Insider Sales and New Launches: How Top NYSE Stocks Are Reacting

1. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -2.55%. Palantir disclosed insider transactions on September 5, 2024, involving Director Moore Alexander D. selling 18,000 shares on September 3, 2024, and Executive Heather A. Planishek selling 14,000 shares on August 29, 2024. Additionally, on August 22, 2024, Director Karp Alexander C. sold 535,100 shares.

2. Block (NYSE: SQ)
Block dipped mildly by -2.58%. UBS maintains a Buy rating on Block with a new price target of $92. Block's mid-year report showed revenue of $12.113 billion, up 15.08% year-over-year, and a net profit of $661 million. On August 23, Block disclosed seven insider transactions.

3. Vertiv Holdings (NYSE: VRT)
Vertiv Holdings dipped mildly by -2.59%. Vertiv Holdings disclosed seven insider transactions on September 4, 2024. On September 3, 2024, executive Winther Karsten purchased 30,200 shares. Additionally, executive Lim Cheryl H. J. sold 2,914 shares on August 22, 2024.

4. Nike (NYSE: NKE)
Nike dipped mildly by -2.62%. Jordan brand's Greater China General Manager, Chen Gaoli, highlighted the brand's deep local investment and international exchange, emphasizing its pivotal role within Nike and future growth driven by high-quality initiatives.

5. Sony Group (NYSE: SONY)
Sony Group dipped mildly by -2.71%. Sony announced the launch of the HDC-P50A, a versatile camera with 4K imaging sensors, which is compact and lightweight. Additionally, Sony introduced a new high-quality 4K laser projector and various PlayStation brand peripherals to mark its 30th anniversary.