Palantir Technologies Inc. $PLTR Shares Purchased by China Universal Asset Management Co. Ltd.

China Universal Asset Management Co. Ltd. boosted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 19.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 117,936 shares of the company’s stock after buying an additional 19,239 shares during the period. Palantir Technologies makes up about 1.1% of China Universal Asset Management Co. Ltd.’s investment portfolio, making the stock its 19th largest position. China Universal Asset Management Co. Ltd.’s holdings in Palantir Technologies were worth $22,051,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. BlackRock Inc. raised its stake in Palantir Technologies by 0.4% during the 2nd quarter. BlackRock Inc. now owns 189,817,693 shares of the company’s stock valued at $22,146,030,000 after purchasing an additional 757,322 shares during the last quarter. State Street Corp boosted its holdings in Palantir Technologies by 2.8% in the 2nd quarter. State Street Corp now owns 104,490,468 shares of the company’s stock valued at $12,190,903,000 after purchasing an additional 2,863,874 shares during the period. Bank of America Corp DE grew its position in Palantir Technologies by 1.0% in the 2nd quarter. Bank of America Corp DE now owns 19,020,265 shares of the company’s stock worth $2,219,094,000 after purchasing an additional 180,486 shares during the last quarter. Amundi grew its position in Palantir Technologies by 7.4% in the 2nd quarter. Amundi now owns 17,623,053 shares of the company’s stock worth $2,056,082,000 after purchasing an additional 1,212,653 shares during the last quarter. Finally, Jennison Associates LLC acquired a new stake in Palantir Technologies in the 1st quarter worth $1,574,111,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PLTR has been the topic of several research reports. Wolfe Research began coverage on shares of Palantir Technologies in a report on Tuesday, August 4th. They set a “buy” rating on the stock. Jefferies Financial Group reiterated an “underperform” rating and issued a $80.00 target price on shares of Palantir Technologies in a research note on Tuesday, August 4th. The Goldman Sachs Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $230.00 target price on the stock in a research report on Thursday, October 8th. Royal Bank Of Canada restated an “underperform” rating on shares of Palantir Technologies in a research note on Wednesday. Finally, Roth Capital began coverage on Palantir Technologies in a report on Tuesday, August 4th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $208.60.

Palantir Technologies Stock Performance

NASDAQ:PLTR opened at $196.42 on Friday. The company has a 50-day moving average of $186.70 and a 200-day moving average of $153.88. Palantir Technologies Inc. has a 52 week low of $106.37 and a 52 week high of $212.94. The company has a market capitalization of $472.01 billion, a price-to-earnings ratio of 167.88, a PEG ratio of 3.51 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the previous year, the firm posted $0.16 earnings per share. The firm’s revenue for the quarter was up 92.8% on a year-over-year basis. Sell-side analysts forecast that Palantir Technologies Inc. will post 1.29 EPS for the current year.

Insider Activity

In related news, Director Lauren Friedman Stat sold 5,026 shares of the stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $199.00, for a total transaction of $1,000,174.00. Following the completion of the sale, the director owned 46,402 shares in the company, valued at $9,233,998. This trade represents a 9.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 2,055 shares of the company’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $174.83, for a total transaction of $359,275.65. Following the sale, the insider directly owned 58,171 shares in the company, valued at $10,170,035.93. This represents a 3.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 560,390 shares of company stock valued at $97,909,177. 9.53% of the stock is owned by company insiders.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: JPMorgan initiated coverage with an Overweight rating, added Palantir to its Analyst Focus List, and assigned a December 2027 price target of $262—roughly 33% above the recent share price. The bank views Palantir as a disruptive artificial-intelligence leader with further growth potential. JPMorgan starts Palantir at Overweight
• Positive Sentiment: Oppenheimer raised its price target to $235 from $200 and maintained an Outperform rating. The firm expects Palantir to beat revenue estimates and potentially raise full-year guidance, supported by continued demand for its AI software. Oppenheimer adjusts Palantir price target
• Positive Sentiment: Several outlook pieces point to accelerating commercial and government revenue, strong margins, customer expansion, and a history of earnings outperformance. Those trends could support another post-earnings rally if November 2 results and guidance exceed already-high expectations. Palantir Q3 earnings outlook
• Neutral Sentiment: Options markets imply a potential post-earnings move of approximately 11.65%, highlighting unusually high volatility and the possibility of a sharp reaction in either direction. Palantir earnings volatility
• Negative Sentiment: Valuation remains the central concern. Morgan Stanley kept a Hold rating and a $205 target, citing Palantir’s rich valuation despite strong AI-driven fundamentals. Other commentary warns that much of the expected growth is already priced into the stock, leaving little room for an earnings or guidance disappointment. Morgan Stanley maintains Palantir Hold rating
• Negative Sentiment: Rising interest rates pose an additional risk to high-multiple technology stocks such as PLTR by increasing the discount rate applied to future earnings. Investors are therefore taking profits and awaiting proof that growth can justify Palantir’s premium valuation. Rising rates and AI stocks

Palantir Technologies Profile

Palantir Technologies Inc develops software platforms that help government agencies and commercial organizations integrate, analyze and act on data. Its products are designed to support complex operations such as defense and intelligence, supply-chain management, manufacturing, healthcare and other data-intensive activities.

Palantir’s principal platforms include Gotham, which is primarily used by government and defense customers; Foundry, which helps commercial and institutional users build data-driven workflows; Apollo, a platform for deploying and managing software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects generative artificial intelligence capabilities with an organization’s data and operational systems.

Founded in 2003, the company initially focused on software for government and national-security applications before expanding into commercial markets.