Fisher Asset Management LLC Has $2.47 Million Stock Position in Palantir Technologies Inc. $PLTR

Fisher Asset Management LLC increased its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 50.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,558 shares of the company’s stock after buying an additional 4,520 shares during the period. Fisher Asset Management LLC’s holdings in Palantir Technologies were worth $2,473,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Decker Retirement Planning Inc. raised its holdings in shares of Palantir Technologies by 778.7% in the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock worth $11,187,000 after acquiring an additional 54,347 shares during the last quarter. Vanguard Group Inc. boosted its stake in Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after purchasing an additional 7,194,216 shares during the last quarter. Prentice Wealth Management LLC bought a new stake in Palantir Technologies during the 3rd quarter worth approximately $550,000. Watershed Private Wealth LLC raised its stake in shares of Palantir Technologies by 75.3% in the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock worth $1,423,000 after purchasing an additional 3,350 shares during the last quarter. Finally, GAM Holding AG lifted its holdings in shares of Palantir Technologies by 39.0% in the third quarter. GAM Holding AG now owns 13,788 shares of the company’s stock valued at $2,515,000 after purchasing an additional 3,868 shares in the last quarter. 45.65% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Palantir Technologies news, insider David A. Glazer sold 17,438 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the sale, the insider directly owned 392,370 shares of the company’s stock, valued at $52,467,716.40. This represents a 4.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jeffrey Buckley sold 1,232 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total transaction of $159,026.56. Following the transaction, the insider owned 43,108 shares of the company’s stock, valued at $5,564,380.64. This represents a 2.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,054,279 shares of company stock worth $142,212,233 in the last ninety days. 9.23% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. DA Davidson cut their target price on Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 3rd. Citigroup increased their price target on Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a research report on Tuesday, February 3rd. Wall Street Zen cut Palantir Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Jefferies Financial Group set a $208.00 price objective on shares of Palantir Technologies in a report on Thursday, January 22nd. Finally, The Goldman Sachs Group reduced their target price on shares of Palantir Technologies from $188.00 to $182.00 in a research note on Tuesday, February 3rd. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $192.68.

Palantir Technologies Price Performance

NASDAQ:PLTR opened at $157.16 on Friday. The company has a market capitalization of $375.88 billion, a P/E ratio of 249.46, a P/E/G ratio of 2.94 and a beta of 1.70. The business has a fifty day simple moving average of $155.48 and a two-hundred day simple moving average of $168.91. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings results on Monday, February 2nd. The company reported $0.25 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 return on equity of 23.81% and a net margin of 36.31%.The business’s revenue for the quarter was up 70.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.14 EPS. As a group, analysts anticipate 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: Geopolitical tailwind — Traders and analysts see Palantir as a direct beneficiary of the U.S.-Iran conflict given its deep ties to military and intelligence customers; defensive/A.I. spending expectations helped push the stock higher this week. Palantir rallies 15% for the week as Iran war boosts prospects, muting Anthropic concern
• Positive Sentiment: Legal win reduces IP/staff‑poaching risk — Court documents made public show a judge barred former employees from using Palantir’s proprietary data and soliciting staff, removing a near‑term competitive/legal overhang. Why Palantir Technologies Stock Popped on Friday
• Positive Sentiment: Analyst and estimate momentum — Piper Sandler and others have reiterated bullish ratings and several shops have lifted targets; earnings‑estimate revisions are trending higher, supporting the bullish narrative. Piper Sandler Remains a Buy on Palantir (PLTR) Earnings Estimates Moving Higher for Palantir
• Positive Sentiment: Strong fundamentals and AI traction — Recent results showed high revenue growth and expanding margins; investors cite Palantir’s AIP product and commercial momentum as durable growth drivers. Palantir Stock Rallies 12% in a Month: Buy, Hold, or Sell?
• Neutral Sentiment: Anthropic saga is unresolved — The Pentagon’s actions against Anthropic create both opportunity (less competition for defense work) and uncertainty; Anthropic vows to fight the designation, which keeps the outcome cloudy for contractors. Anthropic Vows Legal Fight Against Pentagon Sanction in AI Feud
• Negative Sentiment: Technical / product risk from Anthropic unwind — Reports say Palantir may need to replace Anthropic‑based components in key defense platforms, which could be costly and disruptive to Maven/AIP integrations. Palantir Faces Costly AI Overhaul After Trump Administration Bans Anthropic From Pentagon Work
• Negative Sentiment: Insider selling headline — High‑profile share sales (Peter Thiel) have grabbed attention; analysts mostly call it routine liquidity, but it can add short‑term sentiment pressure. Thiel Cashes Out $280M While the Palantir Faithful Do the Math
• Neutral Sentiment: Macro/tech weakness can dent gains — broader tech selling and global market jitters can cap upside even as defense names rally; expect headline‑driven volatility. TSLA, PLTR and SMCI Forecast – Tech Stocks Under Pressure Early

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.