Massachusetts Financial Services Co. MA Lowers Stock Position in Palantir Technologies Inc. $PLTR

Massachusetts Financial Services Co. MA cut its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 36.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 245,664 shares of the company’s stock after selling 143,354 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Palantir Technologies were worth $43,667,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in PLTR. Vanguard Group Inc. grew its stake in shares of Palantir Technologies by 4.0% during the 3rd quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock valued at $39,017,133,000 after buying an additional 8,168,604 shares during the period. State Street Corp grew its holdings in shares of Palantir Technologies by 7.2% during the 3rd 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 period. Amundi grew its holdings in shares of Palantir Technologies by 38.7% during the 3rd quarter. Amundi now owns 15,679,158 shares of the company’s stock worth $2,814,879,000 after purchasing an additional 4,373,201 shares during the period. Wellington Management Group LLP grew its holdings in shares of Palantir Technologies by 228.0% during the 3rd quarter. Wellington Management Group LLP now owns 5,182,560 shares of the company’s stock worth $945,403,000 after purchasing an additional 3,602,471 shares during the period. Finally, Clear Street Group Inc. purchased a new stake in shares of Palantir Technologies during the 3rd quarter worth about $408,763,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. William Blair upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating in a report on Monday, February 2nd. DA Davidson decreased their target price on Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating for the company in a report on Tuesday, February 3rd. Benchmark assumed coverage on Palantir Technologies in a report on Wednesday, April 1st. They set a “hold” rating for the company. Daiwa Securities Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a research report on Tuesday, February 10th. Finally, Wedbush reaffirmed an “outperform” rating and set a $230.00 price target on shares of Palantir Technologies in a research report on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $197.32.

Palantir Technologies Stock Up 2.5%

NASDAQ PLTR opened at $135.63 on Wednesday. The stock has a market cap of $324.38 billion, a PE ratio of 215.29, a P/E/G ratio of 2.62 and a beta of 1.68. Palantir Technologies Inc. has a fifty-two week low of $89.31 and a fifty-two week high of $207.52. The business has a 50 day moving average price of $143.21 and a two-hundred day moving average price of $165.65.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The firm had revenue of $1.41 billion during 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%.Palantir Technologies’s quarterly revenue was up 70.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.14 EPS. Sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Large, visible buys from ARK Invest/Cathie Wood lifted sentiment and provided fresh demand into the name, supporting the rally. Palantir Stock Rises. Cathie Wood and Trump Give the AI Defense Play a Boost.
• Positive Sentiment: Public endorsement from former President Trump boosted retail/institutional visibility and momentum around Palantir’s defense positioning. Trump endorsed Palantir stock, and the market reacted
• Positive Sentiment: Broker and TV support (Wedbush reiterations, Jim Cramer backing) is countering recent selling and encouraging buyers who view Palantir as a sovereign/defense AI play. Ignore the Anthropic Panic and Keep Buying Palantir Stock, Says Wedbush Jim Cramer on Palantir: “I Think It’s Worked Its Way Back Over Time”
• Neutral Sentiment: Palantir scheduled its Q1 2026 earnings release and webcast for May 4 — a near-term catalyst that will likely amplify volatility. Palantir Announces Date of First Quarter 2026 Earnings Release and Webcast
• Neutral Sentiment: Ongoing defense and Space Symposium attention reinforces Palantir’s exposure to a growing government AI/defense spend theme — supportive but not a guarantee of near-term multiple expansion. Palantir, SpaceX, L3Harris and More Defense and AI Stars Align At Space Symposium 2026
• Neutral Sentiment: Coverage pieces noting daily price moves and market-beating returns help explain momentum flows but don’t change fundamentals. Palantir Technologies Inc. (PLTR) Surpasses Market Returns: Some Facts Worth Knowing
• Negative Sentiment: Billionaire Michael Burry’s public warning that Anthropic is a serious competitive threat amplified fear that rapidly growing AI incumbents could erode Palantir’s middleware moat — a clear downside catalyst for sentiment and valuation. Billionaire Michael Burry: Anthropic Is a Serious Threat to Palantir Stock
• Negative Sentiment: Analysis suggesting Anthropic’s rapid ARR growth is encroaching on Palantir’s middleware advantages adds fundamental risk to future growth assumptions. Palantir: Anthropic’s $30 Billion ARR Surge Is Eating The Middleware Moat
• Negative Sentiment: Mizuho trimmed its price target (to $185) citing valuation recalibration; that signals some analysts are trimming upside and reinforces caution for investors worried about stretched multiples. Palantir Sees Target Cut to $185 by Mizuho: Is the AI Darling Losing Its Luster?
• Negative Sentiment: Multiple think pieces asking if it’s time to “panic” and laying out bear cases highlight that Palantir’s high valuation makes it vulnerable to negative headlines and competitor-led disruption. Is It Time for Palantir Investors to Panic?

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Ryan D. Taylor sold 19,988 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 value of $2,672,795.36. Following the completion of the transaction, the insider directly owned 219,421 shares of the company’s stock, valued at $29,340,976.12. This represents a 8.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 completion of the transaction, the insider directly owned 392,370 shares of the company’s stock, valued at approximately $52,467,716.40. The trade was a 4.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,029,879 shares of company stock worth $137,746,253 over the last 90 days. 12.93% of the stock is owned by corporate 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.