Inside the Law Party between Palantir, CEO Alex Karp, Retail Investors

• Retail investors have become familiar with the Palantir share since it became public in September 2020.
• Palantir Leadership has avoided the traditional ways in Wall Street and has embraced its retail investorbase.
• “It’s not cookie-cutter Wall Street, but Palantir changed the technology room and the retailer understood,” Dan Ives told BI.

For Katherine H., a 60-year-old personal chef, the recent increase in the Palantir stock has been a “god end.”

Katherine had lost her tampa, Florida home, car and many sentimental belongings for the flood, caused by Hurricane Helene just a few months ago.

But after This week’s boom in Palantir Stock, Her fortunes begin to turn.

“It came at such a time for me personally that it gives me much necessary encouragement,” Katherine told Business Insider.

She had been average dollar costs – essentially invested at regular intervals – in Palantir Since she first bought the stock in October 2020 and eventually built up a position of just over 1,000 shares for an average cost basis of about $ 14.

She is now sitting on a profit of $ 100,000, brokerage shot seen by Business Insider Show.

Katherine is among the many retail investors that have stacked into shares in AI-run data analysis company since it became public in September 2020.

The stock had a bumpy start to be sure to shop between about $ 5 and $ 30 for its first three and a half years as a public company. But after An increase of 341% in 2024 and an increase of 52% already in 2025, Palantir trades with about $ 115 per day. Stock.

With Get bulls among Wall Street -AlansPalantir may owe much of his success to his devoted base of retail investors.

One of the reasons why the tech company has such a massive subsequently among individual investors – with R/PLTR -SUBDTIT, which brings together almost 100,000 members – is due to its lively CEO, Alex Karp.

Karp founded Palantir in 2004 and has become known as a fire brand that embraces disturbance and is quick to offer spicy quotes about the company’s earnings call.

He’s pretty meme too. In the middle of a podcast interview last year, carp jumped a zynn bag and spun a book on his finger while he was asked a question.

“I can’t believe I’m saying this, but Alex Karp is perhaps the coolest thing about Palantir,” said Alex Teng, CEO of Ares Industries, in a post for x Last year, the video refers.

For Katherine, Karp was one of the reasons she had confidence in the stock.

“He’s a maverick and I think he deserves to be. He does things his way, and that certainly benefits the shareholders,” Katherine said.

Karp has long avoided the “rules” to run a public company.

He violated the traditional IPO route that depends on investment banks to market the share to institutional investors and then prioritize these investors to buy the stock at an attractive price before retail can jump in.

Instead, Palantir chose a direct list that allowed retail investors to buy the stock at the same price as institutional investors when it became public.

When he continues to lean into his retail fanbase, carp often answers questions from retail investors Before he turns to sales analysts Under earnings call. In his latest call, only two analysts – Wedbush analyst Dan Ives and Bank of America analyst Mariana Perez Mora – had given the opportunity to put inquiries about the company.

IVES told BI that he believes the retailer understood the Palantir story before traditional Wall Street institutions.

“It’s not cookie-cutter Wall Street, but Palantir changed the technology room and the retailer understood it, and I think the Palantir team also embraced it.”

“I held because it’s a solid business that was misunderstood for years and I knew it would recover and thrive,” Nick F., a 39-year-old technology consultant from Washington, DC, told BI.

Nick had thrown his future retirement in doubt after he was burned by Spac Dille a few years ago, but he decided to hold on to his nearly 1,000 shares in Palantir, partly because of Karp.

“He is a genius. Eccentric, but a genius. Laser -focused on mission and growth,” Nick said.

For Frank F., a 28-year-old business loan consultant who lives in New York City, the increase in the Palantir share has been life-changing.

Frank began to dip his toes in the investment world under the Meme share in 2020 and discovered Palantir in November 2021 and bought 1,000 shares for approx. $ 23 each.

“I held and I was a significant amount of money for me at the time. But as the company progressed and as I followed the offers they closed, I just became more and more convinced that the stock one day went to become crazy, ”Frank told Bi.

Frist until November 2023, and Frank was investing heavily in the stock, liquidating his entire Roth IRA account and investing about $ 180,000 in the Palantir share.

“I got crazy. I put everything I had. I yolo’d to Palantir for $ 19,” Frank said. “The rest is kind of story.”

Frank’s account value is now about $ 940,000, bank statements show. He trimmed some shares to about $ 80 in December to take out his original investment and now plays with “Home Bedge” that lets the rest ride.

Karp also played a major role in Frank’s confidence in the Palantir stock.

“I love the guy. I think he’s amazing, ”Frank said. “He has always been the underdog in Wall Street, and he has been shit on Wall Street for so long, and he is always just taken retail investors like myself under his wing.”

As for what he plans to do with his Palantir surplus, Frank said it would be nice to buy a Condo in New York City, but so far he plans to “kind of just hold on and chill.”

Katherine also plans to hold on to her Palantir stock.

“I’m not selling anything,” she said. “I hang on. I like it and I really think they have a really good view of what they are doing. They just continue to get contracts, all these military contracts.”

Nick said he trimmed some of his Palantir stock along the way, but still holds on to about half of his original position and is not planning to sell more shares – and now his retirement plan is back on the field.

“I’ve recovered most of my losses and back to being on the field for retirement,” Nick said.

For Palantir and its retail investors, the admiration is mutual.

“Alex, as always we have a lot of individual investors on the line. Is there anything you would like to say before we end the call,” asked Palantir’s Ana Soro Karp during the company’s earnings call this week.

“Let’s not talk to analysts about the burden of being right,” Karp replied. “I am very happy to have you on the journey and you are partners for us. Every palantiric, we are crushing it.”