Global Trust Asset Management LLC boosted its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 11.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 40,409 shares of the company’s stock after buying an additional 4,161 shares during the period. Palantir Technologies makes up approximately 3.3% of Global Trust Asset Management LLC’s holdings, making the stock its 5th largest holding. Global Trust Asset Management LLC’s holdings in Palantir Technologies were worth $7,371,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of PLTR. Wilmington Savings Fund Society FSB raised its stake in shares of Palantir Technologies by 8.5% in the third quarter. Wilmington Savings Fund Society FSB now owns 11,397 shares of the company’s stock valued at $2,079,000 after acquiring an additional 890 shares during the period. BXM Wealth LLC grew its holdings in Palantir Technologies by 21.2% during the 3rd quarter. BXM Wealth LLC now owns 5,580 shares of the company’s stock valued at $1,018,000 after purchasing an additional 975 shares during the last quarter. Franchise Capital Ltd purchased a new stake in Palantir Technologies in the 3rd quarter worth about $857,000. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in Palantir Technologies by 6.0% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 359,523 shares of the company’s stock worth $65,584,000 after purchasing an additional 20,200 shares during the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd lifted its stake in Palantir Technologies by 161.7% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 50,890 shares of the company’s stock worth $9,199,000 after purchasing an additional 31,445 shares during the last quarter. Institutional investors own 45.65% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. Northland Securities upped their target price on Palantir Technologies from $14.00 to $18.50 in a research note on Tuesday, November 4th. Bank of America upped their price objective on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Jefferies Financial Group reiterated an “underperform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. Mizuho lifted 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, Wall Street Zen cut shares of Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $175.88.
Palantir Technologies Trading Down 0.7%
Shares of PLTR stock 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 stock has a market capitalization of $422.04 billion, a price-to-earnings ratio of 421.61, a P/E/G ratio of 4.49 and a beta of 1.54. The stock 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 announced its quarterly earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04. The firm had revenue of $1.18 billion for 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 business’s revenue for the quarter was up 62.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.10 earnings per share. Research analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.
Insider Buying and Selling at Palantir Technologies
In other news, insider Stephen Andrew Cohen sold 308,635 shares of the business’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $50,613,053.65. Following the completion of the sale, the insider owned 592 shares in the company, valued at approximately $97,082.08. The trade was a 99.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ryan D. Taylor sold 36,048 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $162.36, for a total transaction of $5,852,753.28. Following the completion of the sale, the insider directly owned 251,409 shares of the company’s stock, valued at $40,818,765.24. The trade was a 12.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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.
More Palantir Technologies News
Here are the key news stories impacting Palantir Technologies this week:
- 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?
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.
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