Investment Partners LTD. grew its position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 99.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,546 shares of the company’s stock after purchasing an additional 8,259 shares during the period. Investment Partners LTD.’s holdings in Palantir Technologies were worth $3,095,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. BNB Wealth Management LLC acquired a new stake in Palantir Technologies during the third quarter valued at approximately $238,000. Opinicus Capital Inc. boosted its stake in shares of Palantir Technologies by 2.4% during the 3rd quarter. Opinicus Capital Inc. now owns 2,276 shares of the company’s stock worth $426,000 after acquiring an additional 53 shares in the last quarter. Coyle Financial Counsel LLC acquired a new position in shares of Palantir Technologies in the 3rd quarter worth $300,000. Kassira Wealth Management LLC acquired a new position in shares of Palantir Technologies in the 3rd quarter worth $294,000. Finally, Marin Bay Wealth Advisors LLC grew its holdings in shares of Palantir Technologies by 26.5% in the 3rd quarter. Marin Bay Wealth Advisors LLC now owns 3,822 shares of the company’s stock worth $715,000 after acquiring an additional 801 shares during the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.
Palantir Technologies Price Performance
NASDAQ:PLTR opened at $184.11 on Friday. Palantir Technologies Inc. has a fifty-two week low of $106.37 and a fifty-two week high of $212.94. The stock’s 50-day moving average is $186.90 and its two-hundred day moving average is $153.90. The stock has a market cap of $442.43 billion, a PE ratio of 157.36, a price-to-earnings-growth ratio of 3.28 and a beta of 1.60.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) 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 business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period in the prior year, the firm earned $0.16 earnings per share. The firm’s revenue was up 92.8% compared to the same quarter last year. On average, equities research analysts anticipate that Palantir Technologies Inc. will post 1.29 earnings per share for the current year.
More 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
Wall Street Analyst Weigh In
A number of analysts have commented on the stock. Benchmark reaffirmed a “hold” rating on shares of Palantir Technologies in a research note on Tuesday, August 4th. Robert W. Baird set a $250.00 target price on shares of Palantir Technologies in a research report on Monday, October 12th. Yorkville Ives began coverage on shares of Palantir Technologies in a report on Tuesday, October 6th. They set an “outperform” rating and a $250.00 price target on the stock. Rosenblatt Securities upped their price target on shares of Palantir Technologies from $225.00 to $260.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Zacks Research lowered shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $208.60.
Check Out Our Latest Report on Palantir Technologies
Insider Activity at Palantir Technologies
In other news, 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 completion of the sale, the insider directly owned 56,921 shares of the company’s stock, valued at $9,920,761.09. This trade represents a 2.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 Alexander Karp sold 492,348 shares of the firm’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 transaction, the insider owned 6,432,258 shares in the company, valued at approximately $1,124,294,375.82. This trade 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. Over the last three months, insiders sold 560,390 shares of company stock worth $97,909,177. 9.53% of the stock is currently owned by corporate insiders.
About Palantir Technologies
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.
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