Palantir Technologies Inc’s filing revealed that 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 $16.12 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 $8.24 million.
Wedbush reiterated its Palantir Technologies Inc [PLTR] rating to an Outperform in a research note published on January 23, 2025; the price target was $90. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid January with a ‘”a Neutral”‘ rating. UBS started covering the stock on December 19, 2024. It rated PLTR as “a Neutral”.
Price Performance Review of PLTR
On Friday, Palantir Technologies Inc [NASDAQ:PLTR] saw its stock jump 1.56% to $82.49. Over the last five days, the stock has gained 4.44%. Palantir Technologies Inc shares have risen nearly 9.07% since the year began. Nevertheless, the stocks have risen 392.77% over the past one year. While a 52-week high of $84.80 was reached on 01/31/25, a 52-week low of $16.03 was recorded on 01/13/25. SMA at 50 days reached $72.66, while 200 days put it at $41.72.
Levels Of Support And Resistance For PLTR Stock
The 24-hour chart illustrates a support level at 80.50, which if violated will result in even more drops to 78.51. On the upside, there is a resistance level at 84.85. A further resistance level may holdings at 87.21. The Relative Strength Index (RSI) on the 14-day chart is 63.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.37, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.51%. Stochastics %K at 89.64% indicates the stock is a selling.
How much short interest is there in Palantir Technologies Inc?
A steep rise in short interest was recorded in Palantir Technologies Inc stocks on 2025-01-15, growing by 6.5 million shares to a total of 83.79 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 77.28 million shares. There was a rise of 7.76%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 12, 2024 when Robert W. Baird began covering the stock and recommended ‘”a Neutral”‘ rating along with a $70 price target.
