TSX up after index logs fresh record high close
Director Alexander D. Moore of Palantir Technologies Inc. (NASDAQ:PLTR) sold 19,999 shares of Class A Common Stock on September 2, 2025, for a total of $3,128,317. The sales were executed in multiple transactions at prices ranging from $151.5567 to $157.6846. The stock, currently trading at $156.14, has seen remarkable momentum with a 417% return over the past year, according to InvestingPro data.
The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 22, 2024. Following the transactions, Moore directly owns 1,272,978 shares of Palantir Technologies Inc . With a market capitalization of $367.48 billion and an overall financial health score of "GREAT," InvestingPro analysis indicates the stock is currently overvalued. Subscribers can access 18 additional ProTips and a comprehensive Pro Research Report for deeper insights into PLTR’s valuation and growth prospects.
In other recent news, Palantir Technologies Inc. hosted its eighth AIPCon event, featuring presentations from over 70 U.S. commercial customers. This event showcased applications of Palantir’s Foundry and Artificial Intelligence Platform across various sectors, including nuclear power development and healthcare. In a separate development, Palantir announced a multi-year expansion of its partnership with Japan’s SOMPO Holdings, enhancing their joint venture to include broader applications in insurance claims processes.
Additionally, Palantir has entered into a partnership with Lumen Technologies to integrate its platforms across Lumen’s operations, aiming to streamline workflows and accelerate decision-making. William Blair reiterated its Market Perform rating on Palantir, following the AIPCon 8 event and updated its commercial logo tracker with new customer logos. Meanwhile, Citron Research expressed caution regarding Palantir’s valuation, contributing to some investor concern. These developments reflect ongoing momentum and partnerships for Palantir in the tech and analytics space.
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