Palantir Technologies Inc. $PLTR Stock Purchased by ProShare Advisors LLC

ProShare Advisors LLC boosted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 3.8% in the third quarter, Holdings Channel.com reports. The firm owned 2,674,972 shares of the company’s stock after acquiring an additional 99,052 shares during the period. Palantir Technologies makes up about 0.7% of ProShare Advisors LLC’s investment portfolio, making the stock its 19th largest position. ProShare Advisors LLC’s holdings in Palantir Technologies were worth $500,354,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vise Technologies Inc. boosted its holdings in Palantir Technologies by 27.0% in the third quarter. Vise Technologies Inc. now owns 106,132 shares of the company’s stock worth $19,852,000 after acquiring an additional 22,575 shares in the last quarter. Investment Partners LTD. increased its holdings in Palantir Technologies by 99.7% during the 3rd quarter. Investment Partners LTD. now owns 16,546 shares of the company’s stock valued at $3,095,000 after purchasing an additional 8,259 shares during the period. BNB Wealth Management LLC purchased a new stake in shares of Palantir Technologies in the 3rd quarter worth about $238,000. Opinicus Capital Inc. lifted its position in Palantir Technologies by 2.4% in the 3rd quarter. Opinicus Capital Inc. now owns 2,276 shares of the company’s stock valued at $426,000 after acquiring an additional 53 shares in the last quarter. Finally, Coyle Financial Counsel LLC purchased a new position in shares of Palantir Technologies in the third quarter worth approximately $300,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Palantir Technologies

In related news, insider Alexander Karp sold 492,348 shares of Palantir Technologies stock in a transaction on Thursday, August 20th. The stock was 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 of the company’s stock, valued at approximately $1,124,294,375.82. This trade represents a 7.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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, Director Lauren Friedman Stat sold 5,026 shares of the business’s stock in a transaction on 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 directly owned 46,402 shares of the company’s stock, valued at $9,233,998. This represents a 9.77% 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. Over the last three months, insiders have sold 560,390 shares of company stock worth $97,909,177. Company insiders own 9.53% of the company’s stock.

Palantir Technologies Trading Down 6.3%

PLTR opened at $184.11 on Friday. The stock has a market capitalization of $442.43 billion, a P/E ratio of 157.36, a P/E/G ratio of 3.28 and a beta of 1.60. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $212.94. The firm’s fifty day simple moving average is $186.90 and its 200 day simple moving average is $153.90.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data 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. The firm 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%. The business’s revenue for the quarter was up 92.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.16 earnings per share. On average, equities research analysts predict that Palantir Technologies Inc. will post 1.29 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on PLTR. 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. Piper Sandler lifted their price target on shares of Palantir Technologies from $230.00 to $231.00 and gave the company an “overweight” rating in a research report on Friday, October 23rd. Zacks Research lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. Cantor Fitzgerald started coverage on Palantir Technologies in a report on Tuesday, August 4th. They set an “overweight” rating for the company. Finally, The Goldman Sachs Group upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and set a $230.00 target price for the company in a research report on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Palantir Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $208.60.

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

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.