New York, Feb 22, 2026, 11:14 EST — The session ended with markets shut.
- Palantir stock edged up 0.26% to close at $135.24 on Friday. U.S. markets are closed for the weekend.
- On Friday, a report surfaced saying DHS has inked a five-year blanket purchase agreement, opening the door to as much as $1 billion in orders for Palantir.
- A Palantir officer has filed with the SEC, disclosing plans to sell close to 20,000 shares.
Palantir Technologies Inc could draw fresh attention Monday, following news late Friday that the Department of Homeland Security has agreed to a five-year blanket purchase agreement—opening the door to as much as $1 billion in software and services orders for the data analytics group. The shares closed Friday at $135.24, edging up 0.26%.
Timing’s key here. Palantir’s government business remains a focal point for investors, with debate swirling around the impact of major contract vehicles—seen by many as demand signals, but not necessarily as instant revenue generators. A “blanket purchase agreement,” or BPA, acts as a pre-cleared purchasing channel, letting agencies make orders more quickly after the agreement’s set up.
It comes as traders hunt for concrete catalysts outside the churn of earnings-season headlines. A government procurement win can push the stock up or down—everything hinges on whether investors see it as actual spending, or just another hollow cap.
GovTribe data shows just one blanket purchase agreement connected to the DHS Office of the Chief Information Officer—awarded Feb. 12, with a ceiling reaching $1 billion and zero federal obligations at signing. The agreement runs through Feb. 11, 2031. According to its description, it’s for department-wide “Palantir commercial software licenses, maintenance, and implementation services.” Govtribe
Palantir’s Ryan D. Taylor filed a Form 144 with the U.S. Securities and Exchange Commission on Friday, disclosing a proposed sale of 19,988 shares worth roughly $2.67 million. The notice, required by Rule 144 ahead of some insider transactions, doesn’t necessarily mean the sale will happen.
Palantir’s most recent quarterly numbers highlighted just how much investors react to any DHS news. Earlier this month, the company reported a 66% surge in U.S. government revenue for the fourth quarter, sending total sales up to $1.41 billion. CEO Alex Karp, for his part, stood by Palantir’s surveillance tech as questions persisted over its role in immigration work.
Palantir’s annual filing notes its Class A common shares are listed on Nasdaq as “PLTR.” The company reported that government contracts made up 54% of its 2025 revenue. That heavy tilt means big federal agency deals can move sentiment, regardless of whether markets are open. SEC
The DHS vehicle alone doesn’t act as a check. Agencies have to push through task orders, secure funding, and actually get projects underway — any political or operational pushback can stall things. When insider-sale notices hit while a stock’s already jumpy on the news front, it just adds to the noise.
Monday’s action hinges on the opening print—traders are eyeing whether talk of a DHS agreement attracts new buyers or triggers selling from those locking in gains. The main thing up next: the initial U.S. cash session after the weekend, set for Monday, Feb. 23, plus any subsequent filings or procurement notices that confirm money starting to flow under the BPA.
