5,171 Palantir Technologies Inc. $PLTR Shares Purchased by CoreCap Advisors LLC

CoreCap Advisors LLC grew its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 14.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 41,238 shares of the company’s stock after purchasing an additional 5,171 shares during the period. CoreCap Advisors LLC’s holdings in Palantir Technologies were worth $7,714,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Aletheian Wealth Advisors LLC grew its holdings in shares of Palantir Technologies by 47.8% during the 3rd quarter. Aletheian Wealth Advisors LLC now owns 3,430 shares of the company’s stock valued at $642,000 after purchasing an additional 1,110 shares during the last quarter. YHB Investment Advisors Inc. increased its position in Palantir Technologies by 1.1% during the 3rd quarter. YHB Investment Advisors Inc. now owns 12,254 shares of the company’s stock worth $2,292,000 after purchasing an additional 137 shares in the last quarter. Titleist Asset Management LLC lifted its stake in Palantir Technologies by 1.7% in the 3rd quarter. Titleist Asset Management LLC now owns 90,173 shares of the company’s stock valued at $16,867,000 after purchasing an additional 1,544 shares during the last quarter. Everhart Financial Group Inc. lifted its stake in Palantir Technologies by 17.6% in the 3rd quarter. Everhart Financial Group Inc. now owns 27,466 shares of the company’s stock valued at $5,138,000 after purchasing an additional 4,108 shares during the last quarter. Finally, Gradient Investments LLC boosted its position in Palantir Technologies by 1,093.9% in the third quarter. Gradient Investments LLC now owns 37,466 shares of the company’s stock valued at $7,008,000 after buying an additional 34,328 shares in the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

Key Palantir Technologies News

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

• Positive Sentiment: Goldman Sachs upgraded Palantir to Buy from Neutral and set a $230 price target. Analyst Gabriela Borges said demand for sovereign AI, bespoke software and specialized industry applications could significantly expand Palantir’s addressable market. Goldman Sachs upgrades Palantir to Buy with $230 target
• Positive Sentiment: The upgrade reinforces the view that Palantir’s AI opportunity extends beyond its existing government and commercial software businesses. Coverage highlighted sovereign AI—countries and organizations controlling their own infrastructure, data and models—as a potential new growth market. Palantir gets Goldman Sachs upgrade as sovereign AI opens a new market
• Positive Sentiment: Reports on Palantir’s Maven expansion and its partnership-oriented sovereign-AI strategy suggest the company is seeking to broaden deployments across defense and other strategic customers. Investors view this as evidence that its platforms may scale into larger, mission-critical contracts. What does Palantir Maven expansion mean for AI growth?
• Positive Sentiment: Other bullish commentary, including Dan Ives’ selection of Palantir as a top AI stock, is adding momentum to the narrative that enterprise and government AI spending remains in its early stages. Dan Ives names Palantir a top AI pick
• Neutral Sentiment: The bullish thesis comes with a demanding valuation: Palantir trades at roughly 170 times earnings based on the provided background data. Investors will likely require continued exceptional revenue growth and contract momentum to justify the premium multiple.
• Negative Sentiment: Zacks Research lowered its rating from Strong Buy to Hold, providing a counterpoint to Goldman’s upgrade. Palantir rating lowered to Hold by Zacks
• Negative Sentiment: Recent reporting also points to substantial insider selling, with executives selling shares but making no reported open-market purchases over the past six months. Separately, Michael Burry has reportedly used longer-dated put options against Palantir, reflecting concerns about AI-sector valuations and a potential slowdown.

Insider Buying and Selling

In other Palantir Technologies news, Director Lauren Friedman Stat sold 3,032 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $165.00, for a total transaction of $500,280.00. Following the completion of the sale, the director owned 54,107 shares of the company’s stock, valued at approximately $8,927,655. This represents a 5.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 35,000 shares of the stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the sale, the insider directly owned 642,786 shares of the company’s stock, valued at $100,081,780.20. This represents a 5.16% 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. Insiders sold 536,364 shares of company stock valued at $93,083,303 in the last ninety days. Insiders own 9.53% of the company’s stock.

Palantir Technologies Stock Performance

Shares of NASDAQ:PLTR traded up $4.66 during mid-day trading on Thursday, reaching $198.78. 41,797,813 shares of the company’s stock were exchanged, compared to its average volume of 42,837,207. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The firm has a market capitalization of $477.68 billion, a price-to-earnings ratio of 169.90, a PEG ratio of 2.70 and a beta of 1.60. The business’s fifty day moving average price is $174.75 and its 200-day moving average price is $149.54.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The business had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.Palantir Technologies’s quarterly revenue was up 92.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.16 earnings per share. Analysts predict that Palantir Technologies Inc. will post 1.28 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on PLTR shares. DA Davidson upped their price target on shares of Palantir Technologies from $200.00 to $250.00 and gave the stock a “buy” rating in a report on Friday, September 11th. Barclays initiated coverage on Palantir Technologies in a report on Thursday. They set an “overweight” rating and a $265.00 price objective on the stock. President Capital upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $25.50 to $133.00 in a research report on Monday, June 29th. Wolfe Research started coverage on Palantir Technologies in a report on Tuesday, August 4th. They issued a “buy” rating for the company. Finally, Wedbush began coverage on Palantir Technologies in a research report on Tuesday, June 16th. They issued an “outperform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $198.75.

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.