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Palantir CTO sells $24M in shares amid stock rally and insider trading slowdown.

Market News
08 Jul 2026
Finbold
View Source
Neutral
pluang ai news

Palantir's CTO and Executive VP Shyam Sankar sold 185,000 shares worth over $24 million on July 2, marking his largest insider sale in 2026. This sale follows a slowdown in insider trading during June, after multiple large sales in May by top executives. Palantir's stock has rebounded 25% in two weeks but remains down nearly 20% year-to-date. Market uncertainty persists due to geopolitical tensions involving Iran and the U.S., which could impact the stock's future performance.

More News (PLTR)

Palantir shares drop 37.5% despite 85% revenue growth and raised 2026 guidance

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