Palantir Technologies Inc. $PLTR Shares Sold by Independent Advisor Alliance

Independent Advisor Alliance cut its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 5.0% during the third quarter, Holdings Channel reports. The firm owned 136,522 shares of the company’s stock after selling 7,202 shares during the period. Palantir Technologies makes up approximately 0.6% of Independent Advisor Alliance’s portfolio, making the stock its 23rd largest position. Independent Advisor Alliance’s holdings in Palantir Technologies were worth $24,904,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Occidental Asset Management LLC raised its position in Palantir Technologies by 2.8% during the 3rd quarter. Occidental Asset Management LLC now owns 1,964 shares of the company’s stock worth $358,000 after buying an additional 53 shares during the last quarter. Lionshead Wealth Management LLC increased its stake in shares of Palantir Technologies by 0.4% in the third quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock worth $2,395,000 after acquiring an additional 56 shares during the period. Ellenbecker Investment Group increased its stake in shares of Palantir Technologies by 3.6% in the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock worth $295,000 after acquiring an additional 57 shares during the period. Traveka Wealth LLC raised its holdings in shares of Palantir Technologies by 1.6% during the third quarter. Traveka Wealth LLC now owns 3,695 shares of the company’s stock worth $674,000 after purchasing an additional 57 shares during the last quarter. Finally, AlphaQuest LLC lifted its position in Palantir Technologies by 15.8% during the third quarter. AlphaQuest LLC now owns 425 shares of the company’s stock valued at $78,000 after purchasing an additional 58 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%

Shares of PLTR stock opened at $146.59 on Friday. The company has a market capitalization of $349.39 billion, a P/E ratio of 349.03, a P/E/G ratio of 3.82 and a beta of 1.54. The business’s 50 day moving average is $176.13 and its two-hundred day moving average is $173.58. Palantir Technologies Inc. has a 12-month low of $66.12 and a 12-month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.09 billion. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.Palantir Technologies’s quarterly revenue was up 62.8% compared to the same quarter last year. During the same period last year, the company earned $0.10 earnings per share. On average, research analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Palantir Technologies News Summary

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

Wall Street Analyst Weigh In

PLTR has been the topic of several analyst reports. Loop Capital cut their price target on Palantir Technologies from $230.00 to $220.00 and set a “buy” rating on the stock in a research report on Friday. Deutsche Bank Aktiengesellschaft upped their target price on Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a research note on Tuesday, November 4th. Zacks Research upgraded Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. Robert W. Baird boosted their price target on Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Finally, Cantor Fitzgerald raised their price objective on shares of Palantir Technologies from $155.00 to $198.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Palantir Technologies has an average rating of “Hold” and a consensus target price of $185.89.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Ryan D. Taylor sold 36,048 shares of the stock in a transaction on Monday, November 24th. The shares were sold at an average price of $162.36, for a total transaction of $5,852,753.28. Following the transaction, the insider directly owned 251,409 shares of the company’s stock, valued at $40,818,765.24. This trade represents a 12.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Stephen Andrew Cohen sold 308,635 shares of Palantir Technologies 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 completion of the sale, the insider owned 592 shares in the company, valued at approximately $97,082.08. This trade represents a 99.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,023,444 shares of company stock valued at $167,394,629 in the last three months. Company insiders own 9.23% of the company’s stock.

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.