1,834,044 Shares in Palantir Technologies Inc. $PLTR Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,834,044 shares of the company’s stock, valued at approximately $343,058,000. Palantir Technologies accounts for 0.6% of Mirae Asset Global Investments Co. Ltd.’s investment portfolio, making the stock its 24th biggest position. Mirae Asset Global Investments Co. Ltd. owned 0.08% of Palantir Technologies at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in PLTR. SFE Investment Counsel acquired a new stake in Palantir Technologies during the 3rd quarter worth about $213,000. Stevens Capital Partners increased its holdings in shares of 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 period. ProShare Advisors LLC lifted its position in shares of Palantir Technologies by 3.8% in the third quarter. ProShare Advisors LLC now owns 2,674,972 shares of the company’s stock worth $500,354,000 after purchasing an additional 99,052 shares in the last quarter. Vise Technologies Inc. boosted its holdings in shares of Palantir Technologies by 27.0% during the third quarter. Vise Technologies Inc. now owns 106,132 shares of the company’s stock worth $19,852,000 after purchasing an additional 22,575 shares during the period. Finally, Investment Partners LTD. boosted its holdings in shares of Palantir Technologies by 99.7% during the third quarter. Investment Partners LTD. now owns 16,546 shares of the company’s stock worth $3,095,000 after purchasing an additional 8,259 shares during the period. 45.65% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Palantir Technologies

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

Wall Street Analysts Forecast Growth

PLTR has been the topic of a number of research analyst reports. The Goldman Sachs Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $230.00 price objective on the stock in a research report on Thursday, October 8th. Oppenheimer reiterated an “outperform” rating and issued a $235.00 target price (up from $200.00) on shares of Palantir Technologies in a research report on Thursday. Wolfe Research started coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They set a “buy” rating for the company. Jefferies Financial Group restated an “underperform” rating and set a $80.00 price target on shares of Palantir Technologies in a report on Tuesday, August 4th. Finally, Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Palantir Technologies in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $208.60.

View Our Latest Stock Report on PLTR

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, 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 transaction of $1,000,174.00. Following the sale, the director owned 46,402 shares in the company, valued at $9,233,998. The trade was a 9.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,250 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $174.29, for a total transaction of $217,862.50. Following the completion of the sale, the insider directly owned 56,921 shares in the company, valued at approximately $9,920,761.09. The trade was a 2.15% decrease in their position. The SEC filing for this sale provides additional information. 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. Over the last three months, insiders have sold 560,390 shares of company stock worth $97,909,177. Insiders own 9.53% of the company’s stock.

Palantir Technologies Price Performance

Shares of Palantir Technologies stock opened at $184.11 on Friday. The firm has a market cap of $442.43 billion, a price-to-earnings ratio of 157.36, a P/E/G ratio of 3.28 and a beta of 1.60. The stock has a 50-day simple moving average of $186.90 and a 200-day simple moving average of $153.90. 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 announced its quarterly earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.34 by $0.07. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the business posted $0.16 EPS. Palantir Technologies’s quarterly revenue was up 92.8% on a year-over-year basis. As a group, equities research analysts predict that Palantir Technologies Inc. will post 1.29 earnings per share for the current year.

Palantir Technologies Company 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.

See Also

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

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