Palantir Technologies Inc. $PLTR Shares Purchased by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund boosted its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 19.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 148,622 shares of the company’s stock after purchasing an additional 24,617 shares during the period. Illinois Municipal Retirement Fund’s holdings in Palantir Technologies were worth $27,112,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Briaud Financial Planning Inc acquired a new stake in Palantir Technologies during the second quarter worth about $27,000. LFA Lugano Financial Advisors SA acquired a new stake in Palantir Technologies in the 2nd quarter valued at $27,000. Delos Wealth Advisors LLC purchased a new stake in shares of Palantir Technologies during the second quarter worth about $29,000. Zeit Capital LLC purchased a new stake in Palantir Technologies during the 2nd quarter worth approximately $30,000. Finally, Financial Consulate Inc. purchased a new stake in shares of Palantir Technologies during the third quarter worth approximately $30,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Q4 results showed upside and accelerating revenue growth, reinforcing the narrative that Palantir’s AI platform is driving both commercial and government momentum — a core bullish case for longer‑term investors. What’s next for Palantir after its blockbuster Q4 earnings?
• Positive Sentiment: Analyst upgrades: Daiwa upgraded PLTR to Buy (with a $180 target) and other firms issued more constructive notes after the quarter, supporting the case for further upside from analysts despite mixed price‑target moves. Daiwa Capital Upgrades Palantir Stock (PLTR) to Buy
• Positive Sentiment: New/extended commercial partnerships are accelerating enterprise adoption — Palantir extended its Skywise partnership with Airbus, deepening commercial aerospace exposure and recurring revenue prospects. Peter Thiel’s Palantir Extends Partnership With Boeing Rival Airbus
• Positive Sentiment: Large institutional support: reports say Norway’s sovereign wealth fund has taken a multibillion-dollar exposure to Palantir, a vote of confidence that can stabilize demand from big, long‑term investors. World’s Biggest Wealth Fund Just Snubbed Michael Burry’s Palantir Warning
• Neutral Sentiment: Wall Street and independent outlets debate valuation vs. growth: several deep-dive pieces highlight PLTR’s expensive multiples but note strong metric trends (U.S. commercial growth, RPO expansion) — useful context for investors weighing growth vs. valuation risk. Think Palantir Stock Is Expensive? 3 Metrics Every Investor Should Consider
• Negative Sentiment: Prominent bearish call: Michael Burry publicly predicted a severe PLTR decline (targeting ~60), a high-profile negative narrative that can amplify selling and volatility even if not backed by immediate fundamental change. Michael Burry issues ultra-bearish stock price target for Palantir
• Negative Sentiment: Insider selling: company insiders have sold roughly $9M+ of PLTR stock in 2026 so far, which can be interpreted as profit‑taking and contribute to short‑term downward pressure. Here’s how much Palantir insiders have dumped in PLTR shares in 2026
• Negative Sentiment: Near-term selling and sector weakness: PLTR slid sharply in intraday sessions amid broad software/AI rotation and profit‑taking, with some headlines noting a ~20% move that overwhelmed positive news like upgrades and deal wins. Palantir (PLTR) Slides 20%, but Analyst Upgrade Signals Fresh Optimism

Insider Activity at Palantir Technologies

In related news, insider Stephen Andrew Cohen sold 308,635 shares of the business’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $50,613,053.65. Following the completion of the transaction, the insider owned 592 shares of the company’s stock, valued at approximately $97,082.08. The trade was a 99.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shyam Sankar sold 149,872 shares of the firm’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $24,577,509.28. Following the sale, the insider owned 642,786 shares in the company, valued at $105,410,476.14. This trade represents a 18.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,023,844 shares of company stock valued at $167,455,085 in the last ninety days. 9.23% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Raymond James Financial restated a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. UBS Group dropped their price target on shares of Palantir Technologies from $205.00 to $180.00 and set a “neutral” rating for the company in a research report on Tuesday, February 3rd. Weiss Ratings lowered Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, January 15th. Royal Bank Of Canada raised their price objective on shares of Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research note on Tuesday, November 4th. Finally, CICC Research boosted their target price on Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $191.05.

Palantir Technologies Stock Performance

Shares of PLTR opened at $135.68 on Thursday. The stock has a market capitalization of $323.38 billion, a P/E ratio of 215.37, a P/E/G ratio of 2.68 and a beta of 1.64. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52. The company’s fifty day moving average is $171.91 and its two-hundred day moving average is $172.90.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The business had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the prior year, the company posted $0.14 EPS. The business’s revenue for the quarter was up 70.0% on a year-over-year basis. Sell-side analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current year.

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.