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

Golden State Equity Partners increased its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 17.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 21,600 shares of the company’s stock after purchasing an additional 3,239 shares during the quarter. Palantir Technologies makes up about 0.7% of Golden State Equity Partners’ holdings, 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.

Several other hedge funds have also recently modified their holdings of PLTR. Signature Resources Capital Management LLC purchased a new position in Palantir Technologies in the second quarter worth $25,000. Briaud Financial Planning Inc purchased a new position in shares of Palantir Technologies in the 2nd quarter worth about $27,000. LFA Lugano Financial Advisors SA purchased a new position in Palantir Technologies in the second quarter valued at about $27,000. Frazier Financial Advisors LLC bought a new position in shares of Palantir Technologies during the 2nd quarter valued at approximately $28,000. Finally, Delos Wealth Advisors LLC bought a new position in shares of Palantir Technologies during the 2nd quarter valued at approximately $29,000. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies Price Performance

Shares of NASDAQ:PLTR opened at $177.75 on Friday. The firm has a fifty day moving average price of $181.20 and a two-hundred day moving average price of $168.89. The company has a market cap of $423.66 billion, a price-to-earnings ratio of 423.22, a PEG ratio of 6.89 and a beta of 1.54. Palantir Technologies Inc. has a one year low of $63.40 and a one year high of $207.52.

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

Analysts Set New Price Targets

Several equities analysts recently commented on PLTR shares. HSBC upped their price objective on Palantir Technologies from $181.00 to $197.00 and gave the company a “hold” rating in a research note on Wednesday, November 5th. Deutsche Bank Aktiengesellschaft lifted their price objective on Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a report on Tuesday, November 4th. Raymond James Financial reaffirmed a “market perform” rating on shares of Palantir Technologies in a report on Tuesday, November 4th. CICC Research lifted their target price on shares of Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 12th. Finally, Piper Sandler upped their price target on shares of Palantir Technologies from $201.00 to $225.00 and gave the company an “overweight” rating in a research note on Tuesday, November 4th. Five equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Palantir Technologies presently has a consensus rating of “Hold” and an average target price of $172.28.

Trending Headlines about 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?

Insider Buying and Selling

In other news, insider Shyam Sankar sold 149,872 shares of the stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $24,577,509.28. Following the transaction, the insider owned 642,786 shares of the company’s stock, valued at $105,410,476.14. This represents a 18.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Stephen Andrew Cohen sold 308,635 shares of Palantir Technologies stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total transaction of $50,613,053.65. Following the sale, the insider directly owned 592 shares of the company’s stock, valued at $97,082.08. This represents a 99.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,008,044 shares of company stock valued at $164,601,839 in the last 90 days. 9.23% of the stock is owned by company insiders.

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.