Retirement Planning Group LLC lowered its position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 26.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,377 shares of the company’s stock after selling 6,258 shares during the quarter. Retirement Planning Group LLC’s holdings in Palantir Technologies were worth $3,170,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of PLTR. Revolve Wealth Partners LLC acquired a new position in Palantir Technologies in the fourth quarter valued at approximately $450,000. Bison Wealth LLC increased its stake in Palantir Technologies by 37.4% during the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after acquiring an additional 4,667 shares during the last quarter. Capstone Wealth Management Group LLC raised its position in Palantir Technologies by 38.0% in the first quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock valued at $1,447,000 after purchasing an additional 4,722 shares during the period. Wesbanco Bank Inc. lifted its stake in shares of Palantir Technologies by 1.1% in the 2nd quarter. Wesbanco Bank Inc. now owns 10,066 shares of the company’s stock valued at $1,372,000 after purchasing an additional 110 shares during the last quarter. Finally, Gallacher Capital Management LLC acquired a new position in shares of Palantir Technologies in the 2nd quarter valued at $327,000. 45.65% of the stock is owned by hedge funds and other institutional investors.
Palantir Technologies Trading Down 0.3%
Palantir Technologies stock opened at $178.96 on Wednesday. The firm has a market capitalization of $426.54 billion, a P/E ratio of 426.11, a P/E/G ratio of 4.51 and a beta of 1.54. Palantir Technologies Inc. has a twelve month low of $65.19 and a twelve month high of $207.52. The stock’s fifty day simple moving average is $178.42 and its 200-day simple moving average is $171.40.
Insider Activity
In related news, insider Jeffrey Buckley sold 1,252 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $157.50, for a total value of $197,190.00. Following the sale, the insider owned 47,044 shares of the company’s stock, valued at $7,409,430. This trade represents a 2.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider David A. Glazer sold 9,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $185.91, for a total transaction of $1,673,190.00. Following the transaction, the insider owned 413,639 shares of the company’s stock, valued at $76,899,626.49. This trade represents a 2.13% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 1,023,444 shares of company stock valued at $167,394,629. 12.93% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Several analysts recently issued reports on PLTR shares. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Palantir Technologies from $160.00 to $200.00 and gave the company a “hold” rating in a report on Tuesday, November 4th. Daiwa Capital Markets boosted their price target on shares of Palantir Technologies from $178.00 to $200.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. CICC Research upped their price objective on shares of Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Bank of America increased their price objective on shares of Palantir Technologies from $215.00 to $255.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Finally, Truist Financial assumed coverage on Palantir Technologies in a research report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $175.88.
Read Our Latest Analysis on PLTR
Key Palantir Technologies News
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Citi Research upgraded PLTR to Buy and raised its price target to $235, citing an expected AI-driven “supercycle,” widening commercial demand and forecasts for very strong 2026 revenue growth — a catalyst for higher analyst targets and fund flows. Citi Upgrades Palantir Stock (PLTR) to Buy, Sees Explosive 80% Revenue Growth
- Positive Sentiment: Multiple Wall Street analysts have raised earnings estimates and price targets after recent wins and strong AIP/commercial demand, supporting upside and likely driving short‑term buying from momentum and model-driven funds. Palantir Stock Investors Just Got Great News From Wall Street
- Positive Sentiment: Fool reports Palantir’s government-contract momentum is accelerating after a recent deal, boosting revenue visibility in defense/public-sector accounts — a core strength that underpins much of the bullish thesis. Palantir Investors Need to Know This After the Latest Government Deal
- Positive Sentiment: Palantir set its Q4/FY2025 earnings date for Feb. 2 — a near-term catalyst where upside revenue/margin commentary or raised guidance could validate recent analyst upgrades. Palantir Announces Date of Fourth-Quarter 2025 Earnings Release and Webcast
- Neutral Sentiment: High-profile supporters (e.g., Jim Cramer coverage) and rising institutional ownership provide a sentiment floor, but they don’t change fundamentals — they may amplify moves but are not standalone drivers. Jim Cramer Says He Believes in Palantir (PLTR)’s Management
- Neutral Sentiment: MarketBeat and other coverage highlight stretched valuation: PLTR is priced for aggressive growth, so quarters that merely meet expectations may disappoint the market even if business remains strong. How Concerned Should Investors Be About Palantir Stock?
- Negative Sentiment: Legal risk: Percepta AI — a startup founded by ex‑Palantir employees — says Palantir’s lawsuit is an attempt to “destroy” competition and to scare hires; adverse developments or a messy legal fight could hurt hiring, reputational risk and create litigation costs. Palantir is trying to ‘destroy’ Percepta through legal action, startup’s execs say in filing
- Negative Sentiment: Valuation skeptics and some sell-side commentators warn PLTR may be overvalued vs. risk (competition from MSFT/AMZN/GOOGL, government concentration, and slower EPS acceleration), which could pressure the stock if growth or margins miss. 3 Technology Stocks to Sell in 2026
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.
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