Palantir Technologies Inc. $PLTR Shares Newly Purchased by IPG Investment Advisors LLC

IPG Investment Advisors LLC acquired a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 14,643 shares of the company’s stock, valued at approximately $2,739,000.

Other hedge funds also recently modified their holdings of the company. Laurel Wealth Advisors LLC bought a new position in Palantir Technologies during the 3rd quarter worth $35,000. Cranbrook Wealth Management LLC grew its position in shares of Palantir Technologies by 40.7% in the 3rd quarter. Cranbrook Wealth Management LLC now owns 197 shares of the company’s stock valued at $37,000 after buying an additional 57 shares during the last quarter. Ballast Advisors LLC bought a new stake in shares of Palantir Technologies in the 1st quarter valued at about $29,000. Retirement Wealth Solutions LLC increased 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 valued at $41,000 after buying an additional 74 shares during the period. Finally, Dakota Community Bank & Trust NA increased its stake in shares of Palantir Technologies by 219.1% in the third quarter. Dakota Community Bank & Trust NA now owns 217 shares of the company’s stock valued at $41,000 after buying an additional 149 shares during the period. Institutional investors and hedge funds own 45.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on PLTR shares. Royal Bank Of Canada raised their price objective on Palantir Technologies from $90.00 to $130.00 and gave the stock an “underperform” rating in a research report on Tuesday. Truist Financial reiterated a “buy” rating and issued a $250.00 target price (up from $223.00) on shares of Palantir Technologies in a report on Tuesday. UBS Group reissued a “buy” rating on shares of Palantir Technologies in a research report on Tuesday. Roth Capital initiated coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They set a “buy” rating for the company. Finally, Needham & Company LLC set a $215.00 price target on shares of Palantir Technologies in a report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Palantir Technologies currently has an average rating of “Moderate Buy” and an average price target of $212.86.

Key Palantir Technologies News

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

• Positive Sentiment: Palantir beat estimates, reporting third-quarter revenue of $2.31 billion, up 96% year over year, and adjusted earnings of $0.44 per share. U.S. commercial revenue grew 148% to $984 million, surpassing U.S. government revenue for the first time. Palantir reports booming U.S. commercial revenue growth
• Positive Sentiment: Management raised its 2026 revenue outlook to about $8.5 billion, above consensus, and forecast fourth-quarter revenue of $2.6 billion to $2.7 billion. The company also cited strong demand for its AI products. Palantir Q3 earnings call highlights
• Positive Sentiment: Some analysts raised price targets after the results, pointing to Palantir’s growth and raised outlook. These upgrades offer support for the bullish case, though they have not erased investor concerns. Analysts raise price targets after Q3
• Neutral Sentiment: Palantir says some customers are using shorter Sovereign AI contracts while evaluating models, which it expects could expand over time. That may explain part of the bookings slowdown, but leaves uncertainty about when current demand will convert into longer-term commitments. Palantir growth and contract trends
• Negative Sentiment: Bookings were the main near-term concern: total contract value increased just 6% year over year, versus 49% in the previous quarter, while U.S. commercial contract value growth slowed sharply. Investors worry that slower new commitments could eventually temper the exceptional revenue growth. Analysts cite slower bookings growth
• Negative Sentiment: Valuation also amplifies the risk: investors appear to expect continued rapid growth, making even a slowdown in bookings a potential trigger for selling after the earnings beat. Palantir and high earnings expectations

Palantir Technologies Stock Performance

Shares of PLTR stock opened at $175.40 on Wednesday. The company has a market cap of $421.50 billion, a P/E ratio of 122.66, a PEG ratio of 3.18 and a beta of 1.65. The stock has a 50 day simple moving average of $186.86 and a two-hundred day simple moving average of $153.89. 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 issued its quarterly earnings results on Monday, November 2nd. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.03. The firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.18 billion. Palantir Technologies had a return on equity of 32.87% and a net margin of 50.34%. The company’s revenue was up 95.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.21 earnings per share. On average, research analysts predict that Palantir Technologies Inc. will post 1.29 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Ryan D. Taylor sold 18,000 shares of the stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $201.15, for a total transaction of $3,620,700.00. Following the transaction, the insider directly owned 274,667 shares of the company’s stock, valued at $55,249,267.05. This represents a 6.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 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 transaction of $1,000,174.00. Following the completion of the sale, the director owned 46,402 shares of the company’s stock, valued at $9,233,998. The trade was 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 have sold a total of 557,358 shares of company stock worth $97,408,897 over the last ninety days. 9.53% of the stock is owned by company insiders.

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.