Palantir Technologies (NASDAQ:PLTR) Shares Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Palantir Technologies Inc. (NASDAQ:PLTR). In a filing disclosed on February 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Palantir Technologies stock on February 12th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Norfolk Southern (NYSE:NSC) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 1/21/2025.

Palantir Technologies Price Performance

Shares of PLTR stock traded up $5.46 on Tuesday, hitting $124.62. The company’s stock had a trading volume of 83,827,692 shares, compared to its average volume of 83,012,750. Palantir Technologies Inc. has a fifty-two week low of $20.33 and a fifty-two week high of $125.00. The firm’s fifty day moving average price is $82.84 and its 200-day moving average price is $57.43. The stock has a market capitalization of $283.89 billion, a price-to-earnings ratio of 655.93, a P/E/G ratio of 11.44 and a beta of 2.81.

Insider Transactions at Palantir Technologies

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 450,000 shares of Palantir Technologies stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $70.95, for a total transaction of $31,927,500.00. Following the completion of the sale, the insider now owns 592 shares of the company’s stock, valued at approximately $42,002.40. The trade was a 99.87 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Alexander C. Karp sold 38,093 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $63.01, for a total value of $2,400,239.93. Following the completion of the sale, the insider now owns 6,432,258 shares of the company’s stock, valued at $405,296,576.58. This represents a 0.59 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,339,480 shares of company stock worth $578,221,285. Corporate insiders own 12.93% of the company’s stock.

Hedge Funds Weigh In On Palantir Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PLTR. SeaCrest Wealth Management LLC boosted its position in Palantir Technologies by 8.2% in the third quarter. SeaCrest Wealth Management LLC now owns 31,843 shares of the company’s stock valued at $1,185,000 after buying an additional 2,400 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its position in shares of Palantir Technologies by 63.4% during the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 37,631 shares of the company’s stock worth $1,400,000 after purchasing an additional 14,600 shares in the last quarter. Firethorn Wealth Partners LLC acquired a new position in shares of Palantir Technologies during the third quarter worth approximately $206,000. Seven Grand Managers LLC acquired a new position in shares of Palantir Technologies during the third quarter worth approximately $930,000. Finally, Tamar Securities LLC acquired a new position in shares of Palantir Technologies during the third quarter worth approximately $331,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. William Blair reaffirmed an “underperform” rating on shares of Palantir Technologies in a research note on Wednesday, December 18th. Royal Bank of Canada lifted their target price on shares of Palantir Technologies from $11.00 to $40.00 and gave the stock an “underperform” rating in a report on Tuesday, February 4th. UBS Group lifted their target price on shares of Palantir Technologies from $80.00 to $105.00 and gave the stock a “neutral” rating in a report on Tuesday, February 4th. Northland Securities lifted their target price on shares of Palantir Technologies from $38.00 to $80.00 and gave the stock a “market perform” rating in a report on Tuesday, February 4th. Finally, Robert W. Baird lifted their target price on shares of Palantir Technologies from $70.00 to $100.00 and gave the stock a “neutral” rating in a report on Tuesday, February 4th. Six research analysts have rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $69.44.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

Palantir Technologies Company Profile

Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.