Palantir Technologies Inc. $PLTR Stock: Mather Group LLC. Boosts Holdings

Mather Group LLC. lifted its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 13.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,073 shares of the company’s stock after acquiring an additional 2,764 shares during the quarter. Mather Group LLC.’s holdings in Palantir Technologies were worth $4,316,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Guardian Wealth Advisors LLC NC raised its stake in shares of Palantir Technologies by 67.5% during the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 10,627 shares of the company’s stock worth $1,240,000 after buying an additional 4,283 shares in the last quarter. Independent Financial Group LLC grew its holdings in Palantir Technologies by 20.8% during the second quarter. Independent Financial Group LLC now owns 188,200 shares of the company’s stock worth $21,957,000 after acquiring an additional 32,427 shares during the period. World Equity Group Inc. grew its holdings in Palantir Technologies by 7.2% during the second quarter. World Equity Group Inc. now owns 43,627 shares of the company’s stock worth $5,090,000 after acquiring an additional 2,948 shares during the period. Sage Capital Advisors llc raised its position in Palantir Technologies by 63.5% in the second quarter. Sage Capital Advisors llc now owns 66,944 shares of the company’s stock worth $7,810,000 after acquiring an additional 25,995 shares in the last quarter. Finally, V. M. Manning & CO. Inc. purchased a new stake in shares of Palantir Technologies during the 2nd quarter worth $539,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on PLTR. Citigroup lowered shares of Palantir Technologies from a “buy” rating to a “market perform” rating in a research report on Tuesday, August 4th. Weiss Ratings raised Palantir Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. The Goldman Sachs Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $230.00 price target on the stock in a report on Thursday, October 8th. Wolfe Research initiated coverage on shares of Palantir Technologies in a report on Tuesday, August 4th. They issued a “buy” rating for the company. Finally, Cantor Fitzgerald began coverage on shares of Palantir Technologies in a report on Tuesday, August 4th. They set an “overweight” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Palantir Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $201.61.

Palantir Technologies News Roundup

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

• Positive Sentiment: Palantir agreed to deploy its Foundry and Artificial Intelligence Platform (AIP) with Customers Bank to automate commercial-client onboarding while preserving a high-touch banking experience. The deal expands Palantir’s commercial footprint into banking and supports the company’s broader strategy of converting AI demand into recurring enterprise contracts. Palantir Customers Bank collaboration
• Positive Sentiment: Surf Air Mobility signed its fifth OperatorOS contract, with Flying Zebra, for aviation software powered by Palantir. Although the agreement is with Surf Air rather than directly with Palantir, it provides another example of AIP-related technology gaining commercial adoption. Surf Air and Flying Zebra contract
• Positive Sentiment: Goldman Sachs upgraded Palantir to Buy from Neutral, while separate valuation research lifted its fair-value estimate to approximately $205.27 from $195.57. These actions reinforce optimism about Palantir’s AI execution, commercial growth and sovereign-AI opportunities. Palantir fair value estimate
• Neutral Sentiment: Palantir cofounder Peter Thiel and Chief Technology Officer Shyam Sankar made highly controversial comments criticizing AI regulation and AI-safety advocates. The remarks may appeal to some investors but could also increase reputational or regulatory concerns; they do not directly change Palantir’s financial outlook. Palantir CTO comments
• Negative Sentiment: Valuation remains the main overhang. With Palantir trading at roughly 171 times earnings and near its 12-month high, analysts warn that substantial future growth is already priced in, leaving limited room for weaker guidance or a slowdown in AI spending. Palantir valuation concerns
• Negative Sentiment: ARK Invest, managed by Cathie Wood, sold approximately $6.3 million of Palantir shares while reallocating capital to other AI companies. Recent Rule 10b5-1 sales by Palantir directors and executives add to the perception that some insiders are monetizing the rally. ARK Invest Palantir sale
• Negative Sentiment: Investors face a high expectations bar ahead of the expected November 2 earnings report. Palantir’s strong revenue growth and repeated earnings beats support the bullish case, but they also increase the risk of profit-taking if results or forecasts fail to exceed elevated expectations. Palantir earnings expectations

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Alexander Karp sold 492,348 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at approximately $1,124,294,375.82. This trade represents a 7.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 Palantir Technologies stock in a transaction that occurred on 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 sale, the insider directly owned 642,786 shares in the company, valued at approximately $100,081,780.20. This trade represents a 5.16% decrease in their position. 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. Insiders have sold 560,390 shares of company stock worth $97,909,177 in the last quarter. 9.53% of the stock is currently owned by corporate insiders.

Palantir Technologies Price Performance

Shares of PLTR opened at $200.50 on Friday. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $212.94. The stock has a fifty day moving average price of $182.33 and a 200 day moving average price of $151.76. The company has a market cap of $481.81 billion, a P/E ratio of 171.37, a PEG ratio of 3.54 and a beta of 1.60.

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

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.