Palandir CEO Alex Karp sold more than $ 50 million

Palatitarian CEO Alex Carp sold a few dollars worth of $ 50 million in artificial intelligence According to the software company, Securities documents.

Fund operations occurred on Tuesday and Wednesdays between $ 125.26 and between $ 127.70 per share. After the sale of the exchange, Karp, on Thursday, about $ 787 million in the closing price, had about 6.43 million shares of shares.

Sales are related to a number of automatic share sales to meet the required tax deduction liabilities related to the limited joint-stock units.

The other best managers of the company-based company are an unloaded stock market.

Chief Technology Officer Shyam Sankar is For Sale About $ 21 million worth of Palance Stock, co-founder and President Stephen Cohen put about $ 43.5 million in stocks.

Palance shares had fresh highs in recent weeks, as the company leaped above Righteousness the market value and the top 10 most valuable US technology firms.

Digital Analytics has benefited from betting in the AI ​​and the increase in government agreements such as companies Prioritize an explanation and President Donald Trump aims with a federal overhaul with Elon musk-Day, Department of Government Efficiency.

The Foundation has prevailed since 2025, since 2025, but investors pay a lot of money in stocks.

In itself Earnings report At the beginning of this month, the company raised the full annual management due to the adoption of AI, but the shares fell International growth concerns.

“You don’t have to buy our shares,” Karp said to CNBC to CNBC. “We are happy. We will partner with the best people in the world and we will judge. You may or have to be for the march.”