Palantir Technologies Inc. $PLTR Stock Position Reduced by Carnegie Investment Counsel

Carnegie Investment Counsel decreased its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 2.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 118,483 shares of the company’s stock after selling 3,191 shares during the quarter. Carnegie Investment Counsel’s holdings in Palantir Technologies were worth $21,614,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Townsend Asset Management Corp NC ADV acquired a new position in Palantir Technologies in the 3rd quarter worth about $232,000. Fulton Breakefield Broenniman LLC increased its holdings in Palantir Technologies by 23.7% in the third quarter. Fulton Breakefield Broenniman LLC now owns 3,881 shares of the company’s stock worth $708,000 after buying an additional 744 shares during the last quarter. Connective Portfolio Management LLC increased its holdings in Palantir Technologies by 3.4% in the third quarter. Connective Portfolio Management LLC now owns 6,020 shares of the company’s stock worth $1,077,000 after buying an additional 200 shares during the last quarter. One Plus One Wealth Management LLC bought a new position in Palantir Technologies during the third quarter valued at approximately $219,000. Finally, Brian Low Financial Group LLC acquired a new stake in Palantir Technologies in the third quarter valued at approximately $225,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

More Palantir Technologies News

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

• Positive Sentiment: Palantir’s AIP platform is credited with triple‑digit U.S. commercial growth, helping revenue rise ~63% YoY, lifting guidance and showing a clearer path to profitability — a fundamental driver for upside. Zacks: 2 AI Defense Stocks Soar
• Positive Sentiment: Retail investor frenzy around Palantir’s AI story is a major demand engine — coverage notes the stock has delivered very large YTD gains, attracting continued retail flows. Benzinga: Palantir’s AI Story Hooks Retail Investors
• Positive Sentiment: Profiles showing multi‑hundred percent YTD returns (e.g., “$1,000 invested” pieces) reinforce momentum narratives and attract new entrant buying, supporting price levels. Finbold: Here’s How Much $1,000 Invested in Palantir Is Worth
• Neutral Sentiment: Palantir is repeatedly included in “big tech/AI” buy lists and thematic write-ups for 2026, supporting longer‑term interest but not guaranteeing near‑term price direction. Finbold: Top 3 Big Tech Stocks to Buy in 2026
• Neutral Sentiment: Sector commentary expects continued AI infrastructure spending into 2026, which helps the bull case for PLTR but leaves exposure to macro and sentiment swings. The Motley Fool: Could January Spark the Next Big Rally in AI Stocks?
• Neutral Sentiment: Coverage notes heavy retail inflows despite Wall Street’s valuation concerns — supportive for liquidity but raises the risk of sharper corrections on sentiment shifts. CNBC: Wall Street Wrote Off Palantir, Retail Investors Can’t Get Enough
• Neutral Sentiment: Reported short‑interest data appears anomalous/buggy (zeros and NaN), so short‑squeeze risk signals are unclear from that data point.
• Negative Sentiment: Billionaire Stanley Druckenmiller reportedly sold Palantir, and other analysts have flagged popular AI/momentum names as vulnerable to large drawdowns — headline sales and analyst “sell” calls amplify profit‑taking pressure. Yahoo Finance: Druckenmiller Sold Nvidia and Palantir
• Negative Sentiment: Some Wall Street pieces warn that momentum in AI stocks could be repriced sharply (analyst scenarios show large potential declines), increasing downside risk for richly‑valued names like PLTR. The Motley Fool: 2 Incredibly Popular Stocks to Sell Before They Plummet

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $188.71 on Friday. Palantir Technologies Inc. has a 52 week low of $63.40 and a 52 week high of $207.52. The firm has a market capitalization of $449.78 billion, a PE ratio of 449.32, a PEG ratio of 7.53 and a beta of 1.49. The business’s 50-day simple moving average is $181.17 and its 200-day simple moving average is $167.65.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter last year, the firm posted $0.10 EPS. The company’s revenue was up 62.8% on a year-over-year basis. Research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insider Buying and Selling at Palantir Technologies

In related news, insider Alexander C. Karp sold 359,325 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 transaction of $58,925,706.75. Following the completion of the transaction, the insider directly owned 6,432,258 shares in the company, valued at $1,054,825,989.42. This represents a 5.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Shyam Sankar sold 149,872 shares of the stock in a transaction on 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 directly owned 642,786 shares of the company’s stock, valued at approximately $105,410,476.14. This trade represents a 18.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,008,844 shares of company stock valued at $164,750,951 in the last three months. 9.23% of the stock is owned by insiders.

Analysts Set New Price Targets

PLTR has been the topic of several analyst reports. Robert W. Baird increased their price target on shares of Palantir Technologies from $170.00 to $200.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft increased 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. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Daiwa Capital Markets upped their price target on Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Finally, 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 note on Tuesday, November 4th. Five investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $172.28.

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.