Florida Trust Wealth Management Co Grows Stock Position in Palantir Technologies Inc. $PLTR

Florida Trust Wealth Management Co grew its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 115.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 19,612 shares of the company’s stock after buying an additional 10,522 shares during the quarter. Florida Trust Wealth Management Co’s holdings in Palantir Technologies were worth $3,578,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Signature Resources Capital Management LLC purchased a new stake in Palantir Technologies in the 2nd quarter worth approximately $25,000. Briaud Financial Planning Inc acquired a new position in Palantir Technologies in the 2nd quarter worth about $27,000. LFA Lugano Financial Advisors SA acquired a new position in Palantir Technologies in the 2nd quarter worth about $27,000. Frazier Financial Advisors LLC purchased a new position in Palantir Technologies during the second quarter worth approximately $28,000. Finally, Delos Wealth Advisors LLC acquired a new stake in Palantir Technologies in the second quarter valued at approximately $29,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider David A. Glazer sold 15,557 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction of $2,551,192.43. Following the transaction, the insider directly owned 415,612 shares in the company, valued at $68,156,211.88. The trade was a 3.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Stephen Andrew Cohen sold 308,635 shares of the stock in a transaction that occurred on 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 sale, the insider directly owned 592 shares of the company’s stock, valued at approximately $97,082.08. This represents a 99.81% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,023,444 shares of company stock worth $167,394,629. 12.93% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Truist Financial assumed coverage on Palantir Technologies in a research report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 price objective for the company. DA Davidson boosted their price target on shares of Palantir Technologies from $170.00 to $215.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Wall Street Zen downgraded shares of Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Citigroup upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and lifted their target price for the company from $210.00 to $235.00 in a research report on Monday, January 12th. Finally, CICC Research upped their price target on shares of Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Palantir Technologies currently has an average rating of “Hold” and a consensus target price of $175.88.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Citigroup says now is “time to get back in” on PLTR, offering a renewed buy case that can support demand if momentum returns. ’Time to Get Back In,’ Says Citigroup About Palantir (PLTR) Stock
• Positive Sentiment: Multiple Motley Fool pieces highlight Palantir as a long-term AI growth play and include it among top growth picks, reinforcing the bullish narrative among retail investors. 2 Growth Stocks to Buy in January and Hold for the Next 10 Years
• Neutral Sentiment: Palantir announced Q4 2025 earnings release and webcast details — a scheduled event that will likely drive intra-day volatility when numbers and guidance are posted. Watch revenue, margins, and commentary on AI adoption and government demand. Palantir Technologies Announces Fourth Quarter 2025 Earnings Release and Webcast Details
• Neutral Sentiment: Seeking Alpha notes a slowdown in insider transactions ahead of Q4 and links that pattern to a rating upgrade — mixed signals (insider activity, analyst upgrades) that are worth monitoring for conviction. Palantir: Why Insider Transactions Slowed Drastically Before Q4 Earnings (Rating Upgrade)
• Neutral Sentiment: Analyst scenario pieces (TipRanks, Fool) present both bull and bear paths for 2026 — consensus still contains many above-$200 targets, so analyst guidance/updates will matter for near-term sentiment. Palantir Stock (PLTR) Forecast: Bull vs. Bear Price Scenarios for 2026
• Negative Sentiment: Macro/market-watch pieces (FXEmpire) flag potential for PLTR to gap lower on the next open amid broader market moves, adding short-term technical risk. TSLA, PLTR and SMCI Forecast – Stocks Likely to Gap Lower on Tuesday
• Negative Sentiment: Price-forecast writeups (24/7 Wall St.) highlight a short-term selloff driven by rotation out of AI stocks; technical selling and higher volatility remain risks while flows reallocate. Palantir Technologies (NASDAQ: PLTR) Price Prediction and Forecast 2026-2030 for January 19

Palantir Technologies Stock Down 3.5%

Palantir Technologies stock opened at $170.96 on Tuesday. The company has a fifty day simple moving average of $177.68 and a 200-day simple moving average of $172.56. The firm has a market capitalization of $407.47 billion, a price-to-earnings ratio of 407.06, a PEG ratio of 4.30 and a beta of 1.54. Palantir Technologies Inc. has a 52-week low of $66.12 and a 52-week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last posted 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 firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period last year, the firm posted $0.10 earnings per share. The company’s revenue for the quarter was up 62.8% on a year-over-year basis. On average, research analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS 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.