Palantir Technologies (NASDAQ:PLTR) Director Lauren Elaina Friedman Stat Sells 1,342 Shares of Stock

Palantir Technologies Inc. (NASDAQ:PLTR) Director Lauren Friedman Stat sold 1,342 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $182.50, for a total transaction of $244,915.00. Following the transaction, the director directly owned 52,765 shares of the company’s stock, valued at approximately $9,629,612.50. This represents a 2.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 Wednesday, August 5th, Lauren Friedman Stat sold 3,032 shares of Palantir Technologies stock. The shares were sold at an average price of $165.00, for a total transaction of $500,280.00.

Palantir Technologies Stock Performance

Shares of PLTR stock opened at $182.53 on Friday. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $207.52. The company’s 50-day simple moving average is $148.99 and its 200-day simple moving average is $143.33. The stock has a market capitalization of $438.63 billion, a price-to-earnings ratio of 156.01, a PEG ratio of 2.40 and a beta of 1.62.

Palantir Technologies (NASDAQ:PLTR) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The firm had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the company earned $0.16 earnings per share. Palantir Technologies’s quarterly revenue was up 92.8% on a year-over-year basis. As a group, research analysts forecast that Palantir Technologies Inc. will post 1.27 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PLTR. Range Advisory LLC grew its stake in shares of Palantir Technologies by 6.7% in the 2nd quarter. Range Advisory LLC now owns 11,245 shares of the company’s stock worth $1,312,000 after purchasing an additional 704 shares during the last quarter. Brown Lisle Cummings Inc. increased its position in shares of Palantir Technologies by 3.5% in the second quarter. Brown Lisle Cummings Inc. now owns 7,979 shares of the company’s stock worth $931,000 after acquiring an additional 273 shares in the last quarter. Cornerstone Financial Management LLC raised its holdings in shares of Palantir Technologies by 53.2% during the second quarter. Cornerstone Financial Management LLC now owns 357 shares of the company’s stock valued at $42,000 after acquiring an additional 124 shares during the period. Formuepleje A S acquired a new stake in shares of Palantir Technologies during the second quarter valued at approximately $1,448,000. Finally, Amundi lifted its position in shares of Palantir Technologies by 7.4% in the 2nd quarter. Amundi now owns 17,623,053 shares of the company’s stock valued at $2,056,082,000 after acquiring an additional 1,212,653 shares in the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Palantir Technologies

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

• Positive Sentiment: Expanded PwC alliance supports enterprise growth. Palantir and PwC will collaborate on scaling enterprise AI, mergers-and-acquisitions transformation and ERP modernization. The partnership could help Palantir reach more corporate customers and convert AI interest into larger, recurring deployments. PwC and Palantir Expand Strategic Alliance to Help Organizations Scale Enterprise AI
• Positive Sentiment: Palantir’s implementation model is gaining industry recognition. A Fortune report noted that technology companies are increasingly adopting Palantir’s “forward-deployed engineer” approach, placing engineers directly with customers to implement AI systems. This may reinforce the company’s competitive positioning, although it also highlights a potentially labor-intensive delivery model. One of the Fastest-Growing Jobs in Silicon Valley
• Neutral Sentiment: Management continues promoting proprietary AI advantages. CEO Alex Karp argued that the key risk in enterprise AI is exposing a company’s proprietary “alpha,” rather than simply leaking data. The comments support Palantir’s emphasis on secure, customized AI deployments but do not represent a new contract or financial forecast. Palantir’s Alex Karp: The Real AI Leak Isn’t Data, It’s Your Alpha
• Negative Sentiment: Competition and valuation remain major risks. Analysts pointed to Google’s new government-focused AI tools as a potential threat to Palantir’s lucrative public-sector business. Separately, Burry renewed his criticism, alleging weakening bargaining power and channel stuffing and warning that Palantir resembles an AI-FOMO bubble. With a market capitalization above $400 billion and a triple-digit P/E ratio, the stock remains highly sensitive to any slowdown in growth or margin expansion. What’s Bugging Palantir’s Stock?

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on PLTR shares. Piper Sandler reissued an “overweight” rating and issued a $230.00 target price on shares of Palantir Technologies in a report on Tuesday, August 4th. Zacks Research raised Palantir Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. Phillip Securities increased their price target on Palantir Technologies from $190.00 to $202.00 in a research report on Monday, May 11th. Jefferies Financial Group reissued an “underperform” rating and issued a $80.00 price target on shares of Palantir Technologies in a report on Tuesday, August 4th. Finally, Northland Securities set a $200.00 price objective on Palantir Technologies in a research report on Tuesday, August 4th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Palantir Technologies currently has a consensus 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.