Canada Post Corp Registered Pension Plan Purchases 12,070 Shares of Palantir Technologies Inc. $PLTR

Canada Post Corp Registered Pension Plan increased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 25.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 58,930 shares of the company’s stock after purchasing an additional 12,070 shares during the period. Canada Post Corp Registered Pension Plan’s holdings in Palantir Technologies were worth $10,475,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Bare Financial Services Inc increased its position in Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after buying an additional 55 shares during the period. Morton Brown Family Wealth LLC boosted its position in shares of Palantir Technologies by 250.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock valued at $31,000 after acquiring an additional 125 shares during the period. Flagship Wealth Advisors LLC acquired a new position in shares of Palantir Technologies in the third quarter valued at about $32,000. United Financial Planning Group LLC bought a new position in Palantir Technologies during the third quarter worth about $32,000. Finally, Clayton Financial Group LLC raised its stake in Palantir Technologies by 500.0% in the 4th quarter. Clayton Financial Group LLC now owns 180 shares of the company’s stock worth $32,000 after purchasing an additional 150 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors.

Palantir Technologies Trading Up 0.2%

Shares of NASDAQ PLTR opened at $133.99 on Friday. The company has a market cap of $321.22 billion, a price-to-earnings ratio of 150.55, a PEG ratio of 2.13 and a beta of 1.52. Palantir Technologies Inc. has a 12 month low of $118.93 and a 12 month high of $207.52. The stock has a 50-day moving average price of $144.62 and a two-hundred day moving average price of $159.79.

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

Insider Activity at Palantir Technologies

In related news, insider Alexander C. Karp sold 493,025 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the sale, the insider owned 6,432,258 shares in the company, valued at $860,507,475.24. The trade was a 7.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Shyam Sankar sold 168,004 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $22,465,494.88. Following the completion of the transaction, the insider owned 642,786 shares of the company’s stock, valued at $85,953,343.92. This represents a 20.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,029,479 shares of company stock worth $137,685,797 over the last 90 days. 9.53% of the stock is currently owned by company insiders.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Wall Street commentary remains constructive after Palantir’s strong quarterly results, with one brokerage lifting its price target to $230 and keeping a Buy rating, citing the company’s powerful revenue growth and AI momentum. Freedom Broker Lifts Palantir (PLTR) Price Target After Strong Results
• Positive Sentiment: Palantir-linked defense and autonomy demand continues to show up in partner results, as Ondas reported explosive revenue growth and raised guidance, highlighting broader commercial and defense adoption of Palantir-powered technology. Palantir-Backed Ondas Stock Soars. Autonomous Drone Company Sees Revenue Grow 1,065%.
• Positive Sentiment: Several bullish articles argue the recent pullback could be a buying opportunity, with analysts and commentators pointing to Palantir’s rapid revenue growth, rising analyst targets, and long runway in AI and government software. Palantir’s Critics Are “Right”—But They’re Also Still Wrong
• Neutral Sentiment: Media coverage of President Trump’s purchases and public comments on Palantir has increased attention on the stock, but this is more of a sentiment driver than a direct business catalyst. Trump touted Palantir on Truth Social after buying the company’s stock, records show
• Neutral Sentiment: Long-form outlook pieces and “stock price in 2030” predictions are keeping Palantir in the spotlight, but they do not materially change the near-term fundamental picture. This Will Be Palantir Technologies Stock Price in 2030
• Negative Sentiment: Bearish commentary continues to focus on valuation, with some investors arguing Palantir’s premium is too high even after exceptional growth, which may be contributing to the stock’s weakness. Where Will Palantir Stock Be in 5 Years?
• Negative Sentiment: Additional reports note that Palantir is still trading well below recent highs after a strong run, with investors rotating away from software names and some insiders reportedly selling more than buying. Retail traders are trimming holdings of longtime AI favorite Palantir in a pivot from software stocks

Wall Street Analyst Weigh In

PLTR has been the topic of several analyst reports. Benchmark began coverage on Palantir Technologies in a report on Wednesday, April 1st. They set a “hold” rating on the stock. Freedom Capital raised shares of Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 13th. The Goldman Sachs Group decreased their target price on shares of Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday, February 2nd. Finally, Daiwa Securities Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a report on Tuesday, February 10th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Palantir Technologies presently has an average rating of “Moderate Buy” and an average price target of $195.16.

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.