Palantir Technologies (NASDAQ:PLTR) Insider Shyam Sankar Sells 84,680 Shares of Company Stock

Palantir Technologies Inc. (NASDAQ:PLTR) insider Shyam Sankar sold 84,680 shares of Palantir Technologies stock in a transaction dated Wednesday, November 11th. The stock was sold at an average price of $175.07, for a total transaction of $14,824,927.60. Following the completion of the transaction, the insider directly owned 857,616 shares of the company’s stock, valued at $150,142,833.12. This trade represents a 8.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Shyam Sankar also recently made the following trade(s):

• On Tuesday, November 10th, Shyam Sankar sold 300,000 shares of Palantir Technologies stock. The stock was sold at an average price of $167.03, for a total transaction of $50,109,000.00.

Palantir Technologies Stock Performance

Shares of NASDAQ:PLTR traded down $3.59 during trading on Friday, reaching $167.99. 15,160,139 shares of the stock traded hands, compared to its average volume of 25,516,524. The stock has a 50-day moving average of $184.79 and a two-hundred day moving average of $153.82. Palantir Technologies Inc. has a 52-week low of $106.37 and a 52-week high of $212.94. The stock has a market cap of $403.69 billion, a P/E ratio of 117.48, a price-to-earnings-growth ratio of 3.47 and a beta of 1.65.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings results on Monday, November 2nd. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. Palantir Technologies had a net margin of 50.34% and a return on equity of 30.49%. The company had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter last year, the firm earned $0.21 earnings per share. The firm’s quarterly revenue was up 95.9% compared to the same quarter last year. Sell-side analysts expect that Palantir Technologies Inc. will post 1.36 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on PLTR shares. JPMorgan Chase & Co. assumed coverage on Palantir Technologies in a report on Thursday, October 29th. They issued an “overweight” rating and a $262.00 target price for the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $260.00 price target on shares of Palantir Technologies in a report on Tuesday, November 3rd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $235.00 price objective on shares of Palantir Technologies in a research report on Tuesday, November 3rd. Benchmark reiterated a “hold” rating on shares of Palantir Technologies in a report on Tuesday, August 4th. Finally, Morgan Stanley lifted their price objective on Palantir Technologies from $205.00 to $233.00 and gave the stock a “buy” rating in a report on Tuesday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $216.20.

Institutional Investors Weigh In On Palantir Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ballast Advisors LLC purchased a new stake in Palantir Technologies during the 1st quarter valued at $29,000. Axiom Investment Management LLC lifted its holdings in shares of Palantir Technologies by 181.8% during the 3rd quarter. Axiom Investment Management LLC now owns 155 shares of the company’s stock valued at $29,000 after buying an additional 100 shares during the period. Navigoe LLC lifted its holdings in shares of Palantir Technologies by 17,500.0% during the 3rd quarter. Navigoe LLC now owns 176 shares of the company’s stock valued at $32,000 after buying an additional 175 shares during the period. C M Bidwell & Associates Ltd. purchased a new position in shares of Palantir Technologies in the 2nd quarter worth $35,000. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of Palantir Technologies in the 3rd quarter worth $35,000. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Key Headlines Impacting Palantir Technologies

Investors following PLTR have been watching these headlines:

• Positive Sentiment: Palantir’s Rule of 40 score reached 158% in Q3 2026, reflecting a combination of rapid revenue growth and stronger profitability. The company also reported 165% net dollar retention, supporting the case for continued customer expansion. Article: PLTR’s Rule of 40 Hits 158%
• Positive Sentiment: Recent commentary argues Palantir’s growth story remains strong, with its AI software helping drive substantial business momentum. This provides a fundamental counterpoint to the stock’s recent weakness. Article: Palantir: High-Quality Growth Should Never Be Cheap
• Negative Sentiment: Investors are also focused on deceleration in contract-related growth indicators versus the previous quarter, which may raise questions about future demand. A planned sale of 84,680 shares by CTO Shyam Sankar—and another recent planned sale filing—could add to negative sentiment, though insider sales do not necessarily signal a lack of confidence. Article: Why Palantir Technologies Stock Is Down

Palantir Technologies Company Profile

Palantir Technologies is a software company that develops platforms for integrating, analyzing and using data to support operational decisions. Its products are designed to help organizations work with large, complex datasets while managing access and security. The company’s platforms include Gotham, used primarily by government and intelligence customers; Foundry, designed for commercial and other organizations; Apollo, which supports the deployment and management of software; and Artificial Intelligence Platform (AIP), which helps organizations use artificial intelligence with their data and operations.