Nuance Investments LLC Raises Stake in NIKE, Inc. $NKE

Posted by Geri Gentry on Aug 18th, 2026

Nuance Investments LLC boosted its stake in shares of NIKE, Inc. (NYSE:NKE – Free Report) by 71.2% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 220,836 shares of the footwear maker’s stock after buying an additional 91,833 shares during the quarter. NIKE makes up approximately 1.5% of Nuance Investments LLC’s portfolio, making the stock its 20th largest holding. Nuance Investments LLC’s holdings in NIKE were worth $9,065,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Scarborough Advisors LLC purchased a new stake in shares of NIKE during the 1st quarter worth approximately $25,000. Cornerstone Financial Management LLC bought a new stake in shares of NIKE in the 4th quarter worth approximately $26,000. Sankala Group LLC purchased a new position in NIKE in the fourth quarter valued at approximately $26,000. Meeder Asset Management Inc. lifted its stake in NIKE by 108.4% in the first quarter. Meeder Asset Management Inc. now owns 548 shares of the footwear maker’s stock valued at $29,000 after purchasing an additional 285 shares during the last quarter. Finally, J.Safra Asset Management Corp bought a new position in NIKE during the fourth quarter valued at $29,000. Institutional investors own 64.25% of the company’s stock.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

Positive Sentiment: NIKE is emphasizing athlete-led product innovation, new technologies and localized market strategies to reignite consumer demand. A stronger product pipeline could support a gradual recovery if new launches gain traction. Is NIKE Winning Back Consumers Through Product Innovation?
Positive Sentiment: A rebound in wholesale business provides a potential offset to weaker digital and direct-to-consumer sales, although investors have so far focused more heavily on the latter weakness. China Weakness Overshadows Wholesale Rebound
Neutral Sentiment: Reports raised questions about an alleged “cookie stuffing” scheme involving e-commerce startup Phia, which may have inserted tracking cookies without valid referrals. The allegations could affect the attribution of affiliate sales and prompt scrutiny of NIKE’s digital controls, but the financial impact remains unclear. What Does Nike Cookie Stuffing Exposure Mean For Investors?
Negative Sentiment: Persistent weakness in direct-to-consumer sales and China, alongside pressure across international markets, has deepened doubts about the pace and effectiveness of NIKE’s turnaround. The stock has lost roughly 78% from its 2021 record high and reached its lowest level in more than a decade. Nike Shares Hit 11-Year Low as Turnaround Doubts Deepen
Negative Sentiment: A weak revenue outlook from rival On Holding added pressure to the broader athletic-apparel sector, reinforcing concerns about consumer demand and competition. Why Is Nike Stock Falling?

Wall Street Analyst Weigh In

A number of analysts have issued reports on NKE shares. Barclays decreased their target price on NIKE from $67.00 to $52.00 and set an “overweight” rating for the company in a research report on Wednesday, July 1st. Piper Sandler cut their price target on NIKE from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, July 1st. Rothschild & Co Redburn decreased their price objective on NIKE from $45.00 to $37.00 and set a “sell” rating for the company in a report on Friday, July 17th. Telsey Advisory Group set a $47.00 price objective on NIKE and gave the company a “market perform” rating in a research note on Wednesday, July 1st. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $40.00 price objective (down from $47.00) on shares of NIKE in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eighteen have assigned a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $53.53.

View Our Latest Stock Report on NKE

NIKE Trading Down 4.0%

NYSE:NKE opened at $39.11 on Tuesday. NIKE, Inc. has a 1 year low of $38.86 and a 1 year high of $80.17. The stock’s fifty day moving average price is $42.82 and its two-hundred day moving average price is $48.45. 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 company has a market cap of $58.02 billion, a P/E ratio of 18.71, a P/E/G ratio of 1.81 and a beta of 1.11.

NIKE (NYSE:NKE – Get Free Report) last announced its quarterly earnings results on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share 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 company had revenue of $10.97 billion during the quarter, compared to analysts’ expectations of $10.85 billion. During the same period in the previous year, the business earned $0.14 earnings per share. The firm’s quarterly revenue was down 1.1% compared to the same quarter last year. As a group, analysts expect that NIKE, Inc. will post 1.74 EPS for the current year.

NIKE Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Tuesday, September 1st. NIKE’s payout ratio is presently 78.47%.

Insider Buying and Selling

In other news, EVP Philip Mccartney sold 17,398 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $46.18, for a total value of $803,439.64. Following the completion of the transaction, the executive vice president directly owned 53,133 shares in the company, valued at approximately $2,453,681.94. This trade represents a 24.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Amy Montagne sold 4,867 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $42.05, for a total transaction of $204,657.35. Following the transaction, the insider directly owned 57,436 shares of the company’s stock, valued at approximately $2,415,183.80. This represents a 7.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 26,142 shares of company stock worth $1,169,380 over the last quarter. 1.10% of the stock is owned by corporate insiders.

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).