Pictet Asset Management Holding SA Has $219.76 Million Position in Palantir Technologies Inc. $PLTR

Key Points

• Pictet Asset Management raised its stake in Palantir by 7.0% in Q4 to 1,235,847 shares, a position valued at $219.76 million (about 0.05% of the company) per its 13F filing.
• Company insiders have been net sellers recently: Shyam Sankar sold 168,004 shares (~$22.47M) and Stephen A. Cohen sold 327,088 shares (~$43.74M) on Feb. 20, with insiders offloading 1,029,879 shares worth about $137.75 million over the past three months while still owning 12.93% of the stock.
• Analyst sentiment is broadly positive (consensus "Moderate Buy," target ~$196.35 with top targets up to $230) supported by a new $300M USDA contract and multiple federal wins, though the stock remains volatile amid activist/valuation concerns and recent sharp pullbacks.

Pictet Asset Management Holding SA boosted its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 7.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,235,847 shares of the company's stock after buying an additional 80,393 shares during the quarter. Pictet Asset Management Holding SA owned approximately 0.05% of Palantir Technologies worth $219,757,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bare Financial Services Inc lifted its holdings in Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company's stock worth $28,000 after buying an additional 55 shares during the period. Financial Consulate Inc. acquired a new position in Palantir Technologies during the 3rd quarter worth about $30,000. United Financial Planning Group LLC acquired a new position in Palantir Technologies during the 3rd quarter worth about $32,000. Flagship Wealth Advisors LLC acquired a new position in Palantir Technologies during the 3rd quarter worth about $32,000. Finally, Morton Brown Family Wealth LLC lifted its holdings in Palantir Technologies by 250.0% during the 4th quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company's stock worth $31,000 after buying an additional 125 shares during the period. 45.65% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Shyam Sankar sold 168,004 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 value of $22,465,494.88. Following the completion of the sale, the insider directly owned 642,786 shares of the company's stock, valued at $85,953,343.92. The trade was a 20.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Stephen Andrew Cohen sold 327,088 shares of the business's 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 sale, the insider directly owned 592 shares of the company's stock, valued at $79,162.24. The trade was a 99.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,029,879 shares of company stock worth $137,746,253 over the last three months. Insiders own 12.93% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on PLTR shares. Northland Securities raised Palantir Technologies from a "market perform" rating to an "outperform" rating and set a $190.00 target price on the stock in a report on Tuesday, February 3rd. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Palantir Technologies in a report on Tuesday, April 14th. Wedbush reaffirmed an "outperform" rating and set a $230.00 target price on shares of Palantir Technologies in a report on Friday, April 10th. Rosenblatt Securities reissued a "buy" rating and issued a $200.00 price objective on shares of Palantir Technologies in a research note on Wednesday, March 25th. Finally, The Goldman Sachs Group dropped their price objective on Palantir Technologies from $188.00 to $182.00 in a research note on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $196.35.

Palantir Technologies News Summary

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

• Positive Sentiment: Won a $300M USDA agreement to modernize farm program operations and national farm security — a meaningful, non‑defense expansion of Palantir’s government footprint that supports durable revenue growth. Palantir Aims to Protect the U.S. Food Supply. Is Its $300M USDA Deal Important for PLTR Stock?
• Positive Sentiment: Multiple federal contract wins and a reported Pentagon program of record (plus cited DHS and FAA opportunities) reinforce Palantir’s government revenue runway and give analysts confidence in multi‑year visibility. This is a key driver behind recent bullish analyst notes. Why Palantir's Story Just Entered A New Phase
• Positive Sentiment: New buy coverage from DZ Bank (launch at Buy, $175 target) and other bullish analyst updates are providing near‑term support and a higher reference price for investors. DZ Bank Just Launched Palantir at Buy With a $175 Target
• Positive Sentiment: Macro AI narrative and coverage placing Palantir among AI “trillion‑dollar contenders” (AIP platform and boot camps highlighted) support long‑term upside expectations for investors focused on AI platform plays. Palantir Technologies (PLTR): The Trillion-Dollar Contender Nobody Is Talking About
• Neutral Sentiment: Vanyar and third‑party ecosystem builds (AIP/Foundry specialists) could accelerate enterprise adoption but are early stage — important for execution but not immediate revenue drivers. Palantir and AIP Specialist Firm, Vanyar, Launches
• Negative Sentiment: Activist/ESG pressure: campaigners urged the Swiss National Bank to sell its ~$1.1B Palantir stake over immigration‑enforcement ties — reputational risk that can attract headline volatility and politically driven selling. Swiss National Bank Urged to Offload $1.1B Palantir (PLTR) Stake, Here’s Why
• Negative Sentiment: Shares recently pulled back sharply (single‑day drops ~7–8%) as a broader software/AI rotation and short‑term risk‑off hit growth names — traders selling into headlines despite contract wins. That momentum swing is the main reason for intraday weakness. Here's Why Palantir Stock Is Dropping 8% Despite A $300 Million Contract Win
• Negative Sentiment: Critical commentary (AI no longer differentiator; warnings that Wall Street may be overly optimistic) highlights execution and valuation risks — useful caution for investors chasing momentum. Palantir: AI No Longer A Differentiator

Palantir Technologies Price Performance

Shares of NASDAQ:PLTR opened at $143.09 on Monday. The company has a market capitalization of $342.23 billion, a price-to-earnings ratio of 227.13, a P/E/G ratio of 2.75 and a beta of 1.68. The business's 50-day moving average is $144.74 and its 200-day moving average is $163.60. Palantir Technologies Inc. has a 1 year low of $105.32 and a 1 year high of $207.52.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The firm's revenue was up 70.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.14 EPS. Analysts anticipate that Palantir Technologies Inc. will post 1.05 EPS for the current 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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