Sigma Planning Corp Lowers Holdings in NIKE, Inc. $NKE

Posted by Brian Himes on Sep 2nd, 2026

Sigma Planning Corp trimmed its holdings in shares of NIKE, Inc. (NYSE:NKE – Free Report) by 54.9% during the 2nd quarter, Holdings Channel reports. The fund owned 16,277 shares of the footwear maker’s stock after selling 19,816 shares during the period. Sigma Planning Corp’s holdings in NIKE were worth $668,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in shares of NIKE by 388.5% during the fourth quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker’s stock valued at $15,316,000 after purchasing an additional 160,980 shares in the last quarter. Caxton Associates LLP bought a new position in NIKE in the first quarter worth approximately $311,000. United Bank raised its stake in NIKE by 11.3% in the second quarter. United Bank now owns 17,067 shares of the footwear maker’s stock worth $1,212,000 after buying an additional 1,736 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in NIKE by 0.3% during the second quarter. NewEdge Advisors LLC now owns 64,161 shares of the footwear maker’s stock worth $4,558,000 after buying an additional 197 shares during the period. Finally, CIBC Asset Management Inc lifted its holdings in NIKE by 6.5% during the second quarter. CIBC Asset Management Inc now owns 191,268 shares of the footwear maker’s stock worth $13,588,000 after buying an additional 11,646 shares during the period. Hedge funds and other institutional investors own 64.25% of the company’s stock.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

Positive Sentiment: NIKE reinstated the chief commercial officer role and appointed Walmart veteran Jane Ewing, potentially strengthening its commercial execution. The company also announced a partnership with Foot Locker to launch The Crenshaw Rec, a community-focused retail and cultural hub in Los Angeles. Nike Reinstates Chief Commercial Officer Role
Neutral Sentiment: NIKE’s inventory-reduction program is aimed at clearing excess products and reducing future discounting. While the process may pressure near-term margins, new footwear launches and supply-chain improvements could support profitability over time. NIKE Inventory Cleanup
Negative Sentiment: JPMorgan reaffirmed its “sell” rating on NIKE, adding pressure to the shares and signaling that the firm sees limited upside at current valuation levels. JPMorgan Reaffirms Sell Rating
Negative Sentiment: JPMorgan lowered its fiscal 2027 earnings outlook and highlighted rising competition in China, raising concerns about weaker international growth and continued earnings-estimate reductions. JPMorgan Cuts Nike 2027 Earnings Outlook
Negative Sentiment: NIKE recently underperformed the broader market, reinforcing investor concerns about ongoing brand, demand and execution challenges. Nike Underperforms the General Market

Insider Buying and Selling at NIKE

In other news, CFO Matthew Friend sold 2,463 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $41.60, for a total value of $102,460.80. Following the sale, the chief financial officer directly owned 82,165 shares of the company’s stock, valued at $3,418,064. This represents a 2.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Amy Montagne sold 4,867 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $42.05, for a total transaction of $204,657.35. Following the transaction, the insider owned 57,436 shares of the company’s stock, valued at approximately $2,415,183.80. This trade represents a 7.81% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 26,142 shares of company stock valued at $1,169,380. 1.10% of the stock is currently owned by insiders.

NIKE Stock Down 2.4%

Shares of NKE stock opened at $38.12 on Wednesday. The stock’s 50-day simple moving average is $41.74 and its 200-day simple moving average is $46.67. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.36 and a current ratio of 1.96. The firm has a market capitalization of $56.55 billion, a PE ratio of 18.24, a P/E/G ratio of 1.73 and a beta of 1.10. NIKE, Inc. has a fifty-two week low of $37.97 and a fifty-two week high of $76.97.

NIKE (NYSE:NKE – Get Free Report) last released its earnings results on Tuesday, June 30th. The footwear maker reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. The firm had revenue of $10.97 billion during the quarter, compared to the consensus estimate of $10.85 billion. NIKE had a return on equity of 16.54% and a net margin of 6.70%.The company’s revenue was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 earnings per share. Equities analysts expect that NIKE, Inc. will post 1.74 earnings per share for the current year.

NIKE Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 4.3%. The ex-dividend date is Tuesday, September 1st. NIKE’s payout ratio is presently 78.47%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on NKE. Zacks Research upgraded NIKE from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. China Renaissance decreased their price objective on NIKE from $50.30 to $47.30 and set a “hold” rating for the company in a research note on Thursday, July 2nd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $45.00 price objective on shares of NIKE in a research report on Tuesday, August 25th. Weiss Ratings upgraded NIKE from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, July 17th. Finally, Telsey Advisory Group set a $47.00 target price on shares of NIKE and gave the stock a “market perform” rating in a report on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, NIKE has a consensus rating of “Hold” and an average target price of $52.94.

Get Our Latest Stock Analysis on NKE

NIKE Profile

(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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Institutional Ownership by Quarter for NIKE (NYSE:NKE)

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