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In recent transactions, Jeffrey Buckley, the Chief Accounting Officer of Palantir Technologies Inc . (NYSE:NASDAQ:PLTR), executed a series of stock sales amounting to approximately $239,688. The sales occurred over two days, May 20 and May 21, 2025, and involved a total of 1,897 shares of Class A Common Stock. The shares were sold at prices ranging from $125.2605 to $127.7063 per share. The stock, currently trading at $122.29, has demonstrated remarkable strength with a 490% return over the past year. According to InvestingPro analysis, the company appears overvalued at current levels.
These transactions were automatic sales to cover tax withholding obligations related to the vesting of restricted stock units, as noted in the filing. Following these sales, Buckley holds 34,279 shares directly. The sales were executed in multiple open market transactions, with specific price ranges detailed in the filing’s footnotes. With an impressive gross profit margin of 80% and strong financial health metrics, InvestingPro subscribers can access 20+ additional exclusive insights about Palantir’s valuation and growth prospects.
In other recent news, Palantir Technologies Inc. reported a 39% increase in revenue for the first quarter of 2025, reaching $884 million, surpassing estimates by $21 million. This growth was driven by a significant 71% surge in U.S. commercial revenues and a 45% increase in U.S. government revenues. Despite these strong results, international commercial revenues fell short, with challenges noted in Europe. Palantir has also formed a strategic partnership with Divergent Technologies to enhance its manufacturing capabilities through the integration of Divergent’s advanced manufacturing system into Palantir’s software platforms. This collaboration aims to improve on-demand production for defense and commercial clients.
Analysts have responded to Palantir’s performance with mixed ratings. Cantor Fitzgerald and UBS both raised their price targets to $110, maintaining a Neutral stance due to valuation concerns. RBC Capital, however, continues to rate Palantir as Underperform, citing growth potential and product differentiation issues. Loop Capital Markets raised its price target to $130, reiterating a Buy rating and highlighting the company’s strong fundamentals and potential in the enterprise AI market. These developments reflect varying perspectives on Palantir’s valuation and growth trajectory amidst its robust revenue performance.
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