TSG Advice Partners LLC Purchases New Stake in Palantir Technologies Inc. $PLTR

TSG Advice Partners LLC purchased a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 3,265 shares of the company’s stock, valued at approximately $611,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in PLTR. Ballast Advisors LLC bought a new position in shares of Palantir Technologies in the first quarter valued at $29,000. Whipplewood Advisors LLC bought a new stake in Palantir Technologies during the first quarter worth $32,000. C M Bidwell & Associates Ltd. bought a new stake in Palantir Technologies during the second quarter worth $35,000. Laurel Wealth Advisors LLC bought a new stake in Palantir Technologies during the third quarter worth $35,000. Finally, Cranbrook Wealth Management LLC lifted its stake in Palantir Technologies by 40.7% in the third quarter. Cranbrook Wealth Management LLC now owns 197 shares of the company’s stock valued at $37,000 after acquiring an additional 57 shares during the last quarter. Institutional investors own 45.65% of the company’s stock.

Insiders Place Their Bets

In other news, Director Eric H. Woersching sold 1,000 shares of Palantir Technologies stock in a transaction on Friday, October 9th. The stock was sold at an average price of $205.00, for a total transaction of $205,000.00. Following the completion of the sale, the director owned 3,465 shares of the company’s stock, valued at approximately $710,325. This trade represents a 22.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Friedman Stat sold 5,026 shares of Palantir Technologies stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $199.00, for a total value of $1,000,174.00. Following 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 position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 560,390 shares of company stock worth $97,909,177 over the last three months. 9.53% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

PLTR has been the subject of a number of analyst reports. UBS Group lifted their price objective on shares of Palantir Technologies from $220.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, September 15th. Benchmark reaffirmed a “hold” rating on shares of Palantir Technologies in a report on Tuesday, August 4th. Northland Securities set a $200.00 target price on shares of Palantir Technologies in a report on Tuesday, August 4th. Weiss Ratings upgraded shares of Palantir Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 23rd. Finally, Needham & Company LLC set a $215.00 price target on Palantir Technologies in a report on Tuesday, August 11th. One investment 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 given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $211.23.

Palantir Technologies News Summary

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

• Positive Sentiment: Q3 results exceeded expectations. Palantir reported adjusted earnings of $0.44 per share versus the $0.41 consensus estimate, while revenue reached approximately $2.313 billion, well above expectations of $2.18 billion and up about 96% year over year. Palantir tops third-quarter revenue estimates on strong AI software demand
• Positive Sentiment: Commercial growth is accelerating. U.S. commercial revenue increased roughly 148% year over year and surpassed U.S. government revenue for the first time, indicating that Palantir’s customer expansion and increased spending by existing clients are broadening its growth base. Palantir reports booming U.S. commercial revenue growth
• Positive Sentiment: Management raised its outlook. Palantir lifted its full-year 2026 revenue-growth forecast to 91% and increased its U.S. commercial revenue-growth outlook to 143%, reinforcing the bullish AI software demand narrative. Palantir Q3 2026 results and guidance
• Neutral Sentiment: Analyst opinion remains mixed. Cantor Fitzgerald raised its price target to $207 but retained a “neutral” rating, while JPMorgan initiated coverage with an “overweight” rating and a $262 target. These targets provide support, but also highlight the stock’s dependence on continued exceptional execution.
• Negative Sentiment: Valuation and growth durability are the main concerns. With Palantir trading at well over 100 times earnings, some analysts argue that much of the expected growth is already priced in. Articles also flagged a slowdown in new deals and questioned whether the company is replenishing its growth pipeline quickly enough. Those concerns likely explain the negative reaction despite the earnings and guidance beats. Palantir impressive numbers but something is missing

Palantir Technologies Stock Down 3.1%

Shares of NASDAQ:PLTR opened at $178.34 on Tuesday. Palantir Technologies Inc. has a 12-month low of $106.37 and a 12-month high of $212.94. The business has a 50 day moving average of $186.87 and a 200-day moving average of $153.90. The stock has a market cap of $428.56 billion, a PE ratio of 152.43, a P/E/G ratio of 3.51 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, November 2nd. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.18 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. The firm’s quarterly revenue was up 95.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.21 earnings per share. Equities research analysts expect that Palantir Technologies Inc. will post 1.29 earnings per share for the current year.

Palantir Technologies Company 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.