Whittier Trust Co. of Nevada Inc. Grows Holdings in Palantir Technologies Inc. $PLTR

Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 736.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,147 shares of the company’s stock after purchasing an additional 34,465 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Palantir Technologies were worth $6,775,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of PLTR. Decker Retirement Planning Inc. raised its stake in shares of Palantir Technologies by 778.7% during the third quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock worth $11,187,000 after purchasing an additional 54,347 shares during the last quarter. Vanguard Group Inc. raised its position in 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 buying an additional 7,194,216 shares during the last quarter. Truist Financial Corp lifted its stake in shares of Palantir Technologies by 4.2% in the 2nd quarter. Truist Financial Corp now owns 537,000 shares of the company’s stock worth $73,204,000 after acquiring an additional 21,809 shares during the period. Prentice Wealth Management LLC acquired a new stake in shares of Palantir Technologies in the 3rd quarter worth $550,000. Finally, Watershed Private Wealth LLC boosted its holdings in shares of Palantir Technologies by 75.3% in the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock valued at $1,423,000 after acquiring an additional 3,350 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on PLTR. Mizuho raised their price objective on shares of Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. DA Davidson increased their target price on Palantir Technologies from $170.00 to $215.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Royal Bank Of Canada lifted their price target on Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research note on Tuesday, November 4th. Northland Securities increased their price objective on Palantir Technologies from $14.00 to $18.50 in a research report on Tuesday, November 4th. Finally, UBS Group boosted their target price on shares of Palantir Technologies from $165.00 to $205.00 and gave the stock 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 issued a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $184.07.

Insider Activity

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 308,635 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction of $50,613,053.65. Following the sale, the insider owned 592 shares in the company, valued at approximately $97,082.08. This represents a 99.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Alexander C. Karp sold 359,325 shares of the firm’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $58,925,706.75. Following the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at $1,054,825,989.42. The trade was a 5.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,023,444 shares of company stock worth $167,394,629. 12.93% of the stock is owned by corporate insiders.

Palantir Technologies Stock Up 2.2%

NASDAQ:PLTR opened at $169.60 on Monday. Palantir Technologies Inc. has a 52-week low of $66.12 and a 52-week high of $207.52. The stock has a fifty day simple moving average of $176.64 and a 200-day simple moving average of $173.35. The company has a market capitalization of $404.23 billion, a PE ratio of 403.82, a price-to-earnings-growth ratio of 4.27 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate 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 net margin of 28.11% and a return on equity of 15.48%. The firm’s revenue for the quarter was up 62.8% on a year-over-year basis. During the same period last year, the firm posted $0.10 EPS. As a group, equities analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

More Palantir Technologies News

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

• Positive Sentiment: High-profile endorsement: Jim Cramer publicly defended Palantir and told investors he wouldn’t exit the stock, providing a near-term confidence boost to traders. Jim Cramer Says “Palantir’s Great, I Would Not Leave Palantir”
• Positive Sentiment: Expanded role in sovereign and industrial AI infrastructure highlights revenue runway and strategic positioning with large customers, which investors view as durable demand for Palantir’s software. What Palantir Technologies (PLTR)’s Expanded Role in Sovereign and Industrial AI Infrastructure Means For Shareholders
• Positive Sentiment: Partner wins and ecosystem upside: coverage spots a Palantir partner that’s jumped after deals with Palantir and GE Aerospace — positive signal for indirect revenue and platform leverage. Meet the Under-the-Radar AI Stock and Palantir Partner That’s Up 219%
• Positive Sentiment: Analyst buy calls persist despite volatility — several publications note fresh bullish calls that support investor demand ahead of earnings. Palantir Technologies Draws Bold Buy Calls Despite Volatility
• Neutral Sentiment: Analyst caution/uncertainty: Gregg Moskowitz describes Palantir as a tough call — signaling mixed analyst views that can keep swings elevated around earnings. ‘It’s Not an Easy Call,’ Says Gregg Moskowitz About Palantir Stock
• Neutral Sentiment: Earnings on the horizon: market attention is focused on an upcoming earnings announcement, which often increases short-term volatility as investors weigh guidance vs. current lofty multiples. Palantir Technologies (PLTR) Expected to Announce Earnings on Monday
• Neutral Sentiment: Comparative analyst pieces (PLTR vs SMCI) keep investors debating better AI exposures, which can redistribute flows among AI names ahead of results. PLTR vs SMCI: Which AI Stock Is the Better Buy Ahead of Earnings? Top Analysts Weigh In
• Negative Sentiment: Bearish comparisons: several articles argue other AI stocks could outperform Palantir in 2026, pressuring sentiment by suggesting capital may rotate out of PLTR. 3 AI Stocks That Will Trounce Palantir in 2026, According to Wall Street
• Negative Sentiment: Valuation concerns and “bet against” narratives: coverage highlights Palantir’s premium price tag and asks whether it can sustain the rally, adding downside risk if growth or guidance misses. Should You Bet Against This AI Stock in 2026?

About Palantir Technologies

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.