R Squared Ltd Purchases 8,842 Shares of Palantir Technologies Inc. $PLTR

R Squared Ltd boosted its position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 597.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,322 shares of the company's stock after purchasing an additional 8,842 shares during the quarter. Palantir Technologies makes up 0.9% of R Squared Ltd's portfolio, making the stock its 14th biggest position. R Squared Ltd's holdings in Palantir Technologies were worth $1,835,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. M&T Bank Corp grew its stake in shares of Palantir Technologies by 17.6% in the fourth quarter. M&T Bank Corp now owns 204,462 shares of the company's stock worth $36,343,000 after acquiring an additional 30,601 shares during the last quarter. Eagle Wealth Advisors LLC purchased a new stake in shares of Palantir Technologies in the fourth quarter worth $1,166,000. Ashton Thomas Private Wealth LLC grew its stake in shares of Palantir Technologies by 8.1% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 92,009 shares of the company's stock worth $16,355,000 after acquiring an additional 6,895 shares during the last quarter. RMR Wealth Builders boosted its position in shares of Palantir Technologies by 7.9% during the fourth quarter. RMR Wealth Builders now owns 18,443 shares of the company's stock valued at $3,278,000 after buying an additional 1,353 shares during the last quarter. Finally, Anchyra Partners LLC purchased a new stake in shares of Palantir Technologies during the fourth quarter valued at $769,000. Institutional investors own 45.65% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on PLTR shares. Piper Sandler reaffirmed an "overweight" rating and set a $230.00 price objective on shares of Palantir Technologies in a research report on Tuesday, February 3rd. Truist Financial started coverage on Palantir Technologies in a research report on Tuesday, January 6th. They set a "buy" rating and a $223.00 price objective on the stock. William Blair raised Palantir Technologies from a "market perform" rating to an "outperform" rating in a research report on Monday, February 2nd. Northland Securities raised Palantir Technologies from a "market perform" rating to an "outperform" rating and set a $190.00 price objective on the stock in a research report on Tuesday, February 3rd. Finally, Benchmark started coverage on Palantir Technologies in a research report on Wednesday, April 1st. They set a "hold" rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $196.35.

Palantir Technologies Price Performance

Palantir Technologies stock opened at $143.10 on Tuesday. The stock has a market capitalization of $342.25 billion, a PE ratio of 227.15, a price-to-earnings-growth ratio of 2.75 and a beta of 1.68. The business's fifty day moving average is $144.97 and its 200 day moving average is $163.30. Palantir Technologies Inc. has a one year low of $105.32 and a one year high of $207.52.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.02. The business had revenue of $1.41 billion for 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 business's revenue for the quarter was up 70.0% on a year-over-year basis. During the same period last year, the firm posted $0.14 earnings per share. As a group, sell-side analysts expect that Palantir Technologies Inc. will post 1.05 EPS for the current fiscal year.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Secured a meaningful U.S. government commercial deal: a reported $300M Blanket Purchase Agreement with the USDA to modernize the National Farm Security Action Plan — a large, multi‑year public sector win that supports recurring revenue and government footprint. Palantir (PLTR) Secures $300M USDA Agreement to Modernize National Farm Security
• Positive Sentiment: Analyst sentiment shows upside: several pieces note material analyst price‑target upside (average targets implying ~30% upside), which can support buyer interest and limit downside. Wall Street Sees 30% Upside in Palantir After Selling Off 15% This Year
• Positive Sentiment: Third‑party ecosystem expansion: a new Palantir specialist consultancy (Vanyar) launching to support Foundry and AIP deployments shows growing partner demand outside top accounts, which helps commercial expansion. Vanyar Launch Tests Depth Of Palantir Foundry And AIP Demand
• Neutral Sentiment: Market commentary on valuation/inflection: a number of retail/investor‑focused pieces (e.g., “May could be a turning point” and $100 vs $200 scenario articles) debate catalysts and risk/reward — these drive retail flows but don’t introduce new fundamentals. Why May Could Be a Turning Point for Palantir Stock
• Neutral Sentiment: Analyst comparisons ahead of earnings: preview pieces comparing PLTR to peers (e.g., SMCI) highlight expected upside but underline earnings sensitivity — useful context for traders into early‑May reports. PLTR vs SMCI: Why Analysts See a 35% Upside in One AI Stock, but Caution for the Other Ahead of Earnings
• Negative Sentiment: Pentagon expands its GenAI roster with Google’s Gemini for Government — a direct capability upgrade for defense users that could erode Palantir’s differentiation in some government AI use cases. Pentagon Adds Alphabet’s Gemini to Its AI Toolbelt. What That Means for Palantir.
• Negative Sentiment: Platform/AI competition risk: analysis warns that autonomous AI agents from big cloud vendors could blunt Palantir’s growth window and force valuation reassessment if customers shift to integrated agent solutions. AI Agents Will Likely Clip Palantir’s Wings, Creating a Critical Test Ahead for PLTR Stock
• Negative Sentiment: Reputational/governance risk in the U.K.: reporting that London’s mayor might block a Metropolitan Police Palantir deployment highlights political and contract‑risk exposure that can slow international expansion and stir short‑term volatility. Khan could block Palantir from Scotland Yard contract

Insiders Place Their Bets

In other Palantir Technologies news, insider David A. Glazer sold 17,438 shares of the firm'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 $2,331,809.36. Following the transaction, the insider directly 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Stephen Andrew Cohen sold 327,088 shares of the firm'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 $43,738,207.36. Following the completion of the transaction, the insider directly owned 592 shares in the company, 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. In the last three months, insiders sold 1,029,879 shares of company stock valued at $137,746,253. 12.93% of the stock is currently owned by company insiders.

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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