Palantir Technologies (NASDAQ:PLTR) Director Lauren Elaina Friedman Stat Sells 5,026 Shares of Company Stock

Key Points

• Palantir director Lauren Elaina Friedman Stat sold 5,026 shares at an average price of $199, generating $1.0 million. The Rule 10b5-1 transaction reduced her holdings by 9.77% to 46,402 shares.
• Palantir shares recently traded at $208.67, near their 52-week high of $212.94, while the company reported 92.8% year-over-year revenue growth and earnings above analyst expectations in its latest quarter.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $200.54; institutional investors own approximately 45.65% of the stock.

Palantir Technologies Inc. (NASDAQ:PLTR - Get Free Report) Director Lauren Friedman Stat sold 5,026 shares of Palantir Technologies stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $199.00, for a total value of $1,000,174.00. Following the transaction, the director owned 46,402 shares in the company, valued at $9,233,998. This represents a 9.77% decrease in their position. The sale 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 Thursday, October 1st, Lauren Friedman Stat sold 1,337 shares of Palantir Technologies stock. The stock was sold at an average price of $189.95, for a total value of $253,963.15.
• On Tuesday, September 1st, Lauren Friedman Stat sold 1,342 shares of Palantir Technologies stock. The stock was sold at an average price of $182.50, for a total value of $244,915.00.
• On Wednesday, August 5th, Lauren Friedman Stat sold 3,032 shares of Palantir Technologies stock. The stock was sold at an average price of $165.00, for a total value of $500,280.00.

Palantir Technologies Trading Down 0.2%

NASDAQ:PLTR traded down $0.33 on Tuesday, hitting $208.67. 18,467,959 shares of the company's stock traded hands, compared to its average volume of 23,837,548. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year high of $212.94. The firm has a 50-day moving average price of $179.67 and a 200-day moving average price of $150.60. The company has a market cap of $501.45 billion, a PE ratio of 213.26, a price-to-earnings-growth ratio of 2.87 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.07. The company had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. The firm's quarterly revenue was up 92.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.16 EPS. On average, research analysts forecast that Palantir Technologies Inc. will post 1.31 EPS for the current fiscal year.

Palantir Technologies News Roundup

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 have recently added to or reduced their stakes in the business. Spartan Planning & Wealth Management bought a new stake in Palantir Technologies in the third quarter worth approximately $685,000. Fagan Associates Inc. raised its holdings in shares of 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 in the last quarter. Catalyst Private Wealth LLC raised its holdings in shares of 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 in the last quarter. Salvus Wealth Management LLC bought a new position in shares of Palantir Technologies during the 3rd quarter valued at $257,000. Finally, First County Bank CT lifted its stake in shares of 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 purchasing an additional 156 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have weighed in on PLTR. Wedbush assumed coverage on shares of Palantir Technologies in a research note on Tuesday, June 16th. They issued an "outperform" rating on the stock. Weiss Ratings raised shares of Palantir Technologies from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, October 8th. President Capital upgraded Palantir Technologies from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $25.50 to $133.00 in a report on Monday, June 29th. Roth Capital assumed coverage on Palantir Technologies in a report on Tuesday, August 4th. They set a "buy" rating for the company. Finally, Mizuho lifted their price objective on Palantir Technologies from $185.00 to $215.00 and gave the company an "outperform" rating in a research report on Tuesday, August 4th. One investment 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. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $200.54.

About Palantir Technologies

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.

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