Sequoia Financial Advisors LLC Decreases Stock Position in Palantir Technologies Inc. $PLTR

Sequoia Financial Advisors LLC lowered its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 20.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 234,910 shares of the company’s stock after selling 60,458 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Palantir Technologies were worth $42,852,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of PLTR. Decker Retirement Planning Inc. grew its stake in Palantir Technologies by 778.7% during the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock valued at $11,187,000 after purchasing an additional 54,347 shares during the last quarter. Vanguard Group Inc. boosted its position in 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 buying an additional 7,194,216 shares during the last quarter. Truist Financial Corp increased its holdings in Palantir Technologies by 4.2% in the 2nd quarter. Truist Financial Corp now owns 537,000 shares of the company’s stock worth $73,204,000 after buying an additional 21,809 shares during the period. Prentice Wealth Management LLC purchased a new position in Palantir Technologies during the 3rd quarter worth approximately $550,000. Finally, Watershed Private Wealth LLC boosted its holdings in shares of Palantir Technologies by 75.3% in the 3rd quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock valued at $1,423,000 after acquiring an additional 3,350 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently issued reports on PLTR. DA Davidson raised their target price on shares of Palantir Technologies from $170.00 to $215.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Cantor Fitzgerald lifted their price objective on Palantir Technologies from $155.00 to $198.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Northland Securities upped their target price on Palantir Technologies from $14.00 to $18.50 in a research note on Tuesday, November 4th. Daiwa Capital Markets boosted their price target on Palantir Technologies from $178.00 to $200.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a research note on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $175.88.

Palantir Technologies Stock Down 3.5%

PLTR opened at $170.96 on Friday. The company has a 50-day moving average price of $178.13 and a 200 day moving average price of $172.02. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52. The company has a market cap of $407.47 billion, a PE ratio of 407.06, a price-to-earnings-growth ratio of 4.30 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, topping analysts’ consensus estimates 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 analyst estimates of $1.09 billion. During the same period in the previous year, the company posted $0.10 earnings per share. The business’s revenue was up 62.8% on a year-over-year basis. As a group, sell-side analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insiders Place Their Bets

In other Palantir Technologies news, insider Jeffrey Buckley sold 1,252 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $157.50, for a total transaction of $197,190.00. Following the completion of the sale, the insider owned 47,044 shares of the company’s stock, valued at $7,409,430. This trade represents a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David A. Glazer sold 9,000 shares of the business’s stock in a transaction on 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 $76,899,626.49. This represents a 2.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,023,444 shares of company stock valued at $167,394,629. 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: JPMorgan CEO Jamie Dimon visited Palantir’s D.C. offices — a high‑profile meeting that signals potential deeper engagement from a major bank and underscores demand for Palantir’s enterprise/financial use cases. JPMorgan CEO Jamie Dimon Visits Palantir — Wall Street Meets The War Room
• Positive Sentiment: Analyst coverage and guidance: Truist initiated a Buy with a $223 target and Palantir has raised U.S. commercial revenue guidance, highlighting strong enterprise AI demand and better revenue/cash‑flow visibility. These support the bull case that growth can justify premium multiples. Where is Palantir Technologies Inc. (PLTR) Headed According to Analysts?
• Positive Sentiment: Zacks and other outlets highlight Palantir’s commercial surge and raised outlooks, reinforcing the company’s ability to convert AI demand into revenue growth — a key fundamental support for the stock. Can Palantir’s Commercial Surge Sustain PLTR’s Next Leg of Growth?
• Neutral Sentiment: Deep‑dive pieces (The Motley Fool, MarketBeat) reiterate Palantir’s strong execution and unique AI positioning but stress the valuation risk; these balanced takes can slow momentum by encouraging profit‑taking or selective new buying. Is Palantir Stock a Buy in 2026?
• Neutral Sentiment: Market commentary this week grouped Palantir with other high‑growth names under extra scrutiny as investors reassess valuations even while macro data remains supportive—expect volatility around earnings and guidance cycles. How Concerned Should Investors Be About Palantir Stock?
• Negative Sentiment: Reputational/regulatory risk: reporting on Palantir’s ELITE app (used in real‑time ICE operations) is generating negative headlines that can spur political and customer sensitivity, increasing the risk of contract scrutiny or loss in certain verticals. Palantir’s Tool Powering Real-Time ICE Raids: ELITE
• Negative Sentiment: Large‑holder activity: ARK (Cathie Wood) has trimmed PLTR exposure again this month — selling by a well‑known, concentrated holder can amplify down‑days and encourage short‑term liquidity pressure. Cathie Wood Is Trimming Her Palantir Stake Again. How Should You Play PLTR in January 2026?
• Negative Sentiment: Short‑term price action: coverage noting an early‑January pullback and warnings that the stock trades at a very high P/E create headwinds for new entrants and can trigger rotation out of high‑multiple names. Palantir Stock Falls Hard to Start 2026. Here’s What Investors Need to Know

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.