Venkatesh Alagirisamy Sells 890 Shares of NIKE (NYSE:NKE) Stock

Posted by on Aug 7th, 2026

NIKE, Inc. (NYSE:NKE – Get Free Report) COO Venkatesh Alagirisamy sold 890 shares of NIKE stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $41.60, for a total transaction of $37,024.00. Following the completion of the sale, the chief operating officer directly owned 74,820 shares in the company, valued at approximately $3,112,512. This represents a 1.18% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

NIKE Stock Performance

Shares of NIKE stock traded down $0.34 on Friday, reaching $41.66. 19,592,702 shares of the company traded hands, compared to its average volume of 20,959,270. 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 has a market capitalization of $61.81 billion, a PE ratio of 19.94, a PEG ratio of 1.88 and a beta of 1.11. The company has a 50 day moving average of $43.28 and a 200 day moving average of $49.61. NIKE, Inc. has a 52 week low of $40.00 and a 52 week high of $80.17.

NIKE (NYSE:NKE – Get Free Report) last posted its quarterly earnings data 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 return on equity of 16.54% and a net margin of 6.70%.The business had revenue of $10.97 billion for the quarter, compared to the consensus estimate of $10.85 billion. During the same quarter in the prior year, the business earned $0.14 earnings per share. NIKE’s revenue for the quarter was down 1.1% on a year-over-year basis. Equities analysts forecast that NIKE, Inc. will post 1.74 earnings per share for the current year.

NIKE Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.41 per share. The ex-dividend date is Tuesday, September 1st. This represents a $1.64 annualized dividend and a dividend yield of 3.9%. NIKE’s dividend payout ratio is presently 78.47%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on NKE shares. Barclays dropped their price objective on shares of NIKE from $67.00 to $52.00 and set an “overweight” rating on the stock in a report on Wednesday, July 1st. Argus upgraded shares of NIKE to a “strong-buy” rating in a research note on Wednesday, July 15th. Citigroup reaffirmed a “neutral” rating on shares of NIKE in a report on Wednesday, July 22nd. Piper Sandler reduced their price objective on shares of NIKE from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, July 1st. Finally, Oppenheimer dropped their target price on NIKE from $120.00 to $60.00 and set an “outperform” rating on the stock in a research report on Friday, June 26th. One 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 assigned a Sell rating to the stock. According to MarketBeat, NIKE has an average rating of “Hold” and a consensus price target of $53.53.

Read Our Latest Analysis on NKE

NIKE News Summary

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of NKE. Brighton Jones LLC grew its position in NIKE by 388.5% in the fourth quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker’s stock worth $15,316,000 after acquiring an additional 160,980 shares in the last quarter. Caxton Associates LLP bought a new stake in NIKE during the first quarter worth about $311,000. United Bank boosted its holdings in shares of NIKE by 11.3% in the 2nd quarter. United Bank now owns 17,067 shares of the footwear maker’s stock worth $1,212,000 after purchasing an additional 1,736 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of NIKE by 0.3% during the 2nd quarter. NewEdge Advisors LLC now owns 64,161 shares of the footwear maker’s stock valued at $4,558,000 after purchasing an additional 197 shares during the last quarter. Finally, CIBC Asset Management Inc increased its position in shares of NIKE by 6.5% during the 2nd quarter. CIBC Asset Management Inc now owns 191,268 shares of the footwear maker’s stock valued at $13,588,000 after purchasing an additional 11,646 shares during the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.

About NIKE

(Get Free Report)

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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Insider Buying and Selling by Quarter for NIKE (NYSE:NKE)

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