Blue Sky Capital Consultants Group Inc. lowered its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 6.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 96,997 shares of the company’s stock after selling 6,225 shares during the quarter. Palantir Technologies comprises approximately 7.6% of Blue Sky Capital Consultants Group Inc.’s investment portfolio, making the stock its 3rd largest position. Blue Sky Capital Consultants Group Inc.’s holdings in Palantir Technologies were worth $17,694,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of PLTR. Signature Resources Capital Management LLC acquired a new position in Palantir Technologies during the second quarter valued at approximately $25,000. Briaud Financial Planning Inc bought a new position in shares of Palantir Technologies during the second quarter worth $27,000. LFA Lugano Financial Advisors SA bought a new position in shares of Palantir Technologies during the second quarter worth $27,000. Frazier Financial Advisors LLC acquired a new position in shares of Palantir Technologies in the 2nd quarter valued at $28,000. Finally, Delos Wealth Advisors LLC bought a new stake in shares of Palantir Technologies in the 2nd quarter valued at $29,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, insider Alexander C. Karp sold 359,325 shares of Palantir Technologies 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 sale, the insider owned 6,432,258 shares of the company’s stock, valued at approximately $1,054,825,989.42. The trade was a 5.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David A. Glazer sold 15,557 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $2,551,192.43. Following the sale, the insider owned 415,612 shares in the company, valued at $68,156,211.88. The trade was a 3.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,008,044 shares of company stock valued at $164,601,839 in the last quarter. Company insiders own 12.93% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Research Report on Palantir Technologies
Palantir Technologies Stock Performance
Shares of Palantir Technologies stock opened at $167.86 on Monday. The firm has a market cap of $400.08 billion, a PE ratio of 399.68, a P/E/G ratio of 4.22 and a beta of 1.54. The business’s 50 day simple moving average is $180.87 and its 200 day simple moving average is $169.50. Palantir Technologies Inc. has a 52-week low of $63.40 and a 52-week high of $207.52.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) 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. 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 during the quarter, compared to analysts’ expectations of $1.09 billion. During the same period last year, the business earned $0.10 EPS. The business’s quarterly revenue was up 62.8% on a year-over-year basis. As a group, equities research analysts predict 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: 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
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.
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