Palantir Technologies Inc.'s Officer Stephen Andrew Cohen conducted multiple transactions between February 20 and 21, including acquiring and converting Class B Common Stock to Class A Common Stock, totaling 189,401 shares sold. These transactions were automatic sales under the Rule 10b5-1 trading plan, mainly to cover tax withholding obligations. Executive's share reductions could indicate their stance on the current stock price; investors should stay vigilant.
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.