Rep. Gilbert Ray Cisneros, Jr. Buys Palantir Technologies Inc. (NASDAQ:PLTR) Stock

Representative 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 7th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.MarketBeat Week in Review – 12/8 - 12/12Representative 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. Get Palantir Technologies alerts:Palantir Technologies Price PerformancePalantir Technologies stock opened at $177.29 on Thursday. Palantir Technologies Inc. has a fifty-two week low of $63.40 and a fifty-two week high of $207.52. The firm has a fifty day moving average price of $179.37 and a two-hundred day moving average price of $164.85. The firm has a market cap of $422.56 billion, a price-to-earnings ratio of 422.13, a P/E/G ratio of 7.28 and a beta of 1.49. Santa Claus May Be Coming Early for Palantir InvestorsPalantir Technologies (NASDAQ:PLTR - Get Free Report) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.04. Palantir Technologies had a return on equity of 15.48% and a net margin of 28.11%.The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period in the previous year, the company posted $0.10 earnings per share. The firm's revenue for the quarter was up 62.8% on a year-over-year basis. As a group, sell-side analysts expect that Palantir Technologies Inc. will post 0.31 earnings per share for the current year. Insider ActivityIn related news, insider Stephen Andrew Cohen sold 39,136 shares of the company's stock in a transaction on Friday, November 21st. The stock was sold at an average price of $156.25, for a total value of $6,115,000.00. Following the transaction, the insider directly owned 592 shares of the company's stock, valued at $92,500. This represents a 98.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Ryan D. Taylor sold 36,048 shares of the firm's stock in a transaction on Monday, November 24th. The stock was sold at an average price of $162.36, for a total value 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 position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 1,008,844 shares of company stock valued at $164,750,951. 9.23% of the stock is owned by corporate insiders. Institutional Trading of Palantir TechnologiesBeyond the Magnificent 7: Meet 3 of Tech’s Rising StarsSeveral hedge funds have recently modified their holdings of the company. Occidental Asset Management LLC grew its stake in shares of Palantir Technologies by 2.8% during the third quarter. Occidental Asset Management LLC now owns 1,964 shares of the company's stock worth $358,000 after acquiring an additional 53 shares during the last quarter. Gallacher Capital Management LLC boosted its stake in Palantir Technologies by 2.2% in the 3rd quarter. Gallacher Capital Management LLC now owns 2,452 shares of the company's stock worth $447,000 after purchasing an additional 53 shares in the last quarter. Bare Financial Services Inc grew its position in Palantir Technologies by 54.5% during the 3rd quarter. Bare Financial Services Inc now owns 156 shares of the company's stock worth $28,000 after purchasing an additional 55 shares during the last quarter. Lionshead Wealth Management LLC increased its stake in Palantir Technologies by 0.4% during the 3rd quarter. Lionshead Wealth Management LLC now owns 13,130 shares of the company's stock valued at $2,395,000 after purchasing an additional 56 shares in the last quarter. Finally, Ellenbecker Investment Group raised its holdings in shares of Palantir Technologies by 3.6% in the third quarter. Ellenbecker Investment Group now owns 1,619 shares of the company's stock worth $295,000 after buying an additional 57 shares during the last quarter. Institutional investors and hedge funds own 45.65% of the company's stock. Analyst Ratings ChangesSeveral brokerages have commented on PLTR. Mizuho lifted their price target on Palantir Technologies from $165.00 to $205.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 4th. CICC Research increased their price target on shares of Palantir Technologies from $128.00 to $150.00 and gave the company a "neutral" rating in a report on Wednesday, November 12th. Daiwa Capital Markets boosted their price objective on shares of Palantir Technologies from $178.00 to $200.00 and gave the stock a "neutral" rating in a report on Thursday, November 6th. Bank of America upped their price objective on shares of Palantir Technologies from $215.00 to $255.00 and gave the company a "buy" rating in a research report on Tuesday, November 4th. Finally, Royal Bank Of Canada lifted their target price on Palantir Technologies from $45.00 to $50.00 and gave the stock an "underperform" rating in a research report on Tuesday, November 4th. Five analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Palantir Technologies presently has a consensus rating of "Hold" and a consensus price target of $172.28.Read Our Latest Analysis on Palantir TechnologiesAbout Representative CisnerosGil 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.About Palantir Technologies (Get Free Report)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.Read MoreFive stocks we like better than Palantir TechnologiesHow Technical Indicators Can Help You Find Oversold Stocks Post 35% Surge, Analysts Eye More Upside in Copper Giant FreeportHow to Calculate Return on Investment (ROI)Why a SpaceX IPO Could Be a Major Catalyst for GOOGL StockUtilities Stocks Explained – How and Why to Invest in UtilitiesCan Upwork Maintain Its Comeback? Reasons to Be Bullish and BearishThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Palantir Technologies Right Now?Before you consider Palantir Technologies, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Palantir Technologies wasn't on the list.While Palantir Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here