Nordea Investment Management AB Has $370.68 Million Stake in Palantir Technologies Inc. $PLTR

Key Points

• Nordea Investment Management AB trimmed its Palantir stake by 9% in Q4, holding 2,057,733 shares worth $370.68 million (about 0.09% of the company) after selling 202,786 shares.
• Insider selling has been heavy — Shyam Sankar sold 168,004 shares (~$22.5M) and insiders sold 1,045,279 shares (~$140.5M) over the last three months, leaving insiders with 9.23% ownership.
• Fundamentals and outlook: Palantir posted 70% revenue growth to $1.41B and has an $11.2B backlog, analysts hold a "Moderate Buy" consensus with an average target of ~$196, but the stock trades at a very high P/E (~239), which raises valuation risk if growth slows.

Nordea Investment Management AB reduced its position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 9.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,057,733 shares of the company's stock after selling 202,786 shares during the quarter. Nordea Investment Management AB owned approximately 0.09% of Palantir Technologies worth $370,680,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of PLTR. Decker Retirement Planning Inc. lifted its stake in shares of Palantir Technologies by 778.7% in the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company's stock valued at $11,187,000 after purchasing an additional 54,347 shares during the period. Prentice Wealth Management LLC acquired a new stake in Palantir Technologies during the third quarter worth approximately $550,000. Watershed Private Wealth LLC increased its holdings in Palantir Technologies by 75.3% in the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company's stock worth $1,423,000 after purchasing an additional 3,350 shares in the last quarter. GAM Holding AG lifted its stake in Palantir Technologies by 39.0% in the third quarter. GAM Holding AG now owns 13,788 shares of the company's stock valued at $2,515,000 after buying an additional 3,868 shares during the period. Finally, Pinkerton Wealth LLC acquired a new position in Palantir Technologies in the second quarter valued at approximately $3,394,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Shyam Sankar sold 168,004 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the completion of the transaction, the insider directly owned 642,786 shares in the company, valued at $85,953,343.92. This trade represents a 20.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ryan D. Taylor sold 19,988 shares of the business's stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,672,795.36. Following the sale, the insider directly owned 219,421 shares of the company's stock, valued at approximately $29,340,976.12. The trade was a 8.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,045,279 shares of company stock valued at $140,539,043. 9.23% of the stock is currently owned by insiders.

Palantir Technologies Stock Down 3.2%

Shares of NASDAQ:PLTR opened at $150.68 on Friday. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52. The stock's 50 day moving average is $150.53 and its 200-day moving average is $168.68. The firm has a market capitalization of $360.38 billion, a price-to-earnings ratio of 239.18, a PEG ratio of 2.99 and a beta of 1.70.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted 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 business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. Palantir Technologies's revenue was up 70.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.14 EPS. Equities research analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

More Palantir Technologies News

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

• Positive Sentiment: Keel Holdings joined Palantir on the Navy’s ShipOS effort, expanding Palantir’s footprint in U.S. shipbuilding on a program backed by up to $448M of authorized funding — a sizable government revenue catalyst for PLTR. A Quiet Navy Shipbuilding Move Just Put Palantir’s Software Deeper Into the Yard
• Positive Sentiment: UBS raised Palantir’s price target to $200, reiterating conviction after meeting company executives — analyst support can underpin further rallies and reduce near-term downside. UBS Group Raises Palantir Technologies NASDAQ: PLTR Price Target to $200.00
• Positive Sentiment: Palantir and NVIDIA unveiled a sovereign AI OS reference architecture (aimed at sensitive government and enterprise use cases), reinforcing TAM expansion in “physical AI” and strategic OEM partnerships. This bolsters the long‑term commercial growth narrative. Palantir Is Launching New AI OS Reference Architecture with Nvidia. Should You Buy PLTR Stock?
• Positive Sentiment: Investors and traders are highlighting Palantir’s strong Q4 results (70% revenue growth), a large $11.2B backlog and new defense/commercial contracts (Air Force, GE Aerospace) that support earnings acceleration expectations. Palantir Technologies Stock (PLTR) Opinions on Earnings Acceleration and New Deals
• Neutral Sentiment: Palantir inked a partnership with Moder to build AI mortgage operations software (pilot with Freedom Mortgage) — a commercial win but early-stage revenue implications. Palantir and Moder Partner to Transform Mortgage Industry
• Neutral Sentiment: PLTR is a top holding in thematic funds (e.g., ARKK); flows into/out of those ETFs can amplify moves but don’t change fundamentals — watch ETF positioning for short‑term pressure or relief. Is the ARK Innovation ETF Finding a Floor? Tesla and Robinhood Set the Tone (PLTR)
• Negative Sentiment: Valuation concerns persist—PLTR trades at very high multiples versus peers, and several commentaries warn the market may already price in much of the upside; lofty multiples increase downside risk if growth slows. Is It Too Late to Buy Palantir, or Is the Market Still Missing Something?
• Negative Sentiment: High-profile skeptics and notable short activity (media headlines and investor attacks) keep volatility elevated — continued negative press or insider sales could pressure the stock despite strong execution. Michael Burry Rails Against the Media Over Palantir Coverage

Wall Street Analysts Forecast Growth

PLTR has been the subject of several recent analyst reports. Robert W. Baird raised shares of Palantir Technologies from a "neutral" rating to an "outperform" rating and set a $200.00 price objective for the company in a research report on Tuesday, February 3rd. Argus raised shares of Palantir Technologies to a "hold" rating in a research note on Monday, February 9th. HSBC upgraded shares of Palantir Technologies from a "hold" rating to a "buy" rating and set a $205.00 price target for the company in a report on Tuesday, February 3rd. Wall Street Zen downgraded shares of Palantir Technologies from a "buy" rating to a "hold" rating in a research note on Friday, November 28th. Finally, Wedbush reiterated an "outperform" rating and set a $230.00 price objective on shares of Palantir Technologies in a report on Monday, March 16th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $196.32.

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.

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