Palantir Shares Slumped 5% As CEO Alex Karp Sells $1.9 Billion In Shares

10
2
Favorite

Palantir Shares Slumped 5% As CEO Alex Karp Sells $1.9 Billion In Shares

GuruFocus03-13

Since the beginning of 2024, Palantir's CEO, Alex Karp, has sold $1.9 billion worth of company stock, second only to Meta's Mark Zuckerberg. Known for his unconventional statements, Karp's actions ...

Source Link

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（2）

Merlink
·03-13
Yes. Because recession coming next
Reply
2
Report
Nomadr
·03-13
WooWOO!!! Thank you for those stonker lol....‌[开心] ‌
Reply
3
Report

Most Discussed

7x24

All

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1194723038?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-13 21:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1194723038","market":"us","top_or_hot":-1,"title":"Palantir Shares Slumped 5% As CEO Alex Karp Sells $1.9 Billion In Shares","media":"GuruFocus","content":"<div>\n<p>Since the beginning of 2024, Palantir's CEO, Alex Karp, has sold $1.9 billion worth of company stock, second only to Meta's Mark Zuckerberg. Known for his unconventional statements, Karp's actions ...</p>\n\n<a href=\"https://www.gurufocus.com/news/2737322/palantir-pltr-ceo-alex-karp-sells-19-billion-in-shares-amid-stock-surge\">Source Link</a>\n\n</div>\n","source":"lsy1605318755435","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>Palantir Shares Slumped 5% As CEO Alex Karp Sells $1.9 Billion In Shares</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\">\nPalantir Shares Slumped 5% As CEO Alex Karp Sells $1.9 Billion In Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-03-13 21:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.gurufocus.com/news/2737322/palantir-pltr-ceo-alex-karp-sells-19-billion-in-shares-amid-stock-surge><strong>GuruFocus</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since the beginning of 2024, Palantir's CEO, Alex Karp, has sold $1.9 billion worth of company stock, second only to Meta's Mark Zuckerberg. Known for his unconventional statements, Karp's actions ...</p>\n\n<a href=\"https://www.gurufocus.com/news/2737322/palantir-pltr-ceo-alex-karp-sells-19-billion-in-shares-amid-stock-surge\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLTR","symbol_name":"Palantir Technologies Inc.","start_time":0,"source_url":"https://www.gurufocus.com/news/2737322/palantir-pltr-ceo-alex-karp-sells-19-billion-in-shares-amid-stock-surge","article_id":"1194723038","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1605318755435","url":"https://www.gurufocus.com/news/2737322/palantir-pltr-ceo-alex-karp-sells-19-billion-in-shares-amid-stock-surge","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1194723038","pubTimestamp":1741874294,"columns":[],"sourceInfo":{"source_id":"lsy1605318755435","name":"GuruFocus"},"weMediaInfo":null,"summary":"Since the beginning of 2024, Palantir's CEO, Alex Karp, has sold $1.9 billion worth of company stock, second only to Meta's Mark Zuckerberg. Known for his unconventional statements, Karp's actions hav","collect":0,"end_time":0,"defaultTopTitle":"gurufocus.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"translate_title":"Palantir首席执行官Alex Karp出售19亿美元股票，股价下跌5%","themeId":"2ab0e76a75cfec36a65b18f1733d5ae7","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLTR":1.1},"content_text":"Since the beginning of 2024, Palantir's CEO, Alex Karp, has sold $1.9 billion worth of company stock, second only to Meta's Mark Zuckerberg. Known for his unconventional statements, Karp's actions have captured the attention of retail investors, even as he quietly executes significant stock sales.Palantir shares slumped 5% in morning trading.In comparison, other tech giants' executives, such as Apple's Tim Cook, Google's Sundar Pichai, Amazon's Andy Jassy, and Microsoft's Satya Nadella, have sold shares worth between $30 million and $80 million. Karp's sales are notably large, more than double those of Nvidia's CEO, Jensen Huang.Karp plans to sell an additional 10 million shares by September 2025, valued at approximately $800 million at current prices. Despite recent market volatility and concerns over defense budget cuts, Palantir's stock has risen 11% this year, although it has retreated from its 2023 high of around $125 per share. Karp's holdings are currently valued at about $12.8 billion.Palantir, co-founded by Peter Thiel, went public via a direct listing in 2020 and joined the S&P 500 in 2023. The company then moved to the Nasdaq, becoming part of the Nasdaq 100 index, drawing significant interest from retail investors. Palantir specializes in providing data analytics and intelligence services to government agencies and large enterprises.The company's passive investment strategy has proven effective, with major passive investment firms like Blackrock, Vanguard, and State Street Global Advisors holding 22.23% of Palantir's stock, surpassing holdings in Microsoft, Apple, and Nvidia. Despite a 38% drop since February 18, Palantir remains one of the most actively traded companies, alongside Nvidia and Tesla.CEO Alex Karp is known for his provocative remarks, which have earned him a reputation as an \"eccentric hero\" among some investors. His comments often challenge analysts and even touch on political issues, resonating with certain investor groups.Palantir's success is partly attributed to expectations of favorable government contracts, especially with support from figures like Peter Thiel and Donald Trump. U.S. government business accounts for approximately 60% of Palantir's total revenue.