NIKE (NYSE:NKE) Director Purchases $1,060,750.00 in Stock

NIKE, Inc. (NYSE:NKE) Director Timothy Cook acquired 25,000 shares of NIKE stock in a transaction on Friday, April 10th. The shares were purchased at an average cost of $42.43 per share, with a total value of $1,060,750.00. Following the completion of the purchase, the director directly owned 130,480 shares of the company’s stock, valued at approximately $5,536,266.40. This represents a 23.70% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

NIKE Price Performance

NKE stock opened at $45.69 on Friday. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50. NIKE, Inc. has a one year low of $42.09 and a one year high of $80.17. The firm has a market capitalization of $67.66 billion, a PE ratio of 30.26, a P/E/G ratio of 2.40 and a beta of 1.31. The firm has a 50-day moving average of $55.02 and a two-hundred day moving average of $61.49.

NIKE (NYSE:NKE) last posted its quarterly earnings data on Tuesday, March 31st. The footwear maker reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.06. NIKE had a net margin of 4.84% and a return on equity of 16.41%. The company had revenue of $11.28 billion during the quarter, compared to analyst estimates of $11.23 billion. During the same period in the prior year, the firm earned $0.54 earnings per share. The business’s quarterly revenue was up .1% on a year-over-year basis. On average, analysts forecast that NIKE, Inc. will post 2.05 earnings per share for the current year.

NIKE Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd were paid a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 3.6%. NIKE’s dividend payout ratio is currently 108.61%.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Wells Fargo & Company reduced their price objective on shares of NIKE from $65.00 to $55.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. HSBC lowered shares of NIKE from a “buy” rating to a “hold” rating and reduced their price target for the stock from $90.00 to $48.00 in a research report on Monday. BTIG Research reduced their price target on shares of NIKE from $90.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Weiss Ratings lowered shares of NIKE from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 6th. Finally, DZ Bank reissued a “buy” rating on shares of NIKE in a research report on Thursday, April 2nd. Seventeen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $62.34.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Top executives and directors bought shares near multi-year lows, a strong confidence signal that likely helped lift the stock; filings show CEO Elliott Hill and board members added substantial positions. Insider Buying Cluster
• Positive Sentiment: Unusually heavy call-option and retail attention accompanied the insider buys, amplifying short‑term upside as traders speculated on a rebound. Options Flow & Short-Term Drivers
• Neutral Sentiment: Nike’s sales mix is shifting toward wholesale while direct/digital trends soften — this could steady margins if wholesale execution improves but represents near-term top-line risk. Sales Mix Shift
• Neutral Sentiment: The company filed a shelf registration for up to $2.332B in Class B shares tied to an ESOP — watch timing/dilution as a potential future supply factor. Shelf Registration / ESOP
• Neutral Sentiment: Major brokers remain cautious: JPMorgan and others maintain neutral ratings, so broad institutional guidance isn’t yet signaling a buy-side catalyst. Broker Ratings
• Negative Sentiment: HSBC cut NKE to Hold and slashed its price target from $90 to $48, calling the turnaround a “show‑me” story — a high‑profile downgrade that likely pressured sentiment. HSBC Downgrade
• Negative Sentiment: Zacks substantially cut near‑term and multi‑year EPS forecasts (multiple quarters and FY2027/FY2028) — analyst model downgrades increase downside risk for valuation. Zacks Estimate Cuts
• Negative Sentiment: Piper Sandler and other shops trimmed targets/ratings; media and analyst pieces are emphasizing a delayed turnaround and structural headwinds in China, Converse and sportswear, keeping the short‑term narrative bearish. Additional Downgrades & Bear Case
• Negative Sentiment: Governance/legal headline risk: a shareholder PR alleging potential insider fiduciary breaches adds watch‑list risk until resolved. Fiduciary Allegation

Hedge Funds Weigh In On NIKE

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in NIKE by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 116,993,541 shares of the footwear maker’s stock valued at $7,453,658,000 after acquiring an additional 1,702,342 shares in the last quarter. State Street Corp raised its position in NIKE by 2.2% during the fourth quarter. State Street Corp now owns 59,315,606 shares of the footwear maker’s stock valued at $3,802,807,000 after acquiring an additional 1,275,494 shares in the last quarter. Capital World Investors raised its position in NIKE by 16.2% during the fourth quarter. Capital World Investors now owns 49,069,951 shares of the footwear maker’s stock valued at $3,126,246,000 after acquiring an additional 6,830,938 shares in the last quarter. J. Stern & Co. LLP raised its position in NIKE by 49,010.4% during the fourth quarter. J. Stern & Co. LLP now owns 48,054,542 shares of the footwear maker’s stock valued at $3,061,555,000 after acquiring an additional 47,956,692 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in NIKE by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 26,442,879 shares of the footwear maker’s stock valued at $1,677,251,000 after acquiring an additional 233,925 shares in the last quarter. Institutional investors own 64.25% of the company’s stock.

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).