Ascent Wealth Partners LLC Sells 10,704 Shares of Palantir Technologies Inc. $PLTR

Ascent Wealth Partners LLC lowered its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 31.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,216 shares of the company’s stock after selling 10,704 shares during the period. Ascent Wealth Partners LLC’s holdings in Palantir Technologies were worth $4,235,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Financial Consulate Inc. bought a new stake in Palantir Technologies during the third quarter valued at about $30,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Palantir Technologies during the third quarter valued at about $31,000. Signature Resources Capital Management LLC bought a new stake in shares of Palantir Technologies in the 2nd quarter valued at about $25,000. Briaud Financial Planning Inc purchased a new position in shares of Palantir Technologies in the 2nd quarter worth approximately $27,000. Finally, LFA Lugano Financial Advisors SA bought a new position in shares of Palantir Technologies during the 2nd quarter worth approximately $27,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Palantir Technologies

In related news, insider David A. Glazer sold 9,000 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $185.91, for a total transaction of $1,673,190.00. Following the completion of the transaction, the insider directly owned 413,639 shares in the company, valued at $76,899,626.49. The trade was a 2.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Ryan D. Taylor sold 36,048 shares of the company’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $162.36, for a total transaction of $5,852,753.28. Following the completion of the sale, the insider directly owned 251,409 shares in the company, valued at approximately $40,818,765.24. The trade was a 12.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,008,044 shares of company stock worth $164,601,839. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $167.86 on Friday. The business’s 50-day simple moving average is $180.87 and its two-hundred day simple moving average is $169.29. The company has a market cap of $400.08 billion, a PE ratio of 399.68, a PEG ratio of 4.22 and a beta of 1.54. 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 released its earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. The firm had revenue of $1.18 billion during 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 company’s revenue was up 62.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 earnings per share. As a group, analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Analysts Set New Price Targets

PLTR has been the topic of several analyst reports. Royal Bank Of Canada lifted their price target on shares of Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a report on Tuesday, November 4th. Daiwa Capital Markets raised their price objective on 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 upped their target price on Palantir Technologies from $141.00 to $188.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Piper Sandler increased their price target on Palantir Technologies from $201.00 to $225.00 and gave the company an “overweight” rating in a research note on Tuesday, November 4th. Finally, UBS Group boosted their price target on Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Palantir Technologies currently has an average rating of “Hold” and an average target price of $172.28.

Palantir Technologies News Roundup

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

• Positive Sentiment: Zacks added PLTR to its Rank #1 (Strong Buy) list, which can attract buying interest from momentum-focused and institutional investors. New Strong Buy Stocks for January 2nd
• Positive Sentiment: 247WallStreet argues there’s still room to run for PLTR based on recent commercial/government AI deployments and momentum — a narrative that supports buy-the-dip trading strategies. Palantir Stock Is Coming Back. 1 Reason There’s More Room to Run
• Neutral Sentiment: MarketBeat’s take frames PLTR as a maturing AI/software compounder — bullish long-term but likely to see consolidation and choppy trading as valuation now prices in high future growth. This shifts investor tactics toward buy-and-hold with tactical dip buying. Palantir Has Grown Up Fast: What Does That Mean for 2026?
• Neutral Sentiment: Sector tailwinds for AI (January-effect commentary) could help PLTR over time, but near-term flows are favoring chip names like NVDA — a mixed signal for software names. 3 AI Stocks Poised to Surge on the January Effect
• Negative Sentiment: The Motley Fool and other outlets point to profit-taking after PLTR’s 135%+ jump in 2025 and a rotation out of software into chips as the main drivers of today’s sell-off. That explains much of the short-term weakness. Why Palantir Fell Hard To Start 2026
• Negative Sentiment: Technically, PLTR has tested key support near ~$175 after the run-up, raising the risk of deeper pullbacks if selling persists. Traders will watch those levels and the 50-day moving average for sign of stabilization. Palantir Slips Friday: AI Darling Tests Key $175 Support Level After Historic 2025 Run
• Negative Sentiment: Forbes highlights recurring downside risk — PLTR has experienced several rapid >30% drawdowns historically — a reminder that elevated valuation and concentrated retail interest can amplify volatility. Risks That Palantir Stock Investors Must Know

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.