While Palantir (NYSE: PLTR) is trading in New Lights, those familiar with, recently, director Alexander Moore.
Specifically, on June 6, 2025, Moore sold 80,000 shares of Palaantir A. Category A for about $ 9.6 million at an average price of $ 119.91 per share, According to To SEC files.
The shares, which were sold through JP Morgan Securities, were obtained through stock options exercises and restricted arrows restriction.
This was not the first step for this year. On April 1, he sold 20,000 shares between $ 82.73 and $ 85.19, with a total of $ 1.68 million.
Both sales were implemented under the 10B5-1 Rule Trading Plan, which Moore adopted on November 22, 2024. These plans are aware of the scheduling of trading provided to avoid the accusations of trading on non-public information.
It should be noted that the internal sale of Palantir has been significantly picked up in recent months. As FinBold reported on May 26, executive officials have canceled more than $ 124 million in shares in just two days.
Specifically, CEO Alex Carb led the road with $ 50 million, followed by CEO Shyam Sancar for $ 21 million, financial director David Glazer for $ 8 million, and EVP Andrew Stephen with $ 43 million.
The effects of Bltr Stock Insider
While the timing of these sales can not be noticed. The company is trading near its highest levels ever, supported by a wave of government contracts and its increasing role in artificial intelligence (AI). However, some analysts see sale as a potential red science of confidence from the inside.
In addition to the activity, the evaluation relates to the impressive Palntir momentum. To achieve this purpose, Wall Street is still cautious, as some argue that the infection is exaggerated and exposed to correction if it is less than the growth expectations.
However, the investor’s feeling remains strong. The shares were closed at $ 127.72 in the last session, an increase of 6.5 %, and gained 70 % on an annual basis.
With the alignment of momentum and the basics, some analysts now see $ 200 as the next stop for Paltier, as it was called a conservative appreciation.
Distinctive image via Shutterstock
