Patton Fund Management Inc. Sells 6,984 Shares of Palantir Technologies Inc. $PLTR

Patton Fund Management Inc. lessened its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 24.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 21,526 shares of the company’s stock after selling 6,984 shares during the quarter. Palantir Technologies makes up approximately 0.7% of Patton Fund Management Inc.’s portfolio, making the stock its 27th biggest position. Patton Fund Management Inc.’s holdings in Palantir Technologies were worth $3,927,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Revolve Wealth Partners LLC bought a new position in Palantir Technologies in the fourth quarter valued at $450,000. Bison Wealth LLC boosted its holdings in shares of Palantir Technologies by 37.4% in the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after purchasing an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC boosted its holdings in shares of Palantir Technologies by 38.0% in the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock worth $1,447,000 after purchasing an additional 4,722 shares in the last quarter. Capital Analysts LLC increased its position in shares of Palantir Technologies by 97.1% during the 1st quarter. Capital Analysts LLC now owns 406 shares of the company’s stock valued at $34,000 after purchasing an additional 200 shares during the last quarter. Finally, CW Advisors LLC raised its holdings in shares of Palantir Technologies by 157.8% during the 1st quarter. CW Advisors LLC now owns 22,075 shares of the company’s stock valued at $1,914,000 after buying an additional 13,512 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on PLTR shares. Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. Daiwa Capital Markets lifted their target price on shares of Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Cantor Fitzgerald upped their price target on shares of Palantir Technologies from $155.00 to $198.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Finally, Citigroup lifted their price objective on Palantir Technologies from $190.00 to $210.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Five analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $172.28.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: BofA reiterated its “Buy” rating after investor meetings with Palantir management and maintained a $255 price target, citing strong AI adoption and product traction—this institutional endorsement supports upside expectations. BofA Reiterates Buy on Palantir (PLTR) After Investor Meetings, Sees Strong AI Adoption
• Positive Sentiment: Accenture and Palantir announced the new Accenture Palantir Business Group to accelerate enterprise AI deployments—this partnership can broaden Palantir’s commercial reach and speed customer adoption. Accenture and Palantir Form New AI Partnership to Accelerate Enterprise Transformation
• Positive Sentiment: Market commentary highlights Palantir’s AIP platform, accelerating commercial revenue (U.S. commercial growth >120% YOY) and expanding government ARR—fundamentals that justify bullish long‑term theses. 3 Reasons Palantir Is Unavoidable in AI Infrastructure by 2026
• Positive Sentiment: Momentum pieces and price‑forecast coverage note recent strong weekly gains and multi‑year upside scenarios, supporting continued investor interest and window‑dressing flows. Palantir Technologies (NASDAQ: PLTR) Price Prediction and Forecast 2025-2030 for December 23
• Neutral Sentiment: Comparative and sector pieces (vs. Digital Turbine, Oracle, Nvidia, UiPath) are running; these frame Palantir as a top AI infrastructure name but also highlight competition—useful for relative allocation decisions. Digital Turbine (NASDAQ:APPS) versus Palantir Technologies (NASDAQ:PLTR) Head to Head Comparison
• Neutral Sentiment: Personal news: CEO Alex Karp bought a Colorado monastery property—not material to operations but may attract short‑term media attention. Palantir CEO Alex Karp buys 68-year-old Colorado monastery on 3,700 acres for whopping $120 million
• Negative Sentiment: High‑profile skepticism persists: Michael Burry and others have signaled large put positions or warned about Palantir’s rich valuation, creating downside risk if growth slows or multiples re‑rate. This Michael Burry Warning Could Be Bigger Than His Short Call on Palantir
• Negative Sentiment: Analyst caution and “will it crash” narratives emphasize the stock’s very high valuation and the challenge of sustaining 2025‑style growth into 2026—these narratives can pressure the stock if macro or execution risks emerge. Will Palantir Stock Crash in 2026?

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 19,004 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $156.25, for a total value of $2,969,375.00. Following the completion of the sale, the insider directly owned 642,786 shares in the company, valued at $100,435,312.50. This trade represents a 2.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Jeffrey Buckley sold 1,252 shares of Palantir Technologies stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $157.50, for a total value of $197,190.00. Following the sale, the insider directly owned 47,044 shares in the company, valued at approximately $7,409,430. The trade was a 2.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,008,844 shares of company stock worth $164,750,951. 12.93% of the stock is owned by corporate insiders.

Palantir Technologies Stock Performance

NASDAQ PLTR opened at $193.98 on Tuesday. Palantir Technologies Inc. has a fifty-two week low of $63.40 and a fifty-two week high of $207.52. The stock has a market cap of $462.34 billion, a P/E ratio of 461.87, a price-to-earnings-growth ratio of 7.50 and a beta of 1.50. The stock has a 50 day simple moving average of $180.07 and a two-hundred day simple moving average of $166.41.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The company 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 firm’s revenue for the quarter was up 62.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.10 earnings per share. Sell-side analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

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.