Wealthfront Advisers LLC Grows Stock Holdings in Palantir Technologies Inc. $PLTR

Wealthfront Advisers LLC grew its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 1.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 552,907 shares of the company’s stock after buying an additional 8,072 shares during the period. Wealthfront Advisers LLC’s holdings in Palantir Technologies were worth $100,861,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Palantir Technologies during the 2nd quarter valued at approximately $3,307,457,000. Vanguard Group Inc. boosted its stake in Palantir Technologies by 3.6% during the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after buying an additional 7,194,216 shares during the period. State Street Corp boosted its stake in Palantir Technologies by 6.9% during the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after buying an additional 6,097,629 shares during the period. Invesco Ltd. increased its position in Palantir Technologies by 16.0% during the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock valued at $2,806,182,000 after acquiring an additional 2,838,300 shares during the last quarter. Finally, Clear Street LLC bought a new stake in shares of Palantir Technologies in the 2nd quarter worth about $295,508,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Palantir Technologies Trading Up 5.2%

Shares of PLTR stock opened at $142.94 on Tuesday. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52. The stock has a fifty day simple moving average of $173.35 and a two-hundred day simple moving average of $173.30. The stock has a market capitalization of $340.69 billion, a price-to-earnings ratio of 226.89, a P/E/G ratio of 2.61 and a beta of 1.64.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly 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. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter last year, the firm posted $0.14 earnings per share. The business’s revenue for the quarter was up 70.0% on a year-over-year basis. Research analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on PLTR shares. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a report on Monday, February 2nd. CICC Research increased their price target on Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Zacks Research lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. Morgan Stanley upped their price objective on Palantir Technologies from $155.00 to $205.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 4th. Finally, Wall Street Zen downgraded Palantir Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. Eleven analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $191.95.

Insiders Place Their Bets

In related news, Director Lauren Elaina Friedman Stat sold 400 shares of Palantir Technologies stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $151.14, for a total transaction of $60,456.00. Following the transaction, the director directly owned 58,287 shares of the company’s stock, valued at $8,809,497.18. This trade represents a 0.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Jeffrey Buckley sold 1,252 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $157.50, for a total value of $197,190.00. Following the sale, the insider owned 47,044 shares of the company’s stock, valued at approximately $7,409,430. This represents a 2.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,023,844 shares of company stock worth $167,455,085. 12.93% of the stock is owned by corporate insiders.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Analysts and investors point to rising adoption of Palantir’s AIP and platform integrations as a multi-year growth driver — the argument is that customers are shifting budgets into integration layers where Palantir competes, supporting stronger forward revenue expectations. Read More.
• Positive Sentiment: Recent quarter beat consensus on both revenue and EPS, management raised an aggressive revenue growth guide (~61% for 2026) and commentary about customer momentum is cited as a reason for the re-rating. Read More.
• Positive Sentiment: Palantir announced a strategic partnership with Cognizant to accelerate AI-driven healthcare modernization — this expands go-to-market reach in a large vertical and gives an additional commercial growth vector. Read More.
• Neutral Sentiment: Market commentary is mixed: some outlets recommend buying the dip because of growth, while others caution that the stock remains a high-volatility, valuation-sensitive name — expect continued headline-driven moves. Read More.
• Neutral Sentiment: Broader software/AI rotation and lists of software ideas include PLTR; these curate interest but don’t change the valuation debate — useful for flows but not a fundamental endorsement. Read More.
• Negative Sentiment: Michael Burry publicly warned of a potential 58% decline and flagged a head-&-shoulders technical pattern targeting roughly $60 — a high-profile bearish call that can pressure sentiment and trigger volatility. Read More.
• Negative Sentiment: Reputational noise after Forbes temporarily pulled and then reposted a profile citing Palantir’s ICE contracts — negative PR that can attract regulatory/ESG scrutiny for some investor groups. Read More.
• Negative Sentiment: Several opinion pieces warn the stock is richly valued and could face steep downside if growth expectations slip — these valuation narratives keep a portion of the sell-side and risk-averse investors on the sidelines. Read More.

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.