Cambria Investment Management L.P. Sells 8,894 Shares of Palantir Technologies Inc. $PLTR

Cambria Investment Management L.P. reduced its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 85.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,564 shares of the company’s stock after selling 8,894 shares during the period. Cambria Investment Management L.P.’s holdings in Palantir Technologies were worth $285,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in PLTR. Norges Bank acquired a new position in Palantir Technologies in the 2nd quarter worth $3,307,457,000. Vanguard Group Inc. raised its stake in shares of Palantir Technologies by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock valued at $39,017,133,000 after purchasing an additional 8,168,604 shares during the period. State Street Corp lifted its holdings in shares of Palantir Technologies by 6.9% in the second 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 in the last quarter. Invesco Ltd. lifted its holdings in shares of Palantir Technologies by 16.0% in the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock valued at $2,806,182,000 after purchasing an additional 2,838,300 shares in the last quarter. Finally, Clear Street LLC acquired a new position in shares of Palantir Technologies during the second quarter worth about $295,508,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Analysts Set New Price Targets

PLTR has been the topic of a number of recent research reports. Robert W. Baird raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price on the stock in a research report on Tuesday, February 3rd. Mizuho raised shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 price target for the company in a research note on Wednesday, February 18th. Truist Financial initiated coverage on shares of Palantir Technologies in a report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 price objective on the stock. Freedom Capital upgraded shares of Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 13th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $230.00 price target on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Palantir Technologies has an average rating of “Moderate Buy” and a consensus price target of $192.68.

Palantir Technologies Trading Down 0.3%

NASDAQ PLTR opened at $152.67 on Friday. The firm has a market capitalization of $365.14 billion, a P/E ratio of 242.34, a price-to-earnings-growth ratio of 2.95 and a beta of 1.70. The firm’s fifty day moving average price is $156.11 and its two-hundred day moving average price is $169.02. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52.

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, topping 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 for the quarter, compared to analyst estimates of $1.34 billion. During the same period in the previous year, the business earned $0.14 EPS. Palantir Technologies’s revenue for the quarter was up 70.0% compared to the same quarter last year. On average, research analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Geopolitical tensions and rising defense demand are boosting interest in Palantir as a military‑grade AI supplier; several outlets link recent rallies to U.S.–Iran escalation that lifts defense-sector flows and technical ratings. Palantir Stock Rallies as U.S. Demand Jumps
• Positive Sentiment: Analyst sentiment has turned constructive: a veteran analyst raised a $200 price target and Wall Street consensus targets imply meaningful upside, supporting the bull case. Veteran Analyst Raises Price Target Analysts See ~30.8% Upside
• Positive Sentiment: Earnings-estimate revisions and recent strong revenue/earnings beats keep the growth story intact and support near‑term upside. Earnings Estimates Moving Higher
• Positive Sentiment: Prominent bulls (e.g., Dan Ives) continue to call Palantir a key AI/defense play, which can attract momentum flows and sector allocation into the name. Dan Ives: Bullish on PLTR
• Neutral Sentiment: Founder/insider selling: reports that Peter Thiel is selling roughly $280M of stock have surfaced; most coverage frames this as routine liquidity rather than a vote of no confidence, but it adds noise. Peter Thiel Selling Shares Thiel Cashes Out Coverage
• Negative Sentiment: Contract and tech risk: the Pentagon’s move to cut Anthropic from some contracts forces Palantir to unwire Anthropic-based prompts from its Maven platform — this could be costly, disruptive to defense deployments, and creates execution risk. Palantir Faces Challenge Removing Anthropic Costly AI Overhaul Report
• Negative Sentiment: Governance/PR concerns: CEO comments about the Anthropic‑Pentagon feud and reports of NHS ties/consulting raise reputational and regulatory scrutiny that investors may view as added risk. CEO Comments on Anthropic-Pentagon Feud NHS Official Advising Palantir
• Negative Sentiment: Some commentators argue the valuation and recent pullbacks reflect a structural reset rather than a simple dip, warning investors this is speculative. Bearish View: ‘Regime Change’

Insider Transactions at Palantir Technologies

In other news, insider Alexander C. Karp sold 493,025 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.78, for a total value of $65,956,884.50. Following the completion of the sale, the insider directly owned 6,432,258 shares of the company’s stock, valued at $860,507,475.24. This trade represents a 7.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Stephen Andrew Cohen sold 327,088 shares of the business’s 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 $43,738,207.36. Following the transaction, the insider directly owned 592 shares in the company, valued at $79,162.24. The trade was a 99.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,054,279 shares of company stock valued at $142,212,233. Company insiders own 9.23% 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.