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PLTR Stock Surges On Government Growth, ICE Contracts: Here's The Congress Members Who Own Palantir Shares
Benzinga· 2026-02-03 15:57
Financial Performance - Palantir reported fourth-quarter revenue of $1.41 billion, representing a 70% year-over-year increase, surpassing the Street consensus estimate of $1.33 billion [2] - The U.S. segment contributed $1.08 billion, with U.S. Commercial revenue at $507 million and U.S. Government revenue at $570 million, the latter up 66% year-over-year [2] Stock Performance - Palantir stock increased by 5.7% to $156.13, with shares up over 86% in the last 52 weeks, trading within a range of $66.12 to $207.52 [8] Congressional Involvement - Several members of Congress have made transactions involving Palantir stock, raising potential conflicts of interest due to the company's government contracts, particularly with ICE [3][7] - Notable transactions include purchases ranging from $1,000 to $250,000 by various representatives in 2025 [4][5][6]