Deutsche Bank AG Has $1.20 Billion Stock Position in Palantir Technologies Inc. $PLTR

Deutsche Bank AG boosted its position in shares of Palantir Technologies Inc. (NASDAQ:PLTRFree Report) by 1.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,257,866 shares of the company’s stock after purchasing an additional 115,819 shares during the period. Deutsche Bank AG’s holdings in Palantir Technologies were worth $1,196,785,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Norges Bank bought a new position in shares of Palantir Technologies during the 4th quarter valued at $5,149,641,000. Jennison Associates LLC bought a new stake in Palantir Technologies in the first quarter worth $1,574,111,000. Arrowstreet Capital Limited Partnership boosted its holdings in Palantir Technologies by 277.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 10,446,959 shares of the company’s stock worth $1,528,143,000 after purchasing an additional 7,678,747 shares in the last quarter. State Street Corp increased its position in Palantir Technologies by 7.2% during the third quarter. State Street Corp now owns 101,258,899 shares of the company’s stock worth $18,471,648,000 after buying an additional 6,777,771 shares during the last quarter. Finally, Cardano Risk Management B.V. lifted its position in shares of Palantir Technologies by 917.4% in the fourth quarter. Cardano Risk Management B.V. now owns 6,585,630 shares of the company’s stock worth $1,170,596,000 after buying an additional 5,938,343 shares during the last quarter. 45.65% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Palantir Technologies

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.

Insider Buying and Selling

In other Palantir Technologies news, Director Lauren Elaina Friedman Stat sold 3,032 shares of the 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 of the company’s stock, valued at approximately $8,927,655. This represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,481 shares of Palantir Technologies stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $128.80, for a total transaction of $190,752.80. Following the transaction, the insider directly owned 60,226 shares in the company, valued at $7,757,108.80. The trade was a 2.40% 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. Insiders sold a total of 227,778 shares of company stock worth $30,696,263 over the last three months. 9.53% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on PLTR shares. BTIG Research cut Palantir Technologies to a “neutral” rating in a research report on Tuesday, June 16th. Phillip Securities boosted their price objective on shares of Palantir Technologies from $190.00 to $202.00 in a research note on Monday, May 11th. President Capital upgraded shares of Palantir Technologies from a “neutral” rating to a “buy” rating and raised their target price for the company from $25.50 to $133.00 in a research note on Monday, June 29th. Needham & Company LLC set a $215.00 target price on shares of Palantir Technologies in a research report on Tuesday, August 11th. Finally, Jefferies Financial Group reiterated an “underperform” rating and issued a $80.00 price objective on shares of Palantir Technologies in a research note on Tuesday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Palantir Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $192.19.

View Our Latest Report on PLTR

Palantir Technologies Stock Performance

Shares of NASDAQ:PLTR opened at $179.94 on Friday. The company’s fifty day moving average is $138.90 and its 200-day moving average is $140.74. Palantir Technologies Inc. has a 52 week low of $106.37 and a 52 week high of $207.52. The company has a market capitalization of $432.41 billion, a PE ratio of 153.79, a P/E/G ratio of 2.46 and a beta of 1.59.

Palantir Technologies (NASDAQ:PLTRGet Free Report) last announced its earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.34 by $0.07. The business had revenue of $1.94 billion for 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%.Palantir Technologies’s revenue was up 92.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.16 EPS. On average, analysts forecast that Palantir Technologies Inc. will post 1.27 EPS for the current year.

Palantir Technologies Profile

(Free Report)

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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Institutional Ownership by Quarter for Palantir Technologies (NASDAQ:PLTR)

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