Jeffrey Buckley Sells 2,055 Shares of Palantir Technologies (NASDAQ:PLTR) Stock

Palantir Technologies Inc. (NASDAQ:PLTR) insider Jeffrey Buckley sold 2,055 shares of Palantir Technologies stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $174.83, for a total transaction of $359,275.65. Following the completion of the transaction, the insider owned 58,171 shares in the company, valued at approximately $10,170,035.93. This trade represents a 3.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 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, August 21st, Jeffrey Buckley sold 1,250 shares of Palantir Technologies stock. The shares were sold at an average price of $174.29, for a total transaction of $217,862.50.
• On Thursday, June 11th, Jeffrey Buckley sold 1,481 shares of Palantir Technologies stock. The stock was sold at an average price of $128.80, for a total transaction of $190,752.80.

Palantir Technologies Stock Performance

PLTR stock opened at $172.73 on Wednesday. The stock has a market capitalization of $415.08 billion, a PE ratio of 147.63, a price-to-earnings-growth ratio of 2.49 and a beta of 1.59. The company has a fifty day moving average of $140.52 and a 200-day moving average of $141.05. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $207.52.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The business had revenue of $1.94 billion for 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%. The business’s revenue was up 92.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.16 earnings per share. Equities analysts forecast that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Palantir Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of PLTR. BCGM Wealth Management LLC lifted its stake in Palantir Technologies by 2.0% in the second quarter. BCGM Wealth Management LLC now owns 3,202 shares of the company’s stock valued at $374,000 after purchasing an additional 64 shares during the last quarter. CYBER HORNET ETFs LLC increased its position in Palantir Technologies by 1.2% in the third quarter. CYBER HORNET ETFs LLC now owns 5,297 shares of the company’s stock worth $966,000 after buying an additional 65 shares during the last quarter. Verdence Capital Advisors LLC raised its stake in shares of Palantir Technologies by 0.4% in the fourth quarter. Verdence Capital Advisors LLC now owns 17,574 shares of the company’s stock valued at $3,124,000 after buying an additional 67 shares during the period. JDM Financial Group LLC raised its stake in shares of Palantir Technologies by 20.9% in the second quarter. JDM Financial Group LLC now owns 388 shares of the company’s stock valued at $45,000 after buying an additional 67 shares during the period. Finally, Financial Partners Group Inc lifted its position in shares of Palantir Technologies by 1.8% during the 4th quarter. Financial Partners Group Inc now owns 3,802 shares of the company’s stock valued at $676,000 after buying an additional 68 shares during the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Palantir Technologies News Summary

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

• Positive Sentiment: Truist Securities reiterated a Buy rating and a $223 price target, citing Palantir’s strong artificial-intelligence demand and continued growth potential. The company’s latest quarter included revenue of $1.94 billion, up nearly 93% year over year, and earnings above analysts’ expectations. Palantir Stock Has Rallied 40% Over the Past Month
• Positive Sentiment: Palantir’s Maven AI platform has reportedly become an official Pentagon “program of record.” That status could support recurring, long-term budget allocations and broaden adoption across U.S. military branches. Palantir’s Maven Is Now an Official Pentagon Program of Record
• Positive Sentiment: Recent bullish coverage highlights strong U.S. commercial and government demand, Palantir’s modular sales model and robust profitability. These factors have helped drive a gain of more than 40% over the past month. What’s Fueling Palantir’s Rally
• Neutral Sentiment: Analyst opinion remains generally favorable, with a reported consensus rating of Moderate Buy, but price targets vary widely. Investors are increasingly debating whether Palantir’s rapid growth can justify its valuation, which is above 140 times earnings. The Real Question Behind Palantir’s High Price
• Negative Sentiment: A reported loss of an $875 million contract has renewed concerns about competition, customer concentration and whether Palantir can sustain its growth rate. The development is particularly important because the stock’s valuation assumes continued execution. Palantir Lost an $875 Million Contract
• Negative Sentiment: Insiders, including CEO Alexander Karp, disclosed sales conducted under pre-arranged Rule 10b5-1 plans. Cathie Wood’s firm also reportedly sold approximately $27.2 million of PLTR after the rally, adding to near-term profit-taking pressure. Monster Insider Trading Alert for Palantir
• Negative Sentiment: Higher Treasury yields are weighing on expensive growth stocks by reducing the present value of future profits. Additional bearish commentary, including Michael Burry’s reported Palantir put positions, underscores concerns that the shares may be overvalued. Treasury Yields Are Surging Again

Wall Street Analyst Weigh In

Several research firms have recently commented on PLTR. Argus raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 price target for the company in a report on Wednesday, May 6th. BNP Paribas Exane initiated coverage on Palantir Technologies in a research report on Tuesday, June 16th. They issued an “underperform” rating for the company. William Blair assumed coverage on Palantir Technologies in a research report on Tuesday, August 4th. They issued a “neutral” rating for the company. Oppenheimer downgraded Palantir Technologies from an “outperform” rating to a “market perform” rating in a report on Tuesday, August 4th. Finally, UBS Group set a $215.00 target price on shares of Palantir Technologies in a research report on Tuesday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $192.19.

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.