Palantir Technologies Inc. $PLTR is Miller Wealth Advisors LLC’s 8th Largest Position

Miller Wealth Advisors LLC raised its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 11.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,230 shares of the company’s stock after acquiring an additional 5,511 shares during the period. Palantir Technologies comprises approximately 4.1% of Miller Wealth Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Miller Wealth Advisors LLC’s holdings in Palantir Technologies were worth $10,075,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in PLTR. Norges Bank purchased a new position in Palantir Technologies during the second quarter worth about $3,307,457,000. Kingstone Capital Partners Texas LLC bought a new position in shares of Palantir Technologies during the 2nd quarter worth approximately $2,543,888,000. Vanguard Group Inc. boosted its stake in shares of Palantir Technologies by 3.6% in the 2nd 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 last quarter. State Street Corp grew 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 acquiring an additional 6,097,629 shares in the last quarter. Finally, Invesco Ltd. grew its holdings 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 valued at $2,806,182,000 after acquiring an additional 2,838,300 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies Trading Down 2.7%

Shares of Palantir Technologies stock opened at $176.86 on Friday. Palantir Technologies Inc. has a 12-month low of $63.40 and a 12-month high of $207.52. The company has a market cap of $421.53 billion, a price-to-earnings ratio of 421.11, a PEG ratio of 4.57 and a beta of 1.54. The company’s 50-day moving average price is $179.67 and its 200-day moving average price is $170.17.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.Palantir Technologies’s revenue for the quarter was up 62.8% compared to the same quarter last year. During the same period last year, the firm posted $0.10 EPS. On average, sell-side analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Palantir Technologies News Roundup

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

• Positive Sentiment: Truist initiated coverage with a Buy and $223 price target, arguing the company’s AI/defense backlog and contract runway justify upside over the next 12 months. Palantir Is Pulling Back After a Post‑Venezuela Run Higher
• Positive Sentiment: High‑profile supporters and media coverage continue to highlight Palantir’s AI/defense positioning (Jim Cramer expressed confidence), which can support demand from momentum and thematic investors. Jim Cramer on Palantir
• Neutral Sentiment: Market chatter that Palantir’s tech may have been involved in a high‑profile Venezuela operation has driven attention and volume — a catalyst for volatility but uncertain as a durable revenue driver. Palantir Involved in the Capture of Nicolás Maduro?
• Neutral Sentiment: Brokerage consensus sits around a “Hold,” reflecting mixed analyst views: some bullish on backlog and contracts, others cautious on valuation and execution. Consensus Recommendation of “Hold”
• Neutral Sentiment: Policy/regulatory tailwinds like proposed higher U.S. defense spending could help Palantir win more government work, but timing and award sizes remain uncertain. How Does Trump’s Potential $1.5T Defense Budget Impact Palantir
• Negative Sentiment: A veteran analyst publicly warned about reputational and legal risks tied to the Venezuela raid speculation, which can prompt selling from risk‑sensitive investors. Veteran analyst sounds alarm on Palantir stock after Venezuela raid
• Negative Sentiment: Multiple insider and notable investor sales have surfaced this week (director sale ~$616.6k; another insider sale ~$2.18M; Ark/ Cathie Wood sold ~$10.4M), raising concerns about near‑term selling pressure and signaling some insiders/institutions trimming exposure. Insider Selling: Director Sells $616,590 Insider Sells $2,176,200 Cathie Wood Sells $10M in Palantir Stock
• Negative Sentiment: Valuation concerns persist — commentators note Palantir trades at very high multiples (extremely elevated P/E and price‑to‑sales relative to peers), which raises downside risk if growth slows or execution falters. Englander Sells Palantir
• Negative Sentiment: Recent intraday pullback and a negative session note (Zacks) reflect profit‑taking after a strong 2025 run; momentum traders may be exiting into the volatility. PLTR Stock Slides as Market Rises

Wall Street Analysts Forecast Growth

PLTR has been the topic of a number of recent analyst reports. Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. HSBC boosted their price target on shares of Palantir Technologies from $181.00 to $197.00 and gave the stock a “hold” rating in a report on Wednesday, November 5th. Zacks Research raised shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. Daiwa Capital Markets lifted their price target on shares of Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Finally, UBS Group increased their price objective on Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. One investment 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $174.69.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Ryan D. Taylor sold 12,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the completion of the sale, the insider directly owned 239,409 shares in the company, valued at $43,416,822.15. This represents a 4.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Jeffrey Buckley sold 1,252 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $157.50, for a total value of $197,190.00. Following the transaction, the insider directly owned 47,044 shares in the company, valued at $7,409,430. This trade represents a 2.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,023,444 shares of company stock worth $167,394,629. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies Company 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.