Palantir Technologies Inc. $PLTR Shares Sold by Dock Street Asset Management Inc.

Dock Street Asset Management Inc. cut its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 19.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 822,058 shares of the company’s stock after selling 193,950 shares during the period. Palantir Technologies accounts for 13.1% of Dock Street Asset Management Inc.’s investment portfolio, making the stock its 2nd largest holding. Dock Street Asset Management Inc.’s holdings in Palantir Technologies were worth $149,960,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Lionshead Wealth Management LLC raised its stake in Palantir Technologies by 0.4% in the third quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock valued at $2,395,000 after buying an additional 56 shares in the last quarter. Ellenbecker Investment Group raised its position in shares of Palantir Technologies by 3.6% during the 3rd quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock worth $295,000 after acquiring an additional 57 shares in the last quarter. Traveka Wealth LLC lifted its stake in Palantir Technologies by 1.6% during the third quarter. Traveka Wealth LLC now owns 3,695 shares of the company’s stock worth $674,000 after purchasing an additional 57 shares during the last quarter. Market Street Wealth Management Advisors LLC lifted its stake in Palantir Technologies by 4.0% during the third quarter. Market Street Wealth Management Advisors LLC now owns 1,539 shares of the company’s stock worth $281,000 after purchasing an additional 59 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC boosted its holdings in Palantir Technologies by 3.4% in the third quarter. Blue Bell Private Wealth Management LLC now owns 1,837 shares of the company’s stock valued at $335,000 after purchasing an additional 60 shares in the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Ryan D. Taylor sold 36,048 shares of Palantir Technologies stock in a transaction on Monday, November 24th. The shares were sold at an average price of $162.36, for a total value of $5,852,753.28. Following the transaction, the insider directly owned 251,409 shares in the company, valued at $40,818,765.24. This trade represents a 12.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider David A. Glazer sold 15,557 shares of the business’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 $2,551,192.43. Following the completion of the transaction, the insider directly owned 415,612 shares in the company, valued at $68,156,211.88. This represents a 3.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,023,444 shares of company stock valued at $167,394,629. 9.23% of the stock is owned by company insiders.

Palantir Technologies Stock Performance

Shares of PLTR opened at $176.86 on Friday. Palantir Technologies Inc. has a fifty-two week low of $63.40 and a fifty-two week high of $207.52. The firm has a 50-day simple moving average of $179.67 and a 200-day simple moving average of $170.17. The company has a market capitalization of $421.54 billion, a price-to-earnings ratio of 421.11, a price-to-earnings-growth ratio of 4.57 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last issued 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. 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 analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the firm posted $0.10 EPS. The firm’s revenue for the quarter was up 62.8% on a year-over-year basis. Equities research analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Key Headlines Impacting Palantir Technologies

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

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Morgan Stanley raised their price objective on shares of Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 4th. Daiwa Capital Markets lifted their price target on shares of Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. The Goldman Sachs Group boosted their price target on shares of Palantir Technologies from $141.00 to $188.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. UBS Group raised their price objective on Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Palantir Technologies in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Palantir Technologies has a consensus rating of “Hold” and a consensus price target of $174.69.

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.