Beam Wealth Advisors Inc. Invests $1.98 Million in Palantir Technologies Inc. $PLTR

Beam Wealth Advisors Inc. acquired a new position in Palantir Technologies Inc. (NASDAQ:PLTR) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,854 shares of the company’s stock, valued at approximately $1,980,000.

Several other hedge funds also recently added to or reduced their stakes in PLTR. Decker Retirement Planning Inc. grew its stake in shares of Palantir Technologies by 778.7% during the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock worth $11,187,000 after purchasing an additional 54,347 shares during the period. Vanguard Group Inc. grew its position in Palantir Technologies by 3.6% during the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after buying an additional 7,194,216 shares during the period. Prentice Wealth Management LLC acquired a new stake in Palantir Technologies during the third quarter valued at $550,000. Watershed Private Wealth LLC increased its holdings in Palantir Technologies by 75.3% in the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock valued at $1,423,000 after buying an additional 3,350 shares in the last quarter. Finally, State of Michigan Retirement System raised its position in shares of Palantir Technologies by 1.3% in the second quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock worth $127,923,000 after acquiring an additional 12,300 shares during the period. 45.65% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Palantir Technologies news, insider Alexander C. Karp sold 359,325 shares of the stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $58,925,706.75. Following the completion of the sale, the insider owned 6,432,258 shares in the company, valued at approximately $1,054,825,989.42. This represents a 5.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David A. Glazer sold 15,557 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction of $2,551,192.43. Following the completion of the transaction, the insider directly owned 415,612 shares in the company, valued at $68,156,211.88. This trade represents a 3.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,023,444 shares of company stock valued at $167,394,629 in the last ninety days. 12.93% of the stock is currently owned by corporate insiders.

Palantir Technologies Stock Performance

Shares of PLTR opened at $157.88 on Wednesday. The stock has a 50 day moving average price of $175.73 and a 200 day moving average price of $173.73. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52. The stock has a market capitalization of $376.30 billion, a price-to-earnings ratio of 250.61, a PEG ratio of 3.72 and a beta of 1.64.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 25.19%. The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the previous year, the company posted $0.14 EPS. The firm’s quarterly revenue was up 70.0% on a year-over-year basis. On average, analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Blockbuster Q4 results and very strong FY‑2026 guidance: Palantir reported ~70% YoY Q4 revenue growth, major U.S. commercial acceleration and guided to roughly $7.18–7.20B for 2026 (~61% growth), which re‑ignited buy interest. Palantir Reports Q4 2025 — Business Wire
• Positive Sentiment: U.S. commercial demand and margins accelerated: Management highlighted huge U.S. commercial growth (100%+ metrics cited across coverage), record booking activity and expanding operating margins — a rare combination that supports valuation compression risk being eased. MarketBeat — Palantir’s Perfect 10
• Positive Sentiment: Multiple analyst upgrades and higher price targets: Firms including William Blair, Robert W. Baird, HSBC and Citi boosted ratings/targets after the print, bringing more institutional endorsement and buy‑side momentum. Zacks — HSBC upgrade
• Neutral Sentiment: Some mixed analyst moves on targets: Goldman trimmed its target slightly (188→182) and DA Davidson reduced its target while keeping neutral — showing differing views on sustainable upside vs. valuation. MarketScreener — Goldman adjusts PT
• Neutral Sentiment: CEO comments on geography: Alex Karp warned Europe and Canada are hesitant to adopt AI, highlighting uneven global adoption — good for U.S. growth narrative but a reminder international upside may lag. Fortune — Karp on AI adoption
• Negative Sentiment: Valuation and sustainability concerns persist: Several pieces flag PLTR’s high multiples despite profits — investors worried growth could mean‑revert or face hyperscaler competition. That keeps risk of pullbacks if execution slips. Seeking Alpha — valuation caution
• Negative Sentiment: Notable hedges and insider selling: Reports of Michael Burry buying puts and ongoing insider sales are reminders some market participants are hedging or taking profits, which can amplify volatility. 24/7 Wall St. — Burry puts

Analyst Ratings Changes

A number of research firms have recently commented on PLTR. Zacks Research cut Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Weiss Ratings lowered Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 15th. Morgan Stanley boosted their price objective on Palantir Technologies from $155.00 to $205.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 4th. Loop Capital decreased their target price on Palantir Technologies from $230.00 to $220.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Finally, Truist Financial began coverage on shares of Palantir Technologies in a report on Tuesday, January 6th. They issued a “buy” rating and a $223.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $191.95.

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.