In a filing, Palantir Technologies Inc revealed its Officer RYAN D. TAYLOR acquired Company’s shares for reported $36.6 million on Jan 02 ’25. In the deal valued at $75.63 per share,483,987 shares were bought.
Then, LAUREN STAT bought 800 shares, generating $60,504 in total proceeds.
Before that, DAVID STAT bought 1,000 shares. Palantir Technologies Inc shares valued at $75,630 were divested by the Director at a price of $75.63 per share.
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 jump 6.25% to $79.89. Over the last five days, the stock has lost -2.74%. Palantir Technologies Inc shares have risen nearly 5.63% since the year began. Nevertheless, the stocks have risen 396.52% over the past one year. While a 52-week high of $84.80 was reached on 01/03/25, a 52-week low of $15.66 was recorded on 01/02/25. SMA at 50 days reached $64.42, while 200 days put it at $37.18.
Levels Of Support And Resistance For PLTR Stock
The 24-hour chart illustrates a support level at 76.73, which if violated will result in even more drops to 73.56. On the upside, there is a resistance level at 81.52. A further resistance level may holdings at 83.14. The Relative Strength Index (RSI) on the 14-day chart is 62.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.78%. Stochastics %K at 48.43% 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.
