Palantir Technologies Inc. $PLTR Shares Sold by Milestone Asset Management LLC

Milestone Asset Management LLC trimmed its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 24.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,378 shares of the company’s stock after selling 5,890 shares during the quarter. Milestone Asset Management LLC’s holdings in Palantir Technologies were worth $3,353,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PLTR. Vanguard Group Inc. lifted its position in Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after acquiring an additional 7,194,216 shares during the period. Truist Financial Corp increased its holdings in shares of Palantir Technologies by 4.2% in the second quarter. Truist Financial Corp now owns 537,000 shares of the company’s stock valued at $73,204,000 after purchasing an additional 21,809 shares during the period. Prentice Wealth Management LLC purchased a new stake in shares of Palantir Technologies during the third quarter worth approximately $550,000. State of Michigan Retirement System lifted its holdings in shares of Palantir Technologies by 1.3% during the second quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock worth $127,923,000 after purchasing an additional 12,300 shares during the period. Finally, Presilium Private Wealth LLC purchased a new position in Palantir Technologies in the 2nd quarter valued at $204,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies Trading Down 0.1%

Shares of Palantir Technologies stock opened at $193.95 on Thursday. Palantir Technologies Inc. has a 12-month low of $63.40 and a 12-month high of $207.52. The stock has a market cap of $462.27 billion, a PE ratio of 461.80, a price-to-earnings-growth ratio of 7.53 and a beta of 1.49. The company has a 50-day moving average of $180.65 and a two-hundred day moving average of $167.07.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating 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 return on equity of 15.48% and a net margin of 28.11%.Palantir Technologies’s quarterly revenue was up 62.8% on a year-over-year basis. During the same period last year, the business posted $0.10 EPS. On average, sell-side analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

More Palantir Technologies News

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

• Positive Sentiment: Wedbush upgraded/expressed strong enthusiasm for Palantir’s AI platform, calling it a potential game?changer for enterprise AI — a catalyst cited by traders who’ve been driving recent gains. PLTR: Palantir Surges on Wedbush Call, AI Platform Seen as Game?Changer
• Positive Sentiment: BofA reiterated a Buy after investor meetings with Palantir execs and kept a high $255 price target, reinforcing the bull case around AI adoption and international commercial traction. BofA Reiterates Buy on Palantir (PLTR) After Investor Meetings
• Positive Sentiment: Multiple bullish price targets and analyst notes (median target around $200; some well above) fuel momentum and give traders targets to chase into 2026. Palantir: When Solid Fundamentals Are Not Enough
• Positive Sentiment: Ongoing large government deals and reported award payments support the revenue runway and justify premium multiples for growth?oriented investors. Analysts cite these contract wins in bullish forecasts. PLTR Military Deals & AI Scrutiny
• Neutral Sentiment: Numerous media pieces and price?prediction articles (24/7 Wall St., TipRanks, Seeking Alpha) are amplifying both upside scenarios and downside risk, increasing retail interest and trading volume volatility into year?end. Will Palantir Continue to Skyrocket in 2026?
• Neutral Sentiment: Short?interest data reported appears anomalous (shows zero), so it’s not a clear driver; ignore noisy/incorrect short?interest reads until confirmed by official exchanges. (No reliable link — data flagged as NaN/0.)
• Negative Sentiment: Significant insider selling has been reported across senior executives over recent months — a headline that can sap investor confidence and prompt profit?taking. Palantir Opinions on AI Platform Growth (Quiver summary)
• Negative Sentiment: Notable investors such as Stanley Druckenmiller have sold PLTR, and coverage noting Michael Burry’s warnings on tech/AI excesses has added caution among value and event?driven funds. Billionaire Stanley Druckenmiller Sold Nvidia and Palantir
• Negative Sentiment: Valuation scrutiny is intensifying after PLTR’s sharp multi?year rally; several analysts warn that high multiples raise downside risk if execution or growth guidance slips. Palantir (PLTR) Valuation Check After a Powerful Multi?Year Share Price Surge

Analysts Set New Price Targets

PLTR has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, November 4th. Royal Bank Of Canada boosted their price target on shares of Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a research note on Tuesday, November 4th. Mizuho raised their price objective on shares of Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. CICC Research boosted their target price on Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 12th. Finally, Wall Street Zen downgraded Palantir Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Five research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $172.28.

Insider Buying and Selling at Palantir Technologies

In related news, insider David A. Glazer sold 15,557 shares of the business’s stock in a transaction dated 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 directly owned 415,612 shares in the company, valued at $68,156,211.88. The trade was a 3.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Stephen Andrew Cohen sold 308,635 shares of the firm’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $50,613,053.65. Following the transaction, the insider owned 592 shares of the company’s stock, valued at $97,082.08. This trade represents a 99.81% 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 worth $164,750,951. Insiders own 9.23% of the company’s stock.

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.