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Director Stat Lauren Elaina Friedman of Palantir Technologies Inc (NYSE:NASDAQ:PLTR), now valued at $335.49 billion, sold 800 shares of Class A Common Stock on July 9, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as PLTR trades near its 52-week high, having delivered an impressive 406% return over the past year. The shares were sold at a price of $139.61, for a total transaction value of $111,688.
Following the transaction, Friedman directly owns 62,887 shares of Palantir Class A Common Stock. In addition, Friedman indirectly owns 80,794 shares through a spouse and 7,335 shares through a child’s 2025 gift trust.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan, adopted on September 12, 2024.
In other recent news, Palantir Technologies announced several strategic partnerships and initiatives, highlighting its active role in various sectors. The company has partnered with Tomorrow.io to integrate weather data into Palantir’s platforms, enabling automated decision-making across multiple industries. This collaboration will allow Tomorrow.io to offer its services within Palantir’s FedStart program, enhancing its federal government reach. Additionally, Palantir has formed a significant partnership with Accenture (NYSE:ACN) Federal Services, designating it as a preferred implementation partner for AI solutions in U.S. federal government agencies. This partnership will focus on modernizing enterprise systems and optimizing supply chains among other offerings.
In another development, Palantir has teamed up with The Nuclear Company to develop an AI-driven software system for nuclear construction projects. This initiative aims to transform nuclear plant construction into a data-driven process, addressing challenges and enhancing regulatory compliance. Analyst firm Wedbush has raised Palantir’s stock price target to $160, citing confidence in the company’s AI strategy and potential revenue growth from its AIP US commercial business. These recent developments underscore Palantir’s expanding influence and strategic positioning in technology and government sectors.
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