<div id="readability-page-1"><p>Anchor Investment Management LLC grew its stake in  Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 1,296.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor  owned 6,691 shares of the company's stock after buying an additional 6,212 shares during the period. Anchor Investment Management LLC's holdings in Palantir Technologies were worth $912,000 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>MarketBeat Week in Review – 12/8 - 12/12</li></ul><p>Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Signature Resources Capital Management LLC purchased a new stake in shares of  Palantir Technologies in the 2nd quarter valued at about $25,000.  Wealth Preservation Advisors LLC acquired a new position in  Palantir Technologies during the first quarter worth approximately $27,000.  1248 Management LLC purchased a new stake in  Palantir Technologies in the first quarter valued at approximately $27,000.  Briaud Financial Planning Inc purchased a new stake in  Palantir Technologies in the second quarter valued at approximately $27,000.  Finally, LFA Lugano Financial Advisors SA acquired a new stake in shares of  Palantir Technologies in the second quarter valued at approximately $27,000. 45.65% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Insider Transactions at Palantir Technologies</h2><p>In other news, insider David A. Glazer sold 1,973 shares of the business's stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $156.25, for a total transaction of $308,281.25. Following the completion of the sale, the insider owned 413,639 shares in the company, valued at approximately $64,631,093.75. The trade was a 0.47% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this link. Also, insider Ryan D. Taylor sold 36,048 shares of the firm's stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $162.36, for a total transaction of $5,852,753.28. Following the completion of the transaction, the insider owned 251,409 shares in the company, valued at $40,818,765.24. The trade was a 12.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,008,844 shares of company stock valued at $164,676,161 in the last quarter. Insiders own  12.93% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>Santa Claus May Be Coming Early for Palantir Investors</li></ul><p>Several analysts recently commented on PLTR shares. DA Davidson upped their price target on shares of Palantir Technologies from $170.00 to $215.00 and gave the company a &#34;neutral&#34; rating in a research report on Tuesday, November 4th. Morgan Stanley lifted their price objective on shares of Palantir Technologies from $155.00 to $205.00 and gave the company an &#34;equal weight&#34; 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 &#34;overweight&#34; rating in a research note on Tuesday, November 4th. HSBC boosted their price target on Palantir Technologies from $181.00 to $197.00 and gave the company a &#34;hold&#34; rating in a research report on Wednesday, November 5th. Finally, Royal Bank Of Canada upped their price objective on Palantir Technologies from $45.00 to $50.00 and gave the company an &#34;underperform&#34; rating in a research note on Tuesday, November 4th. Four equities research analysts have rated the stock with a Buy rating, seventeen have issued  a Hold rating and two have issued  a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies  has an average rating of &#34;Hold&#34; and a consensus price target of $172.28.</p><p><b>Read Our Latest Analysis on Palantir Technologies</b></p><h2>Palantir Technologies Stock Performance</h2><ul><li>Beyond the Magnificent 7: Meet 3 of Tech’s Rising Stars</li></ul><p>Palantir Technologies stock opened at $183.57 on Monday. The stock's fifty day moving average is $179.31 and its two-hundred day moving average is $163.90. Palantir Technologies Inc. has a fifty-two week low of $63.40 and a fifty-two week high of $207.52. The firm has a market capitalization of $437.53 billion, a price-to-earnings ratio of 437.08, a price-to-earnings-growth ratio of 7.12 and a beta of 1.50. </p><p>Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted its earnings results on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.04. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates 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 was up 62.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.10 EPS.  As a group, sell-side analysts forecast that  Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year. </p><h2>Palantir Technologies Company Profile</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>See Also</h2><ul><li>Five stocks we like better than Palantir Technologies</li><li>Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?</li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li><li>How to Short a Stock in 5 Easy Steps </li><li>3 Finance Stocks to Buy on Rising 10-Year Treasury Rates</li><li>Earnings Per Share Calculator: How to Calculate EPS</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li></ul><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>Anchor Investment Management LLC increased its stake in Palantir Technologies Inc. by 1,296.9% in Q2, owning 6,691 shares worth $912,000. Insiders sold shares, with notable transactions by David A. Glazer and Ryan D. Taylor. Analysts have mixed ratings, with price targets ranging from $45 to $225. Palantir's stock opened at $183.57, with a market cap of $437.53 billion and recent earnings surpassing expectations.</p>

- Anchor Investment Management LLC increased its stake in Palantir Technologies by 1,296.9% in Q2, owning 6,691 shares valued at $912,000.  
- Several institutional investors also acquired stakes in Palantir, with 45.65% of the stock currently held by such entities.  
- Palantir reported a 62.8% year-over-year revenue increase, with earnings per share of $0.21, surpassing analysts' expectations.

Palantir Technologies Inc. $PLTR Shares Bought by Anchor Investment Management LLC