Farmers Trust Co. Has $9.88 Million Stock Holdings in Palantir Technologies Inc. $PLTR

Farmers Trust Co. reduced its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 10.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 55,559 shares of the company’s stock after selling 6,530 shares during the period. Palantir Technologies accounts for 1.6% of Farmers Trust Co.’s holdings, making the stock its 12th biggest holding. Farmers Trust Co.’s holdings in Palantir Technologies were worth $9,876,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Palantir Technologies by 4.0% during the third 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 in the last quarter. State Street Corp lifted its holdings in shares of Palantir Technologies by 7.2% in 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 in the last quarter. Norges Bank bought a new stake in Palantir Technologies during the 2nd quarter valued at $3,307,457,000. Invesco Ltd. lifted its stake in shares of Palantir Technologies by 5.9% in the third quarter. Invesco Ltd. now owns 21,798,785 shares of the company’s stock valued at $3,976,534,000 after buying an additional 1,213,529 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of Palantir Technologies by 3.8% during the third quarter. Northern Trust Corp now owns 21,088,462 shares of the company’s stock worth $3,846,957,000 after acquiring an additional 769,238 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies Stock Up 1.9%

Shares of Palantir Technologies stock opened at $155.68 on Friday. The company has a market capitalization of $372.34 billion, a price-to-earnings ratio of 247.12, a PEG ratio of 3.03 and a beta of 1.70. The stock’s 50-day simple moving average is $151.07 and its 200-day simple moving average is $168.64. Palantir Technologies Inc. has a 52 week low of $66.12 and a 52 week 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, topping the consensus estimate 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%.The firm’s revenue was up 70.0% on a year-over-year basis. During the same quarter last year, the business posted $0.14 earnings per share. On average, equities analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Daiwa Securities Group upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a research note on Tuesday, February 10th. Zacks Research lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Freedom Capital upgraded Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, February 13th. The Goldman Sachs Group reduced their target price on shares of Palantir Technologies from $188.00 to $182.00 in a research note on Tuesday, February 3rd. Finally, Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a research report on Tuesday, February 3rd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $196.32.

Insider Buying and Selling at Palantir Technologies

In other news, insider Alexander C. Karp sold 493,025 shares of Palantir Technologies stock in a transaction that occurred 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 in the company, valued at $860,507,475.24. This trade represents a 7.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Jeffrey Buckley sold 1,232 shares of the company’s 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 transaction, the insider owned 43,108 shares of the company’s stock, valued at approximately $5,564,380.64. This represents a 2.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,045,279 shares of company stock worth $140,539,043. Insiders own 9.23% of the company’s stock.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Mizuho reiterated an Outperform and kept a $195 price target after an executive meeting, signaling continued buy-side confidence from a sell‑side check-in. Palantir Gains as Mizuho Reiterates Outperform
• Positive Sentiment: UBS raised its price target to $200 (Buy), and other firms (Wedbush) have reiterated Outperform ratings — analyst upgrades/target hikes lift sentiment and provide near‑term demand. UBS raises PLTR price target
• Positive Sentiment: NVIDIA partnership on a sovereign‑AI reference architecture positions Palantir at the center of a high‑value government/commercial AI stack and increases TAM visibility. Nvidia and Palantir Are Partnering on Sovereign AI
• Positive Sentiment: Expanded partnerships with GE Aerospace and Ondas/World View deepen defense use‑cases (sustainment, ISR) and support Palantir’s large government pipeline. GE expanded Palantir AI deal
• Positive Sentiment: Big backlog and contract wins (including the $10B+ Army-related deal and an $11.2B revenue backlog cited by analysts) bolster forward revenue visibility and justify premium multiples. Palantir Has an $11.2 Billion Revenue Backlog
• Positive Sentiment: Commercial expansion: a new strategic partnership with Moder to build an AI mortgage operations platform highlights non‑government growth avenues. Palantir and Moder Partner to Transform Mortgage Industry
• Neutral Sentiment: Market commentary notes PLTR and peers “cooling off” YTD but keeps a constructive medium‑term outlook — could be a buying opportunity or a consolidation signal. NVIDIA and Palantir Cool Off in 2026
• Neutral Sentiment: Palantir appears in thematic ETF/fund narratives (ARKK coverage) and option‑flow stories — supportive for liquidity but not a binary catalyst. PLTR in ARKK / market commentary
• Negative Sentiment: High‑profile skeptics (Michael Burry) and recurring valuation concerns keep downside risk present; negative publicity or renewed short interest can weigh on momentum. Michael Burry Rails Against the Media Over Palantir Coverage
• Negative Sentiment: Some analysts and pieces argue “good company, bad bet” given lofty multiples — if growth expectations slip, multiple compression could trigger a pullback. Palantir At $150: Good Company, Bad Bet

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.