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

Palantir Technologies logo with Technology background
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Key Points

  • Palantir insider Ryan Taylor sold 18,000 shares for approximately $3.62 million under a pre-arranged Rule 10b5-1 trading plan, reducing his direct ownership by 6.15% to 274,667 shares.
  • Palantir shares traded near $208.67, close to their 52-week high, while the company carried a market capitalization of about $501 billion and a very high P/E ratio of 213.26.
  • The company recently exceeded earnings and revenue expectations, with revenue increasing 92.8% year over year; analysts maintain a “Moderate Buy” consensus, though price targets vary widely from $90 to $215.
  • Five stocks we like better than Palantir Technologies.

Palantir Technologies Inc. (NASDAQ:PLTR - Get Free Report) insider Ryan Taylor sold 18,000 shares of the firm'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 sale, the insider directly owned 274,667 shares of the company's stock, valued at $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 SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Palantir Technologies Trading Down 0.2%

NASDAQ PLTR traded down $0.33 during trading hours on Tuesday, reaching $208.67. The company had a trading volume of 18,467,959 shares, compared to its average volume of 23,837,548. The stock has a 50-day moving average of $179.67 and a 200 day moving average of $150.60. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $212.94. The stock has a market capitalization of $501.45 billion, a P/E 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 announced its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.07. The company had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. Palantir Technologies's revenue was up 92.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.16 earnings per share. As a group, sell-side analysts predict that Palantir Technologies Inc. will post 1.31 EPS for the current year.

Institutional Investors Weigh In On Palantir Technologies

Several large investors have recently added to or reduced their stakes in the business. Ballast Advisors LLC purchased a new stake in Palantir Technologies in the 1st quarter worth approximately $29,000. Cornerstone Financial Management LLC purchased a new position in shares of Palantir Technologies during the 4th quarter valued at $31,000. Whipplewood Advisors LLC purchased a new position in shares of Palantir Technologies during the 1st quarter valued at $32,000. Reflection Asset Management purchased a new position in shares of Palantir Technologies during the 4th quarter valued at $35,000. Finally, C M Bidwell & Associates Ltd. acquired a new position in shares of Palantir Technologies in the second quarter worth $35,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Palantir Technologies

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

Wall Street Analysts Forecast Growth

PLTR has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft raised Palantir Technologies from a "hold" rating to a "buy" rating and set a $200.00 target price on the stock in a research report on Tuesday, August 4th. Royal Bank Of Canada restated an "underperform" rating and set a $90.00 price target on shares of Palantir Technologies in a research report on Friday, July 31st. Northland Securities set a $200.00 price objective on Palantir Technologies in a research note on Tuesday, August 4th. Mizuho boosted their price objective on Palantir Technologies from $185.00 to $215.00 and gave the company an "outperform" rating in a report on Tuesday, August 4th. Finally, Needham & Company LLC set a $215.00 price objective on Palantir Technologies in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Palantir Technologies has an average rating of "Moderate Buy" and a consensus price target of $200.54.

Get Our Latest Stock Report on PLTR

About Palantir Technologies

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Palantir Technologies (NASDAQ:PLTR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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