Jeffrey Buckley Sells 830 Shares of Palantir Technologies (NASDAQ:PLTR) Stock

Palantir Technologies Inc. (NASDAQ:PLTR) insider Jeffrey Buckley sold 830 shares of Palantir Technologies stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $137.41, for a total transaction of $114,050.30. Following the completion of the transaction, the insider owned 61,707 shares of the company’s stock, valued at $8,479,158.87. This represents a 1.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jeffrey Buckley also recently made the following trade(s):

• On Wednesday, May 20th, Jeffrey Buckley sold 1,712 shares of Palantir Technologies stock. The stock was sold at an average price of $136.04, for a total transaction of $232,900.48.
• On Tuesday, February 24th, Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock. The stock was sold at an average price of $129.08, for a total transaction of $159,026.56.

Palantir Technologies Stock Down 0.4%

Palantir Technologies stock traded down $0.53 during trading on Friday, reaching $136.88. The stock had a trading volume of 27,472,996 shares, compared to its average volume of 41,201,120. Palantir Technologies Inc. has a 52-week low of $118.93 and a 52-week high of $207.52. The business has a 50 day moving average price of $142.88 and a 200 day moving average price of $157.76. The stock has a market cap of $328.14 billion, a PE ratio of 153.80, a P/E/G ratio of 2.18 and a beta of 1.52.

Palantir Technologies (NASDAQ:PLTR) last issued its earnings results on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.05. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter last year, the company earned $0.13 EPS. The business’s quarterly revenue was up 84.7% on a year-over-year basis. On average, equities analysts predict that Palantir Technologies Inc. will post 1.18 EPS for the current fiscal year.

Palantir Technologies News Summary

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

• Positive Sentiment: Several recent pieces continue to highlight Palantir’s strong fundamentals, including rapid revenue growth, elevated margins, and a “Rule of 40” profile that bulls say supports further upside. Article Title
• Positive Sentiment: Rosenblatt reiterated a buy rating and a $225 price target, signaling Wall Street still sees meaningful upside from current levels. Article Title
• Positive Sentiment: Some commentary argues the recent pullback could be a buying opportunity, with analysts pointing to Palantir’s strong execution and long-term AI positioning. Article Title
• Neutral Sentiment: The stock is trending heavily in retail and media circles, which can keep attention high but does not by itself change the business outlook. Article Title
• Neutral Sentiment: Palantir continues to attract comparisons with other AI names like Nvidia and Innodata, underscoring its status as a high-profile AI stock rather than delivering a fresh company-specific catalyst. Article Title
• Negative Sentiment: Cantor Fitzgerald kept a neutral stance and said Palantir’s AI opportunity is real, but the valuation still looks too rich, reinforcing a key bear case. Article Title
• Negative Sentiment: News that Palantir is challenging the Defense Intelligence Agency over an analytics contract, along with a separate blocked U.K. police deal, adds uncertainty around government revenue opportunities. Article Title
• Negative Sentiment: Recent articles also note the stock remains well below its highs and that even bullish investors acknowledge it may need much more growth to justify today’s price. Article Title

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. WNY Asset Management LLC purchased a new position in shares of Palantir Technologies during the 1st quarter worth about $288,000. Segall Bryant & Hamill LLC acquired a new stake in Palantir Technologies during the 1st quarter worth approximately $350,000. Wellington Grp LLC increased its position in Palantir Technologies by 29.3% during the 1st quarter. Wellington Grp LLC now owns 4,451 shares of the company’s stock worth $651,000 after purchasing an additional 1,009 shares in the last quarter. Verus Capital Partners LLC increased its position in Palantir Technologies by 4.2% during the 1st quarter. Verus Capital Partners LLC now owns 104,010 shares of the company’s stock worth $15,215,000 after purchasing an additional 4,209 shares in the last quarter. Finally, Montchanin Asset Management LLC acquired a new stake in Palantir Technologies during the 1st quarter worth approximately $1,702,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on PLTR shares. Robert W. Baird raised shares of 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. William Blair raised shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research note on Monday, February 2nd. Jefferies Financial Group set a $208.00 price target on shares of Palantir Technologies in a research note on Thursday, January 22nd. Wedbush reaffirmed an “outperform” rating and set a $230.00 price target on shares of Palantir Technologies in a research note on Tuesday, May 5th. Finally, DA Davidson lowered their price target on shares of Palantir Technologies from $180.00 to $165.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Palantir Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $192.76.

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.