B. Metzler seel. Sohn & Co. AG Acquires 4,832 Shares of Palantir Technologies Inc. $PLTR

B. Metzler seel. Sohn & Co. AG lifted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 2.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 181,673 shares of the company's stock after acquiring an additional 4,832 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Palantir Technologies were worth $21,196,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of PLTR. Basepoint Wealth LLC acquired a new position in shares of Palantir Technologies during the 4th quarter worth approximately $29,000. Cornerstone Financial Management LLC bought a new position in shares of Palantir Technologies during the fourth quarter worth approximately $31,000. Wexford Capital LP acquired a new stake in shares of Palantir Technologies in the third quarter valued at approximately $36,000. Prudent Man Investment Management Inc. acquired a new stake in shares of Palantir Technologies in the fourth quarter valued at approximately $35,000. Finally, Monetary Solutions Ltd bought a new stake in shares of Palantir Technologies in the fourth quarter valued at approximately $36,000. 45.65% of the stock is owned by institutional investors.

Trending Headlines about Palantir Technologies

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

• Positive Sentiment: U.S. Army TITAN award strengthens defense outlook: Palantir won an agreement to produce and deliver eight AI-enabled TITAN battlefield intelligence ground stations. Reports value Palantir’s portion at approximately $127 million within a broader $192 million production award shared with Anduril. The contract moves TITAN into production and supports Palantir’s position in software-defined defense. Palantir to Deliver Eight TITAN Systems to the U.S. Army
• Positive Sentiment: Commercial and financial-services expansion remains a catalyst: Former AIG Chairman and CEO Peter Zaffino will join Palantir in January 2027 as Global Head of Financial Services. The appointment could help accelerate enterprise adoption, although some valuation analysis suggests the hiring news may already be reflected in the share price. Peter Zaffino to Join Palantir Technologies as Global Head of Financial Services
• Positive Sentiment: Some analysts remain bullish: Zacks upgraded Palantir to Rank #1, or Strong Buy, citing improving earnings prospects. Jim Cramer also pointed to Palantir’s Rule of 40 performance, while Baird maintained an Outperform view and a $200 price target following a product demonstration. Palantir Technologies Upgraded to Strong Buy
• Neutral Sentiment: Leadership is increasing its defense-tech exposure: CEO Alex Karp is backing a new defense-technology venture led by former Ukrainian defense official Mykhailo Fedorov. The move may expand Palantir’s strategic network, but it is not an immediate revenue catalyst for PLTR. Palantir CEO Alex Karp backs new defense-tech startup
• Negative Sentiment: Profit-taking and institutional selling are weighing on the shares: Palantir gained roughly 48% in August, prompting investors to lock in gains. ARK Invest also sold about $26 million of PLTR stock, adding to near-term supply. Palantir stock falls as investors take profit
• Negative Sentiment: Valuation remains the central concern: With a market capitalization above $400 billion and a price-to-earnings ratio near 145, the stock is priced for sustained high growth. Analysts are questioning whether recent gains leave insufficient room for execution missteps, while a downgrade after reaching a price target has reinforced caution. Why Palantir’s stock is suffering its worst slump since February
• Negative Sentiment: Competitive and sector pressures are adding to the pullback: Google’s push into markets that overlap with Palantir’s profitable AI and government-software businesses raises a longer-term competitive risk. Broad selling across software stocks is amplifying the effect, even as the Army contract provides supportive fundamentals. Palantir Stock Gets New Problem From Google

Analyst Ratings Changes

PLTR has been the topic of a number of analyst reports. Zacks Research raised Palantir Technologies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 7th. Argus raised Palantir Technologies from a "hold" rating to a "buy" rating and set a $190.00 price objective for the company in a report on Wednesday, May 6th. Roth Capital began coverage on Palantir Technologies in a research report on Tuesday, August 4th. They set a "buy" rating for the company. President Capital raised Palantir Technologies from a "neutral" rating to a "buy" rating and increased their target price for the stock from $25.50 to $133.00 in a report on Monday, June 29th. Finally, UBS Group set a $215.00 price target on Palantir Technologies in a research report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $192.19.

Insiders Place Their Bets

In other Palantir Technologies news, Director Lauren Elaina Friedman Stat sold 3,032 shares of Palantir Technologies stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $165.00, for a total value of $500,280.00. Following the transaction, the director owned 54,107 shares in the company, 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 business's stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $174.79, for a total value of $86,057,506.92. Following the transaction, the insider directly owned 6,432,258 shares of the company's stock, valued at approximately $1,124,294,375.82. The trade was a 7.11% decrease in their position. 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. Insiders have sold 720,166 shares of company stock valued at $116,825,178 in the last quarter. Corporate insiders own 9.53% of the company's stock.

Palantir Technologies Price Performance

Shares of NASDAQ:PLTR opened at $169.46 on Thursday. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year high of $207.52. The stock has a market capitalization of $407.22 billion, a price-to-earnings ratio of 144.84, a price-to-earnings-growth ratio of 2.54 and a beta of 1.62. The company's 50 day simple moving average is $147.48 and its 200 day simple moving average is $142.97.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.07. The firm had revenue of $1.94 billion during the quarter, compared to analysts' expectations of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The company's quarterly revenue was up 92.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.16 earnings per share. As a group, analysts anticipate that Palantir Technologies Inc. will post 1.27 EPS for the current fiscal year.

Palantir Technologies 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.

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