Profund Advisors LLC Sells 14,760 Shares of Palantir Technologies Inc. $PLTR

Profund Advisors LLC reduced its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 7.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 177,137 shares of the company’s stock after selling 14,760 shares during the quarter. Palantir Technologies comprises approximately 1.0% of Profund Advisors LLC’s portfolio, making the stock its 18th biggest position. Profund Advisors LLC’s holdings in Palantir Technologies were worth $33,133,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Laurel Wealth Advisors LLC purchased a new position in shares of Palantir Technologies in the 3rd quarter valued at approximately $35,000. Cranbrook Wealth Management LLC boosted its position in Palantir Technologies by 40.7% during the third quarter. Cranbrook Wealth Management LLC now owns 197 shares of the company’s stock worth $37,000 after purchasing an additional 57 shares in the last quarter. Ballast Advisors LLC purchased a new stake in shares of Palantir Technologies in the 1st quarter worth about $29,000. Retirement Wealth Solutions LLC grew its position 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 during the last quarter. Finally, Dakota Community Bank & Trust NA increased its position in Palantir Technologies by 219.1% during the third quarter. Dakota Community Bank & Trust NA now owns 217 shares of the company’s stock worth $41,000 after buying an additional 149 shares in the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies Stock Performance

Palantir Technologies stock 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 50 day moving average price of $186.90 and a 200 day moving average price of $153.90. The company has a market cap of $442.43 billion, a price-to-earnings ratio of 157.36, a PEG ratio of 3.28 and a beta of 1.60.

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. The company had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. Palantir Technologies’s revenue was up 92.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.16 earnings per share. Sell-side analysts predict that Palantir Technologies Inc. will post 1.29 EPS for the current year.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, Director Lauren Friedman Stat sold 5,026 shares of the business’s stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $199.00, for a total transaction of $1,000,174.00. Following the completion of the sale, the director owned 46,402 shares of the company’s stock, valued at approximately $9,233,998. The trade was a 9.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ryan D. Taylor sold 18,000 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $55,249,267.05. This represents a 6.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 560,390 shares of company stock worth $97,909,177. 9.53% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Weiss Ratings upgraded shares of Palantir Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. Robert W. Baird set a $250.00 price objective on shares of Palantir Technologies in a research note on Monday, October 12th. Wolfe Research started coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They issued a “buy” rating for the company. The Goldman Sachs Group upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and set a $230.00 price objective on the stock in a report on Thursday, October 8th. Finally, Mizuho lifted their price objective on Palantir Technologies from $215.00 to $245.00 and gave the company an “outperform” rating in a research report on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $208.60.

Trending Headlines about Palantir Technologies

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 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.