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Billionaires Are Selling Palantir Stock and Buying a Stock-Split AI Stock Up 525% in 4 Years
PLTRPalantir Technologies(PLTR) The Motley Fool·2024-12-06 10:05

Palantir Technologies (PLTR 2.89%) has been one of the hottest stocks on the market this year. However, Arista Networks (ANET 1.33%), a company that conducted a 4-for-1 stock split on Dec. 4, has been the better performer over the last four years. Palantir shares jumped 190% during that period, while Arista shares soared 525%.The billionaire-led hedge funds below sold shares of Palantir and bought Arista stock in the third quarter:Cliff Asness' AQR Capital Management sold 99,140 shares of Palantir, reducing ...