7,924 Palantir Technologies Inc. $PLTR Shares Sold by Enclave Advisors LLC

Enclave Advisors LLC lowered its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 17.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,853 shares of the company’s stock after selling 7,924 shares during the quarter. Palantir Technologies makes up approximately 0.9% of Enclave Advisors LLC’s investment portfolio, making the stock its 29th largest position. Enclave Advisors LLC’s holdings in Palantir Technologies were worth $7,080,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jennison Associates LLC bought a new stake in shares of Palantir Technologies during the 1st quarter worth approximately $1,574,111,000. Arrowstreet Capital Limited Partnership raised its position in Palantir Technologies by 277.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company’s stock worth $1,528,143,000 after acquiring an additional 7,678,747 shares in the last quarter. Corient Private Wealth LLC raised its position in Palantir Technologies by 1,449.7% during the fourth quarter. Corient Private Wealth LLC now owns 5,272,601 shares of the company’s stock worth $937,205,000 after acquiring an additional 4,932,364 shares in the last quarter. Bank of America Corp DE lifted its stake in Palantir Technologies by 28.7% in the first quarter. Bank of America Corp DE now owns 18,839,779 shares of the company’s stock valued at $2,755,883,000 after acquiring an additional 4,201,852 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its stake in Palantir Technologies by 795.6% in the first quarter. Janus Henderson Group PLC now owns 3,323,141 shares of the company’s stock valued at $480,247,000 after acquiring an additional 2,952,079 shares during the last quarter. Institutional investors own 45.65% of the company’s stock.

Analyst Ratings Changes

PLTR has been the subject of several recent analyst reports. Jefferies Financial Group reiterated an “underperform” rating and issued a $80.00 target price on shares of Palantir Technologies in a research note on Tuesday, August 4th. William Blair reissued an “outperform” rating on shares of Palantir Technologies in a research report on Wednesday, August 26th. Wolfe Research began coverage on Palantir Technologies in a research note on Tuesday, August 4th. They issued a “buy” rating on the stock. Citigroup lowered Palantir Technologies from a “buy” rating to a “market perform” rating in a research note on Tuesday, August 4th. Finally, Barclays initiated coverage on Palantir Technologies in a research report on Friday, October 9th. They issued an “overweight” rating and a $265.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies has an average rating of “Moderate Buy” and a consensus target price of $200.54.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Palantir’s latest operating trends remain a major bullish factor. Revenue rose 92.8% year over year in the most recently reported quarter, earnings exceeded expectations, and management raised fiscal 2026 revenue guidance. Several analysts and investors argue that consensus estimates may still be too conservative. Palantir growth and guidance article
• Positive Sentiment: The company’s partnership with Ondas to launch Regna AI could broaden Palantir’s sovereign-defense opportunity. The standalone venture will develop specialized AI models for drones, surveillance systems, ground vehicles and other mission-critical platforms, potentially supporting future government demand. Regna AI announcement
• Neutral Sentiment: Palantir scheduled its third-quarter 2026 earnings release for November 2 after the market close. Investors will look for evidence that the company can sustain its rapid growth and justify its premium valuation. Palantir earnings announcement
• Neutral Sentiment: CTO Shyam Sankar’s criticism of AI safety advocates and comments about the Pentagon’s AI strategy reinforce Palantir’s defense-focused positioning, but the provocative tone could attract regulatory or reputational attention. Palantir CTO comments
• Negative Sentiment: Director Lauren Friedman Stat sold 5,026 shares for approximately $1.0 million, while insider Ryan Taylor sold 18,000 shares for about $3.6 million. Both transactions were conducted under pre-arranged Rule 10b5-1 plans, reducing their significance, but continued insider selling can weigh on sentiment. Palantir insider selling report
• Negative Sentiment: Phillip Securities downgraded Palantir to “hold,” while valuation analyses describe the shares as expensive, with a very high earnings multiple and the stock trading above the average published analyst target. This leaves the shares vulnerable to profit-taking if growth slows. Palantir rating downgrade

Insider Activity

In other Palantir Technologies news, insider Ryan Taylor sold 18,000 shares of the firm’s stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $201.15, for a total transaction of $3,620,700.00. Following the transaction, the insider owned 274,667 shares in the company, valued at $55,249,267.05. This trade represents a 6.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Friedman Stat sold 5,026 shares of Palantir Technologies stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $199.00, for a total value of $1,000,174.00. Following the completion of the transaction, the director directly owned 46,402 shares of the company’s stock, valued at $9,233,998. This represents a 9.77% 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. Over the last 90 days, insiders have sold 559,390 shares of company stock worth $97,704,177. 9.53% of the stock is currently owned by insiders.

Palantir Technologies Stock Down 0.2%

Shares of NASDAQ:PLTR opened at $208.67 on Wednesday. Palantir Technologies Inc. has a 12-month low of $106.37 and a 12-month high of $212.94. The company’s 50 day moving average price is $180.59 and its two-hundred day moving average price is $150.98. The firm has a market cap of $501.45 billion, a PE ratio of 178.35, a PEG ratio of 2.87 and a beta of 1.60.

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

Palantir Technologies Company Profile

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.