Atlas Private Wealth Advisors Sells 28,031 Shares of Palantir Technologies Inc. $PLTR

Atlas Private Wealth Advisors reduced its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 50.5% during the third quarter, HoldingsChannel reports. The fund owned 27,473 shares of the company’s stock after selling 28,031 shares during the quarter. Palantir Technologies comprises 1.2% of Atlas Private Wealth Advisors’ holdings, making the stock its 23rd biggest position. Atlas Private Wealth Advisors’ holdings in Palantir Technologies were worth $5,012,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in Palantir Technologies by 3.6% in the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after purchasing an additional 7,194,216 shares in the last quarter. State Street Corp increased its holdings in Palantir Technologies by 6.9% during the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock valued at $12,879,667,000 after buying an additional 6,097,629 shares during the last quarter. Norges Bank purchased a new stake in Palantir Technologies in the second quarter worth about $3,307,457,000. Invesco Ltd. raised its position in shares of Palantir Technologies by 16.0% during the 2nd quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock valued at $2,806,182,000 after purchasing an additional 2,838,300 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in Palantir Technologies by 3.1% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,042,239 shares of the company’s stock worth $1,914,238,000 after purchasing an additional 427,840 shares during the period. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Palantir Technologies Trading Down 3.5%

PLTR stock opened at $146.59 on Friday. The company has a market capitalization of $349.39 billion, a PE ratio of 349.03, a P/E/G ratio of 3.82 and a beta of 1.54. Palantir Technologies Inc. has a 12-month low of $66.12 and a 12-month high of $207.52. The business’s fifty day moving average price is $176.13 and its 200 day moving average price is $173.41.

Palantir Technologies (NASDAQ:PLTR) last issued its earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the previous year, the firm posted $0.10 earnings per share. The company’s revenue was up 62.8% compared to the same quarter last year. Research analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In related news, insider Shyam Sankar sold 19,004 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $156.25, for a total value of $2,969,375.00. Following the sale, the insider owned 642,786 shares in the company, valued at $100,435,312.50. This represents a 2.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Lauren Elaina Friedman Stat sold 3,400 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $181.35, for a total transaction of $616,590.00. Following the completion of the sale, the director directly owned 58,687 shares in the company, valued at $10,642,887.45. This trade represents a 5.48% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,023,444 shares of company stock valued at $167,394,629. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies News Roundup

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

• Positive Sentiment: Commercial traction and partnerships remain a tailwind — Palantir continues to win commercial deals and expands AIP deployments; a visible example is the Innodata data/annotation deal that supports Palantir’s AI platform and signals ongoing enterprise adoption. Innodata Selected by Palantir
• Positive Sentiment: Earnings expectations are high but supportive of the story — analysts and previews expect strong Q4 revenue growth (consensus and previews cite roughly ~60%+ YoY revenue growth and rising EPS), which could validate the AI-driven growth thesis if results beat. Zacks Q4 Preview
• Neutral Sentiment: Options and implied volatility point to a big move — the options market is pricing for a double‑digit swing around earnings, meaning elevated risk/reward for short‑term traders but not necessarily a directional signal. Investopedia on implied move
• Neutral Sentiment: Founder comments and media chatter (e.g., on Elon‑linked corporate moves) are getting airtime but are unlikely to be material to near‑term fundamentals; monitor for headlines but prioritize earnings and contract updates. Fox interview
• Negative Sentiment: Broader software/AI sector selloff is pressuring PLTR — sector weakness is amplifying outflows from richly valued AI names and contributing to today’s decline. Benzinga on software rout
• Negative Sentiment: Reputational and political risk (ICE contracts) is resurfacing — renewed headlines about government work can sap sentiment, potentially slowing federal contract momentum or triggering short‑term selling. MarketBeat reality check
• Negative Sentiment: Technical damage: PLTR broke key supports (200‑day MA and the $150 area) and formed bearish patterns; higher volume on the pullback suggests profit‑taking and raises the odds of further near‑term downside if earnings disappoint. Benzinga technicals
• Negative Sentiment: Valuation remains a double‑edged sword — PLTR trades at a very high multiple (P/E elevated vs. peers), so even a good print that falls short of lofty expectations could trigger outsized selling; some analysts even flag deep downside scenarios. Analyst warning

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Robert W. Baird upped their price objective on Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. DA Davidson increased their price objective on Palantir Technologies from $170.00 to $215.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Phillip Securities started coverage on shares of Palantir Technologies in a research report on Thursday, January 22nd. They set a “buy” rating and a $208.00 price target for the company. Cantor Fitzgerald upped their price objective on Palantir Technologies from $155.00 to $198.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Finally, The Goldman Sachs Group boosted their price objective on Palantir Technologies from $141.00 to $188.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $184.07.

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.