SBI Securities 13F: Cuts PLTR Stake by $13M
Key Points
- SBI Securities lowered its Palantir Technologies Inc. PLTR position by 13.3%, bringing its total stake to 464,806 shares valued at roughly $86.9 million on October 22, 2026.
- Palantir Technologies Inc. PLTR trades near $201.28, remaining well above its 200-day moving average ahead of its November 2, 2026 earnings report.
- Multiple Wall Street firms recently updated their outlooks on the software provider, maintaining a consensus buy rating with a mean price target of $206.43.
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SBI Securities lowered its position in Palantir Technologies Inc. PLTR by 71,354 shares during the quarter, according to a Form 13F filing submitted to the SEC on October 22, 2026. The stock closed at $196.44 on the day the filing was made.
What Changed in SBI Securities's Palantir Technologies Inc. Position
The firm cut its stake by 13.3% compared to the prior period, dropping from 536,160 shares down to 464,806 shares. The remaining holdings carried a reported value of about $86.9 million at the time of the filing.
Other Institutional Activity in Palantir Technologies Inc.
Other institutional investors have also adjusted their portfolios around the software maker recently. Root Financial Partners grew its holdings by 6,112 shares, ending with 9,887 shares worth about $1.8 million following a 38.2% reduction reported on October 21, 2026.
Palantir Technologies Inc. Stock Up 4.5%
Palantir Technologies Inc. PLTR recently traded around $201.28 as of October 22, 2026, putting the price up about 2.5% compared to its close on the filing date. The stock sits 31.6% above its 200-day moving average and roughly 5.5% below its 52-week high of $212.94.
Recent Earnings
Palantir Technologies Inc. PLTR generated $6.2 billion in trailing-twelve-month revenue with an EPS of $1.16. The company posted a net profit margin of 49.0% and a return on equity of 38.1%. Its next quarterly earnings report is scheduled for November 2, 2026.
Dividend
Palantir Technologies Inc. PLTR currently pays no dividend, registering a dividend payout ratio of 0.0% and a dividend yield of 0.0%.
Insider Buying and Selling at Palantir Technologies Inc.
Company insiders have actively transacted shares in recent weeks. Officer Ryan Douglas Taylor sold 18,000 shares on October 8, 2026, at an average price of $201.15. Director Lauren Elaina Friedman Stat sold 5,026 shares on October 8, 2026, at $199.00. Director Eric H Woersching sold 1,000 shares on October 9, 2026, at $205.00, while Director Alexander D Moore sold 16,000 shares on October 15, 2026.
Analysts Set New Price Targets
Analyst coverage includes several updates from major financial institutions. UBS maintained a buy rating on September 15, 2026, lifting its target from $220.00 to $250.00. Rosenblatt kept a buy rating at $225.00 on September 23, 2026. Goldman Sachs upgraded the stock to a buy with a $230.00 target on October 8, 2026. Barclays initiated coverage with an overweight rating and a $265.00 target on October 9, 2026, and Mizuho maintained an outperform rating with a target raised from $215.00 to $245.00 on October 15, 2026. The stock holds a consensus buy rating across 26 analyst opinions.
About Palantir Technologies Inc.
Palantir Technologies Inc. PLTR builds software platforms used by defense and intelligence agencies alongside commercial enterprises to integrate large datasets and run complex operational analytics. Based in Aventura, Florida, the firm serves customers globally as a key player in enterprise and government infrastructure software.
Bottom Line
Investors will look toward the upcoming earnings release on November 2, 2026, for further updates on top-line growth and margin performance. Monitoring ongoing institutional adjustments and insider activity will help clarify broader market sentiment for the shares.
Source: SBI Securities's 13F filing on $PLTR (Oct 22, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts