Palantir Technologies (NASDAQ:PLTR) Stock Price Down 6.8% After Insider Selling

Palantir Technologies Inc. (NASDAQ:PLTR)’s stock price traded down 6.8% during trading on Thursday following insider selling activity. The company traded as low as $128.32 and last traded at $130.01. 91,477,014 shares were traded during mid-day trading, an increase of 86% from the average session volume of 49,192,688 shares. The stock had previously closed at $139.54.

Specifically, Director Lauren Elaina Friedman Stat sold 400 shares of the firm’s 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 sale, the director owned 58,287 shares of the company’s stock, valued at $8,809,497.18. This trade represents a 0.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PLTR. HSBC upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a research report on Tuesday. William Blair upgraded Palantir Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday. Hsbc Global Res raised shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Zacks Research cut shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Finally, Royal Bank Of Canada increased their price objective on Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research note on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Palantir Technologies presently 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 and raised guidance — Palantir reported ~70% YoY revenue growth and issued fiscal guidance above Street expectations, a core catalyst that drove prior rallies and supports higher analyst forecasts. Palantir: Buy The Recent Drop (Upgrade)
• Positive Sentiment: Analyst upgrades and target increases — Multiple firms raised ratings/targets after the quarter (HSBC, Deutsche Bank, Northland, William Blair, etc.), which can sustain short‑term buying and institutional interest. Deutsche Bank raises Palantir (PLTR) target to $200
• Positive Sentiment: Commercial traction & partnerships — Management highlighted accelerating U.S. commercial sales and large deal closings; Palantir also announced a strategic partnership with Cognizant to deploy Foundry/AIP in healthcare and enterprise operations. Cognizant partners with Palantir
• Neutral Sentiment: Analyst model updates — Firms like Northland issued fresh multi‑quarter EPS/target estimates (Outperform/$190) that help model future cashflows but don’t remove execution risk. Palantir Raised to Outperform at Northland Securities
• Neutral Sentiment: Minor insider selling disclosed — A director sold 400 shares (small percentage of holdings); worth noting for ownership trends but not an immediate red flag by itself. Insider sale filing
• Negative Sentiment: Insider selling + retail FOMO clash — Coverage flagged director sales and retail buying into the dip, raising questions about whether recent selling is signaling the start of a larger pullback. Palantir Stock Tanks To July Low As Insider Selling Collides With Retail FOMO
• Negative Sentiment: Valuation and contrarian warns — Commentators stress PLTR’s extreme multiples (high P/E) and argue the stock still has downside if execution slips or AI enthusiasm cools. Contrarian Take: Palantir Has a Much Bigger Problem Than Nvidia
• Negative Sentiment: AI/tech rotation and profit‑taking — Broad weakness in AI/high‑beta tech names and active profit‑taking trimmed gains despite the beat, pressuring PLTR intraday. Wall Street ends down as AI worries slam tech stocks

Palantir Technologies Trading Down 6.8%

The firm has a market capitalization of $309.87 billion, a PE ratio of 206.37, a PEG ratio of 3.97 and a beta of 1.64. The stock’s 50 day moving average price is $175.20 and its two-hundred day moving average price is $173.49.

Palantir Technologies (NASDAQ:PLTR) last issued its earnings results on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.02. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same period last year, the company posted $0.14 EPS. The business’s quarterly revenue was up 70.0% on a year-over-year basis. Analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Institutional Investors Weigh In On Palantir Technologies

A number of institutional investors have recently modified their holdings of PLTR. Revolve Wealth Partners LLC acquired a new position in Palantir Technologies during the 4th quarter worth $450,000. Bison Wealth LLC raised its stake in Palantir Technologies by 37.4% during the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after acquiring an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC lifted its holdings in Palantir Technologies by 38.0% during the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock valued at $1,447,000 after purchasing an additional 4,722 shares during the last quarter. Grimes & Company Inc. raised its stake in shares of Palantir Technologies by 10.4% in the second quarter. Grimes & Company Inc. now owns 3,408 shares of the company’s stock valued at $465,000 after acquiring an additional 322 shares during the last quarter. Finally, Trueblood Wealth Management LLC bought a new stake in Palantir Technologies during the 2nd quarter worth approximately $201,000. Institutional investors own 45.65% of the company’s stock.

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.