Palantir Technologies Inc. $PLTR Shares Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS raised its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 862,000 shares of the company’s stock after acquiring an additional 13,200 shares during the period. Palantir Technologies makes up about 0.6% of KLP Kapitalforvaltning AS’s portfolio, making the stock its 21st biggest position. KLP Kapitalforvaltning AS’s holdings in Palantir Technologies were worth $153,220,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its stake in 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 acquiring an additional 8,168,604 shares during the period. State Street Corp lifted its stake in Palantir Technologies by 7.2% during the 3rd quarter. State Street Corp now owns 101,258,899 shares of the company’s stock valued at $18,471,648,000 after acquiring an additional 6,777,771 shares during the period. Invesco Ltd. lifted its stake in Palantir Technologies by 5.9% during the 3rd quarter. Invesco Ltd. now owns 21,798,785 shares of the company’s stock valued at $3,976,534,000 after acquiring an additional 1,213,529 shares during the period. Northern Trust Corp lifted its stake in Palantir Technologies by 3.8% during the 3rd quarter. Northern Trust Corp now owns 21,088,462 shares of the company’s stock valued at $3,846,957,000 after acquiring an additional 769,238 shares during the period. Finally, Amundi lifted its stake in Palantir Technologies by 38.7% during the 3rd quarter. Amundi now owns 15,679,158 shares of the company’s stock valued at $2,814,879,000 after acquiring an additional 4,373,201 shares during the period. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR opened at $145.97 on Wednesday. The firm has a market cap of $349.11 billion, a PE ratio of 231.70, a PEG ratio of 2.81 and a beta of 1.68. The firm has a fifty day moving average of $143.91 and a 200 day moving average of $164.36. Palantir Technologies Inc. has a one year low of $91.35 and a one 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, topping the consensus estimate of $0.23 by $0.02. The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The firm’s revenue was up 70.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.14 EPS. On average, equities analysts predict that Palantir Technologies Inc. will post 1.05 EPS for the current fiscal year.

Palantir Technologies News Summary

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

• Positive Sentiment: Won a $300 million USDA contract to apply Palantir software to farmland management — a material commercial/government deal that adds predictable revenue and diversifies Palantir’s government-heavy customer mix. Palantir inks $300 million deal with USDA to safeguard food supply
• Positive Sentiment: Secured a sole‑source FAA data modernization contract and is a finalist for the SMART AI project — expands foothold in critical U.S. infrastructure and signals multi‑year government spending upside. Palantir’s FAA Win And Manifesto Reframe Long Term Government Risk Profile
• Positive Sentiment: Analyst and bull narratives highlight accelerating revenue, strong margins, and potential Pentagon budget tailwinds (plus political endorsements) that support a growth/defense trade thesis. These narratives help justify a premium multiple for now. Palantir Gains Support as Analysts See Strong Growth Ahead
• Neutral Sentiment: Market activity: heavy options interest and call buying keep volatility and sentiment elevated — can amplify moves in either direction. Palantir Stock Still Popular With Call Traders
• Neutral Sentiment: Competitive/market dynamics: Anthropic’s shift to usage-based AI pricing raises long‑term pressure on enterprise AI economics and could force Palantir to adapt pricing or product bundling. Anthropic’s pricing shift just raised the stakes for Palantir: Here’s why
• Negative Sentiment: CEO Alex Karp’s 22‑point manifesto has drawn intense backlash (UK lawmakers, social media) and political attention — heightening reputational and regulatory risk that could complicate government sales or public perception. Palantir published a mini manifesto calling some cultures ‘harmful and middling’ and said Silicon Valley has ‘a moral debt’ to the U.S.
• Negative Sentiment: Valuation and tax/political scrutiny: opinion pieces warn the stock is overvalued (one calls for an 80% downside), and a public tax debate raises political risk. Elevated P/E and vocal critics can pressure the share price if growth or margins slip. Prediction: Palantir Stock Could Fall 80% Further
• Negative Sentiment: Recent headlines and price volatility: articles noting large YTD drops and tumbling share moves underscore how quickly sentiment can flip on valuation or political headlines. Palantir (PLTR) Stock Tumbles 18% Despite Presidential Endorsement and Stellar Earnings

Wall Street Analyst Weigh In

PLTR has been the subject of several research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $200.00 price objective on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Rosenblatt Securities reaffirmed a “buy” rating and set a $200.00 target price on shares of Palantir Technologies in a report on Wednesday, March 25th. The Goldman Sachs Group cut their target price on shares of Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. Wedbush reaffirmed an “outperform” rating and set a $230.00 target price on shares of Palantir Technologies in a report on Friday, April 10th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Palantir Technologies in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Palantir Technologies has an average rating of “Moderate Buy” and a consensus target price of $197.32.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Alexander C. Karp sold 493,025 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the sale, the insider owned 6,432,258 shares of the company’s stock, valued at $860,507,475.24. The trade was a 7.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total transaction of $159,026.56. Following the sale, the insider directly owned 43,108 shares in the company, valued at approximately $5,564,380.64. This trade represents a 2.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,029,879 shares of company stock worth $137,746,253 over the last 90 days. Corporate insiders own 12.93% of the company’s stock.

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.