Palantir Technologies Attracts New Institutional Stakes Worth Over $1.9 million
Gilpin Wealth Management LLC disclosed a fourth‑quarter purchase of 4,632 Palantir Technologies shares valued at about $823,000. Sharpepoint LLC reported buying 6,415 shares in the same quarter for roughly $1.14 million. 13F filings also highlighted larger investors expanding their Palantir positions, including Norges Bank, Vanguard Group, State Street Corp, Amundi and Daiwa Securities Group.
Analysts have recently upgraded Palantir, with Argus moving to a "buy" rating and a consensus price target near $193. Insider transactions continued, as Alexander C. Karp sold 397,744 shares for $54 million and Jeffrey Buckley sold 830 shares for $114,000, both citing tax‑withholding reasons.