US Bancorp DE Increases Position in Palantir Technologies Inc. $PLTR

US Bancorp DE raised its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 8.3% in the 3rd quarter, Holdings Channel reports. The fund owned 480,438 shares of the company’s stock after acquiring an additional 36,651 shares during the period. US Bancorp DE’s holdings in Palantir Technologies were worth $87,642,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LFA Lugano Financial Advisors SA acquired a new position in Palantir Technologies during the 2nd quarter worth approximately $27,000. Delos Wealth Advisors LLC purchased a new stake in shares of Palantir Technologies in the second quarter valued at approximately $29,000. Zeit Capital LLC purchased a new stake in shares of Palantir Technologies in the second quarter valued at approximately $30,000. Financial Consulate Inc. acquired a new position in Palantir Technologies during the third quarter worth $30,000. Finally, GS Investments Inc. purchased a new position in Palantir Technologies in the second quarter worth $31,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analysts Set New Price Targets

PLTR has been the topic of a number of recent analyst reports. Daiwa Securities Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price target on the stock in a research note on Tuesday, February 10th. 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 research report on Tuesday, February 3rd. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday, February 2nd. Phillip Securities began coverage on Palantir Technologies in a research note on Thursday, January 22nd. They set a “buy” rating and a $208.00 price target on the stock. Finally, Morgan Stanley lifted their price objective on Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $191.05.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Q4 beat and revenue acceleration: Palantir reported strong FQ4 results (revenue up ~70% YoY and EPS above estimates), reinforcing the company’s growth narrative and supporting bullish analyst views. Palantir Stock Surges on Dual Buy Upgrades
• Positive Sentiment: Analyst upgrades lift sentiment: UBS and other shops have moved to Buy or Outperform (UBS set a $180 target), which improves near-term demand from institutional investors. Palantir upgraded by UBS
• Positive Sentiment: New partnerships and defense wins: Palantir announced strategic partnerships (Rackspace for AI deployments) and a GE Aerospace engagement tied to a U.S. defense contract, plus expanded DISA cloud authorization — all supporting secular AI and government revenue growth. Palantir partners with Rackspace Palantir shares higher on GE Aerospace deal
• Neutral Sentiment: Analyst and investor debate on valuation: Several outlets frame the recent pullback as a buying opportunity, but PLTR still trades at a premium multiple — the market remains split on whether AIP adoption will fully justify the valuation. Can Palantir justify a premium price?
• Negative Sentiment: Large insider sales: Multiple recent filings show sizable insider disposals (examples: $65.96M sale). Heavy insider selling is increasing supply and weighing on sentiment. Insider Selling: $65,956,884.50
• Negative Sentiment: More insider selling: Additional large insider transactions were reported ($43.74M and $22.47M filings), adding to the recent >$140M of insider sales flagged by market monitors. Insider Selling: $43,738,207.36 Insider Selling: $22,465,494.88
• Negative Sentiment: High-profile skeptics and political scrutiny: Public criticism (e.g., valuation skeptics like Michael Burry) and reports of well-timed political trades add reputational and regulatory risk that can amplify downside on any growth miss. Michael Burry says Palantir is worth $46

Insider Transactions at Palantir Technologies

In related news, insider Ryan D. Taylor sold 19,988 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,672,795.36. Following the transaction, the insider directly owned 219,421 shares in the company, valued at approximately $29,340,976.12. This represents a 8.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider David A. Glazer sold 17,438 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $2,331,809.36. Following the completion of the sale, the insider owned 392,370 shares of the company’s stock, valued at $52,467,716.40. This trade represents a 4.26% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,054,279 shares of company stock valued at $142,212,233. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies Price Performance

NASDAQ:PLTR opened at $135.94 on Friday. Palantir Technologies Inc. has a 1-year low of $66.12 and a 1-year high of $207.52. The firm has a 50 day simple moving average of $160.79 and a 200-day simple moving average of $170.25. The firm has a market cap of $324.00 billion, a PE ratio of 215.78, a P/E/G ratio of 2.58 and a beta of 1.64.

Palantir Technologies (NASDAQ:PLTR) last released its 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. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the previous year, the company earned $0.14 EPS. Palantir Technologies’s revenue for the quarter was up 70.0% on a year-over-year basis. As a group, sell-side analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share 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.