Don’t Worry, Palantir Stock Investors! Why Recent Insider Selling Is NOT a Red Flag
5 Artificial Intelligence Stocks to Buy Before They Skyrocket. Why Recent Insider Selling Is NOT a Red Flag. Don't assume Peter Thiel's recent sale of shares is a warning to stay away. Palantir Technologies shares have recently hit a new 52-week high, but concerns are again rising that shares have become overvalued.Yet while the stock could soon experience another round of turbulence, I wouldn’t take the Thiel insider selling news to mean now’s the time to make an exit from an existing PLTR stock position.But besides valuation concerns , another cause for worry may be news of insider selling, from an entity affiliated with Palantir co-founder Peter Thiel, no less. Thiel has built a multi-billion dollar fortune founding, building, and/or investing in high tech companies. Palantir has of course been one of his most successful ventures.With this, many may be curious why, as Seeking Alpha reported Nov. 15, a venture capital fund affiliated with Thiel recently sold $48 million worth of PL