Mackenzie Financial Corp Increases Stock Position in Palantir Technologies Inc. $PLTR

Mackenzie Financial Corp lifted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 75.3% during the third quarter, Holdings Channel reports. The firm owned 468,826 shares of the company’s stock after acquiring an additional 201,333 shares during the period. Mackenzie Financial Corp’s holdings in Palantir Technologies were worth $85,523,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bare Financial Services Inc grew its position in Palantir Technologies by 54.5% in the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after purchasing an additional 55 shares in the last quarter. Delos Wealth Advisors LLC bought a new position in shares of Palantir Technologies during the 2nd quarter worth approximately $29,000. Zeit Capital LLC purchased a new position in shares of Palantir Technologies in the 2nd quarter worth approximately $30,000. Financial Consulate Inc. purchased a new position in shares of Palantir Technologies in the 3rd quarter worth approximately $30,000. Finally, MTM Investment Management LLC bought a new position in shares of Palantir Technologies in the second quarter valued at approximately $31,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

PLTR has been the subject of a number of research analyst reports. The Goldman Sachs Group decreased their price target on Palantir Technologies from $188.00 to $182.00 in a research report on Tuesday, February 3rd. Truist Financial started coverage on Palantir Technologies in a research report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 price objective on the stock. Jefferies Financial Group set a $208.00 price objective on Palantir Technologies in a research note on Thursday, January 22nd. Freedom Capital raised Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 13th. Finally, Loop Capital lowered their target price on Palantir Technologies from $230.00 to $220.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $192.68.

Palantir Technologies Stock Up 0.3%

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

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the prior year, the business earned $0.14 earnings per share. Palantir Technologies’s revenue for the quarter was up 70.0% on a year-over-year basis. As a group, equities analysts expect that Palantir Technologies Inc. will post 0.31 EPS 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 David A. Glazer sold 17,438 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $2,331,809.36. Following the completion of the sale, the insider 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Stephen Andrew Cohen sold 327,088 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $43,738,207.36. Following the completion of the sale, the insider owned 592 shares in the company, valued at $79,162.24. This represents a 99.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,054,279 shares of company stock valued at $142,212,233. 9.23% of the stock is currently owned by 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.