Palantir Technologies Inc. $PLTR Stock Acquired by N10 Wealth LLC

N10 Wealth LLC grew its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 19.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 72,570 shares of the company’s stock after acquiring an additional 11,656 shares during the quarter. Palantir Technologies accounts for approximately 3.8% of N10 Wealth LLC’s investment portfolio, making the stock its 11th biggest position. N10 Wealth LLC’s holdings in Palantir Technologies were worth $13,574,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in PLTR. Monetary Solutions Ltd bought a new position in shares of Palantir Technologies in the fourth quarter worth $36,000. Reflection Asset Management acquired a new position in shares of Palantir Technologies in the 4th quarter valued at approximately $35,000. Ballast Advisors LLC acquired a new position in shares of Palantir Technologies in the 1st quarter valued at approximately $29,000. Retirement Wealth Solutions LLC raised its position in shares of Palantir Technologies by 51.7% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 217 shares of the company’s stock valued at $41,000 after buying an additional 74 shares in the last quarter. Finally, Dakota Community Bank & Trust NA lifted its holdings in shares of Palantir Technologies by 219.1% during the 3rd quarter. Dakota Community Bank & Trust NA now owns 217 shares of the company’s stock worth $41,000 after acquiring an additional 149 shares during the period. 45.65% of the stock is owned by institutional investors.

Palantir Technologies Stock Down 3.1%

Palantir Technologies stock traded down $6.54 during trading hours on Wednesday, hitting $202.13. The stock had a trading volume of 12,401,309 shares, compared to its average volume of 42,435,695. The business’s 50 day simple moving average is $180.59 and its 200-day simple moving average is $150.98. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $212.94. The stock has a market cap of $485.73 billion, a price-to-earnings ratio of 172.66, a P/E/G ratio of 2.87 and a beta of 1.60.

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

Insider Transactions at Palantir Technologies

In related news, insider Alexander C. Karp sold 492,348 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $174.79, for a total value of $86,057,506.92. Following the sale, 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 sale 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 Shyam Sankar sold 35,000 shares of the stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $155.70, for a total value of $5,449,500.00. Following the completion of the sale, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $100,081,780.20. The trade was a 5.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 559,390 shares of company stock worth $97,704,177. 9.53% of the stock is currently owned by insiders.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Palantir’s partnership with Ondas to launch Regna AI strengthens its sovereign-defense strategy. The venture will develop specialized AI models for drones, surveillance systems, ground vehicles and unmanned vessels, potentially creating a new source of government and defense demand. Regna AI and Palantir article
• Positive Sentiment: Recent operating results remain a major support for the stock. Palantir’s latest quarter produced revenue of $1.94 billion, up 92.8% year over year, while earnings exceeded consensus estimates. Bullish analysts argue that accelerating AI adoption and raised fiscal 2026 guidance could justify further growth. Palantir AI opportunity article
• Neutral Sentiment: The legal dispute involving London Mayor Sadiq Khan over a £50 million Metropolitan Police contract has been dropped, removing a source of controversy, although the development does not immediately add confirmed revenue. Palantir London police contract article
• Negative Sentiment: Valuation concerns are limiting enthusiasm. Palantir trades at roughly 173 times earnings, and its rapid appreciation has pushed expectations well above many published analyst price targets. Michael Burry’s reported short position and broader warning that AI stocks may be peaking are adding to caution. Michael Burry Palantir short article
• Negative Sentiment: Palantir has beaten estimates nine consecutive times, but that record creates a high bar for the November 2 report. Any slowdown in growth, weaker guidance or evidence that AI spending is not converting into profits could trigger a sharper pullback. Palantir earnings expectations article
• Negative Sentiment: Insiders disclosed sales, including a director’s $1.0 million transaction and an executive’s $3.6 million sale. Both were conducted under pre-arranged Rule 10b5-1 plans, reducing their predictive value, but they can still reinforce concerns about profit-taking near record levels. Palantir insider selling article

Wall Street Analyst Weigh In

Several research firms recently issued reports on PLTR. Benchmark reiterated a “hold” rating on shares of Palantir Technologies in a research report on Tuesday, August 4th. Barclays began coverage on Palantir Technologies in a research note on Friday, October 9th. They set an “overweight” rating and a $265.00 target price for the company. President Capital raised Palantir Technologies from a “neutral” rating to a “buy” rating and raised their target price for the company from $25.50 to $133.00 in a report on Monday, June 29th. DA Davidson lifted their price target on Palantir Technologies from $200.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, September 11th. Finally, Raymond James Financial upgraded Palantir Technologies from a “hold” rating to a “moderate buy” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $200.54.

About Palantir Technologies

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.