Royal Fund Management 13F: Adds $2M to PLTR Stake
Key Points
- Royal Fund Management disclosed in an SEC filing on October 22, 2026, that it boosted its Palantir Technologies Inc. holdings by 25.6%, ending with 53,290 shares worth about $9.97 million.
- Palantir Technologies Inc. recently traded around $196.29, up about 0.1% since closing at $196.19 on the filing date.
- Recent insider transactions at the software platform provider included several sales by corporate officers and directors during October 2026.
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Royal Fund Management increased its stake in Palantir Technologies Inc. PLTR by 25.6% during the period, according to a Form 13F filing disclosed with the SEC on October 22, 2026. The fund bought an additional 10,863 shares, bringing its total ownership to 53,290 shares valued at approximately $9.97 million.
What Changed in Royal Fund Management's Palantir Position
The institutional investor grew its exposure to the software infrastructure firm from 42,427 shares previously up to 53,290 shares by the end of the reporting period. That increase added 10,863 shares to the portfolio in a single reporting cycle.
Other Institutional Activity in Palantir
Other institutional investors also adjusted their positions in the software maker. Perigon Wealth Management reduced its holdings by 15,865 shares, ending with 67,843 shares worth about $12.69 million. RMR Wealth Builders grew its stake by 3,100 shares to finish with 33,428 shares valued at roughly $6.25 million. Root Financial Partners trimmed 6,112 shares, leaving it with 9,887 shares worth about $1.85 million. SBI Securities sold 71,354 shares, bringing its total down to 464,806 shares valued at $86.94 million. Meanwhile, Bell Bank lifted its holdings by 7,199 shares, resulting in a total stake of 14,931 shares worth approximately $2.79 million.
Palantir Technologies Inc. Stock Up 1.9%
Palantir shares recently traded around $196.29 as of October 23, 2026, sitting close to the $196.19 close recorded on the October 22 filing date. The stock trades well above its 200-day moving average of $152.99 and hovers below its 52-week high of $212.94.
Recent Earnings
Palantir generated $6.16 billion in trailing-twelve-month revenue alongside earnings of $1.16 per share. The company reported a net profit margin of 49.0% and a return on equity of 38.1%. Its next quarterly financial update is scheduled for release on November 2, 2026.
Dividend
Palantir does not pay a dividend to shareholders, retaining its earnings to fund ongoing software development and business operations.
Insider Buying and Selling at Palantir Technologies Inc.
Company insiders completed several stock sales during October 2026. Officer Ryan Douglas Taylor sold 18,000 shares on October 8 at an average price of $201.15 for a total value of $3.62 million. Director Lauren Elaina Friedman Stat sold 5,026 shares on October 8 at $199.00 per share, totaling about $1.00 million. Director Eric H. Woersching disposed of 1,000 shares on October 9 at $205.00 per share, worth $205,000. Finally, Director Alexander D. Moore sold 16,000 shares on October 15 in a transaction valued at roughly $3.17 million.
Analysts Set New Price Targets
Wall Street firms updated their views on the stock ahead of the filing. Rosenblatt maintained a Buy rating and a $225.00 price target on September 23. Goldman Sachs upgraded the stock to a Buy rating with a $230.00 price target on October 8. Barclays initiated coverage with an Overweight rating and a $265.00 price target on October 9. Mizuho maintained an Outperform rating while raising its price target from $215.00 to $245.00 on October 15. Citigroup maintained a Buy rating and lifted its target from $245.00 to $250.00 on October 22. Overall, the stock carries a consensus Buy rating and a mean price target of $206.43 across 26 analyst opinions.
About Palantir
Palantir Technologies Inc. builds specialized data integration and software platforms used primarily by government defense and intelligence agencies for counterterrorism and operational analysis, alongside enterprise platforms for commercial clients. Based in Aventura, Florida, the firm serves national security agencies and global businesses seeking advanced data analytics.
Bottom Line
Investors tracking Palantir will look ahead to the upcoming earnings report on November 2, 2026, for further updates on revenue growth and profit margins. Institutional filings and ongoing insider transactions will continue to provide visibility into how large stakeholders manage their positions.
Source: Royal Fund Management's 13F filing on $PLTR (Oct 22, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts