Insider Selling: Palantir Technologies (NASDAQ:PLTR) Insider Sells $3,620,700.00 in Stock

Palantir Technologies Inc. (NASDAQ:PLTR – Get Free Report) insider Ryan Taylor sold 18,000 shares of Palantir Technologies stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $201.15, for a total transaction of $3,620,700.00. Following the completion of the sale, the insider owned 274,667 shares of the company’s stock, valued at approximately $55,249,267.05. This trade represents a 6.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Palantir Technologies Price Performance

PLTR opened at $200.50 on Friday. The stock has a market capitalization of $481.81 billion, a PE ratio of 171.37, a P/E/G ratio of 3.54 and a beta of 1.60. The firm’s fifty day moving average price is $182.33 and its 200 day moving average price is $151.76. Palantir Technologies Inc. has a 12-month low of $106.37 and a 12-month high of $212.94.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The firm had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The firm’s revenue was up 92.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.16 EPS. On average, equities research analysts forecast that Palantir Technologies Inc. will post 1.31 earnings per share for the current fiscal year.

Institutional Trading of Palantir Technologies

A number of institutional investors and hedge funds have recently modified their holdings of the business. Patriot Investment Management Group Inc. bought a new position in shares of Palantir Technologies during the third quarter valued at approximately $216,000. ACT Advisors LLC. lifted its holdings in shares of Palantir Technologies by 18.0% in the 3rd quarter. ACT Advisors LLC. now owns 2,299 shares of the company’s stock worth $430,000 after purchasing an additional 350 shares during the last quarter. Quattro Financial Advisors LLC bought a new stake in shares of Palantir Technologies in the 3rd quarter worth approximately $323,000. Ellsworth Advisors LLC bought a new stake in shares of Palantir Technologies in the 3rd quarter worth approximately $229,000. Finally, Andrews Advisory Associates LLC lifted its holdings in shares of Palantir Technologies by 4.5% in the 3rd quarter. Andrews Advisory Associates LLC now owns 2,913 shares of the company’s stock worth $545,000 after purchasing an additional 125 shares during the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently commented on PLTR shares. Cantor Fitzgerald started coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They set an “overweight” rating on the stock. Jefferies Financial Group reiterated an “underperform” rating and issued a $80.00 price target on shares of Palantir Technologies in a research note on Tuesday, August 4th. Wolfe Research assumed coverage on Palantir Technologies in a report on Tuesday, August 4th. They issued a “buy” rating for the company. Mizuho boosted their price objective on Palantir Technologies from $215.00 to $245.00 and gave the company an “outperform” rating in a report on Thursday. Finally, William Blair restated an “outperform” rating on shares of Palantir Technologies in a research note on Wednesday, August 26th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Palantir Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $201.61.

Read Our Latest Report on PLTR

Palantir Technologies News Summary

Here are the key news stories impacting Palantir Technologies this week:

  • Positive Sentiment: Palantir agreed to deploy its Foundry and Artificial Intelligence Platform (AIP) with Customers Bank to automate commercial-client onboarding while preserving a high-touch banking experience. The deal expands Palantir’s commercial footprint into banking and supports the company’s broader strategy of converting AI demand into recurring enterprise contracts. Palantir Customers Bank collaboration
  • Positive Sentiment: Surf Air Mobility signed its fifth OperatorOS contract, with Flying Zebra, for aviation software powered by Palantir. Although the agreement is with Surf Air rather than directly with Palantir, it provides another example of AIP-related technology gaining commercial adoption. Surf Air and Flying Zebra contract
  • Positive Sentiment: Goldman Sachs upgraded Palantir to Buy from Neutral, while separate valuation research lifted its fair-value estimate to approximately $205.27 from $195.57. These actions reinforce optimism about Palantir’s AI execution, commercial growth and sovereign-AI opportunities. Palantir fair value estimate
  • Neutral Sentiment: Palantir cofounder Peter Thiel and Chief Technology Officer Shyam Sankar made highly controversial comments criticizing AI regulation and AI-safety advocates. The remarks may appeal to some investors but could also increase reputational or regulatory concerns; they do not directly change Palantir’s financial outlook. Palantir CTO comments
  • Negative Sentiment: Valuation remains the main overhang. With Palantir trading at roughly 171 times earnings and near its 12-month high, analysts warn that substantial future growth is already priced in, leaving limited room for weaker guidance or a slowdown in AI spending. Palantir valuation concerns
  • Negative Sentiment: ARK Invest, managed by Cathie Wood, sold approximately $6.3 million of Palantir shares while reallocating capital to other AI companies. Recent Rule 10b5-1 sales by Palantir directors and executives add to the perception that some insiders are monetizing the rally. ARK Invest Palantir sale
  • Negative Sentiment: Investors face a high expectations bar ahead of the expected November 2 earnings report. Palantir’s strong revenue growth and repeated earnings beats support the bullish case, but they also increase the risk of profit-taking if results or forecasts fail to exceed elevated expectations. Palantir earnings expectations

About Palantir Technologies

(Get Free Report)

Palantir Technologies Inc (NASDAQ: PLTR) develops software platforms that help organizations integrate, analyze and act on large and complex datasets. Its principal platforms include Gotham, which is designed primarily for government and defense applications; Foundry, which supports commercial and institutional data operations; Apollo, which helps deploy and manage software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects large language models and other AI tools with an organization’s data and workflows.

The company serves government agencies, defense and intelligence organizations, and commercial businesses in industries such as manufacturing, healthcare, energy and financial services.

Further Reading

Insider Buying and Selling by Quarter for Palantir Technologies (NASDAQ:PLTR)

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