Mizuho Markets Americas LLC Purchases New Shares in Palantir Technologies Inc. $PLTR

Mizuho Markets Americas LLC purchased a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 100,000 shares of the company’s stock, valued at approximately $17,775,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PLTR. Vanguard Group Inc. lifted its position in Palantir Technologies by 4.0% during the third quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock valued at $39,017,133,000 after buying an additional 8,168,604 shares during the period. State Street Corp raised its position in shares of Palantir Technologies by 7.2% in the 3rd quarter. State Street Corp now owns 101,258,899 shares of the company’s stock worth $18,471,648,000 after purchasing an additional 6,777,771 shares during the last quarter. Amundi raised its position in Palantir Technologies by 38.7% in the 3rd quarter. Amundi now owns 15,679,158 shares of the company’s stock worth $2,814,879,000 after buying an additional 4,373,201 shares during the last quarter. Wellington Management Group LLP raised its position in Palantir Technologies by 228.0% in the 3rd quarter. Wellington Management Group LLP now owns 5,182,560 shares of the company’s stock worth $945,403,000 after buying an additional 3,602,471 shares during the last quarter. Finally, Clear Street Group Inc. bought a new stake in shares of Palantir Technologies during the 3rd quarter valued at about $408,763,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Wall Street Analyst Weigh In

PLTR has been the subject of a number of recent research reports. DA Davidson cut their price target on Palantir Technologies from $180.00 to $165.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Royal Bank Of Canada restated an “underperform” rating and set a $90.00 price target on shares of Palantir Technologies in a research note on Tuesday, May 5th. Argus upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a research note on Wednesday, May 6th. Cantor Fitzgerald reiterated a “neutral” rating and set a $138.00 price objective on shares of Palantir Technologies in a research note on Friday. Finally, Oppenheimer started coverage on Palantir Technologies in a research note on Thursday, April 30th. They set an “outperform” rating and a $200.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $192.76.

Insider Buying and Selling at Palantir Technologies

In other news, insider Alexander C. Karp sold 397,744 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $54,109,093.76. Following the sale, the insider directly owned 6,432,258 shares of the company’s stock, valued at $875,044,378.32. This represents a 5.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ryan D. Taylor sold 19,662 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $2,674,818.48. Following the sale, the insider directly owned 199,759 shares in the company, valued at $27,175,214.36. This trade represents a 8.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 923,756 shares of company stock worth $125,660,329. Company insiders own 9.53% of the company’s stock.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Several recent pieces continue to highlight Palantir’s strong fundamentals, including rapid revenue growth, elevated margins, and a “Rule of 40” profile that bulls say supports further upside. Article Title
• Positive Sentiment: Rosenblatt reiterated a buy rating and a $225 price target, signaling Wall Street still sees meaningful upside from current levels. Article Title
• Positive Sentiment: Some commentary argues the recent pullback could be a buying opportunity, with analysts pointing to Palantir’s strong execution and long-term AI positioning. Article Title
• Neutral Sentiment: The stock is trending heavily in retail and media circles, which can keep attention high but does not by itself change the business outlook. Article Title
• Neutral Sentiment: Palantir continues to attract comparisons with other AI names like Nvidia and Innodata, underscoring its status as a high-profile AI stock rather than delivering a fresh company-specific catalyst. Article Title
• Negative Sentiment: Cantor Fitzgerald kept a neutral stance and said Palantir’s AI opportunity is real, but the valuation still looks too rich, reinforcing a key bear case. Article Title
• Negative Sentiment: News that Palantir is challenging the Defense Intelligence Agency over an analytics contract, along with a separate blocked U.K. police deal, adds uncertainty around government revenue opportunities. Article Title
• Negative Sentiment: Recent articles also note the stock remains well below its highs and that even bullish investors acknowledge it may need much more growth to justify today’s price. Article Title

Palantir Technologies Price Performance

PLTR stock opened at $136.88 on Friday. Palantir Technologies Inc. has a 1-year low of $118.93 and a 1-year high of $207.52. The company has a market capitalization of $328.14 billion, a price-to-earnings ratio of 153.80, a PEG ratio of 2.18 and a beta of 1.52. The business has a 50 day simple moving average of $142.88 and a two-hundred day simple moving average of $157.76.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.05. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the prior year, the company posted $0.13 EPS. The firm’s revenue for the quarter was up 84.7% compared to the same quarter last year. Sell-side analysts anticipate that Palantir Technologies Inc. will post 1.18 EPS for the current fiscal year.

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.