Palantir Technologies Inc. $PLTR Stake Lessened by Legal Advantage Investments Inc.

Legal Advantage Investments Inc. decreased its position in Palantir Technologies Inc. (NASDAQ:PLTRFree Report) by 13.8% during the third quarter, Holdings Channel reports. The fund owned 39,175 shares of the company’s stock after selling 6,275 shares during the period. Palantir Technologies comprises approximately 3.2% of Legal Advantage Investments Inc.’s investment portfolio, making the stock its 8th biggest position. Legal Advantage Investments Inc.’s holdings in Palantir Technologies were worth $7,146,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Signature Resources Capital Management LLC bought a new stake in Palantir Technologies during the second quarter valued at approximately $25,000. 1248 Management LLC purchased a new position in shares of Palantir Technologies during the 1st quarter worth $27,000. Briaud Financial Planning Inc purchased a new position in Palantir Technologies during the second quarter valued at $27,000. LFA Lugano Financial Advisors SA bought a new stake in Palantir Technologies during the second quarter valued at about $27,000. Finally, Frazier Financial Advisors LLC purchased a new stake in Palantir Technologies in the second quarter worth about $28,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Stock Performance

NASDAQ PLTR opened at $184.18 on Tuesday. The stock has a 50 day moving average price of $181.23 and a 200-day moving average price of $168.46. Palantir Technologies Inc. has a one year low of $63.40 and a one year high of $207.52. The company has a market capitalization of $438.98 billion, a P/E ratio of 438.53, a P/E/G ratio of 7.32 and a beta of 1.50.

Palantir Technologies (NASDAQ:PLTRGet Free Report) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the firm earned $0.10 earnings per share. Palantir Technologies’s revenue was up 62.8% on a year-over-year basis. As a group, equities analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 19,004 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $156.25, for a total transaction of $2,969,375.00. Following the sale, the insider directly owned 642,786 shares of the company’s stock, valued at $100,435,312.50. The trade was a 2.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jeffrey Buckley sold 1,252 shares of the 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 sale, the insider owned 47,044 shares in the company, valued at $7,409,430. The trade was a 2.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,008,844 shares of company stock worth $164,750,951. 12.93% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on PLTR shares. Bank of America boosted their price objective on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. The Goldman Sachs Group lifted their target price on shares of Palantir Technologies from $141.00 to $188.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Daiwa Capital Markets increased their price target on Palantir Technologies from $178.00 to $200.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Raymond James Financial reissued a “market perform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. Finally, Northland Securities boosted their price objective on Palantir Technologies from $14.00 to $18.50 in a research report on Tuesday, November 4th. Five equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Palantir Technologies has an average rating of “Hold” and a consensus price target of $172.28.

Get Our Latest Research Report on PLTR

Key Stores Impacting Palantir Technologies

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

  • Positive Sentiment: Market rotation into AI application-layer winners highlights Palantir as a top execution-focused play with big commercial growth, recurring government contracts and sticky enterprise adoption — a bullish narrative that attracts institutional flows. Article Title
  • Positive Sentiment: Wedbush analyst Dan Ives named Palantir among his top AI/tech names for 2026, which can support demand from growth-oriented funds and momentum traders. Article Title
  • Positive Sentiment: High-profile bulls including Jim Cramer continue to publicly back Palantir, reinforcing retail interest and momentum buying. Article Title
  • Positive Sentiment: Institutional accumulation, S&P 500 inclusion and large government contract awards (hundreds of millions in recent payouts) underpin revenue visibility and help explain the stock’s strong 2025 gains. Article Title
  • Neutral Sentiment: Momentum stories note PLTR is up roughly 145–150% in 2025, which attracts attention but also concentrates risk if sentiment shifts. These pieces summarize the rally rather than create new catalysts. Article Title
  • Neutral Sentiment: Debate pieces ask if PLTR remains a buy after its run — they balance growth credentials against rich multiples and are keeping analysts divided. Article Title
  • Negative Sentiment: Options activity shows moderately bearish positioning, indicating traders are hedging or betting on near-term weakness — pressure that can accelerate declines on a risk-off day. Article Title
  • Negative Sentiment: Analyst and commentary pieces flag valuation and three specific red flags for 2026 (execution risks, heavy insider selling and elevated multiples), which could weigh on sentiment and analyst targets. Article Title
  • Negative Sentiment: Calls out of caution: Seeking Alpha warns of potential disruption risk in 2026, while reports note major insider sales and at least one notable short (Michael Burry), all factors that can amplify downside in volatile sessions. Article Title Article Title

Palantir Technologies Profile

(Free Report)

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.

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Want to see what other hedge funds are holding PLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palantir Technologies Inc. (NASDAQ:PLTRFree Report).

Institutional Ownership by Quarter for Palantir Technologies (NASDAQ:PLTR)

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