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 April 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Palantir Technologies stock on April 8th.

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 Palantir Technologies (NASDAQ:PLTR) on 4/9/2025.

Palantir Technologies Stock Up 6.2 %

Shares of PLTR traded up $5.78 during trading hours on Tuesday, reaching $98.40. 116,484,068 shares of the company traded hands, compared to its average volume of 102,887,086. The business has a fifty day moving average price of $92.63 and a 200-day moving average price of $73.66. Palantir Technologies Inc. has a 12-month low of $20.33 and a 12-month high of $125.41. The stock has a market capitalization of $230.78 billion, a P/E ratio of 517.92, a P/E/G ratio of 10.84 and a beta of 2.74.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Daiwa Capital Markets initiated coverage on Palantir Technologies in a research note on Tuesday, April 1st. They issued a “neutral” rating and a $90.00 price objective for the company. William Blair set a $84.00 target price on shares of Palantir Technologies in a research report on Wednesday, March 5th. Mizuho lifted their price objective on Palantir Technologies from $44.00 to $80.00 and gave the company an “underperform” rating in a research note on Tuesday, February 4th. Bank of America raised their target price on Palantir Technologies from $90.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Finally, Royal Bank of Canada boosted their price target on Palantir Technologies from $11.00 to $40.00 and gave the company an “underperform” rating in a report on Tuesday, February 4th. Five equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $74.95.

Get Our Latest Report on PLTR

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PLTR. Roxbury Financial LLC purchased a new position in shares of Palantir Technologies during the 4th quarter worth $27,000. First PREMIER Bank purchased a new stake in Palantir Technologies in the fourth quarter valued at approximately $28,000. Wolff Wiese Magana LLC lifted its stake in Palantir Technologies by 230.4% during the 4th quarter. Wolff Wiese Magana LLC now owns 380 shares of the company’s stock worth $29,000 after acquiring an additional 265 shares in the last quarter. HighMark Wealth Management LLC grew its position in Palantir Technologies by 73.5% in the 4th quarter. HighMark Wealth Management LLC now owns 392 shares of the company’s stock valued at $30,000 after acquiring an additional 166 shares in the last quarter. Finally, Sierra Ocean LLC purchased a new position in shares of Palantir Technologies in the fourth quarter valued at approximately $31,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Palantir Technologies news, Director Alexandra W. Schiff sold 6,776 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $86.63, for a total transaction of $587,004.88. Following the sale, the director now owns 184,617 shares of the company’s stock, valued at approximately $15,993,370.71. This trade represents a 3.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lauren Elaina Friedman Stat sold 11,794 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $102.80, for a total transaction of $1,212,423.20. Following the completion of the transaction, the director now owns 88,129 shares of the company’s stock, valued at $9,059,661.20. This represents a 11.80 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,989,975 shares of company stock valued at $253,328,090 in the last ninety days. Company 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.

About Palantir Technologies

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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.

Further Reading

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