Palantir Technologies (NASDAQ:PLTR) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.
by Tristan Rich · The Markets DailyRepresentative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Palantir Technologies Inc. (NASDAQ:PLTR). In a filing disclosed on December 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Palantir Technologies stock on November 18th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 11/26/2025.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
- Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
- Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
- Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
- Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
- Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
- Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
- Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
- Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.
Palantir Technologies Stock Down 5.6%
NASDAQ PLTR traded down $10.46 during mid-day trading on Wednesday, hitting $177.29. The stock had a trading volume of 50,100,260 shares, compared to its average volume of 79,144,625. The company has a 50 day simple moving average of $179.50 and a 200 day simple moving average of $164.76. The company has a market cap of $422.56 billion, a price-to-earnings ratio of 422.13, a P/E/G ratio of 7.10 and a beta of 1.49. Palantir Technologies Inc. has a 52-week low of $63.40 and a 52-week high of $207.52.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted its earnings results on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.04. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.09 billion. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.Palantir Technologies’s revenue was up 62.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.10 earnings per share. As a group, equities analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.
Analyst Ratings Changes
PLTR has been the topic of several research reports. HSBC increased their price target on shares of Palantir Technologies from $181.00 to $197.00 and gave the company a “hold” rating in a research report on Wednesday, November 5th. Mizuho upped their target price on shares of Palantir Technologies from $165.00 to $205.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Citigroup upped their price objective on shares of Palantir Technologies from $190.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Northland Securities lifted their target price on shares of Palantir Technologies from $14.00 to $18.50 in a research note on Tuesday, November 4th. Finally, Cantor Fitzgerald increased their price target on Palantir Technologies from $155.00 to $198.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Five research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $172.28.
View Our Latest Stock Report on Palantir Technologies
Institutional Investors Weigh In On Palantir Technologies
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Signature Resources Capital Management LLC acquired a new position in Palantir Technologies during the second quarter valued at approximately $25,000. Wealth Preservation Advisors LLC purchased a new stake in Palantir Technologies during the 1st quarter worth $27,000. 1248 Management LLC acquired a new stake in Palantir Technologies in the 1st quarter valued at $27,000. Briaud Financial Planning Inc purchased a new position in Palantir Technologies in the second quarter valued at about $27,000. Finally, LFA Lugano Financial Advisors SA acquired a new position in shares of Palantir Technologies during the second quarter worth about $27,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other news, insider David A. Glazer sold 9,000 shares of Palantir Technologies stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $185.91, for a total transaction of $1,673,190.00. Following the sale, the insider owned 413,639 shares in the company, valued at $76,899,626.49. This trade represents a 2.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Ryan D. Taylor sold 36,048 shares of the company’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $162.36, for a total transaction of $5,852,753.28. Following the completion of the transaction, the insider owned 251,409 shares of the company’s stock, valued at $40,818,765.24. This trade represents a 12.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 1,017,844 shares of company stock valued at $166,349,351. Company insiders own 12.93% of the company’s stock.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
Palantir Technologies Company Profile
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.
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