Insider Selling: Palantir Technologies (NASDAQ:PLTR) Director Sells $205,000.00 in Stock

Posted by Stanley Muller on Oct 17th, 2026

Palantir Technologies Inc. (NASDAQ:PLTR – Get Free Report) Director Eric Woersching sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $205.00, for a total value of $205,000.00. Following the completion of the transaction, the director directly owned 3,465 shares of the company’s stock, valued at $710,325. The trade was a 22.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Palantir Technologies Trading Down 7.2%

Palantir Technologies stock traded down $14.47 during mid-day trading on Friday, hitting $186.03. The company had a trading volume of 33,238,730 shares, compared to its average volume of 23,416,700. Palantir Technologies Inc. has a 12-month low of $106.37 and a 12-month high of $212.94. The company’s fifty day moving average is $182.61 and its 200-day moving average is $152.00. The company has a market capitalization of $447.04 billion, a price-to-earnings ratio of 159.00, a P/E/G ratio of 3.53 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The business had revenue of $1.94 billion for 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 business’s revenue was up 92.8% on a year-over-year basis. During the same quarter last year, the company earned $0.16 EPS. As a group, sell-side analysts expect that Palantir Technologies Inc. will post 1.31 EPS for the current fiscal year.

Hedge Funds Weigh In On Palantir Technologies

Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. lifted its stake in Palantir Technologies by 0.4% in the 2nd quarter. BlackRock Inc. now owns 189,817,693 shares of the company’s stock worth $22,146,030,000 after purchasing an additional 757,322 shares in the last quarter. State Street Corp grew its position in shares of Palantir Technologies by 2.8% in the second quarter. State Street Corp now owns 104,490,468 shares of the company’s stock valued at $12,190,903,000 after purchasing an additional 2,863,874 shares in the last quarter. Invesco Ltd. grew its position in shares of Palantir Technologies by 2.8% in the fourth 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. Bank of America Corp DE grew its position in shares of Palantir Technologies by 1.0% in the second quarter. Bank of America Corp DE now owns 19,020,265 shares of the company’s stock valued at $2,219,094,000 after purchasing an additional 180,486 shares in the last quarter. Finally, Amundi increased its holdings in shares of Palantir Technologies by 7.4% in the second quarter. Amundi now owns 17,623,053 shares of the company’s stock valued at $2,056,082,000 after purchasing an additional 1,212,653 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies News Summary

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

Positive Sentiment: Palantir and Ondas launched Regna AI, a venture focused on sovereign-AI solutions for defense and enterprise missions. The initiative could expand Palantir’s opportunities in autonomous systems, surveillance and other mission-critical applications. Regna AI launch
Positive Sentiment: Palantir expanded its commercial reach through a collaboration with Customers Bank, which will deploy the Foundry and AIP platforms to automate commercial-client onboarding. The agreement supports the company’s strategy of diversifying beyond government and defense customers. Customers Bank collaboration
Neutral Sentiment: Analyst sentiment remains broadly constructive, including Goldman Sachs’ upgrade to Buy and recent targets above the current trading range. However, coverage also emphasizes that expectations are high ahead of Palantir’s November 2 third-quarter earnings report. Analyst views ahead of earnings
Negative Sentiment: Broader technology and AI stocks sold off as investors questioned how the industry will finance its large-scale AI buildout and which companies will ultimately generate sufficient returns. Palantir was pulled lower along with other enterprise-software shares. Enterprise software selloff
Negative Sentiment: Valuation concerns are intensifying after the rally. Commentary highlights a price-to-earnings multiple near 170 times, leaving limited room for slower growth, weaker guidance or an earnings reaction that falls short of elevated expectations. Palantir valuation analysis
Negative Sentiment: Insider-sale disclosures added to selling pressure. Recent filings show sales by directors and other executives, including transactions made under prearranged Rule 10b5-1 plans; these do not necessarily signal deteriorating fundamentals but can weigh on sentiment and increase available supply. Palantir insider sales

Analysts Set New Price Targets

A number of research analysts have weighed in on PLTR shares. Wolfe Research started coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They issued a “buy” rating for the company. Zacks Research lowered shares of Palantir Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 6th. Deutsche Bank Aktiengesellschaft upgraded Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 target price on the stock in a research report on Tuesday, August 4th. UBS Group lifted their price target on Palantir Technologies from $220.00 to $250.00 and gave the company a “buy” rating in a research note on Tuesday, September 15th. Finally, Barclays began coverage on Palantir Technologies in a research note on Friday, October 9th. They issued an “overweight” rating and a $265.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Palantir Technologies has an average rating of “Moderate Buy” and a consensus target price of $201.61.

View Our Latest Report on Palantir Technologies

Palantir Technologies Company Profile

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Palantir Technologies Inc (NASDAQ: PLTR) develops software platforms that help organizations integrate, analyze and act on large and complex datasets. Its principal platforms include Gotham, which is designed primarily for government and defense applications; Foundry, which supports commercial and institutional data operations; Apollo, which helps deploy and manage software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects large language models and other AI tools with an organization’s data and workflows.

The company serves government agencies, defense and intelligence organizations, and commercial businesses in industries such as manufacturing, healthcare, energy and financial services.