Activest Wealth Management Increases Position in Palantir Technologies Inc. $PLTR

Activest Wealth Management boosted its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 147.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 6,284 shares of the company’s stock after acquiring an additional 3,746 shares during the period. Activest Wealth Management’s holdings in Palantir Technologies were worth $1,146,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Briaud Financial Planning Inc acquired a new position in Palantir Technologies in the second quarter valued at $27,000. LFA Lugano Financial Advisors SA acquired a new stake in Palantir Technologies in the 2nd quarter worth about $27,000. Frazier Financial Advisors LLC purchased a new stake in Palantir Technologies in the 2nd quarter valued at about $28,000. Delos Wealth Advisors LLC acquired a new position in shares of Palantir Technologies during the 2nd quarter valued at about $29,000. Finally, Zeit Capital LLC purchased a new position in shares of Palantir Technologies during the 2nd quarter worth about $30,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Shyam Sankar sold 149,872 shares of the firm’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $24,577,509.28. Following the completion of the sale, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $105,410,476.14. This trade represents a 18.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Stephen Andrew Cohen sold 308,635 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction 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 represents a 99.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 1,023,444 shares of company stock valued at $167,394,629. Corporate insiders own 12.93% of the company’s stock.

Palantir Technologies News Summary

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

• Positive Sentiment: Strong retail interest—especially among younger investors—has helped sustain momentum and trading volume, supporting demand for PLTR shares. 3 Reasons Gen Z Likes Palantir Stock
• Positive Sentiment: Some analysts are turning bullish on AI-led growth, initiating coverage or raising targets based on Palantir’s commercial expansion and AI product positioning. This provides a constructive fundamental backdrop. Analyst Sees Strong AI-Led Growth in Palantir (PLTR), Starts Buy
• Positive Sentiment: Expectations for robust Q4 results and continued government/commercial contract wins are keeping longer‑term conviction intact ahead of the report. Palantir Stock (PLTR): Can Q4 Earnings Support Its 100%+ Rally?
• Neutral Sentiment: Earnings timing = volatility catalyst — investors are watching the Feb. 2 Q4 report; that event is likely driving short‑term flows but is neutral until results arrive. Dear Palantir Stock Fans, Mark Your Calendars for February 2
• Neutral Sentiment: Talent flow: a former Palantir engineer launched a well‑funded cyber AI startup — notable for the ecosystem but not an immediate earnings impact. Ex-Palantir engineer raises $40 million for cyber startup Outtake, with backing from Microsoft CEO Nadella
• Negative Sentiment: Bear case re‑surfacing — an RBC analyst warned PLTR could fall substantially (to ~$50) citing valuation and insider selling, triggering defensive selling by some investors. This Analyst Warns Palantir Stock Could Plunge to $50. Should You Sell Shares Now?
• Negative Sentiment: Mixed analyst targets and caution about an elevated valuation are increasing downside risk for short‑term holders; price targets remain dispersed. What Are Wall Street Analysts’ Target Price for Palantir Technologies Stock?
• Negative Sentiment: Several commentary pieces warn about a bubble/risk of sharp pullbacks after a big run — sentiment swings could amplify intraday declines on any minor disappointment. Palantir: Trading PLTR Shares – Growth Vs. A Bubble Burst (Earnings Preview)

Palantir Technologies Stock Performance

PLTR stock opened at $157.35 on Thursday. The firm has a market cap of $375.03 billion, a P/E ratio of 374.65, a price-to-earnings-growth ratio of 4.17 and a beta of 1.54. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52. The stock has a 50-day simple moving average of $176.37 and a 200-day simple moving average of $173.58.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the prior year, the business earned $0.10 EPS. Palantir Technologies’s quarterly revenue was up 62.8% compared to the same quarter last year. On average, equities research analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Analyst Upgrades and Downgrades

PLTR has been the topic of several research analyst reports. Cantor Fitzgerald raised their target price on shares of Palantir Technologies from $155.00 to $198.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Mizuho increased their price target on shares of Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Northland Securities boosted their price objective on shares of Palantir Technologies from $14.00 to $18.50 in a research note on Tuesday, November 4th. Daiwa Capital Markets upped their price objective on Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Palantir Technologies has an average rating of “Hold” and an average price target of $184.07.

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.