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":413043520102592,"gmtCreate":1741859833786,"gmtModify":1741859839049,"author":{"id":"3582196336336885","authorId":"3582196336336885","name":"Merlink","avatar":"https://static.tigerbbs.com/741db9e3d01255d709f4d301a1acc34f","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3582196336336885","authorIdStr":"3582196336336885"},"htmlText":"Yes. Because recession coming next","listText":"Yes. Because recession coming next","text":"Yes. Because recession coming next","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/413043520102592","repostId":1194723038,"repostType":2,"repost":{"id":"1194723038","kind":"news","pubTimestamp":1741874294,"share":"https://ttm.financial/m/news/1194723038?lang=&edition=fundamental","pubTime":"2025-03-13 21:58","market":"us","language":"en","title":"Palantir Shares Slumped 5% As CEO Alex Karp Sells $1.9 Billion In Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1194723038","media":"GuruFocus","summary":"Since the beginning of 2024, Palantir's CEO, Alex Karp, has sold $1.9 billion worth of company stock, second only to Meta's Mark Zuckerberg. Known for his unconventional statements, Karp's actions hav","content":"<div>\n<p>Since the beginning of 2024, Palantir's CEO, Alex Karp, has sold $1.9 billion worth of company stock, second only to Meta's Mark Zuckerberg. Known for his unconventional statements, Karp's actions ...</p>\n\n<a href=\"https://www.gurufocus.com/news/2737322/palantir-pltr-ceo-alex-karp-sells-19-billion-in-shares-amid-stock-surge\">Web Link</a>\n\n</div>\n","source":"lsy1605318755435","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>Palantir Shares Slumped 5% As CEO Alex Karp Sells $1.9 Billion In Shares</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\">\nPalantir Shares Slumped 5% As CEO Alex Karp Sells $1.9 Billion In Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-03-13 21:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.gurufocus.com/news/2737322/palantir-pltr-ceo-alex-karp-sells-19-billion-in-shares-amid-stock-surge><strong>GuruFocus</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since the beginning of 2024, Palantir's CEO, Alex Karp, has sold $1.9 billion worth of company stock, second only to Meta's Mark Zuckerberg. Known for his unconventional statements, Karp's actions ...</p>\n\n<a href=\"https://www.gurufocus.com/news/2737322/palantir-pltr-ceo-alex-karp-sells-19-billion-in-shares-amid-stock-surge\">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.gurufocus.com/news/2737322/palantir-pltr-ceo-alex-karp-sells-19-billion-in-shares-amid-stock-surge","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194723038","content_text":"Since the beginning of 2024, Palantir's CEO, Alex Karp, has sold $1.9 billion worth of company stock, second only to Meta's Mark Zuckerberg. Known for his unconventional statements, Karp's actions have captured the attention of retail investors, even as he quietly executes significant stock sales.Palantir shares slumped 5% in morning trading.In comparison, other tech giants' executives, such as Apple's Tim Cook, Google's Sundar Pichai, Amazon's Andy Jassy, and Microsoft's Satya Nadella, have sold shares worth between $30 million and $80 million. Karp's sales are notably large, more than double those of Nvidia's CEO, Jensen Huang.Karp plans to sell an additional 10 million shares by September 2025, valued at approximately $800 million at current prices. Despite recent market volatility and concerns over defense budget cuts, Palantir's stock has risen 11% this year, although it has retreated from its 2023 high of around $125 per share. Karp's holdings are currently valued at about $12.8 billion.Palantir, co-founded by Peter Thiel, went public via a direct listing in 2020 and joined the S&P 500 in 2023. The company then moved to the Nasdaq, becoming part of the Nasdaq 100 index, drawing significant interest from retail investors. Palantir specializes in providing data analytics and intelligence services to government agencies and large enterprises.The company's passive investment strategy has proven effective, with major passive investment firms like Blackrock, Vanguard, and State Street Global Advisors holding 22.23% of Palantir's stock, surpassing holdings in Microsoft, Apple, and Nvidia. Despite a 38% drop since February 18, Palantir remains one of the most actively traded companies, alongside Nvidia and Tesla.CEO Alex Karp is known for his provocative remarks, which have earned him a reputation as an \"eccentric hero\" among some investors. His comments often challenge analysts and even touch on political issues, resonating with certain investor groups.Palantir's success is partly attributed to expectations of favorable government contracts, especially with support from figures like Peter Thiel and Donald Trump. U.S. government business accounts for approximately 60% of Palantir's total revenue.","news_type":1,"symbols_score_info":{"PLTR":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":413030132158928,"gmtCreate":1741856588728,"gmtModify":1741856593297,"author":{"id":"3567256937368628","authorId":"3567256937368628","name":"Nomadr","avatar":"https://static.tigerbbs.com/87ffa292cf6c6bac6572beb240597005","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3567256937368628","authorIdStr":"3567256937368628"},"htmlText":"WooWOO!!! Thank you for those stonker lol....‌<a href=\"\">[开心]&nbsp;</a>‌","listText":"WooWOO!!! Thank you for those stonker lol....‌<a href=\"\">[开心]&nbsp;</a>‌","text":"WooWOO!!! Thank you for those stonker lol....‌[开心] ‌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/413030132158928","repostId":1194723038,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":10,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}