Palantir Technologies (NASDAQ:PLTR) Director Lauren Elaina Friedman Stat Sells 3,032 Shares of Stock

Palantir Technologies Inc. (NASDAQ:PLTR) Director Lauren Elaina Friedman Stat sold 3,032 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $165.00, for a total value of $500,280.00. Following the completion of the transaction, the director directly owned 54,107 shares in the company, valued at approximately $8,927,655. This represents a 5.31% decrease in their ownership of the stock. The sale 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 Monday, June 1st, Lauren Elaina Friedman Stat sold 1,598 shares of Palantir Technologies stock. The stock was sold at an average price of $160.00, for a total value of $255,680.00.
• On Friday, May 29th, Lauren Elaina Friedman Stat sold 1,667 shares of Palantir Technologies stock. The shares were sold at an average price of $150.00, for a total transaction of $250,050.00.

Palantir Technologies Stock Performance

PLTR stock opened at $172.01 on Friday. The company’s 50-day simple moving average is $131.76 and its 200 day simple moving average is $139.92. Palantir Technologies Inc. has a 52 week low of $106.37 and a 52 week high of $207.52. The company has a market capitalization of $412.36 billion, a PE ratio of 147.02, a price-to-earnings-growth ratio of 2.27 and a beta of 1.59.

Palantir Technologies (NASDAQ:PLTR) last announced its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The firm had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The business’s revenue was up 92.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.16 EPS. On average, analysts forecast that Palantir Technologies Inc. will post 1.24 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Milestone Asset Management LLC raised its position in Palantir Technologies by 229.5% during the 4th quarter. Milestone Asset Management LLC now owns 60,551 shares of the company’s stock valued at $10,763,000 after purchasing an additional 42,173 shares during the last quarter. VCI Wealth Management LLC boosted its holdings in shares of Palantir Technologies by 42.3% during the 4th quarter. VCI Wealth Management LLC now owns 12,187 shares of the company’s stock valued at $2,166,000 after buying an additional 3,621 shares in the last quarter. PFA Pension Forsikringsaktieselskab purchased a new stake in shares of Palantir Technologies in the 4th quarter worth about $222,143,000. Vanguard Group Inc. increased its stake in shares of Palantir Technologies by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock worth $38,295,188,000 after acquiring an additional 1,557,828 shares in the last quarter. Finally, KBC Group NV lifted its position in Palantir Technologies by 11.1% during the 4th quarter. KBC Group NV now owns 712,493 shares of the company’s stock valued at $126,646,000 after acquiring an additional 71,312 shares during the period. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on PLTR shares. Rosenblatt Securities reiterated a “buy” rating and issued a $225.00 price target on shares of Palantir Technologies in a research note on Thursday, July 30th. Wedbush began coverage on Palantir Technologies in a research note on Tuesday, June 16th. They issued an “outperform” rating on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Palantir Technologies in a research note on Friday, July 24th. Mizuho lifted their target price on Palantir Technologies from $185.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, Wolfe Research initiated coverage on Palantir Technologies in a research note on Tuesday. They set a “buy” rating for the company. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $190.73.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Exceptional second-quarter results remain the primary catalyst. Palantir reported revenue of $1.94 billion, up 93% year over year and ahead of the $1.81 billion consensus estimate. Strong U.S. commercial growth, expanding margins and raised guidance reinforced expectations that demand for its Artificial Intelligence Platform (AIP) is translating into substantial customer contracts. Palantir’s stock stages best week since 2024 — showing it’s no longer an AI loser
• Positive Sentiment: Analysts are raising earnings expectations. Northland Securities lifted its FY2026 EPS forecast to $1.24 from $1.08 and its FY2027 estimate to $1.53 from $1.39, while also raising quarterly projections. The revisions suggest the earnings surge may be more durable than a one-quarter event. Northland Securities earnings estimates
• Positive Sentiment: A weaker-than-expected July jobs report boosted technology stocks. The data reduced expectations for a near-term Federal Reserve rate hike, supporting high-growth software valuations and helping agentic-AI peers rally alongside PLTR. SpaceX and Palantir lead tech stock rally after underwhelming jobs report
• Neutral Sentiment: Technical traders viewed the move above resistance near $160 as a potential breakout, which may be attracting momentum-oriented buying. Stock of the Day: Is Palantir Breaking Out?
• Negative Sentiment: Valuation and investor selling remain important risks. With a very high earnings multiple, the stock requires continued exceptional growth. Michael Burry continues to hold a bearish position, while ARK Invest trimmed its PLTR stake after the rally, signaling that some investors are taking profits. Why Michael Burry is still shorting Palantir

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.