Palantir Technologies Inc. $PLTR Shares Sold by Swedbank AB

Swedbank AB lessened its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 3.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 951,801 shares of the company’s stock after selling 35,634 shares during the period. Swedbank AB’s holdings in Palantir Technologies were worth $173,628,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Palantir Technologies by 3.6% in the second 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 in the last quarter. State Street Corp grew its stake in Palantir Technologies by 6.9% during the 2nd 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. Norges Bank acquired a new stake in Palantir Technologies in the 2nd quarter valued at about $3,307,457,000. Invesco Ltd. lifted its stake in Palantir Technologies by 16.0% in the 2nd 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, Kingstone Capital Partners Texas LLC acquired a new position in shares of Palantir Technologies during the 2nd quarter worth approximately $2,543,888,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: BofA reiterated a “Buy” after management meetings in South Korea and raised its confidence in Palantir’s AI adoption and commercial pipeline; that institutional support is a clear near‑term positive for the stock. BofA Reiterates Buy
• Positive Sentiment: Accenture formed a new AI partnership with Palantir to accelerate enterprise deployments — a strategic commercial channel that can accelerate AIP adoption and recurring revenue. Accenture Partnership
• Positive Sentiment: Big government/military deals were highlighted (including recent large U.S. Army/Navy awards cited in coverage), reinforcing Palantir’s sticky ARR profile and “land‑and‑expand” potential. Contract visibility is supporting investor confidence. Military Deals & AI Scrutiny
• Positive Sentiment: Institutional accumulation and bullish analyst price targets (several firms with targets around $200+, some higher) are backing the rally — filings show major funds adding large PLTR positions, which can sustain momentum. Quiver Quant Views
• Neutral Sentiment: MarketBeat and other outlets argue Palantir is becoming core AI infrastructure (AIP adoption, commercial growth, government ARR) — bullish thesis but assumes execution continues. MarketBeat: 3 Reasons
• Neutral Sentiment: Analyst/peer comparisons (C3.ai, Oracle, etc.) highlight that Palantir is well‑positioned in enterprise AI but faces differentiated execution paths — useful context for longer‑term positioning. C3.ai vs Palantir
• Negative Sentiment: Billionaire Stanley Druckenmiller reportedly sold his Palantir stake and reallocated to other sectors — a high‑profile sale that can rattle sentiment among momentum traders. Druckenmiller Sold PLTR
• Negative Sentiment: Michael Burry and other commentators have flagged valuation risks and made bearish calls on the name — coverage suggests downside scenarios if growth cools or multiple compresses. Michael Burry Warning
• Negative Sentiment: Heavy insider selling and frequent sales by executives have been highlighted repeatedly — this raises governance/flow questions that can pressure sentiment during pullbacks. Insider Selling Data

Insiders Place Their Bets

In related news, insider Jeffrey Buckley sold 1,252 shares of the stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $157.50, for a total transaction of $197,190.00. Following the completion of the transaction, the insider owned 47,044 shares of the company’s stock, valued at approximately $7,409,430. This trade represents a 2.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider David A. Glazer sold 9,000 shares of Palantir Technologies stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $185.91, for a total transaction of $1,673,190.00. Following the completion of the sale, the insider owned 413,639 shares of the company’s stock, valued at $76,899,626.49. This trade represents a 2.13% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,008,844 shares of company stock worth $164,750,951. Insiders own 12.93% of the company’s stock.

Analyst Ratings Changes

PLTR has been the subject of several recent research reports. Royal Bank Of Canada increased their price target on Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a report on Tuesday, November 4th. Weiss Ratings restated a “buy (b-)” rating on shares of Palantir Technologies in a report on Monday. Northland Securities lifted their price target on Palantir Technologies from $14.00 to $18.50 in a report on Tuesday, November 4th. Robert W. Baird boosted their price target on shares of Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Finally, UBS Group raised their price objective on shares of Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Five investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Palantir Technologies presently has an average rating of “Hold” and an average target price of $172.28.

Palantir Technologies Stock Up 0.1%

Shares of Palantir Technologies stock opened at $194.13 on Wednesday. The firm has a market cap of $462.70 billion, a PE ratio of 462.23, a price-to-earnings-growth ratio of 7.52 and a beta of 1.49. Palantir Technologies Inc. has a 52 week low of $63.40 and a 52 week high of $207.52. The business’s fifty day simple moving average is $180.36 and its 200-day simple moving average is $166.88.

Palantir Technologies (NASDAQ:PLTR) last issued 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 firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. Palantir Technologies’s revenue was up 62.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.10 EPS. As a group, equities analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

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.