Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Palantir Technologies Inc shares valued at $1,610,745 were sold by Planishek Heather A. on Feb 11 ’25. At $115.96 per share, Planishek Heather A. sold 13,891 shares. The insider’s holdings dropped to 512,006 shares worth approximately $60.37 million following the completion of this transaction.
Also, Stat Lauren Elaina Friedman sold 11,794 shares, netting a total of over 1,212,423 in proceeds. Following the sale of shares at $102.80 each, the insider now holds 88,129 shares.
Before that, Schiff Alexandra W. had sold 4,000 shares from its account. In a trade valued at $415,318, the Director traded Palantir Technologies Inc shares for $103.83 each. Upon closing the transaction, the insider’s holdings decreased to 4,000 shares, worth approximately $22.57 million.
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 5.96%. Over the course of the year, Palantir Technologies Inc shares have jumped approximately 55.90%. Shares of the company reached a 52-week high of $118.66 on 02/11/25 and a 52-week low of $63.40 on 01/13/25. A 50-day SMA is recorded $80.66, while a 200-day SMA reached $45.64. Nevertheless, trading volume fell to 59.76 million shares from 75.32 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 115.91, which, if violated, would cause prices to drop to 113.91. In the upper region, resistance lies at 119.15. The next price resistance is at 120.39. RSI (Relative Strength Index) is 78.15 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 17.78, which suggests the price will increase in the coming days. Percent R is at 1.63%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
