Palantir Technologies Inc. $PLTR Shares Acquired by Glynn Capital Management LLC

Key Points

• Glynn Capital Management increased its Palantir position by 19% in the third quarter, adding 13,050 shares to own 81,826 shares valued at approximately $15.3 million. Palantir represented about 4.5% of the firm’s portfolio.
• Institutional and hedge-fund ownership stands at 45.65%, with several major investors—including Arrowstreet Capital, Bank of America and Cardano Risk Management—also substantially increasing their stakes.
• Palantir reported strong quarterly results, with revenue up 92.8% year over year to $1.94 billion and adjusted earnings exceeding estimates, but its elevated valuation remains a key risk. The stock traded near $192, compared with a consensus analyst target of $195.33.

Glynn Capital Management LLC lifted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 19.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 81,826 shares of the company's stock after buying an additional 13,050 shares during the period. Palantir Technologies accounts for approximately 4.5% of Glynn Capital Management LLC's portfolio, making the stock its 7th largest holding. Glynn Capital Management LLC's holdings in Palantir Technologies were worth $15,306,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Jennison Associates LLC purchased a new position in shares of Palantir Technologies during the 1st quarter worth $1,574,111,000. Arrowstreet Capital Limited Partnership increased its stake in Palantir Technologies by 277.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company's stock valued at $1,528,143,000 after purchasing an additional 7,678,747 shares during the last quarter. Cardano Risk Management B.V. lifted its position in Palantir Technologies by 917.4% during the fourth quarter. Cardano Risk Management B.V. now owns 6,585,630 shares of the company's stock worth $1,170,596,000 after buying an additional 5,938,343 shares during the period. Corient Private Wealth LLC lifted its position in Palantir Technologies by 1,449.7% during the fourth quarter. Corient Private Wealth LLC now owns 5,272,601 shares of the company's stock worth $937,205,000 after buying an additional 4,932,364 shares during the period. Finally, Bank of America Corp DE boosted its stake in Palantir Technologies by 28.7% in the 1st quarter. Bank of America Corp DE now owns 18,839,779 shares of the company's stock worth $2,755,883,000 after buying an additional 4,201,852 shares during the last quarter. Institutional investors and hedge funds 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 latest reported quarter remains the core bullish catalyst: revenue rose 93% year over year to $1.935 billion, while GAAP operating income represented roughly 47% of revenue. Analysts point to strong customer spending, an earnings-beat record and the possibility of another upside surprise in the next report. Palantir Stock Gains as Air-Gapped AI Moves Beyond Government Software
• Positive Sentiment: The company is broadening its AI opportunity beyond traditional government software through “air-gapped” and sovereign AI deployments. Partnerships involving Nebius and Nvidia, along with open-source integration, are being viewed as ways for Palantir to retain control of its AI orchestration layer and defend against competing platforms. Palantir Bullish AI Case
• Positive Sentiment: Defense momentum is supporting the stock’s outlook. The designation of Palantir’s Maven Smart System as a formal government program of record could improve the durability of public-sector revenue, while investors await the company’s November 2 earnings report for confirmation that commercial growth remains strong. Palantir Defense Momentum Strengthens the Bullish Case
• Neutral Sentiment: Technical coverage describes PLTR as near important chart and valuation levels, with analysts debating whether a roughly $450 billion market capitalization can be supported by continued growth. Recent gains have increased investor attention but also raised the importance of the next earnings release. Buying Palantir Stock Now
• Negative Sentiment: Valuation remains the biggest risk. Palantir trades at a multiple several times higher than the broader software sector, leaving little room for slower growth, weaker customer spending or execution disappointments. Competition for commercial AI customers is also increasing. Can Palantir Justify Its Premium Multiple
• Negative Sentiment: Director Lauren Friedman Stat sold 1,337 shares worth approximately $254,000 under a pre-arranged Rule 10b5-1 plan. The transaction is modest relative to her remaining holdings, but broader reports of insider selling across major AI companies may reinforce concerns that valuations have become stretched. Palantir Director Sells Shares

Palantir Technologies Trading Up 1.4%

PLTR stock opened at $192.07 on Wednesday. The company has a market cap of $461.56 billion, a PE ratio of 164.16, a price-to-earnings-growth ratio of 2.66 and a beta of 1.60. The stock has a 50-day moving average price of $173.33 and a two-hundred day moving average price of $149.27. Palantir Technologies Inc. has a 12-month low of $106.37 and a 12-month high of $207.52.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released 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. 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 period in the previous year, the company posted $0.16 EPS. The company's revenue was up 92.8% compared to the same quarter last year. Equities analysts forecast that Palantir Technologies Inc. will post 1.28 EPS for the current fiscal year.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Jeffrey Buckley sold 2,055 shares of Palantir Technologies stock in a transaction that occurred on 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 $10,170,035.93. The trade was a 3.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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 Shyam Sankar sold 35,000 shares of the business's stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the sale, the insider owned 642,786 shares of the company's stock, valued at approximately $100,081,780.20. This represents a 5.16% 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. In the last three months, insiders sold 536,364 shares of company stock valued at $93,083,303. 9.53% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

PLTR has been the subject of several recent analyst reports. Northland Securities set a $200.00 price target on Palantir Technologies in a report on Tuesday, August 4th. Weiss Ratings reiterated a "hold (c)" rating on shares of Palantir Technologies in a report on Friday, July 24th. Oppenheimer cut shares of Palantir Technologies from an "outperform" rating to a "market perform" rating in a research report on Tuesday, August 4th. Jefferies Financial Group restated an "underperform" rating and issued a $80.00 target price on shares of Palantir Technologies in a report on Tuesday, August 4th. Finally, Mizuho upped their price target on shares of Palantir Technologies from $185.00 to $215.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 4th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $195.33.

About Palantir Technologies

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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