ARK Invest adds $11 million to Palantir as insiders offload $432.9 million
ARK Invest added approximately $11 million to its position in Palantir Technologies Inc. on April 13, 2026. The firm purchased 85,000 shares across multiple funds. This investment occurs as the company's P/E ratio stands at 203.27x, a figure significantly higher than historical industry averages. In the last three months, company insiders sold $432.9 million worth of shares. No reported purchases were made by insiders during that period.
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