N10 Assets LLC Acquires New Stake in Palantir Technologies Inc. $PLTR

Posted by Stanley Muller on Aug 28th, 2026

N10 Assets LLC bought a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 60,123 shares of the company’s stock, valued at approximately $7,015,000. Palantir Technologies makes up approximately 3.0% of N10 Assets LLC’s investment portfolio, making the stock its 14th largest position.

Other large investors have also recently added to or reduced their stakes in the company. Basepoint Wealth LLC acquired a new position in shares of Palantir Technologies during the fourth quarter worth about $29,000. Ballast Advisors LLC bought a new position in shares of Palantir Technologies during the first quarter worth about $29,000. Cornerstone Financial Management LLC acquired a new stake in Palantir Technologies in the 4th quarter valued at approximately $31,000. Whipplewood Advisors LLC acquired a new stake in Palantir Technologies in the 1st quarter valued at approximately $32,000. Finally, Prudent Man Investment Management Inc. bought a new stake in Palantir Technologies in the 4th quarter valued at approximately $35,000. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies Stock Up 4.7%

NASDAQ:PLTR opened at $185.93 on Friday. The firm has a market capitalization of $446.80 billion, a price-to-earnings ratio of 158.91, a price-to-earnings-growth ratio of 2.51 and a beta of 1.59. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The stock’s 50 day moving average price is $142.60 and its two-hundred day moving average price is $141.74.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.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 prior year, the firm posted $0.16 EPS. The firm’s revenue for the quarter was up 92.8% compared to the same quarter last year. As a group, analysts anticipate that Palantir Technologies Inc. will post 1.27 earnings per share for the current year.

Palantir Technologies News Summary

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

Positive Sentiment: Maven is emerging as a major growth catalyst. Palantir’s Maven Smart System is reportedly approaching a $1 billion annual revenue run rate, supported by a $244 million Pentagon funding increase through March 2027. Its designation as a program of record could provide access to as much as $2.3 billion in funding over five years. Palantir’s Pentagon AI Business Is Closing In on $1 Billion a Year
Positive Sentiment: Operating metrics remain unusually strong. A report highlighted Palantir’s 155% second-quarter fiscal 2026 Rule of 40 score—revenue growth plus adjusted operating margin—far above the 40% benchmark commonly used for healthy software companies. This reinforces the bullish case for buying on pullbacks. This 1 Number Proves Why You Should Buy Palantir on Every Dip
Positive Sentiment: Recent earnings and guidance upgrades continue to support sentiment. Palantir reported better-than-expected quarterly results, raised full-year revenue guidance and continues to benefit from expansion across its government and commercial platforms. How Pentagon Maven Deal And Raised Guidance Changed Palantir’s Investment Story
Positive Sentiment: Analyst support is adding momentum. William Blair maintained a Buy rating, citing Maven’s path toward $1 billion in annual recurring revenue and favorable defense-spending trends. Palantir Earns Buy Rating as Maven Nears Billion-Dollar Status
Neutral Sentiment: Analysts remain divided. While some see further upside from AI and defense demand, others question whether the stock’s recent rally is fully supported by new information, since many contracts and growth trends were already public. Analysts Conflicted on Palantir and Intuit
Negative Sentiment: Insider selling remains a risk. CEO Alexander Karp sold nearly $86 million of shares, while co-founder Peter Thiel has reduced his stake over time. These sales may pressure sentiment even though Thiel remains a major shareholder. Palantir CEO Alexander Karp Sells $86 Million in Stock
Negative Sentiment: Valuation leaves little room for disappointment. Commentators note that Palantir trades at demanding earnings and sales multiples; investor Michael Burry has reportedly added to a PLTR short position. Michael Burry Adds to Palantir Short Position

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PLTR. Oppenheimer downgraded Palantir Technologies from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 4th. Citigroup lowered shares of Palantir Technologies from a “buy” rating to a “market perform” rating in a research report on Tuesday, August 4th. The Goldman Sachs Group restated a “neutral” rating and set a $204.00 target price on shares of Palantir Technologies in a report on Tuesday, August 4th. Wolfe Research initiated coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They issued a “buy” rating for the company. Finally, William Blair reiterated an “outperform” rating on shares of Palantir Technologies in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Palantir Technologies has a consensus rating of “Moderate Buy” and an average price target of $192.19.

Get Our Latest Stock Report on PLTR

Insider Activity

In other news, insider Alexander C. Karp sold 492,348 shares of Palantir Technologies stock in a transaction dated 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 completion of the transaction, the insider owned 6,432,258 shares of the company’s stock, valued at $1,124,294,375.82. This trade represents a 7.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at 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 Elaina Friedman Stat sold 3,032 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $165.00, for a total transaction of $500,280.00. Following the transaction, the director owned 54,107 shares in the company, valued at $8,927,655. This represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 721,764 shares of company stock worth $117,080,858. 9.53% of the stock is owned by insiders.

Palantir Technologies Profile

(Free Report)

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.