APG Asset Management N.V. Sells 316,236 Shares of Palantir Technologies Inc. $PLTR

APG Asset Management N.V. trimmed its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 18.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 1,360,021 shares of the company’s stock after selling 316,236 shares during the period. APG Asset Management N.V.’s holdings in Palantir Technologies were worth $248,095,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in PLTR. Vanguard Group Inc. lifted its stake in Palantir Technologies by 4.0% during the third quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock worth $39,017,133,000 after purchasing an additional 8,168,604 shares during the last quarter. State Street Corp increased its stake in shares of 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 last quarter. Norges Bank acquired a new position in shares of Palantir Technologies during the 2nd quarter worth $3,307,457,000. Invesco Ltd. lifted its position 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 buying an additional 2,838,300 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Palantir Technologies by 3.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,042,239 shares of the company’s stock worth $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.

Analysts Set New Price Targets

A number of research firms have issued reports on PLTR. Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Piper Sandler reaffirmed an “overweight” rating and set a $230.00 price target on shares of Palantir Technologies in a report on Tuesday, February 3rd. Northland Securities upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a research report on Tuesday, February 3rd. Daiwa Securities Group upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 target price on the stock in a research report on Tuesday, February 10th. Finally, Morgan Stanley upped their price target on shares of Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 4th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $187.96.

Palantir Technologies Stock Performance

Shares of NASDAQ:PLTR opened at $137.19 on Friday. Palantir Technologies Inc. has a 52 week low of $66.12 and a 52 week high of $207.52. The firm has a market cap of $328.11 billion, a PE ratio of 217.77, a price-to-earnings-growth ratio of 2.64 and a beta of 1.64. The firm’s fifty day moving average is $159.67 and its 200-day moving average is $169.82.

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

Insider Buying and Selling

In related news, insider Shyam Sankar sold 168,004 shares of Palantir Technologies stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $22,465,494.88. Following the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at $85,953,343.92. The trade was a 20.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David A. Glazer sold 17,438 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the sale, the insider directly owned 392,370 shares of the company’s stock, valued at $52,467,716.40. This represents a 4.26% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,054,279 shares of company stock valued at $142,212,233. Corporate insiders own 9.23% of the company’s stock.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: UBS upgraded PLTR to Buy (from Neutral), citing Palantir’s positioning at the intersection of AI and data spending — the upgrade and $150 price target signal renewed Wall Street conviction after the recent pullback. Palantir upgraded to ‘Buy’ by UBS on strong AI and data demand
• Positive Sentiment: Rosenblatt initiated coverage with a Buy rating and a $150 target, joining UBS and creating two fresh buy calls that have supported the rally. Rosenblatt Coverage
• Positive Sentiment: Nvidia CEO Jensen Huang’s bullish comments about the AI cycle lifted sentiment across AI names — investors view this as validation of Palantir’s TAM and AIP opportunity (helps cohort momentum). Palantir Stock Investors Just Got Spectacular News from Nvidia CEO Jensen Huang
• Positive Sentiment: Commercial traction and partnerships — Palantir’s deal with Rackspace to speed enterprise AI deployments and customer rollouts (e.g., OneMedNet’s Foundry rollout) point to expanding go‑to‑market and recurring revenue potential. Palantir AI partnerships and Rackspace
• Neutral Sentiment: Analyst debate and comparisons — coverage from TipRanks and InvestorPlace frames PLTR versus other AI leaders (NVDA) and questions whether the new AI Platform (AIP) will scale into high‑margin, repeatable enterprise deals. These pieces fuel both buy and cautious seller arguments. NVDA vs. PLTR analysis
• Neutral Sentiment: Valuation debate persists — several writeups note Q4 outperformance (strong revenue growth) but warn PLTR trades at a premium and needs execution to justify multiples; this keeps volatility high. Can Palantir justify a premium price?
• Negative Sentiment: Large insider selling — multiple filings show insider sales totaling well over $100M recently, which investors view as a headwind and a token of caution from insiders. Insider Selling: Palantir Insider Sells $65.9M

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.