Coquina Private Wealth LLC Takes Position in Palantir Technologies Inc. $PLTR

Key Points

• Coquina Private Wealth LLC opened a new position in Palantir, buying 9,248 shares worth about $1.64 million, which equals 1.3% of its portfolio and is its 19th largest holding.
• Palantir has won a roughly $300M USDA deal and multiple federal contracts (including a reported Pentagon program), driving bullish analyst coverage (e.g., DZ Bank buy with a $175 target) and a MarketBeat consensus of "Moderate Buy" with an average price target of $196.35.
• Key risks include substantial insider selling (1,029,879 shares worth ~$137.7M sold in the past three months), activist pressure to divest large stakes (Swiss National Bank urged to sell a ~$1.1B position), and recent share volatility with single‑day drops of ~7–8%.

Coquina Private Wealth LLC acquired a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 9,248 shares of the company's stock, valued at approximately $1,644,000. Palantir Technologies accounts for 1.3% of Coquina Private Wealth LLC's portfolio, making the stock its 19th largest position.

Other large investors have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. boosted its holdings in shares of Palantir Technologies by 778.7% in the 3rd quarter. Decker Retirement Planning Inc. now owns 61,326 shares of the company's stock valued at $11,187,000 after buying an additional 54,347 shares during the last quarter. Watershed Private Wealth LLC increased its holdings in Palantir Technologies by 75.3% during the third quarter. Watershed Private Wealth LLC now owns 7,798 shares of the company's stock worth $1,423,000 after buying an additional 3,350 shares during the last quarter. GAM Holding AG raised its position in Palantir Technologies by 39.0% during the third quarter. GAM Holding AG now owns 13,788 shares of the company's stock worth $2,515,000 after acquiring an additional 3,868 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its stake in Palantir Technologies by 26.4% in the third quarter. GPS Wealth Strategies Group LLC now owns 58,548 shares of the company's stock valued at $10,680,000 after acquiring an additional 12,229 shares during the last quarter. Finally, Public Sector Pension Investment Board lifted its stake in Palantir Technologies by 135.3% in the third quarter. Public Sector Pension Investment Board now owns 540,835 shares of the company's stock valued at $98,659,000 after acquiring an additional 310,942 shares during the last quarter. Institutional investors own 45.65% of the company's stock.

Palantir Technologies News Roundup

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

• Positive Sentiment: Won a $300M USDA agreement to modernize farm program operations and national farm security — a meaningful, non‑defense expansion of Palantir’s government footprint that supports durable revenue growth. Palantir Aims to Protect the U.S. Food Supply. Is Its $300M USDA Deal Important for PLTR Stock?
• Positive Sentiment: Multiple federal contract wins and a reported Pentagon program of record (plus cited DHS and FAA opportunities) reinforce Palantir’s government revenue runway and give analysts confidence in multi‑year visibility. This is a key driver behind recent bullish analyst notes. Why Palantir's Story Just Entered A New Phase
• Positive Sentiment: New buy coverage from DZ Bank (launch at Buy, $175 target) and other bullish analyst updates are providing near‑term support and a higher reference price for investors. DZ Bank Just Launched Palantir at Buy With a $175 Target
• Positive Sentiment: Macro AI narrative and coverage placing Palantir among AI “trillion‑dollar contenders” (AIP platform and boot camps highlighted) support long‑term upside expectations for investors focused on AI platform plays. Palantir Technologies (PLTR): The Trillion-Dollar Contender Nobody Is Talking About
• Neutral Sentiment: Vanyar and third‑party ecosystem builds (AIP/Foundry specialists) could accelerate enterprise adoption but are early stage — important for execution but not immediate revenue drivers. Palantir and AIP Specialist Firm, Vanyar, Launches
• Negative Sentiment: Activist/ESG pressure: campaigners urged the Swiss National Bank to sell its ~$1.1B Palantir stake over immigration‑enforcement ties — reputational risk that can attract headline volatility and politically driven selling. Swiss National Bank Urged to Offload $1.1B Palantir (PLTR) Stake, Here’s Why
• Negative Sentiment: Shares recently pulled back sharply (single‑day drops ~7–8%) as a broader software/AI rotation and short‑term risk‑off hit growth names — traders selling into headlines despite contract wins. That momentum swing is the main reason for intraday weakness. Here's Why Palantir Stock Is Dropping 8% Despite A $300 Million Contract Win
• Negative Sentiment: Critical commentary (AI no longer differentiator; warnings that Wall Street may be overly optimistic) highlights execution and valuation risks — useful caution for investors chasing momentum. Palantir: AI No Longer A Differentiator

Insiders Place Their Bets

In other news, insider Jeffrey Buckley sold 1,232 shares of Palantir Technologies stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $129.08, for a total transaction of $159,026.56. Following the completion of the sale, the insider owned 43,108 shares of the company's stock, valued at approximately $5,564,380.64. This trade represents a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Stephen Andrew Cohen sold 327,088 shares of the business's stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $43,738,207.36. Following the completion of the sale, the insider directly owned 592 shares of the company's stock, valued at approximately $79,162.24. The trade was a 99.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,029,879 shares of company stock worth $137,746,253 over the last three months. 9.23% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Phillip Securities lowered their price objective on shares of Palantir Technologies from $208.00 to $190.00 and set a "buy" rating on the stock in a research note on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $200.00 target price on shares of Palantir Technologies in a research note on Tuesday, February 3rd. Loop Capital lowered their price target on Palantir Technologies from $230.00 to $220.00 and set a "buy" rating on the stock in a research report on Friday, January 30th. Truist Financial initiated coverage on Palantir Technologies in a research note on Tuesday, January 6th. They issued a "buy" rating and a $223.00 price objective on the stock. Finally, Piper Sandler reaffirmed an "overweight" rating and issued a $230.00 price objective on shares of Palantir Technologies in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $196.35.

Palantir Technologies Stock Up 1.1%

Palantir Technologies stock opened at $143.09 on Friday. Palantir Technologies Inc. has a twelve month low of $105.32 and a twelve month high of $207.52. The stock has a market cap of $342.23 billion, a P/E ratio of 227.13, a P/E/G ratio of 2.72 and a beta of 1.68. The company's 50-day moving average price is $144.74 and its two-hundred day moving average price is $163.87.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last posted its earnings results on Monday, February 2nd. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.The firm's revenue for the quarter was up 70.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.14 earnings per share. Equities analysts anticipate that Palantir Technologies Inc. will post 1.05 earnings per share for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.