Vestmark Advisory Solutions Inc. reduced its position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 56.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 91,589 shares of the company’s stock after selling 119,841 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Palantir Technologies were worth $16,708,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Decker Retirement Planning Inc. increased its position in Palantir Technologies by 778.7% in the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock worth $11,187,000 after purchasing an additional 54,347 shares during the last quarter. Vanguard Group Inc. increased its holdings in Palantir Technologies by 3.6% in the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after buying an additional 7,194,216 shares during the last quarter. Prentice Wealth Management LLC bought a new position in Palantir Technologies during the third quarter valued at approximately $550,000. Watershed Private Wealth LLC lifted its stake in Palantir Technologies by 75.3% in the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock valued at $1,423,000 after acquiring an additional 3,350 shares during the last quarter. Finally, State of Michigan Retirement System grew its position in Palantir Technologies by 1.3% in the second quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock worth $127,923,000 after acquiring an additional 12,300 shares in the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.
Key Palantir Technologies News
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Mizuho and other analysts upgraded PLTR, citing stronger AI growth prospects and better near-term visibility; that analyst lift is supporting buying interest. Palantir Technologies (NASDAQ:PLTR) Stock Price Up 1.8% Following Analyst Upgrade
- Positive Sentiment: Palantir announced a new ~ $1 billion government deal and its Palantir Federal Cloud Service (PFCS) Forward received a DoD authorization that streamlines deployment for defense customers — both boost visibility into large, recurring government revenue. Palantir Landed Its Next $1 Billion Deal
- Positive Sentiment: A U.S. judge temporarily blocked former Palantir staffers from poaching employees for a rival AI firm, protecting Palantir’s human capital and reducing near-term competitive risk. US judge blocks ex-Palantir staffers from poaching workers for new AI firm
- Neutral Sentiment: ISG launched a study of Palantir ecosystem partners (consulting, implementation and AI analytics) — this highlights partner traction but is an indirect catalyst for PLTR revenue. ISG to Assess Palantir Ecosystem Partners
- Neutral Sentiment: Partner headlines (Rackspace’s huge rally after an AI tie-up with Palantir) are driving wider attention to PLTR but the move mainly benefits the partner’s stock and may not immediately change Palantir fundamentals. Rackspace Surges Another 50% Higher on Palantir AI Partnership Hype
- Negative Sentiment: High-profile criticism from Michael Burry and media attention on CEO Alex Karp’s disclosed ~$17M private-jet bill have raised corporate-governance concerns and sparked negative headlines that can pressure the stock multiple. Palantir’s stock has dropped a third from its peak. Michael Burry has a new line of attack.
- Negative Sentiment: Short-term pressure from a legal dispute with Percepta and continued media scrutiny about executive expenses are keeping volatility elevated and could weigh on sentiment while headlines persist. What’s Going On With Palantir Stock Friday?
- Negative Sentiment: Broader software/AI rotation and a pullback in high-growth names have pushed PLTR lower year-to-date; even with improving fundamentals, elevated valuation and sector sentiment remain risk factors. Down 24% in 2026, Where Is Palantir Stock Headed Next and Should You Buy PLTR Here?
Palantir Technologies Trading Up 0.3%
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the prior year, the business earned $0.14 earnings per share. The firm’s revenue for the quarter was up 70.0% on a year-over-year basis. Research analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current year.
Analysts Set New Price Targets
PLTR has been the subject of several analyst reports. Piper Sandler reaffirmed an “overweight” rating and issued a $230.00 price objective on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Mizuho raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 price target for the company in a research report on Wednesday. Daiwa Securities Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price objective on the stock in a report on Tuesday, February 10th. Wall Street Zen lowered Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Finally, Argus raised Palantir Technologies to a “hold” rating in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Palantir Technologies currently has an average rating of “Hold” and a consensus target price of $191.05.
Get Our Latest Analysis on Palantir Technologies
Insider Activity at Palantir Technologies
In other Palantir Technologies news, insider Ryan D. Taylor sold 12,000 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the completion of the sale, the insider owned 239,409 shares of the company’s stock, valued at approximately $43,416,822.15. The trade was a 4.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Jeffrey Buckley sold 1,252 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $157.50, for a total value of $197,190.00. Following the completion of the transaction, the insider directly owned 47,044 shares in the company, valued at $7,409,430. This trade represents a 2.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 62,100 shares of company stock worth $10,576,379. Company insiders own 9.23% 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.
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