Intact Investment Management Inc. Buys New Stake in Palantir Technologies Inc. $PLTR

Intact Investment Management Inc. bought a new position in Palantir Technologies Inc. (NASDAQ:PLTR) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,280 shares of the company’s stock, valued at approximately $1,328,000.

Several other institutional investors have also added to or reduced their stakes in PLTR. LBP AM SA boosted its position in shares of Palantir Technologies by 49.4% during the 3rd quarter. LBP AM SA now owns 179,027 shares of the company’s stock valued at $32,658,000 after acquiring an additional 59,204 shares during the last quarter. Mutual of America Capital Management LLC raised its stake in Palantir Technologies by 1.1% during the third quarter. Mutual of America Capital Management LLC now owns 246,488 shares of the company’s stock valued at $44,964,000 after purchasing an additional 2,580 shares in the last quarter. Liberty Wealth Management LLC lifted its position in Palantir Technologies by 4.5% during the third quarter. Liberty Wealth Management LLC now owns 6,838 shares of the company’s stock valued at $1,247,000 after purchasing an additional 292 shares during the last quarter. Commerzbank Aktiengesellschaft FI grew its stake in shares of Palantir Technologies by 8.3% in the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 20,523 shares of the company’s stock worth $3,744,000 after buying an additional 1,574 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Palantir Technologies by 736.1% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 39,147 shares of the company’s stock worth $6,775,000 after buying an additional 34,465 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on PLTR. Deutsche Bank Aktiengesellschaft increased their price target on shares of Palantir Technologies from $160.00 to $200.00 and gave the company a “hold” rating in a report on Tuesday, November 4th. DA Davidson raised their price objective on Palantir Technologies from $170.00 to $215.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. HSBC raised their price target on Palantir Technologies from $181.00 to $197.00 and gave the stock a “hold” rating in a research report on Wednesday, November 5th. Finally, Truist Financial initiated coverage on shares of Palantir Technologies in a research note on Tuesday, January 6th. They set a “buy” rating and a $223.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Palantir Technologies presently has an average rating of “Hold” and a consensus price target of $184.07.

Palantir Technologies Trading Down 1.3%

Shares of Palantir Technologies stock opened at $167.47 on Tuesday. The stock’s fifty day moving average price is $176.56 and its 200-day moving average price is $173.53. The firm has a market cap of $399.15 billion, a P/E ratio of 398.75, a P/E/G ratio of 4.27 and a beta of 1.54. Palantir Technologies Inc. has a 12 month low of $66.12 and a 12 month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its earnings results on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.04. The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The firm’s quarterly revenue was up 62.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.10 EPS. Analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Bank of America reiterates Palantir as a top conviction buy for 2026, citing accelerating AI-driven revenue growth and expanding margins that support a long-term platform thesis. Read More.
• Positive Sentiment: HD Hyundai expanded its partnership with Palantir, which should increase adoption of Foundry and AIP in industrial and manufacturing use cases — a revenue-growth/enterprise-adoption positive. Read More.
• Positive Sentiment: High-profile bullish commentary (e.g., Jim Cramer) and multiple bullish takes reinforce investor confidence in Palantir’s AI positioning and long-run upside. Read More.
• Neutral Sentiment: Analysts and media continue to debate valuation and near-term catalysts; some call it a buy, others urge caution — this creates heterogeneous expectations ahead of upcoming earnings. Read More.
• Neutral Sentiment: Mixed analyst notes (e.g., “It’s not an easy call”) and head-to-head comparisons with other AI names keep volatility high around earnings. Read More.
• Negative Sentiment: A Fortune report alleges ICE has used Palantir tools to track Medicaid data to locate people for arrests — a reputational and regulatory risk that could invite scrutiny, contract reviews, or political backlash. Read More.
• Negative Sentiment: Several pieces argue other AI stocks may outperform Palantir and highlight its premium valuation; such narratives pressure sentiment if growth expectations slip. Read More.
• Negative Sentiment: Commentary warning about Palantir’s high valuation and the risk that a valuation reset could undo recent gains — a key downside risk for momentum-driven investors. Read More.

Insider Activity at Palantir Technologies

In related news, insider David A. Glazer sold 15,557 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $2,551,192.43. Following the completion of the transaction, the insider owned 415,612 shares of the company’s stock, valued at $68,156,211.88. The trade was a 3.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Ryan D. Taylor sold 36,048 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $162.36, for a total value of $5,852,753.28. Following the sale, the insider owned 251,409 shares of the company’s stock, valued at approximately $40,818,765.24. This represents a 12.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,023,444 shares of company stock valued at $167,394,629 over the last quarter. 12.93% of the stock is owned by insiders.

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.