Kesler Norman & Wride LLC Raises Position in Palantir Technologies Inc. $PLTR

Kesler Norman & Wride LLC boosted its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 104.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 28,020 shares of the company’s stock after buying an additional 14,329 shares during the quarter. Kesler Norman & Wride LLC’s holdings in Palantir Technologies were worth $4,981,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Calton & Associates Inc. lifted its stake in Palantir Technologies by 9.5% in the 4th quarter. Calton & Associates Inc. now owns 11,976 shares of the company’s stock valued at $2,129,000 after buying an additional 1,043 shares in the last quarter. Dynasty Wealth Management LLC lifted its stake in Palantir Technologies by 7.8% in the 4th quarter. Dynasty Wealth Management LLC now owns 15,659 shares of the company’s stock valued at $2,783,000 after buying an additional 1,136 shares in the last quarter. Strategic Advisors LLC lifted its stake in Palantir Technologies by 553.7% in the 4th quarter. Strategic Advisors LLC now owns 10,707 shares of the company’s stock valued at $1,903,000 after buying an additional 9,069 shares in the last quarter. 3Chopt Investment Partners LLC lifted its stake in Palantir Technologies by 11.2% in the 4th quarter. 3Chopt Investment Partners LLC now owns 2,600 shares of the company’s stock valued at $462,000 after buying an additional 261 shares in the last quarter. Finally, Allen Investment Management LLC lifted its stake in Palantir Technologies by 5.9% in the 4th quarter. Allen Investment Management LLC now owns 99,720 shares of the company’s stock valued at $17,727,000 after buying an additional 5,550 shares in the last quarter. 45.65% of the stock is owned by hedge funds and other institutional investors.

Palantir Technologies News Roundup

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

• Positive Sentiment: Several recent pieces point to continued bullish momentum, including strong AI infrastructure positioning, expanding customer relationships, and improving earnings revisions across software stocks. Investors are also focused on Palantir’s role in defense and public-sector AI, which remains a major long-term growth driver. Palantir’s AI Infrastructure Momentum: Is PLTR Stock Still a Buy?
• Positive Sentiment: News that Cavanagh extended its Foundry partnership through 2035 and is now channeling Palantir’s technology into broader construction deployments supports the idea that PLTR can keep expanding commercially beyond government contracts. Why Palantir Technologies (PLTR) Is Up 17.4% After Cavanagh Extends Foundry And Becomes Channel Partner
• Positive Sentiment: Analysts and commentators continue to highlight Palantir as a key beneficiary of the broader AI and defense-tech surge, with investors still rotating into software names tied to enterprise AI adoption. Palantir’s Drone Tailwind Puts Its Defense AI Story Back in Focus for Investors
• Neutral Sentiment: Several articles simply note that Palantir remains heavily watched after its recent rally, with traders debating whether the stock still has room to run after a big move higher. Palantir Seen Ready for Next Move Higher
• Negative Sentiment: Valuation-focused coverage is pressuring the stock, with multiple pieces arguing Palantir’s premium multiple already prices in aggressive growth and may require exceptionally large federal market share to justify today’s market value. Palantir’s $369 Billion Valuation Requires Unprecedented Federal Market Share
• Negative Sentiment: Reuters reported that UK lawmakers called Palantir’s role in the public sector an “unacceptable point of weakness,” highlighting political and procurement risk around its government business. UK lawmakers call Palantir’s role public sector an unacceptable weakness
• Negative Sentiment: Another recent report said President Trump’s latest AI executive order is weighing on PLTR shares, adding to near-term pressure despite the company’s strong growth profile. Why Palantir Stock Is Sinking Today

Insider Activity

In related news, insider David A. Glazer sold 17,128 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $2,330,093.12. Following the completion of the transaction, the insider owned 375,242 shares in the company, valued at approximately $51,047,921.68. The trade was a 4.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Stephen Andrew Cohen sold 319,934 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $43,523,821.36. Following the transaction, the insider owned 592 shares of the company’s stock, valued at approximately $80,535.68. The trade was a 99.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 925,789 shares of company stock valued at $126,007,032. Insiders own 9.53% of the company’s stock.

Palantir Technologies Price Performance

PLTR opened at $152.17 on Wednesday. The firm has a market capitalization of $364.80 billion, a price-to-earnings ratio of 170.98, a price-to-earnings-growth ratio of 2.55 and a beta of 1.53. The company’s 50 day simple moving average is $141.80 and its two-hundred day simple moving average is $155.65. Palantir Technologies Inc. has a 1-year low of $118.93 and a 1-year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, May 4th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.28 by $0.05. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the previous year, the company earned $0.13 EPS. The business’s revenue for the quarter was up 84.7% compared to the same quarter last year. On average, equities analysts anticipate that Palantir Technologies Inc. will post 1.18 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on PLTR shares. Benchmark started coverage on shares of Palantir Technologies in a research note on Wednesday, April 1st. They issued a “hold” rating on the stock. Weiss Ratings lowered shares of Palantir Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, April 27th. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 target price on shares of Palantir Technologies in a research note on Thursday, May 21st. Wedbush reissued an “outperform” rating and issued a $230.00 target price on shares of Palantir Technologies in a research note on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $200.00 target price on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $192.76.

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.