Forum Financial Management LP Trims Stock Holdings in Palantir Technologies Inc. $PLTR

Forum Financial Management LP lowered its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 70.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 148,353 shares of the company’s stock after selling 361,446 shares during the period. Palantir Technologies accounts for approximately 0.4% of Forum Financial Management LP’s portfolio, making the stock its 25th biggest holding. Forum Financial Management LP’s holdings in Palantir Technologies were worth $27,063,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Palantir Technologies by 3.6% during the 2nd 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 during the last quarter. State Street Corp raised its position in shares of Palantir Technologies by 6.9% in 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 position in shares of Palantir Technologies during the 2nd quarter worth $3,307,457,000. Invesco Ltd. lifted its position in Palantir Technologies by 16.0% during the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock worth $2,806,182,000 after buying an additional 2,838,300 shares during the period. Finally, Kingstone Capital Partners Texas LLC acquired a new stake in Palantir Technologies in the 2nd quarter worth about $2,543,888,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Activity

In other news, insider David A. Glazer sold 15,557 shares of Palantir Technologies stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $2,551,192.43. Following the sale, the insider owned 415,612 shares in the company, valued at $68,156,211.88. This trade represents a 3.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Shyam Sankar sold 149,872 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 $24,577,509.28. Following the transaction, the insider directly owned 642,786 shares in the company, valued at approximately $105,410,476.14. The trade was a 18.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,023,444 shares of company stock worth $167,394,629 in the last ninety days. 9.23% of the stock is currently owned by company insiders.

Palantir Technologies Trading Up 0.4%

Shares of NASDAQ PLTR opened at $177.49 on Friday. Palantir Technologies Inc. has a 12-month low of $63.40 and a 12-month high of $207.52. The company has a market cap of $423.04 billion, a P/E ratio of 422.61, a P/E/G ratio of 4.47 and a beta of 1.54. The stock has a fifty day moving average price of $179.21 and a 200 day moving average price of $170.62.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data 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 return on equity of 15.48% and a net margin of 28.11%.The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the firm posted $0.10 earnings per share. The firm’s quarterly revenue was up 62.8% on a year-over-year basis. On average, sell-side analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

PLTR has been the subject of a number of research analyst reports. UBS Group upped their price objective on shares of Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Robert W. Baird upped their price objective on Palantir Technologies from $170.00 to $200.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. HSBC increased their target price on Palantir Technologies from $181.00 to $197.00 and gave the stock a “hold” rating in a research report on Wednesday, November 5th. Raymond James Financial reissued a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Finally, Wall Street Zen downgraded Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $174.69.

Key Palantir Technologies News

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

• Positive Sentiment: Bullish analyst views and price targets — Truist and other firms have renewed buy ratings and multi‑hundred dollar targets, and one analyst says PLTR could gain another ~20% in 2026, supporting upside potential. 1 Analyst Is Betting That Palantir Stock Can Gain Another 20% in 2026
• Positive Sentiment: Defense-sector tailwinds and government work chatter—reports that PLTR and other defense names are positioned to benefit from higher defense budgets and recent industry events have helped push interest in the stock. Palantir, Two Other Defense Names Head Toward Wins After Volatile Industry Week
• Positive Sentiment: Buy ratings tied to expanding AI backlog — some brokerages cite growing enterprise and government AI demand and reiterate buy ratings with high targets (e.g., BofA, others), reinforcing a bullish case ahead of 2025 results. Palantir (PLTR) Gets Buy Rating Amid Expanding AI Backlog
• Neutral Sentiment: Market speculation about PLTR’s role in a high‑profile international event (Venezuela) is driving chatter and short‑term volume, but details remain unconfirmed—this fuels momentum but increases event‑driven volatility. Palantir Involved in the Capture of Nicolás Maduro? Markets Think Peter Thiel-Linked Company ‘Heavily Involved,’ Says This Industry Commentator
• Neutral Sentiment: Analyst comparisons and AI sector context — research pieces comparing PLTR to incumbents like Oracle highlight PLTR’s AI infrastructure exposure but present tradeoffs (growth vs valuation), useful for positioning but not an immediate catalyst. Palantir or Oracle? AI Analyst Picks the Best AI Stock
• Neutral Sentiment: Consensus and valuation notes — brokerages’ consensus sits around a “hold” for some firms and median price targets are near the $200 area; high multiples keep expectations elevated. Palantir Technologies Inc. (NASDAQ:PLTR) Receives Consensus Recommendation of “Hold” from Brokerages
• Negative Sentiment: High‑profile selling — Cathie Wood/ARK sold roughly $10M+ of PLTR recently, a visible institutional exit that can weigh on sentiment and liquidity expectations. PLTR: Cathie Wood Dumps $10 Million in Palantir Stock
• Negative Sentiment: Multiple insider and large investor sales — filings show director and other insider sales totaling millions, and coverage noting significant insider selling history, which raises governance/valuation red flags for some investors. Insider Selling: Palantir Technologies (NASDAQ:PLTR) Director Sells $616,590.00 in Stock Palantir Technologies (NASDAQ:PLTR) Insider Sells $2,176,200.00 in Stock
• Negative Sentiment: Veteran analyst warning — at least one experienced analyst has flagged legal/ reputational risk after coverage of the Venezuela episode, which could increase regulatory and contract‑risk premium. Veteran analyst sounds alarm on Palantir stock after Venezuela raid
• Negative Sentiment: Hedge fund/elite investor moves — reports that Israel Englander trimmed PLTR while rotating into other high‑momentum names adds to narrative of profit‑taking among seasoned allocators. Billionaire Israel Englander Sells Palantir Stock and Buys an AI Stock Up 27,300% Since Its IPO

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.