Jeffrey Buckley Sells 1,712 Shares of Palantir Technologies (NASDAQ:PLTR) Stock

Palantir Technologies Inc. (NASDAQ:PLTR) insider Jeffrey Buckley sold 1,712 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $136.04, for a total transaction of $232,900.48. Following the sale, the insider directly owned 62,537 shares of the company’s stock, valued at $8,507,533.48. This represents a 2.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jeffrey Buckley also recently made the following trade(s):

• On Friday, May 22nd, Jeffrey Buckley sold 830 shares of Palantir Technologies stock. The stock was sold at an average price of $137.41, for a total transaction of $114,050.30.
• On Tuesday, February 24th, Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock. The shares were sold at an average price of $129.08, for a total transaction of $159,026.56.

Palantir Technologies Trading Down 0.4%

Palantir Technologies stock opened at $136.88 on Friday. The company has a market cap of $328.14 billion, a P/E ratio of 153.80, a price-to-earnings-growth ratio of 2.17 and a beta of 1.52. Palantir Technologies Inc. has a 1-year low of $118.93 and a 1-year high of $207.52. The company has a fifty day simple moving average of $142.88 and a 200 day simple moving average of $157.76.

Palantir Technologies (NASDAQ:PLTR) last released its earnings results on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.05. The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. The firm’s revenue for the quarter was up 84.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.13 earnings per share. On average, equities research analysts forecast that Palantir Technologies Inc. will post 1.18 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on PLTR. Royal Bank Of Canada restated an “underperform” rating and set a $90.00 target price on shares of Palantir Technologies in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $200.00 target price on shares of Palantir Technologies in a research note on Tuesday, February 3rd. William Blair upgraded shares of Palantir Technologies from a “market perform” rating to an “outperform” rating in a research note on Monday, February 2nd. Benchmark initiated coverage on shares of Palantir Technologies in a research note on Wednesday, April 1st. They issued a “hold” rating for the company. Finally, Phillip Securities raised their target price on shares of Palantir Technologies from $190.00 to $202.00 in a report on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $192.76.

Key Palantir Technologies News

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

• Positive Sentiment: Several recent pieces continue to highlight Palantir’s strong fundamentals, including rapid revenue growth, elevated margins, and a “Rule of 40” profile that bulls say supports further upside. Article Title
• Positive Sentiment: Rosenblatt reiterated a buy rating and a $225 price target, signaling Wall Street still sees meaningful upside from current levels. Article Title
• Positive Sentiment: Some commentary argues the recent pullback could be a buying opportunity, with analysts pointing to Palantir’s strong execution and long-term AI positioning. Article Title
• Neutral Sentiment: The stock is trending heavily in retail and media circles, which can keep attention high but does not by itself change the business outlook. Article Title
• Neutral Sentiment: Palantir continues to attract comparisons with other AI names like Nvidia and Innodata, underscoring its status as a high-profile AI stock rather than delivering a fresh company-specific catalyst. Article Title
• Negative Sentiment: Cantor Fitzgerald kept a neutral stance and said Palantir’s AI opportunity is real, but the valuation still looks too rich, reinforcing a key bear case. Article Title
• Negative Sentiment: News that Palantir is challenging the Defense Intelligence Agency over an analytics contract, along with a separate blocked U.K. police deal, adds uncertainty around government revenue opportunities. Article Title
• Negative Sentiment: Recent articles also note the stock remains well below its highs and that even bullish investors acknowledge it may need much more growth to justify today’s price. Article Title

Institutional Trading of Palantir Technologies

Several hedge funds have recently modified their holdings of PLTR. Norges Bank acquired a new position in Palantir Technologies during the fourth quarter worth $5,149,641,000. Jennison Associates LLC purchased a new stake in shares of Palantir Technologies in the first quarter worth about $1,574,111,000. Vanguard Group Inc. lifted its holdings in shares of Palantir Technologies by 4.0% in the third quarter. Vanguard Group Inc. now owns 213,886,270 shares of the company’s stock worth $39,017,133,000 after buying an additional 8,168,604 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Palantir Technologies by 277.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company’s stock worth $1,528,143,000 after buying an additional 7,678,747 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of Palantir Technologies by 7.2% in the third quarter. State Street Corp now owns 101,258,899 shares of the company’s stock worth $18,471,648,000 after buying an additional 6,777,771 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

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.