Palantir Technologies Inc. $PLTR Shares Purchased by Korea Investment CORP

Key Points

• Korea Investment CORP raised its stake in Palantir by 2.2% in Q3 to 1,652,482 shares (its 24th largest holding), joining other large institutional buyers like Vanguard, Norges Bank, State Street and Invesco and leaving institutional ownership at about 45.65%.
• Company insiders sold a total of 1,054,279 shares (~$142.2 million) over the last quarter — including David A. Glazer and CEO Alexander C. Karp (493,025 shares) — though insiders still hold 9.23% of the stock.
• Palantir beat quarterly estimates with $0.25 EPS vs. $0.23 and $1.41B revenue vs. $1.34B, a revenue gain of 70% year‑over‑year, fueling analyst upgrades and positive sentiment amid geopolitical and legal developments.

Korea Investment CORP raised its position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 2.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,652,482 shares of the company's stock after purchasing an additional 35,921 shares during the period. Palantir Technologies comprises about 0.6% of Korea Investment CORP's investment portfolio, making the stock its 24th largest position. Korea Investment CORP owned about 0.07% of Palantir Technologies worth $301,446,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of PLTR. Norges Bank acquired a new position in shares of Palantir Technologies in the second quarter valued at approximately $3,307,457,000. Vanguard Group Inc. raised its holdings in Palantir Technologies by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company's stock valued at $39,017,133,000 after acquiring an additional 8,168,604 shares during the last quarter. State Street Corp lifted its stake in shares of Palantir Technologies by 6.9% during the 2nd quarter. State Street Corp now owns 94,481,128 shares of the company's stock worth $12,879,667,000 after purchasing an additional 6,097,629 shares during the period. Invesco Ltd. boosted its holdings in shares of Palantir Technologies by 16.0% during the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company's stock worth $2,806,182,000 after purchasing an additional 2,838,300 shares during the last quarter. Finally, Clear Street LLC purchased a new stake in shares of Palantir Technologies in the second quarter valued at $295,508,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Palantir Technologies

In other news, insider David A. Glazer sold 17,438 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 $2,331,809.36. Following the transaction, the insider owned 392,370 shares of the company's stock, valued at approximately $52,467,716.40. This trade represents a 4.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Alexander C. Karp sold 493,025 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the transaction, the insider owned 6,432,258 shares in the company, valued at $860,507,475.24. The trade was a 7.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,054,279 shares of company stock valued at $142,212,233 over the last quarter. Company 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 tailwind — Traders and analysts see Palantir as a direct beneficiary of the U.S.-Iran conflict given its deep ties to military and intelligence customers; defensive/A.I. spending expectations helped push the stock higher this week. Palantir rallies 15% for the week as Iran war boosts prospects, muting Anthropic concern
• Positive Sentiment: Legal win reduces IP/staff‑poaching risk — Court documents made public show a judge barred former employees from using Palantir’s proprietary data and soliciting staff, removing a near‑term competitive/legal overhang. Why Palantir Technologies Stock Popped on Friday
• Positive Sentiment: Analyst and estimate momentum — Piper Sandler and others have reiterated bullish ratings and several shops have lifted targets; earnings‑estimate revisions are trending higher, supporting the bullish narrative. Piper Sandler Remains a Buy on Palantir (PLTR) Earnings Estimates Moving Higher for Palantir
• Positive Sentiment: Strong fundamentals and AI traction — Recent results showed high revenue growth and expanding margins; investors cite Palantir’s AIP product and commercial momentum as durable growth drivers. Palantir Stock Rallies 12% in a Month: Buy, Hold, or Sell?
• Neutral Sentiment: Anthropic saga is unresolved — The Pentagon’s actions against Anthropic create both opportunity (less competition for defense work) and uncertainty; Anthropic vows to fight the designation, which keeps the outcome cloudy for contractors. Anthropic Vows Legal Fight Against Pentagon Sanction in AI Feud
• Negative Sentiment: Technical / product risk from Anthropic unwind — Reports say Palantir may need to replace Anthropic‑based components in key defense platforms, which could be costly and disruptive to Maven/AIP integrations. Palantir Faces Costly AI Overhaul After Trump Administration Bans Anthropic From Pentagon Work
• Negative Sentiment: Insider selling headline — High‑profile share sales (Peter Thiel) have grabbed attention; analysts mostly call it routine liquidity, but it can add short‑term sentiment pressure. Thiel Cashes Out $280M While the Palantir Faithful Do the Math
• Neutral Sentiment: Macro/tech weakness can dent gains — broader tech selling and global market jitters can cap upside even as defense names rally; expect headline‑driven volatility. TSLA, PLTR and SMCI Forecast – Tech Stocks Under Pressure Early

Palantir Technologies Price Performance

Palantir Technologies stock opened at $157.16 on Friday. The company has a market cap of $375.88 billion, a price-to-earnings ratio of 249.46, a price-to-earnings-growth ratio of 3.02 and a beta of 1.70. Palantir Technologies Inc. has a 12 month low of $66.12 and a 12 month high of $207.52. The stock's 50-day moving average is $155.48 and its 200-day moving average is $168.99.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued 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. The business had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The company's revenue for the quarter was up 70.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.14 EPS. Research analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on PLTR. Wall Street Zen lowered Palantir Technologies from a "buy" rating to a "hold" rating in a research note on Friday, November 28th. Mizuho raised shares of Palantir Technologies from a "neutral" rating to an "outperform" rating and set a $195.00 price objective for the company in a research note on Wednesday, February 18th. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Palantir Technologies in a research note on Tuesday, February 3rd. William Blair raised shares of Palantir Technologies from a "market perform" rating to an "outperform" rating in a research report on Monday, February 2nd. Finally, Truist Financial initiated coverage on shares of Palantir Technologies in a report on Tuesday, January 6th. They issued a "buy" rating and a $223.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Palantir Technologies has an average rating of "Moderate Buy" and a consensus target price of $192.68.

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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