Convergence Investment Partners LLC Raises Position in Palantir Technologies Inc. $PLTR

Convergence Investment Partners LLC grew its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 30.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 17,276 shares of the company’s stock after buying an additional 4,071 shares during the period. Convergence Investment Partners LLC’s holdings in Palantir Technologies were worth $3,151,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Palantir Technologies by 3.6% in the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after buying an additional 7,194,216 shares in the last quarter. State Street Corp raised its position in Palantir Technologies by 6.9% in the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after acquiring an additional 6,097,629 shares during the period. Norges Bank bought a new position in Palantir Technologies in the 2nd quarter worth $3,307,457,000. Invesco Ltd. lifted its position in shares of Palantir Technologies by 16.0% during the 2nd quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock valued at $2,806,182,000 after buying an additional 2,838,300 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Palantir Technologies by 3.1% during the second quarter. Charles Schwab Investment Management Inc. now owns 14,042,239 shares of the company’s stock valued at $1,914,238,000 after purchasing an additional 427,840 shares in the last quarter. 45.65% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on PLTR shares. Zacks Research upgraded shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. DA Davidson lifted their target price on Palantir Technologies from $170.00 to $215.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Northland Securities lifted their price target on shares of Palantir Technologies from $14.00 to $18.50 in a research note on Tuesday, November 4th. UBS Group boosted their price objective on Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Finally, Jefferies Financial Group set a $208.00 price objective on shares of Palantir Technologies in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $185.89.

Palantir Technologies Stock Down 3.5%

Shares of PLTR opened at $146.59 on Monday. The company has a market capitalization of $349.39 billion, a price-to-earnings ratio of 349.03, a PEG ratio of 3.69 and a beta of 1.64. Palantir Technologies Inc. has a 52 week low of $66.12 and a 52 week high of $207.52. The stock’s 50-day moving average price is $176.13 and its 200-day moving average price is $173.74.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The firm’s revenue for the quarter was up 62.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.10 EPS. As a group, equities analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Palantir is promoting new AI infrastructure initiatives (Chain Reaction) and strategic partnerships with Nvidia, alongside a reported $448 million U.S. Navy contract — developments that support expansion of high-margin, mission-critical revenue. Palantir Heads Into Q4 Earnings With Nvidia-Backed AI Infrastructure Push, $448 Million US Navy Deal, More
• Positive Sentiment: High-profile insider/major investor moves: reports that Peter Thiel shifted holdings and added AI names (including PLTR) suggest confidence by some influential investors. Palantir Billionaire Peter Thiel Sells Nvidia and Tesla, and Buys 2 AI Stocks That Now Account for 61% of His Portfolio
• Positive Sentiment: Consensus expectations call for robust top-line growth (analysts forecast ~62% revenue growth for Q4 to about $1.3–1.4B), which, if delivered, would reinforce Palantir’s growth narrative. Palantir (PLTR) Stock: What to Expect From Q4 Earnings Monday
• Neutral Sentiment: Loop Capital trimmed its price target to $220 but kept a buy rating — a modestly dovish tweak that still implies substantial upside vs. current levels. Loop Capital Cuts Palantir Technologies (NASDAQ:PLTR) Price Target to $220.00
• Neutral Sentiment: AI-driven price predictions and model-based forecasts are circulating but are speculative and add noise rather than clear directional guidance ahead of reported results. AI predicts Palantir stock price after Q4 2025 earnings
• Neutral Sentiment: Comparative analyst pieces (e.g., SOUN vs PLTR) are framing Palantir relative to other AI names; useful for allocation decisions but not immediate catalysts. SOUN vs. PLTR: Which AI Stock Is the Better Buy Before Q4 Earnings?
• Negative Sentiment: Several outlets warn expectations are lofty — Barron’s highlights that investors need surging U.S. sales and strong profitability to justify the valuation, raising the bar for results. Palantir Faces Lofty Expectations Heading Into Earnings
• Negative Sentiment: Bearish analysis pieces argue the stock is vulnerable from its highs — suggesting the recent run-up leaves little room for disappointment and that negative post-earnings moves could be amplified. Prediction: AI Titan Palantir Technologies Is 27% Below Its All-Time High — and This Decline Is Just Getting Started
• Negative Sentiment: Pre-earnings technical/flow concerns: recent notes flagged a short-term slide and “disturbing trend” that could pressure the stock if results or guidance miss. Palantir Stock is Showing a Disturbing Trend That Investors Shouldn’t Ignore

Insider Transactions at Palantir Technologies

In other news, Director Lauren Elaina Friedman Stat sold 3,400 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $181.35, for a total value of $616,590.00. Following the transaction, the director directly owned 58,687 shares in the company, valued at approximately $10,642,887.45. This represents a 5.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider David A. Glazer sold 9,000 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $185.91, for a total value of $1,673,190.00. Following the transaction, the insider directly owned 413,639 shares in the company, valued at approximately $76,899,626.49. The trade was a 2.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,023,444 shares of company stock worth $167,394,629 in the last 90 days. Insiders own 12.93% of the company’s stock.

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.