Insider Trades and Upgrades: Key Moves in Top Stocks
Generated by AI AgentAinvest Market Brief
Tuesday, Aug 20, 2024 6:00 pm ET1min read
PLTR--
1. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -2.55%. Palantir disclosed six insider transactions on August 14, 2024, including CFO David A. Glazer's sale of 107,500 shares. Additionally, on August 13, 2024, Palantir reported two insider transactions, including CTO Ryan D. Taylor selling 249,700 shares.
2. Block (NYSE: SQ)
Block dipped mildly by -2.58%. Block disclosed insider trading on August 15, with Dale Ajmere selling 500 shares on August 13. Additionally, Block reported insider transactions on August 8, with director Botha Roelof buying 313,100 shares on August 6. Block’s mid-year report showed $12.113 billion in revenue and $661 million in net profit.
3. Vertiv Holdings (NYSE: VRT)
Vertiv Holdings dipped mildly by -2.59%. Vertiv Holdings announced H1 2024 revenue of $35.92 billion, up 10.34% year-over-year, with net profit of $1.72 billion. Evercore ISI Group and Mizuho upgraded the company's rating to outperform, setting the latest target prices at $105.00 and $92.00, respectively.
4. Nike (NYSE: NKE)
Nike dipped mildly by -2.62%. NIKE's second-quarter filings revealed significant moves from high-profile hedge funds. Pershing Square, led by Bill Ackman, newly acquired around 3 million NIKE shares. Williams Trading upgraded NIKE to "Buy" and raised its price target to $93.00.
5. Sony Group (NYSE: SONY)
Sony Group dipped mildly by -2.71%. Sony Corporation launched two 4K cameras, PXW-Z200 and HXR-NX800, featuring AI chips for subject recognition and automatic framing, starting at 29,000 yuan. Additionally, Duolingo and Sony Music partnered to create music learning courses.
Palantir Technologies dipped mildly by -2.55%. Palantir disclosed six insider transactions on August 14, 2024, including CFO David A. Glazer's sale of 107,500 shares. Additionally, on August 13, 2024, Palantir reported two insider transactions, including CTO Ryan D. Taylor selling 249,700 shares.
2. Block (NYSE: SQ)
Block dipped mildly by -2.58%. Block disclosed insider trading on August 15, with Dale Ajmere selling 500 shares on August 13. Additionally, Block reported insider transactions on August 8, with director Botha Roelof buying 313,100 shares on August 6. Block’s mid-year report showed $12.113 billion in revenue and $661 million in net profit.
3. Vertiv Holdings (NYSE: VRT)
Vertiv Holdings dipped mildly by -2.59%. Vertiv Holdings announced H1 2024 revenue of $35.92 billion, up 10.34% year-over-year, with net profit of $1.72 billion. Evercore ISI Group and Mizuho upgraded the company's rating to outperform, setting the latest target prices at $105.00 and $92.00, respectively.
4. Nike (NYSE: NKE)
Nike dipped mildly by -2.62%. NIKE's second-quarter filings revealed significant moves from high-profile hedge funds. Pershing Square, led by Bill Ackman, newly acquired around 3 million NIKE shares. Williams Trading upgraded NIKE to "Buy" and raised its price target to $93.00.
5. Sony Group (NYSE: SONY)
Sony Group dipped mildly by -2.71%. Sony Corporation launched two 4K cameras, PXW-Z200 and HXR-NX800, featuring AI chips for subject recognition and automatic framing, starting at 29,000 yuan. Additionally, Duolingo and Sony Music partnered to create music learning courses.
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