Vestcor Inc Grows Position in Palantir Technologies Inc. $PLTR

Vestcor Inc grew its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 33.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 68,339 shares of the company’s stock after acquiring an additional 17,088 shares during the quarter. Vestcor Inc’s holdings in Palantir Technologies were worth $12,466,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on PLTR. Daiwa Securities Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a research report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $200.00 price objective on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Weiss Ratings downgraded Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Zacks Research lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. Finally, Mizuho upgraded Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $195.00 target price on the stock in a report on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.68.

Palantir Technologies Price Performance

NASDAQ:PLTR opened at $157.16 on Monday. The firm has a 50-day moving average of $155.48 and a two-hundred day moving average of $169.08. The stock has a market cap of $375.88 billion, a P/E ratio of 249.46, a PEG ratio of 3.12 and a beta of 1.70. Palantir Technologies Inc. has a 1-year low of $66.12 and a 1-year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same period in the previous year, the company earned $0.14 earnings per share. The company’s revenue for the quarter was up 70.0% compared to the same quarter last year. As a group, equities analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insider Activity

In other news, insider Jeffrey Buckley sold 1,232 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total transaction of $159,026.56. Following the completion of the transaction, the insider directly owned 43,108 shares in the company, valued at approximately $5,564,380.64. This represents a 2.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Shyam Sankar sold 168,004 shares of the firm’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 transaction of $22,465,494.88. Following the sale, the insider directly owned 642,786 shares of the company’s stock, valued at $85,953,343.92. The trade was a 20.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,054,279 shares of company stock worth $142,212,233 over the last quarter. Corporate insiders own 9.23% of the company’s stock.

Key Palantir Technologies News

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

• Positive Sentiment: Geopolitical tensions (U.S. strikes on Iran) and a spike in defense demand have driven a sharp rally in Palantir shares as investors rotate into defense tech. Analysts raised price targets and buying momentum lifted the stock. Palantir Stock Rallies 15% As Iran War Drives Defense Demand
• Positive Sentiment: Coverage noting the Pentagon is increasing use of Palantir’s AI — and broader defense budget focus — supports upside expectations for contract wins and recurring revenue. Palantir Technologies Surges as Pentagon Bets on Its AI
• Positive Sentiment: Regulatory moves against Anthropic (deemed a national‑security supply‑chain risk) may indirectly benefit defense-focused AI providers like Palantir, as the Pentagon restricts some commercial AI vendors. Anthropic Deemed a ‘National Security Threat’ — Is Palantir At Risk?
• Neutral Sentiment: Minor insider/affiliate selling: Century Legend sold 2,700 Palantir shares via a subsidiary to boost liquidity and realize gains — a small block unlikely to materially affect supply/demand. Century Legend Sells Palantir Stake
• Neutral Sentiment: Inclusion in defense/war‑tech themed portfolios and lists highlights investor interest in Palantir as a strategic play on geopolitics and AI in defense. The New War Portfolio: 3 Stocks Built for a High-Tech War
• Negative Sentiment: Multiple articles highlight valuation risk: several analysts and commentary pieces argue PLTR’s premium multiple may not be justified despite strong growth, warning of downside if tech momentum reverses. Prediction: This Is How Much Further Palantir Stock Could Fall in 2026
• Negative Sentiment: “SaaSpocalypse” and software‑sector weakness have pressured Palantir recently; some Wall Street pieces explicitly list PLTR among AI/software names considered overvalued and potential sell candidates. What Is Going on With Palantir Stock Right Now?

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.