Peter Thiel, a co-founder and current chair of data analytics company Palantir (PLTR), has sold nearly $600 million of company stock. According to

Peter Thiel sold almost $600 million of Palantir Technologies Inc. stock this week, bringing his total disposals this year to more than $1 billion.

Peter Thiel sold almost $600 million of Palantir Technologies Inc. stock this week, bringing his total disposals this year to more than $1 billion. He sold more than 16 million shares over three days this week, according to a regulatory filing, adding to the 20 million shares he sold in March and May.

Peter Thiel has sold nearly $600 million worth of Palantir Technologies Inc. (NYSE:PLTR) stock this week, according to the company’s regulatory filing with U.S. Securities and Exchange Commission. This brings his total stock sales for the year to over

As data mining firm Palantir’s shares continue to climb, Thiel is cashing out. He’s not the only Palantir insider doing so.

Peter Thiel, the Chairman of Palantir Technologies ( NYSE: PLTR ), sold over $600M worth of the company's stock this week, bringing his total disposals this year to over $1B.

Palantir Chairman Peter Thiel just sold big blocks of shares of the data-analytics firm, and he still has a substantial amount of stock to sell. Thiel sold 16,178,415 Palantir shares from Tuesday through Thursday for a total of $597 million,