Palantir Technologies Inc. $PLTR Shares Acquired by Deutsche Bank AG

Key Points

• Deutsche Bank increased its Palantir stake by 1.1% in the second quarter, acquiring 115,819 additional shares for a total holding of 10.26 million shares valued at approximately $1.2 billion. Institutional investors own 45.65% of PLTR.
• Palantir reported strong quarterly momentum, with revenue up 92.8% year over year to $1.94 billion and EPS of $0.41, exceeding estimates. Management also raised its 2026 outlook, supported by accelerating commercial and AI software demand.
• Despite a “Moderate Buy” analyst consensus and an average price target of $192.19, valuation and insider selling remain risks: the stock trades at a P/E ratio above 150, while insiders have sold roughly $30.7 million of shares over the past 90 days.

Deutsche Bank AG boosted its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 1.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,257,866 shares of the company's stock after buying an additional 115,819 shares during the quarter. Deutsche Bank AG owned 0.43% of Palantir Technologies worth $1,196,785,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC purchased a new stake in Palantir Technologies during the fourth quarter worth $450,000. Bison Wealth LLC lifted its holdings in shares of Palantir Technologies by 37.4% in the fourth 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 in the last quarter. Capstone Wealth Management Group LLC grew its position in shares of Palantir Technologies by 38.0% in the first 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 during the last quarter. Schnieders Capital Management LLC. grew its position in shares of Palantir Technologies by 36.8% in the second 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 during the last quarter. Finally, Vivaldi Capital Management LP purchased a new position in shares of Palantir Technologies during the 2nd quarter worth approximately $315,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

More Palantir Technologies News

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

• Positive Sentiment: Palantir benefited from a broad risk-on session in which major stock indexes recovered from the prior sell-off and Bitcoin rallied, helping lift sentiment toward growth and AI equities. Stock Market Today: Dow Gains 550 Points; Palantir Rises, Bitcoin Rallies
• Positive Sentiment: Investor follow-through from Palantir’s latest quarterly report remains a major catalyst. Revenue rose 92.8% year over year to approximately $1.94 billion, U.S. commercial revenue surged 149%, and management raised its full-year 2026 revenue, operating-income and free-cash-flow outlooks. Record contract value also points to continued demand for the company’s AI software across commercial and defense customers. Palantir Rises as Strong AI Demand and Raised Outlook Keep Momentum Going
• Positive Sentiment: Palantir moved above a closely watched technical level and cleared a reported buy zone, potentially attracting momentum-oriented investors and creating an add-on entry for existing shareholders. Palantir Stock Clears Buy Zone But Could Offer Alternative Entry
• Neutral Sentiment: The options market implies less movement than Palantir has historically delivered, but its projected trading range remains wide. That signals elevated event and volatility risk rather than a clear directional catalyst. Even The Calm Reading On Palantir Puts Nearly Half The Position In Play
• Negative Sentiment: Valuation remains a significant concern after the recent rally. With a very high earnings multiple, investors may demand continued exceptional growth for further gains.
• Negative Sentiment: Michael Burry’s renewed bearish options position and warning that the AI data-center boom may contain leverage and circular-financing risks could pressure sentiment, particularly if enthusiasm for AI stocks fades. Palantir: Why Michael Burry's Put Buys Should Not Deter Retail Investors
• Negative Sentiment: Reported insider activity shows substantial selling and no open-market purchases by insiders over the past six months, a potential caution signal for investors despite strong business momentum.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Jefferies Financial Group restated an "underperform" rating and issued a $80.00 price objective on shares of Palantir Technologies in a research report on Tuesday, August 4th. Benchmark reissued a "hold" rating on shares of Palantir Technologies in a research note on Tuesday, August 4th. William Blair began coverage on shares of Palantir Technologies in a report on Tuesday, August 4th. They issued a "neutral" rating on the stock. Zacks Research upgraded Palantir Technologies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 7th. Finally, Needham & Company LLC set a $215.00 target price on Palantir Technologies in a research report on Tuesday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $192.19.

Insider Activity

In other news, Director Lauren Elaina Friedman Stat sold 3,032 shares of the company's stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $165.00, for a total value of $500,280.00. Following the completion of the sale, the director directly owned 54,107 shares of the company's stock, valued at approximately $8,927,655. This represents a 5.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,481 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $128.80, for a total value of $190,752.80. Following the transaction, the insider directly owned 60,226 shares of the company's stock, valued at approximately $7,757,108.80. The trade was a 2.40% 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. Over the last 90 days, insiders have sold 227,778 shares of company stock valued at $30,696,263. Insiders own 9.53% of the company's stock.

Palantir Technologies Trading Up 3.4%

Palantir Technologies stock opened at $179.94 on Friday. The stock has a market cap of $432.41 billion, a P/E ratio of 153.79, a price-to-earnings-growth ratio of 2.46 and a beta of 1.59. The stock has a 50 day moving average of $138.90 and a 200-day moving average of $140.74. Palantir Technologies Inc. has a 52 week low of $106.37 and a 52 week high of $207.52.

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

Want to see what other hedge funds are holding PLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palantir Technologies Inc. (NASDAQ:PLTR - Free Report).

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source