Palantir Technologies Inc. $PLTR Shares Purchased by Strategic Planning Group LLC

Key Points

• Strategic Planning Group LLC increased its Palantir stake by 5% in the third quarter, bringing its holdings to 55,390 shares valued at approximately $10.36 million. Institutional investors collectively own 45.65% of the company.
• Analyst sentiment remains broadly positive: Palantir has an average “Moderate Buy” rating and an average price target of $203.45, with several firms recently raising targets to $245–$250.
• Strong growth is offset by valuation concerns. The company recently beat earnings and reported 92.8% year-over-year revenue growth, but its market capitalization of roughly $471 billion and P/E ratio above 160 leave little room for disappointing growth or guidance; insiders also sold about $97.9 million in stock last quarter.

Strategic Planning Group LLC increased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 5.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 55,390 shares of the company's stock after purchasing an additional 2,635 shares during the quarter. Strategic Planning Group LLC's holdings in Palantir Technologies were worth $10,361,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PLTR. Five Oceans Advisors raised its position in shares of Palantir Technologies by 9.4% in the third quarter. Five Oceans Advisors now owns 2,085 shares of the company's stock valued at $390,000 after buying an additional 180 shares during the last quarter. Virtue Asset Management LLC purchased a new stake in Palantir Technologies during the 3rd quarter valued at about $315,000. Precedent Wealth Partners LLC grew its stake in Palantir Technologies by 26.1% during the 3rd quarter. Precedent Wealth Partners LLC now owns 3,160 shares of the company's stock valued at $591,000 after acquiring an additional 655 shares in the last quarter. McCarley & Cook Financial Planners raised its holdings in Palantir Technologies by 2,518.2% in the 3rd quarter. McCarley & Cook Financial Planners now owns 288 shares of the company's stock valued at $54,000 after acquiring an additional 277 shares during the last quarter. Finally, Pinnacle Bancorp Inc. raised its holdings in Palantir Technologies by 17.3% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 778 shares of the company's stock valued at $146,000 after acquiring an additional 115 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company's stock.

Key Stories Impacting Palantir Technologies

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

Analysts Set New Price Targets

PLTR has been the subject of a number of analyst reports. UBS Group upped their price target on Palantir Technologies from $220.00 to $250.00 and gave the company a "buy" rating in a research report on Tuesday, September 15th. President Capital upgraded Palantir Technologies from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $25.50 to $133.00 in a research report on Monday, June 29th. Mizuho boosted their price objective on Palantir Technologies from $215.00 to $245.00 and gave the stock an "outperform" rating in a research note on Thursday, October 15th. Yorkville Ives started coverage on Palantir Technologies in a research note on Tuesday, October 6th. They set an "outperform" rating and a $250.00 price objective on the stock. Finally, Phillip Securities cut Palantir Technologies from a "strong-buy" rating to a "hold" rating in a report on Monday, October 12th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $203.45.

Insider Buying and Selling at Palantir Technologies

In related news, insider Jeffrey Buckley sold 2,055 shares of the firm'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 approximately $10,170,035.93. This trade represents a 3.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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, insider Shyam Sankar sold 35,000 shares of the business's stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the completion of the sale, the insider owned 642,786 shares in the company, valued at approximately $100,081,780.20. This trade represents a 5.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 560,390 shares of company stock worth $97,909,177. Insiders own 9.53% of the company's stock.

Palantir Technologies Stock Performance

PLTR stock opened at $196.19 on Friday. The firm has a market cap of $471.46 billion, a PE ratio of 167.68, a PEG ratio of 3.55 and a beta of 1.60. The firm's 50 day moving average price is $184.30 and its 200-day moving average price is $153.47. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $212.94.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.07. The firm 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 firm's quarterly revenue was up 92.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.16 earnings per share. Equities research analysts predict that Palantir Technologies Inc. will post 1.31 EPS for the current fiscal year.

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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