Palantir's CEO Alex Karp Plans to Sell $1 Billion In Stock. Should Investors Follow Him?

Palantir (PLTR -3.13%) has been on an incredible run since the start of 2024. At its peak, Palantir's stock has risen 625% since the start of 2024, but that number took a hit when CEO Alex Karp announced a plan to sell up to $1 billion in shares.Many investors interpret insider selling as a red flag, as insiders have far more information than outside investors. However, there could be more to the story, and investors must consider multiple factors when a leadership team decides to sell shares.This is only a ...