Rep. Marjorie Taylor Greene Acquires 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 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 Trading Up 4.6 %

PLTR stock opened at $92.62 on Tuesday. The stock has a market cap of $217.23 billion, a PE ratio of 487.50, a P/E/G ratio of 10.84 and a beta of 2.74. Palantir Technologies Inc. has a 12 month low of $20.33 and a 12 month high of $125.41. The company has a 50-day moving average price of $92.63 and a 200 day moving average price of $73.66.

Institutional Investors Weigh In On Palantir Technologies

A number of institutional investors have recently added to or reduced their stakes in the stock. Continuum Advisory LLC boosted its holdings in shares of Palantir Technologies by 3.8% in the 4th quarter. Continuum Advisory LLC now owns 2,670 shares of the company’s stock valued at $202,000 after buying an additional 98 shares in the last quarter. Heritage Wealth Management Inc. CA boosted its stake in Palantir Technologies by 0.4% in the fourth quarter. Heritage Wealth Management Inc. CA now owns 29,024 shares of the company’s stock valued at $2,195,000 after acquiring an additional 111 shares in the last quarter. True Wealth Design LLC boosted its stake in Palantir Technologies by 29.3% in the fourth quarter. True Wealth Design LLC now owns 503 shares of the company’s stock valued at $38,000 after acquiring an additional 114 shares in the last quarter. Gemmer Asset Management LLC grew its holdings in Palantir Technologies by 1.6% in the first quarter. Gemmer Asset Management LLC now owns 7,567 shares of the company’s stock worth $639,000 after purchasing an additional 119 shares during the last quarter. Finally, Westover Capital Advisors LLC increased its position in shares of Palantir Technologies by 1.8% during the fourth quarter. Westover Capital Advisors LLC now owns 7,330 shares of the company’s stock worth $554,000 after purchasing an additional 130 shares in the last quarter. Institutional investors own 45.65% of the company’s stock.

Insider Activity

In related news, Director Lauren Elaina Friedman Stat sold 800 shares of the stock in a transaction that occurred on Thursday, April 3rd. The shares were 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 $4,983,793.75. This trade represents a 1.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Heather A. Planishek sold 13,891 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $115.96, for a total transaction of $1,610,800.36. Following the sale, the insider now directly owns 512,006 shares in the company, valued at approximately $59,372,215.76. This represents a 2.64 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,989,975 shares of company stock worth $253,328,090. Insiders own 12.93% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Wedbush restated an “outperform” rating and set a $120.00 target price on shares of Palantir Technologies in a research report on Monday, March 3rd. DA Davidson dropped their price objective on Palantir Technologies from $105.00 to $100.00 and set a “neutral” rating for the company in a report on Monday. Cantor Fitzgerald increased their target price on Palantir Technologies from $72.00 to $98.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 4th. Morgan Stanley raised shares of Palantir Technologies from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $60.00 to $95.00 in a research note on Tuesday, February 4th. Finally, Daiwa Capital Markets assumed coverage on shares of Palantir Technologies in a report on Tuesday, April 1st. They issued a “neutral” rating and a $90.00 price target on the stock. Five analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $74.95.

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.