Capital World Investors Sells 2,061,323 Shares of Palantir Technologies Inc. $PLTR

Capital World Investors lessened its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 28.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,065,683 shares of the company’s stock after selling 2,061,323 shares during the quarter. Capital World Investors’ holdings in Palantir Technologies were worth $923,980,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. Occidental Asset Management LLC grew its position in shares of Palantir Technologies by 2.8% during the 3rd quarter. Occidental Asset Management LLC now owns 1,964 shares of the company’s stock valued at $358,000 after acquiring an additional 53 shares during the period. Gallacher Capital Management LLC boosted its position in shares of Palantir Technologies by 2.2% during the third quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company’s stock worth $447,000 after acquiring an additional 53 shares during the last quarter. Bare Financial Services Inc boosted 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 during the last quarter. Lionshead Wealth Management LLC grew its holdings in Palantir Technologies by 0.4% during the 3rd quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock valued at $2,395,000 after buying an additional 56 shares in the last quarter. Finally, Ellenbecker Investment Group grew its holdings in shares of Palantir Technologies by 3.6% in the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock valued at $295,000 after purchasing an additional 57 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Polymarket partnership expands Palantir’s commercial AIP footprint — Palantir and TWG AI will supply the Vergence AI engine to build a sports‑integrity platform that screens prohibited users and flags suspicious bets, demonstrating another non‑government revenue use case for Palantir’s AI/compliance tools. Polymarket Joins Forces with Palantir
• Positive Sentiment: Defense & AI demand remains a tailwind — multiple outlets highlight Palantir as a leader in the AI‑defense trade and note accelerating commercial revenue (Q4 +70%), supporting the bull case for continued contract wins. Palantir And Rocket Lab Are Leading The AI Defense Trade
• Positive Sentiment: Analyst interest and price targets remain supportive — recent coverage shows several buy/outperform calls and a median six‑month target around $200, keeping longer‑term sentiment tilted bullish despite volatility. QuiverQuant PLTR Q4 revenue coverage
• Neutral Sentiment: Sector/valuation dynamics may be influencing flows — strong earnings elsewhere (e.g., CrowdStrike) and debate over AI winners’ valuations are creating rotation within tech, which can temporarily pressure richly‑valued names like Palantir. CrowdStrike Delivered a Blowout Quarter—and the Stock Yawned
• Neutral Sentiment: Market commentary points to macro/geopolitical drivers — some outlets say today’s pullback looks more like broader geopolitical/macro positioning than fresh fundamental weakness at Palantir. Why Palantir Stock (PLTR) Is Down Today
• Negative Sentiment: Major insider selling headlines are weighing on sentiment — reports noted large insider sales across Palantir’s insider base and an aggregated ~$9.6B of high‑profile insider sell activity in AI leaders, which can trigger profit‑taking and amplify downside. Nvidia and Palantir Insiders Dump $9.6 Billion
• Negative Sentiment: Short‑term price pullback documented — market reports show PLTR down intraday versus recent close, consistent with profit‑taking after the stock’s strong multi‑week rally. Palantir Declines More Than Market

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR opened at $151.14 on Wednesday. The firm has a market cap of $361.48 billion, a PE ratio of 239.91, a PEG ratio of 3.10 and a beta of 1.70. The firm has a fifty day moving average of $154.33 and a 200 day moving average of $169.03. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52.

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

Analysts Set New Price Targets

PLTR has been the topic of several research analyst reports. Weiss Ratings downgraded Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Jefferies Financial Group set a $208.00 price target on shares of Palantir Technologies in a report on Thursday, January 22nd. Zacks Research downgraded shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Argus raised Palantir Technologies to a “hold” rating in a report on Monday, February 9th. Finally, Northland Securities raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a report on Tuesday, February 3rd. Two research 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $192.68.

Insider Buying and Selling at Palantir Technologies

In related news, insider Shyam Sankar sold 168,004 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $22,465,494.88. Following the completion of the sale, the insider owned 642,786 shares of the company’s stock, valued at approximately $85,953,343.92. This represents a 20.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $129.08, for a total transaction of $159,026.56. Following the completion of the sale, the insider owned 43,108 shares of the company’s stock, valued at $5,564,380.64. This trade represents a 2.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 1,054,279 shares of company stock valued at $142,212,233. 12.93% of the stock is owned by company insiders.

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.