Wealthfront Advisers LLC Raises Position in Palantir Technologies Inc. $PLTR

Wealthfront Advisers LLC lifted its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 1.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 552,907 shares of the company’s stock after buying an additional 8,072 shares during the period. Wealthfront Advisers LLC’s holdings in Palantir Technologies were worth $100,861,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank purchased a new position in shares of Palantir Technologies in the second quarter worth $3,307,457,000. Vanguard Group Inc. lifted its stake in Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after acquiring an additional 7,194,216 shares during the period. State Street Corp boosted its holdings in shares of Palantir Technologies by 6.9% during the 2nd quarter. State Street Corp now owns 94,481,128 shares of the company’s stock valued at $12,879,667,000 after acquiring an additional 6,097,629 shares during the last quarter. Invesco Ltd. grew its stake in shares of Palantir Technologies by 16.0% in the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock worth $2,806,182,000 after acquiring an additional 2,838,300 shares during the period. Finally, Clear Street LLC bought a new position in Palantir Technologies during the second quarter valued at approximately $295,508,000. Institutional investors 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: Analysts and investors point to rising adoption of Palantir’s AIP and platform integrations as a multi-year growth driver — the argument is that customers are shifting budgets into integration layers where Palantir competes, supporting stronger forward revenue expectations. Read More.
• Positive Sentiment: Recent quarter beat consensus on both revenue and EPS, management raised an aggressive revenue growth guide (~61% for 2026) and commentary about customer momentum is cited as a reason for the re-rating. Read More.
• Positive Sentiment: Palantir announced a strategic partnership with Cognizant to accelerate AI-driven healthcare modernization — this expands go-to-market reach in a large vertical and gives an additional commercial growth vector. Read More.
• Neutral Sentiment: Market commentary is mixed: some outlets recommend buying the dip because of growth, while others caution that the stock remains a high-volatility, valuation-sensitive name — expect continued headline-driven moves. Read More.
• Neutral Sentiment: Broader software/AI rotation and lists of software ideas include PLTR; these curate interest but don’t change the valuation debate — useful for flows but not a fundamental endorsement. Read More.
• Negative Sentiment: Michael Burry publicly warned of a potential 58% decline and flagged a head-&-shoulders technical pattern targeting roughly $60 — a high-profile bearish call that can pressure sentiment and trigger volatility. Read More.
• Negative Sentiment: Reputational noise after Forbes temporarily pulled and then reposted a profile citing Palantir’s ICE contracts — negative PR that can attract regulatory/ESG scrutiny for some investor groups. Read More.
• Negative Sentiment: Several opinion pieces warn the stock is richly valued and could face steep downside if growth expectations slip — these valuation narratives keep a portion of the sell-side and risk-averse investors on the sidelines. Read More.

Insider Activity

In other news, insider Jeffrey Buckley sold 1,252 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $157.50, for a total value of $197,190.00. Following the transaction, the insider owned 47,044 shares of the company’s stock, valued at approximately $7,409,430. The trade was a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ryan D. Taylor sold 12,000 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the transaction, the insider directly owned 239,409 shares of the company’s stock, valued at $43,416,822.15. The trade was a 4.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,023,844 shares of company stock valued at $167,455,085. Company insiders own 12.93% of the company’s stock.

Palantir Technologies Price Performance

Shares of PLTR stock opened at $142.94 on Tuesday. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The company’s fifty day moving average price is $173.35 and its 200-day moving average price is $173.30. The company has a market capitalization of $340.69 billion, a price-to-earnings ratio of 226.89, a PEG ratio of 2.61 and a beta of 1.64.

Palantir Technologies (NASDAQ:PLTR) last issued its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share 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 company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the prior year, the firm posted $0.14 EPS. Palantir Technologies’s quarterly revenue was up 70.0% compared to the same quarter last year. Equities research analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

PLTR has been the subject of a number of research reports. Bank of America boosted their target price on shares of Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. HSBC raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a report on Tuesday, February 3rd. Royal Bank Of Canada boosted their price target on Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research note on Tuesday, November 4th. Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. Finally, The Goldman Sachs Group cut their target price on shares of Palantir Technologies from $188.00 to $182.00 in a research report on Tuesday, February 3rd. Eleven investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Palantir Technologies presently has an average rating of “Hold” and a consensus target price of $191.95.

Palantir Technologies 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.