Palantir Technologies (NASDAQ:PLTR) Stock Acquired Rep. Cleo Fields

Representative Cleo Fields (D-Louisiana) recently bought shares of Palantir Technologies Inc. (NASDAQ:PLTR). In a filing disclosed on October 30th, the Representative disclosed that they had bought between $15,001 and $50,000 in Palantir Technologies stock on October 10th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of IREN (NASDAQ:IREN) on 10/10/2025.
  • Purchased $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOG) on 10/10/2025.
  • Purchased $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 10/10/2025.
  • Purchased $1,001 – $15,000 in shares of CoreWeave (NASDAQ:CRWV) on 10/10/2025.
  • Purchased $1,001 – $15,000 in shares of CoreWeave (NASDAQ:CRWV) on 10/9/2025.
  • Purchased $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 9/23/2025.
  • Purchased $1,001 – $15,000 in shares of Opendoor Technologies (NASDAQ:OPEN) on 9/19/2025.
  • Purchased $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 9/18/2025.
  • Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 9/17/2025.
  • Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 9/17/2025.

Palantir Technologies Trading Up 3.0%

NASDAQ:PLTR opened at $200.47 on Friday. Palantir Technologies Inc. has a 12 month low of $40.90 and a 12 month high of $204.18. The stock has a market capitalization of $475.58 billion, a PE ratio of 668.26, a price-to-earnings-growth ratio of 10.87 and a beta of 2.60. The firm’s 50 day moving average is $174.75 and its 200 day moving average is $150.78.

Palantir Technologies (NASDAQ:PLTRGet Free Report) last released its quarterly earnings data on Monday, August 4th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. Palantir Technologies had a net margin of 22.18% and a return on equity of 10.75%. The business had revenue of $1 billion during the quarter, compared to analyst estimates of $939.29 million. During the same period in the previous year, the business earned $0.09 EPS. Palantir Technologies’s revenue was up 48.0% compared to the same quarter last year. Palantir Technologies has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts predict that Palantir Technologies Inc. will post 0.31 earnings per share for the current year.

Insider Activity at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 30,000 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $159.55, for a total value of $4,786,500.00. Following the completion of the sale, the insider directly owned 702,786 shares of the company’s stock, valued at $112,129,506.30. The trade was a 4.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Lauren Elaina Friedman Stat sold 800 shares of the business’s stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $186.39, for a total transaction of $149,112.00. Following the completion of the sale, the director directly owned 62,087 shares of the company’s stock, valued at $11,572,395.93. This represents a 1.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,557,750 shares of company stock worth $239,713,896 in the last three months. 9.23% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on PLTR shares. Morgan Stanley set a $155.00 price objective on shares of Palantir Technologies and gave the company an “equal weight” rating in a research note on Tuesday, August 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Palantir Technologies in a research note on Wednesday, October 8th. UBS Group reiterated a “neutral” rating and issued a $165.00 price objective (up from $110.00) on shares of Palantir Technologies in a research note on Tuesday, August 5th. Cantor Fitzgerald lifted their price objective on shares of Palantir Technologies from $110.00 to $155.00 and gave the company a “neutral” rating in a research note on Tuesday, August 5th. Finally, Wedbush set a $200.00 price target on shares of Palantir Technologies and gave the company an “outperform” rating in a research report on Tuesday, August 5th. Five investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $142.00.

Read Our Latest Stock Analysis on PLTR

Institutional Trading of Palantir Technologies

A number of hedge funds have recently made changes to their positions in PLTR. Norges Bank bought a new stake in shares of Palantir Technologies during the 2nd quarter worth $3,307,457,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of Palantir Technologies during the 2nd quarter worth $2,543,888,000. Vanguard Group Inc. lifted its holdings in shares of Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after acquiring an additional 7,194,216 shares during the last quarter. Nuveen LLC bought a new stake in shares of Palantir Technologies during the 1st quarter worth $520,232,000. Finally, State Street Corp lifted its holdings in shares of Palantir Technologies by 6.9% during the 2nd quarter. State Street Corp now owns 94,481,128 shares of the company’s stock worth $12,879,667,000 after acquiring an additional 6,097,629 shares during the last quarter. 45.65% of the stock is owned by institutional investors.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

About Palantir Technologies

(Get Free Report)

Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.

Further Reading

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