Palantir Technologies (NASDAQ:PLTR) Insider Ryan Taylor Sells 18,000 Shares of Company Stock

Palantir Technologies Inc. (NASDAQ:PLTR) insider Ryan Taylor sold 18,000 shares of the company’s stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $201.15, for a total value of $3,620,700.00. Following the completion of the transaction, the insider directly owned 274,667 shares in the company, valued at approximately $55,249,267.05. The trade was a 6.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Palantir Technologies Stock Performance

Shares of Palantir Technologies stock traded down $0.33 during trading on Tuesday, hitting $208.67. 18,467,959 shares of the stock traded hands, compared to its average volume of 23,837,548. The stock has a market cap of $501.45 billion, a P/E ratio of 213.26, a PEG ratio of 2.87 and a beta of 1.60. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $212.94. The company has a fifty day moving average price of $179.67 and a two-hundred day moving average price of $150.60.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. The business had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the previous year, the business posted $0.16 EPS. The firm’s quarterly revenue was up 92.8% compared to the same quarter last year. On average, equities research analysts expect that Palantir Technologies Inc. will post 1.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on PLTR shares. The Goldman Sachs Group upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and set a $230.00 target price for the company in a research note on Thursday, October 8th. William Blair restated an “outperform” rating on shares of Palantir Technologies in a research note on Wednesday, August 26th. President Capital upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and raised their price target for the company from $25.50 to $133.00 in a report on Monday, June 29th. Oppenheimer downgraded shares of Palantir Technologies from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. Finally, Northland Securities set a $200.00 price objective on Palantir Technologies in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $200.54.

Key Palantir Technologies News

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

• Positive Sentiment: Palantir’s bullish investment case remains centered on accelerating operating performance. Management raised fiscal 2026 revenue guidance, while the company’s latest reported quarter showed revenue growth of 92.8% year over year and earnings above analysts’ expectations. Several recent analyses argue that consensus estimates may still underestimate the company’s growth potential. Palantir guidance and stock momentum
• Positive Sentiment: The launch of Regna AI with Ondas expands Palantir’s sovereign-defense strategy. The new company will develop specialized AI models for military and mission-critical applications involving drones, surveillance systems, ground vehicles and unmanned vessels, potentially creating additional government and institutional demand. Regna AI announcement
• Positive Sentiment: Investor sentiment has improved sharply following Palantir’s recent rally. Articles point to continued AI adoption, possible expansion in commercial and government markets, and rising analyst earnings estimates; some bullish forecasts see further upside despite the stock trading above many published price targets. Analyst sentiment and valuation

Institutional Trading of Palantir Technologies

Institutional investors and hedge funds have recently modified their holdings of the company. Spartan Planning & Wealth Management bought a new position in shares of Palantir Technologies in the third quarter worth about $685,000. Fagan Associates Inc. boosted its stake in Palantir Technologies by 4.1% during the 3rd quarter. Fagan Associates Inc. now owns 136,741 shares of the company’s stock valued at $25,577,000 after purchasing an additional 5,333 shares during the period. Catalyst Private Wealth LLC boosted its stake in Palantir Technologies by 1.9% during the 3rd quarter. Catalyst Private Wealth LLC now owns 16,335 shares of the company’s stock valued at $3,055,000 after purchasing an additional 298 shares during the period. Salvus Wealth Management LLC bought a new stake in Palantir Technologies during the 3rd quarter valued at approximately $257,000. Finally, First County Bank CT grew its holdings in Palantir Technologies by 7.2% in the 3rd quarter. First County Bank CT now owns 2,316 shares of the company’s stock valued at $433,000 after buying an additional 156 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Palantir Technologies Company Profile

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.