Palantir Technologies Inc. $PLTR Stock: Succession Financial Inc. Boosts Stake

Succession Financial Inc. grew its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 133.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,815 shares of the company’s stock after purchasing an additional 2,749 shares during the quarter. Palantir Technologies comprises about 0.9% of Succession Financial Inc.’s portfolio, making the stock its 14th biggest holding. Succession Financial Inc.’s holdings in Palantir Technologies were worth $901,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Monetary Solutions Ltd acquired a new stake in shares of Palantir Technologies in the 4th quarter valued at approximately $36,000. Reflection Asset Management acquired a new position in Palantir Technologies during the fourth quarter worth $35,000. Ballast Advisors LLC acquired a new position in Palantir Technologies during the first quarter worth $29,000. Retirement Wealth Solutions LLC increased its holdings in Palantir Technologies by 51.7% during the third quarter. Retirement Wealth Solutions LLC now owns 217 shares of the company’s stock worth $41,000 after buying an additional 74 shares during the last quarter. Finally, Dakota Community Bank & Trust NA raised its position in Palantir Technologies by 219.1% during the third quarter. Dakota Community Bank & Trust NA now owns 217 shares of the company’s stock worth $41,000 after acquiring an additional 149 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, Director Lauren Friedman Stat sold 5,026 shares of the stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $199.00, for a total transaction of $1,000,174.00. Following the transaction, the director owned 46,402 shares in the company, valued at $9,233,998. This trade represents a 9.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 2,055 shares of Palantir Technologies stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $174.83, for a total value of $359,275.65. Following the sale, the insider directly owned 58,171 shares of the company’s stock, valued at $10,170,035.93. This represents a 3.41% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 559,390 shares of company stock worth $97,704,177. 9.53% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Royal Bank Of Canada reiterated an “underperform” rating and issued a $90.00 price target on shares of Palantir Technologies in a research note on Friday, July 31st. Barclays started coverage on shares of Palantir Technologies in a research note on Friday, October 9th. They set an “overweight” rating and a $265.00 price objective on the stock. DA Davidson boosted their price objective on shares of Palantir Technologies from $200.00 to $250.00 and gave the stock a “buy” rating in a research note on Friday, September 11th. Zacks Research downgraded shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 6th. Finally, Phillip Securities downgraded shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $200.54.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Palantir’s latest operating trends remain a major bullish factor. Revenue rose 92.8% year over year in the most recently reported quarter, earnings exceeded expectations, and management raised fiscal 2026 revenue guidance. Several analysts and investors argue that consensus estimates may still be too conservative. Palantir growth and guidance article
• Positive Sentiment: The company’s partnership with Ondas to launch Regna AI could broaden Palantir’s sovereign-defense opportunity. The standalone venture will develop specialized AI models for drones, surveillance systems, ground vehicles and other mission-critical platforms, potentially supporting future government demand. Regna AI announcement
• Neutral Sentiment: Palantir scheduled its third-quarter 2026 earnings release for November 2 after the market close. Investors will look for evidence that the company can sustain its rapid growth and justify its premium valuation. Palantir earnings announcement
• Neutral Sentiment: CTO Shyam Sankar’s criticism of AI safety advocates and comments about the Pentagon’s AI strategy reinforce Palantir’s defense-focused positioning, but the provocative tone could attract regulatory or reputational attention. Palantir CTO comments
• Negative Sentiment: Director Lauren Friedman Stat sold 5,026 shares for approximately $1.0 million, while insider Ryan Taylor sold 18,000 shares for about $3.6 million. Both transactions were conducted under pre-arranged Rule 10b5-1 plans, reducing their significance, but continued insider selling can weigh on sentiment. Palantir insider selling report
• Negative Sentiment: Phillip Securities downgraded Palantir to “hold,” while valuation analyses describe the shares as expensive, with a very high earnings multiple and the stock trading above the average published analyst target. This leaves the shares vulnerable to profit-taking if growth slows. Palantir rating downgrade

Palantir Technologies Trading Down 0.2%

Palantir Technologies stock opened at $208.67 on Wednesday. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $212.94. The stock’s 50 day moving average is $180.59 and its 200-day moving average is $150.98. The company has a market capitalization of $501.45 billion, a price-to-earnings ratio of 178.35, a PEG ratio of 2.87 and a beta of 1.60.

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

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.