Foundations Investment Advisors LLC Reduces Position in Palantir Technologies Inc. $PLTR

Foundations Investment Advisors LLC lowered its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 26.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 66,786 shares of the company’s stock after selling 23,596 shares during the period. Foundations Investment Advisors LLC’s holdings in Palantir Technologies were worth $12,183,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of PLTR. Vanguard Group Inc. grew its position in shares of Palantir Technologies by 3.6% during the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after buying an additional 7,194,216 shares in the last quarter. State Street Corp grew its holdings in Palantir Technologies by 6.9% during the 2nd quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after acquiring an additional 6,097,629 shares in the last quarter. Norges Bank bought a new stake in shares of Palantir Technologies in the 2nd quarter worth about $3,307,457,000. Invesco Ltd. raised its stake in shares of Palantir Technologies by 16.0% in 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Palantir Technologies by 3.1% during the second 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 last quarter. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Palantir Technologies

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 Trading Down 5.0%

Shares of NASDAQ PLTR opened at $157.35 on Thursday. Palantir Technologies Inc. has a 12-month low of $66.12 and a 12-month high of $207.52. The company has a market cap of $375.03 billion, a price-to-earnings ratio of 374.65, a price-to-earnings-growth ratio of 4.17 and a beta of 1.54. The stock’s 50 day simple moving average is $176.37 and its 200 day simple moving average is $173.58.

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. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.09 billion. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The firm’s revenue was up 62.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.10 EPS. As a group, equities analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Citigroup raised Palantir Technologies from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $210.00 to $235.00 in a report on Monday, January 12th. Daiwa Capital Markets boosted their price target on Palantir Technologies from $178.00 to $200.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. UBS Group upped their price target on Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Mizuho raised their price objective on Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Finally, Phillip Securities initiated coverage on shares of Palantir Technologies in a report on Thursday, January 22nd. They issued a “buy” rating and a $208.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Palantir Technologies presently has a consensus rating of “Hold” and an average target price of $184.07.

Insider Buying and Selling at Palantir Technologies

In related news, insider Shyam Sankar sold 149,872 shares of the stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $24,577,509.28. Following the sale, the insider owned 642,786 shares of the company’s stock, valued at $105,410,476.14. This trade represents a 18.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Stephen Andrew Cohen sold 308,635 shares of the business’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $50,613,053.65. Following the transaction, the insider directly owned 592 shares of the company’s stock, valued at $97,082.08. The trade was a 99.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have 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 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.