17,879 NIKE, Inc. $NKE Shares Sold by Jacobs & Co. CA

Posted by Francis Steltz on Oct 10th, 2026

Jacobs & Co. CA lowered its holdings in shares of NIKE, Inc. (NYSE:NKE – Free Report) by 13.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 111,735 shares of the footwear maker’s stock after selling 17,879 shares during the period. Jacobs & Co. CA’s holdings in NIKE were worth $3,955,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of NKE. J. Stern & Co. LLP lifted 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 purchasing an additional 47,956,692 shares during the last quarter. Flossbach Von Storch SE purchased a new stake in NIKE in the second quarter worth $488,714,000. State Street Corp grew its stake in NIKE by 6.8% in the 2nd quarter. State Street Corp now owns 63,598,789 shares of the footwear maker’s stock worth $2,636,104,000 after acquiring an additional 4,052,428 shares in the last quarter. Employees Provident Fund Board bought a new stake in NIKE during the 4th quarter valued at $186,079,000. Finally, Confluence Investment Management LLC increased its holdings in NIKE by 873.8% during the third quarter. Confluence Investment Management LLC now owns 2,720,616 shares of the footwear maker’s stock valued at $96,310,000 after buying an additional 2,441,233 shares during the period. 64.25% of the stock is currently owned by institutional investors.

Insider Activity at NIKE

In related news, insider Amy Montagne sold 4,867 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $42.05, for a total value of $204,657.35. Following the sale, the insider owned 57,436 shares in the company, valued at $2,415,183.80. This represents a 7.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Venkatesh Alagirisamy sold 3,671 shares of the firm’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $37.59, for a total value of $137,992.89. Following the completion of the transaction, the chief operating officer owned 104,862 shares of the company’s stock, valued at approximately $3,941,762.58. This represents a 3.38% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 14,974 shares of company stock valued at $600,126. 1.10% of the stock is currently owned by corporate insiders.

Key NIKE News

Here are the key news stories impacting NIKE this week:

Positive Sentiment: NIKE reported fiscal first-quarter adjusted earnings of $0.48 per share, exceeding the $0.43 analyst consensus. Management is also pursuing growth initiatives, including a possible return to Formula 1 sponsorships in 2027. NIKE’s Shares Fall More Than 2% Post Q1 Earnings: What’s Ahead? Nike Eyes Bringing the Swoosh Back to Formula 1
Neutral Sentiment: Heavy investor search interest and inclusion on apparel-stock watchlists may increase visibility, but these items do not indicate a change in NIKE’s fundamentals. Investors Heavily Search NIKE Apparel Stocks To Add to Your Watchlist
Negative Sentiment: Revenue was $11.21 billion, below the $11.32 billion consensus and down 4.3% year over year. The earnings beat therefore came alongside weakening demand, while fiscal 2027 EPS guidance of $1.15 to $1.35 suggests a prolonged recovery.
Negative Sentiment: Greater China remains a major concern, with falling sales and limited visibility after NIKE reorganized its regional reporting and provided less detailed China and comparable-store-sales data. Investors may view the reduced disclosure as an additional transparency risk. Why Is Nike Giving Investors Less Insight Into China Sales?
Negative Sentiment: Analysts and commentators continue to describe NIKE’s turnaround as lengthy, citing China pressure, declining revenue and a sales forecast that could signal further weakness. Some argue the stock is not yet attractive despite trading far below its all-time high. Nike Has a Long Turnaround Ahead One Reason to Still Avoid Nike
Negative Sentiment: Fiscal 2027 projected earnings may fall below the company’s dividend obligation, raising questions about payout coverage even though management has backed the dividend. Nike Guided Earnings Below Its Dividend

NIKE Stock Down 0.0%

NIKE stock opened at $34.74 on Friday. The stock’s fifty day simple moving average is $38.08 and its 200-day simple moving average is $42.20. The company has a current ratio of 2.07, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. NIKE, Inc. has a twelve month low of $31.97 and a twelve month high of $70.44. The firm has a market capitalization of $51.53 billion, a P/E ratio of 16.70, a P/E/G ratio of 3.05 and a beta of 1.09.

NIKE (NYSE:NKE – Get Free Report) last posted its earnings results on Thursday, October 1st. The footwear maker reported $0.48 EPS for the quarter, beating the consensus estimate of $0.43 by $0.05. The firm had revenue of $11.21 billion for the quarter, compared to analyst estimates of $11.32 billion. NIKE had a return on equity of 15.94% and a net margin of 6.74%. NIKE’s revenue for the quarter was down 4.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.49 earnings per share. NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. As a group, equities analysts expect that NIKE, Inc. will post 1.26 earnings per share for the current fiscal year.

NIKE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Tuesday, September 1st were given a $0.41 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $1.64 annualized dividend and a yield of 4.7%. NIKE’s dividend payout ratio is presently 78.85%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on NKE shares. Wall Street Zen cut shares of NIKE from a “hold” rating to a “sell” rating in a research report on Saturday, October 3rd. Zacks Research lowered shares of NIKE from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 1st. Royal Bank Of Canada decreased their price target on NIKE from $45.00 to $40.00 and set a “sector perform” rating for the company in a report on Tuesday, September 29th. BNP Paribas Exane set a $19.00 price target on NIKE and gave the company an “underperform” rating in a research note on Friday, October 2nd. Finally, KeyCorp reiterated a “sector weight” rating on shares of NIKE in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twenty-one have issued a Hold rating and ten have assigned a Sell rating to the stock. Based on data from MarketBeat, NIKE currently has an average rating of “Reduce” and an average target price of $41.07.

Read Our Latest Analysis on NKE

NIKE Company Profile

(Free Report)

NIKE, Inc is a global sportswear company that designs, develops, markets and sells athletic footwear, apparel, equipment, accessories and related services. Its products are marketed under the NIKE, Jordan and Converse brands and are used across a broad range of sports and lifestyle activities, including running, basketball, football, training and outdoor pursuits.

The company distributes its products through a combination of wholesale partners, NIKE-owned retail stores and digital platforms.