President Trump Bought and Sold Palantir Stock Before Social Media Endorsement
Records show President Trump purchased between $247,008 and $630,000 of Palantir stock in the first three months of 2026. He sold at least $1.1 million worth during the same period. Trump posted praise for the company on Truth Social the month after some of the purchases.
cnbc.comRecords released this week show that President Trump bought shares of Palantir Technologies during the first quarter of 2026 before posting praise for the company on his Truth Social platform. The documents list thousands of transactions totaling hundreds of millions of dollars across various holdings, with each trade recorded as a price range.
During the first three months of the year, Trump purchased between $247,008 and $630,000 worth of stock in the Miami-based artificial intelligence software maker. In March alone, he made at least seven purchases of Palantir totaling as much as $530,000.
The following month, Trump posted on Truth Social as Palantir shares experienced their worst week in over a year. The selloff accelerated amid the Iran war and after the company drew attention from short-seller Michael Burry. "Palantir Technologies (PLTR) has proven to have great war fighting capabilities and equipment," Trump wrote on the social media platform at the time.
" The company's tools have been used to identify targets in Iran, according to reports. Several of the Palantir transactions were marked as "unsolicited," meaning they were not made on the advice of a broker or financial advisor. A Trump Organization spokesperson said the president's investment holdings are maintained exclusively through fully discretionary accounts independently managed by third-party financial institutions with sole and exclusive authority over all investment decisions.
Trades are executed and portfolios are balanced through automated investment processes and systems administered by those institutions. The spokesperson added that Trump, his family and the Trump Organization do not play a role in selecting, directing, or approving specific investments.
They receive no advance notice of trading activity and provide no input regarding investment decisions or portfolio management of any kind. White House spokesman David Ingle said the president's assets are in a trust managed by his children and there are no conflicts of interest.
Palantir did not respond to a request for comment.
Records show Trump sold as much as $5 million worth of Palantir on one day in February and made several other sales of the shares over about two weeks. Palantir was not the only technology stock traded by the president during this period. In February, Trump bought between $1 million and $5 million worth of Nvidia, the AI chipmaker.
About a week later, Nvidia expanded its AI deal with Meta Platforms. He also purchased between $1 million and $5 million worth each of ServiceNow, Workday, Oracle and Microsoft during a software selloff earlier this year. Records also show purchases of more than $1 million worth each of Amazon, Apple and Broadcom.
Palantir is among several technology companies seeking to build relationships with the administration as the military accelerates modernization efforts. The defense technology company has sponsored events associated with the administration and its chief executive has expressed support for closer ties with the U.S. military.
Key Facts
Story Timeline
5 events- February 2026
Trump sold as much as $5 million of Palantir and made other sales over two weeks.
1 sourcecnbc.com - Q1 2026
Trump purchased between $247,008 and $630,000 of Palantir stock.
1 sourcecnbc.com - March 2026
Trump made at least seven Palantir purchases totaling up to $530,000.
1 sourcecnbc.com - April 2026
Trump posted praise for Palantir on Truth Social during a share selloff.
1 sourcecnbc.com - May 2026
Financial records of the transactions were released to the public.
1 sourcecnbc.com
Potential Impact
- 01
The release of transaction records provides public details on the president's personal stock holdings during his term.
- 02
Palantir shares experienced their worst week in over a year in April 2026.
- 03
Questions may be raised about the timing of the social media post relative to the stock transactions.
- 04
The White House stated that the president's assets are held in a trust managed by his children.
Transparency Panel
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