Palantir Technologies (PLTR) is down 3.2% today. Here is some analysis on what might have caused this price movement. ([apnews.com](https://apnews.com/article/d2655f64db7ec8ae450525d58f97b628))
Analysis: The most likely driver appears to be a mix of broader weakness in AI and technology shares and fresh insider-sale disclosures, rather than a negative business update from Palantir itself. This could also be simple profit-taking after a strong run, especially since Palantir recently only announced its next earnings date for November 2, 2026 and does not appear to have released adverse operating news this week. ([apnews.com](https://apnews.com/article/d2655f64db7ec8ae450525d58f97b628))
Details:
Sources:
AP News, SEC, Palantir Investor Relations
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$PLTR Insider Trading Activity
$PLTR insiders have traded $PLTR stock on the open market 87 times in the past 6 months. Of those trades, 0 have been purchases and 87 have been sales.
Here’s a breakdown of recent trading of $PLTR stock by insiders over the last 6 months:
- ALEXANDER C. KARP (See Remarks) has made 0 purchases and 15 sales selling 890,092 shares for an estimated $140,167,409.
- SHYAM SANKAR (See Remarks) has made 0 purchases and 12 sales selling 385,514 shares for an estimated $52,016,419.
- STEPHEN ANDREW COHEN (See Remarks) has made 0 purchases and 5 sales selling 319,934 shares for an estimated $43,524,501.
- ALEXANDER D. MOORE has made 0 purchases and 24 sales selling 80,000 shares for an estimated $11,973,792.
- RYAN D. TAYLOR (See Remarks) has made 0 purchases and 6 sales selling 37,662 shares for an estimated $6,295,559.
- LAUREN ELAINA FRIEDMAN STAT has made 0 purchases and 6 sales selling 14,002 shares for an estimated $2,505,062.
- DAVID A. GLAZER (See Remarks) has made 0 purchases and 5 sales selling 17,128 shares for an estimated $2,330,129.
- JEFFREY BUCKLEY (See Remarks) has made 0 purchases and 13 sales selling 7,328 shares for an estimated $1,114,840.
- ERIC H. WOERSCHING sold 1,000 shares for an estimated $205,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PLTR Hedge Fund Activity
We have seen 1,489 institutional investors add shares of $PLTR stock to their portfolio, and 1,368 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- INVESCO LTD. added 49,556,109 shares (+237.3%) to their portfolio in Q2 2026, for an estimated $5,781,711,237
- JPMORGAN CHASE & CO added 29,494,974 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,441,178,616
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 17,699,013 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,064,943,846
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 10,070,156 shares (+96.4%) to their portfolio in Q2 2026, for an estimated $1,174,885,100
- D. E. SHAW & CO., INC. removed 6,527,346 shares (-66.7%) from their portfolio in Q2 2026, for an estimated $761,545,457
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 6,171,474 shares (+405.7%) to their portfolio in Q2 2026, for an estimated $720,025,871
- SG AMERICAS SECURITIES, LLC added 6,155,140 shares (+567.9%) to their portfolio in Q2 2026, for an estimated $718,120,183
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$PLTR Government Contracts
We have seen $2,038,169,735 of award payments to $PLTR over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- CDAO MSS TASK ORDER OFF OF CONTRACT W519TC25D0039: $637,552,404
- FORSCOM TASK ORDER 1: $104,781,148
- DATA PLATFORM: $86,623,330
- DATA SOFTWARE SERVICES (DSS) MULTIPLE AWARD IDIQ CONTRACT DELIVERY ORDER FOR HAF DATA PLATFORM REQUIREMENTS.: $76,500,854
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
$PLTR Congressional Stock Trading
Members of Congress have traded $PLTR stock 5 times in the past 6 months. Of those trades, 2 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $PLTR stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 3 times. They made 1 purchase worth up to $15,000 on 07/17 and 2 sales worth up to $30,000 on 05/15, 05/08.
- SENATOR JOHN BOOZMAN purchased up to $15,000 on 05/15.
- REPRESENTATIVE MICHAEL A. RULLI sold up to $15,000 on 05/06.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$PLTR Price Targets
Multiple analysts have issued price targets for $PLTR recently. We have seen 8 analysts offer price targets for $PLTR in the last 6 months, with a median target of $195.0.
Here are some recent targets:
- Gil Luria from DA Davidson set a target price of $175.0 on 07/02/2026
- Dan Ives from Wedbush set a target price of $230.0 on 06/05/2026
- John McPeake from Rosenblatt set a target price of $225.0 on 06/05/2026
- Joseph Bonner from Argus Research set a target price of $190.0 on 05/06/2026
- Tyler Radke from Citigroup set a target price of $225.0 on 05/06/2026
- Rishi Jaluria from RBC Capital set a target price of $90.0 on 05/05/2026
- Stephen Bersey from HSBC set a target price of $151.0 on 05/01/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
