3,934 Palantir Technologies Inc. $PLTR Shares Purchased by Toth Financial Advisory Corp

Key Points

• Toth Financial Advisory Corp increased its Palantir stake by 533.8% in the third quarter, purchasing 3,934 shares and bringing its holdings to 4,671 shares valued at approximately $874,000. Institutional investors and hedge funds own 45.65% of Palantir.
• Analyst sentiment remains broadly positive, with a MarketBeat consensus rating of “Moderate Buy” and an average price target of $198.75, although some firms have raised valuation concerns or downgraded the stock.
• Palantir reported quarterly earnings of $0.41 per share versus $0.34 expected, while revenue rose 92.8% year over year to $1.94 billion. However, the stock trades at a high P/E ratio of 169.90, and insiders have recently been net sellers.

Toth Financial Advisory Corp lifted its position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 533.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,671 shares of the company's stock after buying an additional 3,934 shares during the period. Toth Financial Advisory Corp's holdings in Palantir Technologies were worth $874,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Whalen Wealth Management Inc. lifted its holdings in shares of Palantir Technologies by 4.1% in the third quarter. Whalen Wealth Management Inc. now owns 10,752 shares of the company's stock valued at $2,011,000 after purchasing an additional 424 shares in the last quarter. City Center Advisors LLC grew its holdings in Palantir Technologies by 12.8% during the third quarter. City Center Advisors LLC now owns 2,814 shares of the company's stock worth $526,000 after purchasing an additional 319 shares during the period. Venture Visionary Partners LLC increased its holdings in shares of Palantir Technologies by 43.5% during the 3rd quarter. Venture Visionary Partners LLC now owns 107,840 shares of the company's stock worth $20,171,000 after acquiring an additional 32,681 shares during the last quarter. Retirement Wealth Solutions LLC increased its holdings in shares of Palantir Technologies by 51.7% in the third quarter. Retirement Wealth Solutions LLC now owns 217 shares of the company's stock valued at $41,000 after purchasing an additional 74 shares during the last quarter. Finally, Cooper Financial Group lifted its position in Palantir Technologies by 21.2% during the third quarter. Cooper Financial Group now owns 14,227 shares of the company's stock worth $2,661,000 after acquiring an additional 2,493 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PLTR. Oppenheimer cut shares of Palantir Technologies from an "outperform" rating to a "market perform" rating in a research report on Tuesday, August 4th. Cantor Fitzgerald initiated coverage on Palantir Technologies in a research note on Tuesday, August 4th. They issued an "overweight" rating on the stock. Barclays started coverage on Palantir Technologies in a research note on Thursday. They issued an "overweight" rating and a $265.00 price objective on the stock. Rosenblatt Securities reiterated a "buy" rating and issued a $225.00 target price on shares of Palantir Technologies in a research report on Wednesday, September 23rd. Finally, Mizuho boosted their target price on Palantir Technologies from $185.00 to $215.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, Palantir Technologies currently has an average rating of "Moderate Buy" and an average price target of $198.75.

Palantir Technologies Trading Up 2.4%

Palantir Technologies stock opened at $198.78 on Friday. The company has a market capitalization of $477.68 billion, a PE ratio of 169.90, a P/E/G ratio of 2.73 and a beta of 1.60. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $207.52. The stock has a 50-day moving average price of $176.28 and a two-hundred day moving average price of $149.88.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating 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 for the quarter was up 92.8% on a year-over-year basis. During the same period last year, the firm posted $0.16 earnings per share. As a group, analysts predict that Palantir Technologies Inc. will post 1.28 earnings per share for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In other news, insider Shyam Sankar sold 35,000 shares of the firm's stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the completion of the transaction, the insider owned 642,786 shares of the company's stock, valued at approximately $100,081,780.20. This trade represents a 5.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Friedman Stat sold 1,337 shares of Palantir Technologies stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $189.95, for a total transaction of $253,963.15. Following the transaction, the director owned 51,428 shares in the company, valued at approximately $9,768,748.60. This trade represents a 2.53% 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. Over the last 90 days, insiders sold 536,364 shares of company stock valued at $93,083,303. 9.53% of the stock is owned by insiders.

More Palantir Technologies News

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

• Positive Sentiment: Goldman Sachs upgraded Palantir to Buy from Neutral and set a $230 price target, citing a potentially larger addressable market driven by sovereign AI, custom-built applications and specialized industry solutions. Palantir Gets Goldman Sachs Upgrade as Sovereign AI Opens New Market
• Positive Sentiment: The upgrade suggests Palantir could benefit as governments and businesses seek greater control over data, infrastructure and AI models. The company’s partnership with Armada to deploy its Sovereign AI Operating System reinforces that growth narrative. Palantir Is Betting on Sovereign AI to Help Take Its Stock Higher
• Positive Sentiment: Additional bullish commentary from analyst Dan Ives, who named Palantir among his top technology picks for the expected multitrillion-dollar AI spending cycle, added to positive momentum ahead of the company’s next earnings report. Dan Ives Thinks AI Buildout Is Still in Early Stages
• Neutral Sentiment: Palantir’s strong revenue growth, profitability and government-contract activity continue to support the investment case. However, the stock is trading near its 52-week high with a very elevated earnings multiple, leaving investors focused on whether growth can justify the valuation.
• Negative Sentiment: Zacks Research lowered its rating from Strong Buy to Hold, while some coverage continues to warn that the valuation may already reflect much of the company’s AI success. Palantir Technologies Stock Dropped to Hold by Zacks Research
• Negative Sentiment: Reported insider activity has been heavily weighted toward sales, and investor Michael Burry has taken longer-dated bearish positions on Palantir and other AI leaders. These signals may intensify concerns about profit-taking and an eventual slowdown in AI spending.

Palantir Technologies Company 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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