Udine Wealth Management Inc. Reduces Stock Position in Palantir Technologies Inc. $PLTR

Udine Wealth Management Inc. lessened its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 15.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,927 shares of the company’s stock after selling 3,707 shares during the period. Palantir Technologies comprises approximately 1.8% of Udine Wealth Management Inc.’s holdings, making the stock its 15th largest holding. Udine Wealth Management Inc.’s holdings in Palantir Technologies were worth $3,818,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Lionshead Wealth Management LLC grew its position in shares of Palantir Technologies by 0.4% in the 3rd quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock worth $2,395,000 after buying an additional 56 shares during the last quarter. Ellenbecker Investment Group lifted its stake in Palantir Technologies by 3.6% in the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock worth $295,000 after acquiring an additional 57 shares during the period. Traveka Wealth LLC lifted its stake in Palantir Technologies by 1.6% in the third quarter. Traveka Wealth LLC now owns 3,695 shares of the company’s stock worth $674,000 after acquiring an additional 57 shares during the period. Market Street Wealth Management Advisors LLC boosted its holdings in Palantir Technologies by 4.0% in the third quarter. Market Street Wealth Management Advisors LLC now owns 1,539 shares of the company’s stock valued at $281,000 after acquiring an additional 59 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its position in Palantir Technologies by 3.4% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 1,837 shares of the company’s stock valued at $335,000 after purchasing an additional 60 shares during the period. Institutional investors own 45.65% of the company’s stock.

Key Palantir Technologies News

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

• Positive Sentiment: Citi and other analysts have raised price targets and upgraded PLTR, highlighting strong AI-driven demand across public and private customers; those upgrades have supported buyer interest and higher targets. Palantir Technologies (NASDAQ:PLTR) Raised to Buy at Citigroup
• Positive Sentiment: High-profile bullish commentary — including Jim Cramer expressing confidence in Palantir’s management — reinforces investor conviction and can sustain momentum among retail and institutional holders. Jim Cramer Says He Believes in Palantir (PLTR)’s Management
• Neutral Sentiment: Longer-term bullish fundamentals remain: expanding commercial revenue, S&P/Nasdaq index inclusion and strong recent earnings growth underpin a higher consensus price target — but expectations are lofty. How Concerned Should Investors Be About Palantir Stock?
• Neutral Sentiment: Analyst and media comparisons (e.g., Micron vs. Palantir) highlight different AI exposure, valuation and risk profiles — useful for relative allocation decisions but not an immediate price driver. Micron vs Palantir: Which AI Stock Is the Better Buy for 2026?
• Negative Sentiment: Legal dispute with AI startup Percepta is generating negative headlines and pushback from the defendant, which raises regulatory/PR risk and could distract management or increase legal costs. Investors are watching for escalation and rulings. Palantir is trying to ‘destroy’ Percepta through legal action, startup’s execs say in filing
• Negative Sentiment: Percepta and other coverage accuse Palantir of aggressive legal tactics; that narrative can amplify short-term selling pressure, especially amid rotation away from richly valued AI names. AI Startup Percepta Slams Palantir’s ‘Baseless’ Lawsuit

Wall Street Analyst Weigh In

Several brokerages have commented on PLTR. Bank of America upped their price objective on shares of Palantir Technologies from $215.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Wall Street Zen cut shares of Palantir Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of Palantir Technologies in a research note on Monday, December 29th. HSBC lifted their price objective on Palantir Technologies from $181.00 to $197.00 and gave the company a “hold” rating in a research report on Wednesday, November 5th. Finally, UBS Group upped their target price on Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $175.88.

Insider Buying and Selling at Palantir Technologies

In other news, insider Shyam Sankar sold 149,872 shares of the firm’s stock in a transaction on 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ryan D. Taylor sold 36,048 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $162.36, for a total transaction of $5,852,753.28. Following the completion of the transaction, the insider owned 251,409 shares in the company, valued at approximately $40,818,765.24. The trade was a 12.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,023,444 shares of company stock valued at $167,394,629 in the last ninety days. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies Price Performance

NASDAQ:PLTR opened at $178.40 on Thursday. The firm has a market capitalization of $425.20 billion, a P/E ratio of 424.77, a PEG ratio of 4.50 and a beta of 1.54. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The company’s 50-day simple moving average is $178.23 and its 200 day simple moving average is $171.45.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter last year, the firm earned $0.10 earnings per share. The business’s revenue for the quarter was up 62.8% on a year-over-year basis. On average, equities research analysts expect 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.