Palantir Technologies Inc. $PLTR Holdings Increased by VestGen Advisors LLC

VestGen Advisors LLC raised its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 36.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 233,365 shares of the company’s stock after purchasing an additional 61,853 shares during the quarter. Palantir Technologies makes up about 1.3% of VestGen Advisors LLC’s holdings, making the stock its 12th biggest holding. VestGen Advisors LLC’s holdings in Palantir Technologies were worth $43,651,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in PLTR. Ballast Advisors LLC purchased a new stake in shares of Palantir Technologies in the 1st quarter worth about $29,000. Whipplewood Advisors LLC bought a new stake in shares of Palantir Technologies during the 1st quarter valued at about $32,000. C M Bidwell & Associates Ltd. purchased a new position in shares of Palantir Technologies during the second quarter valued at about $35,000. Laurel Wealth Advisors LLC purchased a new position in shares of Palantir Technologies during the third quarter valued at about $35,000. Finally, Retirement Wealth Solutions LLC raised its stake in Palantir Technologies by 51.7% in the third quarter. Retirement Wealth Solutions LLC now owns 217 shares of the company’s stock worth $41,000 after buying an additional 74 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors.

Palantir Technologies Price Performance

Shares of Palantir Technologies stock opened at $196.81 on Thursday. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year high of $212.94. The firm has a market cap of $472.95 billion, a price-to-earnings ratio of 168.21, a PEG ratio of 3.46 and a beta of 1.60. The company has a 50-day moving average of $186.28 and a 200 day moving average of $153.79.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, August 3rd. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.34 by $0.07. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. Palantir Technologies’s quarterly revenue was up 92.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.16 earnings per share. On average, equities analysts anticipate that Palantir Technologies Inc. will post 1.31 EPS for the current year.

Palantir Technologies News Summary

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

• Positive Sentiment: Palantir’s strong operating momentum remains a potential catalyst. Analysts expect third-quarter earnings of approximately $0.41 per share, while recent coverage points to accelerating demand from U.S. commercial and government customers, expanding margins and additional business from existing clients. Palantir Could Crush Q3 Earnings, But 1 Risk Could Spoil the Rally
• Positive Sentiment: The company’s partner expansion could support future commercial growth. Aplos Data was elevated to Palantir’s Vanguard: Elite partner status, potentially widening deployment of Foundry and Palantir’s Artificial Intelligence Platform among U.S. businesses. Palantir Technologies Deepens U.S. Reach With New Vanguard Elite Partner
• Neutral Sentiment: Options markets imply an unusually large move of roughly 11.65% following the November 2 earnings release, highlighting elevated event risk rather than signaling a clear direction. Investors are focused on U.S. commercial customer growth, free cash flow and management’s guidance. Palantir Stock Could Swing 11.65% After Q3 Earnings
• Negative Sentiment: RBC Capital issued a fresh warning ahead of earnings, reinforcing concerns that Palantir must deliver exceptionally strong results and guidance to justify its elevated valuation. The stock trades at roughly 168 times earnings, leaving limited room for disappointment. Palantir Stock Falls After RBC Delivers Fresh Warning Ahead of Earnings
• Negative Sentiment: Additional commentary describes Palantir as a crowded, richly valued AI trade. Higher interest rates could compress high-growth technology multiples, while any slowdown in revenue growth, free cash flow or customer additions could trigger a sharper pullback. Palantir Stock Could Be 5% Above Fair Value

Insider Buying and Selling at Palantir Technologies

In related news, insider Ryan D. Taylor sold 18,000 shares of the company’s stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $201.15, for a total value of $3,620,700.00. Following the sale, the insider owned 274,667 shares in the company, valued at $55,249,267.05. This represents a 6.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander C. Karp sold 492,348 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $174.79, for a total value of $86,057,506.92. Following the completion of the sale, the insider owned 6,432,258 shares in the company, valued at $1,124,294,375.82. The trade was a 7.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 560,390 shares of company stock valued at $97,909,177. 9.53% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have commented on PLTR. William Blair restated an “outperform” rating on shares of Palantir Technologies in a report on Wednesday, August 26th. Piper Sandler lifted their price objective on Palantir Technologies from $230.00 to $231.00 and gave the company an “overweight” rating in a research report on Friday, October 23rd. Cantor Fitzgerald began coverage on Palantir Technologies in a report on Tuesday, August 4th. They set an “overweight” rating on the stock. The Goldman Sachs Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $230.00 target price for the company in a research report on Thursday, October 8th. Finally, Barclays started coverage on Palantir Technologies in a research note on Friday, October 9th. They issued an “overweight” rating and a $265.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Palantir Technologies presently has an average rating of “Moderate Buy” and an average price target of $205.55.

Palantir Technologies Company Profile

Palantir Technologies Inc develops software platforms that help government agencies and commercial organizations integrate, analyze and act on data. Its products are designed to support complex operations such as defense and intelligence, supply-chain management, manufacturing, healthcare and other data-intensive activities.

Palantir’s principal platforms include Gotham, which is primarily used by government and defense customers; Foundry, which helps commercial and institutional users build data-driven workflows; Apollo, a platform for deploying and managing software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects generative artificial intelligence capabilities with an organization’s data and operational systems.

Founded in 2003, the company initially focused on software for government and national-security applications before expanding into commercial markets.