Palantir Technologies Inc. $PLTR is Legal Advantage Investments Inc.’s 8th Largest Position

Legal Advantage Investments Inc. decreased its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 13.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,175 shares of the company’s stock after selling 6,275 shares during the period. Palantir Technologies makes up 3.2% of Legal Advantage Investments Inc.’s investment portfolio, making the stock its 8th largest holding. Legal Advantage Investments Inc.’s holdings in Palantir Technologies were worth $7,146,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in 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 purchasing an additional 7,194,216 shares during the period. Truist Financial Corp lifted its position in Palantir Technologies by 4.2% during the second quarter. Truist Financial Corp now owns 537,000 shares of the company’s stock valued at $73,204,000 after buying an additional 21,809 shares during the period. Prentice Wealth Management LLC bought a new stake in shares of Palantir Technologies during the 3rd quarter valued at $550,000. State of Michigan Retirement System boosted its holdings in shares of Palantir Technologies by 1.3% during the 2nd quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock valued at $127,923,000 after buying an additional 12,300 shares in the last quarter. Finally, Presilium Private Wealth LLC purchased a new stake in shares of Palantir Technologies in the 2nd quarter worth about $204,000. 45.65% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on PLTR. Jefferies Financial Group reissued an “underperform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Robert W. Baird raised their target price on shares of Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Citigroup boosted their price target on Palantir Technologies from $190.00 to $210.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. The Goldman Sachs Group raised their price objective on Palantir Technologies from $141.00 to $188.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Finally, Cantor Fitzgerald lifted their price objective on Palantir Technologies from $155.00 to $198.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Five investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Palantir Technologies has an average rating of “Hold” and a consensus price target of $172.28.

Palantir Technologies Stock Down 2.4%

NASDAQ:PLTR opened at $184.18 on Tuesday. The stock has a market cap of $438.98 billion, a price-to-earnings ratio of 438.53, a PEG ratio of 7.32 and a beta of 1.50. The company’s 50 day moving average price is $181.23 and its 200-day moving average price is $168.46. Palantir Technologies Inc. has a 52 week low of $63.40 and a 52 week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last released 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. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The business 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 posted $0.10 EPS. The firm’s quarterly revenue was up 62.8% on a year-over-year basis. As a group, sell-side analysts anticipate 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: Market rotation into AI application-layer winners highlights Palantir as a top execution-focused play with big commercial growth, recurring government contracts and sticky enterprise adoption — a bullish narrative that attracts institutional flows. Article Title
• Positive Sentiment: Wedbush analyst Dan Ives named Palantir among his top AI/tech names for 2026, which can support demand from growth-oriented funds and momentum traders. Article Title
• Positive Sentiment: High-profile bulls including Jim Cramer continue to publicly back Palantir, reinforcing retail interest and momentum buying. Article Title
• Positive Sentiment: Institutional accumulation, S&P 500 inclusion and large government contract awards (hundreds of millions in recent payouts) underpin revenue visibility and help explain the stock’s strong 2025 gains. Article Title
• Neutral Sentiment: Momentum stories note PLTR is up roughly 145–150% in 2025, which attracts attention but also concentrates risk if sentiment shifts. These pieces summarize the rally rather than create new catalysts. Article Title
• Neutral Sentiment: Debate pieces ask if PLTR remains a buy after its run — they balance growth credentials against rich multiples and are keeping analysts divided. Article Title
• Negative Sentiment: Options activity shows moderately bearish positioning, indicating traders are hedging or betting on near-term weakness — pressure that can accelerate declines on a risk-off day. Article Title
• Negative Sentiment: Analyst and commentary pieces flag valuation and three specific red flags for 2026 (execution risks, heavy insider selling and elevated multiples), which could weigh on sentiment and analyst targets. Article Title
• Negative Sentiment: Calls out of caution: Seeking Alpha warns of potential disruption risk in 2026, while reports note major insider sales and at least one notable short (Michael Burry), all factors that can amplify downside in volatile sessions. Article Title Article Title

Insider Activity

In related news, insider Stephen Andrew Cohen sold 308,635 shares of the stock in a transaction on 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 sale, the insider directly owned 592 shares of the company’s stock, valued at $97,082.08. This trade represents a 99.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider David A. Glazer sold 15,557 shares of Palantir Technologies stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $2,551,192.43. Following the completion of the sale, the insider owned 415,612 shares of the company’s stock, valued at $68,156,211.88. The trade was a 3.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,008,844 shares of company stock valued at $164,750,951. Corporate insiders own 12.93% 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.