Palantir Technologies (NASDAQ:PLTR) Insider Sells 84,680 Shares of Company Stock

Palantir Technologies Inc. (NASDAQ:PLTR) insider Shyam Sankar sold 84,680 shares of the firm’s stock in a transaction dated Wednesday, November 11th. The stock was sold at an average price of $175.07, for a total value of $14,824,927.60. Following the transaction, the insider owned 857,616 shares of the company’s stock, valued at $150,142,833.12. This trade represents a 8.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Shyam Sankar also recently made the following trade(s):

• On Tuesday, November 10th, Shyam Sankar sold 300,000 shares of Palantir Technologies stock. The stock was sold at an average price of $167.03, for a total value of $50,109,000.00.

Palantir Technologies Trading Down 2.1%

PLTR stock traded down $3.59 during trading on Friday, hitting $167.99. The company had a trading volume of 15,160,139 shares, compared to its average volume of 25,516,524. The business has a 50-day moving average of $185.08 and a 200-day moving average of $153.81. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $212.94. The stock has a market cap of $403.69 billion, a PE ratio of 153.20, a PEG ratio of 3.47 and a beta of 1.65.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, November 2nd. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Palantir Technologies had a net margin of 50.34% and a return on equity of 30.49%. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter in the prior year, the firm posted $0.21 EPS. The company’s revenue for the quarter was up 95.9% compared to the same quarter last year. Research analysts forecast that Palantir Technologies Inc. will post 1.36 EPS for the current year.

Hedge Funds Weigh In On Palantir Technologies

Institutional investors have recently made changes to their positions in the stock. Headlands Technologies LLC acquired a new stake in Palantir Technologies in the third quarter valued at approximately $1,083,000. Empowered Funds LLC raised its position in shares of Palantir Technologies by 72.7% during the third quarter. Empowered Funds LLC now owns 487,297 shares of the company’s stock worth $91,149,000 after purchasing an additional 205,181 shares during the period. Tocqueville Asset Management L.P. lifted its holdings in shares of Palantir Technologies by 3.0% in the 3rd quarter. Tocqueville Asset Management L.P. now owns 69,539 shares of the company’s stock worth $13,007,000 after purchasing an additional 2,052 shares in the last quarter. Mayport LLC lifted its holdings in shares of Palantir Technologies by 2.4% in the 3rd quarter. Mayport LLC now owns 6,734 shares of the company’s stock worth $1,260,000 after purchasing an additional 161 shares in the last quarter. Finally, Caxton Associates LLP bought a new position in shares of Palantir Technologies in the 3rd quarter worth $160,156,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Key Stories Impacting Palantir Technologies

Investors following PLTR have been watching these stories:

• Positive Sentiment: Palantir’s Rule of 40 score reached 158% in Q3 2026, reflecting a combination of rapid revenue growth and stronger profitability. The company also reported 165% net dollar retention, supporting the case for continued customer expansion. Article: PLTR’s Rule of 40 Hits 158%
• Positive Sentiment: Recent commentary argues Palantir’s growth story remains strong, with its AI software helping drive substantial business momentum. This provides a fundamental counterpoint to the stock’s recent weakness. Article: Palantir: High-Quality Growth Should Never Be Cheap
• Negative Sentiment: Investors are also focused on deceleration in contract-related growth indicators versus the previous quarter, which may raise questions about future demand. A planned sale of 84,680 shares by CTO Shyam Sankar—and another recent planned sale filing—could add to negative sentiment, though insider sales do not necessarily signal a lack of confidence. Article: Why Palantir Technologies Stock Is Down

Analyst Ratings Changes

A number of brokerages recently weighed in on PLTR. Robert W. Baird set a $250.00 target price on shares of Palantir Technologies in a research note on Monday, October 12th. Roth Capital initiated coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They set a “buy” rating on the stock. Raymond James Financial set a $255.00 price target on shares of Palantir Technologies in a research report on Wednesday, November 4th. Yorkville Ives began coverage on Palantir Technologies in a report on Tuesday, October 6th. They set an “outperform” rating and a $250.00 price target for the company. Finally, Benchmark reissued a “hold” rating on shares of Palantir Technologies in a research report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Palantir Technologies presently has an average rating of “Moderate Buy” and an average price target of $216.20.

Palantir Technologies Company Profile

Palantir Technologies is a software company that develops platforms for integrating, analyzing and using data to support operational decisions. Its products are designed to help organizations work with large, complex datasets while managing access and security. The company’s platforms include Gotham, used primarily by government and intelligence customers; Foundry, designed for commercial and other organizations; Apollo, which supports the deployment and management of software; and Artificial Intelligence Platform (AIP), which helps organizations use artificial intelligence with their data and operations.