Uhlmann Price Securities LLC grew its stake in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 94.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,845 shares of the company’s stock after purchasing an additional 8,645 shares during the period. Palantir Technologies makes up approximately 0.2% of Uhlmann Price Securities LLC’s holdings, making the stock its 22nd largest holding. Uhlmann Price Securities LLC’s holdings in Palantir Technologies were worth $3,329,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of PLTR. Guardian Wealth Advisors LLC NC boosted its holdings in Palantir Technologies by 67.5% in the second quarter. Guardian Wealth Advisors LLC NC now owns 10,627 shares of the company’s stock valued at $1,240,000 after acquiring an additional 4,283 shares during the last quarter. Blueprint Investment Partners LLC acquired a new stake in Palantir Technologies in the third quarter worth about $2,901,000. Counterpoint Mutual Funds LLC bought a new stake in Palantir Technologies during the 3rd quarter worth about $1,255,000. Independent Financial Group LLC raised its holdings in Palantir Technologies by 20.8% during the 2nd quarter. Independent Financial Group LLC now owns 188,200 shares of the company’s stock worth $21,957,000 after purchasing an additional 32,427 shares during the last quarter. Finally, World Equity Group Inc. raised its holdings in Palantir Technologies by 7.2% during the 2nd quarter. World Equity Group Inc. now owns 43,627 shares of the company’s stock worth $5,090,000 after purchasing an additional 2,948 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several research analysts have recently issued reports on PLTR shares. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $235.00 target price on shares of Palantir Technologies in a research note on Tuesday. Cantor Fitzgerald boosted their price target on shares of Palantir Technologies from $156.00 to $207.00 and gave the stock a “neutral” rating in a research note on Monday, November 2nd. Royal Bank Of Canada increased their price objective on shares of Palantir Technologies from $90.00 to $130.00 and gave the company an “underperform” rating in a report on Tuesday. DA Davidson reaffirmed a “buy” rating and issued a $250.00 price objective on shares of Palantir Technologies in a research note on Tuesday, November 3rd. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $235.00 price objective (up from $200.00) on shares of Palantir Technologies in a research note on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies has an average rating of “Moderate Buy” and an average target price of $214.53.
Read Our Latest Analysis on Palantir Technologies
Key Stories Impacting Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Palantir beat Q3 earnings and revenue estimates, with revenue up 95.9% year over year to $2.31 billion, and raised its 2026 outlook. U.S. commercial sales also exceeded government sales for the first time, underscoring the potential to broaden its customer base. Palantir Q3 results and outlook
- Negative Sentiment: The main concern is slowing bookings: total contract value growth reportedly decelerated sharply, including in U.S. commercial business. Investors worry this could weaken the revenue pipeline and make it harder to sustain Palantir’s rapid growth. Commercial bookings slowdown
- Negative Sentiment: Palantir is also caught in a broader sell-off in AI-related software stocks. Its premium valuation may leave little room for any slowdown or disappointment, while concerns about government and defense spending add uncertainty. Contract growth warning
Insider Activity at Palantir Technologies
In related news, Director Eric H. Woersching sold 1,000 shares of the business’s stock in a transaction on Friday, October 9th. The shares were sold at an average price of $205.00, for a total value of $205,000.00. Following the sale, the director directly owned 3,465 shares of the company’s stock, valued at approximately $710,325. The trade was a 22.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 on Thursday, October 8th. The stock was sold at an average price of $201.15, for a total transaction of $3,620,700.00. Following the completion of the transaction, the insider directly owned 274,667 shares of the company’s stock, valued at approximately $55,249,267.05. The trade was a 6.15% 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. Insiders have sold 523,716 shares of company stock valued at $92,212,379 over the last three months. Insiders own 9.53% of the company’s stock.
Palantir Technologies Stock Performance
NASDAQ PLTR opened at $160.38 on Friday. The business has a 50 day simple moving average of $185.88 and a 200 day simple moving average of $153.74. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $212.94. The stock has a market cap of $385.40 billion, a price-to-earnings ratio of 112.15, a PEG ratio of 3.36 and a beta of 1.65.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its earnings results on Monday, November 2nd. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.41 by $0.03. Palantir Technologies had a net margin of 50.34% and a return on equity of 30.49%. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same period last year, the company posted $0.21 EPS. The business’s quarterly revenue was up 95.9% on a year-over-year basis. On average, analysts predict that Palantir Technologies Inc. will post 1.36 EPS for the current year.
Palantir Technologies Company Profile
Palantir Technologies is a software company that develops platforms for integrating, analyzing and using data to support operational decisions. Its products are designed to help organizations work with large, complex datasets while managing access and security.
The company’s platforms include Gotham, used primarily by government and intelligence customers; Foundry, designed for commercial and other organizations; Apollo, which supports the deployment and management of software; and Artificial Intelligence Platform (AIP), which helps organizations use artificial intelligence with their data and operations.
Founded in 2003, Palantir initially focused on software for government and intelligence work and later expanded its commercial business.
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