14,413 Shares in Palantir Technologies Inc. $PLTR Bought by Providence First Trust Co

Providence First Trust Co bought a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 14,413 shares of the company’s stock, valued at approximately $2,629,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of PLTR. Occidental Asset Management LLC grew its position in Palantir Technologies by 2.8% during the third quarter. Occidental Asset Management LLC now owns 1,964 shares of the company’s stock worth $358,000 after buying an additional 53 shares in the last quarter. Lionshead Wealth Management LLC increased its position in shares of Palantir Technologies by 0.4% during the third quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock valued at $2,395,000 after purchasing an additional 56 shares during the period. Ellenbecker Investment Group raised its stake in shares of Palantir Technologies by 3.6% in the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock valued at $295,000 after purchasing an additional 57 shares in the last quarter. Traveka Wealth LLC lifted its position 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 purchasing an additional 57 shares during the period. Finally, Market Street Wealth Management Advisors LLC boosted its stake in Palantir Technologies by 4.0% during the third quarter. Market Street Wealth Management Advisors LLC now owns 1,539 shares of the company’s stock worth $281,000 after buying an additional 59 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Key Palantir Technologies News

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

• Positive Sentiment: HD Hyundai expanded a group-wide strategic partnership to roll Palantir Foundry and its AI Platform across the HD Hyundai conglomerate — the largest, longest partnership Palantir has in Korea, increasing potential commercial revenue and long-term customer stickiness. HD Hyundai and Palantir Expand Group-Wide Strategic Partnership
• Positive Sentiment: Citigroup published a bullish take — “time to get back in” — signaling continued Wall Street support and reinforcing the view that Palantir remains a buy on stronger AI adoption and long-term growth potential. ‘Time to Get Back In,’ Says Citigroup About Palantir (PLTR) Stock
• Neutral Sentiment: Palantir announced Q4 2025 earnings release and webcast details — an upcoming earnings event is a catalyst investors should watch for guidance and commentary that could move the stock. Palantir Technologies Announces Fourth Quarter 2025 Earnings Release and Webcast Details
• Neutral Sentiment: Analysis of insider transactions shows a slowdown ahead of Q4 results and included a rating upgrade context — useful for interpreting management and insider signaling but not immediately price-moving by itself. Palantir: Why Insider Transactions Slowed Drastically Before Q4 Earnings (Rating Upgrade)
• Negative Sentiment: Palantir opened in the red in pre-market trading (around a ~3% decline) after the extended weekend with no company-specific negative news cited — likely short-term profit-taking and broader market positioning. Why Is Palantir Stock (PLTR) Dropping in Pre-Market Today?
• Negative Sentiment: Analysts and market commentators note an ongoing rotation out of AI/mega-cap names and technical pressure that could keep PLTR under near-term selling pressure despite strong fundamentals. Palantir Technologies (NASDAQ: PLTR) Price Prediction and Forecast 2026-2030 for January 19

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 19,004 shares of the business’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $156.25, for a total transaction of $2,969,375.00. Following the completion of the sale, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $100,435,312.50. The trade was a 2.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider David A. Glazer sold 9,000 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $185.91, for a total transaction of $1,673,190.00. Following the transaction, the insider owned 413,639 shares in the company, valued at approximately $76,899,626.49. The trade was a 2.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,023,444 shares of company stock valued at $167,394,629. 12.93% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. UBS Group increased their price objective on shares of Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Royal Bank Of Canada increased their price target on shares of Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a research report on Tuesday, November 4th. Weiss Ratings downgraded Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday. HSBC increased their target price on Palantir Technologies from $181.00 to $197.00 and gave the stock a “hold” rating in a report on Wednesday, November 5th. Finally, Bank of America lifted their price objective on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $175.88.

Palantir Technologies Price Performance

Shares of Palantir Technologies stock opened at $170.96 on Tuesday. The firm has a 50 day simple moving average of $177.68 and a 200 day simple moving average of $172.56. Palantir Technologies Inc. has a fifty-two week low of $66.12 and a fifty-two week high of $207.52. The firm has a market cap of $407.47 billion, a P/E ratio of 407.06, a P/E/G ratio of 4.30 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.09 billion. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The business’s quarterly revenue was up 62.8% compared to the same quarter last year. During the same period last year, the company earned $0.10 EPS. On average, sell-side analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current 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.