Palantir Technologies Inc. $PLTR is Elite Wealth Management Inc.’s 7th Largest Position

Elite Wealth Management Inc. lifted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 188.2% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 76,463 shares of the company’s stock after buying an additional 49,930 shares during the quarter. Palantir Technologies makes up 3.6% of Elite Wealth Management Inc.’s holdings, making the stock its 7th largest holding. Elite Wealth Management Inc.’s holdings in Palantir Technologies were worth $13,948,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of PLTR. Signature Resources Capital Management LLC bought a new position in shares of Palantir Technologies in the second quarter worth about $25,000. Briaud Financial Planning Inc bought a new position in Palantir Technologies in the 2nd quarter worth approximately $27,000. LFA Lugano Financial Advisors SA bought a new position in Palantir Technologies in the 2nd quarter worth approximately $27,000. Frazier Financial Advisors LLC purchased a new stake in Palantir Technologies during the 2nd quarter valued at approximately $28,000. Finally, Delos Wealth Advisors LLC bought a new stake in shares of Palantir Technologies during the second quarter valued at approximately $29,000. Institutional investors own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on PLTR. Zacks Research upgraded shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. Citigroup increased their price objective on shares of Palantir Technologies from $190.00 to $210.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. Truist Financial started coverage on Palantir Technologies in a research report on Tuesday, January 6th. They set a “buy” rating and a $223.00 price objective for the company. Mizuho boosted their target price on Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Palantir Technologies from $160.00 to $200.00 and gave the company a “hold” rating in a report on Tuesday, November 4th. One research 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 given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $174.69.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Bullish analyst views and price targets — Truist and other firms have renewed buy ratings and multi‑hundred dollar targets, and one analyst says PLTR could gain another ~20% in 2026, supporting upside potential. 1 Analyst Is Betting That Palantir Stock Can Gain Another 20% in 2026
• Positive Sentiment: Defense-sector tailwinds and government work chatter—reports that PLTR and other defense names are positioned to benefit from higher defense budgets and recent industry events have helped push interest in the stock. Palantir, Two Other Defense Names Head Toward Wins After Volatile Industry Week
• Positive Sentiment: Buy ratings tied to expanding AI backlog — some brokerages cite growing enterprise and government AI demand and reiterate buy ratings with high targets (e.g., BofA, others), reinforcing a bullish case ahead of 2025 results. Palantir (PLTR) Gets Buy Rating Amid Expanding AI Backlog
• Neutral Sentiment: Market speculation about PLTR’s role in a high‑profile international event (Venezuela) is driving chatter and short‑term volume, but details remain unconfirmed—this fuels momentum but increases event‑driven volatility. Palantir Involved in the Capture of Nicolás Maduro? Markets Think Peter Thiel-Linked Company ‘Heavily Involved,’ Says This Industry Commentator
• Neutral Sentiment: Analyst comparisons and AI sector context — research pieces comparing PLTR to incumbents like Oracle highlight PLTR’s AI infrastructure exposure but present tradeoffs (growth vs valuation), useful for positioning but not an immediate catalyst. Palantir or Oracle? AI Analyst Picks the Best AI Stock
• Neutral Sentiment: Consensus and valuation notes — brokerages’ consensus sits around a “hold” for some firms and median price targets are near the $200 area; high multiples keep expectations elevated. Palantir Technologies Inc. (NASDAQ:PLTR) Receives Consensus Recommendation of “Hold” from Brokerages
• Negative Sentiment: High‑profile selling — Cathie Wood/ARK sold roughly $10M+ of PLTR recently, a visible institutional exit that can weigh on sentiment and liquidity expectations. PLTR: Cathie Wood Dumps $10 Million in Palantir Stock
• Negative Sentiment: Multiple insider and large investor sales — filings show director and other insider sales totaling millions, and coverage noting significant insider selling history, which raises governance/valuation red flags for some investors. Insider Selling: Palantir Technologies (NASDAQ:PLTR) Director Sells $616,590.00 in Stock Palantir Technologies (NASDAQ:PLTR) Insider Sells $2,176,200.00 in Stock
• Negative Sentiment: Veteran analyst warning — at least one experienced analyst has flagged legal/ reputational risk after coverage of the Venezuela episode, which could increase regulatory and contract‑risk premium. Veteran analyst sounds alarm on Palantir stock after Venezuela raid
• Negative Sentiment: Hedge fund/elite investor moves — reports that Israel Englander trimmed PLTR while rotating into other high‑momentum names adds to narrative of profit‑taking among seasoned allocators. Billionaire Israel Englander Sells Palantir Stock and Buys an AI Stock Up 27,300% Since Its IPO

Insider Buying and Selling

In other news, insider David A. Glazer sold 9,000 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $185.91, for a total value of $1,673,190.00. Following the completion of the sale, the insider owned 413,639 shares in the company, valued at approximately $76,899,626.49. This trade represents a 2.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shyam Sankar sold 19,004 shares of Palantir Technologies stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $156.25, for a total transaction of $2,969,375.00. Following the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $100,435,312.50. This represents a 2.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,023,444 shares of company stock valued at $167,394,629 over the last 90 days. 12.93% of the stock is currently owned by insiders.

Palantir Technologies Trading Up 0.4%

PLTR opened at $177.49 on Monday. The stock has a 50-day moving average of $179.21 and a 200 day moving average of $170.81. Palantir Technologies Inc. has a 12 month low of $63.40 and a 12 month high of $207.52. The firm has a market cap of $423.04 billion, a P/E ratio of 422.61, a P/E/G ratio of 4.47 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data 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 business had revenue of $1.18 billion during the quarter, compared to analyst estimates 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 for the quarter was up 62.8% on a year-over-year basis. During the same period last year, the company earned $0.10 EPS. On average, research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share 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.