PLTR
Palantir Technologies Inc. (PLTR)
Palantir Technologies Inc., founded in 2003 by Peter Thiel, Stephen Cohen, Joe Lonsdale, and Alex Karp, is an American software company specializing in big data analytics. Headquartered in Denver, Colorado, Palantir offers platforms such as Palantir Gotham, Palantir Foundry, Palantir Apollo, and Palantir AIP, designed to assist organizations in integrating, managing, and analyzing large datasets. Their solutions are utilized across various sectors, including government agencies, financial institutions, and commercial enterprises, to support decision-making processes and operational efficiency.
Recent Stock Performance
As of February 19, 2025, Palantir's stock (NYSE: PLTR) is trading at $124.13, reflecting a slight decrease of $0.49 (0.39%) from the previous close. The stock experienced an intraday high of $125.39 and a low of $121.61, with a trading volume of 46,295,623 shares.
Recent Developments
- AI Partnership: Palantir has secured a significant partnership to transform complex contracts into real-time intelligence, potentially enhancing its AI capabilities and offering substantial benefits to investors.
- Stock Sale Plan: CEO Alexander Karp has initiated a new trading plan under Rule 10b5-1 to sell up to 9,975,000 shares by September 12, 2025, potentially amounting to $1.23 billion at the current stock price.
- Stock Rating: Palantir has achieved a 99 Composite Rating, placing it among the top-performing stocks in the market, alongside companies like Netflix and Shopify.
