4,806 Palantir Technologies Inc. $PLTR Shares Purchased by Asset One Wealth Management LLC

Key Points

• Asset One Wealth Management increased its Palantir stake 18% in the third quarter, buying 4,806 shares and bringing its holdings to 31,497 shares, valued at about $5.9 million.
• Palantir beat third-quarter earnings and revenue estimates, with revenue rising 95.9% year over year to $2.31 billion, and raised its 2026 outlook. U.S. commercial sales exceeded government sales for the first time.
• Investors face concerns over slowing bookings and Palantir’s premium valuation; company insiders also sold 523,716 shares worth about $92.2 million over the last quarter.

Asset One Wealth Management LLC boosted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 18.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,497 shares of the company's stock after acquiring an additional 4,806 shares during the period. Asset One Wealth Management LLC's holdings in Palantir Technologies were worth $5,892,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Guardian Wealth Advisors LLC NC grew its position 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 valued at $1,240,000 after buying an additional 4,283 shares during the period. Blueprint Investment Partners LLC purchased a new position in shares of Palantir Technologies in the 3rd quarter worth $2,901,000. Counterpoint Mutual Funds LLC bought a new stake in shares of Palantir Technologies in the 3rd quarter worth approximately $1,255,000. Independent Financial Group LLC grew its stake in shares of 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 purchasing an additional 32,427 shares during the period. Finally, World Equity Group Inc. lifted its stake in Palantir Technologies by 7.2% in the second quarter. World Equity Group Inc. now owns 43,627 shares of the company's stock valued at $5,090,000 after acquiring an additional 2,948 shares during the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Lauren Friedman Stat sold 1,358 shares of the business's stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $186.29, for a total transaction of $252,981.82. Following the sale, the director owned 45,044 shares of the company's stock, valued at $8,391,246.76. The trade was a 2.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ryan D. Taylor sold 18,000 shares of the stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $201.15, for a total value of $3,620,700.00. Following the transaction, the insider owned 274,667 shares in the company, valued at approximately $55,249,267.05. This trade 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 a total of 523,716 shares of company stock valued at $92,212,379 over the last quarter. 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 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 Stock Performance

PLTR stock opened at $160.38 on Friday. The business's 50-day moving average is $185.88 and its two-hundred day moving average is $153.74. The company has a market cap of $385.40 billion, a price-to-earnings ratio of 112.15, a P/E/G ratio of 3.18 and a beta of 1.65. Palantir Technologies Inc. has a fifty-two week low of $106.37 and a fifty-two week high of $212.94.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its quarterly earnings data on Monday, November 2nd. The company reported $0.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.03. Palantir Technologies had a return on equity of 32.87% and a net margin of 50.34%. The business had revenue of $2.31 billion during the quarter, compared to analysts' expectations of $2.18 billion. During the same period in the previous year, the firm posted $0.21 earnings per share. The company's revenue was up 95.9% on a year-over-year basis. Equities analysts predict that Palantir Technologies Inc. will post 1.31 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on PLTR. William Blair restated an "outperform" rating on shares of Palantir Technologies in a research report on Wednesday, August 26th. Robert W. Baird set a $250.00 price objective on shares of Palantir Technologies in a report on Monday, October 12th. Rosenblatt Securities restated a "buy" rating and set a $260.00 price target on shares of Palantir Technologies in a report on Tuesday. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $225.00 price target on shares of Palantir Technologies in a report on Monday, October 26th. Finally, 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 price objective on the stock. One investment 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $214.53.

Palantir Technologies Company Profile

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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