Insider Selling: Palantir Technologies (NASDAQ:PLTR) Director Sells $244,915.00 in Stock

Palantir Technologies Inc. (NASDAQ:PLTR) Director Lauren Friedman Stat sold 1,342 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $182.50, for a total value of $244,915.00. Following the sale, the director owned 52,765 shares in the company, valued at $9,629,612.50. The trade was a 2.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Lauren Elaina Friedman Stat also recently made the following trade(s):

• On Wednesday, August 5th, Lauren Friedman Stat sold 3,032 shares of Palantir Technologies stock. The stock was sold at an average price of $165.00, for a total transaction of $500,280.00.

Palantir Technologies Trading Down 4.5%

NASDAQ PLTR opened at $174.33 on Friday. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $207.52. The stock has a 50-day moving average of $150.22 and a 200-day moving average of $143.55. The firm has a market cap of $418.93 billion, a PE ratio of 149.00, a price-to-earnings-growth ratio of 2.47 and a beta of 1.62.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.07. The business had revenue of $1.94 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 92.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.16 EPS. As a group, equities research analysts forecast that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

Key Palantir Technologies News

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

• Positive Sentiment: Expanded PwC alliance strengthens Palantir’s enterprise AI reach. Palantir and PwC expanded their strategic partnership to help organizations scale AI, transform mergers and acquisitions, and modernize ERP systems. PwC’s consulting network could help Palantir secure more corporate customers and larger deployments. PwC and Palantir Expand Strategic Alliance
• Positive Sentiment: Army contract adds support for the government business. Palantir won a prime agreement to deliver eight TITAN tactical intelligence ground-station systems to the U.S. Army, reportedly valued at about $192 million. The award expands Palantir’s role in defense intelligence and reinforces demand for its software and data platforms. What Does Palantir Winning Army Work Mean for AI Growth?
• Positive Sentiment: Technical momentum remains constructive. Palantir recently moved above its 20-day moving average and flashed a “golden cross” signal, which technical investors may interpret as evidence of continued short-term strength. The company’s latest reported quarter also featured 92.8% year-over-year revenue growth and earnings above analyst expectations.
• Neutral Sentiment: Investor commentary remains broadly bullish but speculative. Articles highlight Palantir as a potential AI software and cybersecurity winner, while management continues to promote secure, customized AI deployments. These views may support sentiment but do not represent new financial guidance.
• Negative Sentiment: Premium valuation leaves little room for disappointment. Palantir’s market capitalization is above $400 billion and its price-to-earnings ratio is around 149, making the stock vulnerable to profit-taking or any slowdown in growth and margins. Analysts note that its rapid expansion is already reflected in the share price. Is Palantir’s AI Growth Worth the Premium Valuation?
• Negative Sentiment: Competitive and insider-selling concerns persist. Google’s expanding government AI offerings could pressure Palantir’s public-sector opportunity. Michael Burry also renewed his bearish criticism of Palantir’s valuation and business model. Separately, a director sold $244,915 of stock under a pre-arranged Rule 10b5-1 plan, a modest negative sentiment signal. What’s Bugging Palantir’s Stock?

Hedge Funds Weigh In On Palantir Technologies

A number of hedge funds have recently bought and sold shares of the business. Parkside Financial Bank & Trust grew its stake in shares of Palantir Technologies by 2.4% in the second quarter. Parkside Financial Bank & Trust now owns 10,633 shares of the company’s stock worth $1,241,000 after acquiring an additional 246 shares during the period. Range Advisory LLC boosted its holdings in Palantir Technologies by 6.7% in the second quarter. Range Advisory LLC now owns 11,245 shares of the company’s stock worth $1,312,000 after purchasing an additional 704 shares during the last quarter. Brown Lisle Cummings Inc. grew its position in Palantir Technologies by 3.5% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 7,979 shares of the company’s stock worth $931,000 after purchasing an additional 273 shares during the period. Cornerstone Financial Management LLC grew its holdings in shares of Palantir Technologies by 53.2% in the second quarter. Cornerstone Financial Management LLC now owns 357 shares of the company’s stock worth $42,000 after acquiring an additional 124 shares during the period. Finally, Formuepleje A S bought a new position in shares of Palantir Technologies in the 2nd quarter worth approximately $1,448,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. DA Davidson boosted their price objective on shares of Palantir Technologies from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Roth Capital initiated coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They issued a “buy” rating for the company. Northland Securities set a $200.00 target price on shares of Palantir Technologies in a research note on Tuesday, August 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Palantir Technologies in a research report on Friday, July 24th. Finally, UBS Group set a $215.00 price target on shares of Palantir Technologies in a research note on Tuesday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.19.

Palantir Technologies Company Profile

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.