Palantir Technologies Inc. $PLTR Shares Purchased by PensionDanmark Pensionsforsikringsaktieselskab

PensionDanmark Pensionsforsikringsaktieselskab boosted its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 3.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 417,348 shares of the company’s stock after acquiring an additional 14,470 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Palantir Technologies were worth $48,677,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of PLTR. Assenagon Asset Management S.A. increased its position in shares of Palantir Technologies by 2,496.4% during the second quarter. Assenagon Asset Management S.A. now owns 1,491,567 shares of the company’s stock worth $174,021,000 after purchasing an additional 1,434,120 shares in the last quarter. St. Louis Financial Planners Asset Management LLC acquired a new stake in shares of Palantir Technologies in the 2nd quarter valued at about $3,248,000. 55 North Private Wealth LLC grew its stake in Palantir Technologies by 2.3% during the 2nd quarter. 55 North Private Wealth LLC now owns 3,537 shares of the company’s stock worth $413,000 after buying an additional 80 shares during the last quarter. Byrne Asset Management LLC grew its stake in Palantir Technologies by 62.0% during the 2nd quarter. Byrne Asset Management LLC now owns 1,123 shares of the company’s stock worth $131,000 after buying an additional 430 shares during the last quarter. Finally, Eclectic Associates Inc. ADV grew its stake in Palantir Technologies by 0.6% during the 2nd quarter. Eclectic Associates Inc. ADV now owns 14,909 shares of the company’s stock worth $1,739,000 after buying an additional 87 shares during the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Alexander C. Karp sold 397,744 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $54,109,093.76. Following the completion of the transaction, the insider owned 6,432,258 shares in the company, valued at approximately $875,044,378.32. This represents a 5.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shyam Sankar sold 165,514 shares of Palantir Technologies stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $22,516,524.56. Following the completion of the sale, the insider directly owned 642,786 shares in the company, valued at approximately $87,444,607.44. The trade was a 20.48% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,112,270 shares of company stock worth $150,247,785 over the last quarter. 9.53% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Blowout earnings and higher guidance remain the main bullish catalyst. Palantir reported second-quarter revenue of approximately $1.94 billion, up 93% year over year and ahead of the $1.81 billion consensus estimate. U.S. commercial revenue surged 149%, while government revenue rose 90%. The company also raised its full-year revenue, profit and cash-flow outlook, reinforcing expectations for continued AI demand and accelerating growth. Palantir Just Reported a Blowout Quarter and Raised Its Guidance
• Positive Sentiment: Analyst earnings estimates are moving higher. Northland Securities raised its forecasts for several upcoming quarters, including Q3 2026 EPS to $0.30 from $0.27 and Q4 2026 EPS to $0.35 from $0.29. Piper Sandler also assigned an “Overweight” rating, while other analysts said the results make a potential return to $200 more plausible. Palantir Earns Overweight Rating from Piper Sandler
• Positive Sentiment: Founder and investor confidence provides a supportive signal. Peter Thiel continues to own roughly 3% of Palantir, a stake valued at more than $10 billion, suggesting continued conviction in the company’s long-term growth prospects. Peter Thiel Still Owns Roughly 3% of Palantir

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Oppenheimer cut Palantir Technologies from an “outperform” rating to a “market perform” rating in a research note on Tuesday. President Capital upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and raised their target price for the stock from $25.50 to $133.00 in a research report on Monday, June 29th. Argus raised shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 target price on the stock in a report on Wednesday, May 6th. Jefferies Financial Group reiterated an “underperform” rating and issued a $80.00 price target on shares of Palantir Technologies in a research report on Tuesday. Finally, Wolfe Research initiated coverage on shares of Palantir Technologies in a research note on Tuesday. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $190.73.

Palantir Technologies Trading Down 1.6%

Palantir Technologies stock opened at $155.92 on Friday. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The stock has a 50 day moving average of $131.45 and a two-hundred day moving average of $139.69. The stock has a market capitalization of $373.79 billion, a price-to-earnings ratio of 133.26, a PEG ratio of 2.42 and a beta of 1.59.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.07. The company had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The company’s revenue was up 92.8% on a year-over-year basis. During the same period last year, the business posted $0.16 EPS. Equities analysts predict that Palantir Technologies Inc. will post 1.21 earnings per share for the current year.

About Palantir Technologies

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.