Why is he selling around 50% of his shares? 

Palantir Technologies Inc. CEO Alexander C. Karp sold 6,323,602 Shares.

Palantir Technologies Inc.'s CEO Alexander C. Karp conducted two sales on November 13, 2024, and November 15, 2024, totaling 6,323,602 shares of company common stock. The average sale prices ranged from $63.10 to $63.1164. After these transactions, the number of shares he holds decreased to 6,432,258 shares. The sell-off by executives might be perceived negatively by the market, and investors should pay close attention.
Palantir Technologies Inc. CEO Alexander C. Karp sold 6,323,602 Shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet