Evolution Wealth Advisors LLC lowered its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 7.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 55,739 shares of the company’s stock after selling 4,356 shares during the quarter. Palantir Technologies comprises 1.4% of Evolution Wealth Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. Evolution Wealth Advisors LLC’s holdings in Palantir Technologies were worth $10,168,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the business. Signature Resources Capital Management LLC acquired a new stake in Palantir Technologies during the second quarter worth approximately $25,000. Briaud Financial Planning Inc bought a new position in shares of Palantir Technologies during the 2nd quarter worth approximately $27,000. LFA Lugano Financial Advisors SA acquired a new stake in shares of Palantir Technologies during the 2nd quarter worth approximately $27,000. Frazier Financial Advisors LLC bought a new stake in shares of Palantir Technologies in the 2nd quarter valued at $28,000. Finally, Delos Wealth Advisors LLC acquired a new position in shares of Palantir Technologies during the 2nd quarter valued at $29,000. 45.65% of the stock is owned by institutional investors.
Palantir Technologies Stock Performance
PLTR stock opened at $170.96 on Friday. The business has a 50-day simple moving average of $178.13 and a two-hundred day simple moving average of $171.73. The company has a market capitalization of $407.47 billion, a P/E ratio of 407.06, a price-to-earnings-growth ratio of 4.45 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.
Analyst Upgrades and Downgrades
PLTR has been the subject of a number of research reports. UBS Group raised their price target on shares of Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Northland Securities raised their target price on Palantir Technologies from $14.00 to $18.50 in a research note on Tuesday, November 4th. Cantor Fitzgerald boosted their target price on Palantir Technologies from $155.00 to $198.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. DA Davidson increased their price target on Palantir Technologies from $170.00 to $215.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Palantir Technologies from $160.00 to $200.00 and gave the company a “hold” rating in a research note on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $175.88.
Check Out Our Latest Stock Analysis on Palantir Technologies
More Palantir Technologies News
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: JPMorgan CEO Jamie Dimon visited Palantir’s D.C. offices — a high‑profile meeting that signals potential deeper engagement from a major bank and underscores demand for Palantir’s enterprise/financial use cases. JPMorgan CEO Jamie Dimon Visits Palantir — Wall Street Meets The War Room
- Positive Sentiment: Analyst coverage and guidance: Truist initiated a Buy with a $223 target and Palantir has raised U.S. commercial revenue guidance, highlighting strong enterprise AI demand and better revenue/cash‑flow visibility. These support the bull case that growth can justify premium multiples. Where is Palantir Technologies Inc. (PLTR) Headed According to Analysts?
- Positive Sentiment: Zacks and other outlets highlight Palantir’s commercial surge and raised outlooks, reinforcing the company’s ability to convert AI demand into revenue growth — a key fundamental support for the stock. Can Palantir’s Commercial Surge Sustain PLTR’s Next Leg of Growth?
- Neutral Sentiment: Deep‑dive pieces (The Motley Fool, MarketBeat) reiterate Palantir’s strong execution and unique AI positioning but stress the valuation risk; these balanced takes can slow momentum by encouraging profit‑taking or selective new buying. Is Palantir Stock a Buy in 2026?
- Neutral Sentiment: Market commentary this week grouped Palantir with other high‑growth names under extra scrutiny as investors reassess valuations even while macro data remains supportive—expect volatility around earnings and guidance cycles. How Concerned Should Investors Be About Palantir Stock?
- Negative Sentiment: Reputational/regulatory risk: reporting on Palantir’s ELITE app (used in real‑time ICE operations) is generating negative headlines that can spur political and customer sensitivity, increasing the risk of contract scrutiny or loss in certain verticals. Palantir’s Tool Powering Real-Time ICE Raids: ELITE
- Negative Sentiment: Large‑holder activity: ARK (Cathie Wood) has trimmed PLTR exposure again this month — selling by a well‑known, concentrated holder can amplify down‑days and encourage short‑term liquidity pressure. Cathie Wood Is Trimming Her Palantir Stake Again. How Should You Play PLTR in January 2026?
- Negative Sentiment: Short‑term price action: coverage noting an early‑January pullback and warnings that the stock trades at a very high P/E create headwinds for new entrants and can trigger rotation out of high‑multiple names. Palantir Stock Falls Hard to Start 2026. Here’s What Investors Need to Know
Insider Activity
In other news, insider Stephen Andrew Cohen sold 308,635 shares of the company’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $50,613,053.65. Following the completion of the sale, the insider owned 592 shares in the company, valued at $97,082.08. This represents a 99.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Shyam Sankar sold 149,872 shares of the stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $24,577,509.28. Following the completion of the sale, the insider owned 642,786 shares of the company’s stock, valued at approximately $105,410,476.14. This represents a 18.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,023,444 shares of company stock worth $167,394,629. Company insiders own 9.23% of the company’s stock.
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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