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Palantir's stock soared 246% this year, prompting CEO to sell shares worth over $1.2 billion.
Palantir Technologies' stock has surged over 246% this year, prompting CEO Alex Karp and other insiders to sell shares, netting Karp over $1.2 billion.
The company's stock now trades at a forward P/S ratio of 41 times 2025 estimates, raising concerns about its valuation relative to its revenue growth.
Some experts suggest investors consider taking profits, following the insiders' lead.
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Las acciones de Palantir se elevaron en un 246% este año, lo que llevó al CEO a vender acciones por valor de más de 1.200 millones de dólares.