Palantir Technologies Inc. $PLTR Shares Purchased by Bokf Na

Key Points

• Bokf Na increased its stake in Palantir by 40.8% in Q3 to 47,605 shares, worth about $8.68 million, signaling renewed institutional buying interest.
• Palantir won several strategic deals and authorizations—most notably a partnership with Nvidia on a sovereign‑AI OS reference architecture, expanded work with GE Aerospace, Centrus cost‑savings projects, and DISA authorization—which analysts say could materially expand its addressable market and revenue runway.
• Insiders have been heavy net sellers (1,045,279 shares sold in the past 90 days, ~$140.5M), while the company also faces reputational and regulatory risks and activist criticism (including from Michael Burry) related to military AI use and third‑party AI supply‑chain exposure.

Bokf Na increased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 40.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 47,605 shares of the company's stock after buying an additional 13,799 shares during the quarter. Bokf Na's holdings in Palantir Technologies were worth $8,684,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Bare Financial Services Inc grew its position in shares of 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 last quarter. Financial Consulate Inc. purchased a new stake in Palantir Technologies in the 3rd quarter valued at $30,000. Retirement Wealth Solutions LLC acquired a new stake in Palantir Technologies during the 3rd quarter worth $31,000. Flagship Wealth Advisors LLC purchased a new position in Palantir Technologies during the 3rd quarter worth $32,000. Finally, Marquette Asset Management LLC purchased a new position in Palantir Technologies during the 3rd quarter worth $34,000. Institutional investors and hedge funds own 45.65% of the company's stock.

Palantir Technologies News Roundup

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

• Positive Sentiment: Nvidia partnership announced a sovereign-AI OS reference architecture that pairs Palantir software with Nvidia hardware — a potentially large TAM (sovereign AI/datacenter) and catalyst cited by analysts raising estimates. Palantir and NVIDIA Team to Deliver Sovereign AI Operating System Reference Architecture
• Positive Sentiment: Expanded defense/industrial partnerships: GE Aerospace broadened its multi-year Palantir deal to deploy AI across Air Force sustainment and engine production, boosting addressable revenue in defense manufacturing. GE Aerospace Deepens Palantir AI Use In Defense And Factory Operations
• Positive Sentiment: Centrus (uranium enrichment) partnership highlights material near-term cost-savings (~$300M identified) and expands Palantir exposure to critical infrastructure projects. Centrus Partners with Palantir
• Positive Sentiment: DISA authorized Palantir’s PFCS Forward (on‑premises/edge), removing a procurement obstacle for federal/defense deployments and supporting recurring revenue expectations. Palantir Secures DISA Authorization
• Positive Sentiment: Strong fundamentals: recent quarterly results and 2026 outlook (high revenue growth and margin expansion) plus Wall Street support (Truist reiteration, multiple analysts lifting estimates) underpin investor optimism. Palantir's Profitability Edge Strengthens Its AI Leadership
• Neutral Sentiment: Partnerships with Ondas and World View and other commercial deals (LG CNS, Polymarket) expand industry footprint but are smaller-scale near-term revenue drivers compared with large defense deals. Palantir Partners with Ondas and World View
• Neutral Sentiment: AIPCon customer demonstrations and industry press are raising visibility — useful for sales momentum but incremental until contract awards convert to bookings. Palantir's AIPCon 9
• Negative Sentiment: Geopolitical/reputational risk: CEO Alex Karp confirmed Palantir tech is being used in the Middle East conflict; this raises political/regulatory scrutiny and potential contract or public backlash. Palantir's technology gives the West a critical edge in Middle East, CEO Alex Karp says
• Negative Sentiment: Security supply-chain concern: Palantir confirmed continued use of Anthropic’s Claude even after the Pentagon labeled Anthropic a supply‑chain risk — a point of regulatory and customer concern. Palantir is still using Anthropic's Claude as Pentagon blacklist plays out
• Negative Sentiment: Investor/activist pressure: Michael Burry publicly reiterated bearish views, arguing Palantir may be overpromising on military AI — adds downside risk if it influences other large holders. Michael Burry Says Palantir Has 'No Real AI Software' Of Its Own

Insider Activity at Palantir Technologies

In other news, insider Stephen Andrew Cohen sold 327,088 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 $43,738,207.36. Following the completion of the transaction, the insider owned 592 shares in the company, valued at $79,162.24. This trade represents a 99.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jeffrey Buckley sold 1,232 shares of the firm's stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $129.08, for a total transaction of $159,026.56. Following the completion of the sale, the insider owned 43,108 shares of the company's stock, valued at $5,564,380.64. This trade represents a 2.78% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,045,279 shares of company stock worth $140,539,043. 9.23% of the stock is currently owned by insiders.

Palantir Technologies Trading Up 1.3%

NASDAQ PLTR opened at $153.50 on Friday. The stock has a market capitalization of $367.12 billion, a price-to-earnings ratio of 243.65, a PEG ratio of 3.00 and a beta of 1.70. The business's 50 day moving average is $153.32 and its two-hundred day moving average is $168.80. Palantir Technologies Inc. has a 12-month low of $66.12 and a 12-month high of $207.52.

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 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 firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the previous year, the business earned $0.14 earnings per share. The company's revenue for the quarter was up 70.0% compared to the same quarter last year. Equities analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

PLTR has been the subject of a number of research reports. Loop Capital reduced their target price on shares of Palantir Technologies from $230.00 to $220.00 and set a "buy" rating for the company in a report on Friday, January 30th. Citigroup boosted their price target on Palantir Technologies from $235.00 to $260.00 and gave the company a "buy" rating in a research report on Tuesday, February 3rd. Phillip Securities initiated coverage on Palantir Technologies in a research note on Thursday, January 22nd. They set a "buy" rating and a $208.00 price objective for the company. Rosenblatt Securities began coverage on Palantir Technologies in a research report on Friday, February 27th. They set a "buy" rating and a $150.00 price objective for the company. 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 research note on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $192.68.

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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