Meeder Asset Management Inc. Sells 77,539 Shares of Palantir Technologies Inc. $PLTR

Meeder Asset Management Inc. decreased its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 98.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,207 shares of the company’s stock after selling 77,539 shares during the period. Meeder Asset Management Inc.’s holdings in Palantir Technologies were worth $220,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Palantir Technologies by 3.6% in the second 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 in the last quarter. State Street Corp raised its stake 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 valued at $12,879,667,000 after buying an additional 6,097,629 shares in the last quarter. Norges Bank bought a new position in shares of Palantir Technologies during the 2nd quarter worth about $3,307,457,000. Invesco Ltd. boosted 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 acquiring an additional 2,838,300 shares in the last quarter. Finally, Kingstone Capital Partners Texas LLC acquired a new stake in shares of Palantir Technologies during the 2nd quarter valued at about $2,543,888,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $179.41 on Tuesday. The business’s fifty day moving average is $178.66 and its two-hundred day moving average is $171.06. The firm has a market cap of $427.61 billion, a P/E ratio of 427.18, a P/E/G ratio of 4.47 and a beta of 1.54. Palantir Technologies Inc. has a 52 week low of $63.40 and a 52 week high of $207.52.

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

Insider Buying and Selling

In related news, insider Alexander C. Karp sold 359,325 shares of the firm’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 $58,925,706.75. Following the completion of the sale, the insider owned 6,432,258 shares of the company’s stock, valued at $1,054,825,989.42. This trade represents a 5.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider David A. Glazer sold 15,557 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction 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. This trade represents a 3.61% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,023,444 shares of company stock valued at $167,394,629. Insiders own 12.93% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on PLTR. UBS Group raised their price target on shares of Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Zacks Research upgraded Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. Deutsche Bank Aktiengesellschaft upped their price target on Palantir Technologies from $160.00 to $200.00 and gave the company a “hold” rating in a research report on Tuesday, November 4th. Morgan Stanley increased their price objective on Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 4th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Palantir Technologies in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Palantir Technologies has a consensus rating of “Hold” and a consensus price target of $175.88.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Citi Research upgraded PLTR to a Buy and raised its 2026 price target to $235 (from $210), citing strong sales/margin momentum and upside to 2026 estimates — a major near-term positive for investor sentiment. Palantir Stock Climbs on Citi Upgrade
• Positive Sentiment: Multiple outlets highlight Palantir as a top beneficiary of an AI “supercycle” (enterprise AI, agentic AI and defense spending), reinforcing growth expectations that support higher multiples. Palantir’s stock could benefit from this ‘supercycle’
• Positive Sentiment: Truist initiated coverage with a Buy, adding another institutional endorsement that lends support to the stock’s momentum. Truist Initiates Palantir as Buy
• Neutral Sentiment: Palantir scheduled its Q4 & full-year 2025 earnings release and webcast for Feb. 2 (post-close), which is a clear near-term catalyst — results and guidance will likely drive volatility. Earnings Release and Webcast Announcement
• Neutral Sentiment: Reported short-interest data for Jan. 12 shows an anomalous “large increase” entry but lists 0 shares/NaN change and a 0.0 days ratio — likely a reporting/data error, so it probably isn’t a meaningful market driver.
• Negative Sentiment: Several analysts/commentary warn valuation risk and the potential for a pullback (one piece flags $150 as a key level for bulls); elevated multiples mean earnings/guidance shortfalls could trigger sharp declines. Palantir: $150 Price Key For Bulls

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.