Lauren Elaina Friedman Stat Sells 1,342 Shares of Palantir Technologies (NASDAQ:PLTR) Stock

Palantir Technologies Inc. (NASDAQ:PLTR) Director Lauren Friedman Stat sold 1,342 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $182.50, for a total transaction of $244,915.00. Following the sale, the director owned 52,765 shares in the company, valued at approximately $9,629,612.50. This trade represents a 2.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at 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 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 transaction of $500,280.00.

Palantir Technologies Price Performance

Shares of NASDAQ PLTR opened at $174.33 on Friday. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year high of $207.52. The firm has a 50-day moving average of $150.22 and a 200 day moving average of $143.55. The stock has a market cap of $418.93 billion, a P/E ratio of 149.00, a price-to-earnings-growth ratio of 2.58 and a beta of 1.62.

Palantir Technologies (NASDAQ:PLTR) last announced 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. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the company earned $0.16 earnings per share. The business’s revenue was up 92.8% compared to the same quarter last year. Research analysts expect that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

Institutional Trading of Palantir Technologies

Several institutional investors have recently added to or reduced their stakes in the business. Basepoint Wealth LLC purchased a new position in shares of Palantir Technologies in the fourth quarter worth $29,000. Ballast Advisors LLC purchased a new stake in shares of Palantir Technologies during the first quarter valued at $29,000. Cornerstone Financial Management LLC purchased a new stake in shares of Palantir Technologies during the fourth quarter valued at $31,000. Whipplewood Advisors LLC bought a new stake in Palantir Technologies in the 1st quarter worth about $32,000. Finally, Prudent Man Investment Management Inc. bought a new stake in Palantir Technologies in the 4th quarter worth about $35,000. 45.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on PLTR. UBS Group set a $215.00 price objective on Palantir Technologies in a research note on Tuesday, August 11th. Oppenheimer downgraded Palantir Technologies from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. DA Davidson lifted their price target on Palantir Technologies from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Citigroup cut shares of Palantir Technologies from a “buy” rating to a “market perform” rating in a research note on Tuesday, August 4th. Finally, Needham & Company LLC set a $215.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 11th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Palantir Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $192.19.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Expanded PwC alliance strengthens Palantir’s enterprise AI reach. Palantir and PwC expanded their strategic partnership to help organizations scale AI, transform mergers and acquisitions, and modernize ERP systems. PwC’s consulting network could help Palantir secure more corporate customers and larger deployments. PwC and Palantir Expand Strategic Alliance
• Positive Sentiment: Army contract adds support for the government business. Palantir won a prime agreement to deliver eight TITAN tactical intelligence ground-station systems to the U.S. Army, reportedly valued at about $192 million. The award expands Palantir’s role in defense intelligence and reinforces demand for its software and data platforms. What Does Palantir Winning Army Work Mean for AI Growth?
• Positive Sentiment: Technical momentum remains constructive. Palantir recently moved above its 20-day moving average and flashed a “golden cross” signal, which technical investors may interpret as evidence of continued short-term strength. The company’s latest reported quarter also featured 92.8% year-over-year revenue growth and earnings above analyst expectations.
• Neutral Sentiment: Investor commentary remains broadly bullish but speculative. Articles highlight Palantir as a potential AI software and cybersecurity winner, while management continues to promote secure, customized AI deployments. These views may support sentiment but do not represent new financial guidance.
• Negative Sentiment: Premium valuation leaves little room for disappointment. Palantir’s market capitalization is above $400 billion and its price-to-earnings ratio is around 149, making the stock vulnerable to profit-taking or any slowdown in growth and margins. Analysts note that its rapid expansion is already reflected in the share price. Is Palantir’s AI Growth Worth the Premium Valuation?
• Negative Sentiment: Competitive and insider-selling concerns persist. Google’s expanding government AI offerings could pressure Palantir’s public-sector opportunity. Michael Burry also renewed his bearish criticism of Palantir’s valuation and business model. Separately, a director sold $244,915 of stock under a pre-arranged Rule 10b5-1 plan, a modest negative sentiment signal. What’s Bugging Palantir’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.