New York, Feb 22, 2026, 11:14 EST — Market closed.
- Palantir shares ended Friday up 0.26% at $135.24, with U.S. markets shut for the weekend.
- A report on Friday said DHS signed a five-year blanket purchase agreement that could allow up to $1 billion in Palantir orders.
- An SEC filing showed a Palantir officer filed a notice to sell nearly 20,000 shares.
Palantir Technologies Inc shares will be in focus when U.S. trading resumes on Monday after a report on Friday said the Department of Homeland Security signed a five-year blanket purchase agreement that could allow up to $1 billion in orders for the data analytics firm’s software and services. The stock ended Friday up 0.26% at $135.24. (Nasdaq)
The timing matters because Palantir’s government work still drives a large share of investor debate: big contract vehicles can signal demand, but they do not always translate quickly into booked revenue. A “blanket purchase agreement,” or BPA, is essentially a pre-approved buying framework that lets agencies place orders faster once the vehicle is in place.
It also lands as traders look for fresh, tangible catalysts beyond earnings-season headlines. Government procurement wins can move the stock in either direction, depending on how much investors think is real spending versus an empty ceiling.
Procurement-tracking site GovTribe lists a single-award BPA tied to DHS’ Office of the Chief Information Officer, awarded on Feb. 12 and running through Feb. 11, 2031, with a ceiling value of $1 billion and $0 in federal obligations at award. The description says the purpose is to provide “Palantir commercial software licenses, maintenance, and implementation services” on a department-wide basis. (Govtribe)
Separately, a Palantir officer, Ryan D. Taylor, filed a Form 144 with the U.S. Securities and Exchange Commission on Friday for the proposed sale of 19,988 shares, with an aggregate market value listed at about $2.67 million. A Form 144 is a notice required before certain insider sales under Rule 144 and does not guarantee the shares will be sold. (SEC)
Palantir’s last quarterly results underscored why any DHS headline draws attention. The company said earlier this month U.S. government revenue jumped 66% in the fourth quarter, helping lift total sales to $1.41 billion, and CEO Alex Karp defended Palantir’s surveillance technology amid scrutiny of immigration-related work. (Reuters)
In its annual report, Palantir said its Class A common stock trades on Nasdaq under the symbol “PLTR,” and that 54% of its 2025 revenue came from government customers. That mix is why contract vehicles at large federal agencies can sway sentiment even when the market is closed. (SEC)
But the DHS vehicle, by itself, is not a check. Agencies still need to issue task orders, fund them, and put work into production — and political or operational blowback can slow that pipeline. Insider-sale notices can also add noise when a stock is already sensitive to headlines.
For Monday, traders will watch the opening print and whether the DHS agreement chatter brings in buyers or prompts profit-taking. The next catalyst is straightforward: the first U.S. cash session after the weekend, on Monday, Feb. 23, and any follow-on filings or procurement postings that show dollars moving under the BPA.
