Alex Karp, CEO of Palantir, sells more than $ 50 million in stocks

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The founder and CEO of Palantir Alex Karp speaks during the Hill & Valley Forum in the Capitol Center for the United States in Washington, DC, on April 30, 2025.

Brendan Smalovsky AFP | Gety pictures

Baldir CEO Alex Carb I sold more than $ 50 million in shares in artificial intelligence Software Company Securities files.

Stock transactions occurred on Tuesday and Wednesday between $ 125.26 and 127.70 dollars per share. In the wake of the sales of stocks, KARP owns about 6.43 million shares of Palantir shares, at a value of $ 787 million on the basis of the closing price on Thursday.

The sales were connected to a series of automatic stock sales to cover the required tax obligations associated with the bound stock units in deposits.

The senior executives of the Denver company are also the headquarters of the shares.

Senior Technology officials Shiam Sankar has been sold About $ 21 million in Palantir shares, while co -founder and President Stephen Cohen threw about $ 43.5 million in shares.

Palantir shares have achieved their highest fresh levels in recent weeks, as the company jumped above Salesforce In the market value and in the best 10 value United States Technology Companies.

Digital Analysis Company benefited from bets on artificial intelligence and an increase in government contracts as companies Giving priority to simplification And the president Donald Trump It targets a comprehensive reform with Elon MuskGovernment efficiency management.

The stock has outperformed its peers in technology since the beginning of 2025, when it rose about 62 %, but investors are pushing a significant increase in shares.

There Profit report Earlier this month, the company raised its instructions in the entire year due to the adoption of artificial intelligence, but the shares retreated International growth Fears.

“You don’t have to buy our shares,” CNBC told CNBC while the shares declined. “We are happy. We will participate with the best people in the world and Sinnim. You can be along the ride or should not be.”

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