4,156 Palantir Technologies Inc. $PLTR Shares Sold by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. lowered its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 80.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 995 shares of the company’s stock after selling 4,156 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Palantir Technologies were worth $186,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Guardian Wealth Advisors LLC NC grew its holdings in shares of Palantir Technologies by 67.5% during the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 10,627 shares of the company’s stock worth $1,240,000 after purchasing an additional 4,283 shares during the period. Independent Financial Group LLC increased its position in shares of Palantir Technologies by 20.8% during the 2nd quarter. Independent Financial Group LLC now owns 188,200 shares of the company’s stock worth $21,957,000 after purchasing an additional 32,427 shares during the last quarter. World Equity Group Inc. raised its holdings in Palantir Technologies by 7.2% in the 2nd quarter. World Equity Group Inc. now owns 43,627 shares of the company’s stock valued at $5,090,000 after buying an additional 2,948 shares during the period. Sage Capital Advisors llc raised its holdings in Palantir Technologies by 63.5% in the 2nd quarter. Sage Capital Advisors llc now owns 66,944 shares of the company’s stock valued at $7,810,000 after buying an additional 25,995 shares during the period. Finally, V. M. Manning & CO. Inc. purchased a new stake in Palantir Technologies in the 2nd quarter valued at about $539,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Palantir Technologies

In other news, Director Lauren Friedman Stat sold 5,026 shares of the stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $199.00, for a total transaction of $1,000,174.00. Following the sale, the director owned 46,402 shares of the company’s stock, valued at approximately $9,233,998. This represents a 9.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,250 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $174.29, for a total transaction of $217,862.50. Following the completion of the transaction, the insider directly owned 56,921 shares of the company’s stock, valued at approximately $9,920,761.09. The trade was a 2.15% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 559,390 shares of company stock valued at $97,704,177. 9.53% of the stock is owned by company insiders.

Key Palantir Technologies News

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

• Positive Sentiment: Palantir’s partnership with Ondas to launch Regna AI strengthens its sovereign-defense strategy. The venture will develop specialized AI models for drones, surveillance systems, ground vehicles and unmanned vessels, potentially creating a new source of government and defense demand. Regna AI and Palantir article
• Positive Sentiment: Recent operating results remain a major support for the stock. Palantir’s latest quarter produced revenue of $1.94 billion, up 92.8% year over year, while earnings exceeded consensus estimates. Bullish analysts argue that accelerating AI adoption and raised fiscal 2026 guidance could justify further growth. Palantir AI opportunity article
• Neutral Sentiment: The legal dispute involving London Mayor Sadiq Khan over a £50 million Metropolitan Police contract has been dropped, removing a source of controversy, although the development does not immediately add confirmed revenue. Palantir London police contract article
• Negative Sentiment: Valuation concerns are limiting enthusiasm. Palantir trades at roughly 173 times earnings, and its rapid appreciation has pushed expectations well above many published analyst price targets. Michael Burry’s reported short position and broader warning that AI stocks may be peaking are adding to caution. Michael Burry Palantir short article
• Negative Sentiment: Palantir has beaten estimates nine consecutive times, but that record creates a high bar for the November 2 report. Any slowdown in growth, weaker guidance or evidence that AI spending is not converting into profits could trigger a sharper pullback. Palantir earnings expectations article
• Negative Sentiment: Insiders disclosed sales, including a director’s $1.0 million transaction and an executive’s $3.6 million sale. Both were conducted under pre-arranged Rule 10b5-1 plans, reducing their predictive value, but they can still reinforce concerns about profit-taking near record levels. Palantir insider selling article

Palantir Technologies Price Performance

Shares of PLTR stock traded down $6.34 on Wednesday, hitting $202.33. The stock had a trading volume of 12,231,207 shares, compared to its average volume of 42,433,055. The firm has a market capitalization of $486.22 billion, a P/E ratio of 172.88, a P/E/G ratio of 2.87 and a beta of 1.60. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year high of $212.94. The company’s 50 day moving average price is $180.59 and its 200-day moving average price is $150.98.

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, topping the consensus estimate of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. The firm had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the company earned $0.16 EPS. Palantir Technologies’s revenue was up 92.8% on a year-over-year basis. On average, equities analysts forecast that Palantir Technologies Inc. will post 1.31 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on PLTR. UBS Group upped their target price 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. Mizuho lifted their price target on shares of Palantir Technologies from $185.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, August 4th. Northland Securities set a $200.00 price target on shares of Palantir Technologies in a research note on Tuesday, August 4th. Weiss Ratings raised shares of Palantir Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Finally, Roth Capital began coverage on shares of Palantir Technologies in a report on Tuesday, August 4th. They issued a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $200.54.

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.