The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Palantir Technologies Inc shares valued at $1,629,103 were sold by Moore Alexander D. on Feb 03 ’25. At $81.46 per share, Moore Alexander D. sold 20,000 shares. The insider’s holdings dropped to 1,410,630 shares worth approximately $142.98 million following the completion of this transaction.
Also, DAVID STAT purchased 11,794 shares, netting a total of over 987,630 in proceeds.
Before that, ALEXANDRA SCHIFF had added 4,000 shares to its account. In a trade valued at $334,960, the Director bought Palantir Technologies Inc shares for $83.74 each.
As published in a research note from Morgan Stanley on February 04, 2025, Palantir Technologies Inc [PLTR] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $95 from $60. Analysts at Wedbush resumed the stock at ‘”an Outperform”‘ outlook in a report released in late January. As of January 17, 2025, Cantor Fitzgerald has initiated its “Neutral” rating for PLTR.
Analyzing PLTR Stock Performance
During the last five days, there has been a surge of approximately 27.08%. Over the course of the year, Palantir Technologies Inc shares have jumped approximately 34.02%. Shares of the company reached a 52-week high of $106.91 on 02/04/25 and a 52-week low of $63.40 on 01/13/25. A 50-day SMA is recorded $74.72, while a 200-day SMA reached $42.85. Nevertheless, trading volume fell to 90.47 million shares from 230.79 million shares the previous day.
Support And Resistance Levels for Palantir Technologies Inc (PLTR)
According to the 24-hour chart, there is a support level at 99.26, which, if violated, would cause prices to drop to 97.17. In the upper region, resistance lies at 103.51. The next price resistance is at 105.67. RSI (Relative Strength Index) is 76.02 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 15.10, which suggests the price will increase in the coming days. Percent R is at 14.40%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
