Shyam Sankar Sells 168,004 Shares of Palantir Technologies (NASDAQ:PLTR) Stock

Palantir Technologies Inc. (NASDAQ:PLTR) insider Shyam Sankar sold 168,004 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $22,465,494.88. Following the completion of the transaction, the insider directly owned 642,786 shares in the company, valued at $85,953,343.92. This trade represents a 20.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Palantir Technologies Price Performance

PLTR stock opened at $134.19 on Thursday. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52. The firm has a market capitalization of $319.83 billion, a PE ratio of 213.00, a price-to-earnings-growth ratio of 2.48 and a beta of 1.64. The business has a 50 day simple moving average of $161.79 and a 200-day simple moving average of $170.49.

Palantir Technologies (NASDAQ:PLTR) last released its quarterly earnings data on Monday, February 2nd. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The firm’s revenue for the quarter was up 70.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 earnings per share. On average, equities research analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on PLTR shares. Northland Securities upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a report on Tuesday, February 3rd. Weiss Ratings lowered Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 15th. Loop Capital cut their target price on Palantir Technologies from $230.00 to $220.00 and set a “buy” rating for the company in a research note on Friday, January 30th. UBS Group decreased their price target on Palantir Technologies from $205.00 to $180.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 3rd. Finally, Zacks Research cut Palantir Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $191.05.

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?

Institutional Investors Weigh In On Palantir Technologies

A number of institutional investors have recently modified their holdings of PLTR. Vanguard Group Inc. increased its stake in Palantir Technologies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock worth $38,295,188,000 after purchasing an additional 1,557,828 shares during the period. State Street Corp grew its holdings in shares of Palantir Technologies by 1.1% in the fourth quarter. State Street Corp now owns 102,385,317 shares of the company’s stock valued at $18,198,990,000 after purchasing an additional 1,126,418 shares in the last quarter. Geode Capital Management LLC increased its stake 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 worth $9,599,882,000 after buying an additional 805,047 shares during the period. Norges Bank acquired a new stake in Palantir Technologies during the 4th quarter worth approximately $5,149,641,000. Finally, Invesco Ltd. boosted its position in 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 buying an additional 616,297 shares during the period. 45.65% of the stock is owned by institutional investors and hedge funds.

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.