ING Groep NV Sells 31,632 Shares of Palantir Technologies Inc. $PLTR

ING Groep NV trimmed its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 2.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,064,674 shares of the company’s stock after selling 31,632 shares during the period. Palantir Technologies accounts for 1.1% of ING Groep NV’s portfolio, making the stock its 16th largest position. ING Groep NV’s holdings in Palantir Technologies were worth $189,246,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in PLTR. Vermillion Wealth Management Inc. increased its holdings in shares of Palantir Technologies by 326.4% in the fourth quarter. Vermillion Wealth Management Inc. now owns 1,147 shares of the company’s stock valued at $204,000 after purchasing an additional 878 shares during the period. Los Angeles Capital Management LLC increased its holdings in shares of Palantir Technologies by 12.2% in the fourth quarter. Los Angeles Capital Management LLC now owns 1,567,504 shares of the company’s stock valued at $304,958,000 after purchasing an additional 169,898 shares during the period. Telemark Asset Management LLC acquired a new position in shares of Palantir Technologies in the fourth quarter valued at about $17,775,000. Tradition Wealth Management LLC increased its holdings in shares of Palantir Technologies by 1.1% in the fourth quarter. Tradition Wealth Management LLC now owns 51,245 shares of the company’s stock valued at $9,109,000 after purchasing an additional 564 shares during the period. Finally, Valtrion Capital Management LLC acquired a new position in shares of Palantir Technologies in the fourth quarter valued at about $309,000. 45.65% of the stock is owned by institutional investors.

Analyst Ratings Changes

PLTR has been the topic of a number of recent research reports. Zacks Research upgraded Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Rosenblatt Securities restated a “buy” rating and issued a $225.00 target price on shares of Palantir Technologies in a research note on Friday. Wedbush restated an “outperform” rating and issued a $230.00 target price on shares of Palantir Technologies in a research note on Friday. Weiss Ratings downgraded Palantir Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, April 27th. Finally, DZ Bank initiated coverage on Palantir Technologies in a research note on Thursday, April 23rd. They issued a “buy” rating and a $175.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Palantir Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $192.76.

Palantir Technologies Stock Down 4.4%

PLTR stock opened at $135.53 on Friday. The business has a fifty day moving average of $140.80 and a two-hundred day moving average of $154.85. The stock has a market cap of $324.91 billion, a price-to-earnings ratio of 152.28, a price-to-earnings-growth ratio of 2.15 and a beta of 1.53. Palantir Technologies Inc. has a 52-week low of $121.92 and a 52-week high of $207.52.

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

More 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

Insider Activity

In related news, insider Alexander C. Karp sold 397,744 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was 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 directly owned 6,432,258 shares of the company’s stock, valued at $875,044,378.32. The trade was a 5.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David A. Glazer sold 17,128 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $2,330,093.12. Following the transaction, the insider directly owned 375,242 shares of the company’s stock, valued at $51,047,921.68. The trade was a 4.37% 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 a total of 925,789 shares of company stock worth $126,007,032 over the last three months. Company insiders own 9.53% of the company’s stock.

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.