New York State Teachers Retirement System Purchases 89,260 Shares of Palantir Technologies Inc. $PLTR

New York State Teachers Retirement System lifted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 5.0% in the third quarter, HoldingsChannel reports. The fund owned 1,867,162 shares of the company’s stock after buying an additional 89,260 shares during the period. Palantir Technologies accounts for approximately 0.7% of New York State Teachers Retirement System’s investment portfolio, making the stock its 21st largest holding. New York State Teachers Retirement System’s holdings in Palantir Technologies were worth $340,608,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in PLTR. Revolve Wealth Partners LLC bought a new stake in Palantir Technologies during the 4th quarter worth about $450,000. Bison Wealth LLC grew its position in shares of Palantir Technologies by 37.4% during the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after buying an additional 4,667 shares during the period. Capstone Wealth Management Group LLC raised its stake in shares of Palantir Technologies by 38.0% during the first quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock worth $1,447,000 after buying an additional 4,722 shares during the last quarter. Advisors Capital Management LLC acquired a new position in Palantir Technologies in the first quarter valued at approximately $278,000. Finally, Jacobi Capital Management LLC lifted its holdings in Palantir Technologies by 10.4% in the first quarter. Jacobi Capital Management LLC now owns 8,666 shares of the company’s stock valued at $731,000 after buying an additional 815 shares during the period. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies News Summary

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

• Positive Sentiment: Bullish analyst views and price targets — Truist and other firms have renewed buy ratings and multi‑hundred dollar targets, and one analyst says PLTR could gain another ~20% in 2026, supporting upside potential. 1 Analyst Is Betting That Palantir Stock Can Gain Another 20% in 2026
• Positive Sentiment: Defense-sector tailwinds and government work chatter—reports that PLTR and other defense names are positioned to benefit from higher defense budgets and recent industry events have helped push interest in the stock. Palantir, Two Other Defense Names Head Toward Wins After Volatile Industry Week
• Positive Sentiment: Buy ratings tied to expanding AI backlog — some brokerages cite growing enterprise and government AI demand and reiterate buy ratings with high targets (e.g., BofA, others), reinforcing a bullish case ahead of 2025 results. Palantir (PLTR) Gets Buy Rating Amid Expanding AI Backlog
• Neutral Sentiment: Market speculation about PLTR’s role in a high‑profile international event (Venezuela) is driving chatter and short‑term volume, but details remain unconfirmed—this fuels momentum but increases event‑driven volatility. Palantir Involved in the Capture of Nicolás Maduro? Markets Think Peter Thiel-Linked Company ‘Heavily Involved,’ Says This Industry Commentator
• Neutral Sentiment: Analyst comparisons and AI sector context — research pieces comparing PLTR to incumbents like Oracle highlight PLTR’s AI infrastructure exposure but present tradeoffs (growth vs valuation), useful for positioning but not an immediate catalyst. Palantir or Oracle? AI Analyst Picks the Best AI Stock
• Neutral Sentiment: Consensus and valuation notes — brokerages’ consensus sits around a “hold” for some firms and median price targets are near the $200 area; high multiples keep expectations elevated. Palantir Technologies Inc. (NASDAQ:PLTR) Receives Consensus Recommendation of “Hold” from Brokerages
• Negative Sentiment: High‑profile selling — Cathie Wood/ARK sold roughly $10M+ of PLTR recently, a visible institutional exit that can weigh on sentiment and liquidity expectations. PLTR: Cathie Wood Dumps $10 Million in Palantir Stock
• Negative Sentiment: Multiple insider and large investor sales — filings show director and other insider sales totaling millions, and coverage noting significant insider selling history, which raises governance/valuation red flags for some investors. Insider Selling: Palantir Technologies (NASDAQ:PLTR) Director Sells $616,590.00 in Stock Palantir Technologies (NASDAQ:PLTR) Insider Sells $2,176,200.00 in Stock
• Negative Sentiment: Veteran analyst warning — at least one experienced analyst has flagged legal/ reputational risk after coverage of the Venezuela episode, which could increase regulatory and contract‑risk premium. Veteran analyst sounds alarm on Palantir stock after Venezuela raid
• Negative Sentiment: Hedge fund/elite investor moves — reports that Israel Englander trimmed PLTR while rotating into other high‑momentum names adds to narrative of profit‑taking among seasoned allocators. Billionaire Israel Englander Sells Palantir Stock and Buys an AI Stock Up 27,300% Since Its IPO

Palantir Technologies Price Performance

Shares of Palantir Technologies stock opened at $177.49 on Friday. Palantir Technologies Inc. has a 1 year low of $63.40 and a 1 year high of $207.52. The business has a 50-day moving average of $179.21 and a two-hundred day moving average of $170.62. The company has a market capitalization of $423.04 billion, a P/E ratio of 422.61, a price-to-earnings-growth ratio of 4.47 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.04. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period in the previous year, the firm earned $0.10 EPS. Palantir Technologies’s quarterly revenue was up 62.8% compared to the same quarter last year. On average, equities analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on PLTR. Cantor Fitzgerald lifted their target price on shares of Palantir Technologies from $155.00 to $198.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Robert W. Baird upped their price objective on Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Piper Sandler increased their target price on Palantir Technologies from $201.00 to $225.00 and gave the company an “overweight” rating in a research note on Tuesday, November 4th. Citigroup raised their target price on Palantir Technologies from $190.00 to $210.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Finally, HSBC upped their price target on Palantir Technologies from $181.00 to $197.00 and gave the company a “hold” rating in a research note on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $174.69.

Insiders Place Their Bets

In related news, insider Shyam Sankar sold 19,004 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $156.25, for a total value of $2,969,375.00. Following the completion of the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $100,435,312.50. This represents a 2.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Lauren Elaina Friedman Stat sold 3,400 shares of Palantir Technologies stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $181.35, for a total value of $616,590.00. Following the completion of the sale, the director directly owned 58,687 shares in the company, valued at $10,642,887.45. This represents a 5.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,023,444 shares of company stock worth $167,394,629 in the last ninety days. 9.23% of the stock is owned by insiders.

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.