O Shaughnessy Asset Management LLC Boosts Position in Palantir Technologies Inc. $PLTR

O Shaughnessy Asset Management LLC boosted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 5.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 350,825 shares of the company’s stock after acquiring an additional 18,519 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Palantir Technologies were worth $62,359,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in 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 purchasing an additional 1,557,828 shares during the period. State Street Corp grew its holdings in Palantir Technologies by 7.2% during the third quarter. State Street Corp now owns 101,258,899 shares of the company’s stock valued at $18,471,648,000 after purchasing an additional 6,777,771 shares during the period. Geode Capital Management LLC grew its holdings in Palantir Technologies by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company’s stock valued at $9,599,882,000 after purchasing an additional 805,047 shares during the period. Norges Bank bought a new stake in Palantir Technologies during the fourth quarter valued at about $5,149,641,000. Finally, Invesco Ltd. grew its holdings in Palantir Technologies by 5.9% during the third quarter. Invesco Ltd. now owns 21,798,785 shares of the company’s stock valued at $3,976,534,000 after purchasing an additional 1,213,529 shares during the period. Institutional investors own 45.65% of the company’s stock.

Insider Activity at Palantir Technologies

In related news, insider David A. Glazer sold 17,128 shares of the 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 $2,330,093.12. Following the completion of the transaction, the insider directly owned 375,242 shares of the company’s stock, valued at approximately $51,047,921.68. This represents a 4.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 the company’s 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 $22,516,524.56. Following the sale, the insider owned 642,786 shares in the company, valued at approximately $87,444,607.44. This trade represents a 20.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 925,789 shares of company stock valued at $126,007,032 in the last 90 days. 9.53% of the stock is currently owned by insiders.

Palantir Technologies Stock Performance

Shares of Palantir Technologies stock opened at $135.53 on Monday. The stock has a 50 day moving average of $140.80 and a 200 day moving average of $154.74. Palantir Technologies Inc. has a 12 month low of $121.92 and a 12 month high of $207.52. The firm has a market cap of $324.91 billion, a PE ratio of 152.28, a PEG ratio of 2.15 and a beta of 1.53.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, May 4th. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.05. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same period in the prior year, the company earned $0.13 earnings per share. The firm’s revenue was up 84.7% on a year-over-year basis. As a group, equities research analysts forecast that Palantir Technologies Inc. will post 1.18 earnings per share for the current fiscal year.

Key Palantir Technologies News

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

• Positive Sentiment: Palantir announced an expanded partnership with Google Cloud to integrate Gemini and BigQuery with Foundry and AIP, a move that could broaden enterprise adoption and deepen its AI ecosystem. Palantir Announces Availability on Google Cloud Marketplace, Including Two-Way Integrations between BigQuery and Foundry and Deep Connectivity between Gemini and AIP
• Positive Sentiment: The company also unveiled several new enterprise deals at AIPCon 10, including partnerships with Kirkland & Ellis, McCarthy Building Companies, and GNP Seguros, showing continued traction across legal, construction, and insurance customers. Palantir and Kirkland & Ellis Partner to Transform Private Equity Fundraising with Exclusive AI-Powered Fund Enterprise Platform
• Positive Sentiment: Analysts remain constructive, with Wedbush and Rosenblatt reaffirming bullish views and price targets well above the current share price, reinforcing the view that Palantir remains a top AI name. Palantir Technologies had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $225.00 price target on the stock.
• Positive Sentiment: Momentum around Palantir’s growth story remains strong, with commentary highlighting surging revenue, improved margins, and a sharply higher Rule of 40 score, suggesting the company’s AI-driven operating leverage is still accelerating. Palantir’s Rule of 40 Explosion Indicates Strong AI Dominance
• Neutral Sentiment: Media coverage and trading chatter continue to focus on Palantir’s rich valuation and high expectations, which can support volatility even when the operational news is positive. Palantir Lags the S&P 500 in 2026. How to Play the Once-Leading AI Stock Now.
• Negative Sentiment: Some investors are still focused on Michael Burry’s renewed bearish comments and short-position warning, and on broader concerns that Palantir’s valuation may already reflect a lot of the good news. Michael Burry drops rare technical warning on Palantir stock

Analyst Ratings Changes

A number of equities analysts have recently weighed in on PLTR shares. Daiwa Securities Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a research note on Tuesday, February 10th. Mizuho dropped their price objective on Palantir Technologies from $195.00 to $185.00 and set an “outperform” rating for the company in a research note on Tuesday, April 14th. Benchmark started coverage on Palantir Technologies in a research note on Wednesday, April 1st. They issued a “hold” rating for the company. Zacks Research raised Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $225.00 price objective on shares of Palantir Technologies in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $192.76.

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.