Fund Advisors of America Inc FL Acquires New Shares in Palantir Technologies Inc. $PLTR

Fund Advisors of America Inc FL bought a new stake in Palantir Technologies Inc. (NASDAQ:PLTR) during the 4th quarter, Holdings Channel reports. The fund bought 9,177 shares of the company’s stock, valued at approximately $1,631,000. Palantir Technologies makes up 1.5% of Fund Advisors of America Inc FL’s holdings, making the stock its 18th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PLTR. Demming Financial Services Corp ADV acquired a new position in shares of Palantir Technologies during the 4th quarter worth about $387,000. Nalls Sherbakoff Group LLC bought a new stake in shares of Palantir Technologies in the 4th quarter valued at about $178,000. Advisortrust Partners LLC acquired a new stake in shares of Palantir Technologies in the 4th quarter valued at approximately $811,000. PeakShares LLC acquired a new stake in shares of Palantir Technologies in the 4th quarter valued at approximately $1,246,000. Finally, Rubicon Advisors GP bought a new position in Palantir Technologies during the 4th quarter worth approximately $515,000. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies Stock Performance

Shares of PLTR opened at $128.47 on Friday. The stock has a 50 day simple moving average of $137.94 and a 200 day simple moving average of $152.57. Palantir Technologies Inc. has a 52-week low of $122.68 and a 52-week high of $207.52. The firm has a market capitalization of $307.98 billion, a PE ratio of 144.35, a P/E/G ratio of 2.04 and a beta of 1.53.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping 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 the consensus estimate of $1.54 billion. During the same period last year, the company posted $0.13 EPS. The business’s quarterly revenue was up 84.7% on a year-over-year basis. Equities research analysts predict that Palantir Technologies Inc. will post 1.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on PLTR shares. Oppenheimer initiated coverage on shares of Palantir Technologies in a report on Thursday, April 30th. They set an “outperform” rating and a $200.00 price objective for the company. Royal Bank Of Canada reiterated an “underperform” rating and issued a $90.00 target price on shares of Palantir Technologies in a report on Tuesday, May 5th. BNP Paribas Exane started coverage on shares of Palantir Technologies in a research report on Tuesday. They set an “underperform” rating on the stock. Citigroup boosted their price target on shares of Palantir Technologies from $210.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, BTIG Research cut shares of Palantir Technologies to a “neutral” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $192.76.

Insider Activity at Palantir Technologies

In related news, insider Stephen Andrew Cohen sold 319,934 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 value of $43,523,821.36. Following the sale, the insider directly 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Lauren Elaina Friedman Stat sold 1,598 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $160.00, for a total transaction of $255,680.00. Following the completion of the transaction, the director directly owned 55,022 shares of the company’s stock, valued at approximately $8,803,520. The trade was a 2.82% decrease in their ownership of the stock. 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. Insiders have sold 927,270 shares of company stock valued at $126,197,785 over the last three months. Insiders own 9.53% of the company’s stock.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Analysts and commentators said Palantir’s commercial growth remains explosive, with Q1 revenue up 85% and some price targets implying substantial upside from current levels. Palantir’s (PLTR) Explosive Commercial Growth Could Send the Stock Back to $200
• Positive Sentiment: Palantir’s Google Cloud partnership is seen as a major catalyst because it expands distribution and could accelerate adoption of its AIP and Foundry platforms across enterprise customers. Why Palantir’s Google Cloud Deal Could Change the Debate
• Positive Sentiment: More coverage pointed to Palantir as a leading applied-AI company, with its platform, ontology, and forward-deployed engineers supporting continued commercial momentum. Is Palantir Technologies Inc. (PLTR) Becoming the Face of Applied Enterprise AI?
• Neutral Sentiment: News that Oligo Security entered Palantir’s FedStart compliance network adds to the federal AI cybersecurity story, but the immediate financial impact appears limited for now. Palantir (PLTR) Brings Oligo Security Into FedStart For Federal AI Cybersecurity
• Negative Sentiment: Bearish coverage continued to focus on valuation, with some articles noting the stock’s sharp year-to-date decline and investor concern that expectations may still be too high. Palantir Stock Is Down 27% in 2026. Is the Dip a Buying Opportunity?
• Negative Sentiment: There was also fresh attention on insider selling and technical weakness, which may be contributing to pressure on the shares despite the strong operating backdrop. Monster insider trading alert for Palantir (PLTR) stock

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.