<div id="readability-page-1"><p>NewEdge Advisors LLC raised its position in  Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 9.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 471,168 shares of the company's stock after buying an additional 39,497 shares during the period. NewEdge Advisors LLC's holdings in Palantir Technologies were worth $64,230,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Palantir Technologies</strong> alerts:</span></p></div><ul><li>Insiders Are Selling These 3 Stocks—Here’s Why</li></ul><p>Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in  Palantir Technologies by 3.6% during the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company's stock worth $28,043,432,000 after acquiring an additional 7,194,216 shares during the period.  Truist Financial Corp lifted its stake in shares of  Palantir Technologies by 4.2% in the second quarter. Truist Financial Corp now owns 537,000 shares of the company's stock valued at $73,204,000 after purchasing an additional 21,809 shares during the period.  State of Michigan Retirement System boosted its holdings in  Palantir Technologies by 1.3% during the second quarter. State of Michigan Retirement System now owns 938,400 shares of the company's stock worth $127,923,000 after buying an additional 12,300 shares in the last quarter.  Presilium Private Wealth LLC acquired a new position in  Palantir Technologies during the second quarter worth about $204,000.  Finally, New Century Financial Group LLC acquired a new stake in shares of  Palantir Technologies during the 2nd quarter valued at approximately $228,000. Hedge funds and other institutional investors own  45.65% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>A number of equities research analysts have recently commented on the stock. The Goldman Sachs Group lifted their price target on shares of Palantir Technologies from $141.00 to $188.00 and gave the stock a &#34;neutral&#34; rating in a report on Tuesday, November 4th. Northland Securities lifted their target price on Palantir Technologies from $14.00 to $18.50 in a research note on Tuesday, November 4th. CICC Research boosted their price target on Palantir Technologies from $128.00 to $150.00 and gave the stock a &#34;neutral&#34; rating in a research report on Wednesday, November 12th. Morgan Stanley boosted their price target on shares of Palantir Technologies from $155.00 to $205.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Tuesday, November 4th. Finally, UBS Group increased their target price on shares of Palantir Technologies from $165.00 to $205.00 and gave the stock a &#34;neutral&#34; rating in a research report on Tuesday, November 4th. Four analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have issued  a Sell rating to the company. Based on data from MarketBeat, Palantir Technologies  has a consensus rating of &#34;Hold&#34; and an average price target of $172.28.</p><ul><li>MarketBeat Week in Review – 12/1 - 12/5</li></ul><p><b>Check Out Our Latest Report on Palantir Technologies</b></p><h2>Insiders Place Their Bets</h2><p>In other Palantir Technologies news, insider Alexander C. Karp sold 359,325 shares of Palantir Technologies stock in a transaction on Thursday, November 20th. The shares were 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 directly owned 6,432,258 shares of the company's stock, valued at $1,054,825,989.42. The trade was a 5.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Lauren Elaina Friedman Stat sold 21,000 shares of the stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $165.95, for a total value of $3,484,950.00. Following the transaction, the director owned 59,794 shares in the company, valued at $9,922,814.30. The trade was a 25.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,029,844 shares of company stock valued at $168,161,111 in the last quarter. Company insiders own  12.93% of the company's stock. </p><h2>Palantir Technologies Trading Up 0.2%</h2><ul><li>Palantir Stock Finds Its Footing—and a Path to Global Growth</li></ul><p>Shares of NASDAQ PLTR opened at $181.84 on Wednesday. The company has a fifty day moving average price of $179.03 and a 200 day moving average price of $162.57. The firm has a market cap of $433.40 billion, a PE ratio of 432.96, a PEG ratio of 7.04 and a beta of 1.50. Palantir Technologies Inc. has a 1-year low of $63.40 and a 1-year high of $207.52. </p><p>Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.04. The company had revenue of $1.18 billion during the quarter, compared to analysts' expectations of $1.09 billion. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.Palantir Technologies's revenue for the quarter was up 62.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.10 earnings per share.  Equities research analysts forecast that  Palantir Technologies Inc. will post 0.31 EPS for the current year. </p><h2>About Palantir Technologies</h2> (Free Report)<p>Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Palantir Technologies</li><li>Stock Sentiment Analysis: How it Works</li><li>Insiders Are Selling These 3 Stocks—Here’s Why</li><li>TSX Venture Exchange (Formerly Canadian Venture Exchange)</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>What Are Growth Stocks and Investing in Them </li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li></ul><p><strong>Want to see what other hedge funds are holding PLTR?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palantir Technologies Inc. (NASDAQ:PLTR - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UExUUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UExUUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Palantir Technologies Right Now?</h2><p>Before you consider Palantir Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Palantir Technologies wasn't on the list.</p><p>While Palantir Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PLTR

<p>NewEdge Advisors LLC increased its stake in Palantir Technologies Inc. by 9.1% in Q2, now holding 471,168 shares worth $64.23 million. Other investors like Vanguard Group, Truist Financial, and State of Michigan Retirement System also raised their positions. Analysts have mixed ratings on Palantir, with a consensus 'Hold' rating. Insiders sold significant shares recently. Palantir's stock is trading at $181.84, with a market cap of $433.40 billion.</p>

- NewEdge Advisors LLC increased its stake in Palantir Technologies by 9.1% in Q2, owning 471,168 shares valued at $64.23 million.  
- Other investors, including Vanguard Group and Truist Financial, also raised their holdings, with institutional investors owning 45.65% of the company.  
- Palantir reported a 62.8% revenue increase year-over-year, with earnings per share of $0.21, surpassing estimates, while analysts maintain a consensus "Hold" rating with an average price target of $172.28.

Palantir Technologies Inc. $PLTR Shares Acquired by NewEdge Advisors LLC