Palantir Technologies (NASDAQ:PLTR) Stock Price Down 1.8% Following Insider Selling

Posted by Brian Himes on Aug 25th, 2026

Palantir Technologies Inc. (NASDAQ:PLTR – Get Free Report) fell 1.8% during trading on Tuesday following insider selling activity. The company traded as low as $172.20 and last traded at $172.73. Approximately 24,455,097 shares changed hands during trading, a decline of 47% from the average daily volume of 46,244,988 shares. The stock had previously closed at $175.89.

Specifically, insider Alexander C. Karp sold 492,348 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $174.79, for a total value of $86,057,506.92. Following the transaction, the insider owned 6,432,258 shares in the company, valued at approximately $1,124,294,375.82. This represents a 7.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Jeffrey Buckley sold 1,250 shares of Palantir Technologies stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $174.29, for a total transaction of $217,862.50. Following the sale, the insider owned 56,921 shares of the company’s stock, valued at approximately $9,920,761.09. The trade was a 2.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In other news, insider Jeffrey Buckley sold 2,055 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $174.83, for a total value of $359,275.65. Following the sale, the insider directly owned 58,171 shares of the company’s stock, valued at $10,170,035.93. This represents a 3.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Analyst Ratings Changes

Several brokerages recently issued reports on PLTR. Deutsche Bank Aktiengesellschaft raised shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 target price for the company in a report on Tuesday, August 4th. Piper Sandler reaffirmed an “overweight” rating and set a $230.00 price target on shares of Palantir Technologies in a research report on Tuesday, August 4th. Oppenheimer lowered Palantir Technologies from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 4th. Needham & Company LLC set a $215.00 price objective on Palantir Technologies in a report on Tuesday, August 11th. Finally, Roth Capital assumed coverage on Palantir Technologies in a research note on Tuesday, August 4th. They issued a “buy” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Palantir Technologies has a consensus rating of “Moderate Buy” and an average price target of $192.19.

Check Out Our Latest Analysis on PLTR

Palantir Technologies News Summary

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

Positive Sentiment: Palantir’s Maven artificial-intelligence program was designated an official U.S. Department of Defense program of record. The status could support longer-term, recurring defense contracts as Maven expands across all military branches. Palantir’s Maven Is Now an Official Pentagon Program of Record
Positive Sentiment: Truist Securities reiterated a Buy rating and a $223 price target. Other bullish coverage cites Palantir’s roughly 93% year-over-year revenue growth, stronger commercial demand, government relationships and modular sales model. What’s Going On With the Drop in Palantir Stock Today?
Neutral Sentiment: Palantir’s latest earnings beat—$0.41 in earnings per share versus a $0.34 consensus estimate, with $1.94 billion in revenue versus $1.81 billion expected—continues to support the growth narrative. However, analysts and investors are debating whether that growth can remain sustainable after the stock’s recent surge. Palantir Stock Has Surged Over 40% in a Month
Negative Sentiment: Valuation remains the central concern. With Palantir trading at roughly 148 times earnings and having gained more than 40% in a month, investors may be taking profits and demanding continued exceptional growth to justify the price. The Real Question Behind Palantir Stock’s High Price
Negative Sentiment: Cathie Wood’s firm trimmed its Palantir position, while reports also highlighted Michael Burry’s bearish put position. These moves reinforce concerns that some investors view PLTR as overextended after its multiyear advance. SpaceX continues to be Cathie Wood’s biggest weekly bet
Negative Sentiment: Recent insider transactions included CEO Alexander Karp’s sale of approximately $86.1 million in shares, along with smaller sales by Jeffrey Buckley. The trades were conducted under pre-arranged Rule 10b5-1 plans and related to tax withholding, but still add to near-term selling pressure. Insider Selling: Palantir Technologies
Negative Sentiment: Competition from European software provider ChapsVision and rising Treasury yields pose additional risks to Palantir’s premium valuation, particularly as investors reassess high-growth technology stocks. The little-known French company trying to unseat Palantir in Europe

Palantir Technologies Price Performance

The stock has a market capitalization of $415.08 billion, a PE ratio of 147.63, a P/E/G ratio of 2.54 and a beta of 1.59. The stock’s fifty day moving average is $139.73 and its 200-day moving average is $140.82.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The firm’s revenue for the quarter was up 92.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.16 earnings per share. On average, analysts forecast that Palantir Technologies Inc. will post 1.27 EPS for the current year.

Institutional Investors Weigh In On Palantir Technologies

Institutional investors have recently modified their holdings of the business. Basepoint Wealth LLC purchased a new position in Palantir Technologies during the fourth quarter worth approximately $29,000. Cornerstone Financial Management LLC purchased a new stake in shares of Palantir Technologies in the fourth quarter valued at approximately $31,000. Wexford Capital LP purchased a new stake in shares of Palantir Technologies in the third quarter valued at approximately $36,000. Prudent Man Investment Management Inc. acquired a new position in shares of Palantir Technologies during the 4th quarter worth approximately $35,000. Finally, Monetary Solutions Ltd acquired a new position in shares of Palantir Technologies during the 4th quarter worth approximately $36,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

About Palantir Technologies

(Get Free Report)

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.