Palantir Technologies Inc. $PLTR Shares Acquired by United Asset Strategies Inc.

Key Points

• United Asset Strategies increased its Palantir position by 45.7% in the third quarter, bringing its holdings to 10,987 shares valued at approximately $2.06 million. Institutional investors collectively own 45.65% of the company.
• Analyst sentiment is broadly positive, with JPMorgan initiating an Overweight rating and a $262 target, while Oppenheimer raised its target to $235. MarketBeat lists Palantir’s consensus rating as “Moderate Buy” with an average target of $208.60.
• Valuation and volatility remain key risks: Palantir trades at a high earnings multiple, and options imply a potential 11.65% post-earnings move. Morgan Stanley maintained a Hold rating, citing the stock’s rich valuation and limited room for disappointment.

United Asset Strategies Inc. lifted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 45.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,987 shares of the company's stock after purchasing an additional 3,445 shares during the quarter. United Asset Strategies Inc.'s holdings in Palantir Technologies were worth $2,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the business. Ballast Advisors LLC purchased a new stake in shares of Palantir Technologies during the first quarter valued at $29,000. Whipplewood Advisors LLC purchased a new position in Palantir Technologies in the 1st quarter worth about $32,000. C M Bidwell & Associates Ltd. purchased a new position in Palantir Technologies in the 2nd quarter worth about $35,000. Laurel Wealth Advisors LLC purchased a new position in Palantir Technologies in the 3rd quarter worth about $35,000. Finally, Retirement Wealth Solutions LLC lifted its stake in Palantir Technologies by 51.7% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 217 shares of the company's stock valued at $41,000 after acquiring an additional 74 shares during the period. Hedge funds and other institutional investors own 45.65% of the company's stock.

Palantir Technologies News Roundup

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

• Positive Sentiment: JPMorgan initiated coverage with an Overweight rating, added Palantir to its Analyst Focus List, and assigned a December 2027 price target of $262—roughly 33% above the recent share price. The bank views Palantir as a disruptive artificial-intelligence leader with further growth potential. JPMorgan starts Palantir at Overweight
• Positive Sentiment: Oppenheimer raised its price target to $235 from $200 and maintained an Outperform rating. The firm expects Palantir to beat revenue estimates and potentially raise full-year guidance, supported by continued demand for its AI software. Oppenheimer adjusts Palantir price target
• Positive Sentiment: Several outlook pieces point to accelerating commercial and government revenue, strong margins, customer expansion, and a history of earnings outperformance. Those trends could support another post-earnings rally if November 2 results and guidance exceed already-high expectations. Palantir Q3 earnings outlook
• Neutral Sentiment: Options markets imply a potential post-earnings move of approximately 11.65%, highlighting unusually high volatility and the possibility of a sharp reaction in either direction. Palantir earnings volatility
• Negative Sentiment: Valuation remains the central concern. Morgan Stanley kept a Hold rating and a $205 target, citing Palantir’s rich valuation despite strong AI-driven fundamentals. Other commentary warns that much of the expected growth is already priced into the stock, leaving little room for an earnings or guidance disappointment. Morgan Stanley maintains Palantir Hold rating
• Negative Sentiment: Rising interest rates pose an additional risk to high-multiple technology stocks such as PLTR by increasing the discount rate applied to future earnings. Investors are therefore taking profits and awaiting proof that growth can justify Palantir’s premium valuation. Rising rates and AI stocks

Analysts Set New Price Targets

PLTR has been the topic of a number of recent analyst reports. UBS Group raised their price target on shares of Palantir Technologies from $220.00 to $250.00 and gave the company a "buy" rating in a report on Tuesday, September 15th. Weiss Ratings raised shares of Palantir Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, October 23rd. Zacks Research cut shares of Palantir Technologies from a "strong-buy" rating to a "hold" rating in a report on Tuesday, October 6th. The Goldman Sachs Group upgraded shares of Palantir Technologies from a "neutral" rating to a "buy" rating and set a $230.00 price objective on the stock in a research report on Thursday, October 8th. Finally, Yorkville Ives started coverage on shares of Palantir Technologies in a report on Tuesday, October 6th. They issued an "outperform" rating and a $250.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Palantir Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $208.60.

Insider Buying and Selling at Palantir Technologies

In other 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 transaction of $86,057,506.92. Following the completion of the sale, the insider owned 6,432,258 shares of the company's stock, valued at $1,124,294,375.82. This represents 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, Director Lauren Friedman Stat sold 5,026 shares of the stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $199.00, for a total transaction of $1,000,174.00. Following the completion of the transaction, the director owned 46,402 shares in the company, valued at $9,233,998. This trade represents a 9.77% 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. Over the last quarter, insiders sold 560,390 shares of company stock worth $97,909,177. 9.53% of the stock is owned by corporate insiders.

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $196.42 on Friday. The stock has a market cap of $472.01 billion, a PE ratio of 167.88, a price-to-earnings-growth ratio of 3.51 and a beta of 1.60. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $212.94. The stock has a fifty day moving average of $186.70 and a 200 day moving average of $153.88.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.07. The company had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. Palantir Technologies's revenue was up 92.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.16 earnings per share. As a group, sell-side analysts predict that Palantir Technologies Inc. will post 1.29 EPS for the current fiscal year.

Palantir Technologies Company 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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