ARS Wealth Advisors Group 13F: New $253K Stake in PLTR

ARS Wealth Advisors Group opened a new position in Palantir Technologies Inc. (NasdaqGS: PLTR), according to a Form 13F filing with the SEC on October 16, 2026. Because 13F filings look backward to the reported quarter, this disclosure reflects holdings as of that period and might not represent the fund's current stance today. Palantir builds data integration and software platforms used by government intelligence agencies and commercial enterprises.

Inside ARS Wealth Advisors Group's Palantir Technologies Position

The fund initiated a stake by purchasing 1,353 shares of Palantir Technologies. The reported value of the new holding stands at $253,079. Because this is a brand-new position, the fund held zero shares previously.

Other Institutional Activity in Palantir Technologies

Other large funds also made adjustments to their Palantir holdings during the period. Blackrock Inc. grew its holdings by 831,539 shares, ending with 189,817,693 shares worth about $35,311,785,197. Vanguard Capital Management LLC grew its holdings by 1,303,506 shares, ending with 146,137,514 shares worth about $27,185,961,551. State Street Corporation grew its holdings by 2,865,815 shares, ending with 104,490,468 shares worth about $19,438,361,634. Invesco Ltd. grew its holdings by 1,462,296 shares, ending with 70,438,517 shares worth about $13,103,677,231. Geode Capital Management, LLC reduced its holdings by 536,365 shares, ending with 55,334,968 shares worth about $10,293,964,029.

Palantir Technologies Inc. Stock Down 7.6%

Palantir shares recently traded around $185.79. The stock sits above its 50-day moving average of $181.12 and well above its 200-day moving average of $152.54. Over the past year, shares have moved between a low of $106.37 and a high of $212.94.

Recent Earnings

Palantir reported trailing twelve month revenue of $6.16 billion and basic earnings of $1.16 per share. The company posted a net profit margin of 49.0% alongside a return on equity of 38.1%. Revenue grew 92.8% compared to the same period last year. The next earnings update is slated for November 2, 2026.

Insider Buying and Selling at Palantir Technologies Inc.

Insider transactions included multiple sales ahead of the filing. Director Lauren Elaina Friedman Stat sold 1,337 shares on October 1, 2026, at a price of $189.95 for a total value of $253,963. Officer Ryan Douglas Taylor sold 18,000 shares on October 8, 2026, at $201.15 per share, totaling $3,620,700. On the same day, Director Lauren Elaina Friedman Stat sold another 5,026 shares at $199.00, valued at $1,000,174. Director Eric H Woersching sold 1,000 shares on October 9, 2026, at $205.00 for a total of $205,000. None of these transactions were reported as part of a Rule 10b5-1 trading plan. Insider sales do not automatically signal a bearish outlook, as executives frequently sell shares for personal financial planning or diversification.

Analysts Set New Price Targets

Wall Street firms updated their views on the software provider ahead of the filing. On September 15, 2026, UBS maintained its Buy rating while raising its price target to $250.00 from $220.00. Rosenblatt maintained a Buy rating with a $225.00 price target on September 23, 2026. Goldman Sachs upgraded the stock to Buy with a $230.00 price target on October 8, 2026. Barclays initiated coverage with an Overweight rating and a $265.00 price target on October 9, 2026. Mizuho maintained an Outperform rating on October 15, 2026, lifting its target from $215.00 to $245.00. Overall, analysts hold a consensus Buy recommendation on the stock with a mean price target of $206.43 across 26 analyst opinions.

About Palantir Technologies

Palantir Technologies designs software platforms that help large organizations integrate disparate data sources and run complex analytical operations. The company serves both defense and commercial clients globally, enabling users to manage massive datasets for critical decision-making.

Bottom Line

Investors tracking ARS Wealth Advisors Group will need to monitor subsequent regulatory disclosures to see if the firm maintains its stake in Palantir. The company's upcoming earnings release on November 2, 2026, will offer fresh insight into revenue and margin trends. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.