Palantir Technologies Inc’s recent filing unveils that its insider Planishek Heather A. unloaded Company’s shares for reported $1.9 million on Feb 20 ’25. In the deal valued at $102.32 per share,18,537 shares were sold. As a result of this transaction, Planishek Heather A. now holds 493,469 shares worth roughly $44.75 million.
Then, Planishek Heather A. sold 3,868 shares, generating $411,170 in total proceeds. Upon selling the shares at $106.30, the insider now owns 489,601 shares.
Before that, Sankar Shyam sold 149,773 shares. Palantir Technologies Inc shares valued at $15,324,941 were divested by the insider at a price of $102.32 per share. As a result of the transaction, Sankar Shyam now holds 702,786 shares, worth roughly $63.73 million.
Loop Capital initiated its Palantir Technologies Inc [PLTR] rating to a Buy in a research note published on February 20, 2025; the price target was $141. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early February from “an Equal-weight” to “an Overweight”. Wedbush also remained covering PLTR and reiterated its “an Outperform” recommendation on January 23, 2025. Cantor Fitzgerald started covering the stock on January 17, 2025. It rated PLTR as “a Neutral”.
Price Performance Review of PLTR
On Friday, Palantir Technologies Inc [NASDAQ:PLTR] saw its stock fall -10.53% to $90.68. Over the last five days, the stock has lost -23.90%. Palantir Technologies Inc shares have risen nearly 19.90% since the year began. Nevertheless, the stocks have risen 298.77% over the past one year. While a 52-week high of $125.41 was reached on 02/19/25, a 52-week low of $20.33 was recorded on 01/13/25. SMA at 50 days reached $85.19, while 200 days put it at $48.22.
Levels Of Support And Resistance For PLTR Stock
The 24-hour chart illustrates a support level at 86.98, which if violated will result in even more drops to 83.29. On the upside, there is a resistance level at 96.69. A further resistance level may holdings at 102.71. The Relative Strength Index (RSI) on the 14-day chart is 44.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -11.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.18%. Stochastics %K at 37.26% indicates the stock is a holding.
