Verdence Capital Advisors 13F: Adds $2.7M to PLTR Stake
Key Points
- Verdence Capital Advisors increased its position in Palantir Technologies Inc. (PLTR) by 14,374 shares, now holding 32,093 shares worth approximately $6 million.
- The fund's reported value for this position is about $604.5 million, ranking it 28th among its 758 total holdings.
- Palantir's stock is currently trading around $198.75, which is about 6.7% below its 52-week high of $212.94.
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On October 26, 2026, Verdence Capital Advisors boosted its stake in Palantir Technologies Inc. (PLTR) by 14,374 shares, increasing its total to 32,093 shares valued at approximately $6 million. This information comes from the fund's latest Form 13F filing with the SEC.
Verdence Capital Advisors vs. the S&P 500
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What Changed in Verdence Capital Advisors' Position
Verdence Capital Advisors added 14,374 shares to its position in Palantir, reflecting an 81.1% increase from the previous total of 17,719 shares. This newly adjusted stake now represents about 0.99% of the fund's total reported value of $604.5 million.
Where Palantir Fits in Verdence Capital Advisors' Portfolio
Within Verdence's portfolio, Palantir ranks 28th out of 758 holdings. The increase in shares is notable, as it contributes to the overall weight of the fund's investments.
Other Institutional Activity in Palantir
RMR Wealth Builders grew its holdings by 3,100 shares, bringing its total to 33,428 shares worth about $6.3 million. Royal Fund Management increased its stake by 10,863 shares for a total of 53,290 shares valued at approximately $9.97 million. Bell Bank added 7,199 shares, resulting in 14,931 shares worth about $2.8 million.
Palantir Technologies Inc. Stock Up 1.0%
Palantir Technologies Inc. closed at $198.84 on October 26, 2026, and is recently trading around $198.75. The stock is currently above its 50-day moving average by about 7.3% and its 200-day moving average by roughly 29.7%. However, it is about 6.7% below its 52-week high of $212.94.
Recent Earnings
Palantir reported trailing twelve-month revenue of approximately $6.16 billion, with a year-over-year revenue growth of 92.8%. The next earnings report is scheduled for November 2, 2026.
Insider Buying and Selling at Palantir Technologies Inc.
Several insiders have sold shares recently, including Officer Ryan Douglas Taylor, who sold 18,000 shares on October 8, 2026, for about $3.62 million at an average price of $201.15. Director Eric H. Woersching sold 1,000 shares on October 9, 2026, totaling $205,000 at an average price of $205.00.
Analysts Set New Price Targets
On October 8, 2026, Goldman Sachs upgraded Palantir to a Buy rating with a target price of $230. On October 9, Barclays initiated coverage with an Overweight rating and a target of $265. Mizuho maintained its Outperform rating with a new target of $245 on October 15, while Citigroup and Piper Sandler also maintained their ratings with targets of $250 and $231, respectively.
About Palantir Technologies Inc.
Palantir Technologies Inc. provides software platforms mainly for government agencies to help with counterterrorism and other operations. The company's focus on data integration and analysis positions it as a key player in the technology sector.
Bottom Line
Investors should keep an eye on Palantir's upcoming earnings report on November 2, 2026, for insights into its financial performance. The recent boost from Verdence Capital Advisors highlights the ongoing interest in this technology stock.
Source: Verdence Capital Advisors's 13F filing on $PLTR (Oct 26, 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