McDonald's, Philip Morris And 2 Other Stocks Executives Are Selling

Core Insights - The Nasdaq 100 experienced a rise of over 1% during Friday's session, with investors paying attention to notable insider trades [1] Lithia Motors - Lithia Motors, Inc. Director Sidney B Deboer sold 11,938 shares at an average price of $290.86, totaling approximately$3.5 million [2] - The company reported better-than-expected second-quarter adjusted EPS results on August 1 [2] - Lithia Motors operates as a retailer of new and used vehicles and related services [2] Philip Morris International - Philip Morris International Inc. insider Frederic de Wilde sold 20,000 shares at an average price of $119.30, receiving around$2.4 million [3] - Barclays analyst Gaurav Jain maintained an Overweight rating and raised the price target from $110 to$130 on August 14 [3] - The company sells cigarettes and reduced-risk products primarily outside of the US [3] McDonald's - McDonald's Corporation President Joseph M. Erlinger sold 1,098 shares at an average price of $288.70, totaling approximately$316,993 [4] - Evercore ISI Group maintained an Outperform rating and raised the price target from $300 to$320 on August 19 [4] - McDonald's is the largest restaurant owner-operator globally, with 2023 system sales of $130 billion across nearly 42,000 stores [4] Mastercard - Mastercard Incorporated EVP Dale D Friedrichs sold 90,000 shares at an average price of$468.80, receiving around $42.2 million [5] - The company plans to reduce its global workforce by 3$9 trillion in volume during 2023 [5]