Palantir CEO Alex Karp recently liquidated over $50 million worth of company stock, selling approximately 390,417 shares. The sales took place on May 20 and 21, ranging from $125.26 to $127.70 per share. Karp’s holdings now represent about $787 million based on Thursday’s closing price. The offloading of these shares was primarily due to tax withholding obligations tied to the vesting of restricted stock units. Other Palantir executives, including Chief Technology Officer Shyam Sankar, also sold stock, with amounts ranging from $21.2 million to $4.32 million. 5. Palantir’s recent surge in market value has been fueled by increased demand for its AI software solutions, driven by government contracts and advancements in the field. The company exceeded analyst expectations with first-quarter earnings for 2025. However, concerns have arisen due to Palantir’s reliance on US defense spending. Analysts from Cantor Fitzgerald and UBS raised price targets, while others maintain more cautious perspectives. This wave of sales has sparked worries among retail investors who had driven the stock’s recent momentum.