Palantir Technologies (NASDAQ:PLTR) Insider Sells $2,674,818.48 in Stock

Palantir Technologies Inc. (NASDAQ:PLTR) insider Ryan Taylor sold 19,662 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $2,674,818.48. Following the completion of the transaction, the insider directly owned 199,759 shares of the company’s stock, valued at approximately $27,175,214.36. The trade was a 8.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Palantir Technologies Stock Performance

NASDAQ:PLTR traded down $0.53 during mid-day trading on Friday, hitting $136.88. 27,472,996 shares of the company’s stock traded hands, compared to its average volume of 41,201,120. The company has a fifty day moving average of $142.88 and a 200 day moving average of $157.76. Palantir Technologies Inc. has a twelve month low of $118.93 and a twelve month high of $207.52. The company has a market capitalization of $328.14 billion, a P/E ratio of 153.80, a P/E/G ratio of 2.18 and a beta of 1.52.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.33 earnings per share (EPS) 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 firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.54 billion. During the same period last year, the business posted $0.13 earnings per share. The company’s revenue for the quarter was up 84.7% compared to the same quarter last year. On average, research analysts expect that Palantir Technologies Inc. will post 1.18 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Cantor Fitzgerald reiterated a “neutral” rating and set a $138.00 price target on shares of Palantir Technologies in a research report on Friday. HSBC downgraded Palantir Technologies from a “buy” rating to a “hold” rating and decreased their target price for the company from $205.00 to $151.00 in a research report on Friday, May 1st. Northland Securities upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a research report on Tuesday, February 3rd. Citigroup raised their target price on Palantir Technologies from $210.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Loop Capital decreased their target price on Palantir Technologies from $230.00 to $220.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.76.

Institutional Investors Weigh In On Palantir Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PLTR. Bare Financial Services Inc grew its stake in shares of Palantir Technologies by 54.5% in the third quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after buying an additional 55 shares in the last quarter. Basepoint Wealth LLC purchased a new position in Palantir Technologies in the fourth quarter valued at $29,000. Morton Brown Family Wealth LLC boosted its holdings in Palantir Technologies by 250.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 175 shares of the company’s stock valued at $31,000 after purchasing an additional 125 shares during the period. Cornerstone Financial Management LLC purchased a new position in Palantir Technologies in the fourth quarter valued at $31,000. Finally, Flagship Wealth Advisors LLC purchased a new position in Palantir Technologies in the third quarter valued at $32,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Key Headlines Impacting Palantir Technologies

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

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.