Palantir Technologies (NASDAQ:PLTR) Trading Down 1.3% on Insider Selling

Palantir Technologies Inc. (NASDAQ:PLTR) shares were down 1.3% during mid-day trading on Tuesday following insider selling activity. The stock traded as low as $126.37 and last traded at $128.84. Approximately 46,886,524 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 51,108,727 shares. The stock had previously closed at $130.60.

Specifically, insider Alexander C. Karp sold 493,025 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.78, for a total transaction of $65,956,884.50. Following the completion of the transaction, the insider owned 6,432,258 shares in the company, valued at approximately $860,507,475.24. This represents a 7.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Stephen Andrew Cohen sold 327,088 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 $43,738,207.36. Following the completion of the sale, the insider directly owned 592 shares in the company, valued at approximately $79,162.24. This represents a 99.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 sale, the insider directly owned 642,786 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available at the SEC website.

Analysts Set New Price Targets

PLTR has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $200.00 price target on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Freedom Capital raised Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 13th. Daiwa Securities Group upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 target price on the stock in a report on Tuesday, February 10th. The Goldman Sachs Group cut their price target on shares of Palantir Technologies from $188.00 to $182.00 in a research note on Tuesday, February 3rd. Finally, Phillip Securities assumed coverage on shares of Palantir Technologies in a research report on Thursday, January 22nd. They issued a “buy” rating and a $208.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $191.05.

Palantir Technologies News Summary

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

• Positive Sentiment: UBS upgraded PLTR from Neutral to Buy and set a $180 price target (~32% upside from recent levels), giving institutional buyers a catalyst for fresh demand. Palantir upgraded by UBS after recent sell-off
• Positive Sentiment: New partnerships and contract wins (Rackspace implementation tie, reported DHS/DoD support, GE Aerospace work) strengthen Palantir’s revenue pipeline and AIP/Foundry enterprise rollout story. These are tangible demand drivers for recurring revenue. Why Are Palantir Shares Trading Higher On Wednesday?
• Positive Sentiment: Nvidia CEO comments and broader AI-positive headlines buoy sentiment for AI platform vendors like Palantir, supporting momentum among tech investors. Palantir Stock Investors Just Got Spectacular News from Nvidia CEO Jensen Huang
• Neutral Sentiment: Comparative and deep-dive pieces (Zacks, InvestorPlace) reiterate Palantir’s strength in commercial AI and AIP adoption but underline that much depends on converting pilots to multi‑year deals — supportive long term, mixed short term. Palantir vs. Zeta
• Neutral Sentiment: Analyst debate on whether PLTR’s premium multiple is justified keeps trading choppy: strong growth supports bulls, but valuation leaves little room for execution misses. Can Palantir (PLTR) Justify a Premium Price
• Negative Sentiment: Large insider selling (CEO Alex Karp, other executives) and recent clustered Form 4 filings are a clear negative for sentiment — heavy insider exits amplify fear and can pressure the stock, especially after a recent pullback. Monster insider trading alert for Palantir stock
• Negative Sentiment: Governance and legal scrutiny (headquarters move to Miami, jet reimbursement questions, lawsuits in Europe) add risk premium and could deter some institutional holders. Palantir Move To Miami Tests Governance Concerns And Growth Expectations
• Negative Sentiment: Prominent skeptics (Michael Burry, short‑sell commentary) and stories emphasizing a 30%+ pullback highlight valuation risk — at high P/E and elevated beta, PLTR is vulnerable to profit‑taking if AI enthusiasm cools. Michael Burry Says Palantir Is Worth $46

Palantir Technologies Price Performance

The company has a market cap of $324.00 billion, a P/E ratio of 215.78, a PEG ratio of 2.58 and a beta of 1.64. The stock has a 50-day moving average of $160.79 and a 200 day moving average of $170.25.

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

Hedge Funds Weigh In On Palantir Technologies

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in Palantir Technologies by 0.7% during 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 during the period. State Street Corp boosted its position in shares of Palantir Technologies by 1.1% during the 4th quarter. State Street Corp now owns 102,385,317 shares of the company’s stock valued at $18,198,990,000 after purchasing an additional 1,126,418 shares in the last quarter. Geode Capital Management LLC grew its stake in Palantir Technologies by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company’s stock worth $9,599,882,000 after purchasing an additional 805,047 shares during the period. Norges Bank acquired a new stake in Palantir Technologies during the fourth quarter worth approximately $5,149,641,000. Finally, Invesco Ltd. increased its holdings in Palantir Technologies by 2.8% in the fourth quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock worth $3,984,281,000 after purchasing an additional 616,297 shares in the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

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.