Fifth Third Bancorp Purchases 45,647 Shares of Palantir Technologies Inc. $PLTR

Fifth Third Bancorp lifted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 35.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 173,745 shares of the company’s stock after purchasing an additional 45,647 shares during the period. Fifth Third Bancorp’s holdings in Palantir Technologies were worth $31,695,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in PLTR. Briaud Financial Planning Inc acquired a new position in Palantir Technologies in the 2nd quarter valued at approximately $27,000. LFA Lugano Financial Advisors SA acquired a new stake in Palantir Technologies in the second quarter valued at $27,000. Delos Wealth Advisors LLC acquired a new stake in Palantir Technologies in the second quarter valued at $29,000. Zeit Capital LLC bought a new position in Palantir Technologies during the 2nd quarter worth $30,000. Finally, Financial Consulate Inc. acquired a new position in Palantir Technologies during the 3rd quarter worth about $30,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Insider Transactions at Palantir Technologies

In related news, insider Ryan D. Taylor sold 12,000 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the transaction, the insider directly owned 239,409 shares of the company’s stock, valued at approximately $43,416,822.15. This represents a 4.77% 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, Director Lauren Elaina Friedman Stat sold 400 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $151.14, for a total value of $60,456.00. Following the completion of the transaction, the director owned 58,287 shares in the company, valued at approximately $8,809,497.18. The trade was a 0.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 1,023,844 shares of company stock valued at $167,455,085. 12.93% of the stock is owned by insiders.

More Palantir Technologies News

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

• Positive Sentiment: Truist reaffirmed its buy stance and called Palantir an AI pure‑play, helping sentiment after strong Q4 results. Palantir Technologies (PLTR) Soars as AI Pure-Play, Truist Reaffirms Buy
• Positive Sentiment: Freedom Capital Markets issued a rare double upgrade from Sell to Buy, arguing AI agents aren’t an existential threat and highlighting Palantir’s strong Q4 metrics. PLTR Stock Jumps from Sell to Buy — Analyst Says ‘AI Agents Not a Threat to Palantir’
• Positive Sentiment: Phillip Securities (Paul Chew) kept a Buy rating, highlighting sustained outperformance and AI-driven growth despite a trimmed PT — supports the buy-side narrative. Palantir: Sustained Outperformance and AI-Driven Growth Underpin Buy Rating Despite Normalized Long-Term Outlook
• Neutral Sentiment: High-profile investors remain engaged — Cathie Wood reportedly increased exposure to Palantir as a high‑conviction AI name, adding to investor interest but not company fundamentals. Alphabet or Palantir: Cathie Wood Loads Up on One High-Conviction AI Stock
• Neutral Sentiment: Market chatter includes big trader calls and leveraged products (e.g., PLTW ETF) that can amplify moves — relevant for intraday liquidity and volatility but not long-term fundamentals. Veteran trader makes eye-popping call on Palantir amid software slump
• Negative Sentiment: Michael Burry publicly targeted Palantir with allegations of covert smear campaigns and warned of a large downside, triggering reputational risk and headline-driven selling. ‘Big Short’ Investor Michael Burry Targets Palantir Over ‘Covert Smear’ Claims, Warns Of Over 50% Stock Collapse
• Negative Sentiment: Insiders have sold more than $1 billion of stock in the past year — a red flag for some investors and a potential source of selling pressure. Palantir insiders have cashed out over $1B, more than the company earned
• Negative Sentiment: Shares have pulled back sharply (~27% over the past month) despite strong Q4 results — investors cite valuation and broader AI/tech rotation as drivers of the sell‑off. Should Investors Buy Palantir Stock (PLTR) after the Recent Pullback? Wall Street Weighs in

Palantir Technologies Stock Performance

Shares of PLTR opened at $131.36 on Tuesday. The firm has a market cap of $313.09 billion, a PE ratio of 208.51, a price-to-earnings-growth ratio of 2.53 and a beta of 1.64. 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 $168.93 and its two-hundred day moving average price is $172.43.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the business posted $0.14 EPS. Palantir Technologies’s revenue for the quarter was up 70.0% compared to the same quarter last year. Research analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Bank of America increased their price target on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Truist Financial started coverage on Palantir Technologies in a report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 target price on the stock. DA Davidson lowered their price target on shares of Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating for the company in a report on Tuesday, February 3rd. Phillip Securities started coverage on shares of Palantir Technologies in a research report on Thursday, January 22nd. They issued a “buy” rating and a $208.00 price target on the stock. Finally, Piper Sandler reiterated an “overweight” rating and set a $230.00 price objective on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Palantir Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $191.05.

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.