Benjamin Edwards Inc. reduced its position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 4.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 83,536 shares of the company’s stock after selling 3,709 shares during the period. Benjamin Edwards Inc.’s holdings in Palantir Technologies were worth $15,238,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. Signature Resources Capital Management LLC purchased a new stake in Palantir Technologies during the 2nd quarter worth approximately $25,000. Briaud Financial Planning Inc purchased a new position in shares of Palantir Technologies during the 2nd quarter valued at approximately $27,000. LFA Lugano Financial Advisors SA acquired a new stake in shares of Palantir Technologies during the second quarter worth approximately $27,000. Frazier Financial Advisors LLC acquired a new stake in shares of Palantir Technologies during the second quarter worth approximately $28,000. Finally, Delos Wealth Advisors LLC bought a new stake in shares of Palantir Technologies in the second quarter worth $29,000. 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: Speculation that Palantir tools were used in a high‑profile U.S. action in Venezuela has triggered renewed retail and institutional interest because it underlines Palantir’s national‑security relevance and potential government demand. Palantir Involved in the Capture of Nicolás Maduro? Markets Think Peter Thiel-Linked Company ‘Heavily Involved,’ Says This Industry Commentator
- Positive Sentiment: Truist initiated/confirmed bullish coverage with a Buy and a $223 target, providing a fresh fundamental catalyst and a concrete upside case that some investors are buying into. Palantir Is Pulling Back After a Post-Venezuela Run Higher. How Should You Play PLTR Stock Here?
- Positive Sentiment: High‑profile bullish commentary (e.g., Jim Cramer) has kept momentum narratives alive and likely amplified buying from retail and momentum traders. Jim Cramer on Palantir: “I See No Reason to Back Away From It Now”
- Neutral Sentiment: Heavy options and search activity indicate elevated short‑term positioning that can magnify intraday moves in either direction; this raises trading volatility but not a durable fundamental change. Palantir Technologies Stock (PLTR) Opinions on AI Defense Speculation
- Neutral Sentiment: Upcoming full‑year 2025 results (Feb. 2) and differing growth projections (deceleration expectations vs. bullish price targets) mean the next earnings report could be a major directional catalyst. Can Palantir Double Again in 2026? This Analyst Is Confident
- Negative Sentiment: Despite headlines, the stock has pulled back today as traders take profits after a big 2025 run; Zacks highlights the intraday slide vs. the broader market. Palantir Technologies Inc. (PLTR) Stock Slides as Market Rises: Facts to Know Before You Trade
- Negative Sentiment: Analysts and commentators warn valuation is stretched (very high P/E and PEG) — a miss or weaker guidance would likely trigger sharper downside. Palantir Stock Price Forms a Risky Pattern
- Negative Sentiment: Recent insider selling (SEC Form 4 filings) reinforces that insiders have been reducing positions, which adds to investor caution amid a stretched valuation. SEC Form 4 — Ryan D. Taylor sale
- Negative Sentiment: Some veteran analysts have sounded alarms over geopolitical/legal risk and the reputational fallout if Palantir is tied to covert operations, which could create regulatory or contract‑risk headlines. Veteran analyst sounds alarm on Palantir stock after Venezuela raid
Insider Buying and Selling
Analyst Ratings Changes
A number of research analysts have commented on the stock. Jefferies Financial Group reiterated an “underperform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. HSBC boosted their target price on shares of Palantir Technologies from $181.00 to $197.00 and gave the stock a “hold” rating in a research report on Wednesday, November 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Palantir Technologies in a research report on Monday, December 29th. Mizuho lifted 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. Finally, Bank of America boosted their price objective on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $174.69.
Check Out Our Latest Research Report on Palantir Technologies
Palantir Technologies Stock Down 2.7%
Shares of PLTR stock opened at $176.86 on Friday. The company has a market cap of $421.54 billion, a P/E ratio of 421.11, a PEG ratio of 4.57 and a beta of 1.54. The business has a 50 day moving average of $179.67 and a two-hundred day moving average of $170.17. Palantir Technologies Inc. has a 52 week low of $63.40 and a 52 week high of $207.52.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.04. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter last year, the business posted $0.10 EPS. The business’s revenue was up 62.8% on a year-over-year basis. Analysts expect 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.
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