Palantir stock (NASDAQ: PLTR) has experienced a lot of volatility in 2025 thus far.
After a promising Q4 2024 earnings call on February 3, the price of PLTR shares skyrocketed by 48.81% from $83.74 to an all-time high (ATH) of $124.62 on February 18. The rally didn’t last, however.
On account of a continually taut valuation, proposed Pentagon budget cuts, and several analyst downgrades, the markets turned bearish on PLTR stock.
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By press time on March 6, PLTR shares were changing hands at $88.77 after a 10.64% surge on the weekly chart. On a monthly basis, Palantir stock is still down 14.51%.
In January alone, insiders dumped more than $40 million worth of PLTR shares. The pace of selling has continued into February and March. To boot, these liquidations were so significant that they even drove some of the aforementioned analyst price forecast cuts.
It seems like the selloff won’t be drawing to a close any time soon. Finbold’s insider trading radar recently picked up an SEC Form 4 filing published on March 5. It reveals that Alexander Moore, a member of the data analytics company’s board, its former director of operations, and Palantir’s first employee, made a significant sale just days ago.
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This signal is triggered upon the reporting of the trade to the Securities and Exchange Commission (SEC).
Board member dumps $1.74 million worth of Palantir stock
On March 3, Moore made 8 sell transactions at prices ranging from $83.1 to $90.21. In total, the board member dumped 20,000 units of Palantir stock worth a grand total of $1.74 million.
The sale has to be placed within its proper context. For one, it was prearranged — as a closer look at the filing reveals that the trade was executed according to a 10b5-1 plan adopted on November 22.
Secondly, with the transactions concluded, Moore continues to hold 1,390,630 Palantir shares — in view of which 20,000 seems like a footnote.
With that being said, this is only the last in a long line of sizable insider sales. In early February, Moore also sold 20,000 PLTR shares, worth closer to $1.6 million at the time.
Insiders have indeed intensified their liquidations. As mentioned, even Wall Street is wary of the extent to which this has happened. Therefore, there is a case to be made for Moore’s sale as the confirmation of a continuing bearish signal.
While analysts being perennially bullish on tech is a common sight, that isn’t the case with the Alex Karp-led venture. Readers should note that numerous equity researchers’ 12-month price forecasts imply a significant downside for Palantir stock.
Featured image via Shutterstock
