Robbins Farley boosted its position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 95,120.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 4,761 shares of the company’s stock after purchasing an additional 4,756 shares during the period. Robbins Farley’s holdings in Palantir Technologies were worth $869,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of 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 acquiring an additional 7,194,216 shares during the period. State Street Corp grew its holdings in Palantir Technologies by 6.9% in the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock valued at $12,879,667,000 after purchasing an additional 6,097,629 shares during the period. Norges Bank acquired a new position in Palantir Technologies during the second quarter worth approximately $3,307,457,000. Invesco Ltd. raised its stake in Palantir Technologies by 16.0% during the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock worth $2,806,182,000 after purchasing an additional 2,838,300 shares during the period. Finally, Kingstone Capital Partners Texas LLC purchased a new position in Palantir Technologies during the second quarter worth approximately $2,543,888,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.
Analysts Set New Price Targets
Several brokerages recently weighed in on PLTR. Deutsche Bank Aktiengesellschaft increased their target price on Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, November 4th. Wall Street Zen downgraded Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Robert W. Baird boosted their target price on Palantir Technologies from $170.00 to $200.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. CICC Research increased their target price on shares of Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 12th. Finally, Piper Sandler raised their price target on shares of Palantir Technologies from $201.00 to $225.00 and gave the company an “overweight” rating in a report on Tuesday, November 4th. Five analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $172.28.
Palantir Technologies News Summary
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
Insider Activity at Palantir Technologies
In other news, insider Stephen Andrew Cohen sold 308,635 shares of Palantir Technologies stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $50,613,053.65. Following the completion of the transaction, the insider owned 592 shares in the company, valued at approximately $97,082.08. This trade represents a 99.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shyam Sankar sold 149,872 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 $24,577,509.28. Following the transaction, the insider owned 642,786 shares in the company, valued at $105,410,476.14. This trade represents a 18.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,008,844 shares of company stock worth $164,750,951 over the last quarter. 9.23% of the stock is owned by corporate insiders.
Palantir Technologies Stock Performance
NASDAQ:PLTR opened at $193.95 on Thursday. The stock has a market cap of $462.27 billion, a price-to-earnings ratio of 461.80, a price-to-earnings-growth ratio of 7.53 and a beta of 1.49. Palantir Technologies Inc. has a one year low of $63.40 and a one year high of $207.52. The business’s 50-day simple moving average is $180.65 and its 200 day simple moving average is $167.07.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its quarterly earnings data on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates 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 last year, the firm earned $0.10 EPS. Palantir Technologies’s quarterly revenue was up 62.8% on a year-over-year basis. On average, equities research analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current year.
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.
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