Aspiriant LLC Makes New $566,000 Investment in Palantir Technologies Inc. $PLTR

Key Points

• Aspiriant LLC acquired 3,028 Palantir shares worth approximately $566,000 during the third quarter, while institutional investors collectively own 45.65% of the company.
• Palantir shares were trading down 7.2% at $186.03, with valuation concerns heightened by a P/E ratio near 159 and expectations for strong growth ahead of the November earnings report.
• Analyst sentiment remains broadly positive, with Goldman Sachs upgrading the stock to Buy and several firms raising price targets, although recent insider sales and a broader AI-sector selloff are weighing on investor sentiment.

Aspiriant LLC acquired a new stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 3,028 shares of the company's stock, valued at approximately $566,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. GFG Capital LLC bought a new stake in shares of Palantir Technologies during the 3rd quarter valued at about $188,000. Surience Private Wealth LLC acquired a new stake in Palantir Technologies during the third quarter worth approximately $2,220,000. Howard Capital Management LLC increased its holdings in Palantir Technologies by 1.0% in the third quarter. Howard Capital Management LLC now owns 64,985 shares of the company's stock worth $12,155,000 after purchasing an additional 673 shares in the last quarter. Clearview Wealth Management LLC bought a new stake in Palantir Technologies in the third quarter worth approximately $208,000. Finally, Franchise GP Ltd bought a new stake in Palantir Technologies in the third quarter worth approximately $5,650,000. Institutional investors own 45.65% of the company's stock.

Key Palantir Technologies News

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

• Positive Sentiment: Palantir and Ondas launched Regna AI, a venture focused on sovereign-AI solutions for defense and enterprise missions. The initiative could expand Palantir’s opportunities in autonomous systems, surveillance and other mission-critical applications. Regna AI launch
• Positive Sentiment: Palantir expanded its commercial reach through a collaboration with Customers Bank, which will deploy the Foundry and AIP platforms to automate commercial-client onboarding. The agreement supports the company’s strategy of diversifying beyond government and defense customers. Customers Bank collaboration
• Neutral Sentiment: Analyst sentiment remains broadly constructive, including Goldman Sachs’ upgrade to Buy and recent targets above the current trading range. However, coverage also emphasizes that expectations are high ahead of Palantir’s November 2 third-quarter earnings report. Analyst views ahead of earnings
• Negative Sentiment: Broader technology and AI stocks sold off as investors questioned how the industry will finance its large-scale AI buildout and which companies will ultimately generate sufficient returns. Palantir was pulled lower along with other enterprise-software shares. Enterprise software selloff
• Negative Sentiment: Valuation concerns are intensifying after the rally. Commentary highlights a price-to-earnings multiple near 170 times, leaving limited room for slower growth, weaker guidance or an earnings reaction that falls short of elevated expectations. Palantir valuation analysis
• Negative Sentiment: Insider-sale disclosures added to selling pressure. Recent filings show sales by directors and other executives, including transactions made under prearranged Rule 10b5-1 plans; these do not necessarily signal deteriorating fundamentals but can weigh on sentiment and increase available supply. Palantir insider sales

Palantir Technologies Trading Down 7.2%

NASDAQ PLTR opened at $186.03 on Friday. The firm has a market capitalization of $447.04 billion, a P/E ratio of 159.00, a PEG ratio of 3.27 and a beta of 1.60. The business has a fifty day simple moving average of $182.61 and a 200 day simple moving average of $152.00. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $212.94.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.07. The business had revenue of $1.94 billion for 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 business's revenue was up 92.8% on a year-over-year basis. During the same period last year, the business earned $0.16 EPS. As a group, sell-side analysts predict that Palantir Technologies Inc. will post 1.31 EPS for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Alexander Karp sold 492,348 shares of the company's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $174.79, for a total value of $86,057,506.92. Following the completion of the sale, the insider directly owned 6,432,258 shares of the company's stock, valued at approximately $1,124,294,375.82. This represents a 7.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible 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 2,055 shares of the company's stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $174.83, for a total transaction of $359,275.65. Following the completion of the sale, the insider directly owned 58,171 shares of the company's stock, valued at $10,170,035.93. The trade was 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. Insiders sold 560,390 shares of company stock valued at $97,909,177 in the last quarter. 9.53% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. President Capital raised shares of Palantir Technologies from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $25.50 to $133.00 in a research report on Monday, June 29th. Benchmark reiterated a "hold" rating on shares of Palantir Technologies in a research report on Tuesday, August 4th. The Goldman Sachs Group upgraded shares of Palantir Technologies from a "neutral" rating to a "buy" rating and set a $230.00 target price on the stock in a research report on Thursday, October 8th. Mizuho increased their target price on shares of Palantir Technologies from $215.00 to $245.00 and gave the stock an "outperform" rating in a research note on Thursday. Finally, DA Davidson raised their price target on shares of Palantir Technologies from $200.00 to $250.00 and gave the stock a "buy" rating in a report on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $201.61.

Palantir Technologies Profile

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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