Raiffeisen Bank International AG Has $8.10 Million Stock Holdings in Palantir Technologies Inc. $PLTR

Key Points

• Raiffeisen Bank International increased its Palantir stake by 24.4% in the second quarter, adding 13,757 shares to reach 70,026 shares valued at approximately $8.1 million. Institutional investors and hedge funds collectively own 45.65% of Palantir.
• Palantir reported strong quarterly results, with revenue of $1.94 billion—up 92.8% year over year—and adjusted earnings of $0.41 per share, exceeding analyst expectations.
• Despite a consensus “Moderate Buy” rating and average price target of $192.19, valuation and insider selling remain risks: the stock trades at a price-to-earnings ratio of 156, while insiders have sold more than $117 million in shares over the past 90 days.

Raiffeisen Bank International AG boosted its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 24.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,026 shares of the company's stock after purchasing an additional 13,757 shares during the quarter. Raiffeisen Bank International AG's holdings in Palantir Technologies were worth $8,099,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Global Retirement Partners LLC boosted its stake in shares of Palantir Technologies by 6.8% in the fourth quarter. Global Retirement Partners LLC now owns 79,282 shares of the company's stock valued at $14,092,000 after buying an additional 5,070 shares during the period. Income Insurance Ltd bought a new position in Palantir Technologies during the 4th quarter worth $1,228,000. Schnieders Capital Management LLC. increased its stake in Palantir Technologies by 36.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company's stock worth $858,000 after acquiring an additional 1,694 shares during the period. Pacific Heights Asset Management LLC raised its holdings in Palantir Technologies by 4.9% in the 4th quarter. Pacific Heights Asset Management LLC now owns 1,175,000 shares of the company's stock valued at $208,856,000 after acquiring an additional 55,000 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management UK Ltd. acquired a new position in Palantir Technologies in the 4th quarter valued at $1,511,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.

More Palantir Technologies News

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?

Insider Buying and Selling at Palantir Technologies

In other news, insider Shyam Sankar sold 35,000 shares of Palantir Technologies stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the transaction, the insider owned 642,786 shares in the company, valued at approximately $100,081,780.20. The trade was a 5.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lauren Friedman Stat sold 1,342 shares of the business's stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $182.50, for a total transaction of $244,915.00. Following the completion of the sale, the director directly owned 52,765 shares in the company, valued at approximately $9,629,612.50. This represents a 2.48% 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. Over the last 90 days, insiders sold 721,508 shares of company stock valued at $117,070,093. 9.53% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. UBS Group set a $215.00 target price on shares of Palantir Technologies in a report on Tuesday, August 11th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $225.00 target price on shares of Palantir Technologies in a report on Thursday, July 30th. Roth Capital assumed coverage on Palantir Technologies in a research note on Tuesday, August 4th. They issued a "buy" rating on the stock. Northland Securities set a $200.00 price target on Palantir Technologies in a report on Tuesday, August 4th. Finally, Royal Bank Of Canada restated an "underperform" rating and set a $90.00 price objective on shares of Palantir Technologies in a research report on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, Palantir Technologies has a consensus rating of "Moderate Buy" and an average target price of $192.19.

Palantir Technologies Trading Up 7.7%

Palantir Technologies stock opened at $182.53 on Friday. The stock has a 50-day moving average price of $148.99 and a two-hundred day moving average price of $143.33. Palantir Technologies Inc. has a 12 month low of $106.37 and a 12 month high of $207.52. The company has a market capitalization of $438.63 billion, a PE ratio of 156.01, a P/E/G ratio of 2.40 and a beta of 1.62.

Palantir Technologies (NASDAQ:PLTR - Get Free Report) last released its quarterly earnings data 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 company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The firm's revenue was up 92.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.16 earnings per share. As a group, analysts predict that Palantir Technologies Inc. will post 1.27 earnings per share 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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