Pacer Advisors Inc. Sells 34,093 Shares of Palantir Technologies Inc. $PLTR

Pacer Advisors Inc. cut its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 898,085 shares of the company’s stock after selling 34,093 shares during the period. Pacer Advisors Inc.’s holdings in Palantir Technologies were worth $163,829,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PLTR. Signature Resources Capital Management LLC bought a new stake in shares of Palantir Technologies in the second quarter worth $25,000. Wealth Preservation Advisors LLC bought a new position in Palantir Technologies during the 1st quarter worth $27,000. 1248 Management LLC acquired a new position in Palantir Technologies during the 1st quarter worth about $27,000. Briaud Financial Planning Inc bought a new stake in shares of Palantir Technologies in the 2nd quarter valued at about $27,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in shares of Palantir Technologies in the 2nd quarter valued at about $27,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies Price Performance

PLTR stock opened at $193.95 on Friday. The company’s 50-day moving average is $180.96 and its 200-day moving average is $167.26. The stock has a market capitalization 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. Palantir Technologies Inc. has a 1 year low of $63.40 and a 1 year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period in the previous year, the company posted $0.10 EPS. The firm’s revenue was up 62.8% compared to the same quarter last year. On average, analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Transactions at Palantir Technologies

In related news, insider David A. Glazer sold 9,000 shares of Palantir Technologies stock in a transaction on Friday, December 12th. The shares were sold at an average price of $185.91, for a total value of $1,673,190.00. Following the completion of the sale, the insider owned 413,639 shares of the company’s stock, valued at approximately $76,899,626.49. This trade represents a 2.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Ryan D. Taylor sold 36,048 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $162.36, for a total transaction of $5,852,753.28. Following the transaction, the insider owned 251,409 shares in the company, valued at approximately $40,818,765.24. The trade was a 12.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,008,844 shares of company stock valued at $164,750,951. Company insiders own 9.23% of the company’s stock.

Analyst Ratings Changes

PLTR has been the topic of a number of recent analyst reports. Robert W. Baird lifted their price objective on Palantir Technologies from $170.00 to $200.00 and gave the stock a “neutral” rating in a research note 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 report on Tuesday, November 4th. Mizuho upped their price objective on shares of Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. HSBC lifted their target price on shares of Palantir Technologies from $181.00 to $197.00 and gave the stock a “hold” rating in a research note on Wednesday, November 5th. Finally, Cantor Fitzgerald boosted their target price on shares of Palantir Technologies from $155.00 to $198.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Five research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $172.28.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Wedbush upgraded commentary and a widely circulated note calling Palantir’s AI platform a potential game‑changer lifted momentum and retail interest, supporting near‑term buying. PLTR: Palantir Surges on Wedbush Call, AI Platform Seen as Game-Changer
• Positive Sentiment: CNBC reports heavy retail inflows this year—billions from individual investors per VandaTrack—indicating a strong, persistent buyer base that can prop up the stock even when some institutions step back. Wall Street wrote off Palantir as too expensive. Retail investors can’t get enough
• Positive Sentiment: Sector outlook pieces expect renewed AI infrastructure spending in early 2026; if AI capex ramps as forecast, Palantir could benefit meaningfully from increased enterprise spending on analytics and models. Could January Spark the Next Big Rally in AI Stocks?
• Positive Sentiment: Multiple bullish write‑ups and price‑target commentary (MSN, 24/7 Wall St., Benzinga) highlight Palantir’s strong YTD performance, revenue beats and momentum, reinforcing investor sentiment among growth and momentum traders. Palantir Technologies (PLTR): 3 reasons we love this stock
• Neutral Sentiment: Reports show anomalous/zero short‑interest data for December (no meaningful short‑interest signal from the latest report), so short squeeze dynamics appear unlikely to be a current driver. (data entry)
• Neutral Sentiment: General market commentaries and sell/hold lists (Fool, Benzinga summaries) add background noise; they matter more if macro momentum shifts but are not unique catalysts for PLTR today. Billionaire Stanley Druckenmiller Sold Nvidia and Palantir
• Negative Sentiment: High‑profile manager Stanley Druckenmiller trimmed or sold his Palantir stake and rotated into another sector—news that can trigger headline selling, pressure institutional sentiment, and prompt re‑weighting by other funds. Billionaire Stanley Druckenmiller Sold Nvidia and Palantir and Piled Into One of Wall Street’s Hottest Drug Stocks Ahead of 2026
• Neutral Sentiment: Coverage mentioning Michael Burry and other macro warnings creates narrative risk but lacks a direct, confirmed catalyst specific to Palantir today. This Michael Burry Warning Could Be Bigger Than His Short Call on Palantir

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.