Palantir Technologies Inc’s recently made public that its insider Glazer David A. unloaded Company’s shares for reported $23.1 million on Dec 12 ’24. In the deal valued at $73.30 per share,315,126 shares were sold. As a result of this transaction, Glazer David A. now holds 293,411 shares worth roughly $23.2 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, Cohen Stephen Andrew sold 450,000 shares, generating $33,052,573 in total proceeds. Upon selling the shares at $73.45, the insider now owns 592 shares.
Before that, Cohen Stephen Andrew sold 450,000 shares. Palantir Technologies Inc shares valued at $31,927,184 were divested by the insider at a price of $70.95 per share. As a result of the transaction, Cohen Stephen Andrew now holds 592 shares, worth roughly $46815.36.
UBS initiated its Palantir Technologies Inc [PLTR] rating to a Neutral in a research note published on December 19, 2024; the price target was $80. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in mid December with a ‘”a Neutral”‘ rating. Jefferies also remained covering PLTR and has decreased its forecast on November 07, 2024 with a “an Underperform” recommendation from previously “Hold” rating. Argus revised its rating on November 07, 2024. It rated PLTR as “a Hold” which previously was an “a Buy”.
Price Performance Review of PLTR
On Friday, Palantir Technologies Inc [NASDAQ:PLTR] saw its stock fall -3.73% to $79.08. Over the last five days, the stock has gained 6.56%. Palantir Technologies Inc shares have risen nearly 360.57% since the year began. Nevertheless, the stocks have risen 352.66% over the past one year. While a 52-week high of $84.80 was reached on 12/24/24, a 52-week low of $15.66 was recorded on 01/05/24. SMA at 50 days reached $61.67, while 200 days put it at $36.12.
Levels Of Support And Resistance For PLTR Stock
The 24-hour chart illustrates a support level at 77.34, which if violated will result in even more drops to 75.60. On the upside, there is a resistance level at 81.41. A further resistance level may holdings at 83.74. The Relative Strength Index (RSI) on the 14-day chart is 64.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.07, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 34.18%. Stochastics %K at 78.50% 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 2024-12-13, dropping by -8.11 million shares to a total of 77.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 85.4 million shares. There was a decline of -10.5%, which implies that there is a negative sentiment for the stock.
