4,265 Palantir Technologies Inc. $PLTR Shares Acquired by Quintet Private Bank Europe S.A.

Key Points

• Quintet Private Bank Europe increased its Palantir stake by 62.3% in the third quarter, acquiring 4,265 additional shares and bringing its holdings to 11,115 shares valued at approximately $2.08 million.
• Institutional investors own 45.65% of Palantir, while insiders own 9.53%; insiders sold 536,364 shares worth about $93.1 million over the past three months, primarily under pre-arranged trading plans.
• Palantir shares recently traded at $197.75, supported by quarterly revenue growth of 92.8% and an earnings beat, but the stock’s elevated price-to-earnings ratio of 168.93 highlights significant valuation risk.

Quintet Private Bank Europe S.A. raised its stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 62.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,115 shares of the company's stock after buying an additional 4,265 shares during the period. Quintet Private Bank Europe S.A.'s holdings in Palantir Technologies were worth $2,079,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. BCGM Wealth Management LLC raised its holdings in shares of Palantir Technologies by 2.0% in the 2nd quarter. BCGM Wealth Management LLC now owns 3,202 shares of the company's stock valued at $374,000 after purchasing an additional 64 shares in the last quarter. JDM Financial Group LLC lifted its stake in Palantir Technologies by 20.9% during the second quarter. JDM Financial Group LLC now owns 388 shares of the company's stock worth $45,000 after purchasing an additional 67 shares during the last quarter. LifeSteps Financial Inc. boosted its holdings in Palantir Technologies by 4.9% in the first quarter. LifeSteps Financial Inc. now owns 1,482 shares of the company's stock valued at $217,000 after purchasing an additional 69 shares in the last quarter. IFC & Insurance Marketing Inc. raised its holdings in Palantir Technologies by 4.0% during the first quarter. IFC & Insurance Marketing Inc. now owns 1,806 shares of the company's stock worth $264,000 after purchasing an additional 70 shares in the last quarter. Finally, IMG Wealth Management Inc. lifted its position in shares of Palantir Technologies by 5.5% during the 2nd quarter. IMG Wealth Management Inc. now owns 1,341 shares of the company's stock worth $156,000 after buying an additional 70 shares during the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Lauren Friedman Stat sold 3,032 shares of the company's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $165.00, for a total value of $500,280.00. Following the sale, the director owned 54,107 shares in the company, valued at $8,927,655. This represents a 5.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 2,055 shares of Palantir Technologies stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $174.83, for a total value of $359,275.65. Following the transaction, the insider directly owned 58,171 shares of the company's stock, valued at approximately $10,170,035.93. This represents a 3.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Over the last three months, insiders have sold 536,364 shares of company stock worth $93,083,303. 9.53% of the stock is owned by insiders.

Palantir Technologies Stock Up 1.9%

Shares of NASDAQ PLTR traded up $3.63 during mid-day trading on Thursday, hitting $197.75. 30,400,108 shares of the company were exchanged, compared to its average volume of 42,770,859. The stock has a 50 day simple moving average of $174.75 and a 200-day simple moving average of $149.54. Palantir Technologies Inc. has a 1-year low of $106.37 and a 1-year high of $207.52. The firm has a market cap of $475.21 billion, a price-to-earnings ratio of 168.93, a price-to-earnings-growth ratio of 2.70 and a beta of 1.60.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.07. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the firm earned $0.16 earnings per share. The business's quarterly revenue was up 92.8% compared to the same quarter last year. Analysts anticipate that Palantir Technologies Inc. will post 1.28 earnings per share for the current fiscal year.

Palantir Technologies News Summary

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

• Positive Sentiment: Goldman Sachs upgraded Palantir to “Buy” from “Neutral” and assigned a $230 price target. Analyst Gabriela Borges said demand for sovereign AI, custom software development and specialized industry applications could substantially expand Palantir’s addressable market. Palantir shares rise over 3% after Goldman Sachs upgrade
• Positive Sentiment: The upgrade reinforces an increasingly favorable analyst narrative. Yorkville Ives recently initiated coverage with a Buy rating and a $250 target, while Wedbush’s Dan Ives named Palantir among his leading AI stock picks for 2027. Palantir shares gain as fresh analyst calls reinforce AI growth narrative
• Positive Sentiment: Palantir’s growth backdrop remains strong. Its latest quarterly results showed approximately 93% year-over-year revenue growth, record U.S. commercial contract activity and raised 2026 revenue guidance of roughly $8.15 billion. Sovereign AI deployments, including the company’s partnership with Armada, are adding to the expansion story. Palantir is betting on sovereign AI to help take its stock higher
• Neutral Sentiment: Institutional positioning is mixed: 1,426 funds added PLTR shares in their latest quarter compared with 1,381 that reduced holdings. Government awards also remain a meaningful revenue support, with more than $2 billion in payments reported over the past year.
• Negative Sentiment: Valuation is a significant counterweight. Palantir trades at a very high earnings multiple relative to the software sector, leaving the shares vulnerable if growth slows or costs rise. Can Palantir justify its premium valuation?
• Negative Sentiment: Zacks Research lowered its rating from “Strong Buy” to “Hold.” In addition, company insiders have reported numerous sales and no purchases over the past six months, while investor Michael Burry remains bearish on major AI stocks, including Palantir.

Analysts Set New Price Targets

PLTR has been the subject of a number of research reports. BNP Paribas Exane began coverage on shares of Palantir Technologies in a research report on Tuesday, June 16th. They issued an "underperform" rating for the company. Jefferies Financial Group reissued an "underperform" rating and issued a $80.00 target price on shares of Palantir Technologies in a research report on Tuesday, August 4th. Cantor Fitzgerald initiated coverage on Palantir Technologies in a research report on Tuesday, August 4th. They set an "overweight" rating on the stock. Needham & Company LLC set a $215.00 price objective on Palantir Technologies in a report on Tuesday, August 11th. Finally, President Capital raised shares of Palantir Technologies from a "neutral" rating to a "buy" rating and lifted their target price for the company from $25.50 to $133.00 in a report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $196.30.

Palantir Technologies Profile

Palantir Technologies Inc NASDAQ: PLTR develops software platforms that help organizations integrate, analyze and act on large and complex datasets. Its principal platforms include Gotham, which is designed primarily for government and defense applications; Foundry, which supports commercial and institutional data operations; Apollo, which helps deploy and manage software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects large language models and other AI tools with an organization's data and workflows.

The company serves government agencies, defense and intelligence organizations, and commercial businesses in industries such as manufacturing, healthcare, energy and financial services.

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