Raiffeisen Bank International AG Purchases 13,757 Shares of Palantir Technologies Inc. $PLTR

Raiffeisen Bank International AG raised its position in Palantir Technologies Inc. (NASDAQ:PLTR) by 24.4% during the second quarter, Holdings Channel reports. The firm owned 70,026 shares of the company’s stock after purchasing an additional 13,757 shares during the period. Raiffeisen Bank International AG’s holdings in Palantir Technologies were worth $8,099,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Revolve Wealth Partners LLC acquired a new stake in Palantir Technologies during the 4th quarter worth about $450,000. Bison Wealth LLC lifted its stake in shares of Palantir Technologies by 37.4% in the 4th quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock valued at $1,296,000 after purchasing an additional 4,667 shares during the period. Capstone Wealth Management Group LLC boosted its position in shares of Palantir Technologies by 38.0% during the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock valued at $1,447,000 after purchasing an additional 4,722 shares in the last quarter. Schnieders Capital Management LLC. boosted its position in shares of Palantir Technologies by 36.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock valued at $858,000 after purchasing an additional 1,694 shares in the last quarter. Finally, Vivaldi Capital Management LP acquired a new stake in Palantir Technologies during the second quarter worth approximately $315,000. 45.65% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on PLTR shares. Royal Bank Of Canada reiterated an “underperform” rating and issued a $90.00 target price on shares of Palantir Technologies in a report on Friday, July 31st. Benchmark restated a “hold” rating on shares of Palantir Technologies in a report on Tuesday, August 4th. UBS Group set a $215.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 11th. Northland Securities set a $200.00 price objective on shares of Palantir Technologies in a research note on Tuesday, August 4th. Finally, Piper Sandler reiterated an “overweight” rating and set a $230.00 target price on shares of Palantir Technologies in a research report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $192.19.

Insider Buying and Selling at Palantir Technologies

In other news, Director Lauren Friedman Stat sold 3,032 shares of the business’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $165.00, for a total transaction of $500,280.00. Following the completion of the sale, the director directly owned 54,107 shares of the company’s stock, valued at $8,927,655. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander C. Karp sold 492,348 shares of the company’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the completion of the sale, the insider owned 6,432,258 shares in the company, valued at $1,124,294,375.82. This represents a 7.11% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 721,508 shares of company stock valued at $117,070,093 over the last ninety days. 9.53% of the stock is currently owned by corporate insiders.

Palantir Technologies News Roundup

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

• Positive Sentiment: Expanded PwC alliance supports enterprise growth. Palantir and PwC will collaborate on scaling enterprise AI, mergers-and-acquisitions transformation and ERP modernization. The partnership could help Palantir reach more corporate customers and convert AI interest into larger, recurring deployments. PwC and Palantir Expand Strategic Alliance to Help Organizations Scale Enterprise AI
• Positive Sentiment: Palantir’s implementation model is gaining industry recognition. A Fortune report noted that technology companies are increasingly adopting Palantir’s “forward-deployed engineer” approach, placing engineers directly with customers to implement AI systems. This may reinforce the company’s competitive positioning, although it also highlights a potentially labor-intensive delivery model. One of the Fastest-Growing Jobs in Silicon Valley
• Neutral Sentiment: Management continues promoting proprietary AI advantages. CEO Alex Karp argued that the key risk in enterprise AI is exposing a company’s proprietary “alpha,” rather than simply leaking data. The comments support Palantir’s emphasis on secure, customized AI deployments but do not represent a new contract or financial forecast. Palantir’s Alex Karp: The Real AI Leak Isn’t Data, It’s Your Alpha
• Negative Sentiment: Competition and valuation remain major risks. Analysts pointed to Google’s new government-focused AI tools as a potential threat to Palantir’s lucrative public-sector business. Separately, Burry renewed his criticism, alleging weakening bargaining power and channel stuffing and warning that Palantir resembles an AI-FOMO bubble. With a market capitalization above $400 billion and a triple-digit P/E ratio, the stock remains highly sensitive to any slowdown in growth or margin expansion. What’s Bugging Palantir’s Stock?

Palantir Technologies Stock Up 7.7%

Shares of NASDAQ:PLTR opened at $182.53 on Friday. Palantir Technologies Inc. has a twelve month low of $106.37 and a twelve month high of $207.52. The stock’s 50 day moving average is $148.99 and its 200-day moving average is $143.33. The firm has a market capitalization of $438.63 billion, a price-to-earnings ratio of 156.01, a PEG ratio of 2.40 and a beta of 1.62.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.07. The business had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. Palantir Technologies’s revenue was up 92.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.16 EPS. Equities research analysts anticipate that Palantir Technologies Inc. will post 1.27 earnings per share for the current fiscal year.

Palantir Technologies Company Profile

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.