NIKE, Inc. (NYSE:NKE – Get Free Report) CFO Matthew Friend sold 2,463 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $41.60, for a total transaction of $102,460.80. Following the completion of the sale, the chief financial officer directly owned 82,165 shares in the company, valued at approximately $3,418,064. This represents a 2.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NIKE Trading Down 0.8%
Shares of NIKE stock traded down $0.34 during trading on Friday, hitting $41.66. The stock had a trading volume of 19,592,702 shares, compared to its average volume of 20,959,270. NIKE, Inc. has a 12 month low of $40.00 and a 12 month high of $80.17. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.96 and a quick ratio of 1.36. The firm’s fifty day simple moving average is $43.28 and its 200-day simple moving average is $49.61. The stock has a market cap of $61.81 billion, a PE ratio of 19.94, a PEG ratio of 1.88 and a beta of 1.11.
NIKE (NYSE:NKE – Get Free Report) last issued its quarterly earnings results on Tuesday, June 30th. The footwear maker reported $0.20 EPS for the quarter, beating the consensus estimate of $0.11 by $0.09. NIKE had a net margin of 6.70% and a return on equity of 16.54%. The company had revenue of $10.97 billion for the quarter, compared to the consensus estimate of $10.85 billion. During the same period in the prior year, the firm posted $0.14 EPS. The firm’s revenue was down 1.1% compared to the same quarter last year. As a group, sell-side analysts expect that NIKE, Inc. will post 1.74 EPS for the current fiscal year.
NIKE Dividend Announcement
Hedge Funds Weigh In On NIKE
Several institutional investors have recently made changes to their positions in the company. Westerkirk Capital Inc. grew its holdings in NIKE by 52.4% in the fourth quarter. Westerkirk Capital Inc. now owns 131,220 shares of the footwear maker’s stock worth $8,360,000 after purchasing an additional 45,100 shares during the last quarter. OMERS ADMINISTRATION Corp lifted its holdings in shares of NIKE by 77.9% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 2,526,179 shares of the footwear maker’s stock valued at $160,943,000 after purchasing an additional 1,106,499 shares during the last quarter. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of NIKE in the 4th quarter worth $43,188,000. Nicholas Company Inc. grew its stake in NIKE by 33.3% during the 4th quarter. Nicholas Company Inc. now owns 123,652 shares of the footwear maker’s stock worth $7,878,000 after buying an additional 30,890 shares during the last quarter. Finally, Stoneridge Investment Partners LLC increased its position in NIKE by 1,253.6% during the 4th quarter. Stoneridge Investment Partners LLC now owns 78,846 shares of the footwear maker’s stock valued at $5,023,000 after buying an additional 73,021 shares in the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on NKE shares. The Goldman Sachs Group decreased their price target on NIKE from $46.00 to $42.00 and set a “neutral” rating for the company in a research note on Wednesday, July 1st. Citigroup reaffirmed a “neutral” rating on shares of NIKE in a research report on Wednesday, July 22nd. Weiss Ratings upgraded NIKE from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, July 17th. UBS Group set a $48.00 target price on NIKE and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. Finally, Stifel Nicolaus set a $45.00 target price on shares of NIKE and gave the company a “hold” rating in a research note on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eighteen have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $53.53.
Check Out Our Latest Research Report on NKE
Key Headlines Impacting NIKE
Here are the key news stories impacting NIKE this week:
- Positive Sentiment: NIKE declared a quarterly dividend of $0.41 per share, payable October 1 to shareholders of record September 1. The annualized payout of $1.64 represents an approximately 3.9% yield and provides continued income support for investors. NIKE Declares $0.41 Quarterly Dividend
- Positive Sentiment: NIKE is emphasizing performance products, innovation, athlete engagement and sport-focused execution as part of its effort to restore longer-term growth. The strategy could help offset near-term demand weakness if product momentum improves. NIKE Bets on Performance Products
- Neutral Sentiment: Brokerages collectively maintain a “Hold” recommendation, suggesting analysts see limited near-term catalysts but that the stock’s depressed valuation may already reflect some of the company’s difficulties. Consensus Hold Recommendation
- Negative Sentiment: JPMorgan lowered its stance to “Sell” and reiterated an underweight view, citing a longer-than-expected turnaround. The downgrade adds pressure to the stock and signals concerns about weak demand and delayed earnings recovery. JPMorgan Cuts Nike to Sell
- Negative Sentiment: Investors continue to focus on NIKE’s China reset and planned U.S. store closures, which could weigh on near-term revenue, earnings and operating margins. Analysts have also questioned whether the shares remain expensive relative to fair value despite substantial declines during 2026. NIKE China Reset and Store Closures
- Negative Sentiment: NIKE’s CFO, COO and an executive vice president each sold shares at $41.60. Because all three transactions were executed under pre-arranged Rule 10b5-1 plans and represented relatively small reductions in ownership, the sales are a modest negative signal rather than evidence of discretionary insider selling. NIKE Insider Sale Filing
NIKE Company Profile
Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.
The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).
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