Carnegie Investment Counsel Sells 3,191 Shares of Palantir Technologies Inc. $PLTR

Carnegie Investment Counsel lowered its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 2.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,483 shares of the company’s stock after selling 3,191 shares during the period. Carnegie Investment Counsel’s holdings in Palantir Technologies were worth $21,614,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in PLTR. Signature Resources Capital Management LLC bought a new position in Palantir Technologies during the second quarter worth about $25,000. Wealth Preservation Advisors LLC acquired a new position in shares of Palantir Technologies in the 1st quarter worth approximately $27,000. 1248 Management LLC bought a new position in shares of Palantir Technologies during the 1st quarter worth approximately $27,000. Briaud Financial Planning Inc acquired a new stake in Palantir Technologies in the 2nd quarter valued at $27,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in Palantir Technologies in the second quarter valued at $27,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

More Palantir Technologies News

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

• Positive Sentiment: Palantir’s AIP platform is credited with triple‑digit U.S. commercial growth, helping revenue rise ~63% YoY, lifting guidance and showing a clearer path to profitability — a fundamental driver for upside. Zacks: 2 AI Defense Stocks Soar
• Positive Sentiment: Retail investor frenzy around Palantir’s AI story is a major demand engine — coverage notes the stock has delivered very large YTD gains, attracting continued retail flows. Benzinga: Palantir’s AI Story Hooks Retail Investors
• Positive Sentiment: Profiles showing multi‑hundred percent YTD returns (e.g., “$1,000 invested” pieces) reinforce momentum narratives and attract new entrant buying, supporting price levels. Finbold: Here’s How Much $1,000 Invested in Palantir Is Worth
• Neutral Sentiment: Palantir is repeatedly included in “big tech/AI” buy lists and thematic write-ups for 2026, supporting longer‑term interest but not guaranteeing near‑term price direction. Finbold: Top 3 Big Tech Stocks to Buy in 2026
• Neutral Sentiment: Sector commentary expects continued AI infrastructure spending into 2026, which helps the bull case for PLTR but leaves exposure to macro and sentiment swings. The Motley Fool: Could January Spark the Next Big Rally in AI Stocks?
• Neutral Sentiment: Coverage notes heavy retail inflows despite Wall Street’s valuation concerns — supportive for liquidity but raises the risk of sharper corrections on sentiment shifts. CNBC: Wall Street Wrote Off Palantir, Retail Investors Can’t Get Enough
• Neutral Sentiment: Reported short‑interest data appears anomalous/buggy (zeros and NaN), so short‑squeeze risk signals are unclear from that data point.
• Negative Sentiment: Billionaire Stanley Druckenmiller reportedly sold Palantir, and other analysts have flagged popular AI/momentum names as vulnerable to large drawdowns — headline sales and analyst “sell” calls amplify profit‑taking pressure. Yahoo Finance: Druckenmiller Sold Nvidia and Palantir
• Negative Sentiment: Some Wall Street pieces warn that momentum in AI stocks could be repriced sharply (analyst scenarios show large potential declines), increasing downside risk for richly‑valued names like PLTR. The Motley Fool: 2 Incredibly Popular Stocks to Sell Before They Plummet

Insider Buying and Selling

In other Palantir Technologies news, insider Jeffrey Buckley sold 1,252 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $157.50, for a total transaction of $197,190.00. Following the completion of the sale, the insider directly owned 47,044 shares of the company’s stock, valued at approximately $7,409,430. The trade was a 2.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Shyam Sankar sold 19,004 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $156.25, for a total transaction of $2,969,375.00. Following the transaction, the insider owned 642,786 shares in the company, valued at approximately $100,435,312.50. The trade was a 2.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,008,844 shares of company stock worth $164,750,951. 9.23% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on PLTR shares. Robert W. Baird boosted their target price on shares of Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Northland Securities lifted their price target on shares of Palantir Technologies from $14.00 to $18.50 in a report on Tuesday, November 4th. Daiwa Capital Markets upped their price objective on shares of Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Jefferies Financial Group reiterated an “underperform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. Finally, Raymond James Financial reissued a “market perform” rating on shares of Palantir Technologies in a report 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 company has a consensus rating of “Hold” and an average target price of $172.28.

Palantir Technologies Trading Down 2.8%

Shares of PLTR stock opened at $188.71 on Friday. Palantir Technologies Inc. has a 1 year low of $63.40 and a 1 year high of $207.52. The firm’s 50 day moving average is $181.17 and its 200-day moving average is $167.65. The firm has a market capitalization of $449.78 billion, a price-to-earnings ratio of 449.32, a PEG ratio of 7.53 and a beta of 1.49.

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, beating 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 business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter last year, the business posted $0.10 earnings per share. Palantir Technologies’s revenue for the quarter was up 62.8% compared to the same quarter last year. On average, equities research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Palantir Technologies 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.