AustralianSuper Pty Ltd Sells 257,763 Shares of Palantir Technologies Inc. $PLTR

AustralianSuper Pty Ltd lessened its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 68.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 119,694 shares of the company’s stock after selling 257,763 shares during the quarter. AustralianSuper Pty Ltd’s holdings in Palantir Technologies were worth $21,835,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. LFA Lugano Financial Advisors SA bought a new stake in shares of Palantir Technologies in the 2nd quarter worth about $27,000. Bare Financial Services Inc grew its stake in Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after buying an additional 55 shares during the last quarter. Delos Wealth Advisors LLC bought a new stake in Palantir Technologies during the second quarter worth about $29,000. Zeit Capital LLC acquired a new stake in shares of Palantir Technologies during the second quarter worth approximately $30,000. Finally, Financial Consulate Inc. bought a new position in shares of Palantir Technologies in the third quarter valued at approximately $30,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Insiders Place Their Bets

In related news, 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 value of $2,331,809.36. Following the sale, the insider directly owned 392,370 shares in the company, valued at $52,467,716.40. This trade represents a 4.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Stephen Andrew Cohen sold 327,088 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 transaction 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,054,279 shares of company stock valued at $142,212,233 in the last ninety days. 12.93% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

PLTR has been the topic of a number of research analyst reports. Argus upgraded Palantir Technologies to a “hold” rating in a research report on Monday, February 9th. CICC Research increased their target price on Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Phillip Securities assumed coverage on Palantir Technologies in a research note on Thursday, January 22nd. They issued a “buy” rating and a $208.00 target price for the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $200.00 price target on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Finally, Piper Sandler restated an “overweight” rating and issued a $230.00 price objective on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Palantir Technologies currently has an average rating of “Moderate Buy” and an average price target of $187.96.

Palantir Technologies Price Performance

PLTR opened at $147.24 on Wednesday. The firm has a 50 day simple moving average of $157.75 and a 200 day simple moving average of $169.25. Palantir Technologies Inc. has a fifty-two week low of $66.12 and a fifty-two week high of $207.52. The company has a market cap of $352.15 billion, a price-to-earnings ratio of 233.72, a price-to-earnings-growth ratio of 2.79 and a beta of 1.70.

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

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Geopolitical tailwind: Rising U.S.–Iran tensions have pushed investors into defense-exposed AI names and boosted Palantir’s narrative as a government/intel supplier, supporting renewed buying interest. Why Palantir Is Back In Wall Street’s Good Graces
• Positive Sentiment: Analyst upgrades and higher targets: Multiple brokers (including Rosenblatt and others) have turned more bullish after Q4 results, issuing higher price targets and long‑term upside cases that are drawing fresh institutional attention. Analyst Praises Palantir’s Growth Prospects, Sees Stock Headed To $400 Over Next 5 Years
• Positive Sentiment: Strong fundamentals: Q4 beat (70% YoY revenue growth, improved margins) plus accelerating U.S. commercial revenue and large multi‑year government awards underpin the bullish case that the company can sustain high growth and cash generation. Palantir Technologies Stock (PLTR) Opinions on Government AI Vendor Shifts
• Neutral Sentiment: Product and contract momentum: Palantir’s Foundry and Gotham platforms are cited as driving enterprise AI adoption and cross‑sector contracts (examples: DHS rollout, DoD/GE Aerospace collaboration) — positive for revenue diversification but gradual to fully monetize. PLTR’s Foundry and Gotham Accelerate Enterprise AI Expansion
• Negative Sentiment: Insider selling: Large insider dispositions (including Peter Thiel filings and broad insider sales reported) are raising governance/flow concerns that can cap sentiment during headline-driven rallies. Peter Thiel Sells $290 Million In PLTR Stock As Palantir Surges Nearly 6% Amid AI-Driven Rally
• Negative Sentiment: Volatility and valuation risk: Several outlets warn the rally is partly a “war trade” that can reverse quickly; PLTR still trades at a rich multiple and shows technical signs that could lead to whipsawing after headline spikes. Palantir Stock Drops. Its Role in the Iran Conflict Is Not a Given.

Palantir Technologies Company 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.