KD Logo

Palantir Technologies Inc [PLTR] Shares Rise 7.17 % on Wednesday

CHWY Stock

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 $97,562,500 were purchased by STEPHEN ANDREW COHEN on Mar 12 ’25. At $78.05 per share, STEPHEN ANDREW COHEN acquired 1,250,000 shares.

Also, Schiff Alexandra W. sold 6,776 shares, netting a total of over 587,010 in proceeds. Following the sale of shares at $86.63 each, the insider now holds 184,617 shares.

Before that, Moore Alexander D. had sold 20,000 shares from its account. In a trade valued at $1,743,735, the Director traded Palantir Technologies Inc shares for $87.19 each. Upon closing the transaction, the insider’s holdings decreased to 20,000 shares, worth approximately $116.33 million.

As published in a research note from William Blair on March 05, 2025, Palantir Technologies Inc [PLTR] has been rated up from an Underperform to a Mkt perform. Analysts at Loop Capital started covering the stock with ‘”a Buy”‘ outlook in a report released in mid February. As of February 04, 2025, Morgan Stanley has increased its “an Equal-weight” rating to a “an Overweight” for PLTR. Earlier on January 23, 2025, Wedbush resumed its rating. Their recommendation was “an Outperform” for PLTR stock.

Analyzing PLTR Stock Performance

During the last five days, there has been a drop of approximately -7.19%. Over the course of the year, Palantir Technologies Inc shares have jumped approximately 10.60%. 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 $87.07, while a 200-day SMA reached $51.98.

Support And Resistance Levels for Palantir Technologies Inc (PLTR)

According to the 24-hour chart, there is a support level at 80.82, which, if violated, would cause prices to drop to 78.00. In the upper region, resistance lies at 85.51. The next price resistance is at 87.38. RSI (Relative Strength Index) is 45.20 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.37, which suggests the price will decrease in the coming days. Percent R is at 73.68%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

Most Popular