Summary by Moomoo AI
Peter Thiel, a key figure associated with Palantir Technologies Inc. [PLTR], executed a substantial sale of Palantir shares on March 12, 2024. The transaction involved the disposal of 7,044,756 shares of Class A Common Stock in two separate sales at prices ranging from $24.7724 to $25.5437 per share. The total market value of the shares sold amounted to approximately $174.6 million. Following these transactions, Thiel's indirect ownership in Palantir stands at 20,733,625 shares. The sales are reported to be open market transactions and are currently in progress.