Palantir Technologies (NASDAQ:PLTR) Trading Down 6.8% on Insider Selling

Palantir Technologies Inc. (NASDAQ:PLTR)’s share price dropped 6.8% on Thursday after an insider sold shares in the company. The company traded as low as $128.32 and last traded at $130.01. Approximately 91,477,014 shares changed hands during trading, an increase of 86% from the average daily volume of 49,192,688 shares. The stock had previously closed at $139.54.

Specifically, Director Lauren Elaina Friedman Stat sold 400 shares of Palantir Technologies stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $151.14, for a total value of $60,456.00. Following the completion of the transaction, the director directly owned 58,287 shares in the company, valued at approximately $8,809,497.18. The trade was a 0.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Analyst Ratings Changes

Several research analysts have commented on the company. Zacks Research downgraded Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday, February 2nd. Piper Sandler reaffirmed an “overweight” rating and set a $230.00 price objective on shares of Palantir Technologies in a research note on Tuesday. HSBC upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a research note on Tuesday. Finally, Royal Bank Of Canada boosted their price target on shares of Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research report on Tuesday, November 4th. Eleven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $191.95.

Key Stories Impacting Palantir Technologies

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

• Positive Sentiment: Blowout Q4 results: Palantir reported ~ $1.4B revenue (+70% YoY), beat EPS, showed huge U.S. commercial growth and stronger margins — the core fundamental catalyst that pushed upgrades and buying interest. Analysts Boost Targets After Earnings Blowout
• Positive Sentiment: Analyst upgrades and higher targets: Multiple shops (HSBC, Deutsche Bank, Northland, others) raised ratings/targets after Q4, providing short‑term momentum and institutional interest. HSBC Upgrades PLTR to Buy
• Neutral Sentiment: Research firms raising near‑term estimates: Northland and others lifted quarterly/annual EPS and issued Outperform/price‑target notes — helpful for modeling but not unanimous buy confirmation. Northland Raises Estimates
• Neutral Sentiment: Commercial partnerships expanding reach: New Cognizant partnership to embed Palantir Foundry/AIP into healthcare and enterprise operations — supports longer‑term commercial adoption but uncertain near‑term revenue impact. Cognizant Partnership
• Neutral Sentiment: Minor insider selling disclosed (director sales) — small in dollar terms but worth monitoring for ownership trends. Insider Sale Filing
• Negative Sentiment: Valuation concerns: Despite strong growth, commentators and some sell‑side analysts warn PLTR trades at very rich multiples (high P/E, P/S), leaving the stock vulnerable to multiple compression. Valuation Concerns Weigh
• Negative Sentiment: Target trims and downgrades: A few shops pared targets or trimmed outlooks (e.g., DA Davidson), adding near‑term selling pressure despite the beat. Price Target Lowered to $180
• Negative Sentiment: Sector rotation / AI selloff: Broader tech and AI weakness has pulled high‑beta winners lower and can offset company‑specific positive news during risk‑off moves. AI Worries Slam Tech Stocks

Palantir Technologies Stock Performance

The stock has a market cap of $323.91 billion, a PE ratio of 215.72, a PEG ratio of 2.50 and a beta of 1.64. The company’s 50-day moving average price is $173.84 and its two-hundred day moving average price is $173.08.

Palantir Technologies (NASDAQ:PLTR) last announced its 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 company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same period in the previous year, the business earned $0.14 earnings per share. The firm’s quarterly revenue was up 70.0% compared to the same quarter last year. Equities research analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Palantir Technologies

Several institutional investors have recently modified their holdings of the company. Bare Financial Services Inc boosted its stake in shares of Palantir Technologies by 54.5% in the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock valued at $28,000 after purchasing an additional 55 shares in the last quarter. Financial Consulate Inc. purchased a new stake in Palantir Technologies during the third quarter valued at about $30,000. Retirement Wealth Solutions LLC bought a new position in shares of Palantir Technologies during the third quarter valued at about $31,000. United Financial Planning Group LLC purchased a new position in shares of Palantir Technologies in the third quarter worth about $32,000. Finally, Flagship Wealth Advisors LLC bought a new stake in shares of Palantir Technologies in the 3rd quarter valued at about $32,000. 45.65% of the stock is currently owned by institutional investors.

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.