Palantir Director Sells $2.2M in Shares: Eric H. Woersching Latest PLTR Move

Business

Eric H. Woersching, a director at Palantir Technologies Inc., sold shares worth $2.2 million on June 9, 2025. This move caught the eye of investors watching Palantir, a company known for its work with complex data. Let’s dig into what happened and what it means.

The sale involved 17,000 Class A common shares, with prices between $125.24 and $131.70 per share. It happened when Palantir’s stock was close to its highest point in a year, showing a strong 456.81% gain. Eric H. Woersching planned this sale months earlier, which adds a layer of context worth exploring.

Details of Eric H. Woersching Share Sale

Eric H. Woersching sold 17,000 shares of Palantir stock on June 9, 2025. The total value hit about $2.2 million, with share prices ranging from $125.24 to $131.70. He set this up under a Rule 10b5-1 plan on March 10, 2025, which lets insiders sell shares at fixed times.

This plan helps avoid any hint of trading on secret information. The sale took place as Palantir’s stock sat near its 52-week high of $135.28. That timing shows confidence in the stock’s value, even as Eric H. Woersching cashed out a chunk.

Here’s a quick look at the sale:

  • Date: June 9, 2025
  • Shares Sold: 17,000
  • Value: $2.2 million
  • Price Range: $125.24 to $131.70
  • Plan: Rule 10b5-1, set on March 10, 2025

Palantir’s Stock: A Year of Big Gains

Palantir has seen its stock soar over the past year, posting a 456.81% return. On the day of Eric H. Woersching’s sale, it was close to its peak at $135.28. That kind of growth turns heads and fuels talk among investors.

The company’s rise ties to its work in data analysis and AI, areas in high demand. Eric H. Woersching’s sale, while big, fits into this story of a stock on a hot streak.

Eric H. Woersching Current Stake in Palantir

Before selling, Eric H. Woersching picked up 2,348 restricted shares on June 6, 2025, as a board reward. After the sale, he still holds 12,562 shares of Palantir stock. That’s a solid chunk, showing he’s still tied to the company’s future.

His ownership suggests the sale wasn’t a full exit but a planned step. It’s a detail worth noting for anyone tracking Palantir and Woersching moves.

What Palantir Does and Its Latest Projects

Palantir builds software to handle tricky data for big clients like governments and companies. Its tools help with things like fighting terrorism, running businesses, and making choices with AI. That’s a wide reach, and it’s growing.

Recently, Palantir teamed up with Fedrigoni, an Italian paper company, to boost efficiency. It also joined forces with TeleTracking Technologies for healthcare, Ecuador for customs, and Surf Air Mobility for a new AI software called SurfOS, due in 2026.

These deals show Palantir branching out, which could keep its stock strong. Woersching’s sale doesn’t change that momentum.

What This Sale Might Mean

When Eric H. Woersching sells $2.2 million in Palantir shares, people wonder why. Since it was planned months ago, it’s likely not a snap judgment on the company’s health. He might want to spread his money around or cover personal costs.

Investors watch insider sales, but this one’s timing and planning soften any worry. Palantir’s growth keeps rolling, and Eric H. Woersching still owns plenty of shares.

Final Thoughts on Eric H. Woersching’s Move

Eric H. Woersching sold $2.2 million in Palantir shares, but he’s still in the game with 12,562 shares. The sale, planned months back, fits into Palantir’s big year of 456.81% stock gains. It’s a moment to watch, not a reason to panic.

Palantir keeps growing with new deals and products like SurfOS. Woersching’s choice shows smart planning, no doubt, in a company on the rise.

Disclaimer:

This content is made for learning only. It is not meant to give financial advice. Always check the facts yourself. Financial decisions need detailed research.