Coastal Bridge Advisors LLC Sells 4,888 Shares of Palantir Technologies Inc. $PLTR

Coastal Bridge Advisors LLC decreased its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 41.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,833 shares of the company’s stock after selling 4,888 shares during the period. Coastal Bridge Advisors LLC’s holdings in Palantir Technologies were worth $1,246,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Briaud Financial Planning Inc bought a new stake in shares of Palantir Technologies in the second quarter worth about $27,000. LFA Lugano Financial Advisors SA acquired a new position in shares of Palantir Technologies in the 2nd quarter valued at approximately $27,000. Frazier Financial Advisors LLC acquired a new stake in shares of Palantir Technologies in the second quarter valued at approximately $28,000. Delos Wealth Advisors LLC bought a new stake in shares of Palantir Technologies in the second quarter worth $29,000. Finally, Zeit Capital LLC acquired a new position in Palantir Technologies during the second quarter worth $30,000. Institutional investors own 45.65% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Piper Sandler lifted their price target on shares of Palantir Technologies from $201.00 to $225.00 and gave the company an “overweight” rating in a research note on Tuesday, November 4th. Citigroup raised Palantir Technologies from a “neutral” rating to a “buy” rating and lifted their target price for the company from $210.00 to $235.00 in a research report on Monday, January 12th. Royal Bank Of Canada upped their target price on Palantir Technologies from $45.00 to $50.00 and gave the stock an “underperform” rating in a report on Tuesday, November 4th. CICC Research raised their price target on Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $184.07.

Palantir Technologies Stock Performance

PLTR stock opened at $151.86 on Friday. The company’s 50-day simple moving average is $176.29 and its 200 day simple moving average is $173.43. Palantir Technologies Inc. has a 52 week low of $66.12 and a 52 week high of $207.52. The company has a market capitalization of $361.95 billion, a PE ratio of 361.58, a price-to-earnings-growth ratio of 3.96 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.04. The business had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The business’s revenue was up 62.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.10 EPS. On average, analysts forecast that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Insider Buying and Selling

In other Palantir Technologies news, insider Ryan D. Taylor sold 12,000 shares of Palantir Technologies stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total value of $2,176,200.00. Following the completion of the transaction, the insider directly owned 239,409 shares of the company’s stock, valued at $43,416,822.15. The trade was a 4.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shyam Sankar sold 19,004 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $156.25, for a total value of $2,969,375.00. Following the sale, the insider owned 642,786 shares of the company’s stock, valued at approximately $100,435,312.50. The trade was a 2.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,023,444 shares of company stock valued at $167,394,629 in the last quarter. Corporate insiders own 9.23% of the company’s stock.

Palantir Technologies News Roundup

Here are the key news stories impacting Palantir Technologies this week:

• Positive Sentiment: Innodata partnership highlights commercial AIP traction — Palantir selected Innodata to supply training data and engineering support for AI event‑analysis work, reinforcing enterprise use cases beyond government contracts. Innodata shares surge on AI data contract with Palantir Technologies
• Positive Sentiment: Analysts see upside from rapid commercial growth and a $2.6B backlog; some price targets imply substantial upside if execution continues. Palantir (PLTR) Stock: Why Analysts See 42% Upside After Recent Drop
• Neutral Sentiment: Earnings and options volatility ahead — markets expect a sizable post‑earnings move, so short‑term swings may persist regardless of the print. Palantir Q4 earnings on deck; options brace for a swing
• Neutral Sentiment: High expectations into Q4 — consensus models assume continued strong revenue growth, leaving little room for a “miss.” Should Palantir Stock Be in Your Portfolio Before Q4 Earnings?
• Negative Sentiment: Negative media and reputational risk tied to work with ICE and immigration enforcement are weighing on sentiment and prompting some selling. Why Palantir Technologies Stock Slumped Today
• Negative Sentiment: Political/business ties story: reporting shows firms (including Palantir) benefitted from immigration policy shifts — heightening regulatory and reputational scrutiny. Companies reap $22bn from Trump’s immigration crackdown
• Negative Sentiment: Technical breakdown: PLTR slipped below its 200‑day moving average and the $150 technical support, signaling increased short‑term downside risk if buyers don’t defend that level. Palantir Stock’s 3-Year Safety Net Just Snapped
• Negative Sentiment: Profit‑taking and valuation fatigue after a large 2025 rally — investors are locking gains and rotating away from richly valued AI names, amplifying downward moves ahead of earnings. Here’s Why Palantir Technologies Inc. (PLTR) Fell More Than Broader Market

About Palantir Technologies

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.