Public Sector Pension Investment Board Has $98.66 Million Position in Palantir Technologies Inc. $PLTR

Public Sector Pension Investment Board lifted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 135.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 540,835 shares of the company’s stock after buying an additional 310,942 shares during the period. Public Sector Pension Investment Board’s holdings in Palantir Technologies were worth $98,659,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Atria Investments Inc grew its stake in Palantir Technologies by 34.8% during the third quarter. Atria Investments Inc now owns 69,131 shares of the company’s stock worth $12,611,000 after purchasing an additional 17,847 shares during the period. CBIZ Investment Advisory Services LLC boosted its holdings in shares of Palantir Technologies by 24.7% during the 3rd quarter. CBIZ Investment Advisory Services LLC now owns 661 shares of the company’s stock worth $121,000 after buying an additional 131 shares in the last quarter. Illinois Municipal Retirement Fund grew its position in shares of Palantir Technologies by 19.9% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 148,622 shares of the company’s stock worth $27,112,000 after buying an additional 24,617 shares during the period. Varma Mutual Pension Insurance Co increased its stake in shares of Palantir Technologies by 8.7% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 314,000 shares of the company’s stock valued at $57,280,000 after acquiring an additional 25,200 shares in the last quarter. Finally, Elmwood Wealth Management Inc. acquired a new position in shares of Palantir Technologies during the 3rd quarter valued at $278,000. Institutional investors own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

PLTR has been the subject of a number of research reports. Weiss Ratings cut shares of Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 15th. Phillip Securities started coverage on Palantir Technologies in a research note on Thursday, January 22nd. They issued a “buy” rating and a $208.00 target price for the company. Piper Sandler reaffirmed an “overweight” rating and set a $230.00 price target on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Northland Securities raised Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a research note on Tuesday, February 3rd. Finally, Citigroup boosted their price objective on Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Palantir Technologies has a consensus rating of “Hold” and a consensus price target of $191.05.

Palantir Technologies Stock Performance

PLTR stock opened at $129.12 on Friday. The business has a 50-day simple moving average of $170.94 and a two-hundred day simple moving average of $172.59. The company has a market capitalization of $307.75 billion, a P/E ratio of 204.96, a price-to-earnings-growth ratio of 2.60 and a beta of 1.64. Palantir Technologies Inc. has a 52-week low of $66.12 and a 52-week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The company’s revenue for the quarter was up 70.0% on a year-over-year basis. During the same quarter last year, the company earned $0.14 earnings per share. As a group, sell-side analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

More Palantir Technologies News

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

• Positive Sentiment: Strong fundamentals — Palantir posted a blockbuster Q4 (revenue +70% YoY, U.S. commercial revenue +137%) and issued guidance above Street expectations, supporting its AI/commercial growth narrative. Palantir Technologies Stock (PLTR) Opinions on Earnings Beat and Michael Burry Criticism
• Positive Sentiment: Defense credential boost — DISA authorized Palantir’s PFCS Forward for on‑premises and edge deployments (extends IL5/IL6 accreditation), making the stack deployable for classified federal workloads — a material win for government contract durability. Palantir Receives DISA Authorization for PFCS Forward
• Positive Sentiment: Analyst support — Daiwa upgraded PLTR to buy/strong-buy and other shops (e.g., Mizuho) reiterated growth potential while flagging valuation; these upgrades can underpin buyer interest after the sell-off. Daiwa Upgrades Palantir Stock To Buy On Shift To Bigger AI Deals
• Neutral Sentiment: Long-term bull case reminder — MarketBeat/others argue the pullback creates a buying opportunity given TAM, margins and low current penetration; useful context but not an immediate catalyst. Palantir Is Down 27%, but the Long-Term Math Still Favors Bulls
• Negative Sentiment: High-profile bearish pressure — Michael Burry publicly floated a deeply bearish thesis (large downside scenarios) and his earlier put positions have amplified fear and headline risk. Michael ‘Big Short’ Burry’s Latest Prediction: A Bearish Call on Palantir Stock
• Negative Sentiment: Options and selling pressure — unusually large put volume (about 1,048,068 puts, ~45% above typical) suggests directional hedging/speculation that can accelerate downside moves intraday.
• Negative Sentiment: Insider selling & valuation worries — heavy insider share sales and commentary about rich multiples / potential decelerating customer growth are keeping some institutional investors cautious. Palantir Technologies Stock (PLTR) Opinions on Earnings Beat and Michael Burry Criticism

Insider Buying and Selling at Palantir Technologies

In related news, insider Stephen Andrew Cohen sold 308,635 shares of the firm’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $50,613,053.65. Following the transaction, the insider directly owned 592 shares of the company’s stock, valued at $97,082.08. This trade represents a 99.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider David A. Glazer sold 15,557 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction of $2,551,192.43. Following the transaction, the insider owned 415,612 shares in the company, valued at approximately $68,156,211.88. This trade represents a 3.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,023,844 shares of company stock worth $167,455,085. 9.23% of the stock is currently owned by insiders.

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.