Palantir Technologies Inc. $PLTR Shares Acquired by PensionDanmark Pensionsforsikringsaktieselskab

PensionDanmark Pensionsforsikringsaktieselskab lifted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 3.6% during the second quarter, Holdings Channel reports. The institutional investor owned 417,348 shares of the company’s stock after purchasing an additional 14,470 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Palantir Technologies were worth $48,677,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Basepoint Wealth LLC purchased a new stake in shares of Palantir Technologies during the 4th quarter worth $29,000. Ballast Advisors LLC acquired a new position in shares of Palantir Technologies during the 1st quarter worth $29,000. Morton Brown Family Wealth LLC increased its holdings in shares of Palantir Technologies by 250.0% in the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock valued at $31,000 after purchasing an additional 125 shares in the last quarter. Cornerstone Financial Management LLC purchased a new position in shares of Palantir Technologies in the 4th quarter valued at about $31,000. Finally, Whipplewood Advisors LLC purchased a new position in shares of Palantir Technologies in the 1st quarter valued at about $32,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Stock Down 1.6%

Palantir Technologies stock opened at $155.92 on Friday. The firm has a market capitalization of $373.79 billion, a PE ratio of 133.26, a P/E/G ratio of 2.42 and a beta of 1.59. Palantir Technologies Inc. has a 52 week low of $106.37 and a 52 week high of $207.52. The firm’s 50-day simple moving average is $131.45 and its 200 day simple moving average is $139.69.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.07. The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The firm’s revenue for the quarter was up 92.8% on a year-over-year basis. During the same period last year, the firm posted $0.16 EPS. On average, research analysts expect that Palantir Technologies Inc. will post 1.21 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on PLTR. Oppenheimer downgraded shares of Palantir Technologies from an “outperform” rating to a “market perform” rating in a report on Tuesday. President Capital raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and increased their target price for the company from $25.50 to $133.00 in a report on Monday, June 29th. Zacks Research upgraded shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Northland Securities set a $200.00 price target on Palantir Technologies in a research note on Tuesday. Finally, Wedbush initiated coverage on Palantir Technologies in a report on Tuesday, June 16th. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $190.73.

Insiders Place Their Bets

In related news, insider Alexander C. Karp sold 397,744 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $54,109,093.76. Following the sale, the insider owned 6,432,258 shares of the company’s stock, valued at approximately $875,044,378.32. This represents a 5.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Lauren Elaina Friedman Stat sold 1,598 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $160.00, for a total value of $255,680.00. Following the sale, the director owned 55,022 shares in the company, valued at approximately $8,803,520. This trade represents a 2.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,112,270 shares of company stock valued at $150,247,785. Corporate insiders own 9.53% of the company’s stock.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Blowout earnings and higher guidance remain the main bullish catalyst. Palantir reported second-quarter revenue of approximately $1.94 billion, up 93% year over year and ahead of the $1.81 billion consensus estimate. U.S. commercial revenue surged 149%, while government revenue rose 90%. The company also raised its full-year revenue, profit and cash-flow outlook, reinforcing expectations for continued AI demand and accelerating growth. Palantir Just Reported a Blowout Quarter and Raised Its Guidance
• Positive Sentiment: Analyst earnings estimates are moving higher. Northland Securities raised its forecasts for several upcoming quarters, including Q3 2026 EPS to $0.30 from $0.27 and Q4 2026 EPS to $0.35 from $0.29. Piper Sandler also assigned an “Overweight” rating, while other analysts said the results make a potential return to $200 more plausible. Palantir Earns Overweight Rating from Piper Sandler
• Positive Sentiment: Founder and investor confidence provides a supportive signal. Peter Thiel continues to own roughly 3% of Palantir, a stake valued at more than $10 billion, suggesting continued conviction in the company’s long-term growth prospects. Peter Thiel Still Owns Roughly 3% of Palantir

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.