Palantir Technologies Inc. $PLTR Stake Boosted by Factory Mutual Insurance Co.

Factory Mutual Insurance Co. raised its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 35.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 250,557 shares of the company’s stock after buying an additional 65,700 shares during the quarter. Factory Mutual Insurance Co.’s holdings in Palantir Technologies were worth $45,707,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in PLTR. Briaud Financial Planning Inc purchased a new stake in shares of Palantir Technologies in the 2nd quarter valued at approximately $27,000. LFA Lugano Financial Advisors SA acquired a new stake in Palantir Technologies during the 2nd quarter valued at $27,000. Delos Wealth Advisors LLC purchased a new stake in shares of Palantir Technologies in the second quarter valued at $29,000. Zeit Capital LLC acquired a new stake in shares of Palantir Technologies in the second quarter worth $30,000. Finally, Financial Consulate Inc. purchased a new position in shares of Palantir Technologies during the third quarter valued at $30,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies Stock Performance

Shares of PLTR opened at $134.89 on Friday. The firm has a market cap of $321.50 billion, a PE ratio of 214.11, a PEG ratio of 2.60 and a beta of 1.64. The firm’s 50 day moving average price is $165.85 and its 200 day moving average price is $171.76. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company’s revenue for the quarter was up 70.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 earnings per share. On average, sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Key Palantir Technologies News

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

• Positive Sentiment: Mizuho upgraded PLTR to Outperform with a $195 target, signaling renewed analyst confidence in Palantir’s AI-driven revenue trajectory and providing a tangible bullish catalyst for buyers. Mizuho Upgrade
• Positive Sentiment: Strategic partnership with Rackspace to accelerate enterprise deployments of Palantir Foundry and AIP — this could ease customer implementation bottlenecks, expand reach into regulated sectors, and support faster revenue realization. Rackspace Partnership
• Positive Sentiment: Palantir won a DoD authorization for its Palantir Federal Cloud Service (PFCS) Forward that reduces red tape for expanding DoD use cases — improves defense TAM visibility and could accelerate government deployments. DoD Authorization
• Neutral Sentiment: Headquarters moved from Denver to Miami — the shift is consistent with other tech relocations for tax/regulatory benefits; strategically neutral but may help talent/operating costs over time. HQ Move
• Neutral Sentiment: Market/positioning signals are mixed: unusual put-option flows and heavy analyst debate suggest traders are both hedging and speculating on a reversal — could create short-term volatility. Options Activity
• Negative Sentiment: Michael Burry and others have publicly criticized Palantir after digging into filings — his high-profile bearish commentary adds headline risk and can pressure sentiment. Burry Criticism
• Negative Sentiment: CEO Alex Karp’s reported $17.2M private-jet travel tab and extensive insider selling raise governance and optics concerns that can weigh on investor confidence despite strong fundamentals. Jet Spending / Optics

Analysts Set New Price Targets

PLTR has been the subject of several research analyst reports. Daiwa Securities Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a research note on Tuesday, February 10th. HSBC raised shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price target for the company in a research report on Tuesday, February 3rd. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Palantir Technologies in a research report on Tuesday, February 3rd. UBS Group dropped their price objective on shares of Palantir Technologies from $205.00 to $180.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 3rd. Finally, Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 target price for the company in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $191.05.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Jeffrey Buckley sold 1,252 shares of the stock in a transaction on Monday, November 24th. The shares were sold at an average price of $157.50, for a total transaction of $197,190.00. Following the transaction, the insider directly owned 47,044 shares of the company’s stock, valued at $7,409,430. This represents a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider David A. Glazer sold 9,000 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $185.91, for a total value of $1,673,190.00. Following the completion of the sale, the insider directly owned 413,639 shares of the company’s stock, valued at $76,899,626.49. This represents a 2.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 62,100 shares of company stock valued at $10,576,379. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies Profile

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.