Avanza Fonder AB Takes Position in Palantir Technologies Inc. $PLTR

Avanza Fonder AB bought a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,373 shares of the company’s stock, valued at approximately $1,133,000.

Several other institutional investors and hedge funds have also bought and sold shares of PLTR. Norges Bank bought a new stake in Palantir Technologies in the second quarter valued at approximately $3,307,457,000. Vanguard Group Inc. grew its holdings in shares of Palantir Technologies by 4.0% in the third quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock worth $39,017,133,000 after purchasing an additional 8,168,604 shares during the last quarter. State Street Corp grew its holdings in shares of Palantir Technologies by 7.2% in the third quarter. State Street Corp now owns 101,258,899 shares of the company’s stock worth $18,471,648,000 after purchasing an additional 6,777,771 shares during the last quarter. Amundi increased its stake in shares of Palantir Technologies by 38.7% in the third quarter. Amundi now owns 15,679,158 shares of the company’s stock worth $2,814,879,000 after buying an additional 4,373,201 shares during the period. Finally, Wellington Management Group LLP increased its stake in shares of Palantir Technologies by 228.0% in the third quarter. Wellington Management Group LLP now owns 5,182,560 shares of the company’s stock worth $945,403,000 after buying an additional 3,602,471 shares during the period. 45.65% of the stock is currently owned by institutional investors.

Palantir Technologies Stock Down 3.8%

Shares of PLTR stock opened at $154.78 on Wednesday. The firm has a market capitalization of $370.18 billion, a price-to-earnings ratio of 245.69, a PEG ratio of 3.19 and a beta of 1.70. The stock has a fifty day moving average of $149.68 and a 200 day moving average of $168.82. Palantir Technologies Inc. has a 52 week low of $66.12 and a 52 week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued 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. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the previous year, the firm earned $0.14 EPS. The company’s quarterly revenue was up 70.0% compared to the same quarter last year. Equities research analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insider Activity

In related news, insider Stephen Andrew Cohen sold 327,088 shares of the business’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 $43,738,207.36. Following the transaction, the insider owned 592 shares in the company, valued at $79,162.24. The trade was a 99.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Alexander C. Karp sold 493,025 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the completion of the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $860,507,475.24. The trade was a 7.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 1,045,279 shares of company stock worth $140,539,043. 12.93% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Argus upgraded shares of Palantir Technologies to a “hold” rating in a report on Monday, February 9th. Freedom Capital upgraded shares of Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 13th. UBS Group upped their price objective on shares of Palantir Technologies from $180.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, March 18th. Northland Securities upgraded 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 report on Tuesday, February 3rd. Finally, Robert W. Baird raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price on the stock 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 issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Palantir Technologies has a consensus rating of “Moderate Buy” and an average price target of $196.32.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Pentagon formalized Palantir’s Maven Smart System as a program of record, which signals longer‑term, budget-backed DoD spending and underpinned earlier upside in the stock. Read More.
• Positive Sentiment: UK’s Financial Conduct Authority awarded a short trial to use Palantir’s Foundry on enforcement/fraud datasets; the FCA publicly defended the deal, reinforcing government/regulator demand for Palantir tech. Read More.
• Positive Sentiment: Commercial partnerships continue: Palantir announced an AI mortgage operations pilot with Moder and Freedom Mortgage and a deal to support Centrus Energy’s uranium‑enrichment expansion — signals of expanding enterprise use cases beyond defense. Read More. Read More.
• Neutral Sentiment: Analyst attention remains high with several bullish price targets and buy ratings (median targets well above current levels); that supports investor interest but also keeps volatility high around updates. Read More.
• Negative Sentiment: Despite the contract wins, PLTR traded lower today as the broader software/AI sector pulled back — investors rotated defensive and pared exposure to high‑multiple tech names. Coverage explaining the intraday drop cites sector weakness outweighing company headlines. Read More. Read More.
• Negative Sentiment: Valuation worries and cautionary analyst writeups remain a drag — some commentators call Palantir’s multiple extreme relative to fundamentals and warn of downside if growth slows. Read More.
• Negative Sentiment: Reputational/political risk: press coverage links Palantir to political controversies and CEO comments that could complicate public‑sector relations and invite scrutiny — a non‑financial risk investors watch. Read More.
• Negative Sentiment: Insider selling and large institutional position changes cited in datasets may add to investor caution; monitor disclosures for timing and context. Read More.

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.