Kercheville Advisors LLC Acquires 5,925 Shares of Palantir Technologies Inc. $PLTR

Key Points

• Kercheville Advisors increased its Palantir stake by 21.1%, buying 5,925 shares to hold 33,990 shares valued at about $5.64 million, making PLTR its 19th largest position (1.6% of the portfolio).
• Significant insider selling: insiders disposed of 1,029,879 shares this quarter (≈$137.7 million), including Stephen A. Cohen’s sale of 327,088 shares, leaving insiders with 9.23% ownership.
• Operational and market momentum: Palantir beat quarterly estimates (EPS $0.25 vs $0.23; revenue $1.41B, +70% YoY), won a $300M USDA contract, and has mostly bullish analyst coverage with a consensus price target of $196.35 ("Moderate Buy").

Kercheville Advisors LLC lifted its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 21.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,990 shares of the company's stock after acquiring an additional 5,925 shares during the period. Palantir Technologies makes up 1.6% of Kercheville Advisors LLC's holdings, making the stock its 19th biggest holding. Kercheville Advisors LLC's holdings in Palantir Technologies were worth $5,639,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Occidental Asset Management LLC boosted its holdings in Palantir Technologies by 2.8% during the third quarter. Occidental Asset Management LLC now owns 1,964 shares of the company's stock worth $358,000 after purchasing an additional 53 shares during the last quarter. Gallacher Capital Management LLC boosted its holdings in Palantir Technologies by 2.2% during the third quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company's stock worth $447,000 after purchasing an additional 53 shares during the last quarter. Bare Financial Services Inc boosted its holdings in Palantir Technologies by 54.5% during the third quarter. Bare Financial Services Inc now owns 156 shares of the company's stock worth $28,000 after purchasing an additional 55 shares during the last quarter. Traveka Wealth LLC boosted its holdings in Palantir Technologies by 1.6% during the third quarter. Traveka Wealth LLC now owns 3,695 shares of the company's stock worth $674,000 after purchasing an additional 57 shares during the last quarter. Finally, AlphaQuest LLC boosted its holdings in Palantir Technologies by 15.8% during the third quarter. AlphaQuest LLC now owns 425 shares of the company's stock worth $78,000 after purchasing an additional 58 shares during the last quarter. 45.65% of the stock is owned by institutional investors.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: Won a $300M USDA agreement to modernize farm program operations and national farm security — a meaningful, non‑defense expansion of Palantir’s government footprint that supports durable revenue growth. Palantir Aims to Protect the U.S. Food Supply. Is Its $300M USDA Deal Important for PLTR Stock?
• Positive Sentiment: Multiple federal contract wins and a reported Pentagon program of record (plus cited DHS and FAA opportunities) reinforce Palantir’s government revenue runway and give analysts confidence in multi‑year visibility. This is a key driver behind recent bullish analyst notes. Why Palantir's Story Just Entered A New Phase
• Positive Sentiment: New buy coverage from DZ Bank (launch at Buy, $175 target) and other bullish analyst updates are providing near‑term support and a higher reference price for investors. DZ Bank Just Launched Palantir at Buy With a $175 Target
• Positive Sentiment: Macro AI narrative and coverage placing Palantir among AI “trillion‑dollar contenders” (AIP platform and boot camps highlighted) support long‑term upside expectations for investors focused on AI platform plays. Palantir Technologies (PLTR): The Trillion-Dollar Contender Nobody Is Talking About
• Neutral Sentiment: Vanyar and third‑party ecosystem builds (AIP/Foundry specialists) could accelerate enterprise adoption but are early stage — important for execution but not immediate revenue drivers. Palantir and AIP Specialist Firm, Vanyar, Launches
• Negative Sentiment: Activist/ESG pressure: campaigners urged the Swiss National Bank to sell its ~$1.1B Palantir stake over immigration‑enforcement ties — reputational risk that can attract headline volatility and politically driven selling. Swiss National Bank Urged to Offload $1.1B Palantir (PLTR) Stake, Here’s Why
• Negative Sentiment: Shares recently pulled back sharply (single‑day drops ~7–8%) as a broader software/AI rotation and short‑term risk‑off hit growth names — traders selling into headlines despite contract wins. That momentum swing is the main reason for intraday weakness. Here's Why Palantir Stock Is Dropping 8% Despite A $300 Million Contract Win
• Negative Sentiment: Critical commentary (AI no longer differentiator; warnings that Wall Street may be overly optimistic) highlights execution and valuation risks — useful caution for investors chasing momentum. Palantir: AI No Longer A Differentiator

Palantir Technologies Stock Up 1.1%

NASDAQ PLTR opened at $143.09 on Friday. The company's 50 day moving average is $144.74 and its 200-day moving average is $163.87. Palantir Technologies Inc. has a 12-month low of $105.32 and a 12-month high of $207.52. The firm has a market cap of $342.23 billion, a P/E ratio of 227.13, a price-to-earnings-growth ratio of 2.72 and a beta of 1.68.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted its quarterly 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 23.81%. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the firm posted $0.14 earnings per share. The company's quarterly revenue was up 70.0% compared to the same quarter last year. Equities analysts expect that Palantir Technologies Inc. will post 1.05 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on PLTR shares. Robert W. Baird upgraded shares of Palantir Technologies from a "neutral" rating to an "outperform" rating and set a $200.00 price target on the stock in a report on Tuesday, February 3rd. Benchmark started coverage on shares of Palantir Technologies in a report on Wednesday, April 1st. They set a "hold" rating on the stock. Phillip Securities cut their price target on shares of Palantir Technologies from $208.00 to $190.00 and set a "buy" rating on the stock in a report on Wednesday, April 1st. Truist Financial started coverage on shares of Palantir Technologies in a report on Tuesday, January 6th. They set a "buy" rating and a $223.00 price target on the stock. Finally, William Blair upgraded shares of Palantir Technologies from a "market perform" rating to an "outperform" rating in a report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Palantir Technologies has a consensus rating of "Moderate Buy" and an average price target of $196.35.

Insider Buying and Selling

In other news, insider Jeffrey Buckley sold 1,232 shares of the business's stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $129.08, for a total value of $159,026.56. Following the sale, the insider owned 43,108 shares of the company's stock, valued at $5,564,380.64. The trade was a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Stephen Andrew Cohen sold 327,088 shares of the business's stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the completion of the sale, the insider directly owned 592 shares in the company, valued at approximately $79,162.24. This trade represents a 99.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,029,879 shares of company stock valued at $137,746,253. Corporate insiders own 9.23% of the company's stock.

Palantir Technologies 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.

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