Palantir Technologies (NASDAQ:PLTR) Shares Acquired Rep. Marjorie Taylor Greene

Key Points

• Representative Marjorie Taylor Greene purchased between $1,001 and $15,000 in shares of Palantir Technologies Inc. (NASDAQ:PLTR) on July 15, 2023.
• Palantir's stock reached $159.13, having traded up by 2.8% recently, with a significant market capitalization of $375.54 billion.
• The company's quarterly earnings hit $0.13 EPS, matching analysts' expectations, with revenue up by 39.4% compared to the same quarter last year.
• Piper Sandler set an $170 price target for Palantir, while the stock carries an average rating of "Hold" from analysts.

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Palantir Technologies Inc. NASDAQ: PLTR. In a filing disclosed on July 22nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Palantir Technologies stock on July 15th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 7/15/2025.
• Sold $1,001 - $15,000 in shares of lululemon athletica NASDAQ: LULU on 6/17/2025.
• Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 6/17/2025.
• Purchased $1,001 - $15,000 in shares of Tractor Supply NASDAQ: TSCO on 6/17/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of Gilead Sciences NASDAQ: GILD on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 6/6/2025.

Palantir Technologies Trading Down 1.4%

Shares of NASDAQ:PLTR traded down $2.15 during midday trading on Monday, reaching $156.65. The company had a trading volume of 44,510,441 shares, compared to its average volume of 93,648,656. Palantir Technologies Inc. has a 52-week low of $21.23 and a 52-week high of $160.39. The company's 50 day moving average price is $137.03 and its 200 day moving average price is $109.42. The stock has a market cap of $369.68 billion, a P/E ratio of 680.77, a P/E/G ratio of 13.54 and a beta of 2.59.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its earnings results on Monday, May 5th. The company reported $0.13 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.13. Palantir Technologies had a net margin of 18.32% and a return on equity of 6.55%. The business had revenue of $883.86 million for the quarter, compared to analysts' expectations of $863.89 million. During the same quarter in the previous year, the firm posted $0.08 EPS. The business's revenue for the quarter was up 39.4% compared to the same quarter last year. Research analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Alexander C. Karp sold 358,982 shares of the firm's stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $126.39, for a total transaction of $45,371,734.98. Following the completion of the transaction, the insider directly owned 6,432,258 shares in the company, valued at $812,973,088.62. This trade represents a 5.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider David A. Glazer sold 30,812 shares of the stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $126.39, for a total value of $3,894,328.68. Following the transaction, the insider directly owned 495,497 shares in the company, valued at approximately $62,625,865.83. The trade was a 5.85% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,485,632 shares of company stock worth $191,222,623. 12.93% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on PLTR shares. Wedbush set a $160.00 price objective on Palantir Technologies in a research note on Thursday, July 10th. Royal Bank Of Canada restated an "underperform" rating on shares of Palantir Technologies in a research report on Tuesday, May 6th. UBS Group reaffirmed a "positive" rating on shares of Palantir Technologies in a research note on Wednesday, June 25th. Morgan Stanley lifted their price target on shares of Palantir Technologies from $90.00 to $98.00 and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Finally, Loop Capital set a $155.00 target price on Palantir Technologies and gave the stock a "buy" rating in a report on Thursday, June 12th. Four analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $95.30.

Hedge Funds Weigh In On Palantir Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. grew its position in Palantir Technologies by 15.0% during the 1st quarter. Assenagon Asset Management S.A. now owns 49,651 shares of the company's stock worth $4,191,000 after purchasing an additional 6,479 shares during the period. Garrison Bradford & Associates Inc. purchased a new position in Palantir Technologies in the 1st quarter valued at about $45,000. Pitcairn Co. purchased a new position in Palantir Technologies in the 4th quarter valued at about $281,000. Sagespring Wealth Partners LLC lifted its stake in Palantir Technologies by 36.3% in the 1st quarter. Sagespring Wealth Partners LLC now owns 24,054 shares of the company's stock valued at $2,030,000 after buying an additional 6,405 shares in the last quarter. Finally, CX Institutional purchased a new position in Palantir Technologies in the 1st quarter worth approximately $62,000. Hedge funds and other institutional investors own 45.65% of the company's stock.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

About Palantir Technologies

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.