Lauren Elaina Friedman Stat Sells 1,342 Shares of Palantir Technologies (NASDAQ:PLTR) Stock

Key Points

• Palantir director Lauren Friedman Stat sold 1,342 shares for $244,915 at an average price of $182.50 under a pre-arranged Rule 10b5-1 plan. She retained 52,765 shares after the transaction.
• Palantir shares rose 7.7% to $182.53, while the company reported quarterly EPS of $0.41 versus expectations of $0.34 and revenue of $1.94 billion, up 92.8% year over year.
• Wall Street maintains a “Moderate Buy” consensus on PLTR, with an average price target of $192.19; however, the stock’s valuation remains elevated, with a P/E ratio above 156.

Palantir Technologies Inc. (NASDAQ:PLTR - Get Free Report) Director Lauren Friedman Stat sold 1,342 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $182.50, for a total value of $244,915.00. Following the sale, the director directly owned 52,765 shares of the company's stock, valued at approximately $9,629,612.50. The trade was a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Lauren Elaina Friedman Stat also recently made the following trade(s):

• On Wednesday, August 5th, Lauren Friedman Stat sold 3,032 shares of Palantir Technologies stock. The shares were sold at an average price of $165.00, for a total transaction of $500,280.00.

Palantir Technologies Stock Up 7.7%

Shares of NASDAQ:PLTR traded up $13.07 during mid-day trading on Thursday, reaching $182.53. 38,008,743 shares of the stock were exchanged, compared to its average volume of 35,818,696. The stock's 50 day simple moving average is $148.99 and its 200-day simple moving average is $143.33. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $207.52. The company has a market cap of $438.63 billion, a P/E ratio of 156.01, a P/E/G ratio of 2.40 and a beta of 1.62.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the firm posted $0.16 EPS. The business's revenue was up 92.8% on a year-over-year basis. Analysts anticipate that Palantir Technologies Inc. will post 1.27 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Revolve Wealth Partners LLC acquired a new stake in Palantir Technologies during the 4th quarter worth approximately $450,000. Bison Wealth LLC increased its position in Palantir Technologies by 37.4% during the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company's stock valued at $1,296,000 after purchasing an additional 4,667 shares during the period. Capstone Wealth Management Group LLC raised its holdings in Palantir Technologies by 38.0% during the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company's stock worth $1,447,000 after purchasing an additional 4,722 shares during the last quarter. Schnieders Capital Management LLC. lifted its position in shares of Palantir Technologies by 36.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company's stock worth $858,000 after purchasing an additional 1,694 shares during the period. Finally, Vivaldi Capital Management LP acquired a new stake in shares of Palantir Technologies during the second quarter worth $315,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on PLTR shares. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Palantir Technologies in a research report on Friday, July 24th. The Goldman Sachs Group reissued a "neutral" rating and issued a $204.00 price objective on shares of Palantir Technologies in a report on Tuesday, August 4th. William Blair reaffirmed an "outperform" rating on shares of Palantir Technologies in a research note on Wednesday, August 26th. BTIG Research cut shares of Palantir Technologies to a "neutral" rating in a research report on Tuesday, June 16th. Finally, Argus upgraded shares of Palantir Technologies from a "hold" rating to a "buy" rating and set a $190.00 price target on the stock in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $192.19.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Expanded PwC alliance supports enterprise growth. Palantir and PwC will collaborate on scaling enterprise AI, mergers-and-acquisitions transformation and ERP modernization. The partnership could help Palantir reach more corporate customers and convert AI interest into larger, recurring deployments. PwC and Palantir Expand Strategic Alliance to Help Organizations Scale Enterprise AI
• Positive Sentiment: Palantir’s implementation model is gaining industry recognition. A Fortune report noted that technology companies are increasingly adopting Palantir’s “forward-deployed engineer” approach, placing engineers directly with customers to implement AI systems. This may reinforce the company’s competitive positioning, although it also highlights a potentially labor-intensive delivery model. One of the Fastest-Growing Jobs in Silicon Valley
• Neutral Sentiment: Management continues promoting proprietary AI advantages. CEO Alex Karp argued that the key risk in enterprise AI is exposing a company’s proprietary “alpha,” rather than simply leaking data. The comments support Palantir’s emphasis on secure, customized AI deployments but do not represent a new contract or financial forecast. Palantir’s Alex Karp: The Real AI Leak Isn’t Data, It’s Your Alpha
• Negative Sentiment: Competition and valuation remain major risks. Analysts pointed to Google’s new government-focused AI tools as a potential threat to Palantir’s lucrative public-sector business. Separately, Burry renewed his criticism, alleging weakening bargaining power and channel stuffing and warning that Palantir resembles an AI-FOMO bubble. With a market capitalization above $400 billion and a triple-digit P/E ratio, the stock remains highly sensitive to any slowdown in growth or margin expansion. What’s Bugging Palantir’s Stock?

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.

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