TSG Advice Partners LLC Buys 3,265 Shares of Palantir Technologies Inc. $PLTR

TSG Advice Partners LLC purchased a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,265 shares of the company’s stock, valued at approximately $611,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Artesa Financial Group LLC bought a new stake in Palantir Technologies during the 3rd quarter worth approximately $313,000. Welch Group LLC lifted its stake in Palantir Technologies by 2.5% in the third quarter. Welch Group LLC now owns 11,731 shares of the company’s stock valued at $2,194,000 after buying an additional 290 shares in the last quarter. Trek Financial LLC lifted its stake in Palantir Technologies by 7.7% in the third quarter. Trek Financial LLC now owns 6,573 shares of the company’s stock valued at $1,229,000 after buying an additional 471 shares in the last quarter. True Freedom Investing LLC lifted its stake in Palantir Technologies by 4.7% in the third quarter. True Freedom Investing LLC now owns 12,664 shares of the company’s stock valued at $2,369,000 after buying an additional 567 shares in the last quarter. Finally, Pinnacle Financial Group LLC IL boosted its holdings in shares of Palantir Technologies by 2.6% in the third quarter. Pinnacle Financial Group LLC IL now owns 2,248 shares of the company’s stock valued at $420,000 after buying an additional 56 shares during the period. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies Stock Down 3.1%

NASDAQ:PLTR opened at $178.34 on Tuesday. The company has a market cap of $428.56 billion, a P/E ratio of 152.43, a price-to-earnings-growth ratio of 3.51 and a beta of 1.60. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $212.94. The business has a 50 day moving average price of $186.87 and a two-hundred day moving average price of $153.90.

Palantir Technologies (NASDAQ:PLTR) last posted 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 company had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.18 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The firm’s revenue was up 95.9% compared to the same quarter last year. During the same period last year, the company earned $0.21 earnings per share. As a group, analysts anticipate that Palantir Technologies Inc. will post 1.29 earnings per share for the current fiscal year.

Key Palantir Technologies News

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

• Positive Sentiment: Q3 results exceeded expectations. Palantir reported adjusted earnings of $0.44 per share versus the $0.41 consensus estimate, while revenue reached approximately $2.313 billion, well above expectations of $2.18 billion and up about 96% year over year. Palantir tops third-quarter revenue estimates on strong AI software demand
• Positive Sentiment: Commercial growth is accelerating. U.S. commercial revenue increased roughly 148% year over year and surpassed U.S. government revenue for the first time, indicating that Palantir’s customer expansion and increased spending by existing clients are broadening its growth base. Palantir reports booming U.S. commercial revenue growth
• Positive Sentiment: Management raised its outlook. Palantir lifted its full-year 2026 revenue-growth forecast to 91% and increased its U.S. commercial revenue-growth outlook to 143%, reinforcing the bullish AI software demand narrative. Palantir Q3 2026 results and guidance
• Neutral Sentiment: Analyst opinion remains mixed. Cantor Fitzgerald raised its price target to $207 but retained a “neutral” rating, while JPMorgan initiated coverage with an “overweight” rating and a $262 target. These targets provide support, but also highlight the stock’s dependence on continued exceptional execution.
• Negative Sentiment: Valuation and growth durability are the main concerns. With Palantir trading at well over 100 times earnings, some analysts argue that much of the expected growth is already priced in. Articles also flagged a slowdown in new deals and questioned whether the company is replenishing its growth pipeline quickly enough. Those concerns likely explain the negative reaction despite the earnings and guidance beats. Palantir impressive numbers but something is missing

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Northland Securities set a $200.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $225.00 price objective on shares of Palantir Technologies in a research report on Monday, October 26th. Robert W. Baird set a $250.00 target price on shares of Palantir Technologies in a research note on Monday, October 12th. Benchmark reaffirmed a “hold” rating on shares of Palantir Technologies in a research note on Tuesday, August 4th. Finally, Piper Sandler increased their target price on Palantir Technologies from $230.00 to $231.00 and gave the stock an “overweight” rating in a report on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.23.

Insiders Place Their Bets

In related news, insider Jeffrey Buckley sold 2,055 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $174.83, for a total value of $359,275.65. Following the completion of the transaction, the insider owned 58,171 shares of the company’s stock, valued at approximately $10,170,035.93. This trade represents a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 Alexander Karp sold 492,348 shares of Palantir Technologies stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the completion of the sale, the insider owned 6,432,258 shares in the company, valued at $1,124,294,375.82. The trade was a 7.11% 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. Insiders have sold 560,390 shares of company stock valued at $97,909,177 in the last quarter. Company insiders own 9.53% of the company’s stock.

Palantir Technologies 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.