Palantir Technologies (PLTR) is a data analytics and software company that provides solutions for various industries including government, healthcare, and finance. In this article, we will focus on analyzing the institutional ownership and insider trading activities of PLTR.
As of the current real-time price of $181.76, PLTR has been experiencing significant interest from institutional investors and insiders. Institutional ownership can provide insight into the confidence large investors have in the company's future prospects, while insider trading activities can indicate management's sentiment towards the stock.
Based on the current price of $181.76, PLTR's support level is around $175, with resistance at $185. The stock has been trading within this range for the past week, indicating a consolidation phase. If PLTR breaks above $185, it could potentially reach the next resistance level at $190. On the downside, a break below $175 could see the stock retesting support at $170.
| Year | Price Target |
|---|---|
| 2025 | $250 |
| 2026 | $300 |
| 2027 | $350 |
Based on the analysis of institutional ownership and insider trading, as well as the technical outlook, PLTR appears to be a buy at the current price of $181.76. With strong institutional support and positive insider sentiment, the stock could potentially reach our price targets of $250 by 2025, $300 by 2026, and $350 by 2027.