Summary by Moomoo AI
Palantir Technologies Inc., a former 10% owner of Rubicon Technologies, Inc. [RBT], has been actively selling its holdings in a series of transactions. Between April 22, 2024, and April 24, 2024, Palantir disposed of a total of 40,292 shares of Class A Common Stock in the open market. The sales were executed at prices ranging from $0.3403 to $0.3744 per share, resulting in a total market value of approximately $14,852.45. Following these transactions, Palantir's direct holdings in Rubicon Technologies have decreased to 5,233,625 shares. The sales are reported to be in progress, indicating that further transactions may be expected.