Palantir Technologies Inc. $PLTR Shares Sold by Capital Research Global Investors

Capital Research Global Investors cut its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 43.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,271,352 shares of the company’s stock after selling 980,660 shares during the quarter. Capital Research Global Investors’ holdings in Palantir Technologies were worth $231,920,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of PLTR. Legal & General Group Plc increased its holdings in shares of Palantir Technologies by 6.6% in the 3rd quarter. Legal & General Group Plc now owns 13,704,938 shares of the company’s stock valued at $2,500,055,000 after acquiring an additional 847,144 shares during the last quarter. Vestcor Inc boosted its holdings in Palantir Technologies by 33.3% in the third quarter. Vestcor Inc now owns 68,339 shares of the company’s stock valued at $12,466,000 after purchasing an additional 17,088 shares in the last quarter. Swiss National Bank boosted its holdings in Palantir Technologies by 0.7% in the third quarter. Swiss National Bank now owns 6,527,000 shares of the company’s stock valued at $1,190,655,000 after purchasing an additional 42,800 shares in the last quarter. Navalign LLC purchased a new position in Palantir Technologies in the third quarter valued at approximately $244,000. Finally, Planning Directions Inc. raised its holdings in Palantir Technologies by 3.8% during the third quarter. Planning Directions Inc. now owns 2,050 shares of the company’s stock worth $374,000 after purchasing an additional 75 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Polymarket partnership expands Palantir’s commercial AIP footprint — Palantir and TWG AI will supply the Vergence AI engine to build a sports‑integrity platform that screens prohibited users and flags suspicious bets, demonstrating another non‑government revenue use case for Palantir’s AI/compliance tools. Polymarket Joins Forces with Palantir
• Positive Sentiment: Defense & AI demand remains a tailwind — multiple outlets highlight Palantir as a leader in the AI‑defense trade and note accelerating commercial revenue (Q4 +70%), supporting the bull case for continued contract wins. Palantir And Rocket Lab Are Leading The AI Defense Trade
• Positive Sentiment: Analyst interest and price targets remain supportive — recent coverage shows several buy/outperform calls and a median six‑month target around $200, keeping longer‑term sentiment tilted bullish despite volatility. QuiverQuant PLTR Q4 revenue coverage
• Neutral Sentiment: Sector/valuation dynamics may be influencing flows — strong earnings elsewhere (e.g., CrowdStrike) and debate over AI winners’ valuations are creating rotation within tech, which can temporarily pressure richly‑valued names like Palantir. CrowdStrike Delivered a Blowout Quarter—and the Stock Yawned
• Neutral Sentiment: Market commentary points to macro/geopolitical drivers — some outlets say today’s pullback looks more like broader geopolitical/macro positioning than fresh fundamental weakness at Palantir. Why Palantir Stock (PLTR) Is Down Today
• Negative Sentiment: Major insider selling headlines are weighing on sentiment — reports noted large insider sales across Palantir’s insider base and an aggregated ~$9.6B of high‑profile insider sell activity in AI leaders, which can trigger profit‑taking and amplify downside. Nvidia and Palantir Insiders Dump $9.6 Billion
• Negative Sentiment: Short‑term price pullback documented — market reports show PLTR down intraday versus recent close, consistent with profit‑taking after the stock’s strong multi‑week rally. Palantir Declines More Than Market

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Loop Capital lowered their target price on shares of Palantir Technologies from $230.00 to $220.00 and set a “buy” rating for the company in a report on Friday, January 30th. Robert W. Baird upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective for the company in a research note on Tuesday, February 3rd. Cantor Fitzgerald reissued a “neutral” rating on shares of Palantir Technologies in a research report on Tuesday, February 3rd. DA Davidson dropped their price objective on shares of Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 3rd. Finally, Northland Securities upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price target for the company in a research note on Tuesday, February 3rd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $192.68.

Palantir Technologies Price Performance

Palantir Technologies stock opened at $151.14 on Wednesday. The company has a market cap of $361.48 billion, a price-to-earnings ratio of 239.91, a price-to-earnings-growth ratio of 3.10 and a beta of 1.70. Palantir Technologies Inc. has a 12 month low of $66.12 and a 12 month high of $207.52. The stock’s 50-day moving average is $154.33 and its 200-day moving average is $169.03.

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. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate 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 was up 70.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.14 earnings per share. Research analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Alexander C. Karp sold 493,025 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the transaction, the insider owned 6,432,258 shares of the company’s stock, valued at $860,507,475.24. This trade represents a 7.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider David A. Glazer sold 17,438 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 $2,331,809.36. Following the sale, the insider owned 392,370 shares in the company, valued at approximately $52,467,716.40. This trade represents a 4.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,054,279 shares of company stock valued at $142,212,233 over the last 90 days. Corporate insiders own 12.93% of the company’s stock.

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.