Palantir Rockets 350% Year-To-Date, Insiders Offload Stock: Should Retail Investors Follow?

Palantir Technologies Inc PLTR stock surged an eye-popping 350% year-to-date.But just as retail investors celebrate their portfolios swelling, company insiders — including CFO David A. Glazer and CTO Shyam Sankar — are selling millions of dollars worth of shares.What Happened: In December alone, Glazer sold $23 million worth of shares, while Sankar offloaded a staggering $367.9 million following an exercise of stock options. Even CEO Alex Karp joined the selling spree last month, cashing in $132.8 million w ...