Providence First Trust Co Buys New Shares in Palantir Technologies Inc. $PLTR

Providence First Trust Co purchased a new position in Palantir Technologies Inc. (NASDAQ:PLTR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 14,413 shares of the company’s stock, valued at approximately $2,629,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Occidental Asset Management LLC boosted its position in shares of Palantir Technologies by 2.8% in the 3rd quarter. Occidental Asset Management LLC now owns 1,964 shares of the company’s stock valued at $358,000 after purchasing an additional 53 shares during the period. Lionshead Wealth Management LLC lifted its stake in 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 buying an additional 56 shares in the last quarter. Ellenbecker Investment Group boosted its holdings 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 worth $295,000 after buying an additional 57 shares during the period. Traveka Wealth LLC increased its position in shares of 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 acquiring an additional 57 shares in the last quarter. Finally, Market Street Wealth Management Advisors LLC raised its holdings in shares of 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 valued at $281,000 after acquiring an additional 59 shares during the period. Institutional investors and hedge funds own 45.65% of the company’s stock.

Insider Buying and Selling at Palantir Technologies

In related news, insider Jeffrey Buckley sold 1,252 shares of the firm’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $157.50, for a total value of $197,190.00. Following the transaction, the insider directly owned 47,044 shares in the company, valued at approximately $7,409,430. This trade represents a 2.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Ryan D. Taylor sold 12,000 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total transaction of $2,176,200.00. Following the transaction, the insider directly owned 239,409 shares of the company’s stock, valued at approximately $43,416,822.15. This represents a 4.77% 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. 12.93% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

PLTR has been the subject of a number of recent analyst reports. Piper Sandler raised their price objective on shares of Palantir Technologies from $201.00 to $225.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft raised their target price on Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, November 4th. Zacks Research raised Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. Raymond James Financial restated a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Finally, HSBC upped their target price on Palantir Technologies from $181.00 to $197.00 and gave the company a “hold” rating in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $175.88.

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

Palantir Technologies Price Performance

Palantir Technologies stock opened at $170.96 on Tuesday. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The company’s fifty day moving average price is $177.68 and its two-hundred day moving average price is $172.56. The company has a market capitalization of $407.47 billion, a price-to-earnings ratio of 407.06, a PEG ratio of 4.30 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last posted its 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 analyst estimates of $1.09 billion. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The company’s revenue for the quarter was up 62.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.10 EPS. As a group, sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share 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.