Palantir Technologies Inc. $PLTR Shares Sold by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC cut its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 20.7% during the 3rd quarter, Holdings Channel reports. The firm owned 24,214 shares of the company’s stock after selling 6,327 shares during the period. Capital Investment Advisory Services LLC’s holdings in Palantir Technologies were worth $4,417,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings 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 valued at $28,043,432,000 after acquiring an additional 7,194,216 shares during the period. State Street Corp lifted its holdings in shares of 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 purchasing an additional 6,097,629 shares in the last quarter. Norges Bank purchased a new stake in Palantir Technologies in the 2nd quarter worth about $3,307,457,000. Invesco Ltd. lifted its position in shares of Palantir Technologies by 16.0% in the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock worth $2,806,182,000 after purchasing an additional 2,838,300 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of 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 valued at $1,914,238,000 after buying an additional 427,840 shares during the period. Institutional investors and hedge funds own 45.65% of the company’s stock.

Insiders Place Their Bets

In related news, insider Stephen Andrew Cohen sold 308,635 shares of the business’s stock in a transaction dated 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 owned 592 shares in the company, valued at $97,082.08. The trade was a 99.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider David A. Glazer sold 15,557 shares of the business’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 $2,551,192.43. Following the completion of the sale, the insider directly owned 415,612 shares in the company, valued at $68,156,211.88. This trade represents a 3.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,023,844 shares of company stock worth $167,455,085. 9.23% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on PLTR shares. Jefferies Financial Group set a $208.00 price target on Palantir Technologies in a report on Thursday, January 22nd. Piper Sandler reaffirmed an “overweight” rating and issued a $230.00 target price on shares of Palantir Technologies in a research note on Tuesday. The Goldman Sachs Group lowered their target price on Palantir Technologies from $188.00 to $182.00 in a research note on Tuesday. Cantor Fitzgerald reiterated a “neutral” rating on shares of Palantir Technologies in a report on Tuesday. Finally, Phillip Securities began coverage on Palantir Technologies in a research note on Thursday, January 22nd. They set a “buy” rating and a $208.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $191.95.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Blowout Q4 results and upbeat guidance — Palantir reported ~ $1.4B revenue (≈70% YoY) and raised forward guidance, which triggered the initial rally as investors cheered accelerating U.S. commercial sales and large deal wins. Read More.
• Positive Sentiment: Multiple broker upgrades and higher targets — Firms including HSBC, Deutsche Bank and others tightened coverage and raised price targets, supporting near‑term buy momentum. Read More.
• Positive Sentiment: New commercial partnerships and enterprise traction — Palantir announced strategic partnerships (e.g., Cognizant) and management highlighted outsized U.S. commercial growth, reinforcing revenue durability. Read More.
• Neutral Sentiment: Analysts raising near‑term estimates — Northland Securities boosted quarterly and multi‑year EPS/earnings models and set an Outperform/$190 target; useful for modeling but not a consensus buy signal. Read More.
• Neutral Sentiment: Minor director insider sale disclosed — A director sold 400 shares (small holding change) — worth noting for ownership trends but not a major red flag by itself. Read More.
• Negative Sentiment: CEO/insider selling headlines — Coverage flagged that CEO Alex Karp sold large amounts of stock over recent years (~$2.2B noted in reports), which rekindled concerns about insider liquidity and investor sentiment. Read More.
• Negative Sentiment: Profit‑taking and broader AI/tech pullback — After the big Q4 move, momentum investors rotated out of high‑beta AI winners into cheaper names, causing short‑term selling pressure. Read More.
• Negative Sentiment: Some sell‑side trimming — A few firms trimmed targets or expressed caution (DA Davidson, others), which amplified the pullback despite the strong quarter. Read More.

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $130.01 on Friday. The stock’s 50 day moving average price is $174.49 and its two-hundred day moving average price is $173.19. The stock has a market capitalization of $309.87 billion, a price-to-earnings ratio of 206.37, a PEG ratio of 3.35 and a beta of 1.64. Palantir Technologies Inc. has a 52-week low of $66.12 and a 52-week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a net margin of 36.31% and a return on equity of 23.81%. The firm’s revenue for the quarter was up 70.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.14 earnings per share. On average, equities research analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current year.

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.