USS Investment Management Ltd Purchases 6,058 Shares of Palantir Technologies Inc. $PLTR

USS Investment Management Ltd lifted its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 1.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 339,653 shares of the company’s stock after purchasing an additional 6,058 shares during the quarter. USS Investment Management Ltd’s holdings in Palantir Technologies were worth $49,678,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Milestone Asset Management LLC lifted its stake in shares of Palantir Technologies by 229.5% in the 4th quarter. Milestone Asset Management LLC now owns 60,551 shares of the company’s stock worth $10,763,000 after acquiring an additional 42,173 shares during the period. VCI Wealth Management LLC increased its stake in shares of Palantir Technologies by 42.3% during the fourth quarter. VCI Wealth Management LLC now owns 12,187 shares of the company’s stock valued at $2,166,000 after acquiring an additional 3,621 shares during the period. Vanguard Group Inc. increased its stake in shares of Palantir Technologies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock valued at $38,295,188,000 after acquiring an additional 1,557,828 shares during the period. PFA Pension Forsikringsaktieselskab bought a new stake in Palantir Technologies during the fourth quarter worth approximately $222,143,000. Finally, Jefferson Bridge Capital LLC acquired a new stake in Palantir Technologies in the fourth quarter worth approximately $1,322,000. 45.65% of the stock is owned by institutional investors.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Palantir announced a strategic NVIDIA partnership to bring Nemotron models into secure U.S. government and critical infrastructure environments, strengthening its AI and defense positioning. Palantir Launches Engine for Deploying NVIDIA Nemotron Open Models in Sovereign Environments
• Positive Sentiment: Palantir expanded its Surf Air Mobility partnership to accelerate SurfOS commercialization, signaling additional enterprise adoption and revenue opportunities. Palantir and Surf Air Mobility Expand Partnership to Accelerate Commercialization of OperatorOS, OwnerOS, and Enterprise Products
• Positive Sentiment: Analyst commentary pointed to expanding customer demand and long-term enterprise AI growth, while several reports said Wall Street still sees substantial upside in PLTR. Palantir’s Expanding Customer Base Fuels Enterprise AI Growth
• Neutral Sentiment: Some articles remained focused on valuation, recent weakness, and short-selling activity, which keeps the stock volatile even after the rebound. Palantir’s Rough 2026 Start Raises a Bigger Question About Its AI Moat?
• Negative Sentiment: Bearish commentary continues to question whether Palantir’s moat is shrinking and whether its premium valuation leaves the stock vulnerable to sharp swings. ‘Moat Is Shrinking,’ Says Top Investor About Palantir Stock

Analyst Ratings Changes

A number of brokerages have issued reports on PLTR. Royal Bank Of Canada reaffirmed an “underperform” rating and set a $90.00 price target on shares of Palantir Technologies in a research note on Tuesday, May 5th. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 price objective on shares of Palantir Technologies in a research note on Friday, June 5th. Zacks Research upgraded Palantir Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. BTIG Research cut Palantir Technologies to a “neutral” rating in a research note on Tuesday, June 16th. Finally, Wolfe Research raised Palantir Technologies from an “underperform” rating to a “peer perform” rating in a report on Tuesday, June 16th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $190.46.

Insider Activity

In other news, insider Alexander C. Karp sold 397,744 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total value of $54,109,093.76. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 firm’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 $2,674,818.48. Following the sale, the insider owned 199,759 shares of the company’s stock, valued at approximately $27,175,214.36. This represents a 8.96% decrease in their ownership of the stock. 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 927,270 shares of company stock valued at $126,197,785 in the last ninety days. Corporate insiders own 9.53% of the company’s stock.

Palantir Technologies Price Performance

PLTR stock opened at $116.67 on Wednesday. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $207.52. The company’s 50 day simple moving average is $134.82 and its 200-day simple moving average is $149.25. The firm has a market capitalization of $279.69 billion, a P/E ratio of 131.09, a P/E/G ratio of 1.86 and a beta of 1.53.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same quarter last year, the business posted $0.13 EPS. The company’s revenue was up 84.7% on a year-over-year basis. Sell-side analysts predict that Palantir Technologies Inc. will post 1.16 EPS for the current fiscal year.

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.