Palantir Technologies (NASDAQ:PLTR) Stock: Insider Lauren Elaina Friedman Stat Sells 5,026 Shares

Palantir Technologies Inc. (NASDAQ:PLTR) Director Lauren Friedman Stat sold 5,026 shares of the business’s stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $199.00, for a total value of $1,000,174.00. Following the completion of the sale, the director directly owned 46,402 shares of the company’s stock, valued at $9,233,998. This represents a 9.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 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 Thursday, October 1st, Lauren Friedman Stat sold 1,337 shares of Palantir Technologies stock. The shares were sold at an average price of $189.95, for a total value of $253,963.15.
• On Tuesday, September 1st, Lauren Friedman Stat sold 1,342 shares of Palantir Technologies stock. The stock was sold at an average price of $182.50, for a total value of $244,915.00.
• On Wednesday, August 5th, Lauren Friedman Stat sold 3,032 shares of Palantir Technologies stock. The stock was sold at an average price of $165.00, for a total value of $500,280.00.

Palantir Technologies Stock Down 0.2%

PLTR stock traded down $0.33 during midday trading on Tuesday, hitting $208.67. 18,467,959 shares of the company traded hands, compared to its average volume of 23,837,548. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $212.94. The stock has a market capitalization of $501.45 billion, a price-to-earnings ratio of 213.26, a price-to-earnings-growth ratio of 2.87 and a beta of 1.60. The business has a 50 day simple moving average of $179.67 and a 200-day simple moving average of $150.60.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The business had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. Palantir Technologies’s revenue for the quarter was up 92.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.16 earnings per share. Equities research analysts forecast that Palantir Technologies Inc. will post 1.31 EPS for the current year.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Palantir’s bullish investment case remains centered on accelerating operating performance. Management raised fiscal 2026 revenue guidance, while the company’s latest reported quarter showed revenue growth of 92.8% year over year and earnings above analysts’ expectations. Several recent analyses argue that consensus estimates may still underestimate the company’s growth potential. Palantir guidance and stock momentum
• Positive Sentiment: The launch of Regna AI with Ondas expands Palantir’s sovereign-defense strategy. The new company will develop specialized AI models for military and mission-critical applications involving drones, surveillance systems, ground vehicles and unmanned vessels, potentially creating additional government and institutional demand. Regna AI announcement
• Positive Sentiment: Investor sentiment has improved sharply following Palantir’s recent rally. Articles point to continued AI adoption, possible expansion in commercial and government markets, and rising analyst earnings estimates; some bullish forecasts see further upside despite the stock trading above many published price targets. Analyst sentiment and valuation

Hedge Funds Weigh In On Palantir Technologies

A number of hedge funds have recently made changes to their positions in the business. Ballast Advisors LLC bought a new position in shares of Palantir Technologies during the 1st quarter worth approximately $29,000. Cornerstone Financial Management LLC bought a new stake in Palantir Technologies in the fourth quarter valued at $31,000. Whipplewood Advisors LLC bought a new stake in Palantir Technologies in the first quarter valued at $32,000. Reflection Asset Management bought a new stake in Palantir Technologies in the fourth quarter valued at $35,000. Finally, C M Bidwell & Associates Ltd. acquired a new position in Palantir Technologies during the second quarter worth $35,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on PLTR shares. Robert W. Baird set a $250.00 price target on Palantir Technologies in a research report on Monday. Piper Sandler reissued an “overweight” rating and set a $230.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 4th. BTIG Research downgraded Palantir Technologies to a “neutral” rating in a research note on Tuesday, June 16th. Roth Capital started coverage on Palantir Technologies in a report on Tuesday, August 4th. They issued a “buy” rating on the stock. Finally, Royal Bank Of Canada reaffirmed an “underperform” rating and issued a $90.00 price target on shares of Palantir Technologies in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $200.54.

Palantir Technologies Company Profile

Palantir Technologies Inc (NASDAQ: PLTR) develops software platforms that help organizations integrate, analyze and act on large and complex datasets. Its principal platforms include Gotham, which is designed primarily for government and defense applications; Foundry, which supports commercial and institutional data operations; Apollo, which helps deploy and manage software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects large language models and other AI tools with an organization’s data and workflows.

The company serves government agencies, defense and intelligence organizations, and commercial businesses in industries such as manufacturing, healthcare, energy and financial services.