Palantir Technologies (NASDAQ:PLTR) Stock Unloaded Rep. Jonathan L. Jackson

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Palantir Technologies Inc. (NASDAQ:PLTR). In a filing disclosed on February 23rd, the Representative disclosed that they had sold between $15,001 and $50,000 in Palantir Technologies stock on January 16th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of GE Vernova (NYSE:GEV) on 1/30/2026.
• Purchased $15,001 – $50,000 in shares of Citigroup (NYSE:C) on 1/30/2026.
• Sold $50,001 – $100,000 in shares of Shopify (NASDAQ:SHOP) on 1/30/2026.
• Sold $15,001 – $50,000 in shares of Coupang (NYSE:CPNG) on 1/22/2026.
• Purchased $50,001 – $100,000 in shares of Viasat (NASDAQ:VSAT) on 1/22/2026.
• Purchased $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 1/20/2026.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 1/20/2026.
• Purchased $50,001 – $100,000 in shares of Walmart (NASDAQ:WMT) on 1/13/2026.
• Sold $50,001 – $100,000 in shares of T-Mobile US (NASDAQ:TMUS) on 1/13/2026.
• Sold $15,001 – $50,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 12/22/2025.

Palantir Technologies Trading Up 4.2%

Shares of NASDAQ PLTR opened at $134.19 on Thursday. Palantir Technologies Inc. has a 12-month low of $66.12 and a 12-month high of $207.52. The company has a market cap of $319.83 billion, a PE ratio of 213.00, a P/E/G ratio of 2.48 and a beta of 1.64. The stock has a 50 day simple moving average of $161.79 and a 200-day simple moving average of $170.49.

Palantir Technologies (NASDAQ:PLTR) last posted its earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same period last year, the firm earned $0.14 EPS. The firm’s revenue was up 70.0% compared to the same quarter last year. Sell-side analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Major government and defense wins are boosting credibility — Palantir secured DISA Impact Level 6 provisional authorization (enables deployment in the most sensitive DoD cloud/edge environments), expanding DoD TAM and strengthening government revenue durability. Palantir Just Opened a New DoD Door—What Changes Now?
• Positive Sentiment: New partnership tied to a U.S. military contract with GE Aerospace (via the Defense Logistics Agency) highlights Palantir’s AI/supply‑chain role for the Air Force and helps prove commercial/defense revenue mix. Why Are Palantir Shares Trading Higher On Wednesday?
• Positive Sentiment: Analyst upgrades and target hikes (Mizuho Outperform / $195 target and others reiterating upside) are underpinning buying interest after recent volatility. Palantir Is in a ‘Category of One.’ Why Mizuho Says You Should Buy PLTR Stock Now.
• Neutral Sentiment: Company fundamentals remain strong on recent beats and accelerating commercial adoption (Foundry/AIP, Rackspace partnership), which supports the long‑term bull case but hasn’t removed short‑term valuation risk. Palantir Technologies Stock (PLTR) Opinions on Earnings Beat and Analyst Upgrades
• Neutral Sentiment: Trading/derivatives strategies (high‑yield put selling ideas) are appearing, indicating some investors view the pullback as an income/opportunity trade rather than outright bearish conviction. Earn A 15%+ Yield Selling Put Options On Palantir
• Negative Sentiment: Heavy insider selling (including multiple large CEO/executive filings and recent small insider sales) is fueling governance concerns and adding supply pressure—investors interpret repeated disposals as a potential red flag. Insider sales filings (SEC)
• Negative Sentiment: Renewed governance/legal headlines (move to Miami, CEO expense scrutiny) plus vocal skeptics like Michael Burry arguing much lower intrinsic value are keeping sentiment fragile and amplifying sell‑offs on technical weakness. Palantir Move To Miami Tests Governance Concerns And Growth Expectations
• Negative Sentiment: Broad AI/software sector volatility and headlines about large pullbacks (35–38% off highs) are triggering technical selling and higher beta moves in PLTR despite solid growth metrics. Palantir Stock Drops 38%. Should You Buy PLTR for 2026 or Stay Away?

Insider Transactions at Palantir Technologies

In other news, insider Shyam Sankar sold 168,004 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 $22,465,494.88. Following the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at $85,953,343.92. This trade represents a 20.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider David A. Glazer sold 17,438 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the sale, the insider owned 392,370 shares in the company, valued at $52,467,716.40. This represents a 4.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,054,279 shares of company stock worth $142,212,233 in the last three months. Insiders own 9.23% of the company’s stock.

Institutional Trading of Palantir Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bare Financial Services Inc lifted its position in shares of Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after acquiring an additional 55 shares during the last quarter. Basepoint Wealth LLC acquired a new stake in shares of Palantir Technologies during the fourth quarter worth $29,000. Financial Consulate Inc. purchased a new stake in shares of Palantir Technologies during the third quarter valued at $30,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Palantir Technologies during the third quarter valued at $31,000. Finally, United Financial Planning Group LLC acquired a new position in shares of Palantir Technologies in the 3rd quarter valued at $32,000. 45.65% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

PLTR has been the topic of a number of research analyst reports. The Goldman Sachs Group lowered their price target on Palantir Technologies from $188.00 to $182.00 in a report on Tuesday, February 3rd. Zacks Research lowered shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Royal Bank Of Canada raised their target price on shares of Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research note on Tuesday, November 4th. Robert W. Baird raised shares of Palantir Technologies from a “neutral” rating to an “outperform” rating and set a $200.00 price target for the company in a research note on Tuesday, February 3rd. Finally, Piper Sandler reiterated an “overweight” rating and issued a $230.00 price objective on shares of Palantir Technologies in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Palantir Technologies has a consensus rating of “Hold” and a consensus price target of $191.05.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

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.