Palantir Technologies Inc. (PLTR) recently announced that Director Lauren Elaina Friedman has sold 800 shares at a price of $139.61 per share on July 9, 2025.
Palantir Technologies Inc. (PLTR) recently reported that Director Lauren Elaina Friedman sold 800 shares of the company's stock on July 9, 2025. The transaction, which occurred pursuant to Rule 144 under the Securities Act of 1933, was executed at a price of $139.61 per share [1].
Friedman's sale was part of a broader notice filed by Palantir, detailing the proposed sale of securities. The notice includes information on the issuer, the securities to be sold, and the nature of the acquisition. Notably, the securities Friedman sold were acquired through restricted stock units on January 18, 2022, and were held until the sale date [1].
The sale of 800 shares by Friedman is a significant transaction, given the recent market activity surrounding Palantir's stock. Over the past six months, insiders have been actively trading PLTR stock, with a notable trend of sales exceeding purchases. For instance, Stephen Andrew Cohen sold 5,079,053 shares, while Shyam Sankar sold 1,158,569 shares [3].
Institutional investors have also shown interest in PLTR, with Vanguard Group, BlackRock, Inc., and JPMorgan Chase & Co. making substantial adjustments to their portfolios. Vanguard Group, for example, removed 22,937,547 shares from its portfolio in Q1 2025, while BlackRock, Inc. added 15,876,287 shares [3].
Palantir's recent initiatives, such as the Warp Speed for Warships project, have also been significant drivers of market interest. This collaboration with BlueForge Alliance and the U.S. Navy's Maritime Industrial Base Program aims to accelerate shipbuilding modernization and digital transformation [2].
Despite the recent activity, PLTR remains a volatile stock. The company's AI and intelligence community software platforms have drawn attention, but the market's perception of potential risks and rewards continues to evolve. Investors should closely monitor Palantir's financial performance and strategic developments to make informed investment decisions.
References:
[1] https://www.streetinsider.com/SEC+Filings/Form+144+Palantir+Technologies+Filed+by%3A+Stat+Lauren+Elaina+Friedman/25034049.html
[2] https://finance.yahoo.com/news/palantir-unveils-warp-speed-initiative-150637775.html
[3] https://www.nasdaq.com/articles/pltr-stock-2-today-heres-what-we-see-our-data
Comments
No comments yet