Palantir Technologies Inc. $PLTR Holdings Lifted by Titan Investment Management LLC

Key Points

• Titan Investment Management increased its Palantir stake by 44.4% in the third quarter, bringing its holdings to 8,748 shares valued at approximately $1.64 million. Institutional investors collectively own 45.65% of the company.
• Palantir reported strong quarterly results, with revenue up 92.8% year over year to $1.94 billion and EPS of $0.41 versus the $0.34 consensus estimate. However, the stock’s valuation remains demanding, with a market capitalization near $471 billion and a P/E ratio above 160.
• Analyst sentiment remains positive, with Citi raising its price target to $250 and the stock carrying a “Moderate Buy” consensus rating with a $203.45 average target. The upcoming Nov. 2 earnings report is viewed as a key test of Palantir’s growth outlook.

Titan Investment Management LLC grew its stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 44.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,748 shares of the company's stock after buying an additional 2,688 shares during the quarter. Palantir Technologies accounts for about 1.2% of Titan Investment Management LLC's investment portfolio, making the stock its 29th biggest holding. Titan Investment Management LLC's holdings in Palantir Technologies were worth $1,636,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Signature Wealth Management Partners LLC raised its holdings in shares of Palantir Technologies by 1.0% during the third quarter. Signature Wealth Management Partners LLC now owns 5,140 shares of the company's stock worth $961,000 after acquiring an additional 51 shares during the period. PFS Partners LLC boosted its stake in Palantir Technologies by 28.9% in the 3rd quarter. PFS Partners LLC now owns 250 shares of the company's stock worth $47,000 after purchasing an additional 56 shares during the period. Ring Mountain Capital LLC boosted its stake in Palantir Technologies by 1.0% in the 3rd quarter. Ring Mountain Capital LLC now owns 5,931 shares of the company's stock worth $1,109,000 after purchasing an additional 60 shares during the period. BCGM Wealth Management LLC boosted its stake in Palantir Technologies by 2.0% in the 2nd quarter. BCGM Wealth Management LLC now owns 3,202 shares of the company's stock worth $374,000 after purchasing an additional 64 shares during the period. Finally, JDM Financial Group LLC increased its holdings in Palantir Technologies by 20.9% during the 2nd quarter. JDM Financial Group LLC now owns 388 shares of the company's stock worth $45,000 after purchasing an additional 67 shares in the last quarter. Institutional investors own 45.65% of the company's stock.

Palantir Technologies Stock Down 2.7%

Shares of PLTR stock opened at $196.19 on Friday. The company's fifty day simple moving average is $184.30 and its 200-day simple moving average is $153.47. The firm has a market cap of $471.46 billion, a PE ratio of 167.68, a P/E/G ratio of 3.55 and a beta of 1.60. 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 released its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the company posted $0.16 earnings per share. Palantir Technologies's revenue was up 92.8% on a year-over-year basis. On average, equities analysts predict that Palantir Technologies Inc. will post 1.31 earnings per share for the current fiscal year.

More Palantir Technologies News

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

• Positive Sentiment: Analyst support remains strong. Citi raised its price target to $250 from $245 while maintaining a Buy rating. Other Wall Street firms reportedly see targets ranging from $230 to $265, implying further upside if Palantir delivers solid third-quarter results. Citi raises Palantir stock price target
• Positive Sentiment: New partnerships broaden Palantir’s commercial opportunity. The company expanded its AI partnership with Stagwell to develop enterprise marketing solutions and elevated Aplos Data to its top-tier Vanguard: Elite partner network. Palantir also highlighted additional sovereign-AI deployments and a Knox Systems partnership focused on secure government-cloud environments. Stagwell and Palantir expand AI partnership
• Neutral Sentiment: Nov. 2 earnings are the key near-term catalyst. Analysts expect results and management’s outlook to determine whether Palantir can sustain its growth trajectory. The company’s prior quarter featured revenue growth of nearly 93% and an earnings beat, while technical analysts note that the shares are holding above an important support level.
• Negative Sentiment: Valuation is limiting investor tolerance for disappointment. With a market capitalization near $471 billion and a trailing P/E above 160, the stock already reflects years of exceptional execution. Concerns include Palantir’s projected revenue slowdown and Gartner’s warning about whether forward-deployed AI can scale economically. These risks likely contributed to profit-taking despite reassuring NATO about system controls and continued positive business announcements. Palantir: The business is booming, but the stock has a problem

Insider Activity

In other Palantir Technologies news, insider Alexander Karp sold 492,348 shares of the business's stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the transaction, the insider owned 6,432,258 shares of the company's stock, valued at $1,124,294,375.82. The trade was a 7.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 that occurred on Thursday, August 20th. The stock was sold at an average price of $174.83, for a total value of $359,275.65. Following the sale, the insider owned 58,171 shares in the company, valued at approximately $10,170,035.93. This represents a 3.41% 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. Over the last three months, insiders have sold 560,390 shares of company stock worth $97,909,177. Corporate insiders own 9.53% of the company's stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Citigroup lifted their price target on Palantir Technologies from $245.00 to $250.00 and gave the company a "buy" rating in a research note on Thursday. Roth Capital started coverage on Palantir Technologies in a report on Tuesday, August 4th. They issued a "buy" rating on the stock. Mizuho upped their price objective on Palantir Technologies from $215.00 to $245.00 and gave the stock an "outperform" rating in a research report on Thursday, October 15th. Wolfe Research initiated coverage on Palantir Technologies in a report on Tuesday, August 4th. They set a "buy" rating for the company. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $225.00 target price on shares of Palantir Technologies in a research report on Wednesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $203.45.

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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