Palantir Technologies Inc’s recent filing unveils that its insider Cohen Stephen Andrew unloaded Company’s shares for reported $106.63 million on Mar 14 ’25. In the deal valued at $85.30 per share,1,250,000 shares were sold. As a result of this transaction, Cohen Stephen Andrew now holds 592 shares worth roughly $51054.079999999994.
Then, Cohen Stephen Andrew sold 1,250,000 shares, generating $103,434,885 in total proceeds. Upon selling the shares at $82.75, the insider now owns 592 shares.
Before that, Cohen Stephen Andrew sold 1,250,000 shares. Palantir Technologies Inc shares valued at $100,183,645 were divested by the insider at a price of $80.15 per share. As a result of the transaction, Cohen Stephen Andrew now holds 592 shares, worth roughly $51054.079999999994.
William Blair upgraded its Palantir Technologies Inc [PLTR] rating to a Mkt perform from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Loop Capital’s analysts, who began to cover the stock in mid February with a ‘”a Buy”‘ rating. Morgan Stanley also remained covering PLTR and has increased its forecast on February 04, 2025 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Wedbush maintained its rating on January 23, 2025. It rated PLTR as “an Outperform”.
Price Performance Review of PLTR
On Friday, Palantir Technologies Inc [NASDAQ:PLTR] saw its stock jump 8.31% to $86.24. Over the last five days, the stock has gained 1.57%. Palantir Technologies Inc shares have risen nearly 14.03% since the year began. Nevertheless, the stocks have risen 249.15% 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 $87.26, while 200 days put it at $52.60.
Levels Of Support And Resistance For PLTR Stock
The 24-hour chart illustrates a support level at 83.18, which if violated will result in even more drops to 80.11. On the upside, there is a resistance level at 88.29. A further resistance level may holdings at 90.33. The Relative Strength Index (RSI) on the 14-day chart is 48.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.74%. Stochastics %K at 36.08% indicates the stock is a holding.
How much short interest is there in Palantir Technologies Inc?
A steep rise in short interest was recorded in Palantir Technologies Inc stocks on 2025-02-28, dropping by -9.44 million shares to a total of 61.18 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 70.62 million shares. There was a decline of -15.44%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 17, 2025 when Cantor Fitzgerald began covering the stock and recommended ‘”a Neutral”‘ rating along with a $72 price target.
