Palantir Technologies Inc. $PLTR Stock: Mather Group LLC. Increases Holdings

Key Points

• Mather Group LLC increased its Palantir position by 13.6% in the third quarter, adding 2,764 shares to hold 23,073 shares valued at approximately $4.3 million. Institutional investors collectively own 45.65% of the company.
• Palantir reported strong recent operating results, with quarterly revenue up 92.8% year over year and EPS beating analyst expectations. Goldman Sachs upgraded the stock to Buy and set a $230 price target, contributing to a consensus “Moderate Buy” rating.
• Valuation and selling activity remain key risks: Palantir trades at roughly 171 times earnings near its 52-week high, while insiders have sold about $97.9 million of shares over the past three months ahead of the expected November 2 earnings report.

Mather Group LLC. increased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 13.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 23,073 shares of the company's stock after buying an additional 2,764 shares during the quarter. Mather Group LLC.'s holdings in Palantir Technologies were worth $4,316,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Ring Mountain Capital LLC grew its position in Palantir Technologies by 1.0% in the third quarter. Ring Mountain Capital LLC now owns 5,931 shares of the company's stock worth $1,109,000 after acquiring an additional 60 shares during the period. BCGM Wealth Management LLC increased its stake in Palantir Technologies by 2.0% during the second quarter. BCGM Wealth Management LLC now owns 3,202 shares of the company's stock worth $374,000 after acquiring an additional 64 shares during the last quarter. JDM Financial Group LLC raised its position in Palantir Technologies by 20.9% in the second quarter. JDM Financial Group LLC now owns 388 shares of the company's stock valued at $45,000 after purchasing an additional 67 shares during the period. LifeSteps Financial Inc. raised its position in Palantir Technologies by 4.9% in the first quarter. LifeSteps Financial Inc. now owns 1,482 shares of the company's stock valued at $217,000 after purchasing an additional 69 shares during the period. Finally, IFC & Insurance Marketing Inc. raised its position in Palantir Technologies by 4.0% in the first quarter. IFC & Insurance Marketing Inc. now owns 1,806 shares of the company's stock valued at $264,000 after purchasing an additional 70 shares during the period. Hedge funds and other institutional investors own 45.65% of the company's stock.

More Palantir Technologies News

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

Palantir Technologies Stock Performance

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

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

Insider Transactions 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 owned 56,921 shares of the company's stock, valued at approximately $9,920,761.09. This represents a 2.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 Ryan Taylor sold 18,000 shares of the firm's stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $201.15, for a total value of $3,620,700.00. Following the transaction, the insider owned 274,667 shares of the company's stock, valued at $55,249,267.05. This trade represents a 6.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 560,390 shares of company stock worth $97,909,177. 9.53% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

PLTR has been the topic of several recent analyst reports. Raymond James Financial raised Palantir Technologies from a "hold" rating to a "moderate buy" rating in a research note on Thursday, October 8th. Citigroup downgraded Palantir Technologies from a "buy" rating to a "market perform" rating in a research report on Tuesday, August 4th. Royal Bank Of Canada restated an "underperform" rating and issued a $90.00 price objective on shares of Palantir Technologies in a report on Friday, July 31st. 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 report on Thursday, October 8th. Finally, Wolfe Research began coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They issued a "buy" rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $201.61.

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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