Mackenzie Financial Corp Acquires 201,333 Shares of Palantir Technologies Inc. $PLTR

Mackenzie Financial Corp increased its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 75.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 468,826 shares of the company’s stock after acquiring an additional 201,333 shares during the quarter. Mackenzie Financial Corp’s holdings in Palantir Technologies were worth $85,523,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of PLTR. Bare Financial Services Inc grew its holdings in Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after purchasing an additional 55 shares during the period. Delos Wealth Advisors LLC bought a new stake in Palantir Technologies in the second quarter valued at $29,000. Zeit Capital LLC acquired a new position in shares of Palantir Technologies during the second quarter valued at about $30,000. Financial Consulate Inc. acquired a new position in shares of Palantir Technologies during the third quarter valued at about $30,000. Finally, MTM Investment Management LLC bought a new position in shares of Palantir Technologies during the 2nd quarter worth about $31,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies Price Performance

NASDAQ:PLTR opened at $151.60 on Thursday. The firm has a 50-day moving average of $153.81 and a 200-day moving average of $168.90. The company has a market cap of $362.58 billion, a PE ratio of 240.64, a PEG ratio of 3.00 and a beta of 1.70. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52.

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

Analyst Upgrades and Downgrades

PLTR has been the subject of several research reports. Argus upgraded Palantir Technologies to a “hold” rating in a research note on Monday, February 9th. Jefferies Financial Group set a $208.00 price target on Palantir Technologies in a research note on Thursday, January 22nd. 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. Phillip Securities assumed coverage on Palantir Technologies in a research note on Thursday, January 22nd. They issued a “buy” rating and a $208.00 price objective for the company. Finally, HSBC upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price objective for the company in a report on Tuesday, February 3rd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Palantir Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $192.68.

Key Palantir Technologies News

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

• Positive Sentiment: Company guidance points to rapid growth and margin expansion — Palantir guided to roughly $7.19B in 2026 sales (about 61% YoY) with improving free cash flow and surging margins, reinforcing its enterprise-AI leadership and giving investors a fundamentals-driven reason to bid the stock up. Palantir’s Profitability Edge Strengthens Its AI Leadership
• Positive Sentiment: Defense authorization expands addressable market — DISA approved Palantir Federal Cloud Service (PFCS) Forward for on‑premises and edge deployments, broadening Palantir’s ability to win secure, high-value DoD contracts. Palantir (PLTR) Secures DISA Authorization for PFCS Forward Cloud Service
• Positive Sentiment: New commercial vertical deal — A partnership with Polymarket and TWG AI to build a sports‑integrity platform showcases Palantir’s ability to monetize its Vergence AI/compliance stack beyond government customers. This supports the narrative of diversified revenue growth. Polymarket Partners With Palantir and TWG AI
• Neutral Sentiment: Analyst momentum and price targets are supportive but mixed — Multiple firms remain bullish with median targets around $200, giving upside for investors who buy on strength; coverage is driving sentiment but also creates target-driven volatility. QuiverQuant: Opinions on Q4 Revenue Growth
• Neutral Sentiment: Sector earnings/valuation debate still matters — Strong AI/security peers (e.g., CrowdStrike) are stirring debate about how much valuation premium is justified; that discussion can amplify intraday moves in PLTR. CrowdStrike Delivered a Blowout Quarter—and the Stock Yawned
• Negative Sentiment: Large insider selling raises liquidity/comfort questions — Recent reports highlight major insider share sales (part of a broader $9.6B combined Nvidia/Palantir disclosure), which can pressure sentiment and be cited as a reason for profit‑taking. Nvidia and Palantir Insiders Dump $9.6 Billion Worth Shares
• Negative Sentiment: High valuation and short‑term pullbacks remain risks — PLTR trades at a rich P/E and has shown volatile swings (recent intraday declines were noted), so strong guidance and wins are priced alongside execution and macro/geopolitical risk. Palantir Declines More Than Market

Insider Activity

In other news, insider Alexander C. Karp sold 493,025 shares of the 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 completion of 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 SEC, which is available through this hyperlink. Also, insider Stephen Andrew Cohen sold 327,088 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $43,738,207.36. Following the completion of the transaction, the insider owned 592 shares in the company, valued at $79,162.24. This 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 sold 1,054,279 shares of company stock worth $142,212,233. Company insiders own 9.23% of the company’s stock.

Palantir Technologies 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.