Alexander Karp Sells 493,025 Shares of Palantir Technologies (NASDAQ:PLTR) Stock

Palantir Technologies Inc. (NASDAQ:PLTR) insider Alexander Karp sold 493,025 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.78, for a total value of $65,956,884.50. Following the completion of the transaction, the insider directly owned 6,432,258 shares in the company, valued at $860,507,475.24. This represents a 7.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Palantir Technologies Stock Up 4.2%

Palantir Technologies stock opened at $134.19 on Thursday. The stock has a 50-day moving average price of $161.79 and a 200 day moving average price of $170.49. The company has a market capitalization of $319.83 billion, a price-to-earnings ratio of 213.00, a price-to-earnings-growth ratio of 2.48 and a beta of 1.64. Palantir Technologies Inc. has a 52 week low of $66.12 and a 52 week 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 for the quarter, topping the consensus estimate 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 the consensus estimate of $1.34 billion. During the same quarter in the prior year, the company earned $0.14 EPS. Palantir Technologies’s quarterly revenue was up 70.0% on a year-over-year basis. Research analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Phillip Securities started coverage on shares of Palantir Technologies in a report on Thursday, January 22nd. They issued a “buy” rating and a $208.00 price target on the stock. Citigroup boosted their price objective on Palantir Technologies from $235.00 to $260.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. UBS Group dropped their target price on Palantir Technologies from $205.00 to $180.00 and set a “neutral” rating on the stock in a report on Tuesday, February 3rd. Loop Capital reduced their price target on Palantir Technologies from $230.00 to $220.00 and set a “buy” rating for the company in a research report on Friday, January 30th. Finally, Raymond James Financial restated a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. 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 given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $191.05.

Institutional Investors Weigh In On Palantir Technologies

A number of institutional investors have recently added to or reduced their stakes in the stock. LFA Lugano Financial Advisors SA purchased a new stake in shares of Palantir Technologies during the second quarter worth about $27,000. Bare Financial Services Inc boosted its holdings in Palantir Technologies by 54.5% in the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company’s stock worth $28,000 after buying an additional 55 shares during the last quarter. Delos Wealth Advisors LLC purchased a new stake in Palantir Technologies during the 2nd quarter worth approximately $29,000. Basepoint Wealth LLC purchased a new stake in Palantir Technologies during the 4th quarter worth approximately $29,000. Finally, Zeit Capital LLC acquired a new position in shares of Palantir Technologies during the second quarter valued at approximately $30,000. Institutional investors and hedge funds own 45.65% of the company’s stock.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Major government and defense wins are boosting credibility — Palantir secured DISA Impact Level 6 provisional authorization (enables deployment in the most sensitive DoD cloud/edge environments), expanding DoD TAM and strengthening government revenue durability. Palantir Just Opened a New DoD Door—What Changes Now?
• Positive Sentiment: New partnership tied to a U.S. military contract with GE Aerospace (via the Defense Logistics Agency) highlights Palantir’s AI/supply‑chain role for the Air Force and helps prove commercial/defense revenue mix. Why Are Palantir Shares Trading Higher On Wednesday?
• Positive Sentiment: Analyst upgrades and target hikes (Mizuho Outperform / $195 target and others reiterating upside) are underpinning buying interest after recent volatility. Palantir Is in a ‘Category of One.’ Why Mizuho Says You Should Buy PLTR Stock Now.
• Neutral Sentiment: Company fundamentals remain strong on recent beats and accelerating commercial adoption (Foundry/AIP, Rackspace partnership), which supports the long‑term bull case but hasn’t removed short‑term valuation risk. Palantir Technologies Stock (PLTR) Opinions on Earnings Beat and Analyst Upgrades
• Neutral Sentiment: Trading/derivatives strategies (high‑yield put selling ideas) are appearing, indicating some investors view the pullback as an income/opportunity trade rather than outright bearish conviction. Earn A 15%+ Yield Selling Put Options On Palantir
• Negative Sentiment: Heavy insider selling (including multiple large CEO/executive filings and recent small insider sales) is fueling governance concerns and adding supply pressure—investors interpret repeated disposals as a potential red flag. Insider sales filings (SEC)
• Negative Sentiment: Renewed governance/legal headlines (move to Miami, CEO expense scrutiny) plus vocal skeptics like Michael Burry arguing much lower intrinsic value are keeping sentiment fragile and amplifying sell‑offs on technical weakness. Palantir Move To Miami Tests Governance Concerns And Growth Expectations
• Negative Sentiment: Broad AI/software sector volatility and headlines about large pullbacks (35–38% off highs) are triggering technical selling and higher beta moves in PLTR despite solid growth metrics. Palantir Stock Drops 38%. Should You Buy PLTR for 2026 or Stay Away?

Palantir Technologies Company Profile

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.