Golden State Equity Partners Acquires 3,239 Shares of Palantir Technologies Inc. $PLTR

Golden State Equity Partners lifted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 17.6% in the third quarter, HoldingsChannel reports. The fund owned 21,600 shares of the company’s stock after buying an additional 3,239 shares during the period. Palantir Technologies makes up 0.7% of Golden State Equity Partners’ investment portfolio, making the stock its 28th biggest position. Golden State Equity Partners’ holdings in Palantir Technologies were worth $3,940,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Norges Bank purchased a new stake in Palantir Technologies during the second quarter valued at about $3,307,457,000. Kingstone Capital Partners Texas LLC purchased a new stake in Palantir Technologies during the 2nd quarter valued at about $2,543,888,000. Vanguard Group Inc. grew its position in 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 acquiring an additional 7,194,216 shares during the last quarter. State Street Corp increased its stake in Palantir Technologies by 6.9% in the 2nd quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after purchasing an additional 6,097,629 shares during the period. Finally, Invesco Ltd. lifted its position in Palantir Technologies by 16.0% in the second 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. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Accenture partnership could accelerate enterprise AI deployments and widen Palantir’s commercial channel, improving sales cadence and credibility with large customers. Accenture and Palantir Form Business Group
• Positive Sentiment: Market narratives highlight Palantir’s transformation into a market leader in enterprise AI after strong 2025 adoption of its AIP platform — the company was a major contributor to tech and S&P sector gains last year. Palantir: From Meme Stock To Market Leader
• Positive Sentiment: Positive fundamental assessment: some analysts/investors point to Palantir’s strong Rule of 40 and fast growth vs. the AI software market as justification for a premium multiple. Is Palantir Technologies Stock a Buy?
• Neutral Sentiment: High-profile CEO real‑estate purchase (Alex Karp buying an Aspen‑area ranch) is newsworthy but likely immaterial to operating performance; may attract attention to insider activity. Palantir CEO Alex Karp nabs Aspen-area ranch
• Neutral Sentiment: Market commentary and trade ideas note low volatility and options setups around PLTR, reflecting that some traders see structured ways to express views without large directional exposure. Low Volatility In Palantir Stock Sets Up This Options Strangle
• Negative Sentiment: Valuation warnings: several analysts and commentators argue Palantir’s premium multiple is extreme relative to near‑term upside, flagging risk if growth slows — a direct headline criticizes an “exorbitant valuation” despite strong fundamentals. Palantir: Brilliant Fundamentals Offset By Exorbitant Valuation
• Negative Sentiment: Bearish views and downside scenarios: some Wall Street voices and investors warn of large potential declines for AI high‑flyers in 2026 and notable short positions/hedges (including press on Michael Burry), creating selling pressure risk. 2 AI Stocks to Sell Before They Drop
• Negative Sentiment: Analyst caution on near‑term upside: some pieces conclude that while Palantir’s long‑term story is compelling, analysts see limited upside in the coming year, which can cap the stock absent fresh catalysts. Is Palantir Technologies Stock a Buy?

Palantir Technologies Stock Performance

Shares of NASDAQ:PLTR opened at $177.75 on Friday. The firm has a market capitalization of $423.66 billion, a P/E ratio of 423.22, a P/E/G ratio of 6.89 and a beta of 1.54. The stock has a 50 day moving average price of $181.20 and a 200-day moving average price of $168.89. Palantir Technologies Inc. has a 52-week low of $63.40 and a 52-week high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.04. The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The firm’s revenue for the quarter was up 62.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.10 earnings per share. On average, equities analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

PLTR has been the topic of several recent analyst reports. HSBC raised their target price on shares of Palantir Technologies from $181.00 to $197.00 and gave the stock a “hold” rating in a report on Wednesday, November 5th. CICC Research raised their price target on shares of Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Citigroup upped their price objective on shares of Palantir Technologies from $190.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Deutsche Bank Aktiengesellschaft raised their target price on Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a research note on Tuesday, November 4th. Finally, Robert W. Baird upped their price target on Palantir Technologies from $170.00 to $200.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Five research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $172.28.

Insider Activity at Palantir Technologies

In related news, insider Alexander C. Karp sold 359,325 shares of the business’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $58,925,706.75. Following the sale, the insider owned 6,432,258 shares of the company’s stock, valued at $1,054,825,989.42. The trade was a 5.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Shyam Sankar sold 149,872 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $24,577,509.28. Following the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at $105,410,476.14. This represents a 18.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,008,044 shares of company stock worth $164,601,839 over the last 90 days. 9.23% of the stock is currently owned by insiders.

About Palantir Technologies

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.