Thiel sold over $1 billion worth of Palantir stock over the last few days of September and the first day of October, according to Securities and Exchange Commission ( SEC) filings. Those sales came after the company officially joined the S&P 500 on Sept. 23. Thiel also shed about $400 million worth of Palantir stock earlier this year.

Co-founder and Chairman Peter Thiel sold 12.4 million Palantir shares. His trading plan is now out of stock to sell.

Palantir Technologies, Inc. (NYSE:PLTR) stock may not have seen explosive growth but it has become a quite favorite with retail investors and as the company celebrates its fourth anniversary as a public company,

As data mining firm Palantir’s shares continue to climb, Thiel is cashing out. He’s not the only Palantir insider doing so.

Peter Thiel sold almost $600 million of Palantir Technologies Inc. stock this week, bringing his total disposals this year to more than $1 billion. He sold more than 16 million shares over three days this week, according to a regulatory filing, adding to the 20 million shares he sold in March and May.

Peter Thiel has sold nearly $600 million worth of Palantir Technologies Inc. (NYSE:PLTR) stock this week, according to the company’s regulatory filing with U.S. Securities and Exchange Commission. This brings his total stock sales for the year to over

Peter Thiel, a co-founder and current chair of data analytics company Palantir (PLTR), has sold nearly $600 million of company stock. According to

Peter Thiel, the Chairman of Palantir Technologies (NYSE:PLTR), sold over $600M worth of the company's stock this week, bringing his total disposals this year to over $1B. In December last year, Palantir disclosed that entities owned by Thiel had adopted a type of trading plan which public-company executives commonly used to schedule sales.