2,524 Palantir Technologies Inc. $PLTR Shares Acquired by N10 Assets LLC

N10 Assets LLC lifted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 4.2% during the third quarter, Holdings Channel reports. The fund owned 62,647 shares of the company’s stock after buying an additional 2,524 shares during the quarter. Palantir Technologies makes up 4.3% of N10 Assets LLC’s holdings, making the stock its 11th largest holding. N10 Assets LLC’s holdings in Palantir Technologies were worth $11,718,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PLTR. WestHill Financial Advisors Inc. purchased a new position in shares of Palantir Technologies during the third quarter worth $202,000. First Citizens Bank & Trust Co. boosted its holdings in Palantir Technologies by 20.0% in the third quarter. First Citizens Bank & Trust Co. now owns 112,012 shares of the company’s stock valued at $20,952,000 after purchasing an additional 18,634 shares during the last quarter. Succession Financial Inc. boosted its holdings in Palantir Technologies by 133.1% in the third quarter. Succession Financial Inc. now owns 4,815 shares of the company’s stock valued at $901,000 after purchasing an additional 2,749 shares during the last quarter. XY Planning Network Inc. purchased a new stake in Palantir Technologies in the third quarter valued at $298,000. Finally, Define Financial LLC acquired a new stake in Palantir Technologies during the 3rd quarter worth about $255,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on PLTR shares. Zacks Research lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 6th. Oppenheimer cut Palantir Technologies from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. Raymond James Financial upgraded Palantir Technologies from a “hold” rating to a “moderate buy” rating in a research note on Thursday, October 8th. DA Davidson raised their target price on Palantir Technologies from $200.00 to $250.00 and gave the stock a “buy” rating in a report on Friday, September 11th. Finally, BNP Paribas Exane started coverage on Palantir Technologies in a report on Tuesday, June 16th. They set an “underperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $200.54.

Key Palantir Technologies News

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 Stock Performance

Shares of PLTR traded down $6.34 during trading hours on Wednesday, hitting $202.33. The stock had a trading volume of 12,231,207 shares, compared to its average volume of 42,433,055. The firm has a 50-day moving average price of $180.59 and a 200 day moving average price of $150.98. Palantir Technologies Inc. has a fifty-two week low of $106.37 and a fifty-two week high of $212.94. The firm has a market capitalization of $486.22 billion, a price-to-earnings ratio of 172.88, a PEG ratio of 2.87 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The firm had revenue of $1.94 billion for 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 firm’s quarterly revenue was up 92.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.16 earnings per share. As a group, analysts predict that Palantir Technologies Inc. will post 1.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Jeffrey Buckley sold 2,055 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $174.83, for a total transaction of $359,275.65. Following the sale, the insider directly owned 58,171 shares of the company’s stock, valued at $10,170,035.93. This represents a 3.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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, insider Ryan D. Taylor sold 18,000 shares of the firm’s stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $201.15, for a total value of $3,620,700.00. Following the sale, the insider owned 274,667 shares in the company, valued at $55,249,267.05. This trade represents a 6.15% 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. In the last 90 days, insiders have sold 559,390 shares of company stock valued at $97,704,177. Insiders own 9.53% of the company’s stock.

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.