Palantir Technologies Inc. (NYSE:PLTR – Get Rating) insider Shyam Sankar sold 50,000 shares of the stock in a transaction dated Friday, November 25th. The stock was sold at an average price of $7.24, for a total transaction of $362,000.00. Following the sale, the insider now owns 1,855,012 shares in the company, valued at $13,430,286.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Palantir Technologies Price Performance
NYSE PLTR traded down $0.08 during trading hours on Tuesday, reaching $7.08. The company's stock had a trading volume of 22,092,998 shares, compared to its average volume of 42,775,848. The firm has a fifty day simple moving average of $7.92 and a 200-day simple moving average of $8.54. The stock has a market cap of $14.73 billion, a P/E ratio of -25.78 and a beta of 3.10. Palantir Technologies Inc. has a 52 week low of $6.44 and a 52 week high of $21.40.