3,856 Shares of Palantir Technologies Inc. $PLTR Acquired by Eads & Heald Wealth Management

Key Points

• Eads & Heald Wealth Management acquired 3,856 Palantir shares valued at approximately $721,000 in the third quarter. Institutional investors collectively own 45.65% of the company.
• Palantir insiders sold 560,390 shares worth about $97.9 million over the past 90 days, including sales by CEO Alexander Karp under pre-arranged Rule 10b5-1 plans to cover tax obligations.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and $210.30 price target, though Palantir’s elevated valuation—around 152 times earnings—and concerns about growth durability remain key risks.

Eads & Heald Wealth Management acquired a new position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 3,856 shares of the company's stock, valued at approximately $721,000.

Several other institutional investors have also recently made changes to their positions in the business. Gerber Kawasaki Wealth & Investment Management lifted its stake in Palantir Technologies by 0.3% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 38,281 shares of the company's stock worth $7,160,000 after purchasing an additional 98 shares in the last quarter. Torren Management LLC boosted its holdings in shares of Palantir Technologies by 284.4% during the 3rd quarter. Torren Management LLC now owns 838 shares of the company's stock valued at $157,000 after purchasing an additional 620 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC grew its position in shares of Palantir Technologies by 4.1% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 4,498 shares of the company's stock valued at $841,000 after purchasing an additional 179 shares in the last quarter. BOCHK Asset Management Ltd purchased a new position in shares of Palantir Technologies during the third quarter valued at about $561,000. Finally, Blue Bell Private Wealth Management LLC increased its holdings in shares of Palantir Technologies by 20.1% in the third quarter. Blue Bell Private Wealth Management LLC now owns 2,379 shares of the company's stock worth $445,000 after purchasing an additional 398 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company's stock.

Insider Buying and Selling at Palantir Technologies

In related news, insider Alexander Karp sold 492,348 shares of Palantir Technologies stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the completion of the sale, the insider owned 6,432,258 shares in the company, valued at $1,124,294,375.82. This trade represents a 7.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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 Jeffrey Buckley sold 1,250 shares of the business'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 value of $217,862.50. Following the completion of the sale, the insider owned 56,921 shares of the company's stock, valued at $9,920,761.09. The trade was a 2.15% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 560,390 shares of company stock valued at $97,909,177. 9.53% of the stock is owned by company insiders.

Analyst Ratings Changes

PLTR has been the topic of a number of research analyst reports. DA Davidson boosted their target price on Palantir Technologies from $200.00 to $250.00 and gave the stock a "buy" rating in a research report on Friday, September 11th. Yorkville Ives started coverage on Palantir Technologies in a report on Tuesday, October 6th. They set an "outperform" rating and a $250.00 price target for the company. Phillip Securities downgraded Palantir Technologies from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 12th. Barclays began coverage on Palantir Technologies in a report on Friday, October 9th. They set an "overweight" rating and a $265.00 price objective on the stock. Finally, Roth Capital assumed coverage on Palantir Technologies in a research report on Tuesday, August 4th. They set a "buy" rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $210.30.

More Palantir Technologies News

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

• Positive Sentiment: Q3 results exceeded expectations. Palantir reported adjusted earnings of $0.44 per share versus the $0.41 consensus estimate, while revenue reached approximately $2.313 billion, well above expectations of $2.18 billion and up about 96% year over year. Palantir tops third-quarter revenue estimates on strong AI software demand
• Positive Sentiment: Commercial growth is accelerating. U.S. commercial revenue increased roughly 148% year over year and surpassed U.S. government revenue for the first time, indicating that Palantir’s customer expansion and increased spending by existing clients are broadening its growth base. Palantir reports booming U.S. commercial revenue growth
• Positive Sentiment: Management raised its outlook. Palantir lifted its full-year 2026 revenue-growth forecast to 91% and increased its U.S. commercial revenue-growth outlook to 143%, reinforcing the bullish AI software demand narrative. Palantir Q3 2026 results and guidance
• Neutral Sentiment: Analyst opinion remains mixed. Cantor Fitzgerald raised its price target to $207 but retained a “neutral” rating, while JPMorgan initiated coverage with an “overweight” rating and a $262 target. These targets provide support, but also highlight the stock’s dependence on continued exceptional execution.
• Negative Sentiment: Valuation and growth durability are the main concerns. With Palantir trading at well over 100 times earnings, some analysts argue that much of the expected growth is already priced in. Articles also flagged a slowdown in new deals and questioned whether the company is replenishing its growth pipeline quickly enough. Those concerns likely explain the negative reaction despite the earnings and guidance beats. Palantir impressive numbers but something is missing

Palantir Technologies Trading Down 3.1%

Shares of NASDAQ PLTR opened at $178.34 on Tuesday. Palantir Technologies Inc. has a 12-month low of $106.37 and a 12-month high of $212.94. The firm's 50-day moving average price is $186.87 and its 200-day moving average price is $153.90. The stock has a market capitalization of $428.56 billion, a price-to-earnings ratio of 152.43, a P/E/G ratio of 3.51 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its earnings results on Monday, November 2nd. The company reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. The firm had revenue of $2.31 billion during the quarter, compared to analysts' expectations of $2.18 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. The company's quarterly revenue was up 95.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.21 EPS. On average, equities analysts predict that Palantir Technologies Inc. will post 1.29 EPS for the current fiscal year.

About Palantir Technologies

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.

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