Last week, there was big insider selling reported in Palantir (PLTR, Financial) stock. Stephen Andrew Cohen, President and Co-founder of Palantir Technologies, executed a substantial stock sale on March 12, 2025. Cohen sold 3.75 million shares at an average price of $82.75 per share.
This transaction significantly reduced Cohen's holdings in the company, leaving him with only 592 shares post-sale.
According to the latest data, the total insider equity sold is approximately $310 million.
The sale coincided with a period of heightened activity for Palantir. Over the past month, the company's stock had plunged about 31% from its peak of $124.62 to about $86.24 at the close of trading on March 14.
Nevertheless, the stock of Palantir has stood tough over the past year, seeing its share value rise by 259%.
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