/biz/ - Business & Finance

[Anonymous No.29950012]

>Palantir Insiders Sell Another $18.5 Million of Stock

https://www.barrons.com/articles/palantir-insiders-sell-another-18-5-million-of-stock-51614363808

I>n filings on Wednesday and Thursday, Palantir (ticker: PLTR) general counsel Matthew Long disclosed the sale of another 291,500 shares, raising $8.5 million. That follows his previously disclosed sale of $12.6 million of stock.

>Ryan Taylor, chief legal and business affairs officer, sold an additional 162,500 shares for $4.5 million. Earlier this week, he had disclosed $5.5 million of stock sales.

>Chief Financial Officer David Glazer sold 203,190 shares, generating proceeds of $5.5 million.

>Previous sellers this week included COO Shyam Sankar, who sold $21.5 million of stock, and co-founder Stephen Cohen who sold $53.6 million of stock.

Is this just locking in some profits or do they not have faith in the future of the company?

[Anonymous No.29950572]

What does palantir even do

[Anonymous No.29950577]

>>29950012
Interesting. I bought the dip recently only 50 shares tho lol.

[Anonymous No.29950610]

Good, palantir is a bunch of culty pieces of shit.

[Anonymous No.29950629]

>>29950572
Glownigger spy technology. It is incredibly gay to give your money to them.

[Anonymous No.29950689]

>>29950629
Oh I see. All I know is I bought in at like 9 and then the number went up

[Anonymous No.29950894]

>>29950012
>>29950610
>>29950577

>be employee
>complains equity in a newly publicly listed AI/Data analytics company is worthless.

Hmm that seems like a red flag

[Anonymous No.29951135]

>>29950894
What site is that?