Van ECK Associates Corp Cuts Stock Position in Palantir Technologies Inc. $PLTR

Van ECK Associates Corp cut its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 1.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,363,430 shares of the company’s stock after selling 78,852 shares during the quarter. Van ECK Associates Corp’s holdings in Palantir Technologies were worth $795,977,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Palantir Technologies by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock worth $39,017,133,000 after buying an additional 8,168,604 shares during the last quarter. State Street Corp lifted its position in Palantir Technologies by 6.9% during the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock valued at $12,879,667,000 after acquiring an additional 6,097,629 shares during the last quarter. Norges Bank acquired a new stake in Palantir Technologies in the second quarter valued at approximately $3,307,457,000. Invesco Ltd. grew its holdings in Palantir Technologies by 16.0% in the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock worth $2,806,182,000 after purchasing an additional 2,838,300 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Palantir Technologies by 3.1% during the second quarter. Charles Schwab Investment Management Inc. now owns 14,042,239 shares of the company’s stock worth $1,914,238,000 after purchasing an additional 427,840 shares in the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Q4 results and military relevance: Markets reacted to reports that Palantir’s software played a role coordinating recent Iran strikes and to a Q4 revenue beat (revenue +70% to $1.41B), which traders linked to renewed defense contract demand and strategic value. Palantir (PLTR) Stock Climbs 9% as Military Operations Highlight Strategic Value
• Positive Sentiment: Defense-driven momentum: Multiple outlets note Iran tensions and war-tech demand have accelerated Palantir’s pipeline, supporting recent multi-week gains and optimism around new government and defense spending. Why Palantir Is Soaring While Big Tech Tanks
• Positive Sentiment: Analyst endorsements and opportunity from Anthropic ban: Several analysts (Rosenblatt, others) and commentators argue Palantir could capture LLM demand after regulatory moves against Anthropic, boosting commercial upside. Why Analysts Are Bullish on Palantir Technologies Inc. (PLTR)
• Positive Sentiment: Buy-the-dip narrative from bulls: Wedbush/Dan Ives and other bulls call current levels a generational buying opportunity as AI monetization accelerates, supporting upside case for longer-term holders. Microsoft, Palantir Are Selling At ‘Garage Sale Prices,’ Says Dan Ives
• Neutral Sentiment: Long-term performance context: Anniversary/returns pieces highlight strong multi-year performance, useful for conviction but not an immediate price catalyst. Here’s How Much $1000 Invested In Palantir Technologies 10 Years Ago Would Be Worth Today
• Neutral Sentiment: Mixed price forecasts: Technical/forecast pieces debate large upside (e.g., $260) versus pullback scenarios — signal that market expectations are polarized. Palantir Stock Forecast: Is PLTR Heading to $260 or Dropping Further From Here?
• Negative Sentiment: Valuation and downside warnings: Several analysts and commentators warn PLTR’s lofty P/E and stretched multiples leave it vulnerable if growth slows, and some model sizable downside. Prediction: This Is How Much Further Palantir Stock Could Fall in 2026
• Negative Sentiment: Sectorwide software sell-off (“SaaSpocalypse”): Broader weakness in software/AI multiples has pressured PLTR at times, limiting how far rallies can extend without stronger fundamentals. What Is Going on With Palantir Stock Right Now?
• Negative Sentiment: Insider/holder selling: Century Legend sold a small Palantir stake to boost liquidity — a minor signal but one that can add to near-term supply. Century Legend Sells Palantir Stake to Boost Liquidity and Realize Investment Gains
• Negative Sentiment: Market caution signal: Coverage noting “shockwaves” and warnings around AI leaders suggests some institutional investors are trimming exposure after sharp rallies. Nvidia and Palantir Have Sent Shockwaves Through Wall Street With This Can’t-Miss $9.6 Billion Warning

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on PLTR. Mizuho upgraded Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 target price on the stock in a research note on Wednesday, February 18th. UBS Group upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and reduced their target price for the stock from $180.00 to $150.00 in a research note on Thursday, February 26th. Robert W. Baird upgraded Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective for the company in a research note on Tuesday, February 3rd. Zacks Research downgraded shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Finally, The Goldman Sachs Group reduced their target price on shares of Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $192.68.

Insider Activity

In other Palantir Technologies 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 value of $65,956,884.50. Following the completion of the sale, the insider directly owned 6,432,258 shares of the company’s stock, valued at $860,507,475.24. This trade represents a 7.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider David A. Glazer sold 17,438 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the completion of the sale, the insider directly owned 392,370 shares of the company’s stock, valued at $52,467,716.40. This represents a 4.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,054,279 shares of company stock valued at $142,212,233 in the last 90 days. 12.93% of the stock is owned by insiders.

Palantir Technologies Stock Down 0.5%

Shares of PLTR opened at $156.43 on Tuesday. Palantir Technologies Inc. has a 52-week low of $66.12 and a 52-week high of $207.52. 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. The firm’s fifty day moving average is $154.93 and its two-hundred day moving average is $169.08.

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

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.