Palantir Technologies Inc. $PLTR Stock Acquired by Defender Capital LLC.

Key Points

• Defender Capital increased its Palantir stake by 3.3% in the third quarter, bringing its holdings to 319,757 shares valued at approximately $59.8 million. Palantir now represents 18.8% of the firm’s portfolio, while institutional investors collectively own 45.65% of the stock.
• Palantir reported quarterly earnings of $0.41 per share, exceeding the $0.34 consensus estimate, while revenue reached $1.94 billion, up 92.8% year over year and above analyst expectations.
• Shares recently traded at $190.04, near the company’s $207.52 one-year high, but the stock carries a lofty 162.43 price-to-earnings ratio. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $195.33, while insiders sold roughly $92.8 million in shares during the latest quarter.

Defender Capital LLC. boosted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 3.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 319,757 shares of the company's stock after buying an additional 10,070 shares during the period. Palantir Technologies makes up about 18.8% of Defender Capital LLC.'s investment portfolio, making the stock its largest position. Defender Capital LLC.'s holdings in Palantir Technologies were worth $59,811,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Roxbury Financial LLC grew its holdings in Palantir Technologies by 48.5% during the 3rd quarter. Roxbury Financial LLC now owns 306 shares of the company's stock valued at $57,000 after purchasing an additional 100 shares in the last quarter. Doliver Advisors LP acquired a new position in Palantir Technologies in the 3rd quarter worth $1,070,000. Stonebridge Financial Group LLC boosted its position in Palantir Technologies by 5.1% in the 3rd quarter. Stonebridge Financial Group LLC now owns 9,664 shares of the company's stock valued at $1,808,000 after buying an additional 466 shares during the last quarter. QRG Capital Management Inc. boosted its position in Palantir Technologies by 5.4% in the 2nd quarter. QRG Capital Management Inc. now owns 386,796 shares of the company's stock valued at $45,128,000 after buying an additional 19,925 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its stake in shares of Palantir Technologies by 9.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 110,588 shares of the company's stock valued at $12,902,000 after acquiring an additional 9,108 shares in the last quarter. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Palantir Technologies Stock Performance

Shares of PLTR stock traded up $2.99 during trading hours on Thursday, hitting $190.04. 17,826,946 shares of the company were exchanged, compared to its average volume of 43,386,621. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $207.52. The business's 50-day simple moving average is $168.15 and its two-hundred day simple moving average is $148.22. The stock has a market capitalization of $456.68 billion, a price-to-earnings ratio of 162.43, a P/E/G ratio of 2.63 and a beta of 1.62.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last announced 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 firm had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the company earned $0.16 earnings per share. Palantir Technologies's quarterly revenue was up 92.8% on a year-over-year basis. As a group, analysts anticipate that Palantir Technologies Inc. will post 1.28 EPS for the current fiscal year.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, Director Lauren Friedman Stat sold 3,032 shares of Palantir Technologies stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $165.00, for a total value of $500,280.00. Following the completion of the transaction, the director owned 54,107 shares of the company's stock, valued at $8,927,655. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 2,055 shares of the business's stock in a transaction 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 sale, the insider owned 58,171 shares of the company's stock, valued at approximately $10,170,035.93. The trade was 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. Insiders have sold a total of 535,027 shares of company stock worth $92,829,340 in the last quarter. Insiders own 9.53% of the company's stock.

Palantir Technologies News Summary

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

• Positive Sentiment: Palantir is being highlighted as a potential long-term AI beneficiary. Analysts and financial commentators point to growing demand for its model-agnostic Artificial Intelligence Platform (AIP), expanding use of data tools across industries and the potential for continued revenue growth. Where Will Palantir Stock Be in 5 Years?
• Positive Sentiment: Technical commentary is also supportive: Palantir has rebuilt an uptrend after a major prior pullback, and one forecast identifies potential upside toward $207–$242 if the stock holds above a recent higher low. Palantir Stock Forecast: Weekly Breakout Puts $242 in Focus
• Positive Sentiment: Palantir’s partnership with Surf Air Mobility is reportedly accelerating the commercialization of aviation software products, while Surf Air added another OperatorOS customer. The development provides a tangible example of potential commercial adoption beyond Palantir’s government business. Surf Air Mobility Adds New OperatorOS Customer
• Neutral Sentiment: Reports that Anthropic is adopting a founder-control voting structure similar to Palantir’s governance model have renewed attention on Palantir’s corporate structure, but do not directly affect earnings.
• Neutral Sentiment: Palantir CEO Alex Karp’s reported purchase of roughly 37,000 acres of Swedish forest for about $22 million is unrelated to the company’s operating performance and is unlikely to materially affect valuation. Palantir CEO Alex Karp purchased Swedish forestland
• Negative Sentiment: Michael Burry has reportedly increased his Palantir short position because of accounting and valuation concerns. With a market capitalization near $457 billion and a very elevated earnings multiple, the stock is vulnerable if growth slows or investor enthusiasm for AI fades. What Michael Burry Sees in His Palantir Short
• Negative Sentiment: More than 44,000 people have reportedly filed legal objections to Palantir’s NHS data platform, adding reputational, regulatory and contract-execution risk. Legal objections to Palantir NHS platform

Analyst Ratings Changes

Several research analysts recently commented on the company. Roth Capital started coverage on Palantir Technologies in a research note on Tuesday, August 4th. They issued a "buy" rating on the stock. Piper Sandler restated an "overweight" rating and set a $230.00 price objective on shares of Palantir Technologies in a research note on Tuesday, August 4th. Rosenblatt Securities restated a "buy" rating and set a $225.00 price objective on shares of Palantir Technologies in a report on Wednesday, September 23rd. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Palantir Technologies in a research report on Monday. Finally, William Blair reiterated an "outperform" rating on shares of Palantir Technologies in a research note on Wednesday, August 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Palantir Technologies has a consensus rating of "Moderate Buy" and an average 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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