TB Alternative Assets Ltd. Takes $529,000 Position in Palantir Technologies Inc. $PLTR

TB Alternative Assets Ltd. purchased a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,900 shares of the company’s stock, valued at approximately $529,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in shares of Palantir Technologies by 3.6% in the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after acquiring an additional 7,194,216 shares in the last quarter. Truist Financial Corp lifted its position in shares of Palantir Technologies by 4.2% during the second quarter. Truist Financial Corp now owns 537,000 shares of the company’s stock valued at $73,204,000 after purchasing an additional 21,809 shares in the last quarter. Prentice Wealth Management LLC bought a new position in shares of Palantir Technologies during the third quarter valued at about $550,000. State of Michigan Retirement System boosted its holdings in Palantir Technologies by 1.3% during the second quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock worth $127,923,000 after purchasing an additional 12,300 shares during the last quarter. Finally, Presilium Private Wealth LLC bought a new stake in Palantir Technologies in the 2nd quarter worth about $204,000. Institutional investors own 45.65% of the company’s stock.

Wall Street Analysts Forecast Growth

PLTR has been the subject of several analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Palantir Technologies in a research note on Monday, December 22nd. Piper Sandler upped their target price on Palantir Technologies from $201.00 to $225.00 and gave the company an “overweight” rating in a report on Tuesday, November 4th. Daiwa Capital Markets lifted their price target on Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Mizuho boosted their price objective on Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Finally, Morgan Stanley upped their price objective on Palantir Technologies from $155.00 to $205.00 and gave the company an “equal weight” 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $172.28.

Insider Activity

In other news, insider Stephen Andrew Cohen sold 308,635 shares of Palantir Technologies stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $50,613,053.65. Following the completion of the transaction, the insider owned 592 shares in the company, valued at $97,082.08. This trade represents a 99.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Alexander C. Karp sold 359,325 shares of the business’s 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 $58,925,706.75. Following the completion of the sale, the insider directly owned 6,432,258 shares in the company, valued at approximately $1,054,825,989.42. This trade represents a 5.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 1,008,844 shares of company stock valued at $164,750,951. 9.23% of the stock is currently owned by corporate insiders.

Palantir Technologies Trading Down 2.8%

Palantir Technologies stock opened at $188.71 on Friday. The business’s 50 day simple moving average is $181.17 and its 200 day simple moving average is $167.90. Palantir Technologies Inc. has a 12 month low of $63.40 and a 12 month high of $207.52. The company has a market cap of $449.78 billion, a price-to-earnings ratio of 449.32, a PEG ratio of 7.32 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 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the prior year, the firm earned $0.10 EPS. The business’s revenue for the quarter was up 62.8% compared to the same quarter last year. As a group, equities research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Palantir Technologies News Summary

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

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.