NIKE (NYSE:NKE) Director Timothy Cook Buys 50,000 Shares

NIKE, Inc. (NYSE:NKE) Director Timothy Cook acquired 50,000 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was acquired at an average cost of $58.97 per share, for a total transaction of $2,948,500.00. Following the completion of the purchase, the director directly owned 105,480 shares in the company, valued at $6,220,155.60. This trade represents a 90.12% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

NIKE Trading Up 0.2%

Shares of NKE stock opened at $57.35 on Wednesday. NIKE, Inc. has a fifty-two week low of $52.28 and a fifty-two week high of $82.44. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.06. The stock has a 50 day simple moving average of $64.64 and a two-hundred day simple moving average of $69.41. The company has a market cap of $84.77 billion, a P/E ratio of 33.73, a PEG ratio of 2.41 and a beta of 1.29.

NIKE (NYSE:NKE) last announced its quarterly earnings data on Thursday, December 18th. The footwear maker reported $0.53 EPS for the quarter, topping the consensus estimate of $0.37 by $0.16. The company had revenue of $12.43 billion during the quarter, compared to the consensus estimate of $12.19 billion. NIKE had a net margin of 5.43% and a return on equity of 18.43%. The company’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter last year, the firm posted $0.78 EPS. Research analysts forecast that NIKE, Inc. will post 2.05 earnings per share for the current year.

NIKE Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Monday, December 1st will be paid a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.9%. This is an increase from NIKE’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, December 1st. NIKE’s payout ratio is presently 96.47%.

Analyst Ratings Changes

A number of research analysts recently weighed in on NKE shares. Morgan Stanley set a $72.00 price target on NIKE and gave the stock a “positive” rating in a research note on Wednesday, October 1st. Guggenheim reaffirmed a “buy” rating and set a $77.00 target price on shares of NIKE in a research report on Friday, December 19th. Wells Fargo & Company set a $65.00 price target on shares of NIKE and gave the company an “overweight” rating in a research report on Friday. Berenberg Bank restated a “neutral” rating and set a $70.00 price objective on shares of NIKE in a report on Friday, December 19th. Finally, UBS Group set a $62.00 price objective on shares of NIKE and gave the company a “neutral” rating in a report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, NIKE has a consensus rating of “Moderate Buy” and an average price target of $78.14.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Large insider buys signal confidence — Director Timothy D. Cook purchased 50,000 shares (~$2.95M) and Director Robert Holmes Swan bought 8,691 shares (~$500k), increasing their ownership materially; insider accumulation often supports near‑term investor sentiment. Timothy D. Cook Form 4 Robert Holmes Swan Form 4
• Positive Sentiment: Jim Cramer reiterated a bullish view on a turnaround timeline and upside potential (including commentary that NKE could reach $100 under the right recovery), which can influence retail flows and sentiment. Jim Cramer: Nike comeback Cramer: stock could go to 100
• Neutral Sentiment: Recent analyst writeups summarize mixed fundamentals and competitor context — useful for background but not decisive by themselves. Globe and Mail: analysts on Nike & Carnival Globe and Mail: analysts on Nike & Domino’s
• Negative Sentiment: Analyst downgrade to Sell highlights structural concerns: Seeking Alpha points to unsustainable dividends, margin compression, overvaluation, a 32% drop in net income, and a 17% decline in China sales — these raise risks to near‑term earnings and valuation. Seeking Alpha: downgrade to sell
• Negative Sentiment: Post‑earnings weakness driven by China weakness and disappointing Q3 guidance pushed shares below technical support; several writeups explain the recent selloff and debate whether the share drop is a buying opportunity. Barchart: earnings disappointment/technical break Forbes: why NKE is falling

Institutional Investors Weigh In On NIKE

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mascoma Wealth Management LLC purchased a new stake in shares of NIKE during the second quarter valued at approximately $26,000. Halbert Hargrove Global Advisors LLC grew its stake in NIKE by 952.6% in the 2nd quarter. Halbert Hargrove Global Advisors LLC now owns 400 shares of the footwear maker’s stock valued at $28,000 after purchasing an additional 362 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of NIKE during the 2nd quarter valued at $31,000. Matrix Trust Co raised its stake in shares of NIKE by 53.1% during the 2nd quarter. Matrix Trust Co now owns 441 shares of the footwear maker’s stock worth $31,000 after purchasing an additional 153 shares during the period. Finally, Saudi Central Bank purchased a new position in shares of NIKE in the 1st quarter worth about $30,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

About NIKE

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).