Palantir Technologies Inc. $PLTR Stock Purchased by Cyndeo Wealth Partners LLC

17 Oct 2026, 04:17 by Renee Jackson · The Cerbat Gem

Cyndeo Wealth Partners LLC boosted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 11.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 90,932 shares of the company’s stock after purchasing an additional 9,166 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in Palantir Technologies were worth $17,009,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of PLTR. BlackRock Inc. lifted its position in Palantir Technologies by 0.4% in the 2nd quarter. BlackRock Inc. now owns 189,817,693 shares of the company’s stock valued at $22,146,030,000 after acquiring an additional 757,322 shares in the last quarter. State Street Corp boosted its position in Palantir Technologies by 2.8% in the second quarter. State Street Corp now owns 104,490,468 shares of the company’s stock worth $12,190,903,000 after purchasing an additional 2,863,874 shares during the last quarter. Invesco Ltd. grew its position in shares of Palantir Technologies by 2.8% during the 4th quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock valued at $3,984,281,000 after acquiring an additional 616,297 shares during the period. Bank of America Corp DE increased its position in Palantir Technologies by 1.0% in the second quarter. Bank of America Corp DE now owns 19,020,265 shares of the company’s stock worth $2,219,094,000 after buying an additional 180,486 shares in the last quarter. Finally, Amundi increased its holdings in Palantir Technologies by 7.4% in the 2nd quarter. Amundi now owns 17,623,053 shares of the company’s stock worth $2,056,082,000 after acquiring an additional 1,212,653 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Palantir Technologies

In other news, insider Jeffrey Buckley sold 2,055 shares of Palantir Technologies stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $174.83, for a total transaction of $359,275.65. Following the completion of the sale, the insider owned 58,171 shares of the company’s stock, valued at approximately $10,170,035.93. The trade was a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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, Director Lauren Friedman Stat sold 5,026 shares of Palantir Technologies stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $199.00, for a total transaction of $1,000,174.00. Following the sale, the director directly owned 46,402 shares of the company’s stock, valued at $9,233,998. This represents a 9.77% 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. In the last quarter, insiders sold 560,390 shares of company stock valued at $97,909,177. 9.53% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

PLTR has been the subject of a number of research reports. Raymond James Financial upgraded Palantir Technologies from a “hold” rating to a “moderate buy” rating in a research report on Thursday, October 8th. UBS Group boosted their price target on shares of Palantir Technologies from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Tuesday, September 15th. Oppenheimer downgraded shares of Palantir Technologies from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 4th. Mizuho increased their price objective on shares of Palantir Technologies from $215.00 to $245.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Citigroup cut shares of Palantir Technologies from a “buy” rating to a “market perform” rating in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $201.61.

Check Out Our Latest Analysis on Palantir Technologies

Palantir Technologies News Roundup

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

Positive Sentiment: Palantir and Ondas launched Regna AI, a venture focused on sovereign-AI solutions for defense and enterprise missions. The initiative could expand Palantir’s opportunities in autonomous systems, surveillance and other mission-critical applications. Regna AI launch
Positive Sentiment: Palantir expanded its commercial reach through a collaboration with Customers Bank, which will deploy the Foundry and AIP platforms to automate commercial-client onboarding. The agreement supports the company’s strategy of diversifying beyond government and defense customers. Customers Bank collaboration
Neutral Sentiment: Analyst sentiment remains broadly constructive, including Goldman Sachs’ upgrade to Buy and recent targets above the current trading range. However, coverage also emphasizes that expectations are high ahead of Palantir’s November 2 third-quarter earnings report. Analyst views ahead of earnings
Negative Sentiment: Broader technology and AI stocks sold off as investors questioned how the industry will finance its large-scale AI buildout and which companies will ultimately generate sufficient returns. Palantir was pulled lower along with other enterprise-software shares. Enterprise software selloff
Negative Sentiment: Valuation concerns are intensifying after the rally. Commentary highlights a price-to-earnings multiple near 170 times, leaving limited room for slower growth, weaker guidance or an earnings reaction that falls short of elevated expectations. Palantir valuation analysis
Negative Sentiment: Insider-sale disclosures added to selling pressure. Recent filings show sales by directors and other executives, including transactions made under prearranged Rule 10b5-1 plans; these do not necessarily signal deteriorating fundamentals but can weigh on sentiment and increase available supply. Palantir insider sales

Palantir Technologies Stock Down 7.2%

PLTR opened at $186.03 on Friday. The stock has a market cap of $447.04 billion, a P/E ratio of 159.00, a PEG ratio of 3.53 and a beta of 1.60. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $212.94. The business has a fifty day moving average of $182.61 and a 200 day moving average of $152.00.

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. Equities analysts anticipate that Palantir Technologies Inc. will post 1.31 EPS for the current fiscal year.

About Palantir Technologies

(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.