National Pension Service Acquires 308,538 Shares of Palantir Technologies Inc. $PLTR

National Pension Service grew its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 6.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,783,713 shares of the company’s stock after buying an additional 308,538 shares during the period. Palantir Technologies makes up 0.6% of National Pension Service’s investment portfolio, making the stock its 23rd largest position. National Pension Service’s holdings in Palantir Technologies were worth $850,305,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Bare Financial Services Inc boosted its holdings 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 in the last quarter. Basepoint Wealth LLC bought a new stake in shares of Palantir Technologies during the 4th quarter valued at $29,000. Morton Brown Family Wealth LLC boosted its position in shares of Palantir Technologies by 250.0% in the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock worth $31,000 after purchasing an additional 125 shares in the last quarter. United Financial Planning Group LLC bought a new stake in shares of Palantir Technologies in the 3rd quarter worth approximately $32,000. Finally, Clayton Financial Group LLC boosted its position in shares of Palantir Technologies by 500.0% in the 4th quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock worth $32,000 after purchasing an additional 150 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

Insider Buying and Selling

In related news, insider Alexander C. Karp sold 397,744 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $54,109,093.76. Following the completion of the transaction, the insider directly owned 6,432,258 shares in the company, valued at $875,044,378.32. The trade was a 5.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David A. Glazer sold 17,128 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $2,330,093.12. Following the completion of the transaction, the insider owned 375,242 shares of the company’s stock, valued at approximately $51,047,921.68. The trade was a 4.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 922,524 shares of company stock worth $125,501,302 over the last 90 days. 9.53% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

PLTR has been the topic of a number of analyst reports. UBS Group boosted their price target on Palantir Technologies from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, March 18th. Wedbush reissued an “outperform” rating and issued a $230.00 price target on shares of Palantir Technologies in a research report on Tuesday, May 5th. Cantor Fitzgerald reissued a “neutral” rating and issued a $138.00 price target on shares of Palantir Technologies in a research report on Friday, May 22nd. Benchmark initiated coverage on Palantir Technologies in a research report on Wednesday, April 1st. They issued a “hold” rating on the stock. Finally, Oppenheimer initiated coverage on Palantir Technologies in a research report on Thursday, April 30th. They issued an “outperform” rating and a $200.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Palantir Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $192.76.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Multiple bullish articles argue Palantir remains one of the best high-growth software names, citing strong revenue growth, a powerful Rule of 40 profile, and continued momentum in AI-driven demand. Article: Here’s Why Palantir Technologies Inc. (PLTR) is a Strong Growth Stock
• Positive Sentiment: One article says Palantir could be poised for a stronger rebound, with writers pointing to the stock’s pullback this year as a potential buying opportunity rather than a sign of weakening fundamentals. Article: Why Palantir Stock Is Soaring Today
• Positive Sentiment: Thomas Cavanagh Construction extended its partnership with Palantir through 2035, reinforcing the company’s ability to lock in recurring commercial revenue and expand non-government use of its Foundry platform. Article: Thomas Cavanagh Construction Limited Extends Strategic Partnership with Palantir Technologies Through December 31, 2035
• Neutral Sentiment: Several valuation-focused pieces compare PLTR with other software stocks and ETFs, showing that investors are still debating whether Palantir’s premium valuation is justified. Article: Palantir vs. Oracle in 2026. Which One Is the Better Buy Right Now?
• Negative Sentiment: Some commentary warns that AI expectations may be getting too stretched and that Palantir’s rich valuation leaves less room for error, which could cap further upside if growth slows. Article: Nvidia and Palantir Have a $120 Billion Warning for Wall Street That Investors Simply Can’t Ignore
• Negative Sentiment: One Seeking Alpha piece argues OpenAI and Anthropic may be becoming a bigger competitive threat, suggesting Palantir could face tougher AI competition over time. Article: Palantir: OpenAI And Anthropic Just Became The Biggest Problem

Palantir Technologies Stock Up 8.2%

Shares of NASDAQ PLTR opened at $143.34 on Friday. Palantir Technologies Inc. has a twelve month low of $118.93 and a twelve month high of $207.52. The firm has a market cap of $343.63 billion, a P/E ratio of 161.06, a PEG ratio of 2.10 and a beta of 1.52. The company has a 50 day moving average of $141.62 and a 200 day moving average of $156.13.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same period in the previous year, the business earned $0.13 EPS. The firm’s revenue for the quarter was up 84.7% on a year-over-year basis. As a group, equities analysts expect that Palantir Technologies Inc. will post 1.18 earnings per share for the current fiscal year.

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.