Vivid Wealth Management LLC lessened its position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 21.0% in the third quarter, HoldingsChannel reports. The firm owned 17,048 shares of the company’s stock after selling 4,542 shares during the quarter. Palantir Technologies accounts for approximately 1.2% of Vivid Wealth Management LLC’s holdings, making the stock its 17th biggest holding. Vivid Wealth Management LLC’s holdings in Palantir Technologies were worth $3,110,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC bought a new stake in shares of Palantir Technologies during the 4th quarter valued at $450,000. Bison Wealth LLC grew its holdings in Palantir Technologies by 37.4% in the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after purchasing an additional 4,667 shares during the period. Capstone Wealth Management Group LLC increased its stake in shares of Palantir Technologies by 38.0% during the first quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock valued at $1,447,000 after purchasing an additional 4,722 shares in the last quarter. Synovus Financial Corp lifted its holdings in shares of Palantir Technologies by 5.9% during the first quarter. Synovus Financial Corp now owns 22,068 shares of the company’s stock valued at $1,863,000 after purchasing an additional 1,238 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of Palantir Technologies by 194.7% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,085 shares of the company’s stock worth $514,000 after purchasing an additional 4,020 shares in the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Palantir Technologies news, insider Ryan D. Taylor sold 36,048 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $162.36, for a total value of $5,852,753.28. Following the transaction, the insider directly owned 251,409 shares of the company’s stock, valued at approximately $40,818,765.24. This trade represents a 12.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Alexander C. Karp sold 359,325 shares of the company’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $58,925,706.75. Following the sale, the insider directly owned 6,432,258 shares of the company’s stock, valued at $1,054,825,989.42. The trade was a 5.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,008,844 shares of company stock valued at $164,750,951 in the last 90 days. Insiders own 12.93% of the company’s stock.
Palantir Technologies News Roundup
- Positive Sentiment: BofA reiterated a “Buy” after management meetings in South Korea and raised its confidence in Palantir’s AI adoption and commercial pipeline; that institutional support is a clear near‑term positive for the stock. BofA Reiterates Buy
- Positive Sentiment: Accenture formed a new AI partnership with Palantir to accelerate enterprise deployments — a strategic commercial channel that can accelerate AIP adoption and recurring revenue. Accenture Partnership
- Positive Sentiment: Big government/military deals were highlighted (including recent large U.S. Army/Navy awards cited in coverage), reinforcing Palantir’s sticky ARR profile and “land‑and‑expand” potential. Contract visibility is supporting investor confidence. Military Deals & AI Scrutiny
- Positive Sentiment: Institutional accumulation and bullish analyst price targets (several firms with targets around $200+, some higher) are backing the rally — filings show major funds adding large PLTR positions, which can sustain momentum. Quiver Quant Views
- Neutral Sentiment: MarketBeat and other outlets argue Palantir is becoming core AI infrastructure (AIP adoption, commercial growth, government ARR) — bullish thesis but assumes execution continues. MarketBeat: 3 Reasons
- Neutral Sentiment: Analyst/peer comparisons (C3.ai, Oracle, etc.) highlight that Palantir is well‑positioned in enterprise AI but faces differentiated execution paths — useful context for longer‑term positioning. C3.ai vs Palantir
- Negative Sentiment: Billionaire Stanley Druckenmiller reportedly sold his Palantir stake and reallocated to other sectors — a high‑profile sale that can rattle sentiment among momentum traders. Druckenmiller Sold PLTR
- Negative Sentiment: Michael Burry and other commentators have flagged valuation risks and made bearish calls on the name — coverage suggests downside scenarios if growth cools or multiple compresses. Michael Burry Warning
- Negative Sentiment: Heavy insider selling and frequent sales by executives have been highlighted repeatedly — this raises governance/flow questions that can pressure sentiment during pullbacks. Insider Selling Data
Palantir Technologies Trading Up 0.1%
Shares of PLTR stock opened at $194.13 on Wednesday. Palantir Technologies Inc. has a 12-month low of $63.40 and a 12-month high of $207.52. The stock has a market capitalization of $462.70 billion, a P/E ratio of 462.23, a P/E/G ratio of 7.52 and a beta of 1.49. The firm’s 50 day moving average is $180.36 and its 200 day moving average is $166.88.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.04. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The company’s revenue was up 62.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.10 EPS. As a group, equities analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.
Analysts Set New Price Targets
Several equities research analysts have commented on PLTR shares. Jefferies Financial Group reissued an “underperform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Palantir Technologies in a research report on Monday. Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. DA Davidson raised their price target on shares of Palantir Technologies from $170.00 to $215.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Finally, Morgan Stanley increased their target price on Palantir Technologies from $155.00 to $205.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 4th. Five equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $172.28.
View Our Latest Report on Palantir Technologies
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.
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