Capital Research Global Investors Reduces Position in Palantir Technologies Inc. $PLTR

Capital Research Global Investors trimmed its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 43.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,271,352 shares of the company’s stock after selling 980,660 shares during the period. Capital Research Global Investors owned 0.05% of Palantir Technologies worth $231,920,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Decker Retirement Planning Inc. boosted its position in shares of Palantir Technologies by 778.7% in the third 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 period. Vanguard Group Inc. boosted its holdings in Palantir Technologies by 3.6% in the 2nd 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 period. Prentice Wealth Management LLC bought a new stake in Palantir Technologies during the third quarter valued at about $550,000. Watershed Private Wealth LLC lifted its position in shares of 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 in the last quarter. Finally, GAM Holding AG boosted its stake in shares of Palantir Technologies by 39.0% in the third quarter. GAM Holding AG now owns 13,788 shares of the company’s stock worth $2,515,000 after acquiring an additional 3,868 shares during the period. Institutional investors own 45.65% of the company’s stock.

Insider Activity

In related news, insider Alexander C. Karp sold 493,025 shares of the company’s stock in a transaction dated 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 completion of the sale, the insider owned 6,432,258 shares of the company’s stock, valued at approximately $860,507,475.24. This represents a 7.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 value of $159,026.56. Following the transaction, the insider owned 43,108 shares in the company, valued at approximately $5,564,380.64. This represents a 2.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,054,279 shares of company stock worth $142,212,233. 12.93% of the stock is currently owned by corporate insiders.

Palantir Technologies Price Performance

Palantir Technologies stock opened at $151.14 on Wednesday. The stock has a market capitalization of $361.48 billion, a price-to-earnings ratio of 239.91, a PEG ratio of 3.10 and a beta of 1.70. The business has a fifty day moving average price of $154.33 and a 200-day moving average price of $169.03. Palantir Technologies Inc. has a 1-year low of $66.12 and a 1-year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.02. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the prior year, the firm earned $0.14 EPS. The firm’s revenue was up 70.0% on a year-over-year basis. On average, equities research analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Polymarket partnership expands Palantir’s commercial AIP footprint — Palantir and TWG AI will supply the Vergence AI engine to build a sports‑integrity platform that screens prohibited users and flags suspicious bets, demonstrating another non‑government revenue use case for Palantir’s AI/compliance tools. Polymarket Joins Forces with Palantir
• Positive Sentiment: Defense & AI demand remains a tailwind — multiple outlets highlight Palantir as a leader in the AI‑defense trade and note accelerating commercial revenue (Q4 +70%), supporting the bull case for continued contract wins. Palantir And Rocket Lab Are Leading The AI Defense Trade
• Positive Sentiment: Analyst interest and price targets remain supportive — recent coverage shows several buy/outperform calls and a median six‑month target around $200, keeping longer‑term sentiment tilted bullish despite volatility. QuiverQuant PLTR Q4 revenue coverage
• Neutral Sentiment: Sector/valuation dynamics may be influencing flows — strong earnings elsewhere (e.g., CrowdStrike) and debate over AI winners’ valuations are creating rotation within tech, which can temporarily pressure richly‑valued names like Palantir. CrowdStrike Delivered a Blowout Quarter—and the Stock Yawned
• Neutral Sentiment: Market commentary points to macro/geopolitical drivers — some outlets say today’s pullback looks more like broader geopolitical/macro positioning than fresh fundamental weakness at Palantir. Why Palantir Stock (PLTR) Is Down Today
• Negative Sentiment: Major insider selling headlines are weighing on sentiment — reports noted large insider sales across Palantir’s insider base and an aggregated ~$9.6B of high‑profile insider sell activity in AI leaders, which can trigger profit‑taking and amplify downside. Nvidia and Palantir Insiders Dump $9.6 Billion
• Negative Sentiment: Short‑term price pullback documented — market reports show PLTR down intraday versus recent close, consistent with profit‑taking after the stock’s strong multi‑week rally. Palantir Declines More Than Market

Wall Street Analysts Forecast Growth

PLTR has been the topic of several recent analyst reports. The Goldman Sachs Group decreased their target price on Palantir Technologies from $188.00 to $182.00 in a research note on Tuesday, February 3rd. UBS Group upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and reduced their price objective for the company from $180.00 to $150.00 in a research report on Thursday, February 26th. DA Davidson lowered their target price on shares of Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating on the stock in a report on Tuesday, February 3rd. Jefferies Financial Group set a $208.00 price objective on shares of Palantir Technologies in a report on Thursday, January 22nd. Finally, Rosenblatt Securities initiated coverage on shares of Palantir Technologies in a research note on Friday, February 27th. They issued a “buy” rating and a $150.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $192.68.

Palantir Technologies Company Profile

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.