Finbold
03 Jun 2026, 10:37 UTC · 2h ago
Monster insider trading alert for Palantir stock
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Finbold
03 Jun 2026, 10:37 UTC · 2h ago
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Story key points
3 claims · impact-rated
Palantir (PLTR) is experiencing significant insider selling, including a $310 million divestment by President and Co-founder Stephen Cohen in March. — Large-scale selling by top executives often signals a lack of confidence in the stock's current valuation or future growth.
-0.60Investor Michael Burry has expressed a bearish outlook on Palantir, describing the company as a 'sand castle' and citing a bearish head-and-shoulders chart pattern. — High-profile bearish sentiment and technical breakdown signals can trigger momentum selling and negatively impact retail investor appetite.
-0.40Palantir stock price fell nearly 2.5% in overnight trading to $148, following a previous 5.3% decline. — Immediate downward price movement confirms a short-term negative trend and increased volatility for the ticker.
-0.30Ticker attribution
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Stock price is falling due to heavy insider selling and a bearish outlook from Michael Burry.
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Reuters
2h ago
