Merit Financial Group LLC Boosts Position in Palantir Technologies Inc. $PLTR

Merit Financial Group LLC raised its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 4.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 160,562 shares of the company’s stock after acquiring an additional 7,140 shares during the period. Merit Financial Group LLC’s holdings in Palantir Technologies were worth $29,290,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PLTR. Signature Resources Capital Management LLC acquired a new stake in Palantir Technologies during the 2nd quarter worth about $25,000. 1248 Management LLC purchased a new stake in shares of Palantir Technologies in the first quarter worth about $27,000. Briaud Financial Planning Inc acquired a new stake in Palantir Technologies during the second quarter worth about $27,000. LFA Lugano Financial Advisors SA purchased a new position in Palantir Technologies during the second quarter valued at approximately $27,000. Finally, Frazier Financial Advisors LLC purchased a new position in Palantir Technologies during the second quarter valued at approximately $28,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on PLTR shares. CICC Research raised their price objective on shares of Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 12th. UBS Group increased their price target on shares of Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Raymond James Financial reaffirmed a “market perform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a research note on Tuesday, November 4th. Finally, DA Davidson raised their target price on Palantir Technologies from $170.00 to $215.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Five analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $172.28.

Insider Buying and Selling at Palantir Technologies

In related news, insider Alexander C. Karp sold 359,325 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction of $58,925,706.75. Following the completion of the sale, the insider directly owned 6,432,258 shares in the company, valued at approximately $1,054,825,989.42. The trade was a 5.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shyam Sankar sold 149,872 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 value of $24,577,509.28. Following the completion of the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $105,410,476.14. This represents a 18.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,008,844 shares of company stock valued at $164,750,951. 12.93% of the stock is owned by insiders.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Company fundamentals and big contracts bolster the bull case — Palantir reported accelerating commercial revenue, material y/y top-line growth and secured a large U.S. Navy ShipOS contract, and is highlighted as an application-layer AI leader that converts infrastructure into revenue. The Application-Layer Rotation
• Positive Sentiment: Analyst/coverage notes pointing to earnings strength and momentum — Zacks and other outlets call PLTR a stock to watch based on earnings growth, price strength and improving margins. Earnings Growth & Price Strength Make PLTR a Stock to Watch
• Positive Sentiment: High-profile supporters and positioning into 2026 — Wedbush’s Dan Ives and commentators (e.g., Jim Cramer) continue to include Palantir among favored AI/application-layer names, which can sustain institutional interest. Dan Ives Top Tech Names Jim Cramer Likes Palantir
• Neutral Sentiment: Options market shows moderate bearish positioning, suggesting traders expect short-term volatility but not a consensus crash. Option Traders Moderately Bearish
• Neutral Sentiment: Technical pressure after a recent break of support — short-term charts flagged a selloff area that could amplify moves if broader risk-off continues. Benzinga Technicals
• Negative Sentiment: Bearish analyst calls warning of large downside — some Wall Street analysts flagged very steep potential drops for 2026, citing valuation risks (Palantir trades at a premium on sales multiples). 2 AI Stocks to Sell Before They Drop
• Negative Sentiment: High-profile short interest from Michael Burry raises headline risk and potential downside volatility as his positions attract attention. Michael Burry Shorting PLTR
• Negative Sentiment: Relative-appeal risk vs. AI infrastructure names — some pieces argue Nvidia or other names are better 2026 buys, which can divert momentum and capital away from Palantir. Why Nvidia Is Better Than Palantir

Palantir Technologies Stock Down 1.8%

PLTR opened at $180.84 on Wednesday. The firm’s fifty day simple moving average is $181.21 and its two-hundred day simple moving average is $168.77. Palantir Technologies Inc. has a 52-week low of $63.40 and a 52-week high of $207.52. The company has a market cap of $431.02 billion, a price-to-earnings ratio of 430.58, a PEG ratio of 7.14 and a beta of 1.50.

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 the consensus estimate of $0.17 by $0.04. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The company’s revenue for the quarter was up 62.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.10 EPS. On average, research analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current 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.