Insider Transactions and Upgrades: Key Moves in Tech and Consumer Stocks

1. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -2.55%. Palantir disclosed six insider transactions on August 14, 2024, including the sale of 107,500 shares by executive Glazer David A. Additionally, two insider transactions were revealed on August 13, 2024, with executive Taylor Ryan D. selling 249,700 shares.

2. Block (NYSE: SQ)
Block dipped mildly by -2.58%. Block disclosed internal transactions with executives Dale Ajmere selling 500 shares on August 13, 2024, and director Botha Roelof buying 313,100 shares on August 6, 2024. Q2 2024 revenue was $12.11 billion, net profit $661 million, up 15.08% YoY. Needham maintained a "Buy" rating with an $80 target.

3. Vertiv Holdings (NYSE: VRT)
Vertiv Holdings dipped mildly by -2.59%. Evercore ISI Group and Mizuho upgraded Vertiv Holdings to Outperform, setting target prices at $105.00 and $92.00, respectively. Vertiv Holdings reported H1 2024 revenue of $35.92 billion, up 10.34%, and net profit of $172 million. Executive Fallon David Joseph purchased 952 shares on July 31, 2024.

4. Nike (NYSE: NKE)
Nike dipped mildly by -2.62%. Nike sees hope in the back-to-school season and the Olympics to recover from weak summer sales. Williams Trading upgrades Nike to Buy, with a new price target of $93. Pershing Square's Bill Ackman initiated a significant position in Nike in Q2 2024.

5. Sony Group (NYSE: SONY)
Sony Group dipped mildly by -2.71%. Sony's first-party game "Until Dawn: Enhanced Edition" will be released on October 4 for PC and PS5 at $59.99. Sony and Nintendo are actively preparing for new consoles, PS5 Pro and Switch 2, with mass production seemingly underway.