4,650 Palantir Technologies Inc. $PLTR Shares Sold by Three Magnolias Financial Advisors LLC

Three Magnolias Financial Advisors LLC decreased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 19.1% in the third quarter, HoldingsChannel reports. The firm owned 19,705 shares of the company’s stock after selling 4,650 shares during the quarter. Palantir Technologies accounts for approximately 2.2% of Three Magnolias Financial Advisors LLC’s investment portfolio, making the stock its 15th largest holding. Three Magnolias Financial Advisors LLC’s holdings in Palantir Technologies were worth $3,686,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. N10 Wealth LLC lifted its position in shares of Palantir Technologies by 19.1% in the third quarter. N10 Wealth LLC now owns 72,570 shares of the company’s stock worth $13,574,000 after buying an additional 11,656 shares in the last quarter. Seelaus Asset Management LLC boosted its stake in Palantir Technologies by 5.0% during the third quarter. Seelaus Asset Management LLC now owns 3,340 shares of the company’s stock valued at $625,000 after buying an additional 160 shares during the last quarter. N10 Assets LLC grew its holdings in Palantir Technologies by 4.2% during the 3rd quarter. N10 Assets LLC now owns 62,647 shares of the company’s stock valued at $11,718,000 after buying an additional 2,524 shares in the last quarter. WestHill Financial Advisors Inc. purchased a new position in Palantir Technologies during the 3rd quarter valued at approximately $202,000. Finally, First Citizens Bank & Trust Co. grew its holdings in Palantir Technologies by 20.0% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 112,012 shares of the company’s stock valued at $20,952,000 after buying an additional 18,634 shares in the last quarter. 45.65% of the stock is owned by institutional investors.

Insider Transactions at Palantir Technologies

In other news, insider Jeffrey Buckley sold 2,055 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $174.83, for a total transaction of $359,275.65. Following the transaction, the insider owned 58,171 shares of the company’s stock, valued at approximately $10,170,035.93. The trade was a 3.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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. Also, Director Lauren Friedman Stat sold 5,026 shares of the business’s stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $199.00, for a total value of $1,000,174.00. Following the transaction, the director directly owned 46,402 shares in the company, valued at approximately $9,233,998. This represents a 9.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 559,390 shares of company stock worth $97,704,177. 9.53% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on PLTR. Northland Securities set a $200.00 price objective on Palantir Technologies in a report on Tuesday, August 4th. Wolfe Research initiated coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They issued a “buy” rating on the stock. William Blair restated an “outperform” rating on shares of Palantir Technologies in a research report on Wednesday, August 26th. The Goldman Sachs Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $230.00 price target on the stock in a research note on Thursday, October 8th. Finally, Benchmark reiterated a “hold” rating on shares of Palantir Technologies in a research report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $200.54.

Palantir Technologies Stock Down 3.1%

PLTR traded down $6.54 on Wednesday, hitting $202.13. The company had a trading volume of 12,401,309 shares, compared to its average volume of 42,435,695. The business’s fifty day simple moving average is $180.59 and its 200 day simple moving average is $150.98. Palantir Technologies Inc. has a 12-month low of $106.37 and a 12-month high of $212.94. The company has a market cap of $485.73 billion, a PE ratio of 172.66, a PEG ratio of 2.87 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data 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 return on equity of 30.57% and a net margin of 49.01%. 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 prior year, the business posted $0.16 earnings per share. The company’s quarterly revenue was up 92.8% compared to the same quarter last year. On average, analysts anticipate that Palantir Technologies Inc. will post 1.31 earnings per share for the current fiscal year.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Palantir’s partnership with Ondas to launch Regna AI strengthens its sovereign-defense strategy. The venture will develop specialized AI models for drones, surveillance systems, ground vehicles and unmanned vessels, potentially creating a new source of government and defense demand. Regna AI and Palantir article
• Positive Sentiment: Recent operating results remain a major support for the stock. Palantir’s latest quarter produced revenue of $1.94 billion, up 92.8% year over year, while earnings exceeded consensus estimates. Bullish analysts argue that accelerating AI adoption and raised fiscal 2026 guidance could justify further growth. Palantir AI opportunity article
• Neutral Sentiment: The legal dispute involving London Mayor Sadiq Khan over a £50 million Metropolitan Police contract has been dropped, removing a source of controversy, although the development does not immediately add confirmed revenue. Palantir London police contract article
• Negative Sentiment: Valuation concerns are limiting enthusiasm. Palantir trades at roughly 173 times earnings, and its rapid appreciation has pushed expectations well above many published analyst price targets. Michael Burry’s reported short position and broader warning that AI stocks may be peaking are adding to caution. Michael Burry Palantir short article
• Negative Sentiment: Palantir has beaten estimates nine consecutive times, but that record creates a high bar for the November 2 report. Any slowdown in growth, weaker guidance or evidence that AI spending is not converting into profits could trigger a sharper pullback. Palantir earnings expectations article
• Negative Sentiment: Insiders disclosed sales, including a director’s $1.0 million transaction and an executive’s $3.6 million sale. Both were conducted under pre-arranged Rule 10b5-1 plans, reducing their predictive value, but they can still reinforce concerns about profit-taking near record levels. Palantir insider selling article

Palantir Technologies Company 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.