Palantir Technologies Inc. $PLTR Shares Sold by Coastal Bridge Advisors LLC

Coastal Bridge Advisors LLC trimmed its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR) by 41.7% during the third quarter, according to its most recent Form 13F filing with the SEC. 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 reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of PLTR. Decker Retirement Planning Inc. grew its stake in Palantir Technologies by 778.7% during the third quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company’s stock worth $11,187,000 after buying an additional 54,347 shares during the last quarter. Vanguard Group Inc. grew its position in Palantir Technologies by 3.6% during the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company’s stock worth $28,043,432,000 after acquiring an additional 7,194,216 shares during the last quarter. Truist Financial Corp increased its holdings in Palantir Technologies by 4.2% during the 2nd quarter. Truist Financial Corp now owns 537,000 shares of the company’s stock valued at $73,204,000 after purchasing an additional 21,809 shares in the last quarter. Prentice Wealth Management LLC acquired a new stake in Palantir Technologies during the 3rd quarter valued at $550,000. Finally, Watershed Private Wealth LLC raised its position in Palantir Technologies by 75.3% in the 3rd quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company’s stock valued at $1,423,000 after purchasing an additional 3,350 shares during the last quarter. 45.65% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Alexander C. Karp sold 359,325 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $58,925,706.75. Following the completion of the sale, the insider owned 6,432,258 shares in the company, valued at approximately $1,054,825,989.42. This represents a 5.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Stephen Andrew Cohen sold 308,635 shares of the stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $163.99, for a total value of $50,613,053.65. Following the completion of the transaction, the insider directly owned 592 shares in the company, valued at $97,082.08. The trade was a 99.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,023,444 shares of company stock worth $167,394,629 over the last three months. Insiders own 9.23% of the company’s stock.

Palantir Technologies Trading Down 3.5%

Shares of NASDAQ PLTR opened at $151.86 on Friday. Palantir Technologies Inc. has a 1 year low of $66.12 and a 1 year high of $207.52. The firm’s 50-day moving average is $176.29 and its 200-day moving average is $173.43. The firm 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 announced its quarterly earnings data on Monday, November 3rd. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.04. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the business posted $0.10 earnings per share. Palantir Technologies’s revenue was up 62.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Palantir Technologies Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on PLTR. Cantor Fitzgerald increased their target price on Palantir Technologies from $155.00 to $198.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Wall Street Zen lowered shares of Palantir Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Royal Bank Of Canada raised their price objective on shares of Palantir Technologies from $45.00 to $50.00 and gave the company an “underperform” rating in a research report on Tuesday, November 4th. Morgan Stanley upped their target price on shares of Palantir Technologies from $155.00 to $205.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 4th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Palantir Technologies from $160.00 to $200.00 and gave the company a “hold” rating in a report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Palantir Technologies has a consensus rating of “Hold” and a consensus target price of $184.07.

More Palantir Technologies News

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.