Rep. Marjorie Taylor Greene Purchases Palantir Technologies Inc. (NASDAQ:PLTR) Stock

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Palantir Technologies Inc. NASDAQ: PLTR. In a filing disclosed on April 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Palantir Technologies stock on April 9th.

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

• Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Cummins NYSE: CMI on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Devon Energy NYSE: DVN on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/8/2025.

Palantir Technologies Stock Performance

Shares of PLTR traded up $5.78 on Tuesday, reaching $98.40. The stock had a trading volume of 117,035,424 shares, compared to its average volume of 72,009,046. The firm has a market capitalization of $230.78 billion, a price-to-earnings ratio of 517.92, a price-to-earnings-growth ratio of 10.84 and a beta of 2.74. The company has a 50-day simple moving average of $92.38 and a 200-day simple moving average of $73.83. Palantir Technologies Inc. has a 12-month low of $20.33 and a 12-month high of $125.41.

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Institutional Investors Weigh In On Palantir Technologies

Several large investors have recently added to or reduced their stakes in PLTR. Yarger Wealth Strategies LLC bought a new stake in shares of Palantir Technologies in the 1st quarter worth about $232,000. Sapient Capital LLC lifted its holdings in Palantir Technologies by 1,635.6% during the 1st quarter. Sapient Capital LLC now owns 108,703 shares of the company's stock valued at $9,175,000 after buying an additional 102,440 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in Palantir Technologies by 52.8% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 42,670 shares of the company's stock valued at $3,601,000 after buying an additional 14,742 shares in the last quarter. Fifth Third Bancorp grew its stake in Palantir Technologies by 19.3% in the 1st quarter. Fifth Third Bancorp now owns 80,096 shares of the company's stock worth $6,760,000 after acquiring an additional 12,982 shares in the last quarter. Finally, Simon Quick Advisors LLC increased its position in shares of Palantir Technologies by 36.6% during the first quarter. Simon Quick Advisors LLC now owns 15,024 shares of the company's stock worth $1,268,000 after acquiring an additional 4,025 shares during the period. 45.65% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on PLTR. Loop Capital reiterated a "buy" rating on shares of Palantir Technologies in a report on Friday, April 4th. Royal Bank of Canada upped their price target on shares of Palantir Technologies from $11.00 to $40.00 and gave the stock an "underperform" rating in a research note on Tuesday, February 4th. William Blair set a $84.00 target price on shares of Palantir Technologies in a report on Wednesday, March 5th. Morgan Stanley raised shares of Palantir Technologies from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $60.00 to $95.00 in a research report on Tuesday, February 4th. Finally, Mizuho boosted their price target on Palantir Technologies from $44.00 to $80.00 and gave the stock an "underperform" rating in a research note on Tuesday, February 4th. Five analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, Palantir Technologies currently has a consensus rating of "Hold" and an average target price of $74.95.

Insider Activity

In other Palantir Technologies news, insider Stephen Andrew Cohen sold 1,250,000 shares of the company's stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $82.75, for a total transaction of $103,437,500.00. Following the completion of the sale, the insider now owns 592 shares in the company, valued at $48,988. This represents a 99.95 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lauren Elaina Friedman Stat sold 800 shares of the business's stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $81.25, for a total value of $65,000.00. Following the completion of the transaction, the director now directly owns 61,339 shares of the company's stock, valued at approximately $4,983,793.75. The trade was a 1.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,989,975 shares of company stock valued at $253,328,090. Corporate insiders own 12.93% of the company's stock.

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.