Peter Thiel Has Steadily Sold Down His Palantir Stake for Years Yet Remains Its Largest Individual Shareholder. Here's What His Selling Pattern Signals for Investors.

Peter Thiel sold 2 million Palantir shares in March 2024, netting approximately $280 million, but still retains roughly 3% ownership (98 million shares). While the sale could signal concerns about valuation multiples (P/E of 151, P/S of 74), the author argues it likely reflects personal reasons rather than fundamental issues. Palantir's strong financial performance—89% revenue growth to $3.57 billion and 256% profit growth in H1 2026—and its valuable AI platform support a bullish long-term outlook despite elevated valuations.