David Glazer Sells 17,438 Shares of Palantir Technologies (NASDAQ:PLTR) Stock

Palantir Technologies Inc. (NASDAQ:PLTR) insider David Glazer sold 17,438 shares of Palantir Technologies stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $2,331,809.36. Following the sale, the insider directly owned 392,370 shares in the company, valued at approximately $52,467,716.40. This trade represents a 4.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Palantir Technologies Price Performance

PLTR stock traded down $1.76 on Tuesday, reaching $128.84. The company’s stock had a trading volume of 47,000,687 shares, compared to its average volume of 59,048,212. Palantir Technologies Inc. has a 52 week low of $66.12 and a 52 week high of $207.52. The company has a market capitalization of $307.08 billion, a P/E ratio of 204.51, a price-to-earnings-growth ratio of 2.51 and a beta of 1.64. The firm has a fifty day moving average of $162.65 and a two-hundred day moving average of $170.75.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the firm posted $0.14 EPS. The firm’s quarterly revenue was up 70.0% on a year-over-year basis. As a group, equities analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have commented on PLTR. Raymond James Financial reissued a “market perform” rating on shares of Palantir Technologies in a research note on Tuesday, November 4th. Daiwa Securities Group upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a report on Tuesday, February 10th. Robert W. Baird raised Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 target price on the stock in a report on Tuesday, February 3rd. CICC Research upped their target price on Palantir Technologies from $128.00 to $150.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 12th. Finally, Zacks Research lowered Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $191.05.

Institutional Trading of Palantir Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in PLTR. Decker Retirement Planning Inc. lifted its position in shares of Palantir Technologies by 778.7% in the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock valued at $11,187,000 after acquiring an additional 54,347 shares in the last quarter. Vanguard Group Inc. grew its position in Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after purchasing an additional 7,194,216 shares in the last quarter. Prentice Wealth Management LLC purchased a new position in Palantir Technologies during the 3rd quarter worth approximately $550,000. Watershed Private Wealth LLC boosted its position in shares of Palantir Technologies by 75.3% in the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock worth $1,423,000 after buying an additional 3,350 shares during the period. Finally, State of Michigan Retirement System grew its holdings in shares of Palantir Technologies by 1.3% during the second quarter. State of Michigan Retirement System now owns 938,400 shares of the company’s stock valued at $127,923,000 after buying an additional 12,300 shares in the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

More Palantir Technologies News

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

• Positive Sentiment: DISA granted Palantir Impact Level 6 provisional authorization for PFCS Forward, allowing deployment of Palantir’s stack in the most sensitive DoD cloud/edge environments — a strategic win that expands TAM and supports government revenue durability. Palantir Just Opened a New DoD Door—What Changes Now?
• Positive Sentiment: Palantir signed a large U.S. Department of Homeland Security software agreement (reported as ~$1B scope) and announced a Rackspace partnership to deploy Foundry/AIP — both bolster commercial/government pipeline and recurring revenue prospects. Palantir’s DHS Deal And Rackspace Tie Up Contrast With European Pushback
• Positive Sentiment: Mizuho and other boutiques have turned bullish, arguing Palantir is in a “category of one” with strong margin expansion— analyst praise that can support upside if momentum returns. Palantir is in a ‘category of one.’ Why Mizuho says you should buy PLTR stock now.
• Neutral Sentiment: Momentum/bull-case writeups (Zacks, Motley Fool, MarketBeat) highlight strong earnings, guidance and AIP adoption — supportive long-term, but not enough on their own to stop near‑term selling given valuation and market context. Palantir and 2 High-Momentum Stocks to Buy Now for Big Gains
• Neutral Sentiment: Several analyst/opinion pieces debate valuation (overvalued vs. dirt‑cheap). These generate trading interest but produce mixed signals for near‑term price direction. Is Palantir Stock Overvalued or Dirt Cheap? The Answer Might Blow Your Mind.
• Negative Sentiment: Large headline pullbacks — articles citing a 35–38% fall from recent highs — are amplifying fear and triggering technical selling after a steep rally, pressuring short‑term price action. Palantir Stock Drops 38%. Should You Buy PLTR for 2026 or Stay Away?
• Negative Sentiment: Governance and legal headlines (criticism from high‑profile short sellers, lawsuits in Europe, and removal from some institutional lists) are creating investor uncertainty around insider behavior and geopolitical/regulatory exposure. Why Are Palantir Technologies Shares Sliding Tuesday?
• Negative Sentiment: Short-term technical/market risk: PLTR’s high beta makes it vulnerable to broader AI/tech earnings swings and profit-taking; some analysts warn the stock is priced for near‑perfect execution. Palantir Technologies: Even This Plunge Doesn’t Make Shares Investment-Worthy

About Palantir Technologies

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.