Palantir Technologies (NASDAQ:PLTR) Stock: Insider Eric Woersching Sells 1,000 Shares

Palantir Technologies Inc. (NASDAQ:PLTR) Director Eric Woersching sold 1,000 shares of the firm’s stock in a transaction on Friday, October 9th. The stock was sold at an average price of $205.00, for a total value of $205,000.00. Following the transaction, the director directly owned 3,465 shares of the company’s stock, valued at $710,325. The trade was a 22.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Palantir Technologies Stock Down 0.2%

Shares of NASDAQ:PLTR opened at $200.50 on Friday. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $212.94. The stock’s fifty day simple moving average is $182.33 and its 200-day simple moving average is $151.76. The company has a market capitalization of $481.81 billion, a P/E ratio of 171.37, a P/E/G ratio of 3.54 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR) 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 business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. The business’s revenue for the quarter was up 92.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.16 earnings per share. On average, sell-side analysts anticipate that Palantir Technologies Inc. will post 1.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on PLTR. Zacks Research cut shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 6th. Piper Sandler reissued an “overweight” rating and issued a $230.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 4th. Roth Capital assumed coverage on shares of Palantir Technologies in a research note on Tuesday, August 4th. They set a “buy” rating on the stock. William Blair reissued an “outperform” rating on shares of Palantir Technologies in a research note on Wednesday, August 26th. Finally, Jefferies Financial Group restated an “underperform” rating and set a $80.00 target price on shares of Palantir Technologies in a research report on Tuesday, August 4th. One equities research 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’s stock. According to MarketBeat.com, Palantir Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $201.61.

Hedge Funds Weigh In On Palantir Technologies

Several large investors have recently added to or reduced their stakes in the business. Monetary Solutions Ltd purchased a new stake in Palantir Technologies in the 4th quarter valued at about $36,000. Reflection Asset Management acquired a new position in shares of Palantir Technologies during the 4th quarter valued at about $35,000. Ballast Advisors LLC acquired a new position in shares of Palantir Technologies during the 1st quarter valued at about $29,000. Retirement Wealth Solutions LLC increased its stake in shares of Palantir Technologies by 51.7% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 217 shares of the company’s stock valued at $41,000 after acquiring an additional 74 shares during the last quarter. Finally, Dakota Community Bank & Trust NA lifted its holdings in shares of Palantir Technologies by 219.1% during the 3rd quarter. Dakota Community Bank & Trust NA now owns 217 shares of the company’s stock worth $41,000 after acquiring an additional 149 shares during the period. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

More Palantir Technologies News

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

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.