America lists PLTR as a top idea for 2026, citing accelerating AI-driven growth and margin expansion. That supports longer-term upside if execution continues. Bank of America Still Thinks Palantir Is One of the Best Stocks to Buy for 2026
- Positive Sentiment: New buy initiation: Phillip Securities started coverage with a Buy and $208 target, arguing Palantir can capture AI-led growth in the U.S. and is attractively valued on a forward basis. Analyst Sees Strong AI-Led Growth in Palantir (PLTR), Starts Buy
- Positive Sentiment: Bullish research previews: Several previews (Seeking Alpha, Forbes, Seeking Alpha bullish pieces) argue Q4 could validate Palantir’s position in the AI bifurcation trade and point to technical support levels as a floor for the rally. Palantir Q4 Preview: Set To Win The AI Bifurcation Trade
- Neutral Sentiment: Earnings focus: Multiple outlets advise monitoring Q4 results and commentary on AI product uptake, revenue durability and margins — the Feb. 2 earnings release is the immediate catalyst. Should You Buy Palantir Stock Before the Q4 Report?
- Neutral Sentiment: Retail & sentiment dynamics: Retail interest (notably younger investors) and leveraged ETFs have amplified moves — this increases volatility around news and earnings. 3 Reasons Gen Z Likes Palantir Stock
- Negative Sentiment: Sharp bearish call and insider sales: RBC Capital warned PLTR could crash to $50 and notes insider selling over recent months — a clear risk that can pressure sentiment and trigger selling. This Analyst Warns Palantir Stock Could Plunge to $50. Should You Sell Shares Now?
- Negative Sentiment: Reputational/policy risk: Reporting that ICE used Palantir tools to scan Medicaid data raises regulatory and reputational concerns that could affect public-sector deals and renewals. Palantir/ICE connections draw fire as questions raised about tool tracking Medicaid data to find people to arrest
- Negative Sentiment: Competitive headwinds: Several pieces argue other AI names may outpace Palantir, and some analysts remain cautious on targets — a reminder valuation and growth execution are under scrutiny. 3 AI Stocks That Will Trounce Palantir in 2026, According to Wall Street
Wall Street Analyst Weigh In
Get Our Latest Analysis on Palantir Technologies
Palantir Technologies Stock Performance
NASDAQ:PLTR opened at $165.70 on Wednesday. The company has a market cap of $394.94 billion, a price-to-earnings ratio of 394.53, a P/E/G ratio of 4.21 and a beta of 1.54. The stock’s fifty day moving average price is $176.53 and its two-hundred day moving average price is $173.69. Palantir Technologies Inc. has a 52-week low of $66.12 and a 52-week high of $207.52.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the previous year, the company posted $0.10 earnings per share. The firm’s quarterly revenue was up 62.8% on a year-over-year basis. On average, equities analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.
Insider Activity
In related news, Director Lauren Elaina Friedman Stat sold 3,400 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $181.35, for a total value of $616,590.00. Following the transaction, the director directly owned 58,687 shares in the company, valued at $10,642,887.45. This represents a 5.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Shyam Sankar sold 19,004 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $156.25, for a total transaction of $2,969,375.00. Following the completion of the transaction, the insider directly owned 642,786 shares in the company, valued at approximately $100,435,312.50. The trade was a 2.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,023,444 shares of company stock worth $167,394,629. Corporate insiders own 12.93% of the company’s stock.
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.
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