Palantir Technologies Inc. $PLTR Shares Sold by BayBridge Capital Group LLC

BayBridge Capital Group LLC trimmed its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 56.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 9,131 shares of the company’s stock after selling 11,624 shares during the period. Palantir Technologies makes up about 1.1% of BayBridge Capital Group LLC’s holdings, making the stock its 27th largest holding. BayBridge Capital Group LLC’s holdings in Palantir Technologies were worth $1,666,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Optas LLC grew its holdings in shares of Palantir Technologies by 2.8% during the 3rd quarter. Optas LLC now owns 12,014 shares of the company’s stock worth $2,192,000 after purchasing an additional 330 shares during the period. Successful Portfolios LLC raised its holdings in Palantir Technologies by 2.1% in the 3rd quarter. Successful Portfolios LLC now owns 3,420 shares of the company’s stock valued at $624,000 after buying an additional 70 shares during the period. Cypress Wealth Services LLC lifted its position in Palantir Technologies by 15.9% in the third quarter. Cypress Wealth Services LLC now owns 4,297 shares of the company’s stock valued at $784,000 after buying an additional 588 shares during the last quarter. DAVENPORT & Co LLC boosted its stake in Palantir Technologies by 0.5% during the third quarter. DAVENPORT & Co LLC now owns 89,600 shares of the company’s stock worth $16,345,000 after buying an additional 470 shares during the period. Finally, Meriwether Wealth & Planning LLC boosted its stake in Palantir Technologies by 4.0% during the third quarter. Meriwether Wealth & Planning LLC now owns 3,840 shares of the company’s stock worth $700,000 after buying an additional 147 shares during the period. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Trading Up 0.1%

NASDAQ:PLTR opened at $194.13 on Wednesday. The firm has a market cap of $462.70 billion, a PE ratio of 462.23, a price-to-earnings-growth ratio of 7.52 and a beta of 1.49. The stock has a fifty day moving average price of $180.36 and a 200 day moving average price of $166.88. Palantir Technologies Inc. has a 12-month low of $63.40 and a 12-month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.04. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.09 billion. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.Palantir Technologies’s revenue was up 62.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.10 EPS. Equities analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Palantir Technologies News Roundup

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

• Positive Sentiment: BofA reiterated a Buy after recent investor meetings and raised conviction in Palantir’s AI adoption, giving the stock a material institutional endorsement. BofA Reiterates Buy on Palantir (PLTR) After Investor Meetings, Sees Strong AI Adoption
• Positive Sentiment: Large government deals and defense momentum were highlighted (reports cite a $448M Navy award and a reported $10B Army agreement), reinforcing recurring revenue and long-term contract visibility. PLTR Military Deals & AI Scrutiny
• Positive Sentiment: Palantir formed a new Accenture partnership to accelerate enterprise AI deployments — a commercial channel that can speed customer adoption and expansion. Accenture and Palantir Form New AI Partnership to Accelerate Enterprise Transformation
• Positive Sentiment: Analysts and outlets argue Palantir’s AIP product, rising commercial revenue and expanding government ARR make it a core AI‑infrastructure play with durable “land‑and‑expand” economics. 3 Reasons Palantir Is Unavoidable in AI Infrastructure by 2026
• Positive Sentiment: High-profile bulls (e.g., Wedbush coverage) continue to project very large upside, framing longer‑term narratives like a possible $1T valuation as supportive of momentum. Could 2026 Be the Year Palantir Stock Hits a $1 Trillion Valuation?
• Neutral Sentiment: After a 150%+ YTD rally, market commentary is split — many trackers and tools show heavy retail/institutional attention but mixed signals on sustainability. Palantir Stock (PLTR): After a 150% Rally, Bulls and Bears Weigh the Road to 2026
• Neutral Sentiment: Industry comparisons (C3.ai, Oracle, other software peers) emphasize different execution paths for enterprise AI; these analyses help frame relative risk/reward but don’t change Palantir’s standalone momentum. C3.ai and Palantir: Who Wins the Battle of Enterprise AI Stocks Now?
• Neutral Sentiment: Social and forum chatter is highly bullish about AIP adoption but remains split on valuation; these flows can amplify moves but are noisy. Palantir Technologies Stock (PLTR) Opinions on AI Platform Growth
• Negative Sentiment: Multiple pieces warn the stock is richly valued and vulnerable to a sharp pullback in 2026; pundits outline scenarios where a large correction could occur if growth slows. How Low Could Palantir (PLTR) Stock Go In 2026?
• Negative Sentiment: High-profile skeptics (Michael Burry coverage) and critical analyses argue valuation multiples are untenable, adding downside narrative risk. This Michael Burry Warning Could Be Bigger Than His Short Call on Palantir
• Negative Sentiment: Insider selling has been heavy (many executive sales noted), which can be interpreted by some investors as a red flag on timing at current highs. Palantir Technologies Stock (PLTR) Opinions on AI Platform Growth
• Negative Sentiment: Some analysts remain bearish or assign wide-ranging targets (including a low outlier), keeping headline risk and volatility elevated. Palantir: When Solid Fundamentals Are Not Enough

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Northland Securities boosted their price target on shares of Palantir Technologies from $14.00 to $18.50 in a research note on Tuesday, November 4th. Jefferies Financial Group reiterated an “underperform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Palantir Technologies in a research report on Monday. Citigroup upped their price target on Palantir Technologies from $190.00 to $210.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Finally, Robert W. Baird lifted their price objective on Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Five equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $172.28.

Insider Buying and Selling at Palantir Technologies

In related news, insider Alexander C. Karp sold 359,325 shares of Palantir Technologies stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $58,925,706.75. Following the completion of the transaction, the insider owned 6,432,258 shares in the company, valued at $1,054,825,989.42. The trade was a 5.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider David A. Glazer sold 15,557 shares of the stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $2,551,192.43. Following the completion of the sale, the insider directly owned 415,612 shares in the company, valued at approximately $68,156,211.88. This represents a 3.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,008,844 shares of company stock valued at $164,750,951. 12.93% of the stock is currently owned by company insiders.

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.