Palantir Technologies Inc. $PLTR Shares Purchased by New York Life Investment Management LLC

New York Life Investment Management LLC raised its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 6.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 308,531 shares of the company’s stock after purchasing an additional 19,200 shares during the period. New York Life Investment Management LLC’s holdings in Palantir Technologies were worth $56,282,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of PLTR. Revolve Wealth Partners LLC purchased a new position in shares of Palantir Technologies during the 4th quarter worth approximately $450,000. Bison Wealth LLC grew its holdings in Palantir Technologies by 37.4% during the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after buying an additional 4,667 shares during the last quarter. Capstone Wealth Management Group LLC increased its position in Palantir Technologies by 38.0% during the first quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock worth $1,447,000 after buying an additional 4,722 shares in the last quarter. Robertson Stephens Wealth Management LLC acquired a new position in shares of Palantir Technologies in the second quarter worth $260,000. Finally, Eastern Bank lifted its position in shares of Palantir Technologies by 11.2% in the second quarter. Eastern Bank now owns 3,344 shares of the company’s stock valued at $456,000 after acquiring an additional 338 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Buying and Selling at Palantir Technologies

In related news, insider Ryan D. Taylor sold 12,000 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total value of $2,176,200.00. Following the transaction, the insider directly owned 239,409 shares of the company’s stock, valued at approximately $43,416,822.15. This trade represents a 4.77% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider David A. Glazer sold 9,000 shares of Palantir Technologies stock in a transaction on Friday, December 12th. The shares were sold at an average price of $185.91, for a total value of $1,673,190.00. Following the completion of the transaction, the insider owned 413,639 shares in the company, valued at $76,899,626.49. The trade was a 2.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 1,023,844 shares of company stock worth $167,455,085. 9.23% of the stock is currently owned by company insiders.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Palantir announced a partnership with Cognizant to accelerate AI-driven healthcare modernization, expanding Foundry/AIP distribution into large healthcare IT workflows — a commercially meaningful customer/partner win that supports revenue growth expectations. Palantir (PLTR) Cognizant partner to accelerate AI-driven healthcare modernization
• Positive Sentiment: Recent quarterly results show revenue and EPS beats (strong growth and improving margins), which underpin the company’s fundamentals and help explain buy-the-dip interest from some investors. Strong Palantir (PLTR) Results Fail to Shift RBC’s Bearish Stance
• Neutral Sentiment: Some investors/publications argue Palantir could stabilize after the pullback (a view that can limit further outflows but is not a clear buy signal). ‘A Backwater No Longer’: This Investor Doesn’t Expect Palantir to Keep Dropping
• Neutral Sentiment: Billionaire Peter Thiel’s hedge fund holdings do not include Palantir (and his public commentary is more philosophical than a direct endorsement), which is notable given his role but ambiguous for the stock’s near-term flow. The Only 3 AI Stocks Billionaire Peter Thiel’s Hedge Fund Owns (Hint: Palantir or Nvidia Aren’t on the List)
• Negative Sentiment: Multiple media pieces and analysts warn Palantir remains richly valued and susceptible to large pullbacks; one analysis argues historical patterns imply significantly more downside from the peak. Those narratives pressure sentiment and can drive further selling. AI Superstar Palantir Has Plunged 37% From Its All-Time High — and a Minimum Decline of 60% Should Be Expected
• Negative Sentiment: Analyst notes and commentary (Jefferies, RBC, Seeking Alpha coverage) emphasize valuation concerns despite good results; several outlets call PLTR expensive or a potential “bull trap,” keeping a cap on rerating. Palantir Technologies’ valuation concerns weighing on stock despite strong fundamentals, Jefferies says
• Negative Sentiment: Opinion pieces suggesting alternatives (e.g., UiPath) can divert investment flows away from PLTR, especially among value-seeking or rotation-minded investors. Palantir Stock Is Interesting, but Here’s What I’d Buy Instead

Palantir Technologies Stock Performance

PLTR opened at $135.90 on Monday. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52. The company’s 50 day simple moving average is $173.84 and its 200 day simple moving average is $173.38. The stock has a market capitalization of $323.91 billion, a PE ratio of 215.72, a P/E/G ratio of 2.61 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 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates 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 quarter in the prior year, the business posted $0.14 earnings per share. As a group, sell-side analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. UBS Group dropped their price objective on Palantir Technologies from $205.00 to $180.00 and set a “neutral” rating for the company in a research report on Tuesday, February 3rd. Royal Bank Of Canada raised their price target on shares of Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a research note on Tuesday, November 4th. The Goldman Sachs Group lowered their price target on shares of Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. Jefferies Financial Group set a $208.00 price objective on shares of Palantir Technologies in a research note on Thursday, January 22nd. Finally, CICC Research lifted their target price on shares of Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 12th. Eleven investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $191.95.

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.