Chokshi & Queen Wealth Advisors Inc Purchases Shares of 5,013 Palantir Technologies Inc. $PLTR

Chokshi & Queen Wealth Advisors Inc acquired a new stake in shares of Palantir Technologies Inc. (NASDAQ:PLTRFree Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,013 shares of the company’s stock, valued at approximately $914,000. Palantir Technologies comprises about 0.5% of Chokshi & Queen Wealth Advisors Inc’s portfolio, making the stock its 25th largest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of PLTR. Lionshead Wealth Management LLC lifted its stake in Palantir Technologies by 0.4% during the third quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company’s stock valued at $2,395,000 after buying an additional 56 shares in the last quarter. Ellenbecker Investment Group increased its position in shares of Palantir Technologies by 3.6% in the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company’s stock worth $295,000 after acquiring an additional 57 shares in the last quarter. Traveka Wealth LLC raised its holdings in shares of Palantir Technologies by 1.6% during the third quarter. Traveka Wealth LLC now owns 3,695 shares of the company’s stock valued at $674,000 after acquiring an additional 57 shares during the period. Market Street Wealth Management Advisors LLC raised its holdings in shares of Palantir Technologies by 4.0% during the third quarter. Market Street Wealth Management Advisors LLC now owns 1,539 shares of the company’s stock valued at $281,000 after acquiring an additional 59 shares during the period. Finally, Blue Bell Private Wealth Management LLC lifted its position in shares of Palantir Technologies by 3.4% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 1,837 shares of the company’s stock valued at $335,000 after acquiring an additional 60 shares in the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Palantir Technologies

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

  • Positive Sentiment: Geopolitical speculation — Social and financial media tied Palantir to U.S. action in Venezuela, boosting interest in the stock as traders price in renewed government and national‑security demand. Venezuela Action Boosts Palantir Stock In 2026
  • Positive Sentiment: New buy‑side catalyst — Truist initiated coverage with a Buy and bullish commentary calling PLTR a “best‑in‑class” AI asset, providing fundamental validation that can drive further inflows and momentum. Truist Initiates Palantir Stock At Buy
  • Positive Sentiment: Strong AI narrative and bullish pieces — Multiple bullish writeups (including The Motley Fool and other outlets) are arguing that Palantir’s AIP and execution justify continued upside, attracting retail/institutional attention. Why Palantir Surged 135% in 2025
  • Neutral Sentiment: Heightened trading activity — Options volume and online search/flow have spiked, signaling bigger short‑term positioning that can amplify moves in either direction. AI Stocks Nvidia and Palantir Have Issued a $3.3 Billion Warning
  • Neutral Sentiment: Analyst debate — Some outlets compare PLTR vs. NVDA and debate which is the better AI exposure; that keeps PLTR in the spotlight but creates divergent institutional views. Nvidia vs. Palantir: Which Is the Better AI Stock for 2026?
  • Negative Sentiment: Insider selling — Recent Form 4 filings show executives/directors selling shares (e.g., Ryan Taylor), which can temper momentum and feed short‑term profit‑taking narratives. SEC Insider Sale Filing
  • Negative Sentiment: Valuation risk — Several pieces warn that the rally already prices in aggressive growth; PLTR trades at elevated multiples versus fundamentals, leaving the stock vulnerable to any guidance/earnings slip or profit‑taking. Palantir Stock Dubbed Best-in-Class — But Is It?

Analysts Set New Price Targets

PLTR has been the topic of a number of research analyst reports. Bank of America lifted their price target on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Cantor Fitzgerald increased their price objective on Palantir Technologies from $155.00 to $198.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Truist Financial began coverage on shares of Palantir Technologies in a research note on Tuesday. They issued a “buy” rating and a $223.00 target price for the company. Weiss Ratings restated a “buy (b-)” rating on shares of Palantir Technologies in a research note on Monday, December 29th. Finally, Royal Bank Of Canada raised their price target on shares of Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $174.69.

Check Out Our Latest Research Report on Palantir Technologies

Palantir Technologies Stock Up 1.1%

Shares of PLTR stock opened at $181.68 on Thursday. Palantir Technologies Inc. has a 12 month low of $63.40 and a 12 month high of $207.52. The company has a market cap of $433.02 billion, a PE ratio of 432.58, a price-to-earnings-growth ratio of 4.52 and a beta of 1.54. The business’s 50 day moving average is $180.03 and its two-hundred day moving average is $170.12.

Palantir Technologies (NASDAQ:PLTRGet Free Report) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.04. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the firm earned $0.10 EPS. Palantir Technologies’s quarterly revenue was up 62.8% compared to the same quarter last year. As a group, equities analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Insider Activity at Palantir Technologies

In other news, insider Ryan D. Taylor sold 12,000 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $181.35, for a total value of $2,176,200.00. Following the sale, the insider directly owned 239,409 shares of the company’s stock, valued at approximately $43,416,822.15. This trade represents a 4.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shyam Sankar sold 19,004 shares of Palantir Technologies stock in a transaction dated Friday, November 21st. The stock was 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 owned 642,786 shares in the company, valued at $100,435,312.50. The trade was a 2.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,023,444 shares of company stock valued at $167,394,629. 9.23% of the stock is owned by corporate insiders.

Palantir Technologies Profile

(Free Report)

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.

See Also

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

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