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Nvidia and Palantir Insiders Sold $9.6 Billion, Signaling Caution for AI Leaders

Heavy insider selling at both companies underscores rising scrutiny of near-term valuations in the AI trade.

Overview

  • Regulatory disclosures show Nvidia and Palantir insiders were decisive net sellers over the past two years, unloading about $9.6 billion in shares through March 5.
  • The selling follows a powerful AI-led run in equities over more than three years, with PwC estimating up to a $15.7 trillion market opportunity for AI by 2030.
  • Nvidia remains a key beneficiary as its H100, Blackwell, and Blackwell Ultra GPUs dominate data centers, supporting strong pricing and roughly 75% gross margins.
  • Palantir’s Gotham and Foundry platforms underpin multi‑year government work and subscription enterprise deployments, contributing to predictable operating cash flow.
  • Investor sentiment has grown more volatile, with Nvidia shares down about 13% in recent months even as one Wall Street analyst recently projected the stock could reach $360 within a year.