Palantir Technologies Inc. $PLTR Stock Sold by Americana Partners LLC

Americana Partners LLC decreased its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 22.0% in the 3rd quarter, Holdings Channel reports. The firm owned 122,613 shares of the company’s stock after selling 34,606 shares during the period. Americana Partners LLC’s holdings in Palantir Technologies were worth $22,935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Signature Wealth Management Partners LLC boosted its position in shares of Palantir Technologies by 1.0% during the 3rd quarter. Signature Wealth Management Partners LLC now owns 5,140 shares of the company’s stock worth $961,000 after purchasing an additional 51 shares in the last quarter. Atlatl Advisers LLC lifted its position in Palantir Technologies by 0.4% during the third quarter. Atlatl Advisers LLC now owns 13,174 shares of the company’s stock worth $2,464,000 after buying an additional 53 shares during the period. Demars Financial Group LLC increased its position in Palantir Technologies by 2.7% during the third quarter. Demars Financial Group LLC now owns 2,054 shares of the company’s stock worth $384,000 after purchasing an additional 54 shares during the last quarter. PFS Partners LLC raised its position in shares of Palantir Technologies by 28.9% in the 3rd quarter. PFS Partners LLC now owns 250 shares of the company’s stock worth $47,000 after buying an additional 56 shares during the period. Finally, Brucke Financial Inc. lifted its holdings in shares of Palantir Technologies by 1.3% during the 3rd quarter. Brucke Financial Inc. now owns 4,491 shares of the company’s stock valued at $840,000 after acquiring an additional 57 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analysts Set New Price Targets

PLTR has been the subject of several recent research reports. Cantor Fitzgerald began coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They set an “overweight” rating for the company. Roth Capital started coverage on Palantir Technologies in a report on Tuesday, August 4th. They set a “buy” rating on the stock. JPMorgan Chase & Co. initiated coverage on Palantir Technologies in a report on Thursday. They set an “overweight” rating and a $262.00 target price for the company. Wolfe Research initiated coverage on Palantir Technologies in a research report on Tuesday, August 4th. They set a “buy” rating on the stock. Finally, UBS Group boosted their target price on Palantir Technologies from $220.00 to $250.00 and gave the company a “buy” rating in a research note on Tuesday, September 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Palantir Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $208.60.

Palantir Technologies News Roundup

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

• Positive Sentiment: AI demand and earnings expectations remain strong. Analysts expect third-quarter revenue to increase about 84%, supported by demand for Palantir’s Artificial Intelligence Platform (AIP) across government and commercial customers. Investors are also looking for another revenue beat and a potential increase to full-year guidance. Will Top-Line Improvement Benefit Palantir in Q3 Earnings?
• Positive Sentiment: Several analysts see additional upside. JPMorgan initiated coverage with an Overweight rating, placed Palantir on its Analyst Focus List and set a December 2027 price target of $262. Oppenheimer also raised its target to $235 from $200 and maintained an Outperform rating, citing the potential for continued revenue beats. JPMorgan starts Palantir at Overweight
• Neutral Sentiment: Earnings are the immediate catalyst. Wall Street expects exceptional revenue and profit growth, but the stock’s roughly 60% rally since its previous report has raised the bar. Investors will focus on revenue growth, commercial customer momentum and guidance when Palantir reports. Should Palantir Stock Be in Your Portfolio Before Q3 Earnings?
• Negative Sentiment: Valuation and chart weakness are limiting enthusiasm. With a market capitalization above $440 billion and a price-to-earnings ratio near 157, Palantir has substantial growth already priced in. Shares are testing their 50-day moving average near $186.70; technical analysts identify stronger support around $160–$166 if the earnings reaction disappoints. Palantir Price Forecast: Earnings Loom as Downside Risks Build
• Negative Sentiment: Market conditions are adding pressure. A broader technology sell-off and concerns about excessive AI spending have encouraged investors to adopt a more defensive stance. Morgan Stanley has retained a Hold rating, citing Palantir’s rich valuation, while a negative earnings-surprise indicator adds near-term risk. Ahead of Palantir Earnings, Here’s What Barchart Data Says

Insiders Place Their Bets

In related news, insider Alexander Karp sold 492,348 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $174.79, for a total value of $86,057,506.92. Following the sale, the insider owned 6,432,258 shares of the company’s stock, valued at $1,124,294,375.82. The trade was a 7.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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. Also, insider Jeffrey Buckley sold 1,250 shares of the firm’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $174.29, for a total transaction of $217,862.50. Following the transaction, the insider owned 56,921 shares of the company’s stock, valued at approximately $9,920,761.09. This represents a 2.15% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders have sold a total of 560,390 shares of company stock valued at $97,909,177 over the last 90 days. Company insiders own 9.53% of the company’s stock.

Palantir Technologies Trading Down 6.3%

Shares of NASDAQ:PLTR opened at $184.11 on Friday. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $212.94. The firm has a market capitalization of $442.43 billion, a PE ratio of 157.36, a PEG ratio of 3.50 and a beta of 1.60. The business’s 50 day moving average is $186.90 and its 200-day moving average is $153.90.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The firm had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the company earned $0.16 earnings per share. The business’s revenue was up 92.8% compared to the same quarter last year. On average, sell-side analysts predict that Palantir Technologies Inc. will post 1.29 EPS for the current year.

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.