Palantir Technologies Inc. $PLTR Stock: Prime Capital Investment Advisors LLC Lowers Stake

Key Points

• Prime Capital Investment Advisors reduced its Palantir stake by 3% in the third quarter, selling 7,010 shares and retaining 223,302 shares valued at approximately $41.8 million. Institutional investors collectively own 45.65% of the company.
• Palantir insiders have also been selling shares, with insiders disposing of 560,390 shares worth about $97.9 million over the past 90 days, though the reported transactions were conducted under pre-arranged Rule 10b5-1 plans.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and a $203.28 price target, but valuation is a key risk: the stock trades at roughly 167 times earnings despite strong recent growth, including 92.8% year-over-year quarterly revenue growth.

Prime Capital Investment Advisors LLC cut its holdings in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 3.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 223,302 shares of the company's stock after selling 7,010 shares during the quarter. Prime Capital Investment Advisors LLC's holdings in Palantir Technologies were worth $41,769,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Reflection Asset Management bought a new stake in shares of Palantir Technologies in the 4th quarter valued at $35,000. Ballast Advisors LLC acquired a new position in shares of Palantir Technologies during the 1st quarter valued at $29,000. Retirement Wealth Solutions LLC lifted its position in shares of Palantir Technologies by 51.7% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 217 shares of the company's stock valued at $41,000 after acquiring an additional 74 shares during the period. Dakota Community Bank & Trust NA boosted its stake in Palantir Technologies by 219.1% during the third quarter. Dakota Community Bank & Trust NA now owns 217 shares of the company's stock worth $41,000 after acquiring an additional 149 shares in the last quarter. Finally, Whipplewood Advisors LLC bought a new position in Palantir Technologies during the first quarter worth $32,000. 45.65% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Lauren Friedman Stat sold 5,026 shares of Palantir Technologies stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $199.00, for a total transaction of $1,000,174.00. Following the completion of the transaction, the director directly owned 46,402 shares in the company, valued at $9,233,998. This trade represents a 9.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 35,000 shares of the business's stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the sale, the insider directly owned 642,786 shares of the company's stock, valued at approximately $100,081,780.20. The trade was a 5.16% 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. In the last 90 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.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Jefferies Financial Group restated an "underperform" rating and issued a $80.00 price target on shares of Palantir Technologies in a report on Tuesday, August 4th. William Blair reaffirmed an "outperform" rating on shares of Palantir Technologies in a research note on Wednesday, August 26th. Phillip Securities lowered shares of Palantir Technologies from a "strong-buy" rating to a "hold" rating in a report on Monday, October 12th. Robert W. Baird set a $250.00 price objective on shares of Palantir Technologies in a research report on Monday, October 12th. Finally, Royal Bank Of Canada restated an "underperform" rating and issued a $90.00 target price on shares of Palantir Technologies in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $203.28.

Palantir Technologies Price Performance

Shares of NASDAQ:PLTR traded up $1.11 during trading on Tuesday, reaching $195.26. 8,216,461 shares of the stock were exchanged, compared to its average volume of 42,101,797. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $212.94. The stock has a fifty day moving average of $182.99 and a two-hundred day moving average of $152.44. The firm has a market cap of $469.22 billion, a price-to-earnings ratio of 166.84, a price-to-earnings-growth ratio of 3.27 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its 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 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 analysts' expectations of $1.81 billion. During the same period last year, the business earned $0.16 EPS. Palantir Technologies's quarterly revenue was up 92.8% compared to the same quarter last year. Sell-side analysts forecast that Palantir Technologies Inc. will post 1.31 EPS for the current year.

Palantir Technologies News Roundup

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

• Positive Sentiment: Palantir partnered with Knox Systems to accelerate deployment of its software and AI tools in secure federal cloud environments, including FedRAMP and IL5 workloads. The agreement strengthens Palantir’s positioning with U.S. defense and government customers, although financial terms were not disclosed. Knox and Palantir partnership
• Positive Sentiment: Mizuho and Baird raised their price targets to $245 and $250, respectively, reflecting confidence in Palantir’s strong execution and growth outlook. The company’s second-quarter revenue rose approximately 93% year over year, and bulls expect another earnings beat. Palantir stock rebounds ahead of earnings
• Positive Sentiment: Some analysts view Palantir’s defense deployments, including the TITAN system, as evidence that its AI products are moving from pilot projects into recurring, operational use. Its capital-light model and strong free-cash-flow generation could help support margins. Palantir TITAN system delivery
• Neutral Sentiment: Palantir is scheduled to report earnings around Nov. 2. The report will be an important test of whether rapid commercial and government growth can continue and whether margins remain resilient.
• Neutral Sentiment: Market commentary identifies Palantir as one of the software companies with relatively sticky demand during the AI-sector sell-off. Analysts nevertheless caution that technical resistance near recent highs could produce additional volatility. Stocks with sticky AI demand
• Negative Sentiment: Valuation remains the main risk. Commentators warn that Palantir’s triple-digit earnings multiple already assumes years of exceptional execution, leaving limited room for slower growth, weaker margins, or a disappointing outlook. Palantir valuation risk
• Negative Sentiment: ETF investors were net sellers, while ARK Invest sold roughly $3.6 million of Palantir shares. Reported insider selling above $8 million in October adds another source of near-term supply and may reinforce concerns about profit-taking. ARK Invest sells Palantir shares

About Palantir Technologies

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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