Palantir Technologies Inc. $PLTR Shares Sold by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC reduced its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 16.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 31,780 shares of the company’s stock after selling 6,404 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Palantir Technologies were worth $5,797,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after purchasing an additional 7,194,216 shares during the period. State Street Corp lifted its position in Palantir Technologies by 6.9% during the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock valued at $12,879,667,000 after buying an additional 6,097,629 shares in the last quarter. Norges Bank purchased a new stake in Palantir Technologies during the second quarter worth approximately $3,307,457,000. Invesco Ltd. increased its position in shares of Palantir Technologies by 16.0% in the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock worth $2,806,182,000 after acquiring an additional 2,838,300 shares in the last quarter. Finally, Kingstone Capital Partners Texas LLC acquired a new stake in shares of Palantir Technologies in the second quarter worth $2,543,888,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on PLTR shares. Piper Sandler raised their price objective on Palantir Technologies from $201.00 to $225.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Royal Bank Of Canada boosted their price target on Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a research report on Tuesday, November 4th. Bank of America increased their price objective on shares of Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, November 4th. Finally, Wall Street Zen lowered shares of Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. One 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $175.88.

Palantir Technologies News Summary

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

• Positive Sentiment: Citi Research upgraded PLTR to Buy and raised its price target to $235, citing an expected AI-driven “supercycle,” widening commercial demand and forecasts for very strong 2026 revenue growth — a catalyst for higher analyst targets and fund flows. Citi Upgrades Palantir Stock (PLTR) to Buy, Sees Explosive 80% Revenue Growth
• Positive Sentiment: Multiple Wall Street analysts have raised earnings estimates and price targets after recent wins and strong AIP/commercial demand, supporting upside and likely driving short‑term buying from momentum and model-driven funds. Palantir Stock Investors Just Got Great News From Wall Street
• Positive Sentiment: Fool reports Palantir’s government-contract momentum is accelerating after a recent deal, boosting revenue visibility in defense/public-sector accounts — a core strength that underpins much of the bullish thesis. Palantir Investors Need to Know This After the Latest Government Deal
• Positive Sentiment: Palantir set its Q4/FY2025 earnings date for Feb. 2 — a near-term catalyst where upside revenue/margin commentary or raised guidance could validate recent analyst upgrades. Palantir Announces Date of Fourth-Quarter 2025 Earnings Release and Webcast
• Neutral Sentiment: High-profile supporters (e.g., Jim Cramer coverage) and rising institutional ownership provide a sentiment floor, but they don’t change fundamentals — they may amplify moves but are not standalone drivers. Jim Cramer Says He Believes in Palantir (PLTR)’s Management
• Neutral Sentiment: MarketBeat and other coverage highlight stretched valuation: PLTR is priced for aggressive growth, so quarters that merely meet expectations may disappoint the market even if business remains strong. How Concerned Should Investors Be About Palantir Stock?
• Negative Sentiment: Legal risk: Percepta AI — a startup founded by ex‑Palantir employees — says Palantir’s lawsuit is an attempt to “destroy” competition and to scare hires; adverse developments or a messy legal fight could hurt hiring, reputational risk and create litigation costs. Palantir is trying to ‘destroy’ Percepta through legal action, startup’s execs say in filing
• Negative Sentiment: Valuation skeptics and some sell-side commentators warn PLTR may be overvalued vs. risk (competition from MSFT/AMZN/GOOGL, government concentration, and slower EPS acceleration), which could pressure the stock if growth or margins miss. 3 Technology Stocks to Sell in 2026

Insider Buying and Selling

In other news, insider Shyam Sankar sold 149,872 shares of Palantir Technologies stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $24,577,509.28. Following the completion of the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $105,410,476.14. The trade was a 18.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Ryan D. Taylor sold 36,048 shares of Palantir Technologies stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $162.36, for a total value of $5,852,753.28. Following the completion of the transaction, the insider owned 251,409 shares of the company’s stock, valued at approximately $40,818,765.24. The trade was a 12.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,023,444 shares of company stock worth $167,394,629. Company insiders own 12.93% of the company’s stock.

Palantir Technologies Trading Down 0.3%

Shares of NASDAQ:PLTR opened at $178.96 on Wednesday. The firm has a market cap of $426.54 billion, a PE ratio of 426.11, a price-to-earnings-growth ratio of 4.51 and a beta of 1.54. The company has a fifty day simple moving average of $178.42 and a 200 day simple moving average of $171.40. Palantir Technologies Inc. has a 12-month low of $65.19 and a 12-month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, topping 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 business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period last year, the firm earned $0.10 earnings per share. The company’s revenue for the quarter was up 62.8% compared to the same quarter last year. As a group, equities research analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

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.