22,593 Palantir Technologies Inc. $PLTR Shares Purchased by Vestor Capital LLC

Vestor Capital LLC grew its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 3,888.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,174 shares of the company’s stock after purchasing an additional 22,593 shares during the period. Vestor Capital LLC’s holdings in Palantir Technologies were worth $4,335,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Kestra Investment Management LLC boosted its holdings in Palantir Technologies by 47.7% in the third quarter. Kestra Investment Management LLC now owns 10,317 shares of the company’s stock worth $1,930,000 after acquiring an additional 3,334 shares in the last quarter. Retirement Systems of Alabama increased its holdings in shares of Palantir Technologies by 44.7% during the third quarter. Retirement Systems of Alabama now owns 698,082 shares of the company’s stock valued at $130,576,000 after acquiring an additional 215,728 shares in the last quarter. Palacios Wealth Management LLC increased its holdings in shares of Palantir Technologies by 1.8% during the third quarter. Palacios Wealth Management LLC now owns 14,647 shares of the company’s stock valued at $2,740,000 after acquiring an additional 265 shares in the last quarter. Clear Wave Wealth Management LLC bought a new stake in shares of Palantir Technologies during the third quarter valued at approximately $335,000. Finally, Joseph Group Capital Management raised its position in shares of Palantir Technologies by 43.4% during the third quarter. Joseph Group Capital Management now owns 730 shares of the company’s stock worth $137,000 after purchasing an additional 221 shares during the period. Institutional investors own 45.65% of the company’s stock.

Insiders Place Their Bets

In other Palantir Technologies news, insider Alexander Karp sold 492,348 shares of the firm’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the transaction, the insider directly owned 6,432,258 shares in the company, valued at approximately $1,124,294,375.82. This trade represents a 7.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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. Also, insider Ryan Taylor sold 18,000 shares of the firm’s stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $201.15, for a total value of $3,620,700.00. Following the transaction, the insider owned 274,667 shares in the company, valued at approximately $55,249,267.05. This trade represents a 6.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 523,716 shares of company stock worth $92,212,379 in the last three months. 9.53% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on PLTR shares. Rosenblatt Securities reiterated a “buy” rating and issued a $260.00 target price on shares of Palantir Technologies in a report on Tuesday, November 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $225.00 price target on shares of Palantir Technologies in a research report on Monday, October 26th. Oppenheimer restated an “outperform” rating and set a $235.00 price target (up from $200.00) on shares of Palantir Technologies in a research note on Thursday, October 29th. Piper Sandler restated an “overweight” rating and set a $235.00 price objective (up from $231.00) on shares of Palantir Technologies in a report on Tuesday, November 3rd. Finally, DA Davidson reaffirmed a “buy” rating and issued a $250.00 price objective on shares of Palantir Technologies in a research note on Tuesday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eight 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 $214.53.

Read Our Latest Report on PLTR

Key Headlines Impacting Palantir Technologies

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

  • Positive Sentiment: Palantir’s latest results and earnings-call commentary highlighted fast growth and profitability. The supplied earnings figures show revenue up 95.9% year over year and above estimates, with earnings per share also beating expectations—supporting the growth case. Palantir Earnings Call Highlights Explosive Growth and Profitability
  • Positive Sentiment: U.S. commercial revenue reportedly more than doubled and overtook government revenue for the first time, signaling that enterprise AI is becoming a larger growth engine beyond government contracts. Palantir’s Commercial AI Business Just Changed the Story
  • Positive Sentiment: AmeriLife selected Palantir for an enterprise AI partnership across insurance and retirement distribution, with existing workflows in production and a broader rollout planned. The deal offers a concrete example of commercial adoption. Palantir Lands Enterprise AI Partnership
  • Positive Sentiment: Former Senator Jon Tester is joining as an adviser. The appointment may help Palantir navigate increased congressional scrutiny, though the article also notes strong commercial momentum. Former Senator Jon Tester Joins as Adviser
  • Neutral Sentiment: Northland Securities lifted its earnings estimates, a supportive analyst signal, but the brief report provides no details on the size of the revisions. PLTR Stock Earnings Estimates Lifted
  • Negative Sentiment: Valuation remains a key risk: coverage notes that Palantir’s market value above $400 billion may limit future returns, while its high earnings multiple leaves the stock vulnerable if growth expectations cool. Could Buying Palantir Stock Today Set You Up for Life?
  • Negative Sentiment: Some investors have sold AI stocks despite strong company results, and Palantir had recently dipped after earnings. That market-wide sentiment may keep volatility elevated even as its business grows. Wall Street Is Dumping AI Stocks Even as Business Booms

Palantir Technologies Stock Up 5.5%

Shares of Palantir Technologies stock opened at $169.20 on Tuesday. The company has a market cap of $406.60 billion, a PE ratio of 118.32, a price-to-earnings-growth ratio of 3.60 and a beta of 1.65. Palantir Technologies Inc. has a 52 week low of $106.37 and a 52 week high of $212.94. The business has a 50 day moving average price of $185.54 and a 200-day moving average price of $153.76.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its earnings results on Monday, November 2nd. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.03. The company had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.18 billion. Palantir Technologies had a return on equity of 30.49% and a net margin of 50.34%. Palantir Technologies’s quarterly revenue was up 95.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.21 earnings per share. As a group, research analysts anticipate that Palantir Technologies Inc. will post 1.36 EPS for the current year.

Palantir Technologies Profile

(Free Report)

Palantir Technologies is a software company that develops platforms for integrating, analyzing and using data to support operational decisions. Its products are designed to help organizations work with large, complex datasets while managing access and security.

The company’s platforms include Gotham, used primarily by government and intelligence customers; Foundry, designed for commercial and other organizations; Apollo, which supports the deployment and management of software; and Artificial Intelligence Platform (AIP), which helps organizations use artificial intelligence with their data and operations.

Founded in 2003, Palantir initially focused on software for government and intelligence work and later expanded its commercial business.

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Institutional Ownership by Quarter for Palantir Technologies (NASDAQ:PLTR)

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