Weaver Capital Management LLC Grows Stock Position in Palantir Technologies Inc. $PLTR

Key Points

• Weaver Capital Management boosted its Palantir stake by 78.8% in Q3 to 7,288 shares valued at $1.33M, joining broad institutional accumulation (Vanguard owns 205.7M shares and institutions hold 45.65% of PLTR).
• Palantir beat Q3 estimates with $0.21 EPS (vs. $0.17) and $1.18B revenue (up 62.8% YoY), but the stock trades at a rich valuation (P/E ~438) and a market cap near $439B.
• Insiders have sold heavily—1,008,844 shares (~$164.8M) in the last 90 days—while analysts remain mixed (average rating "Hold" and average price target $172.28), underscoring both bullish momentum and valuation/insider-sale risks.

Weaver Capital Management LLC boosted its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 78.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,288 shares of the company's stock after purchasing an additional 3,213 shares during the quarter. Weaver Capital Management LLC's holdings in Palantir Technologies were worth $1,329,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in PLTR. Norges Bank acquired a new stake in Palantir Technologies in the second quarter valued at approximately $3,307,457,000. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Palantir Technologies in the 2nd quarter valued at approximately $2,543,888,000. Vanguard Group Inc. raised its holdings in shares of Palantir Technologies by 3.6% in the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company's stock valued at $28,043,432,000 after purchasing an additional 7,194,216 shares in the last quarter. State Street Corp lifted its position in shares of Palantir Technologies by 6.9% during the 2nd quarter. State Street Corp now owns 94,481,128 shares of the company's stock worth $12,879,667,000 after purchasing an additional 6,097,629 shares during the last quarter. Finally, Amundi grew its stake in shares of Palantir Technologies by 56.1% during the first quarter. Amundi now owns 10,620,301 shares of the company's stock worth $887,857,000 after purchasing an additional 3,815,386 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company's stock.

Palantir Technologies Trading Down 2.4%

Shares of NASDAQ PLTR opened at $184.18 on Tuesday. The stock has a market cap 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 Inc. has a twelve month low of $63.40 and a twelve month high of $207.52. The stock has a 50 day moving average of $181.23 and a two-hundred day moving average of $168.46.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced 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. The business had revenue of $1.18 billion for the quarter, compared to analysts' expectations of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The company's quarterly revenue was up 62.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.10 EPS. As a group, research analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. DA Davidson raised their price target on Palantir Technologies from $170.00 to $215.00 and gave the company a "neutral" rating in a research note on Tuesday, November 4th. Morgan Stanley raised their target price on Palantir Technologies from $155.00 to $205.00 and gave the stock an "equal weight" rating in a research report on Tuesday, November 4th. Mizuho upped their price target on Palantir Technologies from $165.00 to $205.00 and gave the company a "neutral" rating in a report on Tuesday, November 4th. CICC Research increased their price target on shares of Palantir Technologies from $128.00 to $150.00 and gave the company a "neutral" rating in a research note on Wednesday, November 12th. Finally, Northland Securities boosted their price objective on shares of Palantir Technologies from $14.00 to $18.50 in a research report on Tuesday, November 4th. Five analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $172.28.

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

Insiders Place Their Bets

In other news, insider Jeffrey Buckley sold 1,252 shares of the stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $157.50, for a total transaction of $197,190.00. Following the completion of the sale, the insider owned 47,044 shares in the company, valued at approximately $7,409,430. This represents a 2.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Stephen Andrew Cohen sold 39,136 shares of the business's stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $156.25, for a total value of $6,115,000.00. Following the completion of the transaction, the insider owned 592 shares in the company, valued at $92,500. This trade represents a 98.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 1,008,844 shares of company stock valued at $164,750,951. 12.93% of the stock is owned by insiders.

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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