Insider Selling: Palantir Technologies (NASDAQ:PLTR) Insider Sells 1,712 Shares of Stock

Palantir Technologies Inc. (NASDAQ:PLTR) insider Jeffrey Buckley sold 1,712 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total value of $232,900.48. Following the completion of the sale, the insider owned 62,537 shares of the company’s stock, valued at $8,507,533.48. This represents a 2.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 Friday, May 22nd, Jeffrey Buckley sold 830 shares of Palantir Technologies stock. The stock was sold at an average price of $137.41, for a total value of $114,050.30.
• 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 value of $159,026.56.

Palantir Technologies Stock Down 0.4%

Shares of PLTR stock traded down $0.53 during mid-day 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. The firm’s 50 day simple moving average is $142.88 and its 200 day simple moving average is $157.76. Palantir Technologies Inc. has a one year low of $118.93 and a one year high of $207.52. The firm 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 announced its quarterly earnings data on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter last year, the company earned $0.13 EPS. The company’s quarterly revenue was up 84.7% on a year-over-year basis. Sell-side analysts forecast that Palantir Technologies Inc. will post 1.18 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Palantir Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Gallacher Capital Management LLC increased its holdings in Palantir Technologies by 2.2% during the 3rd quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company’s stock valued at $447,000 after purchasing an additional 53 shares in the last quarter. Bare Financial Services Inc increased its holdings in Palantir Technologies by 54.5% during 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. AlphaQuest LLC increased its holdings in Palantir Technologies by 15.8% during the 3rd quarter. AlphaQuest LLC now owns 425 shares of the company’s stock valued at $78,000 after purchasing an additional 58 shares in the last quarter. Beaumont Financial Advisors LLC increased its holdings in Palantir Technologies by 2.0% during the 4th quarter. Beaumont Financial Advisors LLC now owns 2,965 shares of the company’s stock valued at $527,000 after purchasing an additional 59 shares in the last quarter. Finally, Transcend Capital Advisors LLC increased its holdings in Palantir Technologies by 0.6% during the 4th quarter. Transcend Capital Advisors LLC now owns 10,635 shares of the company’s stock valued at $1,890,000 after purchasing an additional 60 shares in the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Key Palantir Technologies News

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

Analyst Ratings Changes

A number of analysts have commented on PLTR shares. Freedom Capital upgraded Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 13th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $200.00 target price on shares of Palantir Technologies in a report on Tuesday, February 3rd. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 target price on shares of Palantir Technologies in a report on Thursday. Wedbush reissued an “outperform” rating and issued a $230.00 target price on shares of Palantir Technologies in a report on Tuesday, May 5th. Finally, DZ Bank assumed coverage on Palantir Technologies in a report on Thursday, April 23rd. They issued a “buy” rating and a $175.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus 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.