Billionaire Peter Thiel Just Sold $1 Billion of Palantir Stock. Should You Cash Out, Too?
Thiel sold over $1 billion worth of Palantir stock over the last few days of September and the first day of October, according to Securities and Exchange Commission ( SEC) filings. Those sales came after the company officially joined the S&P 500 on Sept. 23. Thiel also shed about $400 million worth of Palantir stock earlier this year.
Meta Platforms, Inc. (NASDAQ:META) and Palantir Technologies, Inc. (NYSE:PLTR) are among the artificial intelligence stocks ...
Palantir's inclusion in the S&P 500 index was followed by a substantial price rally. Read more about recent insider sales at ...
The Company: Palantir was co-founded by venture capital investors Peter Thiel, Alex Karp, its current CEO, and Stephen Cohen in 2003. Headquartered in Denver, Colorado, the company provides data ...
Palantir co-founder and chairman Peter Thiel has completed selling the maximum number of shares under a trading plan.
Peter Thiel sold almost $600 million of Palantir Technologies Inc. stock this week, bringing his total disposals this year to more than $1 billion. He sold more than 16 million shares over three ...
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