Palantir Technologies Inc. $PLTR Stock Sold by Harbour Investments Inc.

Harbour Investments Inc. cut its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 6.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 70,544 shares of the company’s stock after selling 4,833 shares during the quarter. Harbour Investments Inc.’s holdings in Palantir Technologies were worth $13,195,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in PLTR. Axiom Investment Management LLC lifted its stake in shares of Palantir Technologies by 181.8% in the third quarter. Axiom Investment Management LLC now owns 155 shares of the company’s stock valued at $29,000 after purchasing an additional 100 shares during the period. Navigoe LLC grew its position in Palantir Technologies by 17,500.0% during the third quarter. Navigoe LLC now owns 176 shares of the company’s stock worth $32,000 after buying an additional 175 shares during the period. Laurel Wealth Advisors LLC acquired a new position in Palantir Technologies during the third quarter worth about $35,000. Cranbrook Wealth Management LLC grew its holdings in shares of Palantir Technologies by 40.7% in the 3rd quarter. Cranbrook Wealth Management LLC now owns 197 shares of the company’s stock worth $37,000 after acquiring an additional 57 shares during the period. Finally, Ballast Advisors LLC purchased a new position in Palantir Technologies in the 1st quarter valued at approximately $29,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Transactions at Palantir Technologies

In other news, insider Jeffrey Buckley sold 2,055 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $174.83, for a total transaction of $359,275.65. Following the completion of the sale, the insider directly owned 58,171 shares in the company, valued at $10,170,035.93. This trade represents a 3.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Alexander Karp sold 492,348 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $174.79, for a total value of $86,057,506.92. Following the completion of the transaction, the insider directly owned 6,432,258 shares in the company, valued at approximately $1,124,294,375.82. The trade was a 7.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 908,396 shares of company stock worth $157,146,307 over the last three months. Insiders own 9.53% of the company’s stock.

Palantir Technologies Stock Down 2.1%

Shares of NASDAQ PLTR traded down $3.59 during trading on Friday, reaching $167.99. 15,160,139 shares of the stock were exchanged, compared to its average volume of 25,516,524. The business’s 50-day moving average price is $184.79 and its 200 day moving average price is $153.82. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $212.94. The company has a market capitalization of $403.69 billion, a price-to-earnings ratio of 117.48, a price-to-earnings-growth ratio of 3.47 and a beta of 1.65.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, November 2nd. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.18 billion. Palantir Technologies had a net margin of 50.34% and a return on equity of 30.49%. The business’s quarterly revenue was up 95.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.21 earnings per share. As a group, sell-side analysts expect that Palantir Technologies Inc. will post 1.36 earnings per share for the current fiscal year.

Analysts Set New Price Targets

PLTR has been the subject of several research reports. Oppenheimer reaffirmed an “outperform” rating and set a $235.00 price objective (up from $200.00) on shares of Palantir Technologies in a report on Thursday, October 29th. UBS Group reissued a “buy” rating on shares of Palantir Technologies in a report on Tuesday, November 3rd. Barclays lifted their price target on Palantir Technologies from $265.00 to $273.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 4th. Mizuho raised their price objective on shares of Palantir Technologies from $215.00 to $245.00 and gave the stock an “outperform” rating in a research note on Thursday, October 15th. Finally, Piper Sandler reissued an “overweight” rating and issued a $235.00 target price (up from $231.00) on shares of Palantir Technologies in a research note on Tuesday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $216.20.

Palantir Technologies News Summary

These are some of the PLTR news items that stood out recently:

• Positive Sentiment: Palantir’s Rule of 40 score reached 158% in Q3 2026, reflecting a combination of rapid revenue growth and stronger profitability. The company also reported 165% net dollar retention, supporting the case for continued customer expansion. Article: PLTR’s Rule of 40 Hits 158%
• Positive Sentiment: Recent commentary argues Palantir’s growth story remains strong, with its AI software helping drive substantial business momentum. This provides a fundamental counterpoint to the stock’s recent weakness. Article: Palantir: High-Quality Growth Should Never Be Cheap
• Negative Sentiment: ARK Invest reportedly trimmed its Palantir position while buying another AI-related stock. The move may reinforce concerns about investor rotation away from richly valued AI names, although it reflects one fund’s portfolio decision. Article: Cathie Wood Is Buying CoreWeave and Selling Palantir

About Palantir Technologies

Palantir Technologies is a software company that develops platforms for integrating, analyzing and using data to support operational decisions. Its products are designed to help organizations work with large, complex datasets while managing access and security. The company’s platforms include Gotham, used primarily by government and intelligence customers; Foundry, designed for commercial and other organizations; Apollo, which supports the deployment and management of software; and Artificial Intelligence Platform (AIP), which helps organizations use artificial intelligence with their data and operations.