3,660 Shares in Palantir Technologies Inc. $PLTR Acquired by Spartan Planning & Wealth Management

Spartan Planning & Wealth Management acquired a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,660 shares of the company’s stock, valued at approximately $685,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PLTR. Jennison Associates LLC purchased a new stake in Palantir Technologies in the first quarter worth approximately $1,574,111,000. Arrowstreet Capital Limited Partnership grew its position in Palantir Technologies by 277.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company’s stock worth $1,528,143,000 after purchasing an additional 7,678,747 shares during the period. Corient Private Wealth LLC raised its stake in Palantir Technologies by 1,449.7% during the 4th quarter. Corient Private Wealth LLC now owns 5,272,601 shares of the company’s stock valued at $937,205,000 after buying an additional 4,932,364 shares during the last quarter. Bank of America Corp DE raised its stake in Palantir Technologies by 28.7% during the 1st quarter. Bank of America Corp DE now owns 18,839,779 shares of the company’s stock valued at $2,755,883,000 after buying an additional 4,201,852 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in shares of Palantir Technologies by 795.6% during the 1st quarter. Janus Henderson Group PLC now owns 3,323,141 shares of the company’s stock valued at $480,247,000 after buying an additional 2,952,079 shares during the period. Institutional investors own 45.65% of the company’s stock.

Insider Buying and Selling

In other news, insider Alexander C. Karp sold 492,348 shares of Palantir Technologies stock in a transaction dated 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 of the company’s stock, valued at $1,124,294,375.82. The trade was a 7.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 Jeffrey Buckley sold 1,250 shares of Palantir Technologies stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $174.29, for a total value of $217,862.50. Following the transaction, the insider directly owned 56,921 shares in the company, valued at approximately $9,920,761.09. The trade was a 2.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 three months, insiders have sold 536,364 shares of company stock worth $93,083,303. Corporate insiders own 9.53% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on PLTR. Weiss Ratings upgraded Palantir Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday. Rosenblatt Securities reaffirmed a “buy” rating and issued a $225.00 price objective on shares of Palantir Technologies in a report on Wednesday, September 23rd. Cantor Fitzgerald started coverage on Palantir Technologies in a research report on Tuesday, August 4th. They set an “overweight” rating for the company. Wolfe Research initiated coverage on Palantir Technologies in a report on Tuesday, August 4th. They issued a “buy” rating on the stock. Finally, The Goldman Sachs Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $230.00 target price on the stock in a report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Palantir Technologies has an average rating of “Moderate Buy” and a consensus target price of $200.54.

Palantir Technologies News Roundup

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

• Positive Sentiment: Palantir’s bullish investment case remains centered on accelerating operating performance. Management raised fiscal 2026 revenue guidance, while the company’s latest reported quarter showed revenue growth of 92.8% year over year and earnings above analysts’ expectations. Several recent analyses argue that consensus estimates may still underestimate the company’s growth potential. Palantir guidance and stock momentum
• Positive Sentiment: The launch of Regna AI with Ondas expands Palantir’s sovereign-defense strategy. The new company will develop specialized AI models for military and mission-critical applications involving drones, surveillance systems, ground vehicles and unmanned vessels, potentially creating additional government and institutional demand. Regna AI announcement
• Positive Sentiment: Investor sentiment has improved sharply following Palantir’s recent rally. Articles point to continued AI adoption, possible expansion in commercial and government markets, and rising analyst earnings estimates; some bullish forecasts see further upside despite the stock trading above many published price targets. Analyst sentiment and valuation

Palantir Technologies Price Performance

Shares of NASDAQ:PLTR traded down $0.33 during midday trading on Tuesday, hitting $208.67. The company had a trading volume of 18,467,959 shares, compared to its average volume of 42,592,074. The company has a market cap of $501.45 billion, a price-to-earnings ratio of 178.35, a PEG ratio of 2.87 and a beta of 1.60. Palantir Technologies Inc. has a 12-month low of $106.37 and a 12-month high of $212.94. The company has a fifty day moving average of $179.67 and a two-hundred day moving average of $150.60.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The company had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. Palantir Technologies’s revenue for the quarter was up 92.8% compared to the same quarter last year. During the same period last year, the firm earned $0.16 EPS. Research analysts expect that Palantir Technologies Inc. will post 1.31 earnings per share for the current fiscal year.

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.