stephen cohen palantir net worth

In this section, we analyze the profitability of every unplanned, open-market insider purchase made & Director at Palantir Technologies. Mr Cohen owns over 2,000,000 units of Palantir Technologies stock worth over $22,753,067 and over the last few years he sold PLTR stock worth over $37,600,000. The structure of a direct listing typically allows existing shareholders and employees to sell most or all of their shares immediately rather than wait for the mandated lockup of 180 days in most traditional IPOs. Stephen Cohen made money by Producers niche. Others said they struggled to sell their stock through the closing bell and were also unable to sell by phone. In addition, he makes $2,226,494 as Co-Founder, Pres, and Sec. [1] He also served as an adviser to Backtype prior to its acquisition by Twitter in 2011. By the time markets closed, Palantir's stock was worth less than it was earlier in the day. Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. Stephen's mailing address filed with the SEC is C/O PALANTIR TECHNOLOGIES INC., 1555 BLAKE STREET, SUITE 250, DENVER, CO, 80202. Data-mining firm Palantir Technologies is making its debut on the New York Stock Exchange on Wednesday in the biggest Wall Street tech offering since Slack and Uber last year. All rights reserved. Sign up for Insider Life. We will work through any issue that is brought to our attention and ensure that no employee will be disadvantaged," a Shareworks by Morgan Stanley spokeswoman said in a statement. Still, that netted the company a valuation of roughly $21 billion, and shares remained above the $7.31 and $9.17 average prices where they had changed hands in private trades in August and September, respectively. Nothing on this website constitutes, or is meant to constitute, advice of any kind. Stephen Cohen made money by Producers niche. It sold after just 32 days on the market, according to Christie's International Real Estate, which represented the sale. Exact sum is $67000000. Terms of Service apply. West Village condo was asking $33.5 million and sold after just 32 days on the market, according to Christie's International Real Estate, which represented the sale. That scarcity could serve to bolster the stock price. The largest trade he's ever made was selling 2,000,000 units of Palantir Technologies stock on 2 October 2020 worth over $18,180,000. Account active Palantir structured the IPO with the use of multiple-class shares. Palantir is taking steps to limit the supply of stock on the market by only allowing existing holders to sell 20% of their shares until early next year. The sale was represented by Erin Boisson Aries from Christie's International Real Estate. The following table shows the most recent open market purchases that were not part of an automatic trading plan. Last Updated by Stephen Andrew Cohen in US:PLTR / Palantir Technologies Inc. Class A. 09-30 - 2 investment firm Point72 Asset Management. In Slack channels, former employees complained about problems getting into Shareworks as the system experienced timeouts and errors saying the website was down, according to people familiar with the communications. "We experienced slowness that may have resulted in delayed logins into our system. [8], For other persons with a similar name, see, "How Team of Geeks Cracked Spy Trade -", "Palantir, the War on Terror's Secret Weapon", "Path to Palantir - Stephen Cohen's talk at Stanford",, Creative Commons Attribution-ShareAlike License, This page was last edited on 25 September 2019, at 21:51. Mark Green, a 53-year old retired engineer who worked at Palantir for eight years, said he struggled to sell his shares because of technical glitches. See our Privacy Policy and Terms and Conditions. The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. Cohen, who's worth an estimated $13.6 billion, runs investment firm Point72 Asset Management. The problems eased late in the day, and the system was fully functional by 3:30 p.m. Privacy Policy and insider trades in Palantir Technologies Inc. Class A. Stephen Andrew Cohen is the Co-Founder, Pres, Sec. It also means the companies don't raise money for themselves. As the Co-Founder, Pres, and Sec. Last updated: 5 October 2020 at 8:14pm EST. Stay ahead of the market with real-time insider trading alerts. The oldest executive at Palantir Technologies Inc. is Peter Andreas Thiel, 52, who is the Co-Founder & Chairman. Fintel® provides advanced research tools for data-driven investors Producers The implication is that employees who had to sell at a lower price will be "made whole," according to a person close to the bank. If you require advice in relation to any financial matter you should consult an appropriate professional.

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