Palantir Technologies Inc. $PLTR Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. reduced its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 43.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,115 shares of the company’s stock after selling 47,719 shares during the period. Securian Asset Management Inc.’s holdings in Palantir Technologies were worth $11,041,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Palantir Technologies by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock valued at $38,295,188,000 after purchasing an additional 1,557,828 shares during the period. State Street Corp boosted its holdings in Palantir Technologies by 7.2% in 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 during the period. Invesco Ltd. boosted its holdings in Palantir Technologies by 5.9% in the third quarter. Invesco Ltd. now owns 21,798,785 shares of the company’s stock valued at $3,976,534,000 after purchasing an additional 1,213,529 shares during the period. Northern Trust Corp boosted its holdings in Palantir Technologies by 3.8% in the third quarter. Northern Trust Corp now owns 21,088,462 shares of the company’s stock valued at $3,846,957,000 after purchasing an additional 769,238 shares during the period. Finally, Amundi boosted its holdings in Palantir Technologies by 38.7% in the third quarter. Amundi now owns 15,679,158 shares of the company’s stock valued at $2,814,879,000 after purchasing an additional 4,373,201 shares during the period. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

PLTR has been the subject of a number of recent analyst reports. Benchmark initiated coverage on Palantir Technologies in a report on Wednesday, April 1st. They set a “hold” rating for the company. Royal Bank Of Canada reaffirmed an “underperform” rating and set a $90.00 price target on shares of Palantir Technologies in a report on Tuesday, May 5th. DZ Bank initiated coverage on Palantir Technologies in a report on Thursday, April 23rd. They set a “buy” rating and a $175.00 price target for the company. Zacks Research raised Palantir Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday. Finally, Phillip Securities decreased their price target on Palantir Technologies from $208.00 to $190.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $194.68.

Insider Buying and Selling at Palantir Technologies

In other news, insider Shyam Sankar sold 168,004 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the sale, the insider owned 642,786 shares in the company, valued at approximately $85,953,343.92. The trade was a 20.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Stephen Andrew Cohen sold 327,088 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $43,738,207.36. Following the sale, the insider owned 592 shares in the company, valued at $79,162.24. This trade represents a 99.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 1,029,479 shares of company stock valued at $137,685,797. 9.53% of the stock is owned by insiders.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Palantir delivered record AI-driven revenue growth, with strong demand from both U.S. commercial customers and government clients, reinforcing the company’s AI growth story. Palantir Delivers Record AI-Driven Growth
• Positive Sentiment: Analysts continue to raise earnings estimates and some have reiterated or upgraded their ratings, suggesting Wall Street still sees upside in Palantir’s long-term growth trajectory. Wall Street Analysts Predict a 40.09% Upside in Palantir Technologies (PLTR): Here’s What You Should Know
• Positive Sentiment: Palantir’s new U.S. Army interoperability hackathon partnership adds another credibility boost for its defense business and may support future government revenue. Palantir Joins U.S. Army and Industry Partners for “Right to Integrate” Hackathon Sprint for Defense-wide Interoperability
• Neutral Sentiment: Some commentary argues the stock’s post-earnings pullback is mainly a valuation reset rather than a deterioration in business quality, with investors weighing whether the AI growth rate justifies the premium. Palantir Just Crushed Earnings. So Why Is the Stock Down?
• Neutral Sentiment: Bearish takes from analysts and short-seller-style commentary are adding caution, but these arguments center on valuation and AI hype rather than any sign that Palantir’s business is weakening. Jefferies issues a stark warning for Palantir stock investors
• Negative Sentiment: Several reports say the stock is falling because Palantir’s valuation looks stretched after its huge run, and even strong results may not be enough to keep momentum going near term. Palantir Stock Shudders as Record 85% Growth Hits a Valuation Wall and Michael Burry Bets on a Total Collapse

Palantir Technologies Price Performance

Shares of NASDAQ PLTR opened at $137.80 on Monday. The business has a 50-day moving average of $145.51 and a two-hundred day moving average of $161.59. Palantir Technologies Inc. has a 1 year low of $114.90 and a 1 year high of $207.52. The company has a market capitalization of $329.57 billion, a price-to-earnings ratio of 154.83, a price-to-earnings-growth ratio of 2.19 and a beta of 1.52.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The business had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the previous year, the firm earned $0.13 earnings per share. The business’s revenue was up 84.7% compared to the same quarter last year. As a group, equities research analysts expect that Palantir Technologies Inc. will post 1.18 earnings per share 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.