Samlunch
07-09
$Palantir Technologies Inc.(PLTR)$  


No insider selling from $PLTR Palantir over this entire run to $27+.

Why does this matter?

Historically, on a run to even $21-$22, we saw insiders take profits. Nothing wrong with that, but it did cause an overhang in the stock and hurt momentum.

No insider selling so far might be the company signaling that they feel Q2 will go well and if they do sell, they may be aiming for a better price post Q2 earnings.

Could also be that they have scheduled sells and are letting those naturally take it’s course, but nice to see almost zero selling as the stock has run 20% in the past month.


Palantir 52-Week-High: Next Target is $30?
Palantir reached a 52-week high on Monday, hitting $29.3. Among AI players, Palantir Technologies has emerged as a standout leader. Plus, its founder Peter Thiel is a strong supporter for J.D. Vance and Trump. --------- Is $30 the next target? Are you optimistic about Palantir's prospects?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
3