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US Bancorp DE Has $87.81 Million Stock Holdings in Palantir Technologies Inc. $PLTR
US Bancorp DE increased its substantial stake in Palantir Technologies Inc. to 494,001 shares, reflecting a 2.8% rise, which now values its holdings at approximately $87.81 million. Despite this institutional confidence, Palantir faces mixed sentiment from Wall Street analysts, a high P/E ratio of 220.81, and notable insider selling totalling $137.7 million in the last three months. The company’s Q1 earnings on May 4th are anticipated to be a major catalyst, with options markets pricing in significant volatility.