Palantir Technologies Inc. $PLTR Shares Acquired by Arizona State Retirement System

Arizona State Retirement System lifted its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 5.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 661,241 shares of the company’s stock after purchasing an additional 35,229 shares during the period. Palantir Technologies accounts for about 0.6% of Arizona State Retirement System’s investment portfolio, making the stock its 20th biggest holding. Arizona State Retirement System’s holdings in Palantir Technologies were worth $120,624,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in PLTR. Norges Bank acquired a new position in Palantir Technologies during the second quarter worth $3,307,457,000. Vanguard Group Inc. raised its stake in Palantir Technologies by 3.6% in the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after purchasing an additional 7,194,216 shares during the last quarter. State Street Corp lifted its stake in shares of Palantir Technologies by 6.9% during the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock valued at $12,879,667,000 after buying an additional 6,097,629 shares during the period. Invesco Ltd. raised its holdings in Palantir Technologies by 16.0% in the 2nd quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock valued at $2,806,182,000 after acquiring an additional 2,838,300 shares during the last quarter. Finally, Clear Street LLC acquired a new position in Palantir Technologies in the second quarter valued at $295,508,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, Director Lauren Elaina Friedman Stat sold 3,400 shares of Palantir Technologies stock in a transaction that occurred on Friday, January 2nd. The stock was 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 of the company’s stock, valued at $10,642,887.45. The trade was a 5.48% decrease in their position. 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 company’s stock in a transaction dated 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 transaction, the insider directly owned 642,786 shares of the company’s stock, valued at $100,435,312.50. This represents a 2.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,023,444 shares of company stock valued at $167,394,629 in the last three months. 9.23% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

PLTR has been the subject of a number of research analyst reports. Phillip Securities began coverage on Palantir Technologies in a report on Thursday, January 22nd. They set a “buy” rating and a $208.00 price objective for the company. Piper Sandler increased their price objective on shares of Palantir Technologies from $201.00 to $225.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Mizuho raised their target price on Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Bank of America raised their price target 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. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Palantir Technologies has a consensus rating of “Hold” and a consensus price target of $184.07.

Palantir Technologies Trading Down 3.5%

NASDAQ:PLTR opened at $151.86 on Friday. The firm has a market cap of $361.95 billion, a price-to-earnings ratio of 361.58, a price-to-earnings-growth ratio of 3.96 and a beta of 1.54. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52. The company has a 50-day moving average of $176.29 and a 200-day moving average of $173.43.

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

Key Palantir Technologies News

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

• Positive Sentiment: Innodata partnership highlights commercial AIP traction — Palantir selected Innodata to supply training data and engineering support for AI event‑analysis work, reinforcing enterprise use cases beyond government contracts. Innodata shares surge on AI data contract with Palantir Technologies
• Positive Sentiment: Analysts see upside from rapid commercial growth and a $2.6B backlog; some price targets imply substantial upside if execution continues. Palantir (PLTR) Stock: Why Analysts See 42% Upside After Recent Drop
• Neutral Sentiment: Earnings and options volatility ahead — markets expect a sizable post‑earnings move, so short‑term swings may persist regardless of the print. Palantir Q4 earnings on deck; options brace for a swing
• Neutral Sentiment: High expectations into Q4 — consensus models assume continued strong revenue growth, leaving little room for a “miss.” Should Palantir Stock Be in Your Portfolio Before Q4 Earnings?
• Negative Sentiment: Negative media and reputational risk tied to work with ICE and immigration enforcement are weighing on sentiment and prompting some selling. Why Palantir Technologies Stock Slumped Today
• Negative Sentiment: Political/business ties story: reporting shows firms (including Palantir) benefitted from immigration policy shifts — heightening regulatory and reputational scrutiny. Companies reap $22bn from Trump’s immigration crackdown
• Negative Sentiment: Technical breakdown: PLTR slipped below its 200‑day moving average and the $150 technical support, signaling increased short‑term downside risk if buyers don’t defend that level. Palantir Stock’s 3-Year Safety Net Just Snapped
• Negative Sentiment: Profit‑taking and valuation fatigue after a large 2025 rally — investors are locking gains and rotating away from richly valued AI names, amplifying downward moves ahead of earnings. Here’s Why Palantir Technologies Inc. (PLTR) Fell More Than Broader Market

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.