AI military-industrial stock Palantir CEO sells shares to cash out over $50 million

AASTOCKS
2025.05.23 13:53

AI military stock Palantir (PLTR.US) CEO Alex Karp has sold over $50 million worth of shares in the artificial intelligence software company.

According to securities filings, the sale price ranged from $125.26 to $127.7 per share. After the sale, Alex Karp holds approximately 6.43 million shares of Palantir, valued at about $790 million based on Thursday's closing price.

Additionally, company executives also sold shares, with Chief Technology Officer Shyam Sankar selling approximately $21 million worth of Palantir stock, while co-founder and President Stephen Cohen sold about $43.5 million worth of shares

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