Chokshi & Queen Wealth Advisors Inc Purchases Shares of 5,013 Palantir Technologies Inc. $PLTR

Chokshi & Queen Wealth Advisors Inc purchased a new position in Palantir Technologies Inc. (NASDAQ:PLTR) during the 3rd quarter, Holdings Channel reports. The firm purchased 5,013 shares of the company’s stock, valued at approximately $914,000. Palantir Technologies accounts for about 0.5% of Chokshi & Queen Wealth Advisors Inc’s holdings, making the stock its 25th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Signature Resources Capital Management LLC acquired a new stake in Palantir Technologies during the second quarter worth about $25,000. Briaud Financial Planning Inc bought a new stake in shares of Palantir Technologies in the 2nd quarter worth approximately $27,000. LFA Lugano Financial Advisors SA acquired a new stake in shares of Palantir Technologies during the 2nd quarter worth approximately $27,000. Frazier Financial Advisors LLC bought a new stake in shares of Palantir Technologies during the second quarter valued at approximately $28,000. Finally, Delos Wealth Advisors LLC acquired a new position in shares of Palantir Technologies in the second quarter valued at $29,000. Institutional investors own 45.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Morgan Stanley boosted their price target on shares of Palantir Technologies from $155.00 to $205.00 and gave the company an “equal weight” rating in a report on Tuesday, November 4th. The Goldman Sachs Group increased their price target on shares of Palantir Technologies from $141.00 to $188.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Wall Street Zen downgraded Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. Finally, UBS Group raised their target price on Palantir Technologies from $165.00 to $205.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $174.69.

Palantir Technologies Price Performance

Shares of PLTR opened at $181.68 on Thursday. The company has a market capitalization of $433.02 billion, a P/E ratio of 432.58, a PEG ratio of 4.52 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. The business’s 50 day simple moving average is $180.03 and its 200-day simple moving average is $170.12.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The business’s revenue was up 62.8% on a year-over-year basis. During the same period last year, the firm posted $0.10 EPS. On average, sell-side analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

More Palantir Technologies News

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

• Positive Sentiment: Geopolitical speculation — Social and financial media tied Palantir to U.S. action in Venezuela, boosting interest in the stock as traders price in renewed government and national‑security demand. Venezuela Action Boosts Palantir Stock In 2026
• Positive Sentiment: New buy‑side catalyst — Truist initiated coverage with a Buy and bullish commentary calling PLTR a “best‑in‑class” AI asset, providing fundamental validation that can drive further inflows and momentum. Truist Initiates Palantir Stock At Buy
• Positive Sentiment: Strong AI narrative and bullish pieces — Multiple bullish writeups (including The Motley Fool and other outlets) are arguing that Palantir’s AIP and execution justify continued upside, attracting retail/institutional attention. Why Palantir Surged 135% in 2025
• Neutral Sentiment: Heightened trading activity — Options volume and online search/flow have spiked, signaling bigger short‑term positioning that can amplify moves in either direction. AI Stocks Nvidia and Palantir Have Issued a $3.3 Billion Warning
• Neutral Sentiment: Analyst debate — Some outlets compare PLTR vs. NVDA and debate which is the better AI exposure; that keeps PLTR in the spotlight but creates divergent institutional views. Nvidia vs. Palantir: Which Is the Better AI Stock for 2026?
• Negative Sentiment: Insider selling — Recent Form 4 filings show executives/directors selling shares (e.g., Ryan Taylor), which can temper momentum and feed short‑term profit‑taking narratives. SEC Insider Sale Filing
• Negative Sentiment: Valuation risk — Several pieces warn that the rally already prices in aggressive growth; PLTR trades at elevated multiples versus fundamentals, leaving the stock vulnerable to any guidance/earnings slip or profit‑taking. Palantir Stock Dubbed Best-in-Class — But Is It?

Insiders Place Their Bets

In related news, insider David A. Glazer sold 15,557 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 transaction of $2,551,192.43. Following the transaction, the insider owned 415,612 shares in the company, valued at $68,156,211.88. This represents a 3.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shyam Sankar sold 149,872 shares of the firm’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total transaction of $24,577,509.28. Following the completion of the sale, the insider owned 642,786 shares of the company’s stock, valued at $105,410,476.14. The trade was a 18.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,023,444 shares of company stock valued at $167,394,629 over the last three months. Company insiders own 9.23% of the company’s stock.

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.