QRG Capital Management Inc. Lowers Stake in Palantir Technologies Inc. $PLTR

QRG Capital Management Inc. cut its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 10.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 336,738 shares of the company’s stock after selling 38,570 shares during the quarter. Palantir Technologies comprises about 0.7% of QRG Capital Management Inc.’s portfolio, making the stock its 21st biggest position. QRG Capital Management Inc.’s holdings in Palantir Technologies were worth $61,428,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the stock. Norges Bank bought a new position in Palantir Technologies in the second quarter worth about $3,307,457,000. Kingstone Capital Partners Texas LLC purchased a new stake in Palantir Technologies during the second quarter valued at approximately $2,543,888,000. Vanguard Group Inc. boosted its stake in Palantir Technologies by 3.6% in the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after acquiring an additional 7,194,216 shares in the last quarter. State Street Corp grew its holdings in Palantir Technologies by 6.9% in the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after purchasing an additional 6,097,629 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of Palantir Technologies by 16.0% during the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock worth $2,806,182,000 after purchasing an additional 2,838,300 shares in the last quarter. 45.65% of the stock is owned by institutional investors.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, Director Lauren Elaina Friedman Stat sold 3,400 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total transaction of $616,590.00. Following the completion of the transaction, the director owned 58,687 shares of the company’s stock, valued at $10,642,887.45. This represents a 5.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider David A. Glazer sold 9,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $185.91, for a total value of $1,673,190.00. Following the completion of the transaction, the insider owned 413,639 shares in the company, valued at approximately $76,899,626.49. This trade represents a 2.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,023,444 shares of company stock worth $167,394,629 in the last quarter. Corporate insiders own 9.23% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. UBS Group upped their target price on Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Bank of America boosted their price target on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Royal Bank Of Canada raised their price objective on Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a research note on Tuesday, November 4th. Northland Securities raised their price target on shares of Palantir Technologies from $14.00 to $18.50 in a research report on Tuesday, November 4th. Finally, Daiwa Capital Markets raised their target price on shares of Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Palantir Technologies currently has a consensus rating of “Hold” and an average target price of $175.88.

Palantir Technologies Trading Down 3.5%

NASDAQ PLTR opened at $170.96 on Friday. The stock has a market capitalization of $407.47 billion, a price-to-earnings ratio of 407.06, a PEG ratio of 4.45 and a beta of 1.54. The stock has a 50-day moving average of $178.13 and a 200 day moving average of $171.73. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data 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. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The firm’s revenue for the quarter was up 62.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.10 earnings per share. Equities analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Key Palantir Technologies News

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

• 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 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.