Westwood Wealth Management decreased its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 32.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 42,015 shares of the company’s stock after selling 19,763 shares during the period. Palantir Technologies accounts for about 2.8% of Westwood Wealth Management’s holdings, making the stock its 10th largest position. Westwood Wealth Management’s holdings in Palantir Technologies were worth $7,664,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in PLTR. Signature Resources Capital Management LLC acquired a new position in Palantir Technologies during the second quarter valued at approximately $25,000. Briaud Financial Planning Inc bought a new stake in shares of Palantir Technologies during the 2nd quarter worth $27,000. LFA Lugano Financial Advisors SA acquired a new position in Palantir Technologies in the 2nd quarter valued at $27,000. Frazier Financial Advisors LLC acquired a new position in Palantir Technologies in the 2nd quarter valued at $28,000. Finally, Delos Wealth Advisors LLC bought a new position in Palantir Technologies in the 2nd quarter worth $29,000. 45.65% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
PLTR has been the subject of a number of recent analyst reports. CICC Research upped their price target on shares of Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a report on Wednesday, November 12th. Weiss Ratings reissued a “buy (b-)” rating on shares of Palantir Technologies in a research report on Monday, December 29th. Cantor Fitzgerald increased their target price on Palantir Technologies from $155.00 to $198.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Truist Financial began coverage on Palantir Technologies in a research report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 price target on the stock. Finally, UBS Group increased their price target on shares of Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $175.88.
Palantir Technologies Price Performance
Shares of Palantir Technologies stock opened at $177.49 on Monday. Palantir Technologies Inc. has a 52-week low of $63.40 and a 52-week high of $207.52. The firm has a market capitalization of $423.04 billion, a PE ratio of 422.61, a price-to-earnings-growth ratio of 4.47 and a beta of 1.54. The company’s fifty day moving average price is $179.21 and its two-hundred day moving average price is $170.81.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its 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. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period in the previous year, the business earned $0.10 EPS. The firm’s revenue was up 62.8% on a year-over-year basis. Analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.
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 Palantir Technologies stock in a transaction on Friday, November 21st. The shares were sold at an average price of $156.25, for a total value of $2,969,375.00. Following the transaction, the insider directly 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 ownership of the stock. The SEC filing for this sale provides additional information. 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 initiated coverage on Palantir with a Buy and called the company “best‑in‑class,” giving institutional‑grade support that can attract investor inflows. Truist Initiates Palantir (PLTR) as Buy
- Neutral Sentiment: Market note: PLTR sold off at the start of 2026 (about -14% in the first five sessions) due to a rotation out of AI names but has shown a small rebound in the past week and remains well above prior year levels — underscoring high volatility tied to sector flows. Palantir Price Prediction and Forecast 2026-2030
- Neutral Sentiment: Investor commentary suggests it may be “too early to call” Palantir’s next leg, highlighting ongoing debate between growth potential from AI/business momentum and near‑term macro/rotation risks. ‘It’s Too Early to Call,’ Says Investor About Palantir Stock
- Negative Sentiment: Several analysts and commentaries warn Palantir could stall in 2026 due to lofty valuation relative to peers, pushing some investors to prefer other AI names; that skepticism can cap upside until growth visibility improves. Why Wall Street Thinks Palantir Stock Will Stall
- Negative Sentiment: Notable selling: a prominent investor vehicle (Cathie Wood/ARK‑related reporting) sold over $10M of Palantir stock recently, a flow event that can increase short‑term downward pressure on price. Cathie Wood Invest Dumps Over $10 Million Of Palantir Stock
- Negative Sentiment: Media roundups flag Palantir among names that “plummeted” during the recent pullback in some sectors, reflecting headlines and momentum trading that can amplify swings independent of fundamentals. Benzinga Bulls And Bears: Palantir Plummets
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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