Palantir Technologies Inc. $PLTR Shares Newly Acquired by Blueprint Investment Partners LLC

Key Points

• Blueprint Investment Partners acquired 15,510 Palantir shares worth approximately $2.9 million, while institutional investors and hedge funds collectively own 45.65% of PLTR.
• Analyst sentiment remains broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $208.60, although some firms maintain more cautious ratings.
• Palantir reported stronger-than-expected quarterly results, including $1.94 billion in revenue and 92.8% year-over-year growth, but its elevated valuation and recent insider selling remain key investor concerns.

Blueprint Investment Partners LLC bought a new stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 15,510 shares of the company's stock, valued at approximately $2,901,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of PLTR. Jennison Associates LLC acquired a new position in shares of Palantir Technologies during the 1st quarter worth $1,574,111,000. Arrowstreet Capital Limited Partnership grew its stake in Palantir Technologies by 277.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company's stock valued at $1,528,143,000 after acquiring an additional 7,678,747 shares during the last quarter. Bank of America Corp DE grew 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 valued at $2,755,883,000 after acquiring an additional 4,201,852 shares during the last quarter. Janus Henderson Group PLC increased its holdings in Palantir Technologies by 795.6% during the 1st quarter. Janus Henderson Group PLC now owns 3,323,141 shares of the company's stock valued at $480,247,000 after acquiring an additional 2,952,079 shares in the last quarter. Finally, State Street Corp increased its holdings in Palantir Technologies by 2.8% during the 2nd quarter. State Street Corp now owns 104,490,468 shares of the company's stock valued at $12,190,903,000 after acquiring an additional 2,863,874 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

PLTR has been the subject of a number of research reports. William Blair restated an "outperform" rating on shares of Palantir Technologies in a research report on Wednesday, August 26th. Jefferies Financial Group reiterated an "underperform" rating and issued a $80.00 price target on shares of Palantir Technologies in a research report on Tuesday, August 4th. Barclays began coverage on shares of Palantir Technologies in a research note on Friday, October 9th. They set an "overweight" rating and a $265.00 price objective for the company. Zacks Research downgraded Palantir Technologies from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, October 6th. Finally, Citigroup lifted their price objective on Palantir Technologies from $245.00 to $250.00 and gave the stock a "buy" rating in a research report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $208.60.

Insider Buying and Selling at Palantir Technologies

In related news, insider Jeffrey Buckley sold 1,250 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $174.29, for a total transaction of $217,862.50. Following the transaction, the insider directly owned 56,921 shares in the company, valued at approximately $9,920,761.09. This represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed 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, Director Eric H. Woersching sold 1,000 shares of the stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $205.00, for a total value of $205,000.00. Following the transaction, the director owned 3,465 shares in the company, valued at $710,325. This trade represents a 22.40% 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. Over the last ninety days, insiders have sold 560,390 shares of company stock valued at $97,909,177. 9.53% of the stock is currently owned by insiders.

Palantir Technologies Stock Performance

Shares of PLTR opened at $196.42 on Friday. The company has a market capitalization of $472.01 billion, a price-to-earnings ratio of 167.88, a PEG ratio of 3.51 and a beta of 1.60. The company's 50 day simple moving average is $186.70 and its 200 day simple moving average is $153.88. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year 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 EPS for the quarter, topping the consensus estimate of $0.34 by $0.07. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The firm had revenue of $1.94 billion during the quarter, compared to analysts' expectations of $1.81 billion. During the same period in the previous year, the company earned $0.16 EPS. Palantir Technologies's revenue for the quarter was up 92.8% on a year-over-year basis. Equities analysts expect that Palantir Technologies Inc. will post 1.29 EPS for the current fiscal year.

Key Stories Impacting Palantir Technologies

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

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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