QRG Capital Management Inc. lessened its stake in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 10.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 336,738 shares of the company’s stock after selling 38,570 shares during the period. Palantir Technologies makes up about 0.7% of QRG Capital Management Inc.’s investment portfolio, making the stock its 21st biggest position. QRG Capital Management Inc.’s holdings in Palantir Technologies were worth $61,428,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PLTR. Financial Consulate Inc. purchased a new position in shares of Palantir Technologies during the 3rd quarter worth $30,000. Retirement Wealth Solutions LLC acquired a new stake in Palantir Technologies during the third quarter worth about $31,000. Signature Resources Capital Management LLC acquired a new stake in Palantir Technologies during the second quarter worth about $25,000. Marquette Asset Management LLC acquired a new position in Palantir Technologies in the 3rd quarter valued at about $34,000. Finally, Briaud Financial Planning Inc purchased a new stake in shares of Palantir Technologies in the 2nd quarter valued at approximately $27,000. Institutional investors and hedge funds own 45.65% of the company’s stock.
Insiders Place Their Bets
In other Palantir Technologies news, insider Shyam Sankar sold 149,872 shares of the company’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 sale, the insider owned 642,786 shares in the company, valued at $105,410,476.14. This represents a 18.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider David A. Glazer sold 15,557 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 $2,551,192.43. Following the completion of the transaction, 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 position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,023,444 shares of company stock valued at $167,394,629. Corporate insiders own 9.23% of the company’s stock.
More Palantir Technologies News
- Positive Sentiment: JPMorgan CEO Jamie Dimon visited Palantir’s D.C. offices — a high‑profile meeting that signals potential deeper engagement from a major bank and underscores demand for Palantir’s enterprise/financial use cases. JPMorgan CEO Jamie Dimon Visits Palantir — Wall Street Meets The War Room
- Positive Sentiment: Analyst coverage and guidance: Truist initiated a Buy with a $223 target and Palantir has raised U.S. commercial revenue guidance, highlighting strong enterprise AI demand and better revenue/cash‑flow visibility. These support the bull case that growth can justify premium multiples. Where is Palantir Technologies Inc. (PLTR) Headed According to Analysts?
- Positive Sentiment: Zacks and other outlets highlight Palantir’s commercial surge and raised outlooks, reinforcing the company’s ability to convert AI demand into revenue growth — a key fundamental support for the stock. Can Palantir’s Commercial Surge Sustain PLTR’s Next Leg of Growth?
- Neutral Sentiment: Deep‑dive pieces (The Motley Fool, MarketBeat) reiterate Palantir’s strong execution and unique AI positioning but stress the valuation risk; these balanced takes can slow momentum by encouraging profit‑taking or selective new buying. Is Palantir Stock a Buy in 2026?
- Neutral Sentiment: Market commentary this week grouped Palantir with other high‑growth names under extra scrutiny as investors reassess valuations even while macro data remains supportive—expect volatility around earnings and guidance cycles. How Concerned Should Investors Be About Palantir Stock?
- Negative Sentiment: Reputational/regulatory risk: reporting on Palantir’s ELITE app (used in real‑time ICE operations) is generating negative headlines that can spur political and customer sensitivity, increasing the risk of contract scrutiny or loss in certain verticals. Palantir’s Tool Powering Real-Time ICE Raids: ELITE
- Negative Sentiment: Large‑holder activity: ARK (Cathie Wood) has trimmed PLTR exposure again this month — selling by a well‑known, concentrated holder can amplify down‑days and encourage short‑term liquidity pressure. Cathie Wood Is Trimming Her Palantir Stake Again. How Should You Play PLTR in January 2026?
- Negative Sentiment: Short‑term price action: coverage noting an early‑January pullback and warnings that the stock trades at a very high P/E create headwinds for new entrants and can trigger rotation out of high‑multiple names. Palantir Stock Falls Hard to Start 2026. Here’s What Investors Need to Know
Palantir Technologies Price Performance
Shares of NASDAQ:PLTR opened at $170.96 on Friday. The firm has a market capitalization of $407.47 billion, a PE ratio of 407.06, a price-to-earnings-growth ratio of 4.45 and a beta of 1.54. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52. The firm’s 50-day moving average is $178.13 and its two-hundred day moving average is $171.73.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the business posted $0.10 earnings per share. The business’s quarterly revenue was up 62.8% compared to the same quarter last year. Analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the stock. CICC Research lifted their price target on shares of Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a research report on Wednesday, November 12th. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. Bank of America increased their price target on Palantir Technologies from $215.00 to $255.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Morgan Stanley upped their target price on shares of Palantir Technologies from $155.00 to $205.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 4th. Finally, Northland Securities lifted their price target on shares of Palantir Technologies from $14.00 to $18.50 in a research report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $175.88.
Read Our Latest Report on Palantir Technologies
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.
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