Swiss Life Asset Management Ltd lifted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 5.6% in the third quarter, Holdings Channel reports. The institutional investor owned 858,292 shares of the company’s stock after acquiring an additional 45,814 shares during the quarter. Palantir Technologies comprises approximately 0.8% of Swiss Life Asset Management Ltd’s holdings, making the stock its 19th largest position. Swiss Life Asset Management Ltd’s holdings in Palantir Technologies were worth $156,570,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Occidental Asset Management LLC grew its position in Palantir Technologies by 2.8% in the third quarter. Occidental Asset Management LLC now owns 1,964 shares of the company’s stock worth $358,000 after acquiring an additional 53 shares during the period. Gallacher Capital Management LLC raised its position in Palantir Technologies by 2.2% in the third quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company’s stock valued at $447,000 after purchasing an additional 53 shares during the period. Bare Financial Services Inc raised its position in Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after purchasing an additional 55 shares during the period. Lionshead Wealth Management LLC lifted its stake in shares of Palantir Technologies by 0.4% in the 3rd quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock valued at $2,395,000 after purchasing an additional 56 shares during the last quarter. Finally, Ellenbecker Investment Group lifted its stake in shares of Palantir Technologies by 3.6% in the 3rd quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock valued at $295,000 after purchasing an additional 57 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on the company. Citigroup raised their price objective on Palantir Technologies from $235.00 to $260.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Robert W. Baird raised shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price on the stock in a research report on Tuesday, February 3rd. Jefferies Financial Group set a $208.00 target price on shares of Palantir Technologies in a research note on Thursday, January 22nd. Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price target on the stock in a research note on Tuesday, February 3rd. Finally, Wall Street Zen lowered shares of Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Two 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 currently has an average rating of “Moderate Buy” and a consensus price target of $196.32.
Palantir Technologies Trading Down 1.5%
PLTR opened at $152.77 on Thursday. The stock’s 50-day moving average price is $151.49 and its 200 day moving average price is $168.73. Palantir Technologies Inc. has a 12-month low of $66.12 and a 12-month high of $207.52. The firm has a market cap of $365.38 billion, a price-to-earnings ratio of 242.50, a PEG ratio of 3.07 and a beta of 1.70.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating 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%.Palantir Technologies’s revenue was up 70.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.14 EPS. On average, research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.
Insiders Place Their Bets
In other Palantir Technologies news, insider Stephen Andrew Cohen sold 327,088 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the sale, the insider directly owned 592 shares in the company, valued at $79,162.24. This represents a 99.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Shyam Sankar sold 168,004 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the completion of the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at $85,953,343.92. This represents a 20.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 1,045,279 shares of company stock valued at $140,539,043. 9.23% of the stock is owned by company insiders.
Trending Headlines about Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: NVIDIA partnership: Palantir and NVIDIA announced a sovereign AI reference architecture (Palantir software + NVIDIA hardware). Investors see this as a major distribution and credibility boost for Palantir’s AIP in government and regulated enterprise use cases. Nvidia and Palantir Are Partnering on Sovereign AI
- Positive Sentiment: U.S. Navy ShipOS / Keel collaboration: Palantir’s role in the ShipOS initiative and a new Keel partnership embed its software into naval shipbuilding and supply chains — a large, multi‑year defense revenue opportunity. Keel Joins Palantir and U.S. Navy in ShipOS Initiative
- Positive Sentiment: Large backlog and major defense deals: Analysts and press point to an ~$11.2B revenue backlog and a reported ~$10B Army deal as evidence of durable, sticky revenue that can justify premium multiples if execution continues. Palantir Has an $11.2 Billion Revenue Backlog
- Positive Sentiment: Analyst upgrades / bullish takeaways: UBS raised its price target to $200 and Wedbush maintained an Outperform; Dan Ives and other bulls are framing Palantir’s AI partnerships as meaningful growth catalysts. Those signals are driving buying interest. Why Is Palantir Stock Gaining Today?
- Neutral Sentiment: Positive media/features: Multiple bullish op‑eds (The Motley Fool, Seeking Alpha converts) stress productization and commercial growth — supportive for sentiment but not immediate earnings events. Where Could Palantir Be in 3 Years? The Base Case
- Neutral Sentiment: Options and technical momentum: Elevated call/put activity and bullish technical notes are amplifying intraday moves; useful for traders but not a fundamental change. Option Plays in Palantir Stock Are Doing Well
- Negative Sentiment: Valuation concerns persist: Critics (Seeking Alpha, Zacks) warn PLTR’s high multiple and AI hype could leave returns vulnerable if growth slows — a common reason some investors sell into rallies. Can Palantir Technologies Sustain Its Growth? Narrative vs. Reality
- Negative Sentiment: Insider selling and public shorts: Reports of heavy insider stock sales and high‑profile short commentary (Michael Burry) keep a bid under volatility and can pressure sentiment during any weakness. Palantir insiders have been dumping nearly $6 million PLTR shares per day in 2026 Michael Burry Rails Against the Media Over Palantir Coverage
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.
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