Greenleaf Trust Buys 2,883 Shares of Palantir Technologies Inc. $PLTR

Greenleaf Trust lifted its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 8.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 35,318 shares of the company’s stock after purchasing an additional 2,883 shares during the period. Greenleaf Trust’s holdings in Palantir Technologies were worth $6,606,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in PLTR. DecisionMap Wealth Management LLC grew its holdings in shares of Palantir Technologies by 2.9% in the third quarter. DecisionMap Wealth Management LLC now owns 3,000 shares of the company’s stock valued at $561,000 after purchasing an additional 84 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in Palantir Technologies during the third quarter worth about $343,058,000. SFE Investment Counsel purchased a new position in Palantir Technologies during the third quarter worth about $213,000. Stevens Capital Partners boosted its holdings in Palantir Technologies by 38.0% in the 3rd quarter. Stevens Capital Partners now owns 3,205 shares of the company’s stock valued at $599,000 after purchasing an additional 883 shares during the last quarter. Finally, ProShare Advisors LLC boosted its holdings in Palantir Technologies by 3.8% in the 3rd quarter. ProShare Advisors LLC now owns 2,674,972 shares of the company’s stock valued at $500,354,000 after purchasing an additional 99,052 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Price Performance

Shares of PLTR stock opened at $184.11 on Monday. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $212.94. The firm has a market cap of $442.43 billion, a PE ratio of 157.36, a price-to-earnings-growth ratio of 3.29 and a beta of 1.65. The company has a 50-day moving average of $186.90 and a two-hundred day moving average of $153.90.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly 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 net margin of 49.01% and a return on equity of 30.57%. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the previous year, the firm earned $0.16 EPS. The business’s revenue was up 92.8% on a year-over-year basis. Sell-side analysts anticipate that Palantir Technologies Inc. will post 1.29 EPS for the current fiscal year.

Insider Activity

In related news, insider Shyam Sankar sold 35,000 shares of Palantir Technologies stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $155.70, for a total value of $5,449,500.00. Following the completion of the sale, the insider owned 642,786 shares in the company, valued at approximately $100,081,780.20. This trade represents a 5.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 2,055 shares of Palantir Technologies stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $174.83, for a total transaction of $359,275.65. Following the completion of the sale, the insider owned 58,171 shares of the company’s stock, valued at $10,170,035.93. This trade represents a 3.41% 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. Insiders have sold a total of 560,390 shares of company stock worth $97,909,177 in the last three months. 9.53% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Robert W. Baird set a $250.00 price target on shares of Palantir Technologies in a research note on Monday, October 12th. Mizuho lifted their price target on shares of Palantir Technologies from $215.00 to $245.00 and gave the company an “outperform” rating in a research report on Thursday, October 15th. Rosenblatt Securities upped their price objective on Palantir Technologies from $225.00 to $260.00 and gave the company a “buy” rating in a report on Tuesday, October 27th. Jefferies Financial Group reiterated an “underperform” rating and issued a $80.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 4th. Finally, DA Davidson increased their price objective on Palantir Technologies from $200.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $208.60.

More Palantir Technologies News

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

• Positive Sentiment: AI demand and earnings expectations remain strong. Analysts expect third-quarter revenue to increase about 84%, supported by demand for Palantir’s Artificial Intelligence Platform (AIP) across government and commercial customers. Investors are also looking for another revenue beat and a potential increase to full-year guidance. Will Top-Line Improvement Benefit Palantir in Q3 Earnings?
• Positive Sentiment: Several analysts see additional upside. JPMorgan initiated coverage with an Overweight rating, placed Palantir on its Analyst Focus List and set a December 2027 price target of $262. Oppenheimer also raised its target to $235 from $200 and maintained an Outperform rating, citing the potential for continued revenue beats. JPMorgan starts Palantir at Overweight
• Neutral Sentiment: Earnings are the immediate catalyst. Wall Street expects exceptional revenue and profit growth, but the stock’s roughly 60% rally since its previous report has raised the bar. Investors will focus on revenue growth, commercial customer momentum and guidance when Palantir reports. Should Palantir Stock Be in Your Portfolio Before Q3 Earnings?
• Negative Sentiment: Valuation and chart weakness are limiting enthusiasm. With a market capitalization above $440 billion and a price-to-earnings ratio near 157, Palantir has substantial growth already priced in. Shares are testing their 50-day moving average near $186.70; technical analysts identify stronger support around $160–$166 if the earnings reaction disappoints. Palantir Price Forecast: Earnings Loom as Downside Risks Build
• Negative Sentiment: Market conditions are adding pressure. A broader technology sell-off and concerns about excessive AI spending have encouraged investors to adopt a more defensive stance. Morgan Stanley has retained a Hold rating, citing Palantir’s rich valuation, while a negative earnings-surprise indicator adds near-term risk. Ahead of Palantir Earnings, Here’s What Barchart Data Says

Palantir Technologies Profile

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.