Palantir Technologies Inc. $PLTR Stock Acquired by Venture Visionary Partners LLC

Venture Visionary Partners LLC lifted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 43.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 107,840 shares of the company’s stock after buying an additional 32,681 shares during the quarter. Venture Visionary Partners LLC’s holdings in Palantir Technologies were worth $20,171,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jennison Associates LLC purchased a new position in Palantir Technologies during the 1st quarter valued at about $1,574,111,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Palantir Technologies by 277.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company’s stock valued at $1,528,143,000 after purchasing an additional 7,678,747 shares in the last quarter. Cardano Risk Management B.V. lifted its holdings in shares of Palantir Technologies by 917.4% in the fourth quarter. Cardano Risk Management B.V. now owns 6,585,630 shares of the company’s stock valued at $1,170,596,000 after purchasing an additional 5,938,343 shares in the last quarter. Corient Private Wealth LLC grew its position in shares of Palantir Technologies by 1,449.7% in the fourth quarter. Corient Private Wealth LLC now owns 5,272,601 shares of the company’s stock valued at $937,205,000 after purchasing an additional 4,932,364 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of Palantir Technologies by 28.7% in the first quarter. Bank of America Corp DE now owns 18,839,779 shares of the company’s stock valued at $2,755,883,000 after purchasing an additional 4,201,852 shares during the last quarter. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

More Palantir Technologies News

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

• Positive Sentiment: Veteran technology analyst Dan Ives named Palantir one of his top AI stock picks, arguing that a projected $4 trillion AI spending cycle remains in its early stages. The endorsement supports the view that Palantir could benefit from sustained enterprise and government AI investment. Dan Ives AI stock picks
• Positive Sentiment: Palantir’s partnership with Armada to deploy its Sovereign AI Operating System is reinforcing its push into air-gapped and sovereign infrastructure, potentially broadening demand beyond traditional government software. Palantir sovereign AI partnership
• Positive Sentiment: Analyst coverage remains broadly constructive. Zacks highlighted Wall Street’s optimistic view, while Ives reportedly initiated coverage favoring Palantir over Oracle. The bullish case is supported by Palantir’s recent earnings beat, 92.8% year-over-year revenue growth and strong profitability. Wall Street optimism on Palantir
• Neutral Sentiment: Investors are focused on the operating metric that will determine whether Palantir’s premium multiple can hold, particularly as costs rise and growth momentum potentially moderates. The company’s next results will be important for validating current expectations. Metric that could determine Palantir’s next move
• Negative Sentiment: Valuation remains the main risk. Articles note that PLTR trades at a substantial premium to the software sector, leaving limited room for execution misses or slower growth. Investor Michael Burry has also taken longer-dated bearish options positions on Palantir, citing concerns about an eventual AI downturn. Michael Burry bearish Palantir position
• Negative Sentiment: Director Lauren Friedman Stat sold 1,337 shares worth approximately $254,000 under a pre-arranged Rule 10b5-1 trading plan. The planned nature and relatively small size reduce the signal, but the sale adds to concerns about insider selling at elevated prices. Palantir director stock sale

Insider Activity at Palantir Technologies

In related news, Director Lauren Friedman Stat sold 1,337 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $189.95, for a total transaction of $253,963.15. Following the completion of the transaction, the director owned 51,428 shares of the company’s stock, valued at approximately $9,768,748.60. This represents a 2.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander Karp sold 492,348 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the transaction, the insider directly owned 6,432,258 shares in the company, valued at approximately $1,124,294,375.82. This represents a 7.11% 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. Insiders have sold a total of 536,364 shares of company stock valued at $93,083,303 in the last ninety days. 9.53% of the stock is owned by company insiders.

Palantir Technologies Trading Up 1.1%

PLTR traded up $2.05 during midday trading on Wednesday, hitting $194.12. The company’s stock had a trading volume of 15,686,216 shares, compared to its average volume of 42,842,438. The firm has a market cap of $466.48 billion, a P/E ratio of 165.91, a PEG ratio of 2.66 and a beta of 1.60. The firm has a 50-day moving average price of $173.33 and a two-hundred day moving average price of $149.27. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The company’s quarterly revenue was up 92.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.16 EPS. On average, equities analysts expect that Palantir Technologies Inc. will post 1.28 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on PLTR. Deutsche Bank Aktiengesellschaft upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 price objective for the company in a research report on Tuesday, August 4th. The Goldman Sachs Group reissued a “neutral” rating on shares of Palantir Technologies in a research report on Monday, September 28th. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 price target on shares of Palantir Technologies in a report on Wednesday, September 23rd. Wolfe Research started coverage on Palantir Technologies in a research report on Tuesday, August 4th. They issued a “buy” rating on the stock. Finally, Wedbush assumed coverage on Palantir Technologies in a research note on Tuesday, June 16th. They set an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $195.33.

About Palantir Technologies

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.