Western Financial Corp CA increased its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 12.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,738 shares of the company’s stock after buying an additional 4,856 shares during the period. Palantir Technologies comprises 3.4% of Western Financial Corp CA’s portfolio, making the stock its 4th largest holding. Western Financial Corp CA’s holdings in Palantir Technologies were worth $7,796,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Signature Resources Capital Management LLC purchased a new stake in shares of Palantir Technologies during the 2nd quarter worth approximately $25,000. Briaud Financial Planning Inc acquired a new position in Palantir Technologies during the second quarter worth $27,000. LFA Lugano Financial Advisors SA acquired a new position in Palantir Technologies during the second quarter worth $27,000. Frazier Financial Advisors LLC purchased a new stake in Palantir Technologies during the second quarter worth $28,000. Finally, Delos Wealth Advisors LLC acquired a new stake in Palantir Technologies in the second quarter valued at $29,000. 45.65% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Palantir Technologies news, insider Stephen Andrew Cohen sold 39,136 shares of Palantir Technologies stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $156.25, for a total value of $6,115,000.00. Following the completion of the sale, the insider owned 592 shares in the company, valued at $92,500. The trade was a 98.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Ryan D. Taylor sold 36,048 shares of the company’s stock in a transaction dated 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 approximately $40,818,765.24. This represents a 12.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,008,044 shares of company stock valued at $164,601,839. 9.23% of the stock is currently owned by company insiders.
Palantir Technologies Price Performance
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its quarterly earnings data on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 28.11% and a return on equity of 15.48%. The company’s quarterly revenue was up 62.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.10 earnings per share. On average, analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current year.
Trending Headlines about Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Zacks added PLTR to its Rank #1 (Strong Buy) list, which can attract buying interest from momentum-focused and institutional investors. New Strong Buy Stocks for January 2nd
- Positive Sentiment: 247WallStreet argues there’s still room to run for PLTR based on recent commercial/government AI deployments and momentum — a narrative that supports buy-the-dip trading strategies. Palantir Stock Is Coming Back. 1 Reason There’s More Room to Run
- Neutral Sentiment: MarketBeat’s take frames PLTR as a maturing AI/software compounder — bullish long-term but likely to see consolidation and choppy trading as valuation now prices in high future growth. This shifts investor tactics toward buy-and-hold with tactical dip buying. Palantir Has Grown Up Fast: What Does That Mean for 2026?
- Neutral Sentiment: Sector tailwinds for AI (January-effect commentary) could help PLTR over time, but near-term flows are favoring chip names like NVDA — a mixed signal for software names. 3 AI Stocks Poised to Surge on the January Effect
- Negative Sentiment: The Motley Fool and other outlets point to profit-taking after PLTR’s 135%+ jump in 2025 and a rotation out of software into chips as the main drivers of today’s sell-off. That explains much of the short-term weakness. Why Palantir Fell Hard To Start 2026
- Negative Sentiment: Technically, PLTR has tested key support near ~$175 after the run-up, raising the risk of deeper pullbacks if selling persists. Traders will watch those levels and the 50-day moving average for sign of stabilization. Palantir Slips Friday: AI Darling Tests Key $175 Support Level After Historic 2025 Run
- Negative Sentiment: Forbes highlights recurring downside risk — PLTR has experienced several rapid >30% drawdowns historically — a reminder that elevated valuation and concentrated retail interest can amplify volatility. Risks That Palantir Stock Investors Must Know
Analysts Set New Price Targets
Several research analysts have recently issued reports on the company. Northland Securities lifted their price target on Palantir Technologies from $14.00 to $18.50 in a research note on Tuesday, November 4th. HSBC raised their target price on shares of Palantir Technologies from $181.00 to $197.00 and gave the company a “hold” rating in a report on Wednesday, November 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Palantir Technologies in a report on Monday, December 29th. Royal Bank Of Canada raised their price objective on shares of Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a research note on Tuesday, November 4th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $172.28.
View Our Latest Research Report on PLTR
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.
See Also
- Five stocks we like better than Palantir Technologies
- A month before the crash
- Do not delete, read immediately
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
- ALERT: Drop these 5 stocks before January 2026!
- Market Panic: Trump Just Dropped a Bomb on Your Stocks
Receive News & Ratings for Palantir Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palantir Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
