Franchise GP Ltd Buys New Holdings in Palantir Technologies Inc. $PLTR

Franchise GP Ltd acquired a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 30,207 shares of the company’s stock, valued at approximately $5,650,000. Palantir Technologies comprises about 2.4% of Franchise GP Ltd’s investment portfolio, making the stock its 15th largest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Patriot Investment Management Group Inc. purchased a new position in shares of Palantir Technologies during the third quarter worth about $216,000. ACT Advisors LLC. increased its position in shares of Palantir Technologies by 18.0% during the third quarter. ACT Advisors LLC. now owns 2,299 shares of the company’s stock worth $430,000 after purchasing an additional 350 shares in the last quarter. Quattro Financial Advisors LLC acquired a new stake in shares of Palantir Technologies during the third quarter worth about $323,000. Ellsworth Advisors LLC purchased a new stake in shares of Palantir Technologies in the 3rd quarter valued at about $229,000. Finally, Andrews Advisory Associates LLC lifted its holdings in shares of Palantir Technologies by 4.5% in the 3rd quarter. Andrews Advisory Associates LLC now owns 2,913 shares of the company’s stock valued at $545,000 after purchasing an additional 125 shares during the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, Director Eric Woersching sold 1,000 shares of Palantir Technologies stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $205.00, for a total value of $205,000.00. Following the transaction, the director directly owned 3,465 shares in the company, valued at approximately $710,325. This trade represents a 22.40% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 the business’s stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $199.00, for a total value of $1,000,174.00. Following the completion of the transaction, the director directly owned 46,402 shares in the company, valued at approximately $9,233,998. The trade was a 9.77% 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. Insiders sold 560,390 shares of company stock worth $97,909,177 in the last ninety days. Company insiders own 9.53% of the company’s stock.

Palantir Technologies Stock Performance

Shares of NASDAQ:PLTR opened at $200.50 on Friday. The company has a 50-day simple moving average of $182.33 and a 200-day simple moving average of $151.76. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $212.94. The stock has a market capitalization of $481.81 billion, a price-to-earnings ratio of 171.37, a PEG ratio of 3.54 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results 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 analyst estimates of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. The business’s revenue was up 92.8% on a year-over-year basis. During the same quarter last year, the company posted $0.16 earnings per share. As a group, research analysts forecast that Palantir Technologies Inc. will post 1.31 EPS for the current fiscal year.

Key Palantir Technologies News

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

• Positive Sentiment: Palantir agreed to deploy its Foundry and Artificial Intelligence Platform (AIP) with Customers Bank to automate commercial-client onboarding while preserving a high-touch banking experience. The deal expands Palantir’s commercial footprint into banking and supports the company’s broader strategy of converting AI demand into recurring enterprise contracts. Palantir Customers Bank collaboration
• Positive Sentiment: Surf Air Mobility signed its fifth OperatorOS contract, with Flying Zebra, for aviation software powered by Palantir. Although the agreement is with Surf Air rather than directly with Palantir, it provides another example of AIP-related technology gaining commercial adoption. Surf Air and Flying Zebra contract
• Positive Sentiment: Goldman Sachs upgraded Palantir to Buy from Neutral, while separate valuation research lifted its fair-value estimate to approximately $205.27 from $195.57. These actions reinforce optimism about Palantir’s AI execution, commercial growth and sovereign-AI opportunities. Palantir fair value estimate
• Neutral Sentiment: Palantir cofounder Peter Thiel and Chief Technology Officer Shyam Sankar made highly controversial comments criticizing AI regulation and AI-safety advocates. The remarks may appeal to some investors but could also increase reputational or regulatory concerns; they do not directly change Palantir’s financial outlook. Palantir CTO comments
• Negative Sentiment: Valuation remains the main overhang. With Palantir trading at roughly 171 times earnings and near its 12-month high, analysts warn that substantial future growth is already priced in, leaving limited room for weaker guidance or a slowdown in AI spending. Palantir valuation concerns
• Negative Sentiment: ARK Invest, managed by Cathie Wood, sold approximately $6.3 million of Palantir shares while reallocating capital to other AI companies. Recent Rule 10b5-1 sales by Palantir directors and executives add to the perception that some insiders are monetizing the rally. ARK Invest Palantir sale
• Negative Sentiment: Investors face a high expectations bar ahead of the expected November 2 earnings report. Palantir’s strong revenue growth and repeated earnings beats support the bullish case, but they also increase the risk of profit-taking if results or forecasts fail to exceed elevated expectations. Palantir earnings expectations

Analysts Set New Price Targets

PLTR has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 price target on the stock in a research note on Tuesday, August 4th. DA Davidson boosted their price objective on Palantir Technologies from $200.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, September 11th. Robert W. Baird set a $250.00 price objective on Palantir Technologies in a research note on Monday. Wolfe Research assumed coverage on Palantir Technologies in a report on Tuesday, August 4th. They issued a “buy” rating for the company. Finally, William Blair restated an “outperform” rating on shares of Palantir Technologies in a research report on Wednesday, August 26th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $201.61.

Palantir Technologies Profile

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.