State of Alaska Department of Revenue Increases Holdings in Palantir Technologies Inc. $PLTR

State of Alaska Department of Revenue lifted its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 1.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 243,665 shares of the company’s stock after purchasing an additional 4,035 shares during the quarter. Palantir Technologies accounts for about 0.5% of State of Alaska Department of Revenue’s holdings, making the stock its 28th largest position. State of Alaska Department of Revenue’s holdings in Palantir Technologies were worth $44,449,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in PLTR. Capital Investment Advisors LLC increased its position in shares of Palantir Technologies by 9.8% during the third quarter. Capital Investment Advisors LLC now owns 25,696 shares of the company’s stock valued at $4,687,000 after buying an additional 2,296 shares during the period. Miller Wealth Advisors LLC grew its stake in Palantir Technologies by 11.1% during the third quarter. Miller Wealth Advisors LLC now owns 55,230 shares of the company’s stock valued at $10,075,000 after acquiring an additional 5,511 shares in the last quarter. Vermillion Wealth Management Inc. increased its holdings in Palantir Technologies by 69.2% during the 3rd quarter. Vermillion Wealth Management Inc. now owns 269 shares of the company’s stock worth $49,000 after acquiring an additional 110 shares during the period. Harrell Investment Partners LLC increased its holdings in Palantir Technologies by 3.9% during the 3rd quarter. Harrell Investment Partners LLC now owns 4,564 shares of the company’s stock worth $833,000 after acquiring an additional 171 shares during the period. Finally, Legacy Wealth Management LLC MS purchased a new stake in Palantir Technologies in the 3rd quarter worth approximately $6,231,000. Institutional investors own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Royal Bank Of Canada boosted their price target on shares of Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research report on Tuesday, November 4th. HSBC lifted their price objective on Palantir Technologies from $181.00 to $197.00 and gave the company a “hold” rating in a research note on Wednesday, November 5th. Jefferies Financial Group restated an “underperform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. Raymond James Financial reaffirmed a “market perform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. Finally, Cantor Fitzgerald boosted their price objective on Palantir Technologies from $155.00 to $198.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. One 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 issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $174.69.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Truist initiated coverage with a Buy and $223 price target, arguing the company’s AI/defense backlog and contract runway justify upside over the next 12 months. Palantir Is Pulling Back After a Post?Venezuela Run Higher
• Positive Sentiment: High?profile supporters and media coverage continue to highlight Palantir’s AI/defense positioning (Jim Cramer expressed confidence), which can support demand from momentum and thematic investors. Jim Cramer on Palantir
• Neutral Sentiment: Market chatter that Palantir’s tech may have been involved in a high?profile Venezuela operation has driven attention and volume — a catalyst for volatility but uncertain as a durable revenue driver. Palantir Involved in the Capture of Nicolás Maduro?
• Neutral Sentiment: Brokerage consensus sits around a “Hold,” reflecting mixed analyst views: some bullish on backlog and contracts, others cautious on valuation and execution. Consensus Recommendation of “Hold”
• Neutral Sentiment: Policy/regulatory tailwinds like proposed higher U.S. defense spending could help Palantir win more government work, but timing and award sizes remain uncertain. How Does Trump’s Potential $1.5T Defense Budget Impact Palantir
• Negative Sentiment: A veteran analyst publicly warned about reputational and legal risks tied to the Venezuela raid speculation, which can prompt selling from risk?sensitive investors. Veteran analyst sounds alarm on Palantir stock after Venezuela raid
• Negative Sentiment: Multiple insider and notable investor sales have surfaced this week (director sale ~$616.6k; another insider sale ~$2.18M; Ark/ Cathie Wood sold ~$10.4M), raising concerns about near?term selling pressure and signaling some insiders/institutions trimming exposure. Insider Selling: Director Sells $616,590 Insider Sells $2,176,200 Cathie Wood Sells $10M in Palantir Stock
• Negative Sentiment: Valuation concerns persist — commentators note Palantir trades at very high multiples (extremely elevated P/E and price?to?sales relative to peers), which raises downside risk if growth slows or execution falters. Englander Sells Palantir
• Negative Sentiment: Recent intraday pullback and a negative session note (Zacks) reflect profit?taking after a strong 2025 run; momentum traders may be exiting into the volatility. PLTR Stock Slides as Market Rises

Palantir Technologies Stock Down 2.7%

Shares of PLTR stock opened at $176.86 on Friday. The business has a 50-day moving average price of $179.67 and a two-hundred day moving average price of $170.17. Palantir Technologies Inc. has a 12-month low of $63.40 and a 12-month high of $207.52. The firm has a market cap of $421.53 billion, a P/E ratio of 421.11, a price-to-earnings-growth ratio of 4.57 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04. The firm had revenue of $1.18 billion for 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 was up 62.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.10 EPS. As a group, research analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In related news, insider Stephen Andrew Cohen sold 308,635 shares of the stock in a transaction on 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 approximately $97,082.08. This trade represents a 99.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Alexander C. Karp sold 359,325 shares of Palantir Technologies stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction of $58,925,706.75. Following the completion of the transaction, the insider owned 6,432,258 shares in the company, valued at approximately $1,054,825,989.42. The trade was a 5.29% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,023,444 shares of company stock valued at $167,394,629. 9.23% of the stock is currently owned by corporate insiders.

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.