Independent Wealth Network Inc. Sells 8,537 Shares of Palantir Technologies Inc. $PLTR

Independent Wealth Network Inc. lessened its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 37.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,046 shares of the company’s stock after selling 8,537 shares during the period. Palantir Technologies accounts for about 0.8% of Independent Wealth Network Inc.’s portfolio, making the stock its 26th largest position. Independent Wealth Network Inc.’s holdings in Palantir Technologies were worth $2,562,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lionshead Wealth Management LLC raised its stake in shares of Palantir Technologies by 0.4% during the third quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock valued at $2,395,000 after acquiring an additional 56 shares in the last quarter. Ellenbecker Investment Group grew its stake in 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 purchasing an additional 57 shares in the last quarter. Market Street Wealth Management Advisors LLC raised its position in Palantir Technologies by 4.0% during the 3rd quarter. Market Street Wealth Management Advisors LLC now owns 1,539 shares of the company’s stock valued at $281,000 after purchasing an additional 59 shares in the last quarter. Global Wealth Strategies & Associates increased its stake in shares of Palantir Technologies by 36.1% during the third quarter. Global Wealth Strategies & Associates now owns 230 shares of the company’s stock valued at $42,000 after buying an additional 61 shares during the period. Finally, Accuvest Global Advisors increased its position in Palantir Technologies by 0.7% during the 2nd quarter. Accuvest Global Advisors now owns 9,035 shares of the company’s stock valued at $1,232,000 after purchasing an additional 63 shares during the period. Institutional investors own 45.65% of the company’s stock.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Wedbush upgraded commentary and a note that Palantir’s AI platform could be a “game‑changer” helped lift bullish sentiment around platform adoption and revenue leverage. PLTR: Palantir Surges on Wedbush Call, AI Platform Seen as Game-Changer
• Positive Sentiment: Big government and military deals (large Navy and Army programs referenced in recent coverage) continue to underwrite Palantir’s revenue growth and recurring-contract profile. PLTR Military Deals & AI Scrutiny
• Positive Sentiment: Multiple bullish price targets and analyst “buy/overweight” calls (median target around $200) keep upside narratives alive despite a stretched valuation. Could 2026 Be the Year Palantir Stock Hits a $1 Trillion Valuation?
• Neutral Sentiment: Heavy media coverage, price‑prediction pieces and social‑media buzz are amplifying volatility; some outlets project large upside while others warn of risk. Palantir Stock (PLTR): After a 150%+ Rally, Bulls and Bears Weigh the Road to 2026
• Neutral Sentiment: Reported short‑interest figures in the feed look anomalous (showing 0 shares / 0 days) and are not meaningful for positioning—treat that data as noisy.
• Negative Sentiment: Significant insider selling has been publicized (numerous executive sales over recent months), which can pressure sentiment and suggests some insiders are taking gains. Palantir Technologies Stock (PLTR) Opinions on AI Platform Growth
• Negative Sentiment: High‑profile investors trimming positions — reports say Stanley Druckenmiller sold Palantir — which can amplify profit‑taking headlines. Billionaire Stanley Druckenmiller Sold Nvidia and Palantir and Piled Into One of Wall Street’s Hottest Drug Stocks Ahead of 2026
• Negative Sentiment: Valuation and downside-risk pieces (analyst cautions, “how low could it go” writeups and Seeking Alpha critique) remind investors that the recent multi‑year rally has left the stock expensive on many metrics. Palantir (PLTR) Valuation Check After a Powerful Multi‑Year Share Price Surge

Palantir Technologies Trading Down 0.1%

NASDAQ PLTR opened at $193.95 on Thursday. The firm’s fifty day simple moving average is $180.65 and its two-hundred day simple moving average is $167.07. The firm has a market capitalization of $462.27 billion, a P/E ratio of 461.80, a P/E/G ratio of 7.53 and a beta of 1.49. Palantir Technologies Inc. has a 12-month low of $63.40 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. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the business posted $0.10 EPS. The business’s revenue for the quarter was up 62.8% compared to the same quarter last year. As a group, sell-side analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

PLTR has been the topic of a number of recent research reports. The Goldman Sachs Group increased their price objective on shares of Palantir Technologies from $141.00 to $188.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Morgan Stanley upped their target price on Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 4th. DA Davidson increased their target price on Palantir Technologies from $170.00 to $215.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Royal Bank Of Canada boosted their price target on Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a research report on Tuesday, November 4th. Finally, Bank of America upped their price objective on Palantir Technologies from $215.00 to $255.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Five research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Palantir Technologies presently has a consensus rating of “Hold” and an average price target of $172.28.

Insider Buying and Selling

In other news, insider Ryan D. Taylor sold 36,048 shares of Palantir Technologies 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 completion of the sale, the insider directly owned 251,409 shares in the company, valued at approximately $40,818,765.24. The trade was a 12.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jeffrey Buckley sold 1,252 shares of the company’s stock in a transaction 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 completion of the transaction, the insider directly owned 47,044 shares in the company, valued at approximately $7,409,430. The trade was a 2.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,008,844 shares of company stock valued at $164,750,951 in the last 90 days. 9.23% of the stock is owned by insiders.

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.