Shilanski & Associates Inc. Takes $3.65 Million Position in Palantir Technologies Inc. $PLTR

Shilanski & Associates Inc. purchased a new position in Palantir Technologies Inc. (NASDAQ:PLTR) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 20,026 shares of the company’s stock, valued at approximately $3,653,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Sax Wealth Advisors LLC lifted its holdings in Palantir Technologies by 113.1% during the third quarter. Sax Wealth Advisors LLC now owns 5,828 shares of the company’s stock valued at $1,063,000 after purchasing an additional 3,093 shares in the last quarter. Kingsman Wealth Management Inc. lifted its stake in Palantir Technologies by 9.3% in the 3rd quarter. Kingsman Wealth Management Inc. now owns 58,674 shares of the company’s stock valued at $10,703,000 after buying an additional 4,981 shares in the last quarter. Ascent Group LLC boosted its holdings in Palantir Technologies by 139.2% in the 3rd quarter. Ascent Group LLC now owns 20,849 shares of the company’s stock worth $3,803,000 after buying an additional 12,132 shares during the last quarter. Sivia Capital Partners LLC increased its stake in Palantir Technologies by 6.3% during the 3rd quarter. Sivia Capital Partners LLC now owns 15,710 shares of the company’s stock worth $2,866,000 after buying an additional 936 shares in the last quarter. Finally, Weaver Capital Management LLC increased its stake in Palantir Technologies by 78.8% during the 3rd quarter. Weaver Capital Management LLC now owns 7,288 shares of the company’s stock worth $1,329,000 after buying an additional 3,213 shares in the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Palantir Technologies

In other news, insider Ryan D. Taylor sold 36,048 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $162.36, for a total value of $5,852,753.28. Following the transaction, the insider owned 251,409 shares of the company’s stock, valued at $40,818,765.24. This represents a 12.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Alexander C. Karp sold 359,325 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 value of $58,925,706.75. Following the transaction, the insider 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. The SEC filing for this sale provides additional information. Insiders sold a total of 1,008,844 shares of company stock valued at $164,750,951 in the last ninety days. 12.93% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PLTR. HSBC lifted their price target on Palantir Technologies from $181.00 to $197.00 and gave the stock a “hold” rating in a research note on Wednesday, November 5th. Cantor Fitzgerald lifted their target price on shares of Palantir Technologies from $155.00 to $198.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Citigroup increased their target price 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. Raymond James Financial restated a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Finally, Piper Sandler upped their price objective on shares of Palantir Technologies from $201.00 to $225.00 and gave the company an “overweight” rating in a research note on Tuesday, November 4th. Five investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $172.28.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: MarketBeat highlights Palantir as a leader in the “application-layer” rotation — pitching PLTR as a revenue-generating AI software winner (sticky platform, Bootcamps, large government contracts such as a $448M Navy ShipOS deal). This supports a narrative of sustainable commercial growth. Article Title
• Positive Sentiment: Zacks argues Palantir is the better AI tech buy versus ARM, citing accelerating revenue, margin improvements and enterprise AI adoption — a near-term positive for investor conviction around growth execution. Article Title
• Positive Sentiment: Zacks’ ROE snapshot notes Palantir’s improving return-on-equity (about 27.6%) and argues heavy platform investment, modular pricing and long contracts position the company for durable returns — reinforcing the long-term thesis. Article Title
• Neutral Sentiment: Several outlets and analysts (Dan Ives/Wedbush mentions, MarketBeat/Zacks features) include Palantir on top AI/tech lists — helpful for flows but not an immediate earnings surprise; these pieces support medium-term interest. Article Title
• Negative Sentiment: Option traders are moderately bearish per coverage of recent flow, indicating increased downside protection demand that can amplify intraday selling. Article Title
• Negative Sentiment: Technical/flow pieces note a recent support break and a short-term selloff — technical traders are watching lower support (~$175), which can trigger additional selling if broken. Article Title
• Negative Sentiment: Several cautious takes flag valuation/“red flags” risks (high multiples vs. revenue, concentration of growth expectations) and reports that notable investors (public reports) are taking short positions — all reasons some investors are trimming exposure. Article Title

Palantir Technologies Trading Down 1.8%

Shares of PLTR opened at $180.84 on Wednesday. Palantir Technologies Inc. has a 12-month low of $63.40 and a 12-month high of $207.52. The firm has a market capitalization of $431.02 billion, a P/E ratio of 430.58, a P/E/G ratio of 7.14 and a beta of 1.50. The firm has a 50-day moving average price of $181.21 and a 200 day moving average price of $168.77.

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