Formuepleje A S Acquires New Shares in Palantir Technologies Inc. $PLTR

Formuepleje A S bought a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,414 shares of the company’s stock, valued at approximately $1,448,000.

Several other hedge funds also recently bought and sold shares of the company. California State Teachers Retirement System grew its position in Palantir Technologies by 11,040.0% in the second quarter. California State Teachers Retirement System now owns 383,800,665 shares of the company’s stock worth $44,778,024,000 after acquiring an additional 380,355,408 shares in the last quarter. Norges Bank bought a new position in shares of Palantir Technologies during the 4th quarter valued at $5,149,641,000. Jennison Associates LLC acquired a new stake in shares of Palantir Technologies in the 1st quarter valued at $1,574,111,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Palantir Technologies by 277.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company’s stock valued at $1,528,143,000 after purchasing an additional 7,678,747 shares during the last quarter. Finally, State Street Corp boosted its holdings in Palantir Technologies by 7.2% in the third quarter. State Street Corp now owns 101,258,899 shares of the company’s stock worth $18,471,648,000 after purchasing an additional 6,777,771 shares in the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies Stock Performance

NASDAQ PLTR opened at $174.33 on Monday. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The stock has a market capitalization of $418.93 billion, a PE ratio of 149.00, a P/E/G ratio of 2.47 and a beta of 1.62. The stock has a 50-day simple moving average of $150.22 and a 200 day simple moving average of $143.63.

Palantir Technologies (NASDAQ:PLTR) last announced 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 return on equity of 30.57% and a net margin of 49.01%.The firm’s revenue for the quarter was up 92.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.16 EPS. As a group, equities research analysts forecast that Palantir Technologies Inc. will post 1.27 EPS for the current fiscal year.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Expanded PwC alliance strengthens Palantir’s enterprise AI reach. Palantir and PwC expanded their strategic partnership to help organizations scale AI, transform mergers and acquisitions, and modernize ERP systems. PwC’s consulting network could help Palantir secure more corporate customers and larger deployments. PwC and Palantir Expand Strategic Alliance
• Positive Sentiment: Army contract adds support for the government business. Palantir won a prime agreement to deliver eight TITAN tactical intelligence ground-station systems to the U.S. Army, reportedly valued at about $192 million. The award expands Palantir’s role in defense intelligence and reinforces demand for its software and data platforms. What Does Palantir Winning Army Work Mean for AI Growth?
• Positive Sentiment: Technical momentum remains constructive. Palantir recently moved above its 20-day moving average and flashed a “golden cross” signal, which technical investors may interpret as evidence of continued short-term strength. The company’s latest reported quarter also featured 92.8% year-over-year revenue growth and earnings above analyst expectations.
• Neutral Sentiment: Investor commentary remains broadly bullish but speculative. Articles highlight Palantir as a potential AI software and cybersecurity winner, while management continues to promote secure, customized AI deployments. These views may support sentiment but do not represent new financial guidance.
• Negative Sentiment: Premium valuation leaves little room for disappointment. Palantir’s market capitalization is above $400 billion and its price-to-earnings ratio is around 149, making the stock vulnerable to profit-taking or any slowdown in growth and margins. Analysts note that its rapid expansion is already reflected in the share price. Is Palantir’s AI Growth Worth the Premium Valuation?
• Negative Sentiment: Competitive and insider-selling concerns persist. Google’s expanding government AI offerings could pressure Palantir’s public-sector opportunity. Michael Burry also renewed his bearish criticism of Palantir’s valuation and business model. Separately, a director sold $244,915 of stock under a pre-arranged Rule 10b5-1 plan, a modest negative sentiment signal. What’s Bugging Palantir’s Stock?

Insiders Place Their Bets

In other Palantir Technologies news, Director Lauren Friedman Stat sold 1,342 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $182.50, for a total value of $244,915.00. Following the completion of the sale, the director directly owned 52,765 shares of the company’s stock, valued at $9,629,612.50. This represents a 2.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 35,000 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the completion of the sale, the insider owned 642,786 shares in the company, valued at $100,081,780.20. This represents a 5.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 721,508 shares of company stock valued at $117,070,093 over the last ninety days. 9.53% of the stock is owned by insiders.

Analysts Set New Price Targets

PLTR has been the topic of several analyst reports. DA Davidson increased their target price on shares of Palantir Technologies from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Jefferies Financial Group reiterated an “underperform” rating and set a $80.00 price target on shares of Palantir Technologies in a research note on Tuesday, August 4th. Royal Bank Of Canada reissued an “underperform” rating and set a $90.00 price objective on shares of Palantir Technologies in a report on Friday, July 31st. Cantor Fitzgerald initiated coverage on Palantir Technologies in a research note on Tuesday, August 4th. They issued an “overweight” rating on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Palantir Technologies in a report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $192.19.

About Palantir Technologies

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.