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David A. Glazer, Chief Financial Officer and Treasurer of Palantir Technologies Inc (NYSE:PLTR), sold 75,000 shares of Class A Common Stock on September 2, 2025, for approximately $12.5 million. The sales were executed at prices ranging from $150.85 to $158.0775, amid the stock’s remarkable 417% gain over the past year. According to InvestingPro analysis, PLTR’s current market capitalization stands at $367.48 billion, with the stock showing significant price volatility.
On the same day, Glazer also exercised options to acquire 37,770 shares of Palantir’s Class A Common Stock at a price of $4.72 per share, for a total value of $178,274.
The transactions were executed pursuant to a pre-existing Rule 10b5-1 trading plan. After these transactions, Glazer directly owns 431,169 shares of Palantir Technologies Inc .
In other recent news, Palantir Technologies hosted its eighth AIPCon event, showcasing over 70 U.S. commercial customers, including notable names like Waste Management, bp, and American Airlines. This event highlighted the diverse applications of Palantir’s Foundry and Artificial Intelligence Platform across various sectors such as healthcare, manufacturing, and natural disaster response. In a strategic move, Palantir announced a partnership with Lumen Technologies to integrate its platforms into Lumen’s operations, aiming to streamline workflows and accelerate decision-making. Additionally, Palantir expanded its collaboration with Japan’s SOMPO Holdings, enhancing their joint efforts in insurance claims processes and senior care facilities.
On the analyst front, William Blair reiterated its Market Perform rating for Palantir, reflecting ongoing commercial momentum as observed from new customer logos at AIPCon 8. However, Citron Research expressed caution regarding Palantir’s valuation, echoing concerns about the AI market’s sustainability. These developments come amid broader discussions about the potential overvaluation in the AI sector, as highlighted by comments from OpenAI’s CEO. These recent updates provide investors with a comprehensive view of Palantir’s strategic initiatives and market positioning.
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