Palantir director and early employee Alex Moore has sold approximately $4.1 million worth of Palantir Technologies (NASDAQ: PLTR) shares, according to a Form 4 filing submitted to the U.S. Securities and Exchange Commission on November 3, 2025.

The filing shows a series of scheduled sales totaling about 23,000 Class A shares, executed across multiple transactions at prices ranging from $202.62 to $206.60 per share. Following the transactions, Moore retains just over 1.23 million shares in direct ownership.

The sales were coded under transaction type S, indicating a disposition of shares, and appear to have been carried out under a pre-arranged 10b5-1 trading plan, suggesting the trades were planned ahead of time rather than executed in response to recent price action. 

Palantir shares have traded at elevated levels in the last six months on expectations of continued revenue growth from enterprise AI and government contracts, alongside broader optimism around the company’s platform positioning in defense and critical infrastructure.

Insider stock sales do not necessarily indicate negative sentiment. Executives frequently diversify holdings, especially after long tenures. However, the size and timing of sales are often monitored by investors as a potential signal of valuation sensitivity.

Palantir is set to report its next earnings cycle in the coming weeks, where markets will focus on forward contract guidance and operating margin progression.