Palantir Technologies Inc. $PLTR Stock Position Raised by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. increased its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 8.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 59,672 shares of the company’s stock after purchasing an additional 4,532 shares during the period. Assenagon Asset Management S.A.’s holdings in Palantir Technologies were worth $10,885,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Palantir Technologies by 3.6% in the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after acquiring an additional 7,194,216 shares during the last quarter. Truist Financial Corp grew its stake in Palantir Technologies by 4.2% in the second quarter. Truist Financial Corp now owns 537,000 shares of the company’s stock valued at $73,204,000 after purchasing an additional 21,809 shares in the last quarter. State of Michigan Retirement System grew its stake in Palantir Technologies by 1.3% in the second quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock valued at $127,923,000 after purchasing an additional 12,300 shares in the last quarter. Presilium Private Wealth LLC acquired a new position in Palantir Technologies in the 2nd quarter worth about $204,000. Finally, New Century Financial Group LLC acquired a new position in Palantir Technologies in the 2nd quarter worth about $228,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PLTR has been the subject of several research reports. Deutsche Bank Aktiengesellschaft lifted their price target on Palantir Technologies from $160.00 to $200.00 and gave the company a “hold” rating in a report on Tuesday, November 4th. Daiwa Capital Markets boosted their target price on shares of Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. The Goldman Sachs Group increased their price target on shares of Palantir Technologies from $141.00 to $188.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Robert W. Baird raised their price target on shares of Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Finally, Citigroup lifted their price objective on shares of Palantir Technologies from $190.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Five equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Palantir Technologies currently has an average rating of “Hold” and an average price target of $172.28.

Insiders Place Their Bets

In other Palantir Technologies news, insider Shyam Sankar sold 149,872 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $24,577,509.28. Following the sale, the insider owned 642,786 shares of the company’s stock, valued at $105,410,476.14. This trade represents a 18.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Stephen Andrew Cohen sold 308,635 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $50,613,053.65. Following the transaction, the insider owned 592 shares of the company’s stock, valued at approximately $97,082.08. This trade represents a 99.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,008,844 shares of company stock valued at $164,750,951 in the last ninety days. Company insiders own 9.23% of the company’s stock.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Palantir announced a strategic commercial push — launching the new “Chain Reaction” platform in partnership with NVIDIA and CenterPoint Energy, a visible enterprise/government product tie-up that could accelerate large AI deployments and revenue upside into 2026. How Much You’d Have If You Bet $10,000 on Palantir Stock in January and 1 Key PLTR Catalyst to Watch in 2026
• Positive Sentiment: Analyst commentary highlights Palantir as one of the top AI winners of 2025 with continued revenue and profit momentum, supporting further upside expectations from growth-focused investors. 2 Best AI Stocks Up 100%+ in 2025 and Still a Buy for 2026
• Neutral Sentiment: Media pieces weighing whether the AI boom is a bubble note Palantir’s dominant market narrative but stress the high multiples — this signals investor debate rather than a definitive sell signal. Is the AI Boom a Bubble? These 2 Dividend Stocks Say No (PLTR)
• Negative Sentiment: Insider selling reported (~$1.67M) and follow-up stories tying a short-term stock pullback to those sales raise near-term selling pressure / sentiment risk among momentum traders. Insider Selling: Palantir Technologies (NASDAQ:PLTR) Insider Sells $1,673,190.00 in Stock
• Negative Sentiment: Unusually active put-option volume suggests some investors are hedging or speculating on downside after the big 2025 run — a technical headwind that can amplify short-term volatility. Nike, Tilray, and Palantir: Their Unusually Active Put Options Will Boost Your Wallet After Christmas
• Negative Sentiment: Several pieces (analyst take/gauges) call out Palantir’s lofty valuation and lay out a bear case for 2026 — these arguments increase the risk of multiple compression if growth disappoints. Palantir Stock’s Valuation: Overstretched or Rightfully Earned? The Palantir Bear Case for 2026

Palantir Technologies Trading Up 4.1%

NASDAQ PLTR opened at $193.38 on Friday. Palantir Technologies Inc. has a 1 year low of $63.40 and a 1 year high of $207.52. The company has a fifty day simple moving average of $179.74 and a 200 day simple moving average of $165.64. The company has a market cap of $460.91 billion, a P/E ratio of 460.44, a P/E/G ratio of 7.50 and a beta of 1.49.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The business’s quarterly revenue was up 62.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.10 EPS. Equities research analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Palantir Technologies Company 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.