State of Alaska Department of Revenue Buys 4,035 Shares of Palantir Technologies Inc. $PLTR

State of Alaska Department of Revenue raised its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 1.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 243,665 shares of the company’s stock after acquiring an additional 4,035 shares during the period. Palantir Technologies comprises 0.5% of State of Alaska Department of Revenue’s holdings, making the stock its 28th largest position. State of Alaska Department of Revenue’s holdings in Palantir Technologies were worth $44,449,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after buying an additional 7,194,216 shares during the period. State Street Corp increased its position in shares of Palantir Technologies by 6.9% in the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock valued at $12,879,667,000 after acquiring an additional 6,097,629 shares during the period. Norges Bank bought a new position in shares of Palantir Technologies during the second quarter valued at about $3,307,457,000. Invesco Ltd. raised its stake in shares of 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, Kingstone Capital Partners Texas LLC purchased a new stake in shares of Palantir Technologies during the second quarter worth about $2,543,888,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Activity

In related news, Director Lauren Elaina Friedman Stat sold 3,400 shares of Palantir Technologies stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $181.35, for a total transaction of $616,590.00. Following the completion of the transaction, the director directly owned 58,687 shares of the company’s stock, valued at $10,642,887.45. This trade represents a 5.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Jeffrey Buckley sold 1,252 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $157.50, for a total transaction of $197,190.00. Following the completion of the sale, the insider owned 47,044 shares in the company, valued at approximately $7,409,430. This trade represents a 2.59% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,023,444 shares of company stock worth $167,394,629. 9.23% of the stock is currently owned by corporate insiders.

Palantir Technologies Stock Performance

PLTR stock opened at $176.86 on Friday. Palantir Technologies Inc. has a fifty-two week low of $63.40 and a fifty-two week high of $207.52. The company has a market capitalization of $421.53 billion, a price-to-earnings ratio of 421.11, a price-to-earnings-growth ratio of 4.57 and a beta of 1.54. The business’s 50 day moving average price is $179.67 and its two-hundred day moving average price is $170.17.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The firm’s revenue for the quarter was up 62.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.10 EPS. Sell-side analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Raymond James Financial restated a “market perform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. Daiwa Capital Markets lifted their price objective on Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of Palantir Technologies in a research note on Monday, December 29th. Bank of America upped their target price on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Finally, Robert W. Baird raised their price target on Palantir Technologies from $170.00 to $200.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $174.69.

Key Palantir Technologies News

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

• Positive Sentiment: Truist initiated coverage with a Buy and $223 price target, arguing the company’s AI/defense backlog and contract runway justify upside over the next 12 months. Palantir Is Pulling Back After a Post‑Venezuela Run Higher
• Positive Sentiment: High‑profile supporters and media coverage continue to highlight Palantir’s AI/defense positioning (Jim Cramer expressed confidence), which can support demand from momentum and thematic investors. Jim Cramer on Palantir
• Neutral Sentiment: Market chatter that Palantir’s tech may have been involved in a high‑profile Venezuela operation has driven attention and volume — a catalyst for volatility but uncertain as a durable revenue driver. Palantir Involved in the Capture of Nicolás Maduro?
• Neutral Sentiment: Brokerage consensus sits around a “Hold,” reflecting mixed analyst views: some bullish on backlog and contracts, others cautious on valuation and execution. Consensus Recommendation of “Hold”
• Neutral Sentiment: Policy/regulatory tailwinds like proposed higher U.S. defense spending could help Palantir win more government work, but timing and award sizes remain uncertain. How Does Trump’s Potential $1.5T Defense Budget Impact Palantir
• Negative Sentiment: A veteran analyst publicly warned about reputational and legal risks tied to the Venezuela raid speculation, which can prompt selling from risk‑sensitive investors. Veteran analyst sounds alarm on Palantir stock after Venezuela raid
• Negative Sentiment: Multiple insider and notable investor sales have surfaced this week (director sale ~$616.6k; another insider sale ~$2.18M; Ark/ Cathie Wood sold ~$10.4M), raising concerns about near‑term selling pressure and signaling some insiders/institutions trimming exposure. Insider Selling: Director Sells $616,590 Insider Sells $2,176,200 Cathie Wood Sells $10M in Palantir Stock
• Negative Sentiment: Valuation concerns persist — commentators note Palantir trades at very high multiples (extremely elevated P/E and price‑to‑sales relative to peers), which raises downside risk if growth slows or execution falters. Englander Sells Palantir
• Negative Sentiment: Recent intraday pullback and a negative session note (Zacks) reflect profit‑taking after a strong 2025 run; momentum traders may be exiting into the volatility. PLTR Stock Slides as Market Rises

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.