Palantir Technologies Inc. $PLTR Stock Holdings Boosted by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC raised its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 29.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,173 shares of the company’s stock after buying an additional 14,431 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Palantir Technologies were worth $12,004,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Signature Wealth Management Partners LLC raised its position in shares of Palantir Technologies by 1.0% in the 3rd quarter. Signature Wealth Management Partners LLC now owns 5,140 shares of the company’s stock valued at $961,000 after acquiring an additional 51 shares during the period. Atlatl Advisers LLC grew its holdings in Palantir Technologies by 0.4% during the third quarter. Atlatl Advisers LLC now owns 13,174 shares of the company’s stock valued at $2,464,000 after purchasing an additional 53 shares during the period. Opinicus Capital Inc. grew its holdings in Palantir Technologies by 2.4% during the third quarter. Opinicus Capital Inc. now owns 2,276 shares of the company’s stock valued at $426,000 after purchasing an additional 53 shares during the period. Demars Financial Group LLC grew its holdings in Palantir Technologies by 2.7% during the third quarter. Demars Financial Group LLC now owns 2,054 shares of the company’s stock valued at $384,000 after purchasing an additional 54 shares during the period. Finally, PFS Partners LLC increased its stake in Palantir Technologies by 28.9% in the third quarter. PFS Partners LLC now owns 250 shares of the company’s stock valued at $47,000 after purchasing an additional 56 shares in the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on PLTR shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $225.00 target price on shares of Palantir Technologies in a report on Monday, October 26th. Phillip Securities lowered shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 12th. Roth Capital initiated coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They issued a “buy” rating for the company. Needham & Company LLC set a $215.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 11th. Finally, Yorkville Ives began coverage on Palantir Technologies in a research note on Tuesday, October 6th. They set an “outperform” rating and a $250.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Palantir Technologies has an average rating of “Moderate Buy” and a consensus target price of $214.53.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Palantir’s latest quarter showed rapid growth and profitability: revenue rose nearly 96% year over year and exceeded expectations, while U.S. commercial revenue more than doubled. That commercial momentum may help offset reliance on government contracts. Article: As Democrats Take Over Congress, Is Palantir Stock at Risk?
• Positive Sentiment: ETFs purchased $75.3 million of PLTR shares on Nov. 6, with more funds buying than selling, indicating institutional demand. Article: ETFs Are Buying Palantir (PLTR) on Nov. 6
• Neutral Sentiment: A technical analysis article pointed to a historically bullish signal, but the provided report did not specify its details or guarantee future gains. Article: This Software Stock Bull Signal Has Never Been Wrong
• Negative Sentiment: Investors may be weighing political and budget risk: the incoming Congress could reject or revise the proposed 2027 defense budget, potentially affecting Palantir’s government business. The concern comes even as commercial growth accelerates. Article: As Democrats Take Over Congress, Is Palantir Stock at Risk?
• Negative Sentiment: Valuation remains a headwind. Commentary cautioned that the shares may be expensive despite strong commercial AI growth, leaving them vulnerable to profit-taking or a broader AI-sector pullback. Article: Palantir’s Commercial AI Business Just Changed the Story, But It’s Stock Could Be Too Expensive

Insider Buying and Selling

In other news, insider Jeffrey Buckley sold 2,055 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $174.83, for a total transaction of $359,275.65. Following the completion of the sale, the insider owned 58,171 shares of the company’s stock, valued at $10,170,035.93. This represents a 3.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 Alexander Karp sold 492,348 shares of the 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 sale, the insider directly owned 6,432,258 shares of the company’s stock, valued at $1,124,294,375.82. This represents a 7.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 three months, insiders have sold 523,716 shares of company stock valued at $92,212,379. 9.53% of the stock is owned by corporate insiders.

Palantir Technologies Stock Performance

Shares of PLTR opened at $168.82 on Wednesday. The stock has a 50 day simple moving average of $185.19 and a 200 day simple moving average of $153.77. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $212.94. The firm has a market capitalization of $405.68 billion, a PE ratio of 118.06, a P/E/G ratio of 3.42 and a beta of 1.65.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, November 2nd. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.41 by $0.03. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.18 billion. Palantir Technologies had a net margin of 50.34% and a return on equity of 30.49%. The business’s quarterly revenue was up 95.9% on a year-over-year basis. During the same period last year, the company posted $0.21 EPS. Equities research analysts predict that Palantir Technologies Inc. will post 1.36 EPS for the current fiscal year.

Palantir Technologies Profile

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.