Palantir Technologies Inc. $PLTR Shares Sold by Strategy Asset Managers LLC

Posted by Brian Himes on Oct 15th, 2026

Strategy Asset Managers LLC lowered its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 56.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,690 shares of the company’s stock after selling 8,524 shares during the period. Strategy Asset Managers LLC’s holdings in Palantir Technologies were worth $1,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Monetary Solutions Ltd purchased a new position in Palantir Technologies during the fourth quarter valued at $36,000. Reflection Asset Management bought a new stake in Palantir Technologies in the 4th quarter valued at $35,000. Ballast Advisors LLC purchased a new stake in Palantir Technologies in the 1st quarter worth $29,000. Retirement Wealth Solutions LLC lifted its stake in Palantir Technologies by 51.7% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 217 shares of the company’s stock worth $41,000 after purchasing an additional 74 shares in the last quarter. Finally, Dakota Community Bank & Trust NA lifted its stake in Palantir Technologies by 219.1% in the 3rd quarter. Dakota Community Bank & Trust NA now owns 217 shares of the company’s stock worth $41,000 after purchasing an additional 149 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Transactions at Palantir Technologies

In related 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 sale, the director owned 46,402 shares in the company, valued at approximately $9,233,998. This represents a 9.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 2,055 shares of the firm’s 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 completion of the sale, the insider owned 58,171 shares of the company’s stock, valued at approximately $10,170,035.93. This represents a 3.41% decrease in their ownership of the stock. 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. In the last quarter, insiders have sold 560,390 shares of company stock worth $97,909,177. 9.53% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. The Goldman Sachs Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $230.00 price objective for the company in a report on Thursday, October 8th. William Blair reaffirmed an “outperform” rating on shares of Palantir Technologies in a report on Wednesday, August 26th. Northland Securities set a $200.00 target price on Palantir Technologies in a research report on Tuesday, August 4th. Piper Sandler reissued an “overweight” rating and set a $230.00 price target on shares of Palantir Technologies in a research note on Tuesday, August 4th. Finally, Wolfe Research began coverage on Palantir Technologies in a research note on Tuesday, August 4th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Palantir Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $200.54.

Get Our Latest Report on Palantir Technologies

Palantir Technologies Trading Down 3.7%

PLTR opened at $200.97 on Thursday. The stock has a 50-day moving average of $181.44 and a 200 day moving average of $151.35. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $212.94. The firm has a market cap of $482.94 billion, a P/E ratio of 171.77, a P/E/G ratio of 2.87 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the business posted $0.16 earnings per share. The company’s quarterly revenue was up 92.8% compared to the same quarter last year. On average, research analysts forecast that Palantir Technologies Inc. will post 1.31 earnings per share for the current fiscal year.

Key Stories Impacting Palantir Technologies

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

Positive Sentiment: Goldman Sachs upgraded Palantir Technologies from Neutral to Buy, adding to a series of increasingly favorable analyst actions and reinforcing confidence in the company’s AI-driven growth outlook. Goldman Sachs upgrade
Positive Sentiment: Palantir’s Artificial Intelligence Platform (AIP) continues to drive strong U.S. commercial demand, with rising revenue and contract values supporting the view that enterprise AI adoption could fuel further growth. The company’s latest quarter featured 92.8% year-over-year revenue growth and earnings that exceeded estimates. AIP commercial growth
Positive Sentiment: The Regna AI venture with Ondas could broaden Palantir’s sovereign-AI and defense opportunity. The partnership is aimed at military and mission-critical uses, including drones, surveillance systems and unmanned vehicles. Regna AI opportunity
Neutral Sentiment: Palantir and London Mayor Sadiq Khan dropped their legal dispute over a proposed £50 million Metropolitan Police contract. Ending the litigation removes an uncertainty, although the reports do not indicate that the contract will proceed. London police contract dispute
Negative Sentiment: Valuation concerns are weighing on the shares after a roughly 16% monthly advance. Commentators note that Palantir’s exceptional growth and profitability are already reflected in a very demanding valuation, leaving limited room for slower growth or disappointing guidance. Palantir valuation analysis
Negative Sentiment: Investors are also positioning cautiously ahead of the company’s expected November 2 earnings report. Palantir has recorded nine consecutive earnings beats, but that streak and the recent rally have raised expectations and increased the risk of a sell-the-news reaction. Upcoming earnings expectations
Negative Sentiment: Insider-selling reports added modest pressure to sentiment. Director Lauren Friedman Stat sold shares worth approximately $1.0 million, while another insider sold 18,000 shares for about $3.6 million; both transactions were made under pre-arranged Rule 10b5-1 plans. Palantir insider sales
Negative Sentiment: Michael Burry’s bearish positioning in Palantir highlights broader concerns that AI enthusiasm may have pushed some technology stocks beyond reasonable cash-flow expectations. Michael Burry bearish view

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.

The company serves government agencies, defense and intelligence organizations, and commercial businesses in industries such as manufacturing, healthcare, energy and financial services.