Palantir Technologies Inc. $PLTR Stock Holdings Reduced by International Assets Investment Management LLC

International Assets Investment Management LLC lessened its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 3.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 152,651 shares of the company’s stock after selling 5,027 shares during the period. Palantir Technologies makes up about 0.5% of International Assets Investment Management LLC’s portfolio, making the stock its 12th biggest position. International Assets Investment Management LLC’s holdings in Palantir Technologies were worth $29,060,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new position in Palantir Technologies in the 3rd quarter worth $35,000. Cranbrook Wealth Management LLC grew its stake in Palantir Technologies by 40.7% during the 3rd quarter. Cranbrook Wealth Management LLC now owns 197 shares of the company’s stock valued at $37,000 after purchasing an additional 57 shares during the last quarter. Ballast Advisors LLC purchased a new stake in Palantir Technologies during the 1st quarter valued at about $29,000. Retirement Wealth Solutions LLC increased its holdings in shares of Palantir Technologies by 51.7% in 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 during the period. Finally, Dakota Community Bank & Trust NA increased its holdings in shares of Palantir Technologies by 219.1% in 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 during the period. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies Price Performance

PLTR stock traded up $5.39 during mid-day trading on Friday, reaching $160.38. 24,291,037 shares of the company’s stock were exchanged, compared to its average volume of 24,029,898. Palantir Technologies Inc. has a 12-month low of $106.37 and a 12-month high of $212.94. The stock’s 50 day moving average is $185.88 and its 200 day moving average is $153.74. The company has a market cap of $385.40 billion, a price-to-earnings ratio of 112.15, a price-to-earnings-growth ratio of 3.18 and a beta of 1.65.

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 the consensus estimate of $0.41 by $0.03. The business 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 50.34% and a return on equity of 32.87%. The company’s revenue was up 95.9% compared to the same quarter last year. During the same period last year, the firm posted $0.21 earnings per share. On average, research analysts forecast that Palantir Technologies Inc. will post 1.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

PLTR has been the subject of a number of research reports. Weiss Ratings raised Palantir Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. Zacks Research lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. KeyCorp reiterated a “sector weight” rating on shares of Palantir Technologies in a report on Wednesday. Royal Bank Of Canada raised their price target on shares of Palantir Technologies from $90.00 to $130.00 and gave the stock an “underperform” rating in a research report on Tuesday. Finally, Benchmark reissued a “hold” rating on shares of Palantir Technologies in a research report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Palantir Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $214.53.

Insider Buying and Selling

In other Palantir Technologies news, insider Jeffrey Buckley sold 1,250 shares of the business’s 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 $9,920,761.09. The trade was a 2.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available 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, insider Alexander C. Karp sold 492,348 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $174.79, for a total value of $86,057,506.92. Following the completion of the transaction, the insider 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 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 523,716 shares of company stock worth $92,212,379 in the last 90 days. Corporate insiders own 9.53% of the company’s stock.

Key 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

Palantir Technologies Company 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.