7,200 Shares in Palantir Technologies Inc. $PLTR Purchased by Chase Investment Counsel Corp

Chase Investment Counsel Corp bought a new position in Palantir Technologies Inc. (NASDAQ:PLTR) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 7,200 shares of the company’s stock, valued at approximately $1,313,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. raised its stake in Palantir Technologies by 4.0% in the third 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 in the last quarter. State Street Corp increased its holdings 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 worth $12,879,667,000 after buying an additional 6,097,629 shares during the last quarter. Norges Bank purchased a new stake in shares of Palantir Technologies during the 2nd quarter valued at $3,307,457,000. Invesco Ltd. raised 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 valued at $2,806,182,000 after buying an additional 2,838,300 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings 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 acquiring an additional 427,840 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Stock Down 3.4%

NASDAQ:PLTR opened at $130.60 on Tuesday. The firm has a market capitalization of $311.28 billion, a P/E ratio of 207.30, a P/E/G ratio of 2.60 and a beta of 1.64. The company has a fifty day moving average of $163.83 and a 200 day moving average of $171.16. Palantir Technologies Inc. has a 52 week low of $66.12 and a 52 week 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations 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 quarter in the previous year, the company earned $0.14 earnings per share. As a group, analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Key Palantir Technologies News

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

• Positive Sentiment: DISA granted Palantir’s PFCS Forward Impact Level 6 provisional authorization — opens the DoD’s highest-security deployments (on‑premises and edge), expanding Palantir’s addressable market in mission‑critical defense workloads. Palantir Just Opened a New DoD Door—What Changes Now?
• Positive Sentiment: Large federal and commercial traction: Palantir signed a reported ~$1B software agreement with DHS and announced a Rackspace partnership to accelerate Foundry and AIP deployments for regulated industries — both support near‑term revenue visibility and commercial distribution. Palantir’s DHS Deal And Rackspace Tie Up Contrast With European Pushback
• Positive Sentiment: Some analysts and firms are turning more positive after the pullback — upgrades and re‑ratings (and bullish analyst commentary) argue the stock is de‑risked relative to recent multiples, supporting a constructive mid‑term view. Palantir (PLTR) Called a “Category of One” as Analysts Upgrade the Stock
• Neutral Sentiment: Options/hedging activity shows traders are positioning for volatility — pieces highlighting put strategies or married‑put spreads reflect investor caution but also provide tactical trade ideas. Play the ‘SaaS Apocalypse’ Selloff in Palantir Stock With This 1 Winning, Protective Options Trade
• Neutral Sentiment: Broader tech/AI selloff and upcoming AI earnings cadence are pressuring AI‑levered names — sector dynamics (Nvidia, Snowflake, Salesforce earnings) are amplifying PLTR moves independent of company‑specific news. AI Stocks Hit Reset. Will Nvidia, Snowflake, CoreWeave, Salesforce Earnings Decide What’s Next?
• Negative Sentiment: Governance and public criticism are weighing on sentiment — coverage calling out governance questions and investor criticisms (including high‑profile skeptics) is amplifying downside pressure amid the market pullback. Stock Market Today, Feb. 23: Palantir Falls as Market Pullback and Governance Questions Weigh
• Negative Sentiment: High‑profile bearish commentary (Michael Burry) and skeptical research pieces keep headline risk elevated — criticism of leadership spending and public legal fights in Europe can sustain volatility. Michael Burry Sounds Alarm On Palantir, Flags CEO Alex Karp’s ‘Elevated’ $17.2 Million Private Jet Tab
• Negative Sentiment: Price action: PLTR has pulled back sharply from late‑2025 highs and several bearish commentaries argue valuation and momentum remain concerns, which encourages further selling on weak market days. Why is Palantir stock down 37% from its peak: is worst over for PLTR?

Analysts Set New Price Targets

A number of research firms recently commented on PLTR. Bank of America increased their target price on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. HSBC upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price objective on the stock in a research report on Tuesday, February 3rd. William Blair upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday, February 2nd. UBS Group cut their target price on Palantir Technologies from $205.00 to $180.00 and set a “neutral” rating for the company in a research note on Tuesday, February 3rd. Finally, CICC Research lifted their price target on shares of Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $191.05.

Insider Activity at Palantir Technologies

In other news, insider David A. Glazer sold 9,000 shares of Palantir Technologies stock in a transaction that occurred on 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 sale, the insider directly owned 413,639 shares in the company, valued at approximately $76,899,626.49. This trade represents a 2.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ryan D. Taylor sold 12,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $181.35, for a total value of $2,176,200.00. Following the transaction, the insider directly owned 239,409 shares in the company, valued at $43,416,822.15. This trade represents a 4.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 24,800 shares of company stock worth $4,526,436 in the last 90 days. Company insiders own 12.93% 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.