Dimensional Fund Advisors LP Purchases 294,407 Shares of Palantir Technologies Inc. $PLTR

Dimensional Fund Advisors LP raised its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 8.3% during the third quarter, HoldingsChannel reports. The firm owned 3,829,362 shares of the company’s stock after purchasing an additional 294,407 shares during the period. Dimensional Fund Advisors LP’s holdings in Palantir Technologies were worth $698,470,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PLTR. Vanguard Group Inc. boosted its stake in Palantir Technologies by 4.0% in the third quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock worth $39,017,133,000 after buying an additional 8,168,604 shares in the last quarter. State Street Corp raised its stake in shares of 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 acquiring an additional 6,097,629 shares in the last quarter. Norges Bank bought a new stake in shares of Palantir Technologies in the 2nd quarter worth approximately $3,307,457,000. Invesco Ltd. boosted its stake in shares of Palantir Technologies by 16.0% in the 2nd quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock valued at $2,806,182,000 after purchasing an additional 2,838,300 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Palantir Technologies by 3.1% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,042,239 shares of the company’s stock valued at $1,914,238,000 after purchasing an additional 427,840 shares in the last quarter. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on PLTR. The Goldman Sachs Group decreased their target price on shares of Palantir Technologies from $188.00 to $182.00 in a research report on Tuesday, February 3rd. Robert W. Baird raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price for the company in a research note on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $200.00 target price on shares of Palantir Technologies in a report on Tuesday, February 3rd. Mizuho raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 price target on the stock in a research note on Wednesday, February 18th. Finally, CICC Research increased their price objective on Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $187.96.

Palantir Technologies Price Performance

Shares of NASDAQ PLTR opened at $147.24 on Wednesday. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52. The stock has a market capitalization of $352.15 billion, a P/E ratio of 233.72, a P/E/G ratio of 2.79 and a beta of 1.70. The company’s 50-day moving average is $157.75 and its 200 day moving average is $169.25.

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

Insider Activity at Palantir Technologies

In related news, insider Alexander C. Karp sold 493,025 shares of the company’s stock in a transaction 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 sale, the insider directly owned 6,432,258 shares of the company’s stock, valued at $860,507,475.24. This represents a 7.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Jeffrey Buckley sold 1,232 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total value of $159,026.56. Following the completion of the transaction, the insider owned 43,108 shares of the company’s stock, valued at approximately $5,564,380.64. This trade represents a 2.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,054,279 shares of company stock valued at $142,212,233 over the last ninety days. Insiders own 12.93% of the company’s stock.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Geopolitical tailwind: Rising U.S.–Iran tensions have pushed investors into defense-exposed AI names and boosted Palantir’s narrative as a government/intel supplier, supporting renewed buying interest. Why Palantir Is Back In Wall Street’s Good Graces
• Positive Sentiment: Analyst upgrades and higher targets: Multiple brokers (including Rosenblatt and others) have turned more bullish after Q4 results, issuing higher price targets and long‑term upside cases that are drawing fresh institutional attention. Analyst Praises Palantir’s Growth Prospects, Sees Stock Headed To $400 Over Next 5 Years
• Positive Sentiment: Strong fundamentals: Q4 beat (70% YoY revenue growth, improved margins) plus accelerating U.S. commercial revenue and large multi‑year government awards underpin the bullish case that the company can sustain high growth and cash generation. Palantir Technologies Stock (PLTR) Opinions on Government AI Vendor Shifts
• Neutral Sentiment: Product and contract momentum: Palantir’s Foundry and Gotham platforms are cited as driving enterprise AI adoption and cross‑sector contracts (examples: DHS rollout, DoD/GE Aerospace collaboration) — positive for revenue diversification but gradual to fully monetize. PLTR’s Foundry and Gotham Accelerate Enterprise AI Expansion
• Negative Sentiment: Insider selling: Large insider dispositions (including Peter Thiel filings and broad insider sales reported) are raising governance/flow concerns that can cap sentiment during headline-driven rallies. Peter Thiel Sells $290 Million In PLTR Stock As Palantir Surges Nearly 6% Amid AI-Driven Rally
• Negative Sentiment: Volatility and valuation risk: Several outlets warn the rally is partly a “war trade” that can reverse quickly; PLTR still trades at a rich multiple and shows technical signs that could lead to whipsawing after headline spikes. Palantir Stock Drops. Its Role in the Iran Conflict Is Not a Given.

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.