Why Palantir Technologies (PLTR) Stock Is Down Today

Palantir Technologies (PLTR) is down 3.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is continued post-earnings pressure as investors reassess whether Palantir’s very rich valuation can hold after signs that some forward-looking growth indicators cooled versus the prior quarter. A newly disclosed planned insider sale by Chief Technology Officer Shyam Sankar may also be adding to the negative tone, while broader AI sentiment has stayed choppy this week. ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/palantir-stock-falls-19-wall-121413791.html?utm_source=openai))

Details:

Sources:

Palantir Investor Relations, SEC, Yahoo Finance

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 96 times in the past 6 months. Of those trades, 0 have been purchases and 96 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 32 sales selling 96,000 shares for an estimated $15,141,659.
• 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 7 sales selling 15,360 shares for an estimated $2,758,043.
• 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 1,814 institutional investors add shares of $PLTR stock to their portfolio, and 1,322 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• FMR LLC added 26,412,610 shares (+117.0%) to their portfolio in Q3 2026, for an estimated $4,940,478,700
• SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. removed 17,699,013 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $3,310,600,381
• JPMORGAN CHASE & CO added 10,962,831 shares (+37.2%) to their portfolio in Q3 2026, for an estimated $2,050,597,538
• ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 10,070,156 shares (+96.4%) to their portfolio in Q2 2026, for an estimated $1,174,885,100
• JANE STREET GROUP, LLC removed 6,545,155 shares (-78.4%) from their portfolio in Q3 2026, for an estimated $1,224,271,242
• 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

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 $2,039,675,592 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: $83,752,925
• 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 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 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 2 times. They made 1 purchase worth up to $15,000 on 07/17 and 1 sale worth up to $15,000 on 05/15.
• SENATOR JOHN BOOZMAN purchased up to $15,000 on 05/15.

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 3 analysts offer price targets for $PLTR in the last 6 months, with a median target of $225.0.

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

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.