Retirement Systems of Alabama Acquires 28,701 Shares of Palantir Technologies Inc. $PLTR

Retirement Systems of Alabama grew its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 6.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 485,140 shares of the company’s stock after buying an additional 28,701 shares during the quarter. Retirement Systems of Alabama’s holdings in Palantir Technologies were worth $88,499,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Signature Resources Capital Management LLC acquired a new position in Palantir Technologies in the 2nd quarter valued at $25,000. Briaud Financial Planning Inc acquired a new position in Palantir Technologies during the second quarter worth about $27,000. LFA Lugano Financial Advisors SA purchased a new stake in Palantir Technologies during the 2nd quarter valued at about $27,000. Frazier Financial Advisors LLC purchased a new stake in Palantir Technologies during the 2nd quarter valued at about $28,000. Finally, Delos Wealth Advisors LLC acquired a new stake in Palantir Technologies in the 2nd quarter valued at about $29,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Activity

In other Palantir Technologies news, Director Lauren Elaina Friedman Stat sold 3,400 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total value of $616,590.00. Following the sale, the director directly owned 58,687 shares of the company’s stock, valued at $10,642,887.45. This trade represents a 5.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jeffrey Buckley sold 1,252 shares of the firm’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 completion of the sale, the insider owned 47,044 shares in the company, valued at $7,409,430. The trade was a 2.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,023,444 shares of company stock worth $167,394,629 over the last quarter. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies Trading Up 2.2%

Shares of Palantir Technologies stock opened at $169.60 on Friday. The stock has a market capitalization of $404.23 billion, a P/E ratio of 403.82, a PEG ratio of 4.27 and a beta of 1.54. The business’s fifty day moving average price is $176.64 and its 200 day moving average price is $173.14. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.04. The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. Palantir Technologies’s revenue for the quarter was up 62.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.10 earnings per share. As a group, sell-side analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Analyst Ratings Changes

PLTR has been the subject of a number of recent analyst reports. Wall Street Zen lowered shares of Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Royal Bank Of Canada increased their price objective on Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a research report on Tuesday, November 4th. The Goldman Sachs Group upped their price target on Palantir Technologies from $141.00 to $188.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Morgan Stanley boosted their target price on Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 4th. Finally, Truist Financial initiated coverage on shares of Palantir Technologies in a report on Tuesday, January 6th. They set a “buy” rating and a $223.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $184.07.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Phillip Securities initiated coverage with a Buy and $208 price target, highlighting multi‑year revenue and margin upside that supports further upside from here. Palantir (PLTR) Stock: Why This Analyst Sees 25% Upside in 2025
• Positive Sentiment: Top sell‑side voices continue to call Palantir an AI “powerhouse” after Davos discussions and large commercial wins (e.g., Hyundai), which supports momentum into earnings. NVDA, PLTR: Daniel Ives Hails Nvidia and Palantir as AI Powerhouses at Davos
• Positive Sentiment: MarketBeat highlights an institutional‑buying metric bulls watch into earnings — suggesting “smart money” positioning could amplify a beat/guidance upgrade. The One Metric Bulls Watch in Palantir Before Earnings
• Neutral Sentiment: Mizuho reaffirmed a $205 12‑month target while keeping a cautious stance (Hold) — a sign that targets are elevated but some analysts are dialing back conviction. Palantir Stock Targeted at $205 by Mizuho as Growth Slows in 2026
• Neutral Sentiment: CEO comments on the AI cycle (“We’re in a lag right now.”) temper overheated expectations — useful context but not a hard directional signal ahead of earnings. Palantir CEO on the AI bubble: “We’re in a lag right now.”
• Neutral Sentiment: Investors should note the company reports Q4 on Feb. 2 — results and forward guidance will likely be the primary short‑term driver. Should You Buy Palantir Stock Before Feb. 2?
• Negative Sentiment: Valuation critics warn the stock trades at very rich multiples; some analysts (e.g., Jefferies commentary cited in media) see material downside if growth slows — raises risk of sharp pullbacks if guidance disappoints. 2 Ultra-Popular AI Stocks to Sell Before They Drop 53% and 57%, According to Wall Street Analysts
• Negative Sentiment: Near‑term price action shows a recent pullback (down modestly over the past week/month), signaling profit‑taking after a large 12‑month rally — makes Palantir more vulnerable to negative news ahead of earnings. Palantir Technologies Trending as Analysts Weigh Upside

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.