61,853 Palantir Technologies Inc. $PLTR Shares Purchased by VestGen Advisors LLC

Key Points

• VestGen Advisors increased its Palantir stake by 36.1% in the third quarter, purchasing 61,853 additional shares for a total of 233,365 shares valued at approximately $43.7 million.
• Institutional interest remains significant, with other investors also raising positions and institutions collectively owning 45.65% of Palantir’s stock.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and average price target of $205.55, but Palantir’s elevated valuation—about 168 times earnings—leaves the stock vulnerable if growth or earnings guidance disappoints.

VestGen Advisors LLC grew its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 36.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 233,365 shares of the company's stock after purchasing an additional 61,853 shares during the period. Palantir Technologies makes up 1.3% of VestGen Advisors LLC's portfolio, making the stock its 12th biggest holding. VestGen Advisors LLC's holdings in Palantir Technologies were worth $43,651,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Guardian Wealth Advisors LLC NC raised its position in shares of Palantir Technologies by 67.5% during the 2nd 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 in the last quarter. Counterpoint Mutual Funds LLC purchased a new position in Palantir Technologies in the third quarter worth $1,255,000. Independent Financial Group LLC increased its stake in Palantir Technologies by 20.8% in the second 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. World Equity Group Inc. increased 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. Finally, Sage Capital Advisors llc increased its stake in Palantir Technologies by 63.5% in the second quarter. Sage Capital Advisors llc now owns 66,944 shares of the company's stock valued at $7,810,000 after acquiring an additional 25,995 shares during the last quarter. Institutional investors own 45.65% of the company's stock.

More Palantir Technologies News

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

• Positive Sentiment: Palantir’s strong operating momentum remains a potential catalyst. Analysts expect third-quarter earnings of approximately $0.41 per share, while recent coverage points to accelerating demand from U.S. commercial and government customers, expanding margins and additional business from existing clients. Palantir Could Crush Q3 Earnings, But 1 Risk Could Spoil the Rally
• Positive Sentiment: The company’s partner expansion could support future commercial growth. Aplos Data was elevated to Palantir’s Vanguard: Elite partner status, potentially widening deployment of Foundry and Palantir’s Artificial Intelligence Platform among U.S. businesses. Palantir Technologies Deepens U.S. Reach With New Vanguard Elite Partner
• Neutral Sentiment: Options markets imply an unusually large move of roughly 11.65% following the November 2 earnings release, highlighting elevated event risk rather than signaling a clear direction. Investors are focused on U.S. commercial customer growth, free cash flow and management’s guidance. Palantir Stock Could Swing 11.65% After Q3 Earnings
• Negative Sentiment: RBC Capital issued a fresh warning ahead of earnings, reinforcing concerns that Palantir must deliver exceptionally strong results and guidance to justify its elevated valuation. The stock trades at roughly 168 times earnings, leaving limited room for disappointment. Palantir Stock Falls After RBC Delivers Fresh Warning Ahead of Earnings
• Negative Sentiment: Additional commentary describes Palantir as a crowded, richly valued AI trade. Higher interest rates could compress high-growth technology multiples, while any slowdown in revenue growth, free cash flow or customer additions could trigger a sharper pullback. Palantir Stock Could Be 5% Above Fair Value

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on PLTR. DA Davidson upped their price objective on Palantir Technologies from $200.00 to $250.00 and gave the stock a "buy" rating in a report on Friday, September 11th. Piper Sandler raised their price objective on Palantir Technologies from $230.00 to $231.00 and gave the company an "overweight" rating in a report on Friday, October 23rd. Yorkville Ives began coverage on Palantir Technologies in a report on Tuesday, October 6th. They set an "outperform" rating and a $250.00 price objective on the stock. Phillip Securities downgraded Palantir Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 12th. Finally, Rosenblatt Securities upped their target price on Palantir Technologies from $225.00 to $260.00 and gave the stock a "buy" rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Palantir Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $205.55.

Palantir Technologies Stock Performance

Shares of Palantir Technologies stock opened at $196.81 on Thursday. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $212.94. The stock has a market capitalization of $472.95 billion, a price-to-earnings ratio of 168.21, a P/E/G ratio of 3.46 and a beta of 1.60. The company's 50 day moving average price is $186.28 and its 200-day moving average price is $153.79.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted 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. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The company had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period in the prior year, the business posted $0.16 EPS. The firm's revenue was up 92.8% compared to the same quarter last year. As a group, equities research analysts forecast that Palantir Technologies Inc. will post 1.31 earnings per share for the current fiscal year.

Insider Transactions at Palantir Technologies

In other news, insider Ryan Taylor sold 18,000 shares of the company's stock in a transaction dated 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 completion of the transaction, the insider directly owned 274,667 shares of the company's stock, 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 legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 2,055 shares of the company's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $174.83, for a total transaction of $359,275.65. Following the transaction, the insider directly owned 58,171 shares of the company's stock, valued at approximately $10,170,035.93. This trade represents a 3.41% decrease in their ownership of the stock. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 560,390 shares of company stock valued at $97,909,177. Company insiders own 9.53% of the company's stock.

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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