Ashton Thomas Private Wealth LLC Buys 43,031 Shares of Palantir Technologies Inc. $PLTR

Ashton Thomas Private Wealth LLC grew its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 102.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 85,114 shares of the company’s stock after acquiring an additional 43,031 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Palantir Technologies were worth $15,527,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Palantir Technologies in the 2nd quarter valued at $3,307,457,000. Vanguard Group Inc. grew its stake in Palantir Technologies by 3.6% in the second quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock valued at $28,043,432,000 after acquiring an additional 7,194,216 shares during the period. State Street Corp grew its stake in Palantir Technologies by 6.9% in the second quarter. State Street Corp now owns 94,481,128 shares of the company’s stock valued at $12,879,667,000 after acquiring an additional 6,097,629 shares during the period. Invesco Ltd. increased its holdings in shares of Palantir Technologies by 16.0% in the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company’s stock worth $2,806,182,000 after acquiring an additional 2,838,300 shares in the last quarter. Finally, Clear Street LLC bought a new stake in Palantir Technologies during the 2nd quarter worth approximately $295,508,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Blockbuster Q4 results and very strong FY‑2026 guidance: Palantir reported ~70% YoY Q4 revenue growth, major U.S. commercial acceleration and guided to roughly $7.18–7.20B for 2026 (~61% growth), which re‑ignited buy interest. Palantir Reports Q4 2025 — Business Wire
• Positive Sentiment: U.S. commercial demand and margins accelerated: Management highlighted huge U.S. commercial growth (100%+ metrics cited across coverage), record booking activity and expanding operating margins — a rare combination that supports valuation compression risk being eased. MarketBeat — Palantir’s Perfect 10
• Positive Sentiment: Multiple analyst upgrades and higher price targets: Firms including William Blair, Robert W. Baird, HSBC and Citi boosted ratings/targets after the print, bringing more institutional endorsement and buy‑side momentum. Zacks — HSBC upgrade
• Neutral Sentiment: Some mixed analyst moves on targets: Goldman trimmed its target slightly (188→182) and DA Davidson reduced its target while keeping neutral — showing differing views on sustainable upside vs. valuation. MarketScreener — Goldman adjusts PT
• Neutral Sentiment: CEO comments on geography: Alex Karp warned Europe and Canada are hesitant to adopt AI, highlighting uneven global adoption — good for U.S. growth narrative but a reminder international upside may lag. Fortune — Karp on AI adoption
• Negative Sentiment: Valuation and sustainability concerns persist: Several pieces flag PLTR’s high multiples despite profits — investors worried growth could mean‑revert or face hyperscaler competition. That keeps risk of pullbacks if execution slips. Seeking Alpha — valuation caution
• Negative Sentiment: Notable hedges and insider selling: Reports of Michael Burry buying puts and ongoing insider sales are reminders some market participants are hedging or taking profits, which can amplify volatility. 24/7 Wall St. — Burry puts

Wall Street Analyst Weigh In

Several research firms recently commented on PLTR. DA Davidson cut their price objective on shares of Palantir Technologies from $215.00 to $180.00 and set a “neutral” rating on the stock in a research report on Tuesday. Daiwa Capital Markets lifted their price target on Palantir Technologies from $178.00 to $200.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. Robert W. Baird raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price objective for the company in a research report on Tuesday. Bank of America lifted their target price on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Finally, Loop Capital cut their target price on Palantir Technologies from $230.00 to $220.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $191.95.

Insider Activity at Palantir Technologies

In related news, insider Stephen Andrew Cohen sold 308,635 shares of the company’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $50,613,053.65. Following the transaction, the insider owned 592 shares in the company, valued at approximately $97,082.08. This represents a 99.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David A. Glazer sold 15,557 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $2,551,192.43. Following the sale, the insider owned 415,612 shares of the company’s stock, valued at approximately $68,156,211.88. This represents a 3.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,023,444 shares of company stock worth $167,394,629 in the last three months. 12.93% of the stock is owned by company insiders.

Palantir Technologies Trading Up 6.8%

NASDAQ PLTR opened at $157.88 on Wednesday. The firm’s fifty day moving average price is $175.73 and its two-hundred day moving average price is $173.73. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52. The firm has a market capitalization of $376.30 billion, a P/E ratio of 250.61, a price-to-earnings-growth ratio of 3.72 and a beta of 1.64.

Palantir Technologies (NASDAQ:PLTR) last issued its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.02. Palantir Technologies had a net margin of 36.31% and a return on equity of 25.19%. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same period last year, the business posted $0.14 EPS. Palantir Technologies’s revenue was up 70.0% on a year-over-year basis. On average, research analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

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.