Palantir Technologies Inc. $PLTR Position Increased by Washington Trust Bank

Washington Trust Bank boosted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 8.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 99,420 shares of the company’s stock after buying an additional 8,094 shares during the quarter. Palantir Technologies accounts for about 1.3% of Washington Trust Bank’s investment portfolio, making the stock its 21st largest position. Washington Trust Bank’s holdings in Palantir Technologies were worth $18,136,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of PLTR. Lionshead Wealth Management LLC grew its holdings in shares of Palantir Technologies by 0.4% in the 3rd quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock worth $2,395,000 after acquiring an additional 56 shares during the last quarter. Ellenbecker Investment Group boosted its position in shares of Palantir Technologies by 3.6% in the 3rd quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock valued at $295,000 after purchasing an additional 57 shares during the period. Traveka Wealth LLC increased its stake in Palantir Technologies by 1.6% in the 3rd quarter. Traveka Wealth LLC now owns 3,695 shares of the company’s stock worth $674,000 after purchasing an additional 57 shares in the last quarter. Market Street Wealth Management Advisors LLC raised its holdings 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 worth $281,000 after buying an additional 59 shares during the period. Finally, Blue Bell Private Wealth Management LLC raised its holdings in Palantir Technologies by 3.4% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 1,837 shares of the company’s stock worth $335,000 after buying an additional 60 shares during the period. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies Stock Up 0.4%

Palantir Technologies stock opened at $177.49 on Friday. Palantir Technologies Inc. has a 12 month low of $63.40 and a 12 month high of $207.52. The stock has a market cap of $423.04 billion, a P/E ratio of 422.61, a P/E/G ratio of 4.47 and a beta of 1.54. The company’s fifty day simple moving average is $179.21 and its 200-day simple moving average is $170.62.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) 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 analysts’ expectations of $1.09 billion. During the same quarter last year, the firm earned $0.10 earnings per share. The business’s revenue for the quarter was up 62.8% on a year-over-year basis. On average, equities research analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have commented on PLTR. CICC Research raised their target price 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. Northland Securities raised their price objective on shares of Palantir Technologies from $14.00 to $18.50 in a research note on Tuesday, November 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Palantir Technologies in a research note on Monday, December 29th. Robert W. Baird raised their target price on Palantir Technologies from $170.00 to $200.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Finally, 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 report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, six 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.com, the stock currently has an average rating of “Hold” and a consensus target price of $174.69.

Palantir Technologies News Summary

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

• Positive Sentiment: Bullish analyst views and price targets — Truist and other firms have renewed buy ratings and multi‑hundred dollar targets, and one analyst says PLTR could gain another ~20% in 2026, supporting upside potential. 1 Analyst Is Betting That Palantir Stock Can Gain Another 20% in 2026
• Positive Sentiment: Defense-sector tailwinds and government work chatter—reports that PLTR and other defense names are positioned to benefit from higher defense budgets and recent industry events have helped push interest in the stock. Palantir, Two Other Defense Names Head Toward Wins After Volatile Industry Week
• Positive Sentiment: Buy ratings tied to expanding AI backlog — some brokerages cite growing enterprise and government AI demand and reiterate buy ratings with high targets (e.g., BofA, others), reinforcing a bullish case ahead of 2025 results. Palantir (PLTR) Gets Buy Rating Amid Expanding AI Backlog
• Neutral Sentiment: Market speculation about PLTR’s role in a high‑profile international event (Venezuela) is driving chatter and short‑term volume, but details remain unconfirmed—this fuels momentum but increases event‑driven volatility. Palantir Involved in the Capture of Nicolás Maduro? Markets Think Peter Thiel-Linked Company ‘Heavily Involved,’ Says This Industry Commentator
• Neutral Sentiment: Analyst comparisons and AI sector context — research pieces comparing PLTR to incumbents like Oracle highlight PLTR’s AI infrastructure exposure but present tradeoffs (growth vs valuation), useful for positioning but not an immediate catalyst. Palantir or Oracle? AI Analyst Picks the Best AI Stock
• Neutral Sentiment: Consensus and valuation notes — brokerages’ consensus sits around a “hold” for some firms and median price targets are near the $200 area; high multiples keep expectations elevated. Palantir Technologies Inc. (NASDAQ:PLTR) Receives Consensus Recommendation of “Hold” from Brokerages
• Negative Sentiment: High‑profile selling — Cathie Wood/ARK sold roughly $10M+ of PLTR recently, a visible institutional exit that can weigh on sentiment and liquidity expectations. PLTR: Cathie Wood Dumps $10 Million in Palantir Stock
• Negative Sentiment: Multiple insider and large investor sales — filings show director and other insider sales totaling millions, and coverage noting significant insider selling history, which raises governance/valuation red flags for some investors. Insider Selling: Palantir Technologies (NASDAQ:PLTR) Director Sells $616,590.00 in Stock Palantir Technologies (NASDAQ:PLTR) Insider Sells $2,176,200.00 in Stock
• Negative Sentiment: Veteran analyst warning — at least one experienced analyst has flagged legal/ reputational risk after coverage of the Venezuela episode, which could increase regulatory and contract‑risk premium. Veteran analyst sounds alarm on Palantir stock after Venezuela raid
• Negative Sentiment: Hedge fund/elite investor moves — reports that Israel Englander trimmed PLTR while rotating into other high‑momentum names adds to narrative of profit‑taking among seasoned allocators. Billionaire Israel Englander Sells Palantir Stock and Buys an AI Stock Up 27,300% Since Its IPO

Insider Buying and Selling at Palantir Technologies

In related news, insider Shyam Sankar sold 19,004 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the insider owned 642,786 shares of the company’s stock, valued at approximately $100,435,312.50. The trade was a 2.87% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Ryan D. Taylor sold 12,000 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the transaction, the insider directly owned 239,409 shares in the company, valued at approximately $43,416,822.15. The trade was a 4.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,023,444 shares of company stock worth $167,394,629 over the last quarter. Insiders own 9.23% of the company’s stock.

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.