Palantir Technologies Inc’s recently made public that its 10% Owner Palantir Technologies Inc. acquired Company’s shares for reported $0.95 million on Mar 25 ’25. In the deal valued at $3.88 per share,244,011 shares were bought. As a result of this transaction, Palantir Technologies Inc. now holds 3,421,007 shares worth roughly $293.69 million.
Then, Cohen Stephen Andrew sold 310,000 shares, generating $26,991,578 in total proceeds. Upon selling the shares at $87.07, the insider now owns 592 shares.
Before that, STEPHEN ANDREW COHEN bought 310,000 shares. Palantir Technologies Inc shares valued at $26,734,400 were divested by the Director at a price of $86.24 per share.
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 fall -4.71% to $85.85. Over the last five days, the stock has lost -5.62%. Palantir Technologies Inc shares have risen nearly 13.51% since the year began. Nevertheless, the stocks have risen 244.92% 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 $90.98, while 200 days put it at $55.97.
Levels Of Support And Resistance For PLTR Stock
The 24-hour chart illustrates a support level at 83.51, which if violated will result in even more drops to 81.16. On the upside, there is a resistance level at 88.79. A further resistance level may holdings at 91.72. The Relative Strength Index (RSI) on the 14-day chart is 46.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.93, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 54.42%. Stochastics %K at 62.13% 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 2025-03-14, dropping by -19.82 million shares to a total of 60.16 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 79.98 million shares. There was a decline of -32.94%, 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.
