SRFM SURF AIR MOBILITY INC. Insider Trading

Palantir (10% owner) bought 1,040,557 shares of SRFM at $2.07; stock now $1.91, down -68.2% from 52-week high, amid negative earnings.

Palantir increased its stake in Surf Air Mobility by 1,040,557 shares (30.4% growth in holdings) at $2.07 on 2025-06-18, building to 4,461,564 shares total. The stock has since declined to $1.91 and sits -68.2% from its 52-week high of $6.01, with the 90-day change at -50.8%. At the same ticker, Palantir's prior three trades show mixed outcomes: a buy on 2025-03-25 returned -50.8% over 90 days (similar decline pattern to post-transaction), a buy on 2024-12-09 returned -6.6% over 90 days, and a buy on 2024-10-02 returned +331.9% over 90 days—so timing accuracy at SRFM has been 33% (1 of 3 well-timed). Surf Air's fundamentals reveal revenue of $23,506,000.00 with net income of -$18,466,000.00 and full-year unprofitability, despite 97.4% annual revenue growth. The combination of substantial accumulation into a deeply declined, unprofitable operator warrants investor scrutiny of Palantir's thesis.

Palantir (10% owner) buys 244,011 SRFM shares at $3.88; stock down 49.9% from 52-week high, now $3.47.

Palantir Technologies increased its stake in Surf Air Mobility by 244,011 shares for $946.8K, bringing total holdings to 3.42M shares (+7.7% net change). The purchase occurred at $3.88, while the stock currently trades at $3.47, down 49.9% from its 52-week high of $6.93. At this same ticker, Palantir's prior buy on 2024-10-02 was exceptionally well-timed with a 90-day return of +331.9%, though the more recent December 2024 buy showed a 90-day decline of -6.6%. The underlying company posted revenue of $28.4M in the latest quarter with a net loss of $-12.2M and remains unprofitable on a full-year basis, though it reported revenue growth of +97.4% year-over-year. This transaction reflects continued accumulation in a volatile, unprofitable growth-stage company by a major shareholder.

Director Shahani Sudhin purchased 17,237 shares of SRFM at $3.43 on 2024-12-23, increasing stake to 360,877 shares (+5.0%)

Director Shahani Sudhin purchased 17,237 shares at $3.43 on 2024-12-23, representing a 5.0% increase to his post-transaction holdings of 360,877 shares. The transaction occurred during a period of significant volatility: the stock is currently trading at $5.49, down 49.4% from its 52-week high of $10.85, yet up 57.8% over the preceding 30 days and up 312.8% over 90 days. SRFM is currently unprofitable with a net income of -$12,225,000.00 in its most recent full fiscal year and a net loss of -$12,225,000.00 in the latest quarter, though the company has demonstrated strong revenue growth of 198.4% year-over-year with quarterly revenue of $28,386,000.00. The insider's acquisition of shares at $3.43, well below the current price of $5.49, occurs against a backdrop of this unprofitable but rapidly growing company navigating significant stock price volatility.

Director ALBERT CARL A bought 14,500 shares of SRFM at $3.47, raising stake 30.6% to 61,928 shares as stock rallies 57.8% in 30 days

ALBERT CARL A, a Director, purchased 14,500 shares at $3.47 on 2024-12-23, increasing his post-transaction holdings to 61,928 shares—a 30.6% addition to his prior 47,428-share position. The stock has gained 57.8% over the past 30 days and 312.8% over the past 90 days, suggesting a sustained upward trajectory. However, the company remains unprofitable with a net income of $-12,225,000 over its most recent full fiscal year, though it shows strong top-line momentum with annual revenue growth of 198.4%. The purchase occurs at $3.47, notably below the current price of $5.49 but nearly 50% below the 52-week high of $10.85, indicating the position was initiated during a pullback from peak levels despite the recent rally.

Palantir (10% owner) buys 446,830 SRFM shares at $4.45; stock now $3.39 (-68.8% from high) amid +198.4% revenue growth and -$12.2M net loss.

Palantir's 446,830-share purchase at $4.45 represents a +16.4% increase to its 3,176,996-share position at SRFM, signaling continued commitment despite the stock trading -68.8% below its 52-week high of $10.85. The company is expanding aggressively (annual revenue growth of +198.4%) but remains unprofitable with a -$12.2M net loss in its most recent full fiscal year, characteristic of a high-growth, pre-profitability profile. Palantir's prior SRFM purchase on 2024-10-02 returned +42.6% over 30 days, yet the stock has since declined sharply, suggesting the timing pattern is not consistently favorable at the 90-day horizon. This purchase sits within a modest market-cap environment ($52.6M) where a major stakeholder's continued accumulation adds liquidity risk but also reflects either conviction in the turnaround thesis or portfolio positioning unrelated to near-term catalysts.

Palantir (10% Owner) acquires 1,270,869 shares of SRFM at $1.25; holdings up 87.1% to 2,730,166 shares

Palantir Technologies, already a 10% shareholder, increased its position by 1,270,869 shares (87.1% growth) through a purchase at $1.25 per share on 2024-10-02, bringing total holdings to 2,730,166 shares. SRFM is currently unprofitable with net income of $-26,983,000.00 on revenue of $32,366,000.00, though the company posted annual revenue growth of 198.4% year-over-year. The acquisition price of $1.25 contrasts sharply with the current market price of $1.94 and the 52-week high of $12.81, positioning this purchase near recent lows. The significant scale of this incremental buy—representing an 87.1% increase in Palantir's existing stake—alongside the company's explosive revenue growth trajectory and Palantir's pre-existing major ownership stake suggests sustained capital commitment to SRFM's development, though the transaction's implication for near-term profitability improvement or market recovery remains contingent on operational execution.