Palantir Technologies (NASDAQ:PLTR) Insider Shyam Sankar Sells 168,004 Shares

Palantir Technologies Inc. (NASDAQ:PLTR) insider Shyam Sankar sold 168,004 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $22,465,494.88. Following the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at $85,953,343.92. This represents a 20.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Palantir Technologies Stock Down 1.3%

Shares of PLTR stock traded down $1.76 during trading hours on Tuesday, hitting $128.84. 47,000,687 shares of the company’s stock traded hands, compared to its average volume of 59,048,212. The stock’s fifty day simple moving average is $162.65 and its two-hundred day simple moving average is $170.75. Palantir Technologies Inc. has a 12-month low of $66.12 and a 12-month high of $207.52. The stock has a market cap of $307.08 billion, a price-to-earnings ratio of 204.51, a PEG ratio of 2.51 and a beta of 1.64.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, February 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the previous year, the business posted $0.14 EPS. Palantir Technologies’s revenue was up 70.0% compared to the same quarter last year. On average, equities analysts forecast that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Institutional Trading of Palantir Technologies

A number of hedge funds have recently bought and sold shares of the company. Bare Financial Services Inc increased its position in shares of 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 during the last quarter. Basepoint Wealth LLC purchased a new position in shares of Palantir Technologies in the fourth quarter worth approximately $29,000. Financial Consulate Inc. bought a new stake in Palantir Technologies during the third quarter valued at approximately $30,000. Retirement Wealth Solutions LLC purchased a new stake in Palantir Technologies during the third quarter valued at approximately $31,000. Finally, United Financial Planning Group LLC bought a new position in Palantir Technologies in the third quarter worth approximately $32,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Wall Street Analyst Weigh In

PLTR has been the subject of a number of research analyst reports. William Blair raised Palantir Technologies from a “market perform” rating to an “outperform” rating in a report on Monday, February 2nd. CICC Research upped their price target on Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a report on Wednesday, November 12th. Bank of America increased their price objective on Palantir Technologies from $215.00 to $255.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Weiss Ratings lowered Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Finally, Loop Capital lowered their target price on shares of Palantir Technologies from $230.00 to $220.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $191.05.

Palantir Technologies News Roundup

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

• Positive Sentiment: DISA granted Palantir Impact Level 6 provisional authorization for PFCS Forward, allowing deployment of Palantir’s stack in the most sensitive DoD cloud/edge environments — a strategic win that expands TAM and supports government revenue durability. Palantir Just Opened a New DoD Door—What Changes Now?
• Positive Sentiment: Palantir signed a large U.S. Department of Homeland Security software agreement (reported as ~$1B scope) and announced a Rackspace partnership to deploy Foundry/AIP — both bolster commercial/government pipeline and recurring revenue prospects. Palantir’s DHS Deal And Rackspace Tie Up Contrast With European Pushback
• Positive Sentiment: Mizuho and other boutiques have turned bullish, arguing Palantir is in a “category of one” with strong margin expansion— analyst praise that can support upside if momentum returns. Palantir is in a ‘category of one.’ Why Mizuho says you should buy PLTR stock now.
• Neutral Sentiment: Momentum/bull-case writeups (Zacks, Motley Fool, MarketBeat) highlight strong earnings, guidance and AIP adoption — supportive long-term, but not enough on their own to stop near‑term selling given valuation and market context. Palantir and 2 High-Momentum Stocks to Buy Now for Big Gains
• Neutral Sentiment: Several analyst/opinion pieces debate valuation (overvalued vs. dirt‑cheap). These generate trading interest but produce mixed signals for near‑term price direction. Is Palantir Stock Overvalued or Dirt Cheap? The Answer Might Blow Your Mind.
• Negative Sentiment: Large headline pullbacks — articles citing a 35–38% fall from recent highs — are amplifying fear and triggering technical selling after a steep rally, pressuring short‑term price action. Palantir Stock Drops 38%. Should You Buy PLTR for 2026 or Stay Away?
• Negative Sentiment: Governance and legal headlines (criticism from high‑profile short sellers, lawsuits in Europe, and removal from some institutional lists) are creating investor uncertainty around insider behavior and geopolitical/regulatory exposure. Why Are Palantir Technologies Shares Sliding Tuesday?
• Negative Sentiment: Short-term technical/market risk: PLTR’s high beta makes it vulnerable to broader AI/tech earnings swings and profit-taking; some analysts warn the stock is priced for near‑perfect execution. Palantir Technologies: Even This Plunge Doesn’t Make Shares Investment-Worthy

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.