Palantir insiders sell shares as valuation debate intensifies

Palantir's stock has fallen sharply this year despite strong Q1 earnings and raised guidance, as investors shift away from high-multiple AI stocks. Notably, insiders like Peter Thiel and Alex Karp have sold significant shares, with selling outpacing buying by over 9 to 1. Analysts are divided on the company's valuation, with price targets ranging from $90 to $255, indicating uncertainty about whether Palantir's growth justifies its high valuation multiples.