Harel Insurance Investments & Financial Services Ltd. disclosed a 19.9% reduction in its Palantir Technologies shareholding during the third quarter, selling 7,076 shares and ending the period with 28,490 shares valued at $5.19 million. This adjustment marks a strategic shift for the Israeli insurer, which had accumulated its position over prior quarters amid Palantir’s rapid revenue expansion and growing institutional interest in the company’s data-analytics platforms.

Several prominent funds also recalibrated their Palantir allocations. Decker Retirement Planning boosted its stake by 778.7%, adding 54,347 shares to reach 61,326 shares worth $11.19 million. Vanguard Group increased its holdings by 3.6%, taking its total to over 205 million shares valued at $28.04 billion, while Truist Financial added 21,809 shares for a 4.2% gain. Watershed Private Wealth and Prentice Wealth Management each built new or expanded positions, reflecting a diversified institutional view as roughly 45.65% of Palantir shares remain in professional hands.

Insider selling accelerated late in the quarter, with co-CFO David A. Glazer divesting 15,557 shares and executive Ryan D. Taylor offloading 36,048 shares. Together, insiders have disposed of 1,023,444 shares worth $167.4 million over the past 90 days, reducing their collective ownership to 9.23%. These transactions followed strong operational results but raise questions about potential near-term headwinds or portfolio rebalancing ahead of year-end.

On November 3, Palantir reported Q3 revenue of $1.18 billion, up 62.8% year-over-year and surpassing consensus by $90 million, driven by double-digit growth in both government and commercial segments. Adjusted EPS of $0.21 topped estimates by $0.04, while net margin improved to 28.11%. Management reiterated full-year guidance, and analysts have set a consensus earnings outlook of $0.31 per share for the current fiscal year, underscoring continued investor focus on profitability alongside top-line momentum.