Connor Clark & Lunn Investment Management Ltd. Grows Stock Holdings in Palantir Technologies Inc. $PLTR

Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 10.3% during the third quarter, HoldingsChannel reports. The fund owned 419,646 shares of the company’s stock after purchasing an additional 39,310 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in Palantir Technologies were worth $76,552,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in PLTR. Tennessee Valley Asset Management Partners bought a new position in shares of Palantir Technologies in the third quarter worth $411,000. SageView Advisory Group LLC raised its stake in shares of Palantir Technologies by 39.2% during the 3rd quarter. SageView Advisory Group LLC now owns 8,290 shares of the company’s stock valued at $1,512,000 after purchasing an additional 2,333 shares during the period. Nemes Rush Group LLC raised its stake in shares of Palantir Technologies by 0.6% during the 3rd quarter. Nemes Rush Group LLC now owns 27,319 shares of the company’s stock valued at $4,984,000 after purchasing an additional 172 shares during the period. Financial Life Planners lifted its holdings in Palantir Technologies by 8.3% during the 3rd quarter. Financial Life Planners now owns 28,921 shares of the company’s stock worth $5,276,000 after purchasing an additional 2,216 shares in the last quarter. Finally, NCP Inc. boosted its stake in Palantir Technologies by 273.0% in the 3rd quarter. NCP Inc. now owns 35,623 shares of the company’s stock worth $6,498,000 after purchasing an additional 26,073 shares during the period. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Trading Up 0.3%

Shares of PLTR opened at $151.60 on Thursday. Palantir Technologies Inc. has a 12-month low of $66.12 and a 12-month high of $207.52. The company has a market cap of $362.58 billion, a PE ratio of 240.64, a price-to-earnings-growth ratio of 3.00 and a beta of 1.70. The stock has a 50-day moving average price of $153.81 and a 200-day moving average price of $168.90.

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

More 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 Transactions at Palantir Technologies

In related news, insider Ryan D. Taylor sold 19,988 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $2,672,795.36. Following the completion of the transaction, the insider directly owned 219,421 shares in the company, valued at approximately $29,340,976.12. The trade was a 8.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shyam Sankar sold 168,004 shares of the stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $22,465,494.88. Following the completion of the transaction, the insider directly owned 642,786 shares in the company, valued at approximately $85,953,343.92. This represents a 20.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,054,279 shares of company stock worth $142,212,233. Company insiders own 9.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on PLTR. UBS Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and reduced their target price for the company from $180.00 to $150.00 in a report on Thursday, February 26th. Rosenblatt Securities began coverage on shares of Palantir Technologies in a research report on Friday, February 27th. They issued a “buy” rating and a $150.00 price objective for the company. Jefferies Financial Group set a $208.00 price objective on shares of Palantir Technologies in a research note on Thursday, January 22nd. Robert W. Baird upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price on the stock in a research note on Tuesday, February 3rd. Finally, Cantor Fitzgerald reissued a “neutral” rating on shares of Palantir Technologies in a report on Tuesday, February 3rd. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $192.68.

About Palantir Technologies

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.