OFI Invest Asset Management Invests $75.49 Million in Palantir Technologies Inc. $PLTR

Key Points

• OFI Invest Asset Management opened a new Q4 position in Palantir, buying 424,690 shares worth approximately $75.49 million, making PLTR 1.0% of the fund and its 21st largest holding.
• Significant insider selling has occurred recently—insiders sold 1,029,879 shares in the past 90 days (about $137.7 million), including Shyam Sankar’s sale of 168,004 shares at an average $133.72; company insiders now own 9.23% of the stock.
• Analyst/financial backdrop: Palantir’s latest quarter beat expectations (revenue $1.41B, +70%; EPS $0.25) and the consensus rating is a "Moderate Buy" with an average target of $197.77, but the stock trades at a high valuation (P/E ~223) and faces mixed sentiment from large commercial wins to criticism and regulatory risks.

OFI Invest Asset Management bought a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 424,690 shares of the company's stock, valued at approximately $75,489,000. Palantir Technologies accounts for 1.0% of OFI Invest Asset Management's investment portfolio, making the stock its 21st largest holding.

A number of other hedge funds also recently made changes to their positions in PLTR. Vanguard Group Inc. raised its stake in shares of Palantir Technologies by 4.0% during the 3rd quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company's stock worth $39,017,133,000 after purchasing an additional 8,168,604 shares during the period. State Street Corp raised its stake in shares of Palantir Technologies by 7.2% during the 3rd quarter. State Street Corp now owns 101,258,899 shares of the company's stock worth $18,471,648,000 after purchasing an additional 6,777,771 shares during the period. Amundi raised its stake in shares of Palantir Technologies by 38.7% during the 3rd quarter. Amundi now owns 15,679,158 shares of the company's stock worth $2,814,879,000 after purchasing an additional 4,373,201 shares during the period. Wellington Management Group LLP raised its stake in shares of Palantir Technologies by 228.0% during the 3rd quarter. Wellington Management Group LLP now owns 5,182,560 shares of the company's stock worth $945,403,000 after purchasing an additional 3,602,471 shares during the period. Finally, Clear Street Group Inc. bought a new stake in shares of Palantir Technologies during the 3rd quarter worth $408,763,000. 45.65% of the stock is currently owned by institutional investors.

Insider Transactions at Palantir Technologies

In other news, insider Shyam Sankar sold 168,004 shares of the stock in a transaction dated 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 of the company's stock, valued at approximately $85,953,343.92. This represents a 20.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jeffrey Buckley sold 1,232 shares of the stock in a transaction dated 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 sale, the insider directly owned 43,108 shares in the company, valued at approximately $5,564,380.64. The trade was a 2.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,029,879 shares of company stock valued at $137,746,253. Company insiders own 9.23% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on PLTR shares. Rosenblatt Securities restated a "buy" rating and issued a $200.00 price objective on shares of Palantir Technologies in a research note on Wednesday, March 25th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $200.00 price objective on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Zacks Research cut Palantir Technologies from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 30th. William Blair upgraded Palantir Technologies from a "market perform" rating to an "outperform" rating in a research note on Monday, February 2nd. Finally, Robert W. Baird upgraded Palantir Technologies from a "neutral" rating to an "outperform" rating and set a $200.00 price objective on the stock in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $197.77.

Palantir Technologies Stock Performance

Shares of Palantir Technologies stock opened at $140.76 on Thursday. Palantir Technologies Inc. has a 52-week low of $77.27 and a 52-week high of $207.52. The stock's 50-day simple moving average is $144.76 and its 200 day simple moving average is $167.09. The stock has a market capitalization of $336.65 billion, a P/E ratio of 223.43, a P/E/G ratio of 2.94 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the firm earned $0.14 EPS. The company's quarterly revenue was up 70.0% compared to the same quarter last year. Equities research analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Large commercial deal expansion — Stellantis renewed and expanded its partnership to deploy Palantir’s data and AI across auto operations, a meaningful commercial win that supports recurring revenue and enterprise adoption. Stellantis Balances US Model Refreshes With Expanded Palantir AI Push
• Positive Sentiment: Bullish price targets and analyst optimism — multiple pieces highlight upside scenarios (including $225–$230 targets) and upgrades that reflect expectations for Palantir to convert AI demand into sustained revenue growth. These can underpin momentum if results keep beating estimates. Prediction: This Will Be Palantir's Stock Price in 1 Year
• Positive Sentiment: Product/market traction — conference coverage (DevCon5) and recent commentary note rising customer counts, larger contract values and strong revenue growth — fundamental drivers that support longer‑term upside. Palantir: DevCon5 Shows A Disruptor, Not The Disrupted
• Neutral Sentiment: UK/NHS developments are mixed — an NHS data chief publicly praises Palantir’s results and pushes for wider rollout, which could mean larger public contracts, but the story remains politically and ethically charged. Policymaker and staff pushback creates execution and PR risk. NHS data chief pushes for deeper rollout of Palantir technology despite outcry
• Negative Sentiment: High‑profile criticism from Michael Burry — public warnings that Palantir is overvalued and that competitors like Anthropic are taking enterprise AI share triggered a sharp investor reaction and a ~6% intraday decline in coverage reports. That criticism amplifies valuation scrutiny for a richly priced stock. Palantir (PLTR) Stock Tumbles 6% Following Burry’s Anthropic Competition Warning
• Negative Sentiment: Regulatory and ethical scrutiny — continued UK pressure, calls for boycotts, and broader questions about government/healthcare contracts increase political and contractual risk that could slow public sector deal growth or add costs. Palantir Faces Burry Critique And UK Scrutiny As Anthropic Competition Grows

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.

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