Palantir Technologies (NASDAQ: PLTR) insiders have collectively sold over $9 million worth of stock so far in 2026, continuing a trend established in recent months amid the equity’s rally.
The transactions, executed in early February, involved multiple directors and an executive officer and were carried out under automatic selling plans.
For instance, director Alexander Moore accounted for the largest portion of the sales. On February 2, Moore sold 20,000 shares at $147.45 per share, totaling $2,949,000. Following the transaction, he held 1,172,978 shares.
Earlier, on January 2, 2026, Moore sold 20,000 shares at $167.30 per share for $3,346,000, leaving him with 1,192,978 shares after that sale.
Director Lauren Elaina Stat Friedman also reduced her holdings through two transactions. On February 2, she sold 400 shares at $151.14 per share, generating $60,456 and bringing her remaining holdings to 58,287 shares.
Previously, on January 2, she sold 3,400 shares at $181.35 per share for $616,590, leaving her with 58,687 shares.
On the other hand, officer Ryan Taylor sold 12,000 shares on January 2, 2026, at $181.35 per share. The sale was valued at $2,176,200, and after the transaction, Taylor held 239,409 shares. In total, the five disclosed transactions amount to $9,148,246 in insider stock sales during 2026.
Palantir stock volatility
Overall, Palantir continues to post strong growth in the AI sector, but its stock has pulled back in early 2026 amid valuation concerns and broader market weakness.
At the last close, PLTR shares were trading at $139, down over 2% on the day and nearly 22% year-to-date. The volatility followed the company’s Q4 2025 earnings report.
For the quarter, revenue rose 70% year over year to $1.41 billion, beating expectations of about $1.33 billion. Adjusted earnings per share came in at $0.25, above the $0.23 forecast. U.S. commercial revenue jumped 137% to $507 million, while U.S. government revenue grew 66% to $570 million. Full-year 2025 revenue reached $4.48 billion.
Management guided for 2026 revenue between $7.182 billion and $7.198 billion, implying about 61% annual growth, with U.S. commercial revenue expected to exceed $3.144 billion, up at least 115%.
While Palantir remains a leader in AI-driven enterprise and government solutions, its premium valuation leaves it exposed to sector rotations and any signs of slowing momentum. To this end, there are concerns about the stock’s future growth.
Separately, Michael Burry shared a chart highlighting a head-and-shoulders pattern, with the August 2025 PLTR high as the left shoulder, the October peak above $200 as the head, and the December rally as the right shoulder.
As reported by Finbold, he identified support below $100 and a potential downside toward the low $50s, implying a possible drop of up to 60% from the current $138.87 level if the pattern plays out.
Featured image via Shutterstock
