Palantir Technologies Inc. $PLTR Shares Sold by Cohen Capital Management Inc.

Cohen Capital Management Inc. lowered its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 45.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,668 shares of the company’s stock after selling 2,998 shares during the quarter. Cohen Capital Management Inc.’s holdings in Palantir Technologies were worth $669,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position 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 valued at $28,043,432,000 after purchasing an additional 7,194,216 shares during the period. State Street Corp lifted its position in Palantir Technologies by 6.9% during the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after buying an additional 6,097,629 shares during the period. Norges Bank acquired a new stake in Palantir Technologies in the 2nd quarter worth about $3,307,457,000. Invesco Ltd. grew its holdings in Palantir Technologies by 16.0% in the 2nd quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock valued at $2,806,182,000 after buying an additional 2,838,300 shares during the period. Finally, Kingstone Capital Partners Texas LLC acquired a new position in shares of Palantir Technologies during the 2nd quarter valued at about $2,543,888,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

Palantir Technologies Trading Up 3.7%

Shares of PLTR stock opened at $174.04 on Tuesday. The company has a market cap of $414.81 billion, a PE ratio of 414.39, a P/E/G ratio of 4.22 and a beta of 1.54. The company’s fifty day simple moving average is $180.57 and its 200-day simple moving average is $169.74. Palantir Technologies Inc. has a 52 week low of $63.40 and a 52 week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm’s quarterly revenue was up 62.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.10 EPS. Equities research analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

More Palantir Technologies News

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

• Positive Sentiment: Speculation that Palantir’s platforms aided recent U.S. operations in Venezuela boosted demand for the stock as markets price potential government/defense revenue and credibility gains. Will Palantir’s Venezuela Connection Trump Valuation Concerns?
• Positive Sentiment: Institutional accumulation and a wave of analyst upgrades are supporting the rally — research notes highlight robust commercial and government demand and lift consensus price targets. The AI Tech Paradox: Insiders Sell, the Case for Buying Gets Stronger
• Positive Sentiment: Options-market activity is elevated (large call interest and positioning), which can amplify intraday upside as traders chase momentum or hedge against further moves. Options Traders Are All in on Palantir Stock
• Neutral Sentiment: Company messaging: Palantir’s CTO publicly reiterated a bullish AI vision — positive for narrative but not an immediate earnings catalyst. ‘HISTORIC OPPORTUNITY’: Palantir CTO shares optimistic vision for future of AI
• Neutral Sentiment: Earnings/estimates: previews show growth expectations are already priced in, so upcoming reports could swing sentiment either way depending on guidance. Earnings Preview: What To Expect From Palantir’s Report
• Negative Sentiment: Insider selling headlines are drawing attention — coverage frames exits by employees/executives as profit-taking, which can spook retail flows even if institutions are buying. Why Palantir Technologies (PLTR) Is Down After AI Contract Surge And Insider Selling Headlines
• Negative Sentiment: Recent short-term sell-off and profit-taking (multi-day dip off December highs) highlight valuation sensitivity — technical patterns and high multiples leave the stock vulnerable to rotation. Palantir stock price forms a risky pattern as a persistent risk remains
• Negative Sentiment: Prominent investors and commentators warn about frothy valuation and downside risk — useful as a reminder that momentum can reverse quickly if growth expectations slip. ‘Prepare for the Worst,’ Says Top Investor About Palantir Stock

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Cantor Fitzgerald raised their target price on shares of Palantir Technologies from $155.00 to $198.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. The Goldman Sachs Group lifted their price target on shares of Palantir Technologies from $141.00 to $188.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Royal Bank Of Canada boosted their price objective on shares of Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” 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 29th. Finally, DA Davidson lifted their target price on Palantir Technologies from $170.00 to $215.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $172.28.

Insider Activity

In other Palantir Technologies news, insider Shyam Sankar sold 149,872 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 $24,577,509.28. Following the completion of the transaction, the insider owned 642,786 shares in the company, valued at $105,410,476.14. This represents a 18.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David A. Glazer sold 15,557 shares of the stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $2,551,192.43. Following the completion of the sale, the insider directly owned 415,612 shares of the company’s stock, valued at $68,156,211.88. This trade represents a 3.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,008,044 shares of company stock worth $164,601,839 in the last ninety days. 12.93% of the stock is currently owned by company insiders.

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.