Mitsubishi UFJ Asset Management Co. Ltd. Purchases 438,314 Shares of Palantir Technologies Inc. $PLTR

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 10.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,775,751 shares of the company’s stock after acquiring an additional 438,314 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.20% of Palantir Technologies worth $871,192,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of PLTR. Vanguard Group Inc. raised its stake in Palantir Technologies by 4.0% in the third quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock valued at $39,017,133,000 after buying an additional 8,168,604 shares during the period. State Street Corp increased its holdings in shares of Palantir Technologies by 6.9% during the 2nd quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after acquiring an additional 6,097,629 shares during the last quarter. Norges Bank bought a new stake in Palantir Technologies in the 2nd quarter valued at $3,307,457,000. Invesco Ltd. lifted its holdings in Palantir Technologies by 16.0% during the 2nd quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock valued at $2,806,182,000 after purchasing an additional 2,838,300 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Palantir Technologies by 3.1% during the second quarter. Charles Schwab Investment Management Inc. now owns 14,042,239 shares of the company’s stock worth $1,914,238,000 after purchasing an additional 427,840 shares during the period. 45.65% of the stock is owned by institutional investors.

Key Palantir Technologies News

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

• Positive Sentiment: DISA granted Palantir Impact Level‑6 provisional authorization, allowing Palantir’s stack to run in the most sensitive DoD cloud/edge environments — expands addressable DoD opportunity and supports defense revenue durability. Read More.
• Positive Sentiment: Palantir announced a GE Aerospace partnership to support a Defense Logistics Agency contract (supply‑chain/fleet optimization for J85 engines) — a concrete, revenue‑bearing use of Palantir’s AI for defense customers. Read More.
• Positive Sentiment: Analyst bullishness: Mizuho upgraded/endorsed Palantir as a “category of one,” and several boutiques raised targets — analyst upgrades can lift sentiment and buying flows after recent weakness. Read More.
• Positive Sentiment: Nvidia CEO remarks and broad AI optimism are lifting AI platform names (tailwind for Palantir’s AIP adoption narrative). Positive industry headlines can re‑rate software multiple expansion expectations. Read More.
• Neutral Sentiment: Commercial partnerships (e.g., Rackspace) and strong earnings/growth writeups reinforce the long‑term story, but analysts remain split on valuation — supportive for holders, less decisive for near‑term direction. Read More.
• Neutral Sentiment: Options/strategy pieces (selling puts, protective trades) reflect increased trader interest and higher implied volatility — useful for income/hedge-oriented investors but not a directional fundamental change. Read More.
• Negative Sentiment: Heavy insider selling disclosed this week — multiple senior execs (including Alex Karp, S. Cohen, Shyam Sankar and others) executed large block sales, raising governance and confidence concerns among investors. Read More.
• Negative Sentiment: Governance/legal/valuation headwinds: Michael Burry’s public bearish stance, congressional trading scrutiny and articles citing a large pullback (35–38%) are amplifying fear and triggering technical selling in a high‑beta stock. Read More.
• Negative Sentiment: Reported well‑timed congressional/representative stock sales are drawing scrutiny (suspicious timing headlines) that can exacerbate short‑term volatility and investor caution. Read More.

Insiders Place Their Bets

In related news, insider Stephen Andrew Cohen sold 327,088 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the sale, the insider owned 592 shares of the company’s stock, valued at $79,162.24. This trade represents a 99.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider David A. Glazer sold 17,438 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $2,331,809.36. Following the sale, the insider owned 392,370 shares in the company, valued at $52,467,716.40. This represents a 4.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,054,279 shares of company stock worth $142,212,233 over the last 90 days. Insiders own 9.23% of the company’s stock.

Palantir Technologies Price Performance

Shares of PLTR opened at $134.19 on Thursday. The firm has a 50 day simple moving average of $161.79 and a two-hundred day simple moving average of $170.49. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The company has a market cap of $319.83 billion, a P/E ratio of 213.00, a P/E/G ratio of 2.48 and a beta of 1.64.

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

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. HSBC upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price objective for the company in a research report on Tuesday, February 3rd. DA Davidson decreased their price objective on Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating on the stock in a report on Tuesday, February 3rd. Northland Securities upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research report on Tuesday, February 3rd. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Finally, UBS Group cut their price objective on shares of Palantir Technologies from $205.00 to $180.00 and set a “neutral” rating for the company in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Palantir Technologies currently has a consensus rating of “Hold” and an average price target of $191.05.

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.