Elo Mutual Pension Insurance Co Raises Position in Palantir Technologies Inc. $PLTR

Elo Mutual Pension Insurance Co increased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 1.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 282,682 shares of the company’s stock after purchasing an additional 4,406 shares during the period. Palantir Technologies comprises approximately 0.8% of Elo Mutual Pension Insurance Co’s holdings, making the stock its 20th largest position. Elo Mutual Pension Insurance Co’s holdings in Palantir Technologies were worth $51,581,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in PLTR. Occidental Asset Management LLC raised its stake in shares of Palantir Technologies by 2.8% during the 3rd quarter. Occidental Asset Management LLC now owns 1,964 shares of the company’s stock worth $358,000 after buying an additional 53 shares in the last quarter. Gallacher Capital Management LLC boosted its stake in shares of Palantir Technologies by 2.2% in the third quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company’s stock valued at $447,000 after buying an additional 53 shares in the last quarter. Bare Financial Services Inc grew its holdings in Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after acquiring an additional 55 shares during the period. Lionshead Wealth Management LLC grew its holdings in Palantir Technologies by 0.4% during the third quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock worth $2,395,000 after acquiring an additional 56 shares during the period. Finally, Ellenbecker Investment Group raised its position in Palantir Technologies by 3.6% in the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock worth $295,000 after acquiring an additional 57 shares in the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday, February 2nd. HSBC raised shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 price objective on the stock in a report on Tuesday, February 3rd. The Goldman Sachs Group dropped their target price on shares of Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. Morgan Stanley raised their price target on Palantir Technologies from $155.00 to $205.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 4th. Finally, Phillip Securities initiated coverage on shares of Palantir Technologies in a research note on Thursday, January 22nd. They set a “buy” rating and a $208.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $187.96.

Palantir Technologies Stock Performance

NASDAQ PLTR opened at $137.19 on Monday. The firm has a market capitalization of $328.11 billion, a price-to-earnings ratio of 217.77, a PEG ratio of 2.64 and a beta of 1.70. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The company’s 50 day moving average price is $159.67 and its 200 day moving average price is $169.71.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results 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. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The firm’s quarterly revenue was up 70.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.14 EPS. Sell-side analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Key Palantir Technologies News

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

• Positive Sentiment: UBS upgraded PLTR to Buy (from Neutral), citing Palantir’s positioning at the intersection of AI and data spending — the upgrade and $150 price target signal renewed Wall Street conviction after the recent pullback. Palantir upgraded to ‘Buy’ by UBS on strong AI and data demand
• Positive Sentiment: Rosenblatt initiated coverage with a Buy rating and a $150 target, joining UBS and creating two fresh buy calls that have supported the rally. Rosenblatt Coverage
• Positive Sentiment: Nvidia CEO Jensen Huang’s bullish comments about the AI cycle lifted sentiment across AI names — investors view this as validation of Palantir’s TAM and AIP opportunity (helps cohort momentum). Palantir Stock Investors Just Got Spectacular News from Nvidia CEO Jensen Huang
• Positive Sentiment: Commercial traction and partnerships — Palantir’s deal with Rackspace to speed enterprise AI deployments and customer rollouts (e.g., OneMedNet’s Foundry rollout) point to expanding go‑to‑market and recurring revenue potential. Palantir AI partnerships and Rackspace
• Neutral Sentiment: Analyst debate and comparisons — coverage from TipRanks and InvestorPlace frames PLTR versus other AI leaders (NVDA) and questions whether the new AI Platform (AIP) will scale into high‑margin, repeatable enterprise deals. These pieces fuel both buy and cautious seller arguments. NVDA vs. PLTR analysis
• Neutral Sentiment: Valuation debate persists — several writeups note Q4 outperformance (strong revenue growth) but warn PLTR trades at a premium and needs execution to justify multiples; this keeps volatility high. Can Palantir justify a premium price?
• Negative Sentiment: Large insider selling — multiple filings show insider sales totaling well over $100M recently, which investors view as a headwind and a token of caution from insiders. Insider Selling: Palantir Insider Sells $65.9M

Insiders Place Their Bets

In other Palantir Technologies news, insider Ryan D. Taylor sold 19,988 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total value of $2,672,795.36. Following the transaction, the insider directly owned 219,421 shares of the company’s stock, valued at $29,340,976.12. This represents a 8.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Stephen Andrew Cohen sold 327,088 shares of the company’s stock in a transaction that occurred on 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 transaction, the insider directly owned 592 shares of the company’s stock, valued at $79,162.24. This trade represents a 99.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,054,279 shares of company stock valued at $142,212,233. Insiders own 12.93% of the company’s stock.

Palantir Technologies Company 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.