Alexander D. Moore, serving on the board of Palantir Technologies Inc. (NYSE:PLTR), sold a block totaling 16,000 shares of Class A common stock on March 16, 2026, in several open market transactions that amounted to approximately $2.4 million.
The individual trades were completed at prices ranging from $151.31 to $153.68, near the then-current trading level of $152.77. The disposals were made pursuant to a Rule 10b5-1 trading plan that Moore established on December 11, 2025.
Following the reported sales, Moore retains direct ownership of 1,156,978 shares of Palantir stock.
On a performance basis, the shares have delivered a 77% return over the past 12 months, though they are down 14% year-to-date. An InvestingPro analysis cited in company commentary indicates the stock appears overvalued relative to its Fair Value, noting a price-to-earnings ratio of 244.
Beyond the insider transaction, Palantir has continued to publicize a series of partnerships and product initiatives. The company announced a collaboration with Ondas Holdings and World View Enterprises to build AI-enabled intelligence, surveillance, and reconnaissance capabilities, integrating Palantir’s Artificial Intelligence Platform with Ondas’ autonomous aerial and ground systems and World View’s Stratollite high-altitude balloon platform.
Palantir also disclosed a commercial deployment with Centrus Energy to apply AI-driven software across Centrus’ Piketon enrichment expansion project. Since the agreement began, the partnership has identified nearly $300 million in potential cost savings. Market commentary accompanying that announcement noted that Evercore ISI reiterated an Outperform rating and held a $390 price target for Centrus Energy.
The company continues to utilize Anthropic’s Claude AI model amid reports of disputes between Anthropic and the Pentagon. Separately, Palantir unveiled a sovereign AI operating system reference architecture built with NVIDIA to provide integrated AI datacenter capabilities. That architecture is intended to run Palantir’s software suite, including AIP, Foundry, Apollo, Rubix, and AIP Hub.
Palantir is hosting its ninth AIPCon conference, which will include presentations from organizations spanning defense, aerospace, and healthcare sectors.
As reported, the insider sales were executed under a pre-existing trading arrangement and occurred at prices close to the prevailing market level on the transaction date. The company’s corporate announcements underscore continued commercial activity across aerospace, defense, energy, and datacenter AI deployments, while external valuation analysis flags a high P/E and a gap versus Fair Value.