E. Ohman J or Asset Management AB Purchases New Position in Palantir Technologies Inc. $PLTR

E. Ohman J or Asset Management AB acquired a new position in Palantir Technologies Inc. (NASDAQ:PLTR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 56,466 shares of the company’s stock, valued at approximately $10,037,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of Palantir Technologies by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock worth $39,017,133,000 after purchasing an additional 8,168,604 shares in the last quarter. State Street Corp lifted its holdings in shares of Palantir Technologies by 7.2% during the third quarter. State Street Corp now owns 101,258,899 shares of the company’s stock valued at $18,471,648,000 after purchasing an additional 6,777,771 shares in the last quarter. Norges Bank bought a new position in shares of Palantir Technologies during the second quarter valued at $3,307,457,000. Invesco Ltd. boosted its position in shares of Palantir Technologies by 5.9% during the third quarter. Invesco Ltd. now owns 21,798,785 shares of the company’s stock valued at $3,976,534,000 after buying an additional 1,213,529 shares during the last quarter. Finally, Northern Trust Corp boosted its position in shares of Palantir Technologies by 3.8% during the third quarter. Northern Trust Corp now owns 21,088,462 shares of the company’s stock valued at $3,846,957,000 after buying an additional 769,238 shares during the last quarter. 45.65% of the stock is owned by institutional investors.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: The Pentagon designated Palantir’s Maven Smart System a program of record, moving the platform from pilot status to a budget‑backed, long‑term military capability — a direct revenue and visibility catalyst for PLTR. Palantir’s Maven AI system designated Pentagon program of record: report
• Positive Sentiment: A short‑term UK Financial Conduct Authority trial using Palantir’s Foundry to analyze fraud and enforcement datasets reinforces the company’s government footprint outside the U.S., supporting cross‑border contract momentum. Palantir rises 5.7% as new UK regulator AI trial reinforces government-demand narrative
• Positive Sentiment: Wall Street bullishness is adding upside pressure—notably Wedbush and other firms raising/sticking to optimistic targets (Dan Ives cited a $230 target), which can lift sentiment and momentum buying. Palantir stock surges over 5% today: Why Wedbush analyst Dan Ives predicts PLTR stock could hit $230 this year
• Positive Sentiment: Fundamentals remain supportive: Palantir reported strong FY revenue and cash flow (reported ~$4.48B revenue with large growth and healthy free cash flow), which underpins longer‑term growth expectations and analyst models. Palantir: Why I Stay Bullish Despite The Risks
• Neutral Sentiment: Broad market tailwinds (U.S. equity gains tied to geopolitical calm and energy price moves) helped tech names broadly today and likely amplified PLTR’s move. US Equity Markets Rise as Crude Oil Slumps After Trump Delays Iran Strike Plans
• Negative Sentiment: Valuation remains a risk: several analysts and commentary outlets continue to flag Palantir’s high multiple and the potential for large drawdowns if growth slows or model‑switching costs rise. That keeps downside risk despite positive contract news. Palantir’s Stock Valuation Still Looks Absurd. Here’s Why Investors Keep Buying It Anyway.
• Negative Sentiment: Insider selling and past institutional reshuffling are visible in tracking data; heavy insider sales and large portfolio moves by some institutions can weigh on sentiment if they continue. Palantir rises 5.7% as new UK regulator AI trial reinforces government-demand narrative

Palantir Technologies Stock Up 6.8%

Shares of NASDAQ:PLTR opened at $160.88 on Tuesday. The stock has a market capitalization of $384.78 billion, a PE ratio of 255.37, a price-to-earnings-growth ratio of 2.99 and a beta of 1.70. The firm’s 50 day moving average price is $150.16 and its 200-day moving average price is $168.81. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same period in the previous year, the business posted $0.14 earnings per share. The firm’s quarterly revenue was up 70.0% compared to the same quarter last year. Analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In related news, insider Shyam Sankar sold 168,004 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $22,465,494.88. Following the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $85,953,343.92. This trade represents a 20.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ryan D. Taylor sold 19,988 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $2,672,795.36. Following the transaction, the insider owned 219,421 shares in the company, valued at $29,340,976.12. This trade represents a 8.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,045,279 shares of company stock worth $140,539,043. Insiders own 9.23% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Jefferies Financial Group set a $208.00 target price on Palantir Technologies in a research report on Thursday, January 22nd. DA Davidson dropped their price target on shares of Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating on the stock in a report on Tuesday, February 3rd. Zacks Research lowered shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. Phillip Securities assumed coverage on shares of Palantir Technologies in a report on Thursday, January 22nd. They set a “buy” rating and a $208.00 price objective for the company. Finally, Piper Sandler restated an “overweight” rating and set a $230.00 price objective on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $196.32.

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.