University of Texas Texas AM Investment Management Co. raised its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 7,141.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,851 shares of the company’s stock after acquiring an additional 25,494 shares during the period. University of Texas Texas AM Investment Management Co.’s holdings in Palantir Technologies were worth $4,835,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Guardian Wealth Advisors LLC NC grew its holdings in Palantir Technologies by 67.5% during the second quarter. Guardian Wealth Advisors LLC NC now owns 10,627 shares of the company’s stock worth $1,240,000 after acquiring an additional 4,283 shares during the period. Blueprint Investment Partners LLC acquired a new stake in Palantir Technologies in the 3rd quarter valued at about $2,901,000. Counterpoint Mutual Funds LLC acquired a new stake in Palantir Technologies in the 3rd quarter valued at about $1,255,000. Independent Financial Group LLC lifted its holdings in Palantir Technologies by 20.8% in the 2nd quarter. Independent Financial Group LLC now owns 188,200 shares of the company’s stock valued at $21,957,000 after acquiring an additional 32,427 shares during the last quarter. Finally, World Equity Group Inc. boosted its position in shares of Palantir Technologies by 7.2% during the 2nd quarter. World Equity Group Inc. now owns 43,627 shares of the company’s stock valued at $5,090,000 after purchasing an additional 2,948 shares in the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on PLTR shares. 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, October 29th. Needham & Company LLC set a $215.00 target price on shares of Palantir Technologies in a research note on Tuesday, August 11th. Zacks Research lowered shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 6th. JPMorgan Chase & Co. started coverage on shares of Palantir Technologies in a report on Thursday, October 29th. They set an “overweight” rating and a $262.00 target price for the company. Finally, KeyCorp restated a “sector weight” rating on shares of Palantir Technologies in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $214.53.
Check Out Our Latest Research Report on PLTR
Trending Headlines about Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Palantir beat Q3 earnings and revenue estimates, with revenue up 95.9% year over year to $2.31 billion, and raised its 2026 outlook. U.S. commercial sales also exceeded government sales for the first time, underscoring the potential to broaden its customer base. Palantir Q3 results and outlook
- Negative Sentiment: The main concern is slowing bookings: total contract value growth reportedly decelerated sharply, including in U.S. commercial business. Investors worry this could weaken the revenue pipeline and make it harder to sustain Palantir’s rapid growth. Commercial bookings slowdown
- Negative Sentiment: Palantir is also caught in a broader sell-off in AI-related software stocks. Its premium valuation may leave little room for any slowdown or disappointment, while concerns about government and defense spending add uncertainty. Contract growth warning
Palantir Technologies Price Performance
NASDAQ:PLTR opened at $160.38 on Monday. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $212.94. The firm has a market capitalization of $385.40 billion, a price-to-earnings ratio of 112.15, a price-to-earnings-growth ratio of 3.24 and a beta of 1.65. The stock has a fifty day simple moving average of $185.88 and a 200 day simple moving average of $153.74.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its quarterly 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 firm had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.18 billion. Palantir Technologies had a return on equity of 30.49% and a net margin of 50.34%. Palantir Technologies’s revenue was up 95.9% on a year-over-year basis. During the same quarter last year, the business posted $0.21 EPS. Equities analysts predict that Palantir Technologies Inc. will post 1.36 earnings per share for the current year.
Insider Buying and Selling at Palantir Technologies
In related news, Director Lauren Friedman Stat sold 1,358 shares of the company’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $186.29, for a total value of $252,981.82. Following the completion of the sale, the director owned 45,044 shares in the company, valued at approximately $8,391,246.76. This represents a 2.93% decrease in their position. The sale was disclosed in a legal filing 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 Ryan Taylor sold 18,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $201.15, for a total transaction of $3,620,700.00. Following the completion of the transaction, the insider directly owned 274,667 shares of the company’s stock, valued at $55,249,267.05. This represents a 6.15% 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. Insiders have sold 523,716 shares of company stock valued at $92,212,379 over the last three months. 9.53% of the stock is owned by insiders.
About Palantir Technologies
Palantir Technologies is a software company that develops platforms for integrating, analyzing and using data to support operational decisions. Its products are designed to help organizations work with large, complex datasets while managing access and security.
The company’s platforms include Gotham, used primarily by government and intelligence customers; Foundry, designed for commercial and other organizations; Apollo, which supports the deployment and management of software; and Artificial Intelligence Platform (AIP), which helps organizations use artificial intelligence with their data and operations.
Founded in 2003, Palantir initially focused on software for government and intelligence work and later expanded its commercial business.
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