a16z Perennial Management L.P. Makes New Investment in Palantir Technologies Inc. $PLTR

a16z Perennial Management L.P. bought a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 7,921 shares of the company’s stock, valued at approximately $1,445,000. Palantir Technologies makes up approximately 0.1% of a16z Perennial Management L.P.’s holdings, making the stock its 28th largest holding.

Several other institutional investors have also modified their holdings of PLTR. Canada Post Corp Registered Pension Plan grew its holdings in shares of Palantir Technologies by 24.8% in the 3rd quarter. Canada Post Corp Registered Pension Plan now owns 46,860 shares of the company’s stock worth $8,381,000 after acquiring an additional 9,300 shares during the period. Wellington Shields Capital Management LLC boosted its position in Palantir Technologies by 1.4% during the third quarter. Wellington Shields Capital Management LLC now owns 7,347 shares of the company’s stock worth $1,340,000 after purchasing an additional 101 shares in the last quarter. Elyxium Wealth LLC boosted its position in Palantir Technologies by 9.3% during the third quarter. Elyxium Wealth LLC now owns 12,165 shares of the company’s stock worth $2,219,000 after purchasing an additional 1,037 shares in the last quarter. Thompson Davis & CO. Inc. acquired a new stake in Palantir Technologies in the third quarter valued at $201,000. Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd increased its position in shares of Palantir Technologies by 95.8% in the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 204,471 shares of the company’s stock valued at $37,300,000 after buying an additional 100,042 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Trading Up 4.5%

Shares of NASDAQ:PLTR opened at $135.90 on Friday. Palantir Technologies Inc. has a 12-month low of $66.12 and a 12-month high of $207.52. The stock’s 50-day moving average price is $173.84 and its two-hundred day moving average price is $173.08. The firm has a market cap of $323.91 billion, a price-to-earnings ratio of 215.72, a PEG ratio of 2.50 and a beta of 1.64.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The business had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same period last year, the company earned $0.14 earnings per share. The company’s quarterly revenue was up 70.0% on a year-over-year basis. As a group, research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Shyam Sankar sold 149,872 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $24,577,509.28. Following the completion of the sale, the insider directly owned 642,786 shares of the company’s stock, valued at $105,410,476.14. The trade was a 18.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider David A. Glazer sold 15,557 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $2,551,192.43. Following the completion of the transaction, the insider directly owned 415,612 shares in the company, valued at $68,156,211.88. This trade represents a 3.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,023,844 shares of company stock worth $167,455,085 over the last 90 days. Company insiders own 9.23% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Morgan Stanley boosted their price objective on shares of Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 4th. UBS Group reduced their price target on shares of Palantir Technologies from $205.00 to $180.00 and set a “neutral” rating on the stock in a report on Tuesday. Robert W. Baird raised shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective for the company in a research note on Tuesday. Cantor Fitzgerald reiterated a “neutral” rating on shares of Palantir Technologies in a report on Tuesday. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Eleven analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $191.95.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Blowout Q4 results: Palantir reported ~ $1.4B revenue (+70% YoY), beat EPS, showed huge U.S. commercial growth and stronger margins — the core fundamental catalyst that pushed upgrades and buying interest. Analysts Boost Targets After Earnings Blowout
• Positive Sentiment: Analyst upgrades and higher targets: Multiple shops (HSBC, Deutsche Bank, Northland, others) raised ratings/targets after Q4, providing short‑term momentum and institutional interest. HSBC Upgrades PLTR to Buy
• Neutral Sentiment: Research firms raising near‑term estimates: Northland and others lifted quarterly/annual EPS and issued Outperform/price‑target notes — helpful for modeling but not unanimous buy confirmation. Northland Raises Estimates
• Neutral Sentiment: Commercial partnerships expanding reach: New Cognizant partnership to embed Palantir Foundry/AIP into healthcare and enterprise operations — supports longer‑term commercial adoption but uncertain near‑term revenue impact. Cognizant Partnership
• Neutral Sentiment: Minor insider selling disclosed (director sales) — small in dollar terms but worth monitoring for ownership trends. Insider Sale Filing
• Negative Sentiment: Valuation concerns: Despite strong growth, commentators and some sell‑side analysts warn PLTR trades at very rich multiples (high P/E, P/S), leaving the stock vulnerable to multiple compression. Valuation Concerns Weigh
• Negative Sentiment: Target trims and downgrades: A few shops pared targets or trimmed outlooks (e.g., DA Davidson), adding near‑term selling pressure despite the beat. Price Target Lowered to $180
• Negative Sentiment: Sector rotation / AI selloff: Broader tech and AI weakness has pulled high‑beta winners lower and can offset company‑specific positive news during risk‑off moves. AI Worries Slam Tech Stocks

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.