Senator John Boozman (Republican-Arkansas) recently bought shares of Palantir Technologies Inc. (NASDAQ:PLTR). In a filing disclosed on June 16th, the Senator disclosed that they had bought between $1,001 and $15,000 in Palantir Technologies stock on May 15th.
Senator John Boozman also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) on 5/27/2026.
- Purchased $1,001 – $15,000 in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) on 5/27/2026.
- Purchased $1,001 – $15,000 in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSEARCA:GIGB) on 5/27/2026.
- Purchased $1,001 – $15,000 in shares of Goldman Sachs Access Treasury 0-1 Year ETF (NYSEARCA:GBIL) on 5/27/2026.
- Purchased $1,001 – $15,000 in shares of iShares Agency Bond ETF (NYSEARCA:AGZ) on 5/27/2026.
- Purchased $1,001 – $15,000 in shares of iShares MBS ETF (NASDAQ:MBB) on 5/27/2026.
- Purchased $1,001 – $15,000 in shares of iShares CMBS ETF (NYSEARCA:CMBS) on 5/27/2026.
- Purchased $1,001 – $15,000 in shares of iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH) on 5/27/2026.
- Purchased $1,001 – $15,000 in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) on 5/27/2026.
- Purchased $1,001 – $15,000 in shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) on 5/27/2026.
Palantir Technologies Price Performance
Shares of PLTR stock traded down $6.32 during trading hours on Thursday, hitting $107.19. 20,115,965 shares of the company’s stock were exchanged, compared to its average volume of 47,075,414. Palantir Technologies Inc. has a 52 week low of $106.93 and a 52 week high of $207.52. The stock has a market cap of $256.96 billion, a price-to-earnings ratio of 121.15, a price-to-earnings-growth ratio of 1.85 and a beta of 1.53. The stock’s 50-day moving average is $137.11 and its 200-day moving average is $151.23.
Hedge Funds Weigh In On Palantir Technologies
A number of large investors have recently bought and sold shares of PLTR. Vanguard Group Inc. increased its holdings in shares of Palantir Technologies by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 215,444,098 shares of the company’s stock worth $38,295,188,000 after acquiring an additional 1,557,828 shares during the last quarter. State Street Corp boosted its holdings in shares of Palantir Technologies by 1.1% during the fourth quarter. State Street Corp now owns 102,385,317 shares of the company’s stock worth $18,198,990,000 after acquiring an additional 1,126,418 shares during the period. Geode Capital Management LLC grew its position in shares of Palantir Technologies by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company’s stock valued at $9,599,882,000 after purchasing an additional 805,047 shares during the last quarter. Norges Bank bought a new position in shares of Palantir Technologies during the fourth quarter worth approximately $5,149,641,000. Finally, Invesco Ltd. boosted its stake in Palantir Technologies by 2.8% in the 4th quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock valued at $3,984,281,000 after purchasing an additional 616,297 shares during the period. Institutional investors and hedge funds own 45.65% of the company’s stock.
Analysts Set New Price Targets
A number of research firms recently commented on PLTR. Citigroup upped their price objective on Palantir Technologies from $210.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Weiss Ratings lowered Palantir Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, April 27th. Zacks Research raised Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Benchmark downgraded shares of Palantir Technologies to a “hold” rating in a research report on Tuesday, June 16th. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $138.00 price objective on shares of Palantir Technologies in a research note on Friday, May 22nd. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $192.76.
Read Our Latest Stock Analysis on Palantir Technologies
Insider Buying and Selling at Palantir Technologies
In other news, insider Jeffrey Buckley sold 1,481 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $128.80, for a total transaction of $190,752.80. Following the sale, the insider directly owned 60,226 shares of the company’s stock, valued at approximately $7,757,108.80. This represents a 2.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Elaina Friedman Stat sold 1,598 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $160.00, for a total value of $255,680.00. Following the completion of the transaction, the director directly owned 55,022 shares of the company’s stock, valued at approximately $8,803,520. This trade represents a 2.82% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 927,270 shares of company stock valued at $126,197,785 over the last ninety days. 9.53% of the stock is owned by corporate insiders.
Key Headlines Impacting Palantir Technologies
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Wall Street commentary suggests PLTR could rebound after its sharp year-to-date decline, with several bullish pieces arguing the selloff may have gone too far relative to Palantir’s growth profile.
- Positive Sentiment: Analysts highlighted a new strategic partnership with Zeta Global to build AI-powered marketing infrastructure on Palantir Foundry, which some firms called further validation of enterprise AI adoption. Palantir-Zeta Deal Marks Big Step Toward Agentic AI, Says Top Wedbush Analyst
- Positive Sentiment: Cathie Wood’s ARK Invest reportedly bought more Palantir shares, a sign some growth investors still see long-term value in the name.
- Positive Sentiment: Several articles framed the recent drop as a possible buying opportunity, pointing to Palantir’s strong revenue growth, profitability, and expanding commercial and government adoption.
About Senator Boozman
John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas’ U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman’s academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry
About Palantir Technologies
Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.
Palantir’s product portfolio centers on a small number of core platforms.
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