Rep. Gilbert Cisneros (D-CA) Sells PLTR Stock
U.S. Representative Gilbert Cisneros sold shares of Palantir Technologies valued between $1,001 and $15,000 on May 15, 2026.
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Rep. Gilbert Cisneros (D-CA) sold between $1,001 and $15,000 of Palantir Technologies Inc. ($PLTR) stock on May 15, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed June 9, 2026.
Since the trade, $PLTR is up 2.2% after 1 week, up 0.5% after 1 month and up 38.8% to date (from the $133.99 close on May 15, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Gilbert Cisneros (D-CA)
- Status:
- Member — House
- State/District:
- CA-31
- Party:
- democrat
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Jun 9, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| Palantir Technologies Inc. ($PLTR) | Sell | May 15, 2026 | $1,001 - $15,000 |
Summary of the filed report, not the original document. Find the original: House financial disclosure search
PLTR
Palantir Technologies Inc.
Key Points
- Gilbert Cisneros, a Democrat from California's 31st district, sold shares of Palantir Technologies valued between $1,001 and $15,000 on May 15, 2026.
- Palantir Technologies operates in the software industry with a market cap of approximately $481.8 billion and a P/E ratio of 172.8.
- Analysts maintain a positive outlook for Palantir, with a consensus recommendation of buy and a mean price target of about $206.43.
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Trade Details
U.S. Representative Gilbert Cisneros, a Democrat from California's 31st district, sold shares of Palantir Technologies Inc. (PLTR) on May 15, 2026. The transaction was valued between $1,001 and $15,000 and was reported on June 9, 2026. At the time of the sale, Palantir's stock was trading at $116.60.
Gilbert Cisneros vs. the S&P 500
Hypothetical returns from Gilbert Cisneros's disclosed trades, not real profit or advice. How we model this.
Context of the Trade
Cisneros's sale comes amid a backdrop of other recent transactions involving Palantir Technologies. Notably, on the same day he sold shares, Senator John Boozman disclosed a purchase of Palantir shares valued between $1,001 and $15,000. This pattern of legislative trading can provide insights into how lawmakers perceive technology firms like Palantir, especially as they engage in discussions on national security and intelligence.
Institutional Sentiment
Palantir Technologies is seeing varied institutional interest. While no peer funds reported significant movements in recent filings, the overall market sentiment remains strong. This is reflected in the robust trading volumes and the company's substantial market cap of approximately $481.8 billion.
How Palantir Technologies Inc. Stock Has Traded
Palantir's stock is currently trading at $116.60, a significant dip from its 52-week high of $212.94. Investors may be watching closely to see if it can regain momentum, especially with recent analyst upgrades and targets that suggest a potential for growth.
Analysts Set New Price Targets
Analysts have provided strong support for Palantir Technologies. On October 15, 2026, Mizuho maintained an Outperform rating with a price target of $245. This comes after several other firms, including Goldman Sachs, upgraded their ratings, showing growing confidence in the company's future. The average target across analysts is around $206.43, indicating an optimistic outlook.
What Palantir Technologies Inc. Does
Palantir Technologies builds software platforms mainly for government and defense operations. Their tools are designed to integrate and analyze data, helping organizations make crucial decisions. As they continue to expand their offerings, the company is set to report earnings on November 2, 2026.
What's Ahead for Palantir Technologies Inc.
Investors will be closely watching for Palantir's next earnings release on November 2, 2026. This will provide further insights into its performance and may influence future trading by lawmakers and investors alike. Keep in mind that Cisneros's transaction reflects only his past holdings and may not represent his current investment stance.
Related Filing Alerts
Source: Gilbert Cisneros's STOCK Act disclosure on $PLTR (May 15, 2026). Find the original filing: House financial disclosure search. Written by software, not financial advice. How we make alerts