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

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 Stock Performance

Shares of NASDAQ:PLTR traded down $4.94 during midday trading on Friday, reaching $101.33. The company had a trading volume of 128,298,628 shares, compared to its average volume of 90,959,516. Palantir Technologies Inc. has a 1-year low of $20.33 and a 1-year high of $125.41. The firm has a market cap of $230.84 billion, a price-to-earnings ratio of 533.36, a price-to-earnings-growth ratio of 11.52 and a beta of 2.81. The company has a fifty day simple moving average of $85.87 and a two-hundred day simple moving average of $59.37.

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Insider Activity at Palantir Technologies

In other Palantir Technologies news, Director Lauren Elaina Friedman Stat sold 9,746 shares of Palantir Technologies stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $66.77, for a total value of $650,740.42. Following the transaction, the director now directly owns 111,644 shares of the company's stock, valued at $7,454,469.88. The trade was a 8.03 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Shyam Sankar sold 5,250,000 shares of Palantir Technologies stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $70.08, for a total value of $367,920,000.00. Following the completion of the transaction, the insider now directly owns 752,786 shares in the company, valued at approximately $52,755,242.88. This represents a 87.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,680,992 shares of company stock valued at $473,395,877. Corporate insiders own 12.93% of the company's stock.

Wall Street Analyst Weigh In

PLTR has been the subject of a number of recent analyst reports. Cantor Fitzgerald increased their price target on Palantir Technologies from $72.00 to $98.00 and gave the company a "neutral" rating in a research report on Tuesday, February 4th. Argus lowered Palantir Technologies from a "buy" rating to a "hold" rating in a research report on Thursday, November 7th. Wedbush raised their price objective on Palantir Technologies from $75.00 to $90.00 and gave the stock an "outperform" rating in a research report on Thursday, January 23rd. Robert W. Baird raised their price objective on Palantir Technologies from $70.00 to $100.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 4th. Finally, DA Davidson raised their price objective on Palantir Technologies from $47.00 to $105.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 4th. Six research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Palantir Technologies has an average rating of "Hold" and an average target price of $73.21.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PLTR. State Street Corp raised its stake in shares of Palantir Technologies by 96.4% in the 3rd quarter. State Street Corp now owns 82,512,440 shares of the company's stock valued at $3,069,463,000 after acquiring an additional 40,498,024 shares in the last quarter. Norges Bank bought a new position in shares of Palantir Technologies in the 4th quarter valued at approximately $1,360,191,000. Geode Capital Management LLC raised its stake in shares of Palantir Technologies by 52.9% in the 3rd quarter. Geode Capital Management LLC now owns 47,946,926 shares of the company's stock valued at $1,777,568,000 after acquiring an additional 16,598,253 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of Palantir Technologies by 3,476.2% in the 3rd quarter. International Assets Investment Management LLC now owns 6,832,301 shares of the company's stock valued at $254,162,000 after acquiring an additional 6,641,253 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Palantir Technologies by 60.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 12,387,040 shares of the company's stock valued at $460,798,000 after acquiring an additional 4,667,955 shares in the last quarter. 45.65% of the stock is owned by institutional investors.

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.

About Palantir Technologies

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.