Palantir Technologies Inc. $PLTR Shares Sold by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd reduced its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 68.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 119,694 shares of the company’s stock after selling 257,763 shares during the quarter. AustralianSuper Pty Ltd’s holdings in Palantir Technologies were worth $21,835,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in PLTR. Revolve Wealth Partners LLC purchased a new stake in Palantir Technologies during the 4th quarter valued at about $450,000. Bison Wealth LLC boosted its position in Palantir Technologies by 37.4% in the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after buying an additional 4,667 shares during the last quarter. Capstone Wealth Management Group LLC increased its holdings in Palantir Technologies by 38.0% in the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock worth $1,447,000 after buying an additional 4,722 shares during the period. Park Place Capital Corp increased its holdings in Palantir Technologies by 48.1% in the 2nd quarter. Park Place Capital Corp now owns 308 shares of the company’s stock worth $40,000 after buying an additional 100 shares during the period. Finally, Truist Financial Corp raised its position in Palantir Technologies by 4.2% during the 2nd quarter. Truist Financial Corp now owns 537,000 shares of the company’s stock worth $73,204,000 after buying an additional 21,809 shares during the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Key Palantir Technologies News

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

• Positive Sentiment: Innodata partnership highlights commercial AIP traction — Palantir selected Innodata to supply training data and engineering support for AI event‑analysis work, reinforcing enterprise use cases beyond government contracts. Innodata shares surge on AI data contract with Palantir Technologies
• Positive Sentiment: Analysts see upside from rapid commercial growth and a $2.6B backlog; some price targets imply substantial upside if execution continues. Palantir (PLTR) Stock: Why Analysts See 42% Upside After Recent Drop
• Neutral Sentiment: Earnings and options volatility ahead — markets expect a sizable post‑earnings move, so short‑term swings may persist regardless of the print. Palantir Q4 earnings on deck; options brace for a swing
• Neutral Sentiment: High expectations into Q4 — consensus models assume continued strong revenue growth, leaving little room for a “miss.” Should Palantir Stock Be in Your Portfolio Before Q4 Earnings?
• Negative Sentiment: Negative media and reputational risk tied to work with ICE and immigration enforcement are weighing on sentiment and prompting some selling. Why Palantir Technologies Stock Slumped Today
• Negative Sentiment: Political/business ties story: reporting shows firms (including Palantir) benefitted from immigration policy shifts — heightening regulatory and reputational scrutiny. Companies reap $22bn from Trump’s immigration crackdown
• Negative Sentiment: Technical breakdown: PLTR slipped below its 200‑day moving average and the $150 technical support, signaling increased short‑term downside risk if buyers don’t defend that level. Palantir Stock’s 3-Year Safety Net Just Snapped
• Negative Sentiment: Profit‑taking and valuation fatigue after a large 2025 rally — investors are locking gains and rotating away from richly valued AI names, amplifying downward moves ahead of earnings. Here’s Why Palantir Technologies Inc. (PLTR) Fell More Than Broader Market

Insider Activity

In other Palantir Technologies news, insider Alexander C. Karp sold 359,325 shares of the stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $58,925,706.75. Following the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at $1,054,825,989.42. This trade represents a 5.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider David A. Glazer sold 15,557 shares of the business’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 $2,551,192.43. Following the sale, the insider directly owned 415,612 shares of the company’s stock, valued at $68,156,211.88. This represents a 3.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,023,444 shares of company stock worth $167,394,629. Insiders own 9.23% of the company’s stock.

Analysts Set New Price Targets

PLTR has been the topic of several recent research reports. Royal Bank Of Canada upped their price objective on shares of Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a report on Tuesday, November 4th. Citigroup raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and upped their price target for the company from $210.00 to $235.00 in a report on Monday, January 12th. The Goldman Sachs Group lifted their price objective on Palantir Technologies from $141.00 to $188.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Morgan Stanley upped their target price on Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 4th. Finally, Wall Street Zen cut Palantir Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Palantir Technologies currently has an average rating of “Hold” and an average target price of $184.07.

Palantir Technologies Stock Down 3.5%

NASDAQ:PLTR opened at $151.86 on Friday. Palantir Technologies Inc. has a 52 week low of $66.12 and a 52 week high of $207.52. The stock’s 50-day moving average price is $176.29 and its 200-day moving average price is $173.43. The stock has a market capitalization of $361.95 billion, a PE ratio of 361.58, a price-to-earnings-growth ratio of 3.96 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the prior year, the firm posted $0.10 EPS. Palantir Technologies’s quarterly revenue was up 62.8% compared to the same quarter last year. Sell-side analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

About Palantir Technologies

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.