Rakuten Securities Inc. Reduces Holdings in Palantir Technologies Inc. $PLTR

Rakuten Securities Inc. cut its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 35.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 99,985 shares of the company’s stock after selling 55,283 shares during the quarter. Palantir Technologies makes up 6.7% of Rakuten Securities Inc.’s investment portfolio, making the stock its 4th largest holding. Rakuten Securities Inc.’s holdings in Palantir Technologies were worth $18,239,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Financial Consulate Inc. purchased a new position in Palantir Technologies in the third quarter valued at about $30,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Palantir Technologies during the 3rd quarter worth approximately $31,000. Signature Resources Capital Management LLC bought a new stake in shares of Palantir Technologies in the 2nd quarter worth approximately $25,000. Marquette Asset Management LLC purchased a new position in Palantir Technologies in the third quarter valued at approximately $34,000. Finally, Briaud Financial Planning Inc purchased a new position in Palantir Technologies in the second quarter valued at approximately $27,000. Institutional investors own 45.65% of the company’s stock.

Analysts Set New Price Targets

PLTR has been the topic of several research reports. CICC Research boosted their target price on Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th. Royal Bank Of Canada lifted their price objective on Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a report on Tuesday, November 4th. Robert W. Baird upped their price objective on shares of Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. HSBC increased their target price on shares of Palantir Technologies from $181.00 to $197.00 and gave the stock a “hold” rating in a research report on Wednesday, November 5th. Finally, Wall Street Zen cut shares of Palantir Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $175.88.

Palantir Technologies Stock Down 0.3%

PLTR stock opened at $178.40 on Thursday. The stock has a 50-day simple moving average of $178.23 and a two-hundred day simple moving average of $171.45. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52. The firm has a market capitalization of $425.20 billion, a PE ratio of 424.77, a PEG ratio of 4.50 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. Palantir Technologies’s revenue was up 62.8% compared to the same quarter last year. During the same period last year, the business earned $0.10 earnings per share. On average, equities research analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Insider Activity at Palantir Technologies

In related news, Director Lauren Elaina Friedman Stat sold 3,400 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 value of $616,590.00. Following the sale, the director directly owned 58,687 shares of the company’s stock, valued at $10,642,887.45. This trade represents a 5.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Jeffrey Buckley sold 1,252 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $157.50, for a total transaction of $197,190.00. Following the completion of the transaction, the insider directly owned 47,044 shares in the company, valued at $7,409,430. The trade was a 2.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,023,444 shares of company stock valued at $167,394,629 in the last ninety days. 9.23% of the stock is currently owned by corporate insiders.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Citi and other analysts have raised price targets and upgraded PLTR, highlighting strong AI-driven demand across public and private customers; those upgrades have supported buyer interest and higher targets. Palantir Technologies (NASDAQ:PLTR) Raised to Buy at Citigroup
• Positive Sentiment: High-profile bullish commentary — including Jim Cramer expressing confidence in Palantir’s management — reinforces investor conviction and can sustain momentum among retail and institutional holders. Jim Cramer Says He Believes in Palantir (PLTR)’s Management
• Neutral Sentiment: Longer-term bullish fundamentals remain: expanding commercial revenue, S&P/Nasdaq index inclusion and strong recent earnings growth underpin a higher consensus price target — but expectations are lofty. How Concerned Should Investors Be About Palantir Stock?
• Neutral Sentiment: Analyst and media comparisons (e.g., Micron vs. Palantir) highlight different AI exposure, valuation and risk profiles — useful for relative allocation decisions but not an immediate price driver. Micron vs Palantir: Which AI Stock Is the Better Buy for 2026?
• Negative Sentiment: Legal dispute with AI startup Percepta is generating negative headlines and pushback from the defendant, which raises regulatory/PR risk and could distract management or increase legal costs. Investors are watching for escalation and rulings. Palantir is trying to ‘destroy’ Percepta through legal action, startup’s execs say in filing
• Negative Sentiment: Percepta and other coverage accuse Palantir of aggressive legal tactics; that narrative can amplify short-term selling pressure, especially amid rotation away from richly valued AI names. AI Startup Percepta Slams Palantir’s ‘Baseless’ Lawsuit

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.