Palantir Technologies Inc. $PLTR Position Decreased by Pacific Heights Asset Management LLC

20 Jan 2026, 08:40 by Teresa Graham · The Cerbat Gem

Pacific Heights Asset Management LLC decreased its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 24.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,120,000 shares of the company’s stock after selling 355,000 shares during the period. Palantir Technologies accounts for about 9.1% of Pacific Heights Asset Management LLC’s investment portfolio, making the stock its largest holding. Pacific Heights Asset Management LLC’s holdings in Palantir Technologies were worth $204,310,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Financial Consulate Inc. purchased a new stake in Palantir Technologies in the 3rd quarter valued at about $30,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Palantir Technologies in the third quarter worth approximately $31,000. Signature Resources Capital Management LLC acquired a new stake in shares of Palantir Technologies in the second quarter worth approximately $25,000. Marquette Asset Management LLC purchased a new stake in Palantir Technologies in the third quarter valued at approximately $34,000. Finally, Briaud Financial Planning Inc acquired a new position in Palantir Technologies during the second quarter worth approximately $27,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies Stock Down 3.5%

NASDAQ PLTR opened at $170.96 on Tuesday. Palantir Technologies Inc. has a fifty-two week low of $66.12 and a fifty-two week high of $207.52. The business has a 50 day moving average price of $177.68 and a two-hundred day moving average price of $172.56. The stock has a market cap of $407.47 billion, a PE ratio of 407.06, a P/E/G ratio of 4.30 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted its earnings results on Monday, November 3rd. The company reported $0.21 EPS for the quarter, topping 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 business’s revenue for the quarter was up 62.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.10 earnings per share. Sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Palantir Technologies News Roundup

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

Positive Sentiment: HD Hyundai expanded a group-wide strategic partnership to roll Palantir Foundry and its AI Platform across the HD Hyundai conglomerate — the largest, longest partnership Palantir has in Korea, increasing potential commercial revenue and long-term customer stickiness. HD Hyundai and Palantir Expand Group-Wide Strategic Partnership
Positive Sentiment: Citigroup published a bullish take — “time to get back in” — signaling continued Wall Street support and reinforcing the view that Palantir remains a buy on stronger AI adoption and long-term growth potential. ‘Time to Get Back In,’ Says Citigroup About Palantir (PLTR) Stock
Neutral Sentiment: Palantir announced Q4 2025 earnings release and webcast details — an upcoming earnings event is a catalyst investors should watch for guidance and commentary that could move the stock. Palantir Technologies Announces Fourth Quarter 2025 Earnings Release and Webcast Details
Neutral Sentiment: Analysis of insider transactions shows a slowdown ahead of Q4 results and included a rating upgrade context — useful for interpreting management and insider signaling but not immediately price-moving by itself. Palantir: Why Insider Transactions Slowed Drastically Before Q4 Earnings (Rating Upgrade)
Negative Sentiment: Palantir opened in the red in pre-market trading (around a ~3% decline) after the extended weekend with no company-specific negative news cited — likely short-term profit-taking and broader market positioning. Why Is Palantir Stock (PLTR) Dropping in Pre-Market Today?
Negative Sentiment: Analysts and market commentators note an ongoing rotation out of AI/mega-cap names and technical pressure that could keep PLTR under near-term selling pressure despite strong fundamentals. Palantir Technologies (NASDAQ: PLTR) Price Prediction and Forecast 2026-2030 for January 19

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on PLTR shares. Daiwa Capital Markets lifted their price target on shares of Palantir Technologies from $178.00 to $200.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Jefferies Financial Group restated an “underperform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. Morgan Stanley lifted their price objective on Palantir Technologies from $155.00 to $205.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 4th. Piper Sandler increased their target price on shares of Palantir Technologies from $201.00 to $225.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. Finally, Robert W. Baird raised their price target on shares of Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Palantir Technologies presently has a consensus rating of “Hold” and an average target price of $175.88.

Check Out Our Latest Report on Palantir Technologies

Insider Buying and Selling

In other news, insider Stephen Andrew Cohen sold 308,635 shares of the firm’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction of $50,613,053.65. Following the completion of the sale, the insider directly owned 592 shares in the company, valued at $97,082.08. This trade represents a 99.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David A. Glazer sold 15,557 shares of Palantir Technologies stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $2,551,192.43. Following the sale, the insider directly owned 415,612 shares in the company, valued at approximately $68,156,211.88. The trade was a 3.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,023,444 shares of company stock worth $167,394,629 over the last quarter. Company insiders own 12.93% of the company’s stock.

About Palantir Technologies

(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.