Palantir Technologies Inc. $PLTR Stock: University of Texas Texas AM Investment Management Co. Boosts Holdings

University of Texas Texas AM Investment Management Co. boosted its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 7,141.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,851 shares of the company’s stock after buying an additional 25,494 shares during the quarter. University of Texas Texas AM Investment Management Co.’s holdings in Palantir Technologies were worth $4,835,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Axiom Investment Management LLC lifted its holdings in Palantir Technologies by 181.8% during the 3rd quarter. Axiom Investment Management LLC now owns 155 shares of the company’s stock worth $29,000 after buying an additional 100 shares during the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of Palantir Technologies in the 3rd quarter valued at approximately $35,000. Cranbrook Wealth Management LLC increased its holdings 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 acquiring 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 approximately $29,000. Finally, Retirement Wealth Solutions LLC raised its position in shares of Palantir Technologies by 51.7% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 217 shares of the company’s stock valued at $41,000 after acquiring an additional 74 shares in the last quarter. 45.65% of the stock is owned by institutional investors.

More Palantir Technologies News

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

• Positive Sentiment: Palantir beat Q3 earnings and revenue estimates, with revenue up 95.9% year over year to $2.31 billion, and raised its 2026 outlook. U.S. commercial sales also exceeded government sales for the first time, underscoring the potential to broaden its customer base. Palantir Q3 results and outlook
• Negative Sentiment: The main concern is slowing bookings: total contract value growth reportedly decelerated sharply, including in U.S. commercial business. Investors worry this could weaken the revenue pipeline and make it harder to sustain Palantir’s rapid growth. Commercial bookings slowdown
• Negative Sentiment: Palantir is also caught in a broader sell-off in AI-related software stocks. Its premium valuation may leave little room for any slowdown or disappointment, while concerns about government and defense spending add uncertainty. Contract growth warning

Insider Transactions at Palantir Technologies

In related news, insider Alexander C. Karp sold 492,348 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $174.79, for a total value of $86,057,506.92. Following the sale, the insider owned 6,432,258 shares of the company’s stock, valued at $1,124,294,375.82. This trade represents a 7.11% decrease in their position. The transaction 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Lauren Friedman Stat sold 1,358 shares of Palantir Technologies stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $186.29, for a total transaction of $252,981.82. Following the completion of the sale, the director owned 45,044 shares in the company, valued at approximately $8,391,246.76. This represents a 2.93% decrease in their ownership of the stock. 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. Insiders sold 523,716 shares of company stock valued at $92,212,379 over the last three months. 9.53% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on PLTR. Cantor Fitzgerald raised their price objective on Palantir Technologies from $156.00 to $207.00 and gave the stock a “neutral” rating in a research note on Monday, November 2nd. KeyCorp reiterated a “sector weight” rating on shares of Palantir Technologies in a research note on Wednesday. Benchmark reissued a “hold” rating on shares of Palantir Technologies in a report on Tuesday, August 4th. Yorkville Ives assumed coverage on shares of Palantir Technologies in a research report on Tuesday, October 6th. They issued an “outperform” rating and a $250.00 price target on the stock. Finally, Phillip Securities lowered shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $214.53.

Palantir Technologies Stock Performance

Shares of Palantir Technologies stock opened at $160.38 on Monday. The stock has a market capitalization of $385.40 billion, a price-to-earnings ratio of 112.15, a PEG ratio of 3.24 and a beta of 1.65. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $212.94. The business’s 50 day simple moving average is $185.88 and its 200-day simple moving average is $153.74.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, November 2nd. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.18 billion. Palantir Technologies had a return on equity of 30.49% and a net margin of 50.34%. The business’s revenue for the quarter was up 95.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.21 EPS. Sell-side analysts predict that Palantir Technologies Inc. will post 1.36 earnings per share for the current year.

Palantir Technologies Profile

Palantir Technologies is a software company that develops platforms for integrating, analyzing and using data to support operational decisions. Its products are designed to help organizations work with large, complex datasets while managing access and security.

The company’s platforms include Gotham, used primarily by government and intelligence customers; Foundry, designed for commercial and other organizations; Apollo, which supports the deployment and management of software; and Artificial Intelligence Platform (AIP), which helps organizations use artificial intelligence with their data and operations.

Founded in 2003, Palantir initially focused on software for government and intelligence work and later expanded its commercial business.