Palantir Technologies Inc. $PLTR Shares Sold by Milestone Asset Management LLC

Milestone Asset Management LLC lessened its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 24.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,378 shares of the company’s stock after selling 5,890 shares during the quarter. Milestone Asset Management LLC’s holdings in Palantir Technologies were worth $3,353,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Norges Bank acquired a new position in Palantir Technologies during the second quarter worth about $3,307,457,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of Palantir Technologies during the 2nd quarter worth approximately $2,543,888,000. Vanguard Group Inc. grew its position 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 valued at $28,043,432,000 after purchasing an additional 7,194,216 shares in the last quarter. State Street Corp lifted its position in Palantir Technologies by 6.9% during the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after buying an additional 6,097,629 shares in the last quarter. Finally, Amundi boosted its stake in Palantir Technologies by 56.1% during the first quarter. Amundi now owns 10,620,301 shares of the company’s stock worth $887,857,000 after buying an additional 3,815,386 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Raymond James Financial reaffirmed a “market perform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. Bank of America lifted their target price on shares of Palantir Technologies from $215.00 to $255.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Jefferies Financial Group reiterated an “underperform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. Robert W. Baird raised their price target on shares of Palantir Technologies from $170.00 to $200.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Finally, Citigroup lifted their price target on shares of Palantir Technologies from $190.00 to $210.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Five equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $172.28.

Insider Activity

In related news, insider Shyam Sankar sold 149,872 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 $24,577,509.28. Following the completion of the transaction, the insider directly owned 642,786 shares in the company, valued at $105,410,476.14. This trade represents a 18.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Alexander C. Karp sold 359,325 shares of Palantir Technologies stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $58,925,706.75. Following the completion of the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $1,054,825,989.42. This represents a 5.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,008,844 shares of company stock worth $164,750,951 in the last quarter. Insiders own 9.23% of the company’s stock.

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $193.95 on Thursday. The company has a market capitalization of $462.27 billion, a PE ratio of 461.80, a price-to-earnings-growth ratio of 7.53 and a beta of 1.49. Palantir Technologies Inc. has a fifty-two week low of $63.40 and a fifty-two week high of $207.52. The firm has a 50 day moving average price of $180.65 and a 200 day moving average price of $167.07.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, topping 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 company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the prior year, the firm earned $0.10 earnings per share. The firm’s revenue was up 62.8% compared to the same quarter last year. As a group, equities research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

More Palantir Technologies News

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

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.