Palantir Technologies Inc. $PLTR Shares Purchased by IFM Investors Pty Ltd

IFM Investors Pty Ltd boosted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 441,330 shares of the company’s stock after purchasing an additional 4,434 shares during the quarter. Palantir Technologies makes up about 0.7% of IFM Investors Pty Ltd’s investment portfolio, making the stock its 20th largest holding. IFM Investors Pty Ltd’s holdings in Palantir Technologies were worth $78,446,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in PLTR. Norges Bank acquired a new position in Palantir Technologies in the fourth quarter worth $5,149,641,000. Vanguard Group Inc. boosted its holdings in Palantir Technologies by 4.0% in the third quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock worth $39,017,133,000 after purchasing an additional 8,168,604 shares during the period. State Street Corp boosted its holdings in Palantir Technologies by 7.2% in the third 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 boosted its holdings in Palantir Technologies by 38.7% in the third 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. Finally, Daiwa Securities Group Inc. boosted its holdings in Palantir Technologies by 637.5% in the fourth quarter. Daiwa Securities Group Inc. now owns 4,459,068 shares of the company’s stock worth $792,610,000 after purchasing an additional 3,854,452 shares during the period. Institutional investors and hedge funds own 45.65% of the company’s stock.

More Palantir Technologies News

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

• Positive Sentiment: Palantir continues to win attention for real enterprise adoption, including a new AI platform with Kirkland & Ellis and commentary suggesting major AI labs and customers rely on Palantir infrastructure. Palantir (PLTR) and Kirkland & Ellis Launch AI-Powered Platform to Streamline Private Equity Fundraising
• Positive Sentiment: Several reports frame Palantir as a long-term AI leader with strong growth momentum, and Wedbush reiterated an Outperform view, which may help support the stock. Wedbush Gives a Thumbs Up to Palantir’s AIPCon, But I Think AIPCon 2026 Was a Dud for PLTR Stock
• Neutral Sentiment: Technical traders say PLTR is testing an important support zone, so the next move may depend on whether buyers defend current levels or sellers force another leg lower. Palantir (PLTR) Price Forecast: Reversal Zone Could Shape Next Trend
• Negative Sentiment: Bearish commentary is growing around Palantir’s premium valuation, with some pieces warning that the stock remains expensive and vulnerable if AI sentiment cools. Palantir Stock Has Fallen More Than 35% From Its High. Is This the Pullback Long-Term AI Investors Have Been Waiting For?
• Negative Sentiment: Investor concern was also amplified by headlines about Michael Burry’s short position and broader warnings that AI stocks could face more downside if the market rotation away from high-multiple tech continues. Michael Burry’s NVDA, PLTR Shorts Are Paying Off—And More Trouble May Be Coming For AI Stocks

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. HSBC downgraded shares of Palantir Technologies from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $205.00 to $151.00 in a report on Friday, May 1st. Citigroup lifted their price objective on shares of Palantir Technologies from $210.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. DA Davidson cut their target price on Palantir Technologies from $180.00 to $165.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Freedom Capital upgraded Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, February 13th. Finally, Zacks Research upgraded Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Palantir Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $192.76.

Insider Buying and Selling at Palantir Technologies

In related news, Director Lauren Elaina Friedman Stat sold 1,598 shares of Palantir Technologies stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $160.00, for a total transaction of $255,680.00. Following the sale, the director directly owned 55,022 shares in the company, valued at $8,803,520. The trade was a 2.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Stephen Andrew Cohen sold 319,934 shares of Palantir Technologies stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $43,523,821.36. Following the sale, the insider owned 592 shares in the company, valued at approximately $80,535.68. This represents a 99.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 925,789 shares of company stock valued at $126,007,032. 9.53% of the stock is currently owned by insiders.

Palantir Technologies Stock Performance

PLTR stock opened at $131.08 on Friday. The stock has a market capitalization of $314.24 billion, a price-to-earnings ratio of 147.28, a PEG ratio of 2.07 and a beta of 1.53. Palantir Technologies Inc. has a 1 year low of $122.68 and a 1 year high of $207.52. The stock’s fifty day moving average is $139.91 and its two-hundred day moving average is $153.94.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, May 4th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.05. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The firm’s quarterly revenue was up 84.7% compared to the same quarter last year. During the same period last year, the business posted $0.13 earnings per share. As a group, analysts predict that Palantir Technologies Inc. will post 1.18 EPS for the current fiscal year.

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.