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Alexandra W. Schiff, a director at Palantir Technologies Inc . (NYSE:NASDAQ:PLTR), has sold a significant portion of her holdings in the company. The sale comes as Palantir’s stock trades near its 52-week high of $111.55, having delivered an impressive 371% return over the past year. According to a recent SEC filing, Schiff sold a total of 4,000 shares of Class A Common Stock on February 4, 2025. The transactions were executed at prices ranging from $101.622 to $106.0567 per share, amounting to a total sale value of approximately $415,318. Based on InvestingPro data, the company currently trades at elevated multiples, with a P/E ratio of 532 and maintains impressive gross profit margins of 80%.
These transactions were conducted under a Rule 10b5-1 trading plan, which was established on August 22, 2024. Following these sales, Schiff retains ownership of 191,393 shares of Palantir’s Class A Common Stock. InvestingPro analysis reveals 23 additional investment tips for PLTR, including detailed insights on the company’s valuation, growth prospects, and financial health metrics.
In other recent news, Palantir Technologies Inc. has been the subject of several analyst updates. William Blair maintained its Underperform rating on Palantir, citing concerns over the company’s valuation despite its recent revenue and operating income that exceeded market expectations. On the other hand, Wedbush analysts raised their price target on Palantir shares to $120 from the previous $90, reiterating an Outperform rating and lauding the company’s role in advancing the artificial intelligence revolution.
BofA Securities also increased its price target to $125, focusing on a long-term outlook and reaffirming a Buy rating. The firm highlighted Palantir’s distinct market position amid an increasingly competitive artificial intelligence sector. HSBC analysts, while keeping a Hold rating, raised their price target on Palantir shares to $96.00, citing the company’s first-quarter results for 2025 and full-year guidance surpassing expectations.
Lastly, Mizuho (NYSE:MFG) Securities raised its price target on Palantir shares to $80 but retained an Underperform rating. The firm acknowledged the company’s impressive results but expressed difficulty in justifying the company’s high multiple. These are recent developments, demonstrating a range of analyst perspectives on Palantir’s performance and future prospects.
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