Peter Thiel Has Now Sold $1 Billion of Palantir Stock This Year

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Peter Thiel Has Now Sold $1 Billion of Palantir Stock This Year

Bloomberg09-27

Latest sale involved $600 million of the firm’s stockAll stock sold is common equity, not special voting rightsPeter Thiel sold almost $600 million of Palantir Technologies Inc. stock this week, ...

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Cosmograph
·09-27
er.. All the best to the common shareholders. No way you will be screwed longer term... No no no...
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Margaritas
·09-27
The sugar daddy of JD Vance?? i personally wish her would divest himself of all of his stock AND voting rights and give his money to rainbow-friendly causes instead of the GOP
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The billionaire planned to sell as many as 20 million shares. In May, the entity adopted a second trading plan encompassing as many as 28.6 million shares, a filing shows.</p><p>Filings didn’t disclose why Thiel sold the stock or what he plans to do with the money. He didn’t respond to a request for comment. The 56-year-old co-founded Palantir and has a $12.4 billion fortune, according to the Bloomberg Billionaires Index.</p><p>Thiel only sold common equity, not units from the share classes with special voting rights that give him and co-founders Alex Karp and Stephen Cohen control of the board.</p><p>Palantir this week was added to the S&amp;P 500. Its shares have more than doubled so far this year.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Peter Thiel Has Now Sold $1 Billion of Palantir Stock This Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPeter Thiel Has Now Sold $1 Billion of Palantir Stock This Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-27 11:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-09-27/peter-thiel-has-now-sold-1-billion-of-palantir-stock-this-year?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Latest sale involved $600 million of the firm’s stockAll stock sold is common equity, not special voting rightsPeter Thiel sold almost $600 million of Palantir Technologies Inc. stock this week, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-09-27/peter-thiel-has-now-sold-1-billion-of-palantir-stock-this-year?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2024-09-27/peter-thiel-has-now-sold-1-billion-of-palantir-stock-this-year?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197799262","content_text":"Latest sale involved $600 million of the firm’s stockAll stock sold is common equity, not special voting rightsPeter 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 days this week, according to a regulatory filing, adding to the 20 million shares he sold in March and May.Palantir in December disclosed that entities owned by Thiel had adopted the kind of trading plan that public-company executives commonly use to schedule sales. The billionaire planned to sell as many as 20 million shares. In May, the entity adopted a second trading plan encompassing as many as 28.6 million shares, a filing shows.Filings didn’t disclose why Thiel sold the stock or what he plans to do with the money. He didn’t respond to a request for comment. The 56-year-old co-founded Palantir and has a $12.4 billion fortune, according to the Bloomberg Billionaires Index.Thiel only sold common equity, not units from the share classes with special voting rights that give him and co-founders Alex Karp and Stephen Cohen control of the board.Palantir this week was added to the S&P 500. Its shares have more than doubled so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353920582004760,"gmtCreate":1727414484217,"gmtModify":1727414962583,"author":{"id":"4182296289874312","authorId":"4182296289874312","name":"Margaritas","avatar":"https://community-static.tradeup.com/news/c7750cc570ef09534f13428d615af58f","vip":1,"hat":"https://static.tigerbbs.com/306aa047bc14b6942cda1aed925cf8c3","crmLevel":1,"crmLevelSwitch":0,"idStr":"4182296289874312","authorIdStr":"4182296289874312"},"htmlText":"The sugar daddy of JD Vance?? i personally wish her would divest himself of all of his stock AND voting rights and give his money to rainbow-friendly causes instead of the GOP&nbsp;","listText":"The sugar daddy of JD Vance?? i personally wish her would divest himself of all of his stock AND voting rights and give his money to rainbow-friendly causes instead of the GOP&nbsp;","text":"The sugar daddy of JD Vance?? i personally wish her would divest himself of all of his stock AND voting rights and give his money to rainbow-friendly causes instead of the GOP","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353920582004760","repostId":1197799262,"repostType":2,"repost":{"id":"1197799262","kind":"news","pubTimestamp":1727408968,"share":"https://ttm.financial/m/news/1197799262?lang=&edition=fundamental","pubTime":"2024-09-27 11:49","market":"us","language":"en","title":"Peter Thiel Has Now Sold $1 Billion of Palantir Stock This Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1197799262","media":"Bloomberg","summary":"Latest sale involved $600 million of the firm’s stockAll stock sold is common equity, not special voting rightsPeter Thiel sold almost $600 million of Palantir Technologies Inc. stock this week, bring","content":"<html><head></head><body><ul style=\"\"><li><p>Latest sale involved $600 million of the firm’s stock</p></li><li><p>All stock sold is common equity, not special voting rights</p></li></ul><p>Peter Thiel sold almost $600 million of Palantir Technologies Inc. stock this week, bringing his total disposals this year to more than $1 billion.</p><p>He sold more than 16 million shares over three days this week, according to a regulatory filing, adding to the 20 million shares he sold in March and May.</p><p>Palantir in December disclosed that entities owned by Thiel had adopted the kind of trading plan that public-company executives commonly use to schedule sales. The billionaire planned to sell as many as 20 million shares. In May, the entity adopted a second trading plan encompassing as many as 28.6 million shares, a filing shows.</p><p>Filings didn’t disclose why Thiel sold the stock or what he plans to do with the money. He didn’t respond to a request for comment. The 56-year-old co-founded Palantir and has a $12.4 billion fortune, according to the Bloomberg Billionaires Index.</p><p>Thiel only sold common equity, not units from the share classes with special voting rights that give him and co-founders Alex Karp and Stephen Cohen control of the board.</p><p>Palantir this week was added to the S&amp;P 500. Its shares have more than doubled so far this year.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Peter Thiel Has Now Sold $1 Billion of Palantir Stock This Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPeter Thiel Has Now Sold $1 Billion of Palantir Stock This Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-27 11:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-09-27/peter-thiel-has-now-sold-1-billion-of-palantir-stock-this-year?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Latest sale involved $600 million of the firm’s stockAll stock sold is common equity, not special voting rightsPeter Thiel sold almost $600 million of Palantir Technologies Inc. stock this week, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-09-27/peter-thiel-has-now-sold-1-billion-of-palantir-stock-this-year?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2024-09-27/peter-thiel-has-now-sold-1-billion-of-palantir-stock-this-year?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197799262","content_text":"Latest sale involved $600 million of the firm’s stockAll stock sold is common equity, not special voting rightsPeter 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 days this week, according to a regulatory filing, adding to the 20 million shares he sold in March and May.Palantir in December disclosed that entities owned by Thiel had adopted the kind of trading plan that public-company executives commonly use to schedule sales. The billionaire planned to sell as many as 20 million shares. In May, the entity adopted a second trading plan encompassing as many as 28.6 million shares, a filing shows.Filings didn’t disclose why Thiel sold the stock or what he plans to do with the money. He didn’t respond to a request for comment. The 56-year-old co-founded Palantir and has a $12.4 billion fortune, according to the Bloomberg Billionaires Index.Thiel only sold common equity, not units from the share classes with special voting rights that give him and co-founders Alex Karp and Stephen Cohen control of the board.Palantir this week was added to the S&P 500. Its shares have more than doubled so far this year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":8,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}