Leelyn Smith LLC Raises Position in Palantir Technologies Inc. $PLTR

Leelyn Smith LLC grew its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 92.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,898 shares of the company’s stock after acquiring an additional 5,716 shares during the period. Leelyn Smith LLC’s holdings in Palantir Technologies were worth $2,115,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Palantir Technologies by 4.0% in the third 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 in the last quarter. State Street Corp boosted its holdings in shares of Palantir Technologies by 7.2% in the third quarter. State Street Corp now owns 101,258,899 shares of the company’s stock valued at $18,471,648,000 after acquiring an additional 6,777,771 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Palantir Technologies by 5.9% in the third quarter. Invesco Ltd. now owns 21,798,785 shares of the company’s stock valued at $3,976,534,000 after acquiring an additional 1,213,529 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of Palantir Technologies by 3.8% in the third quarter. Northern Trust Corp now owns 21,088,462 shares of the company’s stock valued at $3,846,957,000 after acquiring an additional 769,238 shares in the last quarter. Finally, Amundi boosted its holdings in shares of Palantir Technologies by 38.7% in the third quarter. Amundi now owns 15,679,158 shares of the company’s stock valued at $2,814,879,000 after acquiring an additional 4,373,201 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Daiwa Securities Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 target price on the stock in a report on Tuesday, February 10th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $200.00 target price on shares of Palantir Technologies in a report on Wednesday, March 25th. Jefferies Financial Group set a $208.00 price objective on shares of Palantir Technologies in a research note on Thursday, January 22nd. Citigroup raised their price objective on shares of Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Finally, Zacks Research cut shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $197.32.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider David A. Glazer sold 17,438 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the completion of the transaction, the insider owned 392,370 shares in the company, valued at approximately $52,467,716.40. The trade was a 4.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Stephen Andrew Cohen sold 327,088 shares of Palantir Technologies stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the transaction, the insider owned 592 shares of the company’s stock, valued at approximately $79,162.24. The trade was a 99.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,029,879 shares of company stock valued at $137,746,253 in the last quarter. 12.93% of the stock is owned by corporate insiders.

Palantir Technologies Trading Up 0.1%

Shares of PLTR opened at $145.97 on Wednesday. The stock has a market cap of $349.11 billion, a P/E ratio of 231.70, a PEG ratio of 2.81 and a beta of 1.68. The company has a 50-day moving average of $143.91 and a two-hundred day moving average of $164.36. Palantir Technologies Inc. has a 12-month low of $91.35 and a 12-month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced 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 company had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The firm’s quarterly revenue was up 70.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.14 earnings per share. As a group, analysts forecast that Palantir Technologies Inc. will post 1.05 EPS for the current fiscal year.

Key Palantir Technologies News

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

• Positive Sentiment: Won a sole?source FAA data modernization contract and is a finalist for the SMART AI program — expands Palantir’s footprint in critical U.S. aviation infrastructure and reinforces its position for large, multi?year government deals. Palantir’s FAA Win And Manifesto Reframe Long Term Government Risk Profile
• Positive Sentiment: Quarterly results and analyst support continue to underpin growth expectations — recent beats and bullish analyst commentary (e.g., Morgan Stanley coverage) keep the narrative that Palantir can scale revenue and margins. Palantir Gains Support as Analysts See Strong Growth Ahead
• Neutral Sentiment: Potential upside from defense spending if the Pentagon budget allocates more to AI and data platforms — timing and size depend on appropriations and procurement cycles. How Pentagon Budget Reveal Could Boost Palantir Stock Amid AI Wave
• Neutral Sentiment: Positive long?form analysis argues Palantir is underappreciated given AI tailwinds and enterprise scale — helpful for sentiment but largely opinion?driven. Palantir Unlocked the Secret to Massive Growth. Its Stock Is Deeply Mispriced
• Neutral Sentiment: Heavy retail/options interest continues — elevated call activity signals speculative positioning that can amplify intraday moves. Palantir Stock Still Popular With Call Traders
• Negative Sentiment: CEO Alex Karp’s 22?point manifesto (calls for national service, expanded defense posture) has sparked public and parliamentary backlash — reputational and political controversy could complicate civil?government relationships and public perception. ‘Disturbing’ And ‘Narcissistic’: UK Lawmakers Slam Palantir CEO’s New Manifesto
• Negative Sentiment: Political scrutiny over taxes and corporate conduct (public calls from lawmakers) raises regulatory and reputational risk that could affect cash?flow optics and investor sentiment. Palantir Tax Debate Puts Political Risk And Cash Flow In Focus
• Negative Sentiment: Competitive pressure from shifting AI pricing models (Anthropic) and persistent valuation concerns (high P/E) keep some investors bearish despite operational strength. Recent coverage highlights a pullback and debate over whether shares are overvalued. Palantir (PLTR) Stock Tumbles 18% Despite Presidential Endorsement and Stellar Earnings

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.