Palantir Technologies Inc’s recent filing unveils that its 10% Owner Palantir Technologies Inc. unloaded Company’s shares for reported $42803.0 on Oct 31 ’24. In the deal valued at $0.11 per share,381,487 shares were sold. As a result of this transaction, Palantir Technologies Inc. now holds 4,280,911 shares worth roughly $177.27 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Palantir Technologies Inc. sold 337,174 shares, generating $35,774 in total proceeds. Upon selling the shares at $0.11, the 10% Owner now owns 3,943,737 shares.
Before that, Palantir Technologies Inc. sold 55,921 shares. Palantir Technologies Inc shares valued at $6,839 were divested by the 10% Owner at a price of $0.12 per share. As a result of the transaction, Palantir Technologies Inc. now holds 4,662,398 shares, worth roughly $193.07 million.
Raymond James downgraded its Palantir Technologies Inc [PLTR] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Northland Capital’s analysts, who began to cover the stock in late August with a ‘”a Market perform”‘ rating. Monness Crespi & Hardt also remained covering PLTR and reiterated its “Sell” recommendation on August 06, 2024. Mizuho revised its rating on July 16, 2024. It rated PLTR as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of PLTR
On Monday, Palantir Technologies Inc [NYSE:PLTR] saw its stock fall -1.22% to $41.41. Over the last five days, the stock has lost -7.92%. Palantir Technologies Inc shares have risen nearly 141.18% since the year began. Nevertheless, the stocks have risen 130.44% over the past one year. While a 52-week high of $45.14 was reached on 10/28/24, a 52-week low of $15.66 was recorded on 01/05/24. SMA at 50 days reached $38.17, while 200 days put it at $27.60.
Levels Of Support And Resistance For PLTR Stock
The 24-hour chart illustrates a support level at 40.95, which if violated will result in even more drops to 40.49. On the upside, there is a resistance level at 41.96. A further resistance level may holdings at 42.50. The Relative Strength Index (RSI) on the 14-day chart is 50.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.03%. Stochastics %K at 26.57% indicates the stock is a holding.
How much short interest is there in Palantir Technologies Inc?
A steep rise in short interest was recorded in Palantir Technologies Inc stocks on 2024-10-15, growing by 28.48 million shares to a total of 95.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 67.11 million shares. There was a rise of 29.8%, which implies that there is a positive sentiment for the stock.
