Franchise Capital Ltd acquired a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,700 shares of the company’s stock, valued at approximately $857,000. Palantir Technologies comprises about 0.4% of Franchise Capital Ltd’s portfolio, making the stock its 13th biggest position.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PLTR. Norges Bank bought a new stake in Palantir Technologies in the second quarter worth $3,307,457,000. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Palantir Technologies in the second quarter valued at $2,543,888,000. Vanguard Group Inc. raised its stake 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 acquiring an additional 7,194,216 shares during the period. State Street Corp boosted its stake in shares of Palantir Technologies by 6.9% during the 2nd quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after purchasing an additional 6,097,629 shares during the period. Finally, Invesco Ltd. grew its holdings in Palantir Technologies by 16.0% during the 2nd quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock valued at $2,806,182,000 after purchasing an additional 2,838,300 shares during the last quarter. 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 Ryan D. Taylor sold 36,048 shares of Palantir Technologies stock in a transaction that occurred 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 transaction, the insider directly owned 251,409 shares of the company’s stock, valued at $40,818,765.24. This trade represents a 12.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Stephen Andrew Cohen sold 308,635 shares of the company’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $50,613,053.65. Following the sale, the insider owned 592 shares of the company’s stock, valued at approximately $97,082.08. This represents a 99.81% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 1,023,444 shares of company stock worth $167,394,629. 9.23% of the stock is currently owned by company insiders.
Trending Headlines about Palantir Technologies
- Positive Sentiment: Company raised U.S. commercial revenue guidance and boosted its revenue and cash‑flow outlooks, signaling continued enterprise AI demand — this improves revenue visibility and supports higher analyst targets. Can Palantir’s Commercial Surge Sustain PLTR’s Next Leg of Growth?
- Positive Sentiment: Multiple Wall Street firms have upgraded Palantir or raised targets (Citigroup upgrade and Truist initiation with a Buy), providing fresh analyst support and lifting sentiment among institutional investors. Palantir Technologies (NASDAQ:PLTR) Raised to Buy at Citigroup Where is Palantir Technologies Inc. (PLTR) Headed According to Analysts?
- Neutral Sentiment: Broad tech market action is muted/flat this morning; sector weakness is contributing to short‑term pressure on PLTR even as company‑specific catalysts persist. TSLA, PLTR and SCMI Forecast – Major Tech Somewhat Sideways
- Negative Sentiment: Report that Palantir’s ELITE app is used to map and track individuals targeted for deportation raises reputational and regulatory risks — potential to spook ESG‑sensitive investors and invite political scrutiny. Palantir’s Tool Powering Real-Time ICE Raids: ELITE
- Negative Sentiment: Cathie Wood’s Ark Invest trimmed its Palantir stake again this month, removing a source of steady buying and signaling at least some profit‑taking among large active managers. Cathie Wood Is Trimming Her Palantir Stake Again. How Should You Play PLTR in January 2026?
- Negative Sentiment: Ongoing legal dispute with AI startup Percepta (Percepta calls Palantir’s suit ‘baseless’) creates litigation uncertainty and potential distraction/expense. AI Startup Percepta Slams Palantir’s ‘Baseless’ Lawsuit
- Negative Sentiment: Valuation concerns persist — commentators warn PLTR is priced for perfection given government exposure, competition and high multiples, which makes the stock sensitive to any growth or execution misses. How Concerned Should Investors Be About Palantir Stock?
Wall Street Analyst Weigh In
PLTR has been the subject of several analyst reports. Cantor Fitzgerald raised their price objective on shares of Palantir Technologies from $155.00 to $198.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. DA Davidson raised their price target on Palantir Technologies from $170.00 to $215.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. UBS Group boosted their price objective on Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. Finally, CICC Research lifted their target price on Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $175.88.
View Our Latest Report on Palantir Technologies
Palantir Technologies Stock Down 0.7%
Shares of NASDAQ PLTR opened at $177.07 on Friday. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52. The firm has a market cap of $422.04 billion, a PE ratio of 421.61, a price-to-earnings-growth ratio of 4.49 and a beta of 1.54. The business has a fifty day simple moving average of $178.27 and a two-hundred day simple moving average of $171.49.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. The business had revenue of $1.18 billion for 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 business’s revenue was up 62.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.10 EPS. On average, research analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current 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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