Allen Mooney & Barnes Investment Advisors LLC decreased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 39.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,706 shares of the company’s stock after selling 4,953 shares during the quarter. Allen Mooney & Barnes Investment Advisors LLC’s holdings in Palantir Technologies were worth $1,406,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in PLTR. Retirement Wealth Solutions LLC bought a new stake in shares of Palantir Technologies in the 3rd quarter worth $31,000. Signature Resources Capital Management LLC bought a new position in shares of Palantir Technologies during the second quarter valued at $25,000. Briaud Financial Planning Inc purchased a new stake in shares of Palantir Technologies during the second quarter valued at $27,000. LFA Lugano Financial Advisors SA bought a new stake in Palantir Technologies in the 2nd quarter worth about $27,000. Finally, Frazier Financial Advisors LLC purchased a new position in Palantir Technologies in the 2nd quarter worth about $28,000. Institutional investors own 45.65% of the company’s stock.
Key Stores Impacting Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Wedbush upgraded/expressed strong enthusiasm for Palantir’s AI platform, calling it a potential game‑changer for enterprise AI — a catalyst cited by traders who’ve been driving recent gains. PLTR: Palantir Surges on Wedbush Call, AI Platform Seen as Game‑Changer
- Positive Sentiment: BofA reiterated a Buy after investor meetings with Palantir execs and kept a high $255 price target, reinforcing the bull case around AI adoption and international commercial traction. BofA Reiterates Buy on Palantir (PLTR) After Investor Meetings
- Positive Sentiment: Multiple bullish price targets and analyst notes (median target around $200; some well above) fuel momentum and give traders targets to chase into 2026. Palantir: When Solid Fundamentals Are Not Enough
- Positive Sentiment: Ongoing large government deals and reported award payments support the revenue runway and justify premium multiples for growth‑oriented investors. Analysts cite these contract wins in bullish forecasts. PLTR Military Deals & AI Scrutiny
- Neutral Sentiment: Numerous media pieces and price‑prediction articles (24/7 Wall St., TipRanks, Seeking Alpha) are amplifying both upside scenarios and downside risk, increasing retail interest and trading volume volatility into year‑end. Will Palantir Continue to Skyrocket in 2026?
- Neutral Sentiment: Short‑interest data reported appears anomalous (shows zero), so it’s not a clear driver; ignore noisy/incorrect short‑interest reads until confirmed by official exchanges. (No reliable link — data flagged as NaN/0.)
- Negative Sentiment: Significant insider selling has been reported across senior executives over recent months — a headline that can sap investor confidence and prompt profit‑taking. Palantir Opinions on AI Platform Growth (Quiver summary)
- Negative Sentiment: Notable investors such as Stanley Druckenmiller have sold PLTR, and coverage noting Michael Burry’s warnings on tech/AI excesses has added caution among value and event‑driven funds. Billionaire Stanley Druckenmiller Sold Nvidia and Palantir
- Negative Sentiment: Valuation scrutiny is intensifying after PLTR’s sharp multi‑year rally; several analysts warn that high multiples raise downside risk if execution or growth guidance slips. Palantir (PLTR) Valuation Check After a Powerful Multi‑Year Share Price Surge
Palantir Technologies Stock Down 0.1%
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter last year, the business earned $0.10 EPS. The firm’s revenue was up 62.8% compared to the same quarter last year. On average, equities research analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.
Insider Activity
In other Palantir Technologies news, insider Jeffrey Buckley sold 1,252 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $157.50, for a total value of $197,190.00. Following the completion of the sale, the insider owned 47,044 shares in the company, valued at approximately $7,409,430. This represents a 2.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider David A. Glazer sold 9,000 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $185.91, for a total value of $1,673,190.00. Following the completion of the transaction, the insider owned 413,639 shares in the company, valued at $76,899,626.49. The trade was a 2.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,008,844 shares of company stock worth $164,750,951. 9.23% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on the stock. Wall Street Zen cut shares of Palantir Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Cantor Fitzgerald increased their price objective on shares of Palantir Technologies from $155.00 to $198.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Daiwa Capital Markets lifted their target price on shares of Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Morgan Stanley increased their price target on Palantir Technologies from $155.00 to $205.00 and gave the company an “equal weight” rating in a report on Tuesday, November 4th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Palantir Technologies in a research note on Monday. Five equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Palantir Technologies has an average rating of “Hold” and an average price target of $172.28.
Get Our Latest Analysis on PLTR
About Palantir Technologies
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.
See Also
- Five stocks we like better than Palantir Technologies
- Do not delete, read immediately
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- Can Any Expenses Be Deducted From Capital Gains Tax?
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- Forget AI, This Will Be the Next Big Tech Breakthrough
Want to see what other hedge funds are holding PLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palantir Technologies Inc. (NASDAQ:PLTR – Free Report).
Receive News & Ratings for Palantir Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palantir Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
