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Kessler Investment Group Exits $14 Million Palantir Stake After 330% Stock Surge

Retrieved on: 2025-10-09 21:33:13

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Kessler Investment Group Exits $14 Million Palantir Stake After 330% Stock Surge. View article details on hiswai:

Summary

This article by Jonathan Ponciano for The Motley Fool reports on Kessler Investment Group's complete exit from Palantir Technologies during the third quarter of 2025.

Kessler Investment Group sold its entire Palantir stake worth $14.3 million after the data analytics company's stock surged 330% over the past year. The firm completely divested 104,777 shares, which previously represented 5.9% of its fund assets. The move appears to be profit-taking following Palantir's extraordinary performance driven by artificial intelligence business growth and strong quarterly results showing $1 billion in revenue.

  • Kessler sold all Palantir shares for $14.3 million, representing 6.1% of reportable assets
  • Palantir stock gained 330% annually, vastly outperforming the S&P 500's 16% return
  • Company reported impressive Q2 results with 48% revenue growth and 93% U.S. commercial growth
  • The exit likely reflects portfolio rebalancing after exceptional gains rather than lost confidence

Article found on: www.theglobeandmail.com

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