Palantir Technologies Inc. $PLTR Shares Sold by Enzi Wealth

Enzi Wealth lessened its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 25.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,944 shares of the company’s stock after selling 3,116 shares during the period. Palantir Technologies accounts for approximately 0.6% of Enzi Wealth’s portfolio, making the stock its 23rd largest holding. Enzi Wealth’s holdings in Palantir Technologies were worth $1,593,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Signature Resources Capital Management LLC acquired a new stake in shares of Palantir Technologies during the second quarter worth $25,000. 1248 Management LLC acquired a new stake in Palantir Technologies in the 1st quarter worth about $27,000. Briaud Financial Planning Inc purchased a new stake in Palantir Technologies in the 2nd quarter valued at about $27,000. LFA Lugano Financial Advisors SA acquired a new position in shares of Palantir Technologies during the 2nd quarter valued at about $27,000. Finally, Frazier Financial Advisors LLC purchased a new position in shares of Palantir Technologies during the 2nd quarter worth about $28,000. 45.65% of the stock is 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 Down 2.8%

Shares of NASDAQ:PLTR opened at $188.71 on Friday. The company’s 50-day moving average price is $181.17 and its 200 day moving average price is $167.90. The company has a market cap of $449.78 billion, a PE ratio of 449.32, a P/E/G ratio of 7.32 and a beta of 1.49. Palantir Technologies Inc. has a fifty-two week low of $63.40 and a fifty-two week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating 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 return on equity of 15.48% and a net margin of 28.11%.The firm’s revenue for the quarter was up 62.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.10 EPS. As a group, equities analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Insider Buying and Selling

In other news, insider Alexander C. Karp sold 359,325 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction of $58,925,706.75. Following the sale, the insider directly owned 6,432,258 shares of the company’s stock, valued at $1,054,825,989.42. The trade was a 5.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Shyam Sankar sold 149,872 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $105,410,476.14. The trade was a 18.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,008,844 shares of company stock valued at $164,750,951 in the last three months. Insiders own 9.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Piper Sandler increased their target price on Palantir Technologies from $201.00 to $225.00 and gave the company an “overweight” rating in a research note on Tuesday, November 4th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Palantir Technologies in a research report on Monday, December 22nd. CICC Research lifted their price objective on shares of Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th. Mizuho boosted their target price 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, Jefferies Financial Group restated an “underperform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. Five research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $172.28.

About Palantir Technologies

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.