1,109,343 Palantir Technologies Inc. $PLTR Shares Sold by Danske Bank A S

Danske Bank A S lessened its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 43.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,430,810 shares of the company’s stock after selling 1,109,343 shares during the period. Danske Bank A S’s holdings in Palantir Technologies were worth $267,633,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in PLTR. BlackRock Inc. grew its holdings in Palantir Technologies by 0.4% during the 2nd quarter. BlackRock Inc. now owns 189,817,693 shares of the company’s stock worth $22,146,030,000 after acquiring an additional 757,322 shares in the last quarter. State Street Corp raised its stake in shares of Palantir Technologies by 2.8% in the 2nd quarter. State Street Corp now owns 104,490,468 shares of the company’s stock valued at $12,190,903,000 after purchasing an additional 2,863,874 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Palantir Technologies by 1.0% in the 2nd quarter. Bank of America Corp DE now owns 19,020,265 shares of the company’s stock valued at $2,219,094,000 after purchasing an additional 180,486 shares in the last quarter. Amundi raised its stake in shares of Palantir Technologies by 7.4% in the 2nd quarter. Amundi now owns 17,623,053 shares of the company’s stock valued at $2,056,082,000 after purchasing an additional 1,212,653 shares in the last quarter. Finally, Jennison Associates LLC bought a new position in shares of Palantir Technologies during the first quarter worth about $1,574,111,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Recent Palantir Technologies Headlines

These are some of the PLTR headlines that stood out recently:

• Positive Sentiment: Palantir’s Rule of 40 score reached 158% in Q3 2026, reflecting a combination of rapid revenue growth and stronger profitability. The company also reported 165% net dollar retention, supporting the case for continued customer expansion. Article: PLTR’s Rule of 40 Hits 158%
• Positive Sentiment: Recent commentary argues Palantir’s growth story remains strong, with its AI software helping drive substantial business momentum. This provides a fundamental counterpoint to the stock’s recent weakness. Article: Palantir: High-Quality Growth Should Never Be Cheap
• Negative Sentiment: Investors are also focused on deceleration in contract-related growth indicators versus the previous quarter, which may raise questions about future demand. A planned sale of 84,680 shares by CTO Shyam Sankar—and another recent planned sale filing—could add to negative sentiment, though insider sales do not necessarily signal a lack of confidence. Article: Why Palantir Technologies Stock Is Down

Palantir Technologies Stock Performance

Shares of Palantir Technologies stock traded down $3.59 during trading on Friday, hitting $167.99. 15,160,139 shares of the stock were exchanged, compared to its average volume of 25,516,524. The stock’s fifty day moving average is $184.79 and its 200 day moving average is $153.82. The stock has a market cap of $403.69 billion, a PE ratio of 117.48, a P/E/G ratio of 3.47 and a beta of 1.65. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $212.94.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, November 2nd. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.18 billion. Palantir Technologies had a net margin of 50.34% and a return on equity of 30.49%. The company’s revenue for the quarter was up 95.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.21 EPS. Sell-side analysts anticipate that Palantir Technologies Inc. will post 1.36 EPS for the current fiscal year.

Insider Transactions at Palantir Technologies

In related news, insider Shyam Sankar sold 300,000 shares of the firm’s stock in a transaction dated Tuesday, November 10th. The stock was sold at an average price of $167.03, for a total transaction of $50,109,000.00. Following the completion of the transaction, the insider owned 857,616 shares of the company’s stock, valued at $143,247,600.48. This trade represents a 25.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander C. Karp sold 492,348 shares of Palantir Technologies stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the completion of the transaction, the insider directly owned 6,432,258 shares in the company, valued at approximately $1,124,294,375.82. This trade represents a 7.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 908,396 shares of company stock worth $157,146,307 in the last quarter. 9.53% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on PLTR shares. William Blair reaffirmed an “outperform” rating on shares of Palantir Technologies in a research report on Wednesday, August 26th. UBS Group reissued a “buy” rating on shares of Palantir Technologies in a report on Tuesday, November 3rd. JPMorgan Chase & Co. started coverage on Palantir Technologies in a research note on Thursday, October 29th. They set an “overweight” rating and a $262.00 price objective on the stock. Fubon initiated coverage on Palantir Technologies in a report on Tuesday, November 10th. They set a “buy” rating and a $200.00 target price on the stock. Finally, Raymond James Financial set a $255.00 target price on Palantir Technologies in a report on Wednesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Palantir Technologies has an average rating of “Moderate Buy” and a consensus target price of $216.20.

Palantir Technologies Profile

Palantir Technologies is a software company that develops platforms for integrating, analyzing and using data to support operational decisions. Its products are designed to help organizations work with large, complex datasets while managing access and security. The company’s platforms include Gotham, used primarily by government and intelligence customers; Foundry, designed for commercial and other organizations; Apollo, which supports the deployment and management of software; and Artificial Intelligence Platform (AIP), which helps organizations use artificial intelligence with their data and operations.