Peterson Wealth Services Sells 81,931 Shares of Palantir Technologies Inc. $PLTR

Peterson Wealth Services lessened its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 95.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,629 shares of the company’s stock after selling 81,931 shares during the period. Peterson Wealth Services’ holdings in Palantir Technologies were worth $662,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of PLTR. Occidental Asset Management LLC raised its position in Palantir Technologies by 2.8% during 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 last quarter. Lionshead Wealth Management LLC increased its stake 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 buying an additional 56 shares during the period. Ellenbecker Investment Group raised its holdings in shares of Palantir Technologies by 3.6% during the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock valued at $295,000 after acquiring an additional 57 shares in the last quarter. Traveka Wealth LLC lifted its stake 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 acquiring an additional 57 shares during the period. Finally, AlphaQuest LLC boosted its holdings in Palantir Technologies by 15.8% in the third quarter. AlphaQuest LLC now owns 425 shares of the company’s stock valued at $78,000 after acquiring an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies News Roundup

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

• Positive Sentiment: Q4 beat and very strong guidance — Palantir topped EPS and revenue forecasts, reported 70% YoY revenue growth and issued FY‑2026 revenue guidance that materially exceeded consensus, underpinning the post‑earnings rally. BusinessWire: Palantir Reports Q4 2025…
• Positive Sentiment: Wall Street upgrades and higher price targets — Several firms (Citi, William Blair, Baird and others) have raised ratings/targets (Citi to $235, William Blair to Outperform/$200), lending technical and sentiment support. TipRanks: Citi $235 PT
• Positive Sentiment: AI and defense demand accelerating monetization — Management says growth was driven more by existing customers spending materially more (notably U.S. commercial and government clients), amplifying revenue leverage from AI adoption. Benzinga: Existing clients spending more
• Positive Sentiment: Market reaction broadens — Palantir’s results lifted Nasdaq futures and helped equity sentiment across tech and AI names, supporting further upside in early trading. Barchart: Nasdaq Futures Climb
• Neutral Sentiment: Analyst and market split remains — Despite upgrades, broker consensus (some “Hold”s remain) and mixed views on valuation mean follow‑through depends on execution of 2026 targets. American Banking News: Consensus Hold
• Negative Sentiment: Valuation and downside warnings — PLTR still trades at a stretched multiple (high P/E) and some firms (RBC, others) have issued stark downside scenarios, flagging risk if growth/guide execution slips. TipRanks: RBC warning
• Negative Sentiment: Reputational/government scrutiny and CEO comments — CEO remarks defending certain government work keep regulatory and political risk in play, which can pressure multiples for government‑exposed names. CNBC: CEO comments on protests

Insiders Place Their Bets

In other Palantir Technologies news, insider David A. Glazer sold 15,557 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $2,551,192.43. Following the sale, the insider owned 415,612 shares in the company, valued at $68,156,211.88. The trade was a 3.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Alexander C. Karp sold 359,325 shares of the stock in a transaction dated 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,023,444 shares of company stock worth $167,394,629 over the last ninety days. 9.23% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on PLTR. Daiwa Capital Markets upped their price objective 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. Piper Sandler reissued an “overweight” rating and issued a $230.00 price target on shares of Palantir Technologies in a research note on Tuesday. UBS Group lifted their price objective on Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a research report 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 report on Tuesday, November 4th. Finally, CICC Research raised their target price on Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th. Ten research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Palantir Technologies presently has a consensus rating of “Hold” and an average price target of $193.91.

Palantir Technologies Price Performance

Shares of NASDAQ:PLTR opened at $147.96 on Tuesday. The business has a fifty day moving average price of $175.84 and a 200-day moving average price of $173.70. The company has a market capitalization of $352.65 billion, a PE ratio of 352.29, a PEG ratio of 3.69 and a beta of 1.54. Palantir Technologies Inc. has a 1-year low of $66.12 and a 1-year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same period last year, the business earned $0.14 EPS. Palantir Technologies’s revenue was up 70.0% compared to the same quarter last year. On average, sell-side analysts anticipate 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.