In a filing, Palantir Technologies Inc revealed its Director Schiff Alexandra W. unloaded Company’s shares for reported $0.29 million on Jan 07 ’25. In the deal valued at $71.63 per share,4,000 shares were sold. As a result of this transaction, Schiff Alexandra W. now holds 195,393 shares worth roughly $12.7 million.
Then, ALEXANDRA SCHIFF bought 4,000 shares, generating $303,680 in total proceeds.
Before that, Stat Lauren Elaina Friedman sold 1,000 shares. Palantir Technologies Inc shares valued at $76,290 were divested by the Director at a price of $76.29 per share. As a result of the transaction, Stat Lauren Elaina Friedman now holds 99,923 shares, worth roughly $6.49 million.
A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid December with a ‘”a Neutral”‘ rating. Robert W. Baird began covering PLTR with “Neutral” recommendation on December 12, 2024. Jefferies revised its rating on November 07, 2024. It rated PLTR as “an Underperform” which previously was an “a Hold”.
Price Performance Review of PLTR
On Monday, Palantir Technologies Inc [NASDAQ:PLTR] saw its stock fall -3.39% to $64.98. Over the last five days, the stock has lost -18.66%. Palantir Technologies Inc shares have fallen nearly -14.08% since the year began. Nevertheless, the stocks have risen 287.02% over the past one year. While a 52-week high of $84.80 was reached on 01/06/25, a 52-week low of $16.03 was recorded on 01/13/25. SMA at 50 days reached $66.93, while 200 days put it at $38.30.
Levels Of Support And Resistance For PLTR Stock
The 24-hour chart illustrates a support level at 63.69, which if violated will result in even more drops to 62.41. On the upside, there is a resistance level at 65.97. A further resistance level may holdings at 66.97. The Relative Strength Index (RSI) on the 14-day chart is 38.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.62%. Stochastics %K at 9.34% indicates the stock is a buying.
How much short interest is there in Palantir Technologies Inc?
A steep rise in short interest was recorded in Palantir Technologies Inc stocks on 2024-12-31, growing by 22.35 million shares to a total of 98.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 76.14 million shares. There was a rise of 22.69%, which implies that there is a positive sentiment for the stock.
