Summary by Futu AI
Peter Thiel, a key figure associated with Palantir Technologies Inc. [PLTR], has engaged in a series of stock disposals over the course of three days, starting from September 24, 2024, to September 26, 2024. The transactions involved the sale of Class A Common Stock and are classified as open market or private sales. On September 24, Thiel sold 7,214,637 shares at a price of $36.8567 per share, followed by an additional 147,610 shares at $37.6466 each. The selling continued on September 25 with 4,254,666 shares at $36.7702, and on September 26, a further 4,561,502 shares were sold at $37.0694 per share. In total, Thiel disposed of 16,178,415 shares, with the transaction prices ranging from $36.7702 to $37.6466, amounting to a total market value of approximately $597 million. Following these transactions, Thiel's indirect ownership in Palantir stands at 53,487 shares. The sales are reported to be in progress.