22,571 Shares in NIKE, Inc. $NKE Acquired by Ticino Wealth

Ticino Wealth bought a new position in NIKE, Inc. (NYSE:NKE) in the fourth quarter, HoldingsChannel.com reports. The fund bought 22,571 shares of the footwear maker’s stock, valued at approximately $1,438,000.

Other hedge funds have also added to or reduced their stakes in the company. Harris Associates L P purchased a new position in shares of NIKE in the 2nd quarter worth $621,525,000. Jennison Associates LLC increased its position in NIKE by 42.3% during the third quarter. Jennison Associates LLC now owns 11,838,528 shares of the footwear maker’s stock valued at $825,501,000 after acquiring an additional 3,518,666 shares during the last quarter. Ameriprise Financial Inc. increased its position in NIKE by 129.4% during the second quarter. Ameriprise Financial Inc. now owns 5,849,636 shares of the footwear maker’s stock valued at $411,951,000 after acquiring an additional 3,299,155 shares during the last quarter. Sustainable Growth Advisers LP bought a new position in NIKE in the third quarter valued at about $190,182,000. Finally, Amundi boosted its position in NIKE by 85.2% in the third quarter. Amundi now owns 5,187,020 shares of the footwear maker’s stock worth $369,160,000 after purchasing an additional 2,385,815 shares during the last quarter. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Insiders have been buying sizable amounts of stock, which traders often read as confidence from management and executives; that buying has supported a short-term lift in the shares. Nike Insiders Bet Big on the Stock — Should You Follow?
• Neutral Sentiment: Inventory cleanup is underway globally, which is necessary for a sustainable margin recovery, but the company still faces heavy discounting and mix issues that delay a clear profitability rebound. This is a constructive step but not an immediate earnings catalyst. Are NIKE’s Inventory Fixes Boosting Global Profitability Yet?
• Neutral Sentiment: Macro volatility (tariffs, oil shocks, geopolitical headlines) is creating uneven demand and adds uncertainty to the timing of a turnaround; this raises execution risk but doesn’t negate the long-term brand strengths. Tariffs, Oil Shocks, and Volatility: Is Nike Still Worth Owning in 2026?
• Negative Sentiment: Analysts and commentators are raising the possibility of a dividend cut as near-term cash flow and margins remain strained — that concern can weigh on investor sentiment and income-focused holders. Is a Dividend Cut Inevitable for Nike?
• Negative Sentiment: High-profile skeptics (including on-air commentators) and critical op-eds are tempering optimism about the pace of any turnaround, keeping downward pressure on sentiment until results clearly improve. Jim Cramer Isn’t Convinced About Nike’s (NKE) Turnaround
• Negative Sentiment: Brand risk: a recent Boston store ad drew backlash and a quick removal/apology, highlighting sensitivity around marketing and the potential for reputation-driven headaches while the company tries to re-center its core customer base. Nike Boston Ad Backlash Raises Fresh Questions For Brand And Investors

Insiders Place Their Bets

In other news, Director Timothy D. Cook bought 25,000 shares of the stock in a transaction on Friday, April 10th. The stock was bought at an average cost of $42.43 per share, for a total transaction of $1,060,750.00. Following the completion of the purchase, the director directly owned 130,480 shares in the company, valued at approximately $5,536,266.40. The trade was a 23.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Elliott Hill purchased 23,660 shares of the company’s stock in a transaction on Monday, April 13th. The shares were purchased at an average price of $42.27 per share, for a total transaction of $1,000,108.20. Following the purchase, the chief executive officer owned 265,247 shares in the company, valued at approximately $11,211,990.69. The trade was a 9.79% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought a total of 64,441 shares of company stock valued at $2,734,204 over the last quarter. 0.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on NKE. Jefferies Financial Group cut their price target on NIKE from $110.00 to $90.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of NIKE from $54.00 to $51.00 and set a “hold” rating on the stock in a report on Wednesday, April 1st. DZ Bank restated a “buy” rating on shares of NIKE in a research report on Thursday, April 2nd. Needham & Company LLC cut shares of NIKE from a “buy” rating to a “hold” rating in a report on Thursday, January 8th. Finally, BTIG Research decreased their price target on shares of NIKE from $90.00 to $75.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Seventeen research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $62.34.

NIKE Stock Performance

NKE opened at $46.66 on Tuesday. The firm has a market cap of $69.10 billion, a P/E ratio of 30.87, a PEG ratio of 2.43 and a beta of 1.31. NIKE, Inc. has a 1-year low of $42.09 and a 1-year high of $80.17. The company has a 50 day simple moving average of $54.34 and a two-hundred day simple moving average of $60.98. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.14 and a quick ratio of 1.45.

NIKE (NYSE:NKE) last announced its earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.06. The firm had revenue of $11.28 billion for the quarter, compared to analysts’ expectations of $11.23 billion. NIKE had a net margin of 4.84% and a return on equity of 16.41%. The business’s revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.54 EPS. Equities analysts forecast that NIKE, Inc. will post 1.52 earnings per share for the current fiscal year.

NIKE Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Monday, March 2nd. NIKE’s dividend payout ratio is presently 108.61%.

NIKE 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).