Palantir Technologies Inc. $PLTR Stock: Verdence Capital Advisors LLC Raises Stake

Posted by Brian Himes on Oct 27th, 2026

Verdence Capital Advisors LLC grew its position in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 81.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,093 shares of the company’s stock after buying an additional 14,374 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Palantir Technologies were worth $6,003,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in PLTR. Ballast Advisors LLC purchased a new stake in Palantir Technologies during the 1st quarter valued at $29,000. Retirement Wealth Solutions LLC increased its holdings in shares of Palantir Technologies by 51.7% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 217 shares of the company’s stock worth $41,000 after purchasing an additional 74 shares in the last quarter. Dakota Community Bank & Trust NA increased its holdings in shares of Palantir Technologies by 219.1% in the 3rd quarter. Dakota Community Bank & Trust NA now owns 217 shares of the company’s stock worth $41,000 after purchasing an additional 149 shares in the last quarter. Whipplewood Advisors LLC bought a new stake in shares of Palantir Technologies in the 1st quarter worth $32,000. Finally, PFS Partners LLC raised its stake in shares of Palantir Technologies by 28.9% in the third quarter. PFS Partners LLC now owns 250 shares of the company’s stock worth $47,000 after purchasing an additional 56 shares during the last quarter. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies Stock Performance

Palantir Technologies stock opened at $198.84 on Tuesday. The stock has a market cap of $477.82 billion, a PE ratio of 169.95, a price-to-earnings-growth ratio of 3.46 and a beta of 1.60. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $212.94. The stock has a fifty day moving average of $185.25 and a 200 day moving average of $153.60.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The company had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. Palantir Technologies’s revenue was up 92.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.16 earnings per share. As a group, sell-side analysts predict that Palantir Technologies Inc. will post 1.31 EPS for the current fiscal year.

Insider Activity

In other news, Director Eric Woersching sold 1,000 shares of the stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $205.00, for a total value of $205,000.00. Following the transaction, the director owned 3,465 shares in the company, valued at $710,325. This represents a 22.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,250 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $174.29, for a total transaction of $217,862.50. Following the completion of the transaction, the insider owned 56,921 shares in the company, valued at $9,920,761.09. This trade represents a 2.15% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 560,390 shares of company stock worth $97,909,177. Company insiders own 9.53% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Piper Sandler upped their price target on Palantir Technologies from $230.00 to $231.00 and gave the company an “overweight” rating in a report on Friday. Needham & Company LLC set a $215.00 price objective on Palantir Technologies in a research report on Tuesday, August 11th. William Blair reiterated an “outperform” rating on shares of Palantir Technologies in a report on Wednesday, August 26th. Northland Securities set a $200.00 price objective on Palantir Technologies in a report on Tuesday, August 4th. Finally, Zacks Research lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $205.55.

Read Our Latest Stock Analysis on Palantir Technologies

Key Stories Impacting Palantir Technologies

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

Positive Sentiment: Earnings are the key near-term catalyst. Investors expect another strong quarter after Palantir’s previous report showed 92.8% year-over-year revenue growth and an earnings beat. A further acceleration in revenue, strong demand for AIP and Ontology, or an upbeat outlook could support the stock and potentially strengthen the case for a move toward $300. Will Palantir Technologies Stock Hit $300 Before the End of 2026?
Positive Sentiment: AI demand remains the central growth narrative. Articles highlight Palantir’s commercial AI expansion, including evidence that customers are measuring substantial productivity gains and potential opportunities in advertising and other industries outside its traditional government and enterprise markets. Palantir is taking its AI into an unexpected new business
Positive Sentiment: Investor interest and sector positioning are favorable. Burke Wealth initiated a position, while Palantir is among software and cybersecurity names holding up as some semiconductor stocks decline. Analyst price targets cited by one report range from $231 to $250, above the referenced trading level. Burke Wealth Initiates a New Position in Palantir
Neutral Sentiment: Short-interest data provides little signal. The latest report lists short interest at zero shares and a zero-day days-to-cover ratio, suggesting no measurable short-selling pressure, although the data conflicts with commentary that short interest increased.
Negative Sentiment: Valuation leaves little room for disappointment. Palantir trades at roughly 122 times expected 2026 earnings, according to one report. Michael Burry reportedly remains short, framing the November 2 earnings release as a test of whether AI growth can justify the premium valuation. Michael Burry Is Shorting PLTR

Palantir Technologies Company Profile

(Free Report)

Palantir Technologies Inc develops software platforms that help government agencies and commercial organizations integrate, analyze and act on data. Its products are designed to support complex operations such as defense and intelligence, supply-chain management, manufacturing, healthcare and other data-intensive activities.

Palantir’s principal platforms include Gotham, which is primarily used by government and defense customers; Foundry, which helps commercial and institutional users build data-driven workflows; Apollo, a platform for deploying and managing software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects generative artificial intelligence capabilities with an organization’s data and operational systems.

Founded in 2003, the company initially focused on software for government and national-security applications before expanding into commercial markets.