Rockline Wealth Management LLC lessened its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 3.9% in the third quarter, HoldingsChannel.com reports. The firm owned 113,010 shares of the company’s stock after selling 4,580 shares during the quarter. Palantir Technologies accounts for approximately 4.3% of Rockline Wealth Management LLC’s portfolio, making the stock its 5th biggest holding. Rockline Wealth Management LLC’s holdings in Palantir Technologies were worth $20,615,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Palantir Technologies by 3.6% in the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after buying an additional 7,194,216 shares during the period. State Street Corp raised its position in shares of Palantir Technologies by 6.9% in the 2nd quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after acquiring an additional 6,097,629 shares in the last quarter. Norges Bank acquired a new position in shares of Palantir Technologies in the 2nd quarter valued at about $3,307,457,000. Invesco Ltd. boosted its position in shares of Palantir Technologies by 16.0% during the 2nd quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock valued at $2,806,182,000 after purchasing an additional 2,838,300 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Palantir Technologies by 3.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,042,239 shares of the company’s stock valued at $1,914,238,000 after purchasing an additional 427,840 shares in the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.
Palantir Technologies Stock Performance
PLTR stock opened at $165.70 on Wednesday. The company has a market capitalization of $394.94 billion, a P/E ratio of 394.53, a price-to-earnings-growth ratio of 4.21 and a beta of 1.54. Palantir Technologies Inc. has a 52-week low of $66.12 and a 52-week high of $207.52. The business has a 50-day simple moving average of $176.53 and a two-hundred day simple moving average of $173.69.
Wall Street Analysts Forecast Growth
PLTR has been the topic of several recent analyst reports. Citigroup raised Palantir Technologies from a “neutral” rating to a “buy” rating and boosted their price target for the company from $210.00 to $235.00 in a research note on Monday, January 12th. Weiss Ratings cut shares of Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 15th. Jefferies Financial Group set a $208.00 price objective on shares of Palantir Technologies in a report on Thursday, January 22nd. Mizuho increased their price objective on shares of Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Finally, Truist Financial started coverage on Palantir Technologies in a report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $184.07.
Check Out Our Latest Stock Analysis on Palantir Technologies
Insider Transactions at Palantir Technologies
In other Palantir Technologies news, insider Ryan D. Taylor sold 12,000 shares of the company’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total value of $2,176,200.00. Following the completion of the transaction, the insider owned 239,409 shares in the company, valued at $43,416,822.15. This represents a 4.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shyam Sankar sold 19,004 shares of the firm’s 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 sale, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $100,435,312.50. This represents a 2.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,023,444 shares of company stock worth $167,394,629. Company insiders own 12.93% of the company’s stock.
Trending Headlines about Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Bank of America lists Palantir among its highest‑conviction names for 2026, highlighting accelerating AI-driven revenue and expanding margins as reasons for continued upside. Bank of America Still Thinks Palantir Is One of the Best Stocks to Buy for 2026
- Positive Sentiment: Phillip Securities initiated coverage with a Buy and $208 price target, citing strong conviction in Palantir’s AI-led growth and U.S. market strength — a fresh institutional vote of confidence ahead of earnings. Analyst Sees Strong AI-Led Growth in Palantir (PLTR), Starts Buy
- Positive Sentiment: HD Hyundai strengthened its partnership with Palantir, which could boost enterprise adoption of Foundry/AIP and support durable commercial revenue expansion. Strategic partner wins are a tangible growth catalyst. HD Hyundai and Palantir Technologies (PLTR) Strengthen Their Partnership
- Neutral Sentiment: Multiple previews note Q4 results (Feb. 2) as the key near‑term catalyst — investors are focused on revenue growth, margin expansion and guidance to justify recent gains; high expectations raise the risk of a volatility spike around the print. Palantir Stock (PLTR): Can Q4 Earnings Support Its 100%+ Rally?
- Negative Sentiment: RBC Capital and other bearish commentary warn of downside — one analyst highlighted the risk of a collapse toward ~$50 and noted material insider selling, which increases headline risk and could pressure sentiment if guidance disappoints. This Analyst Warns Palantir Stock Could Plunge to $50. Should You Sell Shares Now?
- Negative Sentiment: Reputational/regulatory risk: reporting on Palantir tools being used by ICE to track Medicaid data has drawn scrutiny, which could invite political or regulatory pressure and complicate U.S. government business debates. Palantir/ICE connections draw fire as questions raised about tool tracking Medicaid data to find people to arrest
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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