Palantir Technologies Inc. $PLTR Shares Sold by Danske Bank A S

Danske Bank A S decreased its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 16.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,442,538 shares of the company’s stock after selling 294,188 shares during the quarter. Palantir Technologies makes up approximately 0.6% of Danske Bank A S’s investment portfolio, making the stock its 24th largest position. Danske Bank A S’s holdings in Palantir Technologies were worth $256,411,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in Palantir Technologies by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock valued at $38,295,188,000 after purchasing an additional 1,557,828 shares during the period. State Street Corp lifted its position in 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 purchasing an additional 6,777,771 shares during the period. Invesco Ltd. lifted its position in 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 purchasing an additional 1,213,529 shares during the period. Northern Trust Corp lifted its position in 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 purchasing an additional 769,238 shares during the period. Finally, Amundi lifted its position in 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 purchasing an additional 4,373,201 shares during the period. Institutional investors and hedge funds own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

PLTR has been the subject of a number of recent analyst reports. DA Davidson restated a “neutral” rating and issued a $180.00 price objective on shares of Palantir Technologies in a research report on Thursday, April 16th. Robert W. Baird upgraded shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective for the company in a research report on Tuesday, February 3rd. Daiwa Securities Group upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a research report on Tuesday, February 10th. Oppenheimer initiated coverage on shares of Palantir Technologies in a research report on Thursday. They issued an “outperform” rating and a $200.00 price objective for the company. Finally, Northland Securities upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $194.42.

Palantir Technologies Trading Up 0.8%

PLTR stock opened at $139.11 on Friday. The firm has a 50 day moving average of $145.27 and a 200-day moving average of $162.72. Palantir Technologies Inc. has a 12-month low of $105.32 and a 12-month high of $207.52. The company has a market cap of $332.71 billion, a price-to-earnings ratio of 220.81, a PEG ratio of 2.65 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results 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. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same period last year, the firm earned $0.14 EPS. The company’s revenue for the quarter was up 70.0% on a year-over-year basis. Sell-side analysts forecast that Palantir Technologies Inc. will post 1.05 earnings per share for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In other news, insider Stephen Andrew Cohen sold 327,088 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the completion of the transaction, the insider directly owned 592 shares of the company’s stock, 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 at this hyperlink. Also, insider David A. Glazer sold 17,438 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,029,879 shares of company stock worth $137,746,253. 9.23% of the stock is currently owned by insiders.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Oppenheimer initiated coverage with an Outperform and $200 price target, calling Palantir a top AI application play with ~40% upside; that upbeat note is a major driver of buying interest. Palantir Stock Is Still Expensive Ahead of Earnings. Is It a Buy?
• Positive Sentiment: Higher U.S. defense spending and recent government wins make Palantir look more like a strategic defense vendor than a speculative “story” name, supporting revenue visibility. With Trump’s $1.5 Trillion Defense Budget, Palantir Looks Less Like a “Story Stock” and More Like a Strategic Vendor
• Positive Sentiment: Analysts expect strong top-line momentum (consensus and previews show triple-digit revenue growth for Q1), keeping buy-side optimism intact ahead of the report. Will Top-Line Improvement Benefit Palantir in Q1 Earnings?
• Positive Sentiment: New commercial deployments (e.g., Cleveland-Cliffs multi-year AI deal) demonstrate expansion outside government and add evidence of a broader enterprise go-to-market. Palantir Cleveland Cliffs Deal Tests Industrial AI Adoption Story
• Neutral Sentiment: Q1 earnings are a near-term catalyst but also a source of volatility — options markets are pricing in a large expected move around the May 4 report. Palantir (PLTR) Q1 Earnings on May 4. Options Market Braces for a 10.55% Swing
• Neutral Sentiment: Analyst views are mixed overall — multiple recent upgrades/initiations but also some cautious takes and a wide dispersion of price targets, so sentiment may swing with data rather than fundamentals alone. Analyst updates Palantir stock price target
• Negative Sentiment: Valuation remains the main contrarian argument — several notes (including RBC) warn the stock is richly priced on very high P/E multiples, which is pressuring buyers even with strong growth. Palantir Stock Drops Today: RBC Flags Valuation Stretch
• Negative Sentiment: Notable short interest and high-profile shorts (Michael Burry remains positioned bearish) plus heavy insider selling keep downside risk and narrative skepticism elevated. Is Michael Burry Still Bearish on Palantir? Here’s What He Has to Say
• Negative Sentiment: Competition and evolving AI agent architectures pose product risk; some coverage warns that new generative AI approaches could compress Palantir’s defensive moat if customers pivot. AI Agents Will Likely Clip Palantir’s Wings, Creating a Critical Test Ahead for PLTR Stock

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.