Jefferies On Palantir: “We Note Insider Selling On 10b5-1 Plans Has Rapidly Picked Up, With The CEO Selling Nearly $2B In Stock Over The Last 3 Months And Over $1B In The Last 2 Weeks”

Palantir (NYSE: PLTR), an AI-powered Software-as-a-Service (SaaS) provider that allows companies and government agencies to gather and analyze reams of data, has been on a tear lately, benefiting not only from the secular AI-related tailwind but also from the incoming Trump presidency and its America-first agenda, which is likely to bolster providers of home-grown AI solutions. Yet, Wall Street appears less enthusiastic about Palantir's immediate prospects. Consider the latest investment note from Jefferies. For the benefit of those who might not be aware, Palantir's financials are as strong as ever. In the just-concluded third quarter, the company brought in $725 […]

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