Palantir slips as tech weakness and insider-sale filings weigh on sentiment

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 Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq 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 Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq 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 Investivoq's government contracts dashboard. You can access data on government contracts through the Investivoq 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 Investivoq's congressional trading dashboard. You can access data on congressional stock trades through the Investivoq 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 Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.