Capital Investment Counsel Inc Trims Stock Position in Palantir Technologies Inc. $PLTR

Capital Investment Counsel Inc trimmed its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 4.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 98,120 shares of the company’s stock after selling 5,030 shares during the quarter. Palantir Technologies makes up 2.2% of Capital Investment Counsel Inc’s holdings, making the stock its 8th biggest holding. Capital Investment Counsel Inc’s holdings in Palantir Technologies were worth $17,899,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of Palantir Technologies by 3.6% during the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after buying an additional 7,194,216 shares during the period. State Street Corp lifted its holdings in Palantir Technologies by 6.9% in the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock valued at $12,879,667,000 after buying an additional 6,097,629 shares during the period. Norges Bank bought a new stake in Palantir Technologies during the second quarter valued at $3,307,457,000. 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 worth $2,806,182,000 after acquiring an additional 2,838,300 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Palantir Technologies by 3.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,042,239 shares of the company’s stock worth $1,914,238,000 after acquiring an additional 427,840 shares during the period. 45.65% of the stock is currently owned by institutional investors.

Insider Activity at Palantir Technologies

In related news, insider Ryan D. Taylor sold 36,048 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $162.36, for a total value 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 approximately $40,818,765.24. This represents a 12.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Stephen Andrew Cohen sold 308,635 shares of Palantir Technologies stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction of $50,613,053.65. Following the transaction, the insider directly owned 592 shares in the company, valued at $97,082.08. This represents a 99.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,023,444 shares of company stock valued at $167,394,629 over the last 90 days. Corporate insiders own 9.23% of the company’s stock.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Phillip Securities initiated coverage with a Buy and $208 price target, highlighting multi‑year revenue and margin upside that supports further upside from here. Palantir (PLTR) Stock: Why This Analyst Sees 25% Upside in 2025
• Positive Sentiment: Top sell‑side voices continue to call Palantir an AI “powerhouse” after Davos discussions and large commercial wins (e.g., Hyundai), which supports momentum into earnings. NVDA, PLTR: Daniel Ives Hails Nvidia and Palantir as AI Powerhouses at Davos
• Positive Sentiment: MarketBeat highlights an institutional‑buying metric bulls watch into earnings — suggesting “smart money” positioning could amplify a beat/guidance upgrade. The One Metric Bulls Watch in Palantir Before Earnings
• Neutral Sentiment: Mizuho reaffirmed a $205 12‑month target while keeping a cautious stance (Hold) — a sign that targets are elevated but some analysts are dialing back conviction. Palantir Stock Targeted at $205 by Mizuho as Growth Slows in 2026
• Neutral Sentiment: CEO comments on the AI cycle (“We’re in a lag right now.”) temper overheated expectations — useful context but not a hard directional signal ahead of earnings. Palantir CEO on the AI bubble: “We’re in a lag right now.”
• Neutral Sentiment: Investors should note the company reports Q4 on Feb. 2 — results and forward guidance will likely be the primary short‑term driver. Should You Buy Palantir Stock Before Feb. 2?
• Negative Sentiment: Valuation critics warn the stock trades at very rich multiples; some analysts (e.g., Jefferies commentary cited in media) see material downside if growth slows — raises risk of sharp pullbacks if guidance disappoints. 2 Ultra-Popular AI Stocks to Sell Before They Drop 53% and 57%, According to Wall Street Analysts
• Negative Sentiment: Near‑term price action shows a recent pullback (down modestly over the past week/month), signaling profit‑taking after a large 12‑month rally — makes Palantir more vulnerable to negative news ahead of earnings. Palantir Technologies Trending as Analysts Weigh Upside

Palantir Technologies Price Performance

NASDAQ:PLTR opened at $169.60 on Friday. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The company has a market cap of $404.23 billion, a PE ratio of 403.82, a PEG ratio of 4.27 and a beta of 1.54. The firm has a 50-day moving average of $176.64 and a 200-day moving average of $173.14.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The business had revenue of $1.18 billion during 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 company’s quarterly revenue was up 62.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.10 EPS. On average, equities research analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on PLTR shares. Weiss Ratings cut Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, January 15th. CICC Research increased their price target on Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Robert W. Baird lifted their price objective on shares of Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Mizuho boosted their target price on shares of Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Finally, Raymond James Financial reissued a “market perform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $184.07.

About Palantir Technologies

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.