3,493 Palantir Technologies Inc. $PLTR Shares Bought by Perpetual Ltd

Key Points

• Perpetual Ltd increased its Palantir stake by 31.6% in the third quarter, buying 3,493 shares and bringing its holdings to 14,540 shares valued at approximately $2.72 million. Institutional investors collectively own 45.65% of the company.
• Palantir reported quarterly EPS of $0.41 versus the $0.34 consensus estimate, while revenue reached $1.94 billion, up 92.8% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $200.54.
• PLTR shares opened at $208.67, near their 12-month high of $212.94, reflecting a lofty valuation with a P/E ratio of 178.35. Insiders have sold 559,390 shares worth about $97.7 million over the past 90 days, including sales by an executive and a director under pre-arranged trading plans.

Perpetual Ltd grew its stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 31.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,540 shares of the company's stock after purchasing an additional 3,493 shares during the period. Perpetual Ltd's holdings in Palantir Technologies were worth $2,720,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Monetary Solutions Ltd bought a new position in shares of Palantir Technologies during the fourth quarter valued at $36,000. Reflection Asset Management acquired a new stake in shares of Palantir Technologies in the 4th quarter valued at $35,000. Ballast Advisors LLC bought a new stake in shares of Palantir Technologies in the 1st quarter worth about $29,000. Retirement Wealth Solutions LLC grew its holdings in shares of Palantir Technologies by 51.7% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 217 shares of the company's stock worth $41,000 after purchasing an additional 74 shares during the last quarter. Finally, Dakota Community Bank & Trust NA grew its holdings in shares of Palantir Technologies by 219.1% in the 3rd quarter. Dakota Community Bank & Trust NA now owns 217 shares of the company's stock worth $41,000 after purchasing an additional 149 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. BTIG Research downgraded shares of Palantir Technologies to a "neutral" rating in a report on Tuesday, June 16th. Wedbush assumed coverage on shares of Palantir Technologies in a research note on Tuesday, June 16th. They set an "outperform" rating on the stock. Oppenheimer cut shares of Palantir Technologies from an "outperform" rating to a "market perform" rating in a research note on Tuesday, August 4th. Needham & Company LLC set a $215.00 price objective on shares of Palantir Technologies in a report on Tuesday, August 11th. Finally, DA Davidson lifted their target price on shares of Palantir Technologies from $200.00 to $250.00 and gave the company a "buy" rating in a research note on Friday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $200.54.

Palantir Technologies Stock Performance

Shares of NASDAQ:PLTR opened at $208.67 on Wednesday. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $212.94. The firm has a market cap of $501.45 billion, a PE ratio of 178.35, a price-to-earnings-growth ratio of 2.87 and a beta of 1.60. The business has a fifty day moving average of $180.59 and a 200-day moving average of $150.98.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.34 by $0.07. The business had revenue of $1.94 billion during the quarter, compared to analysts' expectations of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. The firm's revenue for the quarter was up 92.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.16 earnings per share. On average, analysts anticipate that Palantir Technologies Inc. will post 1.31 EPS for the current fiscal year.

More Palantir Technologies News

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

• Positive Sentiment: Palantir’s bullish investment case remains centered on accelerating operating performance. Management raised fiscal 2026 revenue guidance, while the company’s latest reported quarter showed revenue growth of 92.8% year over year and earnings above analysts’ expectations. Several recent analyses argue that consensus estimates may still underestimate the company’s growth potential. Palantir guidance and stock momentum
• Positive Sentiment: The launch of Regna AI with Ondas expands Palantir’s sovereign-defense strategy. The new company will develop specialized AI models for military and mission-critical applications involving drones, surveillance systems, ground vehicles and unmanned vessels, potentially creating additional government and institutional demand. Regna AI announcement
• Positive Sentiment: Investor sentiment has improved sharply following Palantir’s recent rally. Articles point to continued AI adoption, possible expansion in commercial and government markets, and rising analyst earnings estimates; some bullish forecasts see further upside despite the stock trading above many published price targets. Analyst sentiment and valuation

Insider Transactions at Palantir Technologies

In other news, insider Ryan D. Taylor sold 18,000 shares of the company's stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $201.15, for a total transaction of $3,620,700.00. Following the transaction, the insider directly owned 274,667 shares in the company, valued at approximately $55,249,267.05. This represents a 6.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Friedman Stat sold 5,026 shares of the stock in a transaction that occurred on 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 directly owned 46,402 shares in the company, valued at $9,233,998. This trade represents a 9.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 559,390 shares of company stock worth $97,704,177. Corporate insiders own 9.53% of the company's stock.

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.

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