Global Retirement Partners LLC increased its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 9.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,212 shares of the company’s stock after buying an additional 6,124 shares during the period. Global Retirement Partners LLC’s holdings in Palantir Technologies were worth $13,538,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Palantir Technologies by 3.6% during the second 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 during the last quarter. Truist Financial Corp lifted its stake in Palantir Technologies by 4.2% in the 2nd quarter. Truist Financial Corp now owns 537,000 shares of the company’s stock worth $73,204,000 after purchasing an additional 21,809 shares in the last quarter. Prentice Wealth Management LLC acquired a new position in shares of Palantir Technologies during the 3rd quarter worth approximately $550,000. Watershed Private Wealth LLC boosted its holdings in shares of Palantir Technologies by 75.3% during the 3rd quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock worth $1,423,000 after purchasing an additional 3,350 shares during the last quarter. Finally, State of Michigan Retirement System grew its position in shares of Palantir Technologies by 1.3% in the second quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock valued at $127,923,000 after purchasing an additional 12,300 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts recently commented on the company. Bank of America lifted their price objective on Palantir Technologies from $215.00 to $255.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Wall Street Zen cut shares of Palantir Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. CICC Research upped their price objective on shares of Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a report on Wednesday, November 12th. Raymond James Financial reaffirmed a “market perform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. Finally, Citigroup increased their price target on shares of Palantir Technologies from $190.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $172.28.
Insider Buying and Selling at Palantir Technologies
In other news, insider Ryan D. Taylor sold 36,048 shares of Palantir Technologies stock in a transaction on Monday, November 24th. The stock was sold at an average price of $162.36, for a total value of $5,852,753.28. Following the completion of the sale, the insider directly owned 251,409 shares of the company’s stock, valued at approximately $40,818,765.24. The trade was a 12.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Alexander C. Karp sold 359,325 shares of the stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $58,925,706.75. Following the transaction, the insider directly owned 6,432,258 shares in the company, valued at approximately $1,054,825,989.42. The trade was a 5.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,008,044 shares of company stock valued at $164,601,839. Corporate insiders own 9.23% of the company’s stock.
Palantir Technologies Price Performance
Shares of PLTR stock opened at $167.86 on Friday. Palantir Technologies Inc. has a 1-year low of $63.40 and a 1-year high of $207.52. The firm has a market cap of $400.08 billion, a PE ratio of 399.68, a price-to-earnings-growth ratio of 4.22 and a beta of 1.54. The company has a 50-day moving average of $180.87 and a two-hundred day moving average of $169.29.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its quarterly earnings data on Monday, November 3rd. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the business posted $0.10 EPS. The business’s revenue for the quarter was up 62.8% compared to the same quarter last year. Sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.
More Palantir Technologies News
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Zacks added PLTR to its Rank #1 (Strong Buy) list, which can attract buying interest from momentum-focused and institutional investors. New Strong Buy Stocks for January 2nd
- Positive Sentiment: 247WallStreet argues there’s still room to run for PLTR based on recent commercial/government AI deployments and momentum — a narrative that supports buy-the-dip trading strategies. Palantir Stock Is Coming Back. 1 Reason There’s More Room to Run
- Neutral Sentiment: MarketBeat’s take frames PLTR as a maturing AI/software compounder — bullish long-term but likely to see consolidation and choppy trading as valuation now prices in high future growth. This shifts investor tactics toward buy-and-hold with tactical dip buying. Palantir Has Grown Up Fast: What Does That Mean for 2026?
- Neutral Sentiment: Sector tailwinds for AI (January-effect commentary) could help PLTR over time, but near-term flows are favoring chip names like NVDA — a mixed signal for software names. 3 AI Stocks Poised to Surge on the January Effect
- Negative Sentiment: The Motley Fool and other outlets point to profit-taking after PLTR’s 135%+ jump in 2025 and a rotation out of software into chips as the main drivers of today’s sell-off. That explains much of the short-term weakness. Why Palantir Fell Hard To Start 2026
- Negative Sentiment: Technically, PLTR has tested key support near ~$175 after the run-up, raising the risk of deeper pullbacks if selling persists. Traders will watch those levels and the 50-day moving average for sign of stabilization. Palantir Slips Friday: AI Darling Tests Key $175 Support Level After Historic 2025 Run
- Negative Sentiment: Forbes highlights recurring downside risk — PLTR has experienced several rapid >30% drawdowns historically — a reminder that elevated valuation and concentrated retail interest can amplify volatility. Risks That Palantir Stock Investors Must Know
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.
Further Reading
- Five stocks we like better than Palantir Technologies
- A month before the crash
- Do not delete, read immediately
- ALERT: Drop these 5 stocks before January 2026!
- Market Panic: Trump Just Dropped a Bomb on Your Stocks
- A U.S. “birthright” claim worth trillions – activated quietly
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.
