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 $41,845,046 were purchased by STEPHEN A COHEN on Feb 20 ’25. At $103.32 per share, STEPHEN A COHEN acquired 405,000 shares.
Also, SHYAM SANKAR purchased 225,000 shares, netting a total of over 23,247,248 in proceeds.
Before that, ALEXANDER KARP had added 585,000 shares to its account. In a trade valued at $59,857,844, the Officer bought Palantir Technologies Inc shares for $102.32 each.
As published in their initiating research note from Loop Capital on February 20, 2025, Palantir Technologies Inc [PLTR] has been a Buy and the price target has been revised to $141. Analysts at Morgan Stanley upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in early February. As of January 23, 2025, Wedbush has reiterated its “an Outperform” rating for PLTR. Earlier on January 17, 2025, Cantor Fitzgerald initiated its rating. Their recommendation was “a Neutral” for PLTR stock.
Analyzing PLTR Stock Performance
During the last five days, there has been a drop of approximately -9.47%. Over the course of the year, Palantir Technologies Inc shares have jumped approximately 40.51%. Shares of the company reached a 52-week high of $125.41 on 02/19/25 and a 52-week low of $63.40 on 01/13/25. A 50-day SMA is recorded $84.33, while a 200-day SMA reached $47.50. Nevertheless, trading volume fell to 241.24 million shares from 147.49 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 98.91, which, if violated, would cause prices to drop to 91.56. In the upper region, resistance lies at 110.51. The next price resistance is at 114.76. RSI (Relative Strength Index) is 57.51 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.73, which suggests the price will increase in the coming days. Percent R is at 40.78%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
