19,670 Palantir Technologies Inc. $PLTR Shares Purchased by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP increased its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 170.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,224 shares of the company’s stock after acquiring an additional 19,670 shares during the quarter. Fulcrum Asset Management LLP’s holdings in Palantir Technologies were worth $5,838,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. BlackRock Inc. increased its holdings in Palantir Technologies by 0.4% during the 2nd quarter. BlackRock Inc. now owns 189,817,693 shares of the company’s stock worth $22,146,030,000 after acquiring an additional 757,322 shares during the period. State Street Corp boosted its holdings in Palantir Technologies by 2.8% in the 2nd quarter. State Street Corp now owns 104,490,468 shares of the company’s stock valued at $12,190,903,000 after purchasing an additional 2,863,874 shares during the period. Bank of America Corp DE boosted its holdings in Palantir Technologies by 28.7% in 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 purchasing an additional 4,201,852 shares during the period. Amundi grew its position in shares of Palantir Technologies by 2.5% during the 1st quarter. Amundi now owns 16,410,400 shares of the company’s stock valued at $2,400,513,000 after purchasing an additional 398,093 shares in the last quarter. Finally, Jennison Associates LLC purchased a new position in shares of Palantir Technologies during the 1st quarter valued at $1,574,111,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Trending Headlines about Palantir Technologies

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

Insider Activity

In other news, insider Ryan Taylor sold 18,000 shares of Palantir Technologies stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $201.15, for a total transaction of $3,620,700.00. Following the completion of the sale, the insider directly owned 274,667 shares of the company’s stock, valued at approximately $55,249,267.05. The trade was a 6.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander Karp sold 492,348 shares of Palantir Technologies stock in a transaction 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 $1,124,294,375.82. This represents a 7.11% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 523,716 shares of company stock worth $92,212,379. Corporate insiders own 9.53% of the company’s stock.

Palantir Technologies Price Performance

Shares of PLTR opened at $160.38 on Monday. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $212.94. The company has a market capitalization of $385.40 billion, a P/E ratio of 112.15, a P/E/G ratio of 3.24 and a beta of 1.65. The firm’s 50 day simple moving average is $185.88 and its 200 day simple moving average is $153.74.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, November 2nd. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. Palantir Technologies had a net margin of 50.34% and a return on equity of 30.49%. The business had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.18 billion. During the same quarter in the previous year, the company earned $0.21 EPS. The business’s quarterly revenue was up 95.9% compared to the same quarter last year. On average, equities analysts anticipate that Palantir Technologies Inc. will post 1.36 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Weiss Ratings raised shares of Palantir Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. DA Davidson reiterated a “buy” rating and issued a $250.00 price objective on shares of Palantir Technologies in a research report on Tuesday, November 3rd. Wolfe Research assumed coverage on Palantir Technologies in a research note on Tuesday, August 4th. They set a “buy” rating for the company. UBS Group restated a “buy” rating on shares of Palantir Technologies in a research report on Tuesday, November 3rd. Finally, Mizuho upped their target price on Palantir Technologies from $215.00 to $245.00 and gave the stock an “outperform” rating in a research note on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Palantir Technologies presently has an average rating of “Moderate Buy” and an average target price of $214.53.

Palantir Technologies 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.