IFM Investors Pty Ltd Increases Stock Holdings in Palantir Technologies Inc. $PLTR

IFM Investors Pty Ltd increased its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 5.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 465,284 shares of the company’s stock after purchasing an additional 23,954 shares during the quarter. Palantir Technologies makes up 0.6% of IFM Investors Pty Ltd’s holdings, making the stock its 26th biggest position. IFM Investors Pty Ltd’s holdings in Palantir Technologies were worth $68,062,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Basepoint Wealth LLC purchased a new position in Palantir Technologies during the fourth quarter worth $29,000. Morton Brown Family Wealth LLC raised its stake in shares of Palantir Technologies by 250.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock valued at $31,000 after acquiring an additional 125 shares during the period. Cornerstone Financial Management LLC purchased a new stake in shares of Palantir Technologies in the fourth quarter valued at $31,000. United Financial Planning Group LLC bought a new stake in shares of Palantir Technologies in the 3rd quarter worth about $32,000. Finally, Clayton Financial Group LLC lifted its holdings in shares of Palantir Technologies by 500.0% in the 4th quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock worth $32,000 after acquiring an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on PLTR shares. BNP Paribas Exane started coverage on shares of Palantir Technologies in a report on Tuesday, June 16th. They set an “underperform” rating on the stock. Argus raised shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a research note on Wednesday, May 6th. HSBC lowered Palantir Technologies from a “buy” rating to a “hold” rating and dropped their target price for the company from $205.00 to $151.00 in a research report on Friday, May 1st. Rosenblatt Securities reaffirmed a “buy” rating and set a $225.00 target price on shares of Palantir Technologies in a research note on Friday, June 5th. Finally, President Capital upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and increased their price target for the stock from $25.50 to $133.00 in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $190.46.

Palantir Technologies Price Performance

PLTR stock opened at $116.67 on Wednesday. The company has a market capitalization of $279.69 billion, a PE ratio of 131.09, a P/E/G ratio of 1.86 and a beta of 1.53. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $207.52. The firm’s 50-day moving average is $134.82 and its 200 day moving average is $149.25.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, May 4th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.05. The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The firm’s quarterly revenue was up 84.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.13 EPS. Sell-side analysts forecast that Palantir Technologies Inc. will post 1.16 EPS for the current fiscal year.

Insider Activity

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 319,934 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $43,523,821.36. Following the transaction, the insider directly owned 592 shares in the company, valued at $80,535.68. This trade represents a 99.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Alexander C. Karp sold 397,744 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $54,109,093.76. Following the transaction, the insider owned 6,432,258 shares in the company, valued at $875,044,378.32. The trade was a 5.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 927,270 shares of company stock valued at $126,197,785. Insiders own 9.53% of the company’s stock.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Palantir announced a strategic NVIDIA partnership to bring Nemotron models into secure U.S. government and critical infrastructure environments, strengthening its AI and defense positioning. Palantir Launches Engine for Deploying NVIDIA Nemotron Open Models in Sovereign Environments
• Positive Sentiment: Palantir expanded its Surf Air Mobility partnership to accelerate SurfOS commercialization, signaling additional enterprise adoption and revenue opportunities. Palantir and Surf Air Mobility Expand Partnership to Accelerate Commercialization of OperatorOS, OwnerOS, and Enterprise Products
• Positive Sentiment: Analyst commentary pointed to expanding customer demand and long-term enterprise AI growth, while several reports said Wall Street still sees substantial upside in PLTR. Palantir’s Expanding Customer Base Fuels Enterprise AI Growth
• Neutral Sentiment: Some articles remained focused on valuation, recent weakness, and short-selling activity, which keeps the stock volatile even after the rebound. Palantir’s Rough 2026 Start Raises a Bigger Question About Its AI Moat?
• Negative Sentiment: Bearish commentary continues to question whether Palantir’s moat is shrinking and whether its premium valuation leaves the stock vulnerable to sharp swings. ‘Moat Is Shrinking,’ Says Top Investor About Palantir 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.