Rep. Jonathan L. Jackson Sells Off Shares of Palantir Technologies Inc. (NASDAQ:PLTR)

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Palantir Technologies Inc. (NASDAQ:PLTR). In a filing disclosed on February 23rd, the Representative disclosed that they had sold between $15,001 and $50,000 in Palantir Technologies stock on January 16th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of GE Vernova (NYSE:GEV) on 1/30/2026.
• Purchased $15,001 – $50,000 in shares of Citigroup (NYSE:C) on 1/30/2026.
• Sold $50,001 – $100,000 in shares of Shopify (NASDAQ:SHOP) on 1/30/2026.
• Sold $15,001 – $50,000 in shares of Coupang (NYSE:CPNG) on 1/22/2026.
• Purchased $50,001 – $100,000 in shares of Viasat (NASDAQ:VSAT) on 1/22/2026.
• Purchased $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 1/20/2026.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 1/20/2026.
• Purchased $50,001 – $100,000 in shares of Walmart (NASDAQ:WMT) on 1/13/2026.
• Sold $50,001 – $100,000 in shares of T-Mobile US (NASDAQ:TMUS) on 1/13/2026.
• Sold $15,001 – $50,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 12/22/2025.

Palantir Technologies Stock Performance

Shares of Palantir Technologies stock opened at $128.84 on Wednesday. The stock has a market cap of $307.08 billion, a price-to-earnings ratio of 204.51, a price-to-earnings-growth ratio of 2.51 and a beta of 1.64. The stock has a 50 day moving average price of $162.65 and a 200-day moving average price of $170.75. Palantir Technologies Inc. has a one year low of $66.12 and a one year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued 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. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.Palantir Technologies’s revenue was up 70.0% on a year-over-year basis. During the same period last year, the company earned $0.14 earnings per share. Sell-side analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: DISA granted Palantir provisional Impact Level 6 authorization for PFCS Forward, opening secure DoD cloud/edge deployments and expanding total addressable market for government work. Palantir Just Opened a New DoD Door—What Changes Now?
• Positive Sentiment: Palantir announced a large U.S. Department of Homeland Security software agreement (reported ~\$1B scope) and a Rackspace partnership to deploy Foundry/AIP — deals that strengthen recurring revenue and commercial deployment channels. Palantir’s DHS Deal And Rackspace Tie Up Contrast With European Pushback
• Positive Sentiment: Multiple boutiques and some analysts (e.g., Mizuho, HSBC, Citi) have raised ratings/targets, arguing Palantir’s growth, margins and AIP traction justify upside if momentum returns. Palantir is in a ‘category of one.’ Why Mizuho says you should buy PLTR stock now.
• Neutral Sentiment: Valuation debate is intense: bullish writeups highlight earnings surprise and AIP adoption, while bears warn PLTR is priced for near‑perfect execution — mixed signals for traders. Is Palantir Stock Overvalued or Dirt Cheap? The Answer Might Blow Your Mind.
• Neutral Sentiment: Technical/protective trading ideas (options strategies) are circulating as traders hedge exposure amid volatility — helpful for risk management but not a directional catalyst. Play the ‘SaaS Apocalypse’ Selloff in Palantir Stock With This 1 Winning, Protective Options Trade
• Negative Sentiment: Heavy insider selling: CEO Alex Karp (reported ~493k shares) and other executives sold large blocks at ~\$134/share recently; aggregated insider disposals amplify governance concerns and add supply into the market. Palantir Technologies (NASDAQ:PLTR) Insider Sells 1,232 Shares
• Negative Sentiment: Governance and reputation headlines — HQ move to Miami, scrutiny over CEO private jet reimbursements, European legal disputes and criticism from prominent skeptics (e.g., Michael Burry) — are creating investor uncertainty. Palantir Move To Miami Tests Governance Concerns And Growth Expectations
• Negative Sentiment: Headline-driven selling and technical pullbacks (articles highlighting 35–38% falls from peaks) are feeding momentum losses and short‑term profit‑taking. Palantir Stock Drops 38%. Should You Buy PLTR for 2026 or Stay Away?

Institutional Trading of Palantir Technologies

A number of large investors have recently modified their holdings of PLTR. Vanguard Group Inc. increased its stake in shares of Palantir Technologies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock valued at $38,295,188,000 after buying an additional 1,557,828 shares during the period. State Street Corp grew its holdings in Palantir Technologies by 1.1% during the 4th quarter. State Street Corp now owns 102,385,317 shares of the company’s stock worth $18,198,990,000 after acquiring an additional 1,126,418 shares in the last quarter. Geode Capital Management LLC increased its position in Palantir Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company’s stock valued at $9,599,882,000 after purchasing an additional 805,047 shares during the period. Norges Bank bought a new stake in shares of Palantir Technologies in the 4th quarter valued at about $5,149,641,000. Finally, Invesco Ltd. raised its holdings in shares of Palantir Technologies by 2.8% in the 4th quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock valued at $3,984,281,000 after purchasing an additional 616,297 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Insider Activity

In other Palantir Technologies news, insider David A. Glazer sold 17,438 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the sale, the insider owned 392,370 shares of the company’s stock, valued at approximately $52,467,716.40. This trade represents a 4.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Stephen Andrew Cohen sold 327,088 shares of Palantir Technologies stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $43,738,207.36. Following the completion of the transaction, the insider owned 592 shares in the company, valued at $79,162.24. This represents a 99.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 1,054,279 shares of company stock valued at $142,212,233. 12.93% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on PLTR shares. Morgan Stanley raised their target price on shares of Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 4th. Argus raised shares of Palantir Technologies to a “hold” rating in a research note on Monday, February 9th. Freedom Capital raised Palantir Technologies from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, February 13th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Palantir Technologies in a report on Tuesday, February 3rd. Finally, Daiwa Securities Group upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $191.05.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

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.