Valeo Financial Advisors LLC Trims Stake in Palantir Technologies Inc. $PLTR

08 Oct 2026, 14:16 by Jessica Moore · The Cerbat Gem

Valeo Financial Advisors LLC decreased its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 11.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,708 shares of the company’s stock after selling 5,608 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Palantir Technologies were worth $7,801,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of PLTR. Veracity Capital LLC grew its position in Palantir Technologies by 19.4% in the third quarter. Veracity Capital LLC now owns 4,150 shares of the company’s stock worth $776,000 after acquiring an additional 673 shares in the last quarter. Vista Investment Partners LLC raised its position in Palantir Technologies by 1.3% during the third quarter. Vista Investment Partners LLC now owns 9,624 shares of the company’s stock valued at $1,800,000 after purchasing an additional 119 shares during the period. Plan A Wealth LLC raised its position in Palantir Technologies by 8.6% during the third quarter. Plan A Wealth LLC now owns 1,904 shares of the company’s stock valued at $356,000 after purchasing an additional 151 shares during the period. Tactive Advisors LLC lifted its stake in shares of Palantir Technologies by 4.9% in the 3rd quarter. Tactive Advisors LLC now owns 11,781 shares of the company’s stock valued at $2,204,000 after purchasing an additional 553 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. boosted its holdings in shares of Palantir Technologies by 62.3% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 11,115 shares of the company’s stock worth $2,079,000 after purchasing an additional 4,265 shares during the period. Institutional investors own 45.65% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. The Goldman Sachs Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $230.00 target price on the stock in a research report on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of Palantir Technologies in a research report on Friday, July 24th. Royal Bank Of Canada restated an “underperform” rating and issued a $90.00 target price on shares of Palantir Technologies in a report on Friday, July 31st. Zacks Research downgraded shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Finally, Roth Capital initiated coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $196.30.

Read Our Latest Research Report on Palantir Technologies

Key Headlines Impacting Palantir Technologies

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 cited a significant expansion in Palantir’s addressable market, driven by demand for sovereign AI, bespoke software applications and specialized industry solutions. Palantir shares rise over 3% after Goldman Sachs upgrade
Positive Sentiment: The upgrade suggests Palantir may be expanding beyond its traditional government and enterprise software markets. Goldman believes the company’s business model, customer relationships and AI deployment capabilities can help it maintain an advantage over competitors. Why a longtime skeptic of Palantir’s stock is finally saying it’s time to buy
Positive Sentiment: Additional bullish commentary from Dan Ives and other analysts highlighted sovereign AI, strong U.S. enterprise demand and a potentially large multiyear AI spending cycle. These calls strengthened investor confidence ahead of Palantir’s next quarterly report. What Is Going on With Palantir Tech Stock on Thursday?
Neutral Sentiment: Palantir’s valuation remains demanding, with a very high earnings multiple. Investors are also monitoring substantial insider selling, while institutional ownership activity has been mixed.
Negative Sentiment: Zacks Research separately lowered its rating from Strong Buy to Hold, providing a counterpoint to Goldman’s upgrade. Concerns about valuation, execution expectations and potential AI competition could limit further gains if growth momentum slows. Palantir Technologies Stock Dropped to Hold by Zacks Research

Palantir Technologies Stock Performance

PLTR stock traded up $1.80 during midday trading on Thursday, reaching $195.92. The company’s stock had a trading volume of 31,825,891 shares, compared to its average volume of 42,779,945. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year high of $207.52. The firm has a market capitalization of $470.81 billion, a price-to-earnings ratio of 167.95, a PEG ratio of 2.70 and a beta of 1.60. The stock has a fifty day simple moving average of $174.75 and a two-hundred day simple moving average of $149.54.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted 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 analysts’ expectations 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% on a year-over-year basis. During the same period in the prior year, the business posted $0.16 earnings per share. As a group, analysts forecast that Palantir Technologies Inc. will post 1.28 EPS for the current fiscal year.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Alexander C. Karp sold 492,348 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the transaction, the insider directly owned 6,432,258 shares in the company, valued at $1,124,294,375.82. This represents a 7.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 1,337 shares of the firm’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $189.95, for a total transaction of $253,963.15. Following the transaction, the director directly owned 51,428 shares in the company, valued at $9,768,748.60. This trade represents a 2.53% 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 have sold a total of 536,364 shares of company stock valued at $93,083,303 over the last 90 days. 9.53% of the stock is owned by corporate insiders.

Palantir Technologies Company Profile

(Free Report)

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.