Bell Bank 13F: Adds $1.3M to Palantir Technologies (PLTR) Stake

Bell Bank grew its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 7,199 shares during the quarter, according to a Form 13F filing with the SEC on October 21, 2026. That move expanded the fund's total position by 93.1% to reach 14,931 shares. The reported value of the holding sat at $2,792,844 as of the filing date. Palantir closed at $201.72 on the day the filing went public.

PLTR Palantir Technologies Inc.

$201.72 ▲ +20.17% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Bell Bank's Palantir Technologies Inc. Position

Bell Bank held 7,732 shares of the software maker prior to this filing. By adding 7,199 shares, the institution nearly doubled its exposure to the company. The resulting 14,931 shares reflect a growing commitment to the data analytics firm during a period of strong share price appreciation.

Other Institutional Activity in Palantir Technologies Inc.

Other financial institutions made notable adjustments to their Palantir holdings around the same period. ARS Wealth Advisors Group opened a new stake by purchasing 1,353 shares worth about $253,079. Meanwhile, ASR Vermogensbeheer N.V. sold out its entire position, unloading all 232,093 shares it previously owned.

Palantir Technologies Inc. Stock Up 4.5%

Palantir recently traded around $201.64, which is about equal to its closing price on the filing date. The stock sits 9.6% above its 50-day moving average of $183.89 and 31.8% above its 200-day moving average of $152.99. Shares have ranged from a low of $106.37 to a high of $212.94 over the past year. The company carries a market capitalization of roughly $484.74 billion and operates with a price-to-earnings ratio of 173.90.

Recent Earnings

Palantir generated $6.16 billion in trailing twelve-month revenue. The software provider reported a net profit margin of 49.0% alongside a return on equity of 38.1%. Trailing earnings per share stand at $1.16. The company is scheduled to report its next set of financial results on November 2, 2026.

Insider Buying and Selling at Palantir Technologies Inc.

Company insiders executed several stock sales prior to the filing date. Director Eric H. Woersching sold 1,000 shares on October 9, 2026, at a price of $205.00 per share, totaling $205,000 under a planned trading program. A separate transaction by Eric H. Woersching on the same date involved another 1,000 shares at $205.00 for $205,000 without a pre-arranged plan. Director Alexander D. Moore parted with 16,000 shares on October 15, 2026, at an average price of $197.99, amounting to $3.17 million under a planned schedule. An additional sale of 16,000 shares by Alexander D. Moore occurred on October 15, 2026, valued at $3.17 million outside of a planned setup.

Analysts Set New Price Targets

Wall Street firms adjusted their views on Palantir heading into the autumn. UBS maintained a buy rating on September 15, 2026, while lifting its price target from $220.00 to $250.00. Rosenblatt kept a buy rating and a $225.00 target on September 23, 2026. Goldman Sachs upgraded the stock to a buy with a $230.00 target on October 8, 2026. Barclays initiated coverage with an overweight rating and a $265.00 target on October 9, 2026. Mizuho maintained an outperform rating on October 15, 2026, raising its target from $215.00 to $245.00. Overall, the company holds a consensus buy rating from 26 analysts.

About Palantir Technologies Inc.

Palantir Technologies Inc. develops software platforms designed for intelligence agencies and defense organizations to support counterterrorism and data-driven operations. Headquartered in Aventura, Florida, the company provides critical infrastructure software used by government and commercial clients worldwide.

Bottom Line

Bell Bank's increased stake coincides with strong momentum for Palantir shares as the company approaches its November earnings report. Investors will be watching the upcoming financial update to see if revenue growth matches the high expectations currently priced into the stock.