3,353 Shares in Palantir Technologies Inc. $PLTR Acquired by Left Brain Wealth Management LLC

Left Brain Wealth Management LLC bought a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,353 shares of the company’s stock, valued at approximately $627,000.

A number of other institutional investors and hedge funds have also bought and sold shares of PLTR. Laurel Wealth Advisors LLC bought a new stake in shares of Palantir Technologies in the 3rd quarter worth approximately $35,000. Cranbrook Wealth Management LLC increased its position in shares of Palantir Technologies by 40.7% during the third quarter. Cranbrook Wealth Management LLC now owns 197 shares of the company’s stock valued at $37,000 after purchasing an additional 57 shares during the period. Ballast Advisors LLC bought a new stake in shares of Palantir Technologies during the first quarter valued at approximately $29,000. Retirement Wealth Solutions LLC raised its stake in shares of Palantir Technologies by 51.7% in the third quarter. Retirement Wealth Solutions LLC now owns 217 shares of the company’s stock valued at $41,000 after purchasing an additional 74 shares in the last quarter. Finally, Dakota Community Bank & Trust NA raised its stake in shares of Palantir Technologies by 219.1% in the third quarter. Dakota Community Bank & Trust NA now owns 217 shares of the company’s stock valued at $41,000 after purchasing an additional 149 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

Key Palantir Technologies News

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

Palantir Technologies Trading Down 6.3%

NASDAQ PLTR opened at $184.11 on Friday. The firm has a market cap of $442.43 billion, a price-to-earnings ratio of 157.36, a PEG ratio of 3.50 and a beta of 1.60. The company has a 50 day moving average of $186.90 and a 200-day moving average of $153.90. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $212.94.

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

Analyst Ratings Changes

PLTR has been the subject of several research reports. Benchmark reaffirmed a “hold” rating on shares of Palantir Technologies in a research report on Tuesday, August 4th. Piper Sandler boosted their price target on shares of Palantir Technologies from $230.00 to $231.00 and gave the company an “overweight” rating in a report on Friday, October 23rd. William Blair restated an “outperform” rating on shares of Palantir Technologies in a research note on Wednesday, August 26th. Royal Bank Of Canada restated an “underperform” rating on shares of Palantir Technologies in a research note on Wednesday. Finally, Yorkville Ives initiated coverage on shares of Palantir Technologies in a report on Tuesday, October 6th. They set an “outperform” rating and a $250.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $208.60.

Insider Activity at Palantir Technologies

In related news, Director Lauren Friedman Stat sold 5,026 shares of the stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $199.00, for a total value of $1,000,174.00. Following the sale, the director directly owned 46,402 shares in the company, valued at $9,233,998. This trade represents a 9.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander C. Karp sold 492,348 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $174.79, for a total transaction 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. This represents a 7.11% decrease in their ownership of the stock. 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 worth $97,909,177. 9.53% of the stock is owned by company insiders.

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.