Palantir Technologies Inc’s recently made public that its insider Planishek Heather A. unloaded Company’s shares for reported $1.61 million on Feb 11 ’25. In the deal valued at $115.96 per share,13,891 shares were sold. As a result of this transaction, Planishek Heather A. now holds 512,006 shares worth roughly $ 61.01 million.
Then, Stat Lauren Elaina Friedman sold 11,794 shares, generating $1,212,423 in total proceeds. Upon selling the shares at $102.80, the Director now owns 88,129 shares.
Before that, Schiff Alexandra W. sold 4,000 shares. Palantir Technologies Inc shares valued at $415,318 were divested by the Director at a price of $103.83 per share. As a result of the transaction, Schiff Alexandra W. now holds 191,393 shares, worth roughly $22.81 million.
Morgan Stanley upgraded its Palantir Technologies Inc [PLTR] rating to an Overweight from a an Equal-weight in a research note published on February 04, 2025; the price target was increased to $95 from $60. A number of analysts have revised their coverage, including Wedbush’s analysts, who remained covering the stock and in late January has reiterated a ‘”an Outperform”‘ rating for it. Cantor Fitzgerald began covering PLTR with “Neutral” recommendation on January 17, 2025.
Price Performance Review of PLTR
On Friday, Palantir Technologies Inc [NASDAQ:PLTR] saw its stock jump 1.06% to $119.16. Over the last five days, the stock has gained 7.50%. Palantir Technologies Inc shares have risen nearly 57.56% since the year began. Nevertheless, the stocks have risen 396.29% over the past one year. While a 52-week high of $118.66 was reached on 02/14/25, a 52-week low of $20.33 was recorded on 01/13/25. SMA at 50 days reached $81.72, while 200 days put it at $46.12.
Levels Of Support And Resistance For PLTR Stock
The 24-hour chart illustrates a support level at 117.08, which if violated will result in even more drops to 115.01. On the upside, there is a resistance level at 120.95. A further resistance level may holdings at 122.75. The Relative Strength Index (RSI) on the 14-day chart is 78.73, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 16.83, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.24%. Stochastics %K at 97.46% 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 2025-01-31, dropping by -27.87 million shares to a total of 70.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 98.49 million shares. There was a decline of -39.46%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 19, 2024 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $80 price target.
