Palantir Technologies Inc. $PLTR Shares Acquired by Sloy Dahl & Holst LLC

Sloy Dahl & Holst LLC boosted its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 1.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 186,000 shares of the company’s stock after purchasing an additional 3,446 shares during the quarter. Palantir Technologies accounts for about 5.0% of Sloy Dahl & Holst LLC’s holdings, making the stock its 4th largest holding. Sloy Dahl & Holst LLC’s holdings in Palantir Technologies were worth $34,791,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of PLTR. Ballast Advisors LLC purchased a new position in shares of Palantir Technologies during the 1st quarter valued at $29,000. Whipplewood Advisors LLC bought a new position in shares of Palantir Technologies in the first quarter worth $32,000. Reflection Asset Management bought a new position in shares of Palantir Technologies in the fourth quarter worth $35,000. C M Bidwell & Associates Ltd. bought a new position in shares of Palantir Technologies in the second quarter worth $35,000. Finally, Monetary Solutions Ltd purchased a new stake in shares of Palantir Technologies in the fourth quarter worth $36,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Palantir Technologies Price Performance

PLTR stock opened at $200.97 on Thursday. 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 $482.94 billion, a PE ratio of 171.77, a P/E/G ratio of 2.87 and a beta of 1.60. The firm has a 50 day simple moving average of $181.44 and a two-hundred day simple moving average of $151.35.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The firm had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The business’s revenue for the quarter was up 92.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.16 EPS. On average, research analysts expect that Palantir Technologies Inc. will post 1.31 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently issued reports on PLTR. Phillip Securities lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 target price for the company in a research report on Tuesday, August 4th. Jefferies Financial Group restated an “underperform” rating and issued a $80.00 target price on shares of Palantir Technologies in a research note on Tuesday, August 4th. Royal Bank Of Canada reaffirmed an “underperform” rating and issued a $90.00 price target on shares of Palantir Technologies in a report on Friday, July 31st. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $230.00 price target on shares of Palantir Technologies in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Palantir Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $200.54.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Goldman Sachs upgraded Palantir Technologies from Neutral to Buy, adding to a series of increasingly favorable analyst actions and reinforcing confidence in the company’s AI-driven growth outlook. Goldman Sachs upgrade
• Positive Sentiment: Palantir’s Artificial Intelligence Platform (AIP) continues to drive strong U.S. commercial demand, with rising revenue and contract values supporting the view that enterprise AI adoption could fuel further growth. The company’s latest quarter featured 92.8% year-over-year revenue growth and earnings that exceeded estimates. AIP commercial growth
• Positive Sentiment: The Regna AI venture with Ondas could broaden Palantir’s sovereign-AI and defense opportunity. The partnership is aimed at military and mission-critical uses, including drones, surveillance systems and unmanned vehicles. Regna AI opportunity
• Neutral Sentiment: Palantir and London Mayor Sadiq Khan dropped their legal dispute over a proposed £50 million Metropolitan Police contract. Ending the litigation removes an uncertainty, although the reports do not indicate that the contract will proceed. London police contract dispute
• Negative Sentiment: Valuation concerns are weighing on the shares after a roughly 16% monthly advance. Commentators note that Palantir’s exceptional growth and profitability are already reflected in a very demanding valuation, leaving limited room for slower growth or disappointing guidance. Palantir valuation analysis
• Negative Sentiment: Investors are also positioning cautiously ahead of the company’s expected November 2 earnings report. Palantir has recorded nine consecutive earnings beats, but that streak and the recent rally have raised expectations and increased the risk of a sell-the-news reaction. Upcoming earnings expectations
• Negative Sentiment: Insider-selling reports added modest pressure to sentiment. Director Lauren Friedman Stat sold shares worth approximately $1.0 million, while another insider sold 18,000 shares for about $3.6 million; both transactions were made under pre-arranged Rule 10b5-1 plans. Palantir insider sales
• Negative Sentiment: Michael Burry’s bearish positioning in Palantir highlights broader concerns that AI enthusiasm may have pushed some technology stocks beyond reasonable cash-flow expectations. Michael Burry bearish view

Insider Buying and Selling

In related news, insider Jeffrey Buckley sold 2,055 shares of the company’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 directly owned 58,171 shares in the company, valued at approximately $10,170,035.93. The trade was a 3.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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, Director Lauren Friedman Stat sold 5,026 shares of the stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $199.00, for a total value of $1,000,174.00. Following the completion of the transaction, the director directly owned 46,402 shares in the company, valued at approximately $9,233,998. This represents a 9.77% 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 560,390 shares of company stock valued at $97,909,177 in the last three months. 9.53% of the stock is owned by corporate insiders.

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.