Palantir (PLTR) Director, Eric H. Woersching, Sells Shares Valued at $2.2 Million

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the best stocks to buy. An SEC filing revealed that Palantir director, Eric H. Woersching, sold nearly $2.2 million worth of his shares on June 10. A total of 17,000 Class A common shares were sold on June 9, 2025, priced between $125.24 and $131.70 per share. The sale follows PLTR trading close to its 52-week high of $135.28, with a whopping 456.81% return over the last year.

The shares were sold under a pre-established Rule 10b5-1 trading plan, which was formalized on March 10, 2025. This plan enables insiders of publicly traded corporations to establish a trading plan for disposing of stocks they own, following insider trading laws.

Before these sales, Woersching secured 2,348 restricted shares on June 6, 2025, as a yearly award for his position on the board of directors. These restricted units were offered with no financial exchange, reflecting a contingent right to obtain shares according to a vesting schedule.

After these transactions, Eric Woersching owns 12,562 Palantir shares.

Palantir Technologies Inc. (NASDAQ:PLTR) develops software platforms that help governments and businesses make sense of complex data, supporting counterterrorism efforts, enterprise operations, and AI-driven decision-making.

While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: Dividend Stock Portfolio For Retirement and 10 Unstoppable Dividend Stocks to Buy Now.

Disclosure. None.