HB Wealth Management LLC Has $13.99 Million Position in Palantir Technologies Inc. $PLTR

HB Wealth Management LLC lifted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 23.6% during the third quarter, HoldingsChannel reports. The firm owned 76,695 shares of the company’s stock after purchasing an additional 14,654 shares during the period. HB Wealth Management LLC’s holdings in Palantir Technologies were worth $13,991,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Financial Consulate Inc. acquired a new position in shares of Palantir Technologies during the third quarter worth approximately $30,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Palantir Technologies in the third quarter worth $31,000. Signature Resources Capital Management LLC bought a new position in Palantir Technologies during the second quarter worth $25,000. Briaud Financial Planning Inc bought a new position in Palantir Technologies during the second quarter worth $27,000. Finally, LFA Lugano Financial Advisors SA acquired a new position in Palantir Technologies during the 2nd quarter valued at $27,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies Stock Up 1.1%

NASDAQ PLTR opened at $181.68 on Thursday. Palantir Technologies Inc. has a twelve month low of $63.40 and a twelve month high of $207.52. The stock has a market cap of $433.02 billion, a P/E ratio of 432.58, a PEG ratio of 4.52 and a beta of 1.54. The company’s 50-day simple moving average is $180.03 and its 200 day simple moving average is $170.12.

Palantir Technologies (NASDAQ:PLTR) last released 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 company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the previous year, the business earned $0.10 earnings per share. The company’s quarterly revenue was up 62.8% on a year-over-year basis. Research analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on PLTR shares. Jefferies Financial Group restated an “underperform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Palantir Technologies from $160.00 to $200.00 and gave the company a “hold” rating in a research note on Tuesday, November 4th. Cantor Fitzgerald boosted their price target on Palantir Technologies from $155.00 to $198.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. CICC Research upped their price target on Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a report on Wednesday, November 12th. Finally, Citigroup raised their price objective on Palantir Technologies from $190.00 to $210.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $174.69.

Insiders Place Their Bets

In other Palantir Technologies news, insider David A. Glazer sold 9,000 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $185.91, for a total value of $1,673,190.00. Following the sale, the insider directly owned 413,639 shares in the company, valued at $76,899,626.49. This represents a 2.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Shyam Sankar sold 19,004 shares of the stock in a transaction on Friday, November 21st. The stock was sold at an average price of $156.25, for a total value of $2,969,375.00. Following the transaction, the insider owned 642,786 shares of the company’s stock, valued at $100,435,312.50. This represents a 2.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,023,444 shares of company stock worth $167,394,629 over the last quarter. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies News Summary

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

• Positive Sentiment: Truist/other analysts initiated or upgraded coverage (strong‑buy / buy calls), providing fresh institutional validation and a higher price target that supports momentum and inflows. Read More.
• Positive Sentiment: BofA and other sell‑side bulls have reiterated Buy views and sizable price targets, citing an expanding AI backlog and management engagement (CFO meetings in Asia) — a direct growth catalyst for enterprise/commercial AI revenue. Read More.
• Positive Sentiment: Speculation that Palantir tech played a role in recent U.S. activity related to Venezuela has driven retail and institutional attention, lifting demand for shares as investors price in potential government contracts and relevance to national‑security use cases. Read More.
• Neutral Sentiment: Options volume and search interest have spiked, indicating greater short‑term trading and positioning; this can amplify moves in either direction and increases intraday volatility. Read More.
• Negative Sentiment: A veteran analyst publicly warned about the stock after the Venezuela raid linkage, raising regulatory/ethical and reputational uncertainties that could pressure shares if investigations or political scrutiny follow. Read More.
• Negative Sentiment: Insider selling (recent Form 4 disclosures) and profit‑taking after an outsized 2025 run add to near‑term downside risk and remind investors of possible sentiment reversals. Read More.
• Negative Sentiment: Valuation remains elevated (high P/E and stretched multiples); several commentators caution the rally has baked in strong growth — making PLTR vulnerable to any earnings/guidance miss or a rotation away from high‑growth AI names. Read More.

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.