TD Waterhouse Canada Inc. cut its position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 21.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 320,588 shares of the company’s stock after selling 86,589 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Palantir Technologies were worth $59,311,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in PLTR. Briaud Financial Planning Inc bought a new stake in shares of Palantir Technologies during the 2nd quarter worth $27,000. LFA Lugano Financial Advisors SA bought a new position in Palantir Technologies in the second quarter valued at about $27,000. Frazier Financial Advisors LLC bought a new stake in shares of Palantir Technologies during the second quarter worth about $28,000. Delos Wealth Advisors LLC bought a new position in shares of Palantir Technologies during the second quarter worth about $29,000. Finally, Zeit Capital LLC acquired a new position in shares of Palantir Technologies in the second quarter worth approximately $30,000. 45.65% of the stock is owned by institutional investors.
Palantir Technologies Stock Performance
Shares of PLTR stock opened at $157.35 on Thursday. The stock’s 50-day simple moving average is $176.37 and its 200-day simple moving average is $173.58. The firm has a market capitalization of $375.03 billion, a PE ratio of 374.65, a P/E/G ratio of 4.17 and a beta of 1.54. Palantir Technologies Inc. has a fifty-two week low of $66.12 and a fifty-two week high of $207.52.
Insider Buying and Selling at Palantir Technologies
In other Palantir Technologies news, insider David A. Glazer sold 9,000 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $185.91, for a total transaction of $1,673,190.00. Following the completion of the transaction, the insider owned 413,639 shares in the company, valued at approximately $76,899,626.49. This represents a 2.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shyam Sankar sold 19,004 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $156.25, for a total transaction of $2,969,375.00. Following the completion of the sale, the insider owned 642,786 shares of the company’s stock, valued at approximately $100,435,312.50. The trade was a 2.87% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,023,444 shares of company stock worth $167,394,629. 12.93% of the stock is currently owned by company insiders.
Key Headlines Impacting Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Bullish research and price targets argue Palantir is a core AI play with big upside based on its platform leadership and recent multi-year gains. Prediction: Palantir Stock Will Soar to This Price by the End of 2026
- Positive Sentiment: Some Wall Street commentary highlights continued strong fundamentals and says avoiding PLTR on valuation could be a mistake, supporting buy-the-dip narratives. Palantir Investors Just Got Incredible News from Wall Street
- Neutral Sentiment: Q4 earnings (Feb. 2) are the primary near-term catalyst; the options market forecasts roughly a ±10.7% move, increasing event-driven volatility for both buyers and sellers. Palantir Technologies (PLTR) Q4 Earnings on Deck: Options Market Braces for a 10.70% Swing
- Neutral Sentiment: Multiple outlets discuss whether to buy ahead of Q4; theses hinge on your risk tolerance (high volatility vs. potential upside from continued revenue beats). Should You Buy Palantir Stock Before the Q4 Report?
- Negative Sentiment: Bearish analyst notes warn PLTR is richly valued and vulnerable to a sharp downshift — one widely cited analyst scenario sees risk toward $50, citing valuation, concentration and insider selling. This Analyst Warns Palantir Stock Could Plunge to $50. Should You Sell Shares Now?
- Negative Sentiment: Despite strong recent gains, commentators flag the high P/E/PEG and the potential for revenue growth to slow; that is driving cautious positioning and recent pullbacks into a technical support range. Palantir Stock Is Down Sharply Already in 2026 — And It Could Get Worse
Wall Street Analysts Forecast Growth
PLTR has been the subject of a number of recent research reports. Mizuho boosted their price objective on Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. UBS Group upped their target price on shares of Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Wall Street Zen cut Palantir Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Finally, Citigroup raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $210.00 to $235.00 in a report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Palantir Technologies currently has a consensus rating of “Hold” and a consensus price target of $184.07.
Get Our Latest Stock Analysis on PLTR
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.
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