Palantir Technologies Inc. $PLTR Stock Holdings Boosted by NFSG Corp

Key Points

• NFSG Corp increased its Palantir stake by 11% in the third quarter, adding 9,692 shares to hold 97,634 shares worth approximately $18.3 million. Institutional investors and hedge funds collectively own 45.65% of PLTR.
• Palantir insiders sold 560,390 shares worth nearly $97.9 million over the past 90 days, including a large sale by cofounder Alexander Karp. The transactions were conducted under pre-arranged Rule 10b5-1 plans, with Karp’s sale also covering tax obligations tied to vested equity awards.
• PLTR shares were trading near their 52-week high, while the company posted strong quarterly results with revenue up 92.8% year over year and EPS exceeding estimates. Analysts maintain a “Moderate Buy” consensus, but the stock’s high valuation and elevated expectations ahead of the next earnings report remain key risks.

NFSG Corp raised its position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 11.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,634 shares of the company's stock after acquiring an additional 9,692 shares during the quarter. Palantir Technologies makes up approximately 1.9% of NFSG Corp's portfolio, making the stock its 11th biggest position. NFSG Corp's holdings in Palantir Technologies were worth $18,263,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Ballast Advisors LLC acquired a new position in shares of Palantir Technologies in the first quarter valued at approximately $29,000. Whipplewood Advisors LLC purchased a new stake in Palantir Technologies during the 1st quarter worth approximately $32,000. Reflection Asset Management purchased a new stake in Palantir Technologies during the 4th quarter worth approximately $35,000. C M Bidwell & Associates Ltd. purchased a new stake in Palantir Technologies during the 2nd quarter worth approximately $35,000. Finally, Monetary Solutions Ltd acquired a new stake in Palantir Technologies during the 4th quarter worth approximately $36,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Eric H. Woersching sold 1,000 shares of Palantir Technologies stock in a transaction on Friday, October 9th. The shares were sold at an average price of $205.00, for a total transaction of $205,000.00. Following the completion of the sale, the director directly owned 3,465 shares of the company's stock, valued at approximately $710,325. The trade was a 22.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander C. Karp sold 492,348 shares of the business's stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the transaction, the insider owned 6,432,258 shares of the company's stock, valued at approximately $1,124,294,375.82. The trade was a 7.11% 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. In the last 90 days, insiders sold 560,390 shares of company stock worth $97,909,177. Corporate insiders own 9.53% of the company's stock.

Palantir Technologies Stock Performance

PLTR stock opened at $200.50 on Friday. The company's 50 day moving average price is $182.33 and its 200 day moving average price is $151.76. The firm has a market capitalization of $481.81 billion, a price-to-earnings ratio of 171.37, a PEG ratio of 3.54 and a beta of 1.60. Palantir Technologies Inc. has a fifty-two week low of $106.37 and a fifty-two week high of $212.94.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.07. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the firm earned $0.16 earnings per share. The firm's quarterly revenue was up 92.8% on a year-over-year basis. Equities analysts forecast that Palantir Technologies Inc. will post 1.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Rosenblatt Securities reissued a "buy" rating and issued a $225.00 price target on shares of Palantir Technologies in a research report on Wednesday, September 23rd. Benchmark reaffirmed a "hold" rating on shares of Palantir Technologies in a research report on Tuesday, August 4th. Zacks Research cut Palantir Technologies from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, October 6th. Barclays began coverage on Palantir Technologies in a report on Friday, October 9th. They issued an "overweight" rating and a $265.00 target price for the company. Finally, Jefferies Financial Group reiterated an "underperform" rating and issued a $80.00 target price on shares of Palantir Technologies in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies presently has an average rating of "Moderate Buy" and an average price target of $201.61.

Palantir Technologies News Roundup

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

• Positive Sentiment: Palantir agreed to deploy its Foundry and Artificial Intelligence Platform (AIP) with Customers Bank to automate commercial-client onboarding while preserving a high-touch banking experience. The deal expands Palantir’s commercial footprint into banking and supports the company’s broader strategy of converting AI demand into recurring enterprise contracts. Palantir Customers Bank collaboration
• Positive Sentiment: Surf Air Mobility signed its fifth OperatorOS contract, with Flying Zebra, for aviation software powered by Palantir. Although the agreement is with Surf Air rather than directly with Palantir, it provides another example of AIP-related technology gaining commercial adoption. Surf Air and Flying Zebra contract
• Positive Sentiment: Goldman Sachs upgraded Palantir to Buy from Neutral, while separate valuation research lifted its fair-value estimate to approximately $205.27 from $195.57. These actions reinforce optimism about Palantir’s AI execution, commercial growth and sovereign-AI opportunities. Palantir fair value estimate
• Neutral Sentiment: Palantir cofounder Peter Thiel and Chief Technology Officer Shyam Sankar made highly controversial comments criticizing AI regulation and AI-safety advocates. The remarks may appeal to some investors but could also increase reputational or regulatory concerns; they do not directly change Palantir’s financial outlook. Palantir CTO comments
• Negative Sentiment: Valuation remains the main overhang. With Palantir trading at roughly 171 times earnings and near its 12-month high, analysts warn that substantial future growth is already priced in, leaving limited room for weaker guidance or a slowdown in AI spending. Palantir valuation concerns
• Negative Sentiment: ARK Invest, managed by Cathie Wood, sold approximately $6.3 million of Palantir shares while reallocating capital to other AI companies. Recent Rule 10b5-1 sales by Palantir directors and executives add to the perception that some insiders are monetizing the rally. ARK Invest Palantir sale
• Negative Sentiment: Investors face a high expectations bar ahead of the expected November 2 earnings report. Palantir’s strong revenue growth and repeated earnings beats support the bullish case, but they also increase the risk of profit-taking if results or forecasts fail to exceed elevated expectations. Palantir earnings expectations

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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