M&T Bank Corp Acquires 153,577 Shares of Palantir Technologies Inc. $PLTR

M&T Bank Corp increased its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 88.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 327,438 shares of the company’s stock after purchasing an additional 153,577 shares during the period. M&T Bank Corp’s holdings in Palantir Technologies were worth $58,202,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bare Financial Services Inc lifted its holdings in shares of Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after purchasing an additional 55 shares in the last quarter. Financial Consulate Inc. bought a new position in shares of Palantir Technologies during the 3rd quarter valued at about $30,000. Flagship Wealth Advisors LLC bought a new position in shares of Palantir Technologies during the 3rd quarter valued at about $32,000. United Financial Planning Group LLC bought a new position in shares of Palantir Technologies during the 3rd quarter valued at about $32,000. Finally, Clayton Financial Group LLC lifted its holdings in shares of Palantir Technologies by 500.0% during the 4th quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock valued at $32,000 after purchasing an additional 150 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

Wall Street Analysts Forecast Growth

PLTR has been the topic of several recent analyst reports. Piper Sandler reiterated an “overweight” rating and set a $230.00 price objective on shares of Palantir Technologies in a report on Tuesday, February 3rd. Benchmark initiated coverage on Palantir Technologies in a research note on Wednesday, April 1st. They issued a “hold” rating on the stock. Northland Securities upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a research note on Tuesday, February 3rd. Jefferies Financial Group set a $208.00 target price on Palantir Technologies in a research note on Thursday, January 22nd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Palantir Technologies in a research note on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $197.32.

Insider Activity

In other Palantir Technologies news, insider David A. Glazer sold 17,438 shares of the business’s stock in a transaction that occurred on 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 transaction, the insider owned 392,370 shares of the company’s stock, valued at $52,467,716.40. The trade was a 4.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Alexander C. Karp sold 493,025 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.78, for a total value of $65,956,884.50. Following the transaction, the insider directly owned 6,432,258 shares in the company, valued at $860,507,475.24. This trade represents a 7.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,029,879 shares of company stock worth $137,746,253. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies News Roundup

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

• Positive Sentiment: Won a $300 million Blanket Purchase Agreement with the U.S. Department of Agriculture to modernize farm services and national farm security — a sizable, multi‑year government revenue opportunity that directly supports Palantir’s government backlog and recurring-revenue story. USDA and Palantir sign $300 million software purchase agreement
• Positive Sentiment: Report that the Department of Defense has requested $2.3 billion for the Maven Smart System — if funded, this would underwrite large-scale DoD deployment of Palantir tech and materially expand its defense TAM. Palantir Stock: DOD Seeks ‘Massive’ $2.3 Billion Funding For Maven System
• Positive Sentiment: Picked up additional U.S. federal wins (FAA sole‑source data modernization contract and SMART AI finalist mentions) that broaden Palantir’s footprint in critical infrastructure — reinforces government sector momentum. Palantir’s FAA Win And Manifesto Reframe Long Term Government Risk Profile
• Positive Sentiment: Quarterly results and company commentary showing accelerating revenue (reported ~70% YoY growth in recent period) continue to underpin the AI/revenue narrative that investors are rewarding. Palantir Rallies 4% as 70% Revenue Surge Overshadows Mizuho Price Target Cut
• Positive Sentiment: Some analysts (e.g., William Blair) remain bullish, citing deepening DoD ties and Maven growth despite valuation risks — supports buy-side interest on contract news. Deepening DoD Ties and Maven Smart System Growth Underpin Palantir Buy Rating Despite Valuation Risk
• Neutral Sentiment: DA Davidson reiterated a neutral rating with a $180 target — acknowledges the company’s strengths but signals tempered upside at current multiples. Is Palantir Technologies Inc. (PLTR) One of the Top Software Stocks?
• Neutral Sentiment: Mizuho trimmed its price target (from $195 to $185) but kept an Outperform rating — mixed signals on valuation vs. growth. Here’s Why Mizuho Lowered Price Target on Palantir Technologies (PLTR)
• Negative Sentiment: Persistent valuation concerns: several outlets argue PLTR remains richly priced versus fundamentals (some bear pieces predict large downside), creating sensitivity to any slowdown or weaker guidance. Prediction: Palantir Stock Could Fall 80% Further
• Negative Sentiment: CEO Alex Karp’s widely discussed manifesto has drawn criticism in some markets and stirred reputational debate — a potential political/regulatory risk for a government‑centric contractor. Palantir published a mini manifesto calling some cultures ‘harmful and middling’ and said Silicon Valley has ‘a moral debt’ to the U.S.
• Negative Sentiment: Some commentary flagged insider selling and the risk that strong headline wins are already priced in — could cap near‑term upside if buyers don’t follow through. Palantir Stock Pops on USDA Deal. Should You Buy PLTR Stock Here?

Palantir Technologies Stock Performance

NASDAQ PLTR opened at $152.62 on Thursday. The stock has a market capitalization of $365.02 billion, a price-to-earnings ratio of 242.26, a PEG ratio of 2.81 and a beta of 1.68. The stock’s 50 day moving average price is $144.25 and its two-hundred day moving average price is $164.28. Palantir Technologies Inc. has a 52 week low of $97.83 and a 52 week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The business’s quarterly revenue was up 70.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.14 EPS. On average, equities research analysts forecast that Palantir Technologies Inc. will post 1.05 EPS for the current year.

About Palantir Technologies

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.