107,678 Palantir Technologies Inc. $PLTR Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC cut its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 68.3% during the third quarter, HoldingsChannel.com reports. The firm owned 50,000 shares of the company’s stock after selling 107,678 shares during the period. International Assets Investment Management LLC’s holdings in Palantir Technologies were worth $9,352,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PLTR. BlackRock Inc. lifted its position in Palantir Technologies by 0.4% in the 2nd quarter. BlackRock Inc. now owns 189,817,693 shares of the company’s stock worth $22,146,030,000 after buying an additional 757,322 shares in the last quarter. State Street Corp grew its holdings in shares of Palantir Technologies by 2.8% during the 2nd quarter. State Street Corp now owns 104,490,468 shares of the company’s stock valued at $12,190,903,000 after acquiring an additional 2,863,874 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Palantir Technologies by 1.0% in the second quarter. Bank of America Corp DE now owns 19,020,265 shares of the company’s stock worth $2,219,094,000 after acquiring an additional 180,486 shares during the last quarter. Amundi increased its stake in shares of Palantir Technologies by 7.4% in the second quarter. Amundi now owns 17,623,053 shares of the company’s stock worth $2,056,082,000 after acquiring an additional 1,212,653 shares during the last quarter. Finally, Jennison Associates LLC purchased a new stake in shares of Palantir Technologies during the first quarter worth $1,574,111,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Palantir Technologies news, insider Jeffrey Buckley sold 2,055 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $174.83, for a total value of $359,275.65. Following the completion of the sale, the insider directly owned 58,171 shares of the company’s stock, valued at $10,170,035.93. This represents a 3.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the completion of the sale, the insider owned 642,786 shares of the company’s stock, valued at approximately $100,081,780.20. The trade was a 5.16% decrease in their position. The disclosure for this sale is available in the SEC filing. 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

PLTR has been the topic of several research reports. Weiss Ratings raised Palantir Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Jefferies Financial Group reiterated an “underperform” rating and set a $80.00 price target on shares of Palantir Technologies in a report on Tuesday, August 4th. DA Davidson lifted their price target on Palantir Technologies from $200.00 to $250.00 and gave the company a “buy” rating in a report on Friday, September 11th. Oppenheimer reissued an “outperform” rating and issued a $235.00 price target (up from $200.00) on shares of Palantir Technologies in a research note on Thursday. Finally, Needham & Company LLC set a $215.00 price objective 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 assigned a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Palantir Technologies currently has an average rating of “Moderate Buy” and an average target price 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 Price Performance

Palantir Technologies stock opened at $184.11 on Friday. Palantir Technologies Inc. has a fifty-two week low of $106.37 and a fifty-two week high of $212.94. The firm has a fifty day moving average price of $186.90 and a two-hundred day moving average price of $153.90. The firm has a market cap of $442.43 billion, a price-to-earnings ratio of 157.36, a P/E/G ratio of 3.28 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, August 3rd. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the company posted $0.16 earnings per share. The firm’s revenue for the quarter was up 92.8% on a year-over-year basis. As a group, sell-side 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.