6,195 Shares in Palantir Technologies Inc. $PLTR Purchased by Fortress Financial Solutions LLC

Fortress Financial Solutions LLC bought a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) during the third quarter, Holdings Channel.com reports. The fund bought 6,195 shares of the company’s stock, valued at approximately $1,159,000. Palantir Technologies makes up about 1.0% of Fortress Financial Solutions LLC’s portfolio, making the stock its 25th largest position.

Other institutional investors also recently added to or reduced their stakes in the company. Monetary Solutions Ltd bought a new stake in shares of Palantir Technologies in the fourth quarter valued at approximately $36,000. Reflection Asset Management acquired a new stake in shares of Palantir Technologies in the fourth quarter worth $35,000. Ballast Advisors LLC acquired a new stake in shares of Palantir Technologies in the first quarter worth $29,000. Retirement Wealth Solutions LLC grew its stake in shares of Palantir Technologies by 51.7% in the third quarter. Retirement Wealth Solutions LLC now owns 217 shares of the company’s stock worth $41,000 after acquiring an additional 74 shares during the last quarter. Finally, Dakota Community Bank & Trust NA increased its position 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 during the period. 45.65% of the stock is owned by institutional investors.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Palantir’s Artificial Intelligence Platform (AIP) continues to support rapid U.S. commercial growth, with rising revenue and contract values signaling strong enterprise demand for AI software. AIP commercial growth
• Positive Sentiment: The Regna AI venture with Ondas adds a potential sovereign-AI and defense growth channel. The partnership is intended to support specialized AI models for drones, surveillance, ground vehicles and unmanned systems. Regna AI opportunity
• Positive Sentiment: Palantir’s operating results remain a key bullish argument: the latest quarter included revenue growth of 92.8% year over year and earnings above consensus, while management previously raised fiscal 2026 revenue guidance. Palantir AI opportunity
• Neutral Sentiment: Palantir and London Mayor Sadiq Khan dropped their legal dispute over a proposed £50 million Metropolitan Police contract. The resolution removes litigation uncertainty, although it does not confirm that Palantir will receive the contract. London police contract dispute
• Negative Sentiment: Valuation is limiting enthusiasm. With Palantir trading at a very high earnings multiple after a powerful rally, investors fear that much of the expected AI and defense growth is already reflected in the stock price. The upcoming earnings release therefore sets a particularly high bar. Palantir earnings expectations
• Negative Sentiment: Recent insider selling is an additional sentiment headwind. A director sold approximately $1.0 million of shares and another insider sold about $3.6 million, though both transactions were made under pre-arranged Rule 10b5-1 plans. Palantir insider selling
• Negative Sentiment: Phillip Securities downgraded Palantir from “strong buy” to “hold,” while prominent investor Michael Burry’s reported bearish stance reinforces concerns that AI enthusiasm may have pushed software valuations too far. Palantir analyst downgrade

Analyst Upgrades and Downgrades

PLTR has been the subject of several research analyst reports. Wolfe Research began coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They set a “buy” rating for the company. Barclays started coverage on shares of Palantir Technologies in a report on Friday, October 9th. They issued an “overweight” rating and a $265.00 price target for the company. William Blair restated an “outperform” rating on shares of Palantir Technologies in a research report on Wednesday, August 26th. Phillip Securities lowered shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, 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. One 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $200.54.

Insider Buying and Selling at Palantir Technologies

In related news, insider Shyam Sankar sold 35,000 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $155.70, for a total value of $5,449,500.00. Following the completion of the transaction, the insider directly owned 642,786 shares in the company, valued at approximately $100,081,780.20. This represents a 5.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Friedman Stat sold 5,026 shares of the firm’s stock in a transaction on Thursday, October 8th. The stock was 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 approximately $9,233,998. This trade represents a 9.77% 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. Insiders sold a total of 559,390 shares of company stock valued at $97,704,177 in the last quarter. 9.53% of the stock is currently owned by corporate insiders.

Palantir Technologies Stock Down 3.7%

Palantir Technologies stock traded down $7.70 during trading hours on Wednesday, hitting $200.97. The stock had a trading volume of 24,046,176 shares, compared to its average volume of 42,498,117. The company has a 50-day moving average of $180.59 and a two-hundred day moving average of $150.98. The company has a market cap of $482.94 billion, a PE ratio of 171.77, a price-to-earnings-growth ratio of 2.87 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) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.41 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 during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter last year, the company earned $0.16 EPS. The company’s quarterly revenue was up 92.8% on a year-over-year basis. As a group, analysts forecast that Palantir Technologies Inc. will post 1.31 EPS for the current fiscal year.

Palantir Technologies 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.