BNP Paribas Boosts Holdings in Palantir Technologies Inc. $PLTR

BNP Paribas lifted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 17.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,512 shares of the company’s stock after purchasing an additional 7,250 shares during the period. BNP Paribas’ holdings in Palantir Technologies were worth $8,991,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the business. Decker Retirement Planning Inc. raised its position in Palantir Technologies by 778.7% in the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock valued at $11,187,000 after purchasing an additional 54,347 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Palantir Technologies by 3.6% in 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. Prentice Wealth Management LLC acquired a new position in shares of Palantir Technologies during the third quarter worth about $550,000. Watershed Private Wealth LLC grew its position in shares of Palantir Technologies by 75.3% during the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock worth $1,423,000 after buying an additional 3,350 shares in the last quarter. Finally, GAM Holding AG increased its stake in shares of Palantir Technologies by 39.0% during the third quarter. GAM Holding AG now owns 13,788 shares of the company’s stock worth $2,515,000 after buying an additional 3,868 shares during the period. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies News Roundup

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

• Positive Sentiment: Nvidia partnership: Palantir and Nvidia unveiled a sovereign AI operating‑system reference architecture, positioning Palantir to sell turnkey, government‑grade AI deployments — a clear revenue catalyst and reason analysts raised estimates. Read More.
• Positive Sentiment: Defense & industrial contract wins: GE Aerospace expanded its multi‑year deployment of Palantir AI across sustainment and production; Centrus and LG CNS also announced major partnerships — these customer wins underpin recurring commercial revenue. Read More.
• Positive Sentiment: New strategic alliances broaden addressable market: Palantir partnered with Ondas and World View for multi‑domain intelligence and highlighted customer case studies at AIPCon — supports expansion into aerospace, drones and energy. Read More.
• Positive Sentiment: Financial/operational beat and bullish analyst signal: Coverage notes a recent quarter with revenue beats and big commercial growth; Truist reiterated a Buy with a $223 target — both lend near‑term support. Read More.
• Neutral Sentiment: Wall‑street and media attention: PLTR is getting heavy analyst and retail focus (Zacks, Schwab/YouTube segments) that can amplify moves in either direction depending on flows. Read More.
• Neutral Sentiment: Analyst comparisons: Some outlets compare Palantir vs. other AI/semiconductor plays (Micron, Nvidia) — useful for framing relative valuation but not an immediate stock mover. Read More.
• Negative Sentiment: Valuation concerns after run: Coverage notes PLTR pulled back from record highs and faces steep multiples — that critique is pressuring sentiment and prompting profit‑taking. Read More.
• Negative Sentiment: Profit‑taking / short‑term selling: Analysts and trading outlets attribute today’s decline to profit‑taking after the rally, amplifying volatility. Read More.
• Negative Sentiment: Governance/tech‑credibility attacks: Michael Burry and others publicly question Palantir’s AI IP and military claims, a reputational headwind that can depress multiple and invite activist pressure. Read More.
• Negative Sentiment: Operational/geopolitical risk: Palantir’s tools are tied to Middle East operations; use of Anthropic’s Claude despite a Pentagon blacklist and IRGC threats raise policy and counterparty risk for defense contracts. Read More.
• Negative Sentiment: Media scrutiny on wartime use of Palantir systems could spur regulatory, contract or reputational fallout if incidents escalate. Read More.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider David A. Glazer sold 17,438 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the completion of the sale, the insider directly owned 392,370 shares of the company’s stock, valued at approximately $52,467,716.40. This trade represents a 4.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $129.08, for a total value of $159,026.56. Following the completion of the transaction, the insider owned 43,108 shares in the company, valued at $5,564,380.64. This trade represents a 2.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,045,279 shares of company stock valued at $140,539,043. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies Price Performance

Shares of Palantir Technologies stock opened at $150.95 on Friday. The firm’s fifty day simple moving average is $152.99 and its 200-day simple moving average is $168.81. Palantir Technologies Inc. has a 12 month low of $66.12 and a 12 month high of $207.52. The stock has a market capitalization of $361.02 billion, a price-to-earnings ratio of 239.61, a PEG ratio of 2.99 and a beta of 1.70.

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

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Daiwa Securities Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 target price on the stock in a report on Tuesday, February 10th. Truist Financial started coverage on shares of Palantir Technologies in a report on Tuesday, January 6th. They set a “buy” rating and a $223.00 price target for the company. The Goldman Sachs Group dropped their price objective on shares of Palantir Technologies from $188.00 to $182.00 in a research report on Tuesday, February 3rd. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a report on Monday, February 2nd. Finally, 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 report on Tuesday, February 3rd. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Palantir Technologies has a consensus rating of “Moderate Buy” and an average target price of $192.68.

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.