Palantir Technologies Inc. $PLTR Shares Purchased by Norden Group LLC

Norden Group LLC boosted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 33.3% in the third quarter, HoldingsChannel.com reports. The fund owned 20,453 shares of the company’s stock after purchasing an additional 5,108 shares during the period. Norden Group LLC’s holdings in Palantir Technologies were worth $3,731,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of PLTR. Signature Resources Capital Management LLC purchased a new position in shares of Palantir Technologies in the second quarter valued at approximately $25,000. Wealth Preservation Advisors LLC acquired a new stake in Palantir Technologies during the 1st quarter worth approximately $27,000. 1248 Management LLC purchased a new position in Palantir Technologies in the 1st quarter valued at approximately $27,000. Briaud Financial Planning Inc purchased a new position in Palantir Technologies in the 2nd quarter valued at approximately $27,000. Finally, LFA Lugano Financial Advisors SA acquired a new position in shares of Palantir Technologies in the second quarter worth $27,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Palantir Technologies Stock Performance

PLTR opened at $193.95 on Thursday. Palantir Technologies Inc. has a one year low of $63.40 and a one year high of $207.52. The company has a market cap of $462.27 billion, a P/E ratio of 461.80, a PEG ratio of 7.53 and a beta of 1.49. The business’s 50-day simple moving average is $180.65 and its 200-day simple moving average is $167.07.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on PLTR shares. Robert W. Baird lifted their target price on Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Jefferies Financial Group restated an “underperform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. CICC Research lifted their price objective on Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th. Northland Securities upped their target price on shares of Palantir Technologies from $14.00 to $18.50 in a research note on Tuesday, November 4th. Finally, UBS Group raised their target price on shares of Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. 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, Palantir Technologies presently has an average rating of “Hold” and a consensus price target of $172.28.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Wedbush upgraded/expressed strong enthusiasm for Palantir’s AI platform, calling it a potential game‑changer for enterprise AI — a catalyst cited by traders who’ve been driving recent gains. PLTR: Palantir Surges on Wedbush Call, AI Platform Seen as Game‑Changer
• Positive Sentiment: BofA reiterated a Buy after investor meetings with Palantir execs and kept a high $255 price target, reinforcing the bull case around AI adoption and international commercial traction. BofA Reiterates Buy on Palantir (PLTR) After Investor Meetings
• Positive Sentiment: Multiple bullish price targets and analyst notes (median target around $200; some well above) fuel momentum and give traders targets to chase into 2026. Palantir: When Solid Fundamentals Are Not Enough
• Positive Sentiment: Ongoing large government deals and reported award payments support the revenue runway and justify premium multiples for growth‑oriented investors. Analysts cite these contract wins in bullish forecasts. PLTR Military Deals & AI Scrutiny
• Neutral Sentiment: Numerous media pieces and price‑prediction articles (24/7 Wall St., TipRanks, Seeking Alpha) are amplifying both upside scenarios and downside risk, increasing retail interest and trading volume volatility into year‑end. Will Palantir Continue to Skyrocket in 2026?
• Neutral Sentiment: Short‑interest data reported appears anomalous (shows zero), so it’s not a clear driver; ignore noisy/incorrect short‑interest reads until confirmed by official exchanges. (No reliable link — data flagged as NaN/0.)
• Negative Sentiment: Significant insider selling has been reported across senior executives over recent months — a headline that can sap investor confidence and prompt profit‑taking. Palantir Opinions on AI Platform Growth (Quiver summary)
• Negative Sentiment: Notable investors such as Stanley Druckenmiller have sold PLTR, and coverage noting Michael Burry’s warnings on tech/AI excesses has added caution among value and event‑driven funds. Billionaire Stanley Druckenmiller Sold Nvidia and Palantir
• Negative Sentiment: Valuation scrutiny is intensifying after PLTR’s sharp multi‑year rally; several analysts warn that high multiples raise downside risk if execution or growth guidance slips. Palantir (PLTR) Valuation Check After a Powerful Multi‑Year Share Price Surge

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 308,635 shares of the firm’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 of the company’s stock, valued at approximately $97,082.08. This trade represents a 99.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ryan D. Taylor sold 36,048 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $162.36, for a total value of $5,852,753.28. Following the completion of the sale, the insider directly owned 251,409 shares of the company’s stock, valued at $40,818,765.24. The trade was a 12.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,008,844 shares of company stock worth $164,750,951. Insiders own 9.23% of the company’s stock.

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.