PLTR · NASDAQ
Who owns Palantir?
1 of the world’s richest people holds Palantir in our tracked profiles.
PLTR ▲ 2.71%as of Nov 11, 2026 12:23 PM ET · via Finnhub
About
Palantir builds software that helps governments and companies combine and analyze their data and run operations. Its platforms are Gotham for defense and intelligence, Foundry, Apollo and its AI Platform.
Services-Prepackaged Software · Aventura, Florida
Source: Palantir Technologies Inc. annual report (10-K) (filed 2026-02-17) ↗. Summary in our own words.
Billionaire holders
Peter ThielAI & techCo-founder, director
4.5% of Class A beneficially (100,335,000 sh) — below 5% threshold · as of Sep 2024More
- Entry
- Palantir Technologies Inc.
- Ticker
- PLTR
- Exchange
- NASDAQ
- Role
- Co-founder, director; one of three founders controlling the Founder Voting Trust (all 1,005,000 Class F shares; ~27.7% of voting power for director elections)
- Stake
- 4.5% of Class A beneficially (100,335,000 sh) — below 5% threshold
- Stake as of
- 2024-09-30
director
Palantir — March 2, 2026 sale of 1,999,980 shares at ~$141-$147 under 10b5-1 plan adopted 2025-11-14; indirect holdings after: Rivendell 7… · as of Mar 2026More
- Entry
- Palantir — March 2, 2026 sale of 1,999,980 shares at ~$141-$147 under 10b5-1 plan adopted 2025-11-14; indirect holdings after: Rivendell 7 LLC 34,260,451 sh, PLTR Holdings LLC 20,823,993 sh, Rivendell 25 LLC 53,487 sh
- Ticker
- PLTR
- Exchange
- NASDAQ
- Role
- director (Form 4)
- Stake as of
- 2026-03-02
Each row is a sourced entry from that person’s profile. Stakes are as of the date shown, not today.
Recent SEC filings
No Form 4 insider trades in Palantir from the holders above in the last 90 days.
Form 4 insider trades post within 2 business days. New to filings? Read Filings 101.
Recent moves
Palantir's US commercial sales top government sales for first time
The move
Palantir's third-quarter revenue rose 95.9% to $2.31 billion. US commercial revenue jumped 148% to $984 million, overtaking US government revenue of $953 million for the first time in the company's history. The company raised its full-year 2026 revenue outlook to about $8.53 billion.
Why it matters
The milestone shows Palantir, co-founded and chaired by Peter Thiel, successfully shifting from a government-contractor reputation toward winning corporate AI customers.
The bear case
Despite the beat, Palantir's stock traded lower than before the report, as some investors questioned whether its valuation already prices in years of future growth.
What to watch
Palantir's next earnings report, expected in February, will show whether commercial revenue keeps outpacing government work.
Peter ThielIPO / MarketsAI & techPLTRAI read · ▼ Commercial crossover Palantir's US commercial sales top government revenue for first time
The move
Palantir reported third-quarter revenue of $2.31 billion, above the $2.18 billion analysts expected, with adjusted EPS of 44 cents versus 41 cents expected. U.S. commercial revenue rose 148% to $984 million, surpassing U.S. government revenue of $953 million for the first time in the company's history. Palantir raised its full-year 2026 revenue outlook to about $8.53 billion and projected roughly $2.65 billion in fourth-quarter revenue. Shares still dipped about 3% in after-hours trading. Peter Thiel remains Palantir's largest individual shareholder.
Why it matters
The shift toward commercial customers matters because it shows Palantir's AI software is finding buyers beyond its original base of government and defense contracts, a key test of whether its growth can keep scaling.
The bear case
The stock fell anyway, a sign that after Palantir's huge run-up this year, even a beat-and-raise quarter isn't enough to satisfy a valuation priced for near-perfect execution.
What to watch
Whether commercial revenue keeps outpacing government revenue when Palantir reports in early 2027.
Peter ThielPolicyAI & techPLTRAI read · ▲ Overhang removed, not a new contract Palantir settles London lawsuit over scrapped police deal
The move
Palantir and the Mayor of London's Office for Policing and Crime (Mopac) settled, on Oct. 14, the lawsuit Palantir had brought after Mopac blocked a roughly £50 million deal for the Metropolitan Police to use Palantir's AI-driven crime-analysis software. Both sides withdrew their allegations against each other. Palantir had argued the block was an unlawful veto based on the firm's "values and ethics"; Mopac said its decision rested on procurement process, not on Palantir specifically. The Met has opened a fresh competition for the analytics contract.
Why it matters
The settlement clears Palantir to compete again for a UK police contract it had been shut out of, at a time when the firm is also facing a separate review of an NHS contract in Britain.
The bear case
Palantir isn't guaranteed to win the re-opened competition, and UK scrutiny of its government contracts continues on other fronts.
What to watch
The outcome of the Met's new procurement competition for the analytics contract.
Peter ThielMarketsAI & techPLTRAI read · ▼ Valuation reset Palantir drops 7.2% as AI-financing doubts spread
The move
Palantir shares fell 7.22% on October 16 to $186.03, part of a broader software-sector selloff. ServiceNow and Salesforce also dropped as investors questioned how the AI infrastructure buildout will be financed. The stock closed about 11% below the record high it set October 9.
Why it matters
Palantir has been one of the most richly valued AI stocks this year, so it's a bellwether for how investors are pricing the risk that heavy AI spending doesn't pay off on schedule.
The bear case
The drop tracks a sector-wide move, not a Palantir-specific setback, and Goldman Sachs upgraded the stock to Buy with a $230 target just days earlier.
What to watch
Palantir's third-quarter earnings, November 2.
Peter ThielIPO / MarketsAI & techPLTRAI read · ▲ Street turns bullish Goldman Sachs upgrades Palantir to buy
The move
Goldman Sachs upgraded Palantir from Neutral to Buy on October 8, setting a $230 price target, about 18% above the stock's prior close. Analyst Gabriela Borges cited demand for sovereign AI, bespoke government and enterprise applications, and Palantir's industry-focused strategy. Shares rose as much as 2.5% in premarket trading the next session, nearing a 10-month high.
Why it matters
The upgrade reflects growing Wall Street confidence in Palantir's AI-driven government and enterprise business heading into its next earnings report.
The bear case
Palantir already trades at a rich valuation relative to earnings, and one upgrade doesn't resolve long-standing questions about how much growth is already priced in.
What to watch
Palantir's next quarterly earnings report.
Peter ThielMarketsAI & techPLTRAI read · ▲ Bulls pile in Goldman Sachs upgrades Palantir to Buy on sovereign AI demand
The move
Goldman Sachs analyst Gabriela Borges upgraded Palantir to Buy from Neutral on Thursday, October 8, with a 12-month price target of $230, implying about 18% upside from Wednesday's close of $194.12. The call cites demand for sovereign AI, bespoke AI systems and Palantir's forward-deployed engineering model. Shares rose 1.8% to $197.53 Thursday, outperforming a falling market (the S&P 500 fell 0.47%, the Nasdaq fell 1.25%).
Why it matters
Palantir is chairman and major shareholder Peter Thiel's biggest publicly traded position; a bullish turn from a major bank adds to the stock's case after a lagging year against the Nasdaq 100.
The bear case
Palantir still trades at a rich multiple on revenue growth that has to keep accelerating; one upgrade doesn't resolve the valuation debate, and Zacks Research cut its own rating to Hold around the same time.
What to watch
Palantir's next quarterly report for whether sovereign and government deals keep growing as fast as Borges expects.
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