AG2R LA Mondiale Gestion D Actifs Buys 10,580 Shares of Palantir Technologies Inc. $PLTR

Key Points

• AG2R LA Mondiale Gestion D Actifs increased its Palantir stake by 13.3% in the fourth quarter, adding 10,580 shares and bringing its total holding to 90,294 shares valued at about $16.05 million.
• Other large institutional investors, including Vanguard, State Street, Invesco, Northern Trust, and Amundi, also expanded their positions, and institutions now own 45.65% of Palantir’s stock.
• Wall Street remains broadly constructive on Palantir after its latest earnings beat, with the company reporting 84.7% year-over-year revenue growth, EPS above estimates, and a consensus analyst rating of Moderate Buy with a $194.68 target price.

AG2R LA Mondiale Gestion D Actifs boosted its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 13.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 90,294 shares of the company's stock after acquiring an additional 10,580 shares during the period. Palantir Technologies accounts for about 0.7% of AG2R LA Mondiale Gestion D Actifs' portfolio, making the stock its 19th biggest position. AG2R LA Mondiale Gestion D Actifs' holdings in Palantir Technologies were worth $16,050,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in Palantir Technologies by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company's stock worth $38,295,188,000 after acquiring an additional 1,557,828 shares during the period. State Street Corp increased its stake in shares of Palantir Technologies by 7.2% in the 3rd quarter. State Street Corp now owns 101,258,899 shares of the company's stock valued at $18,471,648,000 after purchasing an additional 6,777,771 shares during the last quarter. Invesco Ltd. increased its stake in shares of Palantir Technologies by 5.9% in the 3rd quarter. Invesco Ltd. now owns 21,798,785 shares of the company's stock valued at $3,976,534,000 after purchasing an additional 1,213,529 shares during the last quarter. Northern Trust Corp increased its stake in shares of Palantir Technologies by 3.8% in the 3rd quarter. Northern Trust Corp now owns 21,088,462 shares of the company's stock valued at $3,846,957,000 after purchasing an additional 769,238 shares during the last quarter. Finally, Amundi increased its stake in shares of Palantir Technologies by 38.7% in the 3rd quarter. Amundi now owns 15,679,158 shares of the company's stock valued at $2,814,879,000 after purchasing an additional 4,373,201 shares during the last quarter. Institutional investors own 45.65% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on PLTR shares. Robert W. Baird upgraded Palantir Technologies from a "neutral" rating to an "outperform" rating and set a $200.00 price target on the stock in a research note on Tuesday, February 3rd. DZ Bank started coverage on Palantir Technologies in a research note on Thursday, April 23rd. They issued a "buy" rating and a $175.00 price target on the stock. The Goldman Sachs Group decreased their price target on Palantir Technologies from $188.00 to $182.00 in a research note on Tuesday, February 3rd. Weiss Ratings lowered Palantir Technologies from a "hold (c+)" rating to a "hold (c)" rating in a research note on Monday, April 27th. Finally, Oppenheimer started coverage on Palantir Technologies in a research note 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 assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Palantir Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $194.68.

Insider Activity at Palantir Technologies

In related 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 transaction of $65,956,884.50. Following the sale, the insider 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Shyam Sankar sold 168,004 shares of the firm's stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $22,465,494.88. Following the sale, the insider directly owned 642,786 shares in the company, valued at approximately $85,953,343.92. This trade represents a 20.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,029,479 shares of company stock worth $137,685,797 over the last 90 days. 9.53% of the stock is currently owned by company insiders.

Key Palantir Technologies News

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

• Positive Sentiment: Palantir delivered record AI-driven revenue growth, with strong demand from both U.S. commercial customers and government clients, reinforcing the company’s AI growth story. Palantir Delivers Record AI-Driven Growth
• Positive Sentiment: Analysts continue to raise earnings estimates and some have reiterated or upgraded their ratings, suggesting Wall Street still sees upside in Palantir’s long-term growth trajectory. Wall Street Analysts Predict a 40.09% Upside in Palantir Technologies (PLTR): Here's What You Should Know
• Positive Sentiment: Palantir’s new U.S. Army interoperability hackathon partnership adds another credibility boost for its defense business and may support future government revenue. Palantir Joins U.S. Army and Industry Partners for "Right to Integrate" Hackathon Sprint for Defense-wide Interoperability
• Neutral Sentiment: Some commentary argues the stock’s post-earnings pullback is mainly a valuation reset rather than a deterioration in business quality, with investors weighing whether the AI growth rate justifies the premium. Palantir Just Crushed Earnings. So Why Is the Stock Down?
• Neutral Sentiment: Bearish takes from analysts and short-seller-style commentary are adding caution, but these arguments center on valuation and AI hype rather than any sign that Palantir’s business is weakening. Jefferies issues a stark warning for Palantir stock investors
• Negative Sentiment: Several reports say the stock is falling because Palantir’s valuation looks stretched after its huge run, and even strong results may not be enough to keep momentum going near term. Palantir Stock Shudders as Record 85% Growth Hits a Valuation Wall and Michael Burry Bets on a Total Collapse

Palantir Technologies Price Performance

NASDAQ PLTR opened at $137.80 on Monday. Palantir Technologies Inc. has a twelve month low of $114.90 and a twelve month high of $207.52. The company has a market cap of $329.57 billion, a price-to-earnings ratio of 154.83, a price-to-earnings-growth ratio of 2.19 and a beta of 1.52. The business's fifty day moving average is $145.51 and its 200 day moving average is $161.59.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings data on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.05. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter last year, the business posted $0.13 EPS. Palantir Technologies's revenue for the quarter was up 84.7% on a year-over-year basis. On average, research analysts anticipate that Palantir Technologies Inc. will post 1.18 earnings per share for the current fiscal 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.

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