Strs Ohio Sells 23,105 Shares of Palantir Technologies Inc. $PLTR

Strs Ohio trimmed its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 4.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 514,930 shares of the company’s stock after selling 23,105 shares during the quarter. Strs Ohio’s holdings in Palantir Technologies were worth $93,934,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Revolve Wealth Partners LLC purchased a new position in shares of Palantir Technologies in the 4th quarter worth approximately $450,000. Bison Wealth LLC boosted its position in Palantir Technologies by 37.4% in the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after buying an additional 4,667 shares during the period. Capstone Wealth Management Group LLC grew its stake in Palantir Technologies by 38.0% in the first quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock worth $1,447,000 after purchasing an additional 4,722 shares in the last quarter. Fifth Third Bancorp increased its stake in shares of Palantir Technologies by 59.9% during the second quarter. Fifth Third Bancorp now owns 128,098 shares of the company’s stock valued at $17,462,000 after buying an additional 48,002 shares during the period. Finally, Financial Management Professionals Inc. grew its holdings in Palantir Technologies by 13.1% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,054 shares of the company’s stock worth $144,000 after acquiring an additional 122 shares in the last quarter. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on PLTR. Robert W. Baird increased their price target on shares of Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. The Goldman Sachs Group boosted their price target on Palantir Technologies from $141.00 to $188.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Citigroup raised Palantir Technologies from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $210.00 to $235.00 in a report on Monday, January 12th. Deutsche Bank Aktiengesellschaft increased their price target on Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, November 4th. Finally, Mizuho lifted their target price on shares of Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $184.07.

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $165.90 on Friday. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52. The company’s 50 day simple moving average is $176.73 and its 200-day simple moving average is $172.70. The company has a market capitalization of $395.41 billion, a price-to-earnings ratio of 395.01, a price-to-earnings-growth ratio of 4.16 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the business earned $0.10 EPS. The firm’s quarterly revenue was up 62.8% on a year-over-year basis. Equities analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insider Activity

In related news, insider David A. Glazer sold 15,557 shares of the stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $2,551,192.43. Following the completion of the transaction, the insider directly owned 415,612 shares of the company’s stock, valued at $68,156,211.88. This represents a 3.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Shyam Sankar sold 149,872 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $24,577,509.28. Following the completion of the transaction, the insider owned 642,786 shares of the company’s stock, valued at $105,410,476.14. The trade was a 18.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,023,444 shares of company stock worth $167,394,629 over the last ninety days. 9.23% of the stock is owned by corporate insiders.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Phillip Securities initiated coverage with a Buy and a $208 price target, giving the stock a clear catalyst for upside from investors who follow brokerage initiations. Palantir Stock (PLTR) Is Trading Higher Today — Here’s What This Analyst Sees Next
• Positive Sentiment: Coverage and commentary are being reinforced by big commercial wins — reporting around a “hundreds of millions” deal with Hyundai — which underpins revenue growth expectations and helps justify PLTR’s premium multiple. Palantir Stock Won a Huge Upgrade. Can an AI Supercycle Power Shares Higher?
• Positive Sentiment: Palantir was named as a partner in a major EMEA AI data‑center buildout (with Accenture, Dell and Nvidia), which could deepen enterprise footprint and create multi-year infrastructure/customer opportunities. UK’s Sovereign AI Taps Accenture, Palantir For Massive AI Buildout
• Positive Sentiment: High-profile bullish commentary (e.g., Wedbush/Daniel Ives at Davos) is reinforcing the narrative that Palantir is an AI infrastructure/analytics winner, boosting investor sentiment beyond pure fundamentals. NVDA, PLTR: Daniel Ives Hails Nvidia and Palantir as AI Powerhouses at Davos
• Positive Sentiment: Institutional buying and “earnings momentum” coverage are being cited as the key metric bulls watch heading into results, suggesting expectations for continued revenue/earnings strength are supporting the rally. The One Metric Bulls Watch in Palantir Before Earnings
• Neutral Sentiment: Wall Street views remain mixed: Mizuho reiterated a Hold while keeping a relatively high $205 12‑month target, signaling bullish targets but also caution about near‑term returns. Wall Street sets Palantir stock price for the next 12 months
• Neutral Sentiment: CEO Alex Karp publicly downplayed an AI “bubble,” a message intended to reassure investors but one that doesn’t materially change near‑term financials. Palantir CEO Alex Karp Dismisses AI Bubble Concerns, Says ‘A Lot Of AI Just Doesn’t Work’
• Neutral Sentiment: Analysts and analysts’ pieces (e.g., Seeking Alpha) argue valuation debates may miss nuance in Palantir’s growth profile — useful context but not an immediate price driver. Palantir: The Valuation Debate Misses A Critical Signal
• Negative Sentiment: Valuation remains a principal risk — several outlets warn PLTR’s premium P/E requires continued near‑perfect execution to avoid a sharp correction. That keeps downside risk if growth slows. Assessing Palantir Technologies (PLTR) Valuation After Strong Long Term Returns And Recent Share Price Weakness
• Negative Sentiment: Some Wall Street analysts have flagged potential large drawdowns for popular AI names if execution or macro conditions deteriorate — a reminder that sentiment can reverse quickly. 2 Popular AI Stocks to Sell Before They Drop 70% and 60% in 2026, According to Wall Street Analysts

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.