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 $26,991,578 were sold by Cohen Stephen Andrew on Mar 17 ’25. At $87.07 per share, Cohen Stephen Andrew sold 310,000 shares. The insider’s holdings dropped to 592 shares worth approximately $50971.2 following the completion of this transaction.
Also, STEPHEN ANDREW COHEN purchased 310,000 shares, netting a total of over 26,734,400 in proceeds.
Before that, Cohen Stephen Andrew had sold 1,250,000 shares from its account. In a trade valued at $106,629,807, the insider traded Palantir Technologies Inc shares for $85.30 each. Upon closing the transaction, the insider’s holdings decreased to 1,250,000 shares, worth approximately $50971.2.
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 surge of approximately 2.93%. Over the course of the year, Palantir Technologies Inc shares have jumped approximately 13.84%. 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 $87.79, while a 200-day SMA reached $53.57.
Support And Resistance Levels for Palantir Technologies Inc (PLTR)
According to the 24-hour chart, there is a support level at 83.31, which, if violated, would cause prices to drop to 80.52. In the upper region, resistance lies at 88.44. The next price resistance is at 90.78. RSI (Relative Strength Index) is 48.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.24, which suggests the price will increase in the coming days. Percent R is at 27.53%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
