11,870 Shares in Palantir Technologies Inc. $PLTR Acquired by Surience Private Wealth LLC

Posted by Brian Himes on Oct 17th, 2026

Surience Private Wealth LLC acquired a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 11,870 shares of the company’s stock, valued at approximately $2,220,000. Palantir Technologies comprises approximately 2.3% of Surience Private Wealth LLC’s holdings, making the stock its 14th largest position.

Other institutional investors also recently modified their holdings of the company. Guardian Wealth Advisors LLC NC raised its position in Palantir Technologies by 67.5% in the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 10,627 shares of the company’s stock valued at $1,240,000 after buying an additional 4,283 shares during the last quarter. Independent Financial Group LLC lifted its stake in Palantir Technologies by 20.8% during the 2nd quarter. Independent Financial Group LLC now owns 188,200 shares of the company’s stock valued at $21,957,000 after acquiring an additional 32,427 shares in the last quarter. World Equity Group Inc. lifted its stake in Palantir Technologies by 7.2% during the 2nd quarter. World Equity Group Inc. now owns 43,627 shares of the company’s stock valued at $5,090,000 after acquiring an additional 2,948 shares in the last quarter. Sage Capital Advisors llc boosted its holdings in Palantir Technologies by 63.5% during the 2nd quarter. Sage Capital Advisors llc now owns 66,944 shares of the company’s stock worth $7,810,000 after acquiring an additional 25,995 shares during the last quarter. Finally, V. M. Manning & CO. Inc. purchased a new position in Palantir Technologies during the 2nd quarter worth $539,000. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies Stock Down 7.2%

Palantir Technologies stock traded down $14.47 during mid-day trading on Friday, reaching $186.03. 33,238,730 shares of the company’s stock were exchanged, compared to its average volume of 23,416,700. The business’s fifty day simple moving average is $182.61 and its 200 day simple moving average is $152.00. The firm has a market capitalization of $447.04 billion, a PE ratio of 159.00, a P/E/G ratio of 3.53 and a beta of 1.60. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $212.94.

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Barclays started coverage on shares of Palantir Technologies in a research note on Friday, October 9th. They issued an “overweight” rating and a $265.00 target price for the company. The Goldman Sachs Group raised shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $230.00 price target on the stock in a research report on Thursday, October 8th. Rosenblatt Securities restated a “buy” rating and set a $225.00 price target on shares of Palantir Technologies in a report on Wednesday, September 23rd. Weiss Ratings upgraded shares of Palantir Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. Finally, UBS Group upped their price objective 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. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $201.61.

Read Our Latest Stock Analysis on Palantir Technologies

Insider Activity at Palantir Technologies

In related news, Director Eric H. Woersching sold 1,000 shares of the stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $205.00, for a total transaction of $205,000.00. Following the completion of the transaction, the director owned 3,465 shares in the company, valued at approximately $710,325. This represents a 22.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 owned 6,432,258 shares of the company’s stock, valued at approximately $1,124,294,375.82. The trade was a 7.11% 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 ninety days, insiders sold 560,390 shares of company stock worth $97,909,177. 9.53% of the stock is owned by company insiders.

More Palantir Technologies News

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 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.

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