4,788 Palantir Technologies Inc. $PLTR Shares Acquired by Segment Wealth Management LLC

Segment Wealth Management LLC raised its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 25.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,767 shares of the company’s stock after buying an additional 4,788 shares during the period. Segment Wealth Management LLC’s holdings in Palantir Technologies were worth $4,446,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ballast Advisors LLC bought a new stake in Palantir Technologies during the 1st quarter worth $29,000. Whipplewood Advisors LLC bought a new position in Palantir Technologies in the first quarter valued at about $32,000. C M Bidwell & Associates Ltd. bought a new position in Palantir Technologies in the second quarter valued at about $35,000. Retirement Wealth Solutions LLC boosted its stake in shares of Palantir Technologies by 51.7% during the third quarter. Retirement Wealth Solutions LLC now owns 217 shares of the company’s stock valued at $41,000 after purchasing an additional 74 shares in the last quarter. Finally, Dakota Community Bank & Trust NA boosted its stake in shares of Palantir Technologies by 219.1% during the third quarter. Dakota Community Bank & Trust NA now owns 217 shares of the company’s stock valued at $41,000 after purchasing an additional 149 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Jeffrey Buckley sold 2,055 shares of the 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 directly owned 58,171 shares in the company, valued at approximately $10,170,035.93. This represents a 3.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 Alexander C. Karp sold 492,348 shares of the firm’s 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 sale, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $1,124,294,375.82. This trade 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. In the last 90 days, insiders sold 560,390 shares of company stock valued at $97,909,177. 9.53% of the stock is owned by insiders.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Earnings are the key near-term catalyst. Investors expect another strong quarter after Palantir’s previous report showed 92.8% year-over-year revenue growth and an earnings beat. A further acceleration in revenue, strong demand for AIP and Ontology, or an upbeat outlook could support the stock and potentially strengthen the case for a move toward $300. Will Palantir Technologies Stock Hit $300 Before the End of 2026?
• Positive Sentiment: AI demand remains the central growth narrative. Articles highlight Palantir’s commercial AI expansion, including evidence that customers are measuring substantial productivity gains and potential opportunities in advertising and other industries outside its traditional government and enterprise markets. Palantir is taking its AI into an unexpected new business
• Positive Sentiment: Investor interest and sector positioning are favorable. Burke Wealth initiated a position, while Palantir is among software and cybersecurity names holding up as some semiconductor stocks decline. Analyst price targets cited by one report range from $231 to $250, above the referenced trading level. Burke Wealth Initiates a New Position in Palantir
• Neutral Sentiment: Short-interest data provides little signal. The latest report lists short interest at zero shares and a zero-day days-to-cover ratio, suggesting no measurable short-selling pressure, although the data conflicts with commentary that short interest increased.
• Negative Sentiment: Valuation leaves little room for disappointment. Palantir trades at roughly 122 times expected 2026 earnings, according to one report. Michael Burry reportedly remains short, framing the November 2 earnings release as a test of whether AI growth can justify the premium valuation. Michael Burry Is Shorting PLTR

Palantir Technologies Trading Up 1.1%

PLTR stock opened at $198.84 on Tuesday. The stock has a 50-day moving average price of $185.25 and a 200-day moving average price of $153.60. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $212.94. The firm has a market cap of $477.82 billion, a PE ratio of 169.95, a price-to-earnings-growth ratio of 3.46 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. 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 company earned $0.16 EPS. The firm’s revenue for the quarter was up 92.8% compared to the same quarter last year. On average, analysts forecast that Palantir Technologies Inc. will post 1.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Oppenheimer lowered shares of Palantir Technologies from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. Yorkville Ives started coverage on shares of Palantir Technologies in a report on Tuesday, October 6th. They set an “outperform” rating and a $250.00 target price on the stock. Rosenblatt Securities set a $260.00 price target on shares of Palantir Technologies in a research report on Tuesday. Roth Capital assumed coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They set a “buy” rating for the company. Finally, President Capital upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $25.50 to $133.00 in a report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $205.55.

Palantir Technologies Company Profile

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.