E Fund Management Hong Kong Co. Ltd. Increases Holdings in Palantir Technologies Inc. $PLTR

Posted by Brenda Bartman on May 14th, 2026

E Fund Management Hong Kong Co. Ltd. lifted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 103.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,621 shares of the company’s stock after acquiring an additional 4,896 shares during the quarter. Palantir Technologies accounts for about 0.7% of E Fund Management Hong Kong Co. Ltd.’s holdings, making the stock its 29th biggest position. E Fund Management Hong Kong Co. Ltd.’s holdings in Palantir Technologies were worth $1,710,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Milestone Asset Management LLC lifted its stake in Palantir Technologies by 229.5% in the 4th quarter. Milestone Asset Management LLC now owns 60,551 shares of the company’s stock valued at $10,763,000 after buying an additional 42,173 shares in the last quarter. GPS Wealth Strategies Group LLC increased its holdings in shares of Palantir Technologies by 26.4% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 58,548 shares of the company’s stock worth $10,680,000 after buying an additional 12,229 shares during the last quarter. Public Sector Pension Investment Board increased its holdings in shares of Palantir Technologies by 135.3% during the 3rd quarter. Public Sector Pension Investment Board now owns 540,835 shares of the company’s stock worth $98,659,000 after buying an additional 310,942 shares during the last quarter. VCI Wealth Management LLC increased its holdings in shares of Palantir Technologies by 42.3% during the 4th quarter. VCI Wealth Management LLC now owns 12,187 shares of the company’s stock worth $2,166,000 after buying an additional 3,621 shares during the last quarter. Finally, PFA Pension Forsikringsaktieselskab acquired a new stake in Palantir Technologies in the 4th quarter valued at $222,143,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Price Performance

NASDAQ:PLTR opened at $130.05 on Thursday. The firm has a 50-day moving average of $145.28 and a two-hundred day moving average of $160.33. The stock has a market cap of $311.04 billion, a P/E ratio of 146.13, a PEG ratio of 2.16 and a beta of 1.52. Palantir Technologies Inc. has a 1-year low of $118.93 and a 1-year high of $207.52.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.05. The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 84.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.13 EPS. As a group, equities analysts expect that Palantir Technologies Inc. will post 1.18 earnings per share for the current year.

Insider Buying and Selling at Palantir Technologies

In other news, insider Stephen Andrew Cohen sold 327,088 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 transaction of $43,738,207.36. Following the transaction, the insider owned 592 shares of the company’s stock, valued at approximately $79,162.24. This trade represents a 99.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider David A. Glazer sold 17,438 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the transaction, the insider directly owned 392,370 shares in the company, valued at $52,467,716.40. The trade was a 4.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,029,479 shares of company stock valued at $137,685,797. Corporate insiders own 9.53% of the company’s stock.

Key Headlines Impacting Palantir Technologies

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

Positive Sentiment: Palantir’s Q1 results continue to draw bullish attention, with articles highlighting accelerated revenue growth, especially in the U.S., and multiple analysts raising price targets after the earnings beat. Argus Research Highlights Accelerating Revenue Growth at Palantir Technologies (PLTR)
Positive Sentiment: New reports also point to continued defense-related momentum, including Palantir’s expanded AI cooperation with Ukraine and plans to scale interoperability across the U.S. Army, reinforcing the company’s growth narrative. Palantir Ukraine AI Deal Puts Battlefield Data At Center Of Growth Narrative
Neutral Sentiment: Several pieces frame Palantir as a standout AI growth story but question whether the stock is already priced for perfection, with commentary focusing on its steep valuation versus peers and the need for continued execution. Palantir Is Growing at a Jaw-Dropping Rate, but Is the Stock a Buy?
Negative Sentiment: The stock is under pressure because the broader market is rebounding while Palantir is not participating, suggesting investors are rotating away from the name after its strong run and recent post-earnings selloff. Why Palantir Stock Is Sinking Today
Negative Sentiment: Market commentary also notes that Palantir remains far below prior highs and is down for the year, which is amplifying concerns that its valuation is still too rich even after the pullback. Should You Really Ignore Palantir’s Steep Valuation and Buy the Stock? Here’s What History Says.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on PLTR shares. Zacks Research upgraded Palantir Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. Robert W. Baird upgraded Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price target for the company in a report on Tuesday, February 3rd. Rosenblatt Securities increased their price target on Palantir Technologies from $200.00 to $225.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Oppenheimer started coverage on Palantir Technologies in a report on Thursday, April 30th. They issued an “outperform” rating and a $200.00 price target for the company. Finally, William Blair upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating in a report on Monday, February 2nd. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $195.16.

Check Out Our Latest Report on Palantir Technologies

About Palantir Technologies

(Free Report)

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.