Harel Insurance Investments & Financial Services Ltd. reduced its position in Palantir Technologies by 19.9% during the third quarter, selling 7,076 shares to hold 28,490 shares at the end of the period. According to its SEC filing, the remaining stake had a reported value of $5.19 million. This move marks a notable shift for one of the firm’s larger institutional holdings and may signal a reassessment of Palantir’s risk-return profile among conservative investors.

Several other asset managers adjusted their exposure to Palantir in the same quarter. Decker Retirement Planning Inc. increased its holdings by 778.7%, adding 54,347 shares to reach 61,326 shares valued at $11.19 million. Vanguard Group Inc. lifted its position by 3.6%, acquiring 7.19 million additional shares to total 205.72 million shares. Truist Financial Corp grew its stake by 4.2%, adding 21,809 shares for a total of 537,000 shares. Meanwhile, Prentice Wealth Management LLC initiated a new position worth $550,000, and Watershed Private Wealth LLC expanded its position by 75.3%, adding 3,350 shares to reach 7,798 shares. Overall institutional ownership stands at 45.65%.

Corporate insiders have sold a combined 1,023,444 shares in the past 90 days, generating proceeds of $167.39 million. Notable transactions include David A. Glazer’s sale of 15,557 shares—reducing his stake by 3.61%—and Ryan D. Taylor’s sale of 36,048 shares—cutting his holding by 12.54%. Following these trades, insiders collectively own 9.23% of the company’s stock. The uptick in insider dispositions may raise governance concerns and could temper near-term upside expectations.

In its latest quarterly report, Palantir posted revenue of $1.18 billion, surpassing consensus by 8.3%, and delivered earnings per share of $0.21, beating estimates by $0.04. Revenue increased 62.8% year-over-year, driven by contract expansions in the government and commercial segments. The company reported a net margin of 28.11% and a return on equity of 15.48%. Analysts project full-year EPS of $0.31 and forecast continued double-digit top-line growth, reinforcing Palantir’s positioning as a high-growth software platform despite its premium valuation multiples.