Palantir Technologies Inc. $PLTR Shares Bought by Gainplan LLC

Gainplan LLC grew its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 131.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 6,482 shares of the company’s stock after acquiring an additional 3,682 shares during the quarter. Palantir Technologies makes up about 0.7% of Gainplan LLC’s portfolio, making the stock its 25th biggest position. Gainplan LLC’s holdings in Palantir Technologies were worth $1,212,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of PLTR. Ballast Advisors LLC acquired a new stake in Palantir Technologies during the 1st quarter worth about $29,000. Cornerstone Financial Management LLC purchased a new position in Palantir Technologies during the 4th quarter valued at about $31,000. Whipplewood Advisors LLC acquired a new position in shares of Palantir Technologies in the 1st quarter valued at about $32,000. Prudent Man Investment Management Inc. acquired a new position in shares of Palantir Technologies in the 4th quarter valued at about $35,000. Finally, Reflection Asset Management purchased a new stake in shares of Palantir Technologies in the fourth quarter worth approximately $35,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on PLTR. Deutsche Bank Aktiengesellschaft upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 price target for the company in a report on Tuesday, August 4th. Barclays started coverage on shares of Palantir Technologies in a research note on Thursday. They issued an “overweight” rating and a $265.00 price objective on the stock. Wedbush started coverage on shares of Palantir Technologies in a research report on Tuesday, June 16th. They issued an “outperform” rating for the company. Wolfe Research started coverage on shares of Palantir Technologies in a report on Tuesday, August 4th. They set a “buy” rating on the stock. Finally, Benchmark reaffirmed a “hold” rating on shares of Palantir Technologies in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $198.75.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Goldman Sachs upgraded Palantir to Buy from Neutral and assigned a $230 price target. Analyst Gabriela Borges cited expanding demand for sovereign AI, customized applications and specialized industry solutions, which could significantly enlarge Palantir’s addressable market. Palantir Gets Goldman Sachs Upgrade as Sovereign AI Opens New Market
• Positive Sentiment: The upgrade reinforces a broader bullish analyst narrative. Dan Ives has named Palantir a top artificial intelligence pick, while Yorkville Ives reportedly initiated coverage with a $250 target. Investors are increasingly viewing Palantir as a beneficiary of rising enterprise and government demand for AI infrastructure and software. Dan Ives Thinks AI Buildout Is Still in Early Stages
• Positive Sentiment: Recent coverage highlights Palantir’s expanding Maven-related defense work, Foundry deployments and sovereign AI initiatives. A Foundry implementation at Ocean Power Technologies also demonstrates potential for Palantir’s software to support operational scaling across commercial and international markets. Could Palantir Foundry Be a Turning Point for Ocean Power Technologies?
• Neutral Sentiment: Long-term stock comparisons remain mixed. Palantir is viewed as a leading profitable AI software company, but other companies may offer faster growth or lower valuations over the next five years. The debate underscores the importance of sustaining strong revenue growth to justify PLTR’s premium multiple. Here’s Where Palantir and Other AI Software Stocks Could Be in Five Years
• Negative Sentiment: Valuation remains the principal risk. With the shares trading near their 52-week high and at a very elevated earnings multiple, even modestly slower growth, rising costs or weaker contract momentum could trigger significant volatility.
• Negative Sentiment: Zacks Research cut its rating from Strong Buy to Hold, while reported insider activity shows substantial selling and no open-market purchases during the past six months. These factors may temper enthusiasm despite the Goldman upgrade. Palantir Technologies Stock Dropped to Hold by Zacks Research

Palantir Technologies Stock Performance

Shares of NASDAQ PLTR opened at $198.78 on Friday. The business has a 50 day simple moving average of $176.28 and a 200 day simple moving average of $149.88. Palantir Technologies Inc. has a 52 week low of $106.37 and a 52 week high of $207.52. The stock has a market cap of $477.68 billion, a price-to-earnings ratio of 169.90, a PEG ratio of 2.73 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The firm had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The company’s revenue was up 92.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.16 earnings per share. On average, analysts predict that Palantir Technologies Inc. will post 1.28 EPS for the current year.

Insider Buying and Selling at Palantir Technologies

In other news, insider Jeffrey Buckley sold 2,055 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $174.83, for a total value of $359,275.65. Following the completion of the transaction, the insider directly owned 58,171 shares of the company’s stock, valued at approximately $10,170,035.93. This represents a 3.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 Shyam Sankar sold 35,000 shares of the company’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $155.70, for a total value of $5,449,500.00. Following the completion of the sale, the insider owned 642,786 shares in the company, valued at $100,081,780.20. This trade represents a 5.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 536,364 shares of company stock worth $93,083,303 in the last three months. 9.53% of the stock is currently owned by company insiders.

About Palantir Technologies

Palantir Technologies Inc (NASDAQ: PLTR) develops software platforms that help organizations integrate, analyze and act on large and complex datasets. Its principal platforms include Gotham, which is designed primarily for government and defense applications; Foundry, which supports commercial and institutional data operations; Apollo, which helps deploy and manage software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects large language models and other AI tools with an organization’s data and workflows.

The company serves government agencies, defense and intelligence organizations, and commercial businesses in industries such as manufacturing, healthcare, energy and financial services.