TLDR
- Palantir director Eric H. Woersching sold $2.2 million worth of shares on June 10, 2025, disposing of 17,000 shares at prices between $125.24-$131.70
- The sale was executed under a Rule 10b5-1 trading plan established in March 2025, following standard insider trading protocols
- PLTR stock has surged 456.81% over the past year, trading near its 52-week high of $135.28
- Investor Kenio Fontes rates PLTR as a Sell, citing premium valuation concerns despite strong fundamentals
- Wall Street analysts maintain a Hold rating with a 12-month price target of $104.27, representing 25% downside from current levels
Palantir Technologies Inc. saw insider selling this month as director Eric H. Woersching offloaded $2.2 million worth of shares. The transaction has renewed focus on the data analytics company’s sky-high valuation after a meteoric rise.
Woersching sold 17,000 Class A common shares on June 10, 2025, at prices ranging from $125.24 to $131.70 per share. The sale occurred through a pre-established Rule 10b5-1 trading plan that was set up on March 10, 2025.
These trading plans allow corporate insiders to sell shares according to predetermined schedules. This helps them avoid accusations of trading on material non-public information.
The timing of the sale comes as PLTR trades near its 52-week high of $135.28. The stock has delivered a staggering 456.81% return over the past year.
Just days before the sale, Woersching received 2,348 restricted shares on June 6, 2025. These shares were awarded as his annual compensation for serving on the board of directors.
The restricted stock units came at no cost to Woersching. They vest according to a predetermined schedule tied to his continued service.
After completing these transactions, Woersching now owns 12,562 Palantir shares. The sales represent a portion of his total holdings in the company.
Investor Sentiment Turns Cautious
The insider selling comes as some investors question whether PLTR’s valuation has gotten ahead of itself. Investor Kenio Fontes recently issued a Sell rating on the stock.
Fontes acknowledges that “Palantir’s bull case is stronger than ever.” He remains optimistic about the company’s AI capabilities and growing commercial revenue.
However, he believes these positives are already reflected in the current share price. “Even with optimistic growth and margin assumptions, Palantir’s premium valuation is hard to justify,” Fontes explained.
The investor points to the company’s forward earnings multiple of 200x as particularly concerning. He expects this multiple to compress as the company matures.
“PLTR should not continue to trade at 200x forward earnings,” Fontes stated. He believes the stock will eventually trade closer to market averages as growth naturally slows.
Wall Street Takes Middle Ground
Professional analysts on Wall Street maintain a more neutral stance on PLTR. The consensus rating stands at Hold based on 17 analyst recommendations.
The breakdown includes 3 Buy ratings, 10 Hold ratings, and 4 Sell ratings. This lukewarm reception reflects uncertainty about the stock’s current valuation levels.
The average 12-month price target sits at $104.27. This represents potential downside of approximately 25% from recent trading levels.
The wide range of opinions suggests analysts are struggling to value the company’s unique position. PLTR operates in specialized markets that are difficult to compare with traditional software companies.
Recent trading has kept the stock well above analyst price targets. This disconnect highlights the challenge of valuing high-growth technology stocks in current market conditions.
Palantir continues to deliver record revenues and expanding profit margins. The company’s customer base keeps growing across both government and commercial sectors.
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