Kingsman Wealth Management Inc. Purchases 4,981 Shares of Palantir Technologies Inc. $PLTR

Kingsman Wealth Management Inc. raised its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 9.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,674 shares of the company’s stock after purchasing an additional 4,981 shares during the period. Palantir Technologies makes up approximately 6.0% of Kingsman Wealth Management Inc.’s investment portfolio, making the stock its 5th biggest position. Kingsman Wealth Management Inc.’s holdings in Palantir Technologies were worth $10,703,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after buying an additional 7,194,216 shares during the last quarter. State Street Corp lifted its holdings in shares of Palantir Technologies by 6.9% in the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after acquiring an additional 6,097,629 shares during the last quarter. Norges Bank acquired a new stake in shares of Palantir Technologies in the 2nd quarter valued at approximately $3,307,457,000. Invesco Ltd. grew its holdings in shares of Palantir Technologies by 16.0% during the 2nd quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock valued at $2,806,182,000 after purchasing an additional 2,838,300 shares during the last quarter. Finally, Kingstone Capital Partners Texas LLC bought a new position in Palantir Technologies in the 2nd quarter valued at approximately $2,543,888,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies Stock Performance

NASDAQ:PLTR opened at $180.84 on Wednesday. Palantir Technologies Inc. has a fifty-two week low of $63.40 and a fifty-two week high of $207.52. The company has a 50 day simple moving average of $181.21 and a two-hundred day simple moving average of $168.77. The company has a market capitalization of $431.02 billion, a PE ratio of 430.58, a P/E/G ratio of 7.14 and a beta of 1.50.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the firm posted $0.10 EPS. The company’s quarterly revenue was up 62.8% on a year-over-year basis. Research analysts predict that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 39,136 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $156.25, for a total transaction of $6,115,000.00. Following the completion of the sale, the insider directly owned 592 shares in the company, valued at approximately $92,500. This trade represents a 98.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Shyam Sankar sold 19,004 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $156.25, for a total value of $2,969,375.00. Following the completion of the transaction, the insider directly owned 642,786 shares in the company, valued at $100,435,312.50. This represents a 2.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,008,844 shares of company stock valued at $164,750,951. 12.93% of the stock is owned by corporate insiders.

Palantir Technologies News Roundup

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

• Positive Sentiment: MarketBeat highlights Palantir as a leader in the “application-layer” rotation — pitching PLTR as a revenue-generating AI software winner (sticky platform, Bootcamps, large government contracts such as a $448M Navy ShipOS deal). This supports a narrative of sustainable commercial growth. Article Title
• Positive Sentiment: Zacks argues Palantir is the better AI tech buy versus ARM, citing accelerating revenue, margin improvements and enterprise AI adoption — a near-term positive for investor conviction around growth execution. Article Title
• Positive Sentiment: Zacks’ ROE snapshot notes Palantir’s improving return-on-equity (about 27.6%) and argues heavy platform investment, modular pricing and long contracts position the company for durable returns — reinforcing the long-term thesis. Article Title
• Neutral Sentiment: Several outlets and analysts (Dan Ives/Wedbush mentions, MarketBeat/Zacks features) include Palantir on top AI/tech lists — helpful for flows but not an immediate earnings surprise; these pieces support medium-term interest. Article Title
• Negative Sentiment: Option traders are moderately bearish per coverage of recent flow, indicating increased downside protection demand that can amplify intraday selling. Article Title
• Negative Sentiment: Technical/flow pieces note a recent support break and a short-term selloff — technical traders are watching lower support (~$175), which can trigger additional selling if broken. Article Title
• Negative Sentiment: Several cautious takes flag valuation/“red flags” risks (high multiples vs. revenue, concentration of growth expectations) and reports that notable investors (public reports) are taking short positions — all reasons some investors are trimming exposure. Article Title

Analysts Set New Price Targets

A number of analysts have weighed in on PLTR shares. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. Piper Sandler upped their target price on Palantir Technologies from $201.00 to $225.00 and gave the stock an “overweight” rating in a report on Tuesday, November 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Palantir Technologies in a research note on Monday. HSBC upped their price objective on Palantir Technologies from $181.00 to $197.00 and gave the company a “hold” rating in a research note on Wednesday, November 5th. Finally, Royal Bank Of Canada boosted their target price on shares of Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a report on Tuesday, November 4th. Five investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $172.28.

Palantir Technologies Company Profile

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.