4,381 Shares of Palantir Technologies Inc. $PLTR Bought by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC acquired a new position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 4,381 shares of the company’s stock, valued at approximately $819,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in PLTR. Laurel Wealth Advisors LLC bought a new stake in Palantir Technologies during the third quarter worth approximately $35,000. Cranbrook Wealth Management LLC increased its holdings in shares of Palantir Technologies by 40.7% in the third quarter. Cranbrook Wealth Management LLC now owns 197 shares of the company’s stock valued at $37,000 after buying an additional 57 shares in the last quarter. Ballast Advisors LLC bought a new stake in shares of Palantir Technologies during the 1st quarter worth $29,000. Retirement Wealth Solutions LLC grew its holdings in shares of Palantir Technologies by 51.7% in the 3rd 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 grew its holdings in shares of Palantir Technologies by 219.1% in the 3rd 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 last quarter. 45.65% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Northland Securities set a $200.00 target price on Palantir Technologies in a research report on Tuesday, August 4th. Barclays increased their price target on Palantir Technologies from $265.00 to $273.00 and gave the company an “overweight” rating in a research report on Wednesday. Jefferies Financial Group restated an “underperform” rating and set a $80.00 price objective on shares of Palantir Technologies in a report on Tuesday, August 4th. Morgan Stanley boosted their price target on shares of Palantir Technologies from $205.00 to $233.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Wolfe Research started coverage on shares of Palantir Technologies in a report on Tuesday, August 4th. They set a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $214.53.

Read Our Latest Stock Analysis on PLTR

Palantir Technologies Price Performance

NASDAQ PLTR opened at $171.70 on Thursday. The firm has a market capitalization of $412.61 billion, a price-to-earnings ratio of 120.07, a price-to-earnings-growth ratio of 3.04 and a beta of 1.65. The company has a 50 day simple moving average of $186.84 and a 200-day simple moving average of $153.86. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $212.94.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its quarterly earnings data on Monday, November 2nd. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. Palantir Technologies had a net margin of 50.34% and a return on equity of 30.49%. The firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same quarter in the prior year, the business earned $0.21 EPS. The company’s revenue for the quarter was up 95.9% compared to the same quarter last year. On average, analysts predict that Palantir Technologies Inc. will post 1.33 EPS for the current year.

Insider Buying and Selling at Palantir Technologies

In related news, Director Lauren Friedman Stat sold 5,026 shares of the 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 directly owned 46,402 shares in the company, valued at approximately $9,233,998. This trade represents a 9.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric H. Woersching sold 1,000 shares of Palantir Technologies stock in a transaction on Friday, October 9th. The shares were sold at an average price of $205.00, for a total value of $205,000.00. Following the sale, the director directly owned 3,465 shares of the company’s stock, valued at approximately $710,325. The trade was a 22.40% 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. Insiders sold a total of 523,716 shares of company stock worth $92,212,379 over the last 90 days. 9.53% of the stock is currently owned by insiders.

Palantir Technologies News Summary

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

  • Positive Sentiment: Palantir beat Q3 estimates, with revenue rising 96% year over year to $2.31 billion and earnings also topping expectations. It raised its 2026 revenue outlook to $8.5 billion and forecast Q4 revenue of $2.6 billion to $2.7 billion. U.S. commercial revenue surged 148% and exceeded U.S. government revenue for the first time. Palantir beats Q3 estimates and raises outlook
  • Positive Sentiment: Barclays raised its price target to $273 and kept an Overweight rating, reflecting optimism about Palantir’s growth prospects. Barclays price target update
  • Positive Sentiment: Palantir announced a partnership with footwear manufacturer Changshin to use Foundry and AIP across product development and factory operations, adding a commercial customer and use case. Changshin and Palantir partnership
  • Neutral Sentiment: ARK bought Palantir shares while some ETFs also added to their holdings, signaling investor support, though these flows do not resolve concerns about fundamentals or valuation. ETF purchases of Palantir shares
  • Negative Sentiment: Investors focused on slower bookings: total contract value grew 6%, versus 49% in the prior quarter, while U.S. commercial contract-value growth also decelerated. That raised questions about whether future demand will translate into new contracts as quickly as revenue growth suggests. Analysts cite bookings growth concerns
  • Negative Sentiment: Palantir’s lofty valuation leaves little room for disappointment, and broader concerns about an AI-stock bubble may amplify volatility. Midterm election results also raised concern that a proposed defense budget could be reduced, potentially affecting government-related demand. Election-related concerns for Palantir

Palantir Technologies Profile

(Free Report)

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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Institutional Ownership by Quarter for Palantir Technologies (NASDAQ:PLTR)

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