Palantir Technologies Inc. $PLTR Position Increased by Legal & General Group Plc

Legal & General Group Plc grew its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 6.6% during the third quarter, Holdings Channel reports. The firm owned 13,704,938 shares of the company’s stock after acquiring an additional 847,144 shares during the quarter. Palantir Technologies comprises 0.6% of Legal & General Group Plc’s portfolio, making the stock its 23rd largest holding. Legal & General Group Plc’s holdings in Palantir Technologies were worth $2,500,055,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of PLTR. Bare Financial Services Inc grew its position in shares of Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after buying an additional 55 shares during the last quarter. Delos Wealth Advisors LLC bought a new position in Palantir Technologies in the second quarter worth about $29,000. Zeit Capital LLC bought a new position in Palantir Technologies in the second quarter worth about $30,000. Financial Consulate Inc. acquired a new position in Palantir Technologies in the third quarter valued at approximately $30,000. Finally, MTM Investment Management LLC bought a new position in shares of Palantir Technologies during the second quarter valued at approximately $31,000. 45.65% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on PLTR shares. CICC Research increased their price target on Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 12th. Loop Capital reduced their price objective on Palantir Technologies from $230.00 to $220.00 and set a “buy” rating for the company in a research report on Friday, January 30th. Daiwa Securities Group upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a research note on Tuesday, February 10th. Zacks Research lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Finally, Northland Securities upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a research note on Tuesday, February 3rd. Two investment 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $192.68.

Palantir Technologies Trading Down 0.5%

PLTR opened at $156.43 on Tuesday. The business’s 50 day moving average is $154.93 and its 200-day moving average is $169.08. The stock has a market cap of $374.13 billion, a PE ratio of 248.31, a price-to-earnings-growth ratio of 3.12 and a beta of 1.70. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52.

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

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Geopolitical tensions (U.S.–Iran) and rising defense demand are being cited as a near‑term catalyst for more Palantir contracts and a surge in investor interest. This narrative helps explain recent share strength as investors reprice defense/AI exposure. Why Palantir Is Soaring While Big Tech Tanks
• Positive Sentiment: Industry coverage and market commentary point to accelerating adoption of Palantir’s AIP, expanding U.S. commercial sales, and improving margins — factors analysts cite in bullish forecasts for 2026 upside. Palantir Stock Forecast: Is PLTR Heading to $260 or Dropping Further From Here?
• Positive Sentiment: Multiple analyst writeups and buy‑side notes (including a Rosenblatt initiation) are highlighting Palantir’s role as an LLM/AI backbone for government and commercial customers — supporting bullish views that the company can capture displaced LLM workloads. Why Analysts Are Bullish on Palantir Technologies Inc. (PLTR)
• Neutral Sentiment: Insider/owner activity: Century Legend sold a small block of Palantir shares to boost liquidity and realize gains — a minor share sale that is unlikely to materially change ownership or outlook. Century Legend Sells Palantir Stake to Boost Liquidity and Realize Investment Gains
• Negative Sentiment: Valuation concerns are widespread: some commentators argue Palantir’s strong growth is priced for perfection and the stock could give back gains if growth expectations slip. That narrative limits upside for investors focused on valuation discipline. Prediction: This Is How Much Further Palantir Stock Could Fall in 2026
• Negative Sentiment: Broader software/AI sector weakness (the so‑called “SaaSpocalypse”) and some Wall Street calls to trim richly valued AI names create downside risk; short‑term volatility could persist even if fundamentals remain solid. 2 Artificial Intelligence (AI) Stocks to Sell Before They Fall 40% and 55%, According to Wall Street Analysts

Insider Activity at Palantir Technologies

In other news, insider Alexander C. Karp sold 493,025 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $860,507,475.24. This trade represents a 7.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Stephen Andrew Cohen sold 327,088 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The shares were 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 in the company, valued at approximately $79,162.24. This represents a 99.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,054,279 shares of company stock worth $142,212,233 in the last ninety days. 12.93% of the stock is currently owned by corporate insiders.

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.