Insider Selling: NIKE (NYSE:NKE) EVP Sells $21,798.40 in Stock

NIKE, Inc. (NYSE:NKE) EVP Philip Mccartney sold 524 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $41.60, for a total transaction of $21,798.40. Following the completion of the sale, the executive vice president directly owned 52,115 shares of the company’s stock, valued at approximately $2,167,984. The trade was a 1.00% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Philip Mccartney also recently made the following trade(s):

• On Friday, June 12th, Philip Mccartney sold 17,398 shares of NIKE stock. The shares were sold at an average price of $46.18, for a total transaction of $803,439.64.

NIKE Stock Down 0.1%

Shares of NYSE NKE opened at $41.66 on Monday. The company’s 50-day simple moving average is $43.18 and its 200-day simple moving average is $49.45. NIKE, Inc. has a 52-week low of $40.00 and a 52-week high of $80.17. The firm has a market cap of $61.81 billion, a price-to-earnings ratio of 19.94, a price-to-earnings-growth ratio of 1.85 and a beta of 1.11. The company has a quick ratio of 1.36, a current ratio of 1.96 and a debt-to-equity ratio of 0.40.

NIKE (NYSE:NKE) last released its quarterly earnings results on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.09. NIKE had a net margin of 6.70% and a return on equity of 16.54%. The firm had revenue of $10.97 billion during the quarter, compared to the consensus estimate of $10.85 billion. During the same quarter in the prior year, the firm earned $0.14 EPS. The company’s revenue for the quarter was down 1.1% on a year-over-year basis. Equities analysts predict that NIKE, Inc. will post 1.74 EPS for the current fiscal year.

NIKE Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 3.9%. The ex-dividend date is Tuesday, September 1st. NIKE’s payout ratio is 78.47%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on NKE. Jefferies Financial Group lowered their price target on NIKE from $90.00 to $75.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Guggenheim reissued a “buy” rating and issued a $60.00 price objective (down from $74.00) on shares of NIKE in a research note on Wednesday, July 1st. JPMorgan Chase & Co. restated an “underweight” rating and issued a $40.00 price objective (down from $47.00) on shares of NIKE in a report on Tuesday, August 4th. Zacks Research cut shares of NIKE from a “hold” rating to a “strong sell” rating in a research note on Monday, June 1st. Finally, DZ Bank reaffirmed a “buy” rating on shares of NIKE in a report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eighteen have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, NIKE has a consensus rating of “Hold” and a consensus target price of $53.53.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE declared a quarterly dividend of $0.41 per share, payable October 1 to shareholders of record September 1. The annualized payout of $1.64 represents an approximately 3.9% yield and provides continued income support for investors. NIKE Declares $0.41 Quarterly Dividend
• Positive Sentiment: NIKE is emphasizing performance products, innovation, athlete engagement and sport-focused execution as part of its effort to restore longer-term growth. The strategy could help offset near-term demand weakness if product momentum improves. NIKE Bets on Performance Products
• Neutral Sentiment: Brokerages collectively maintain a “Hold” recommendation, suggesting analysts see limited near-term catalysts but that the stock’s depressed valuation may already reflect some of the company’s difficulties. Consensus Hold Recommendation
• Negative Sentiment: JPMorgan lowered its stance to “Sell” and reiterated an underweight view, citing a longer-than-expected turnaround. The downgrade adds pressure to the stock and signals concerns about weak demand and delayed earnings recovery. JPMorgan Cuts Nike to Sell
• Negative Sentiment: Investors continue to focus on NIKE’s China reset and planned U.S. store closures, which could weigh on near-term revenue, earnings and operating margins. Analysts have also questioned whether the shares remain expensive relative to fair value despite substantial declines during 2026. NIKE China Reset and Store Closures
• Negative Sentiment: NIKE’s CFO, COO and an executive vice president each sold shares at $41.60. Because all three transactions were executed under pre-arranged Rule 10b5-1 plans and represented relatively small reductions in ownership, the sales are a modest negative signal rather than evidence of discretionary insider selling. NIKE Insider Sale Filing

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Cornerstone Financial Management LLC acquired a new stake in NIKE during the fourth quarter worth about $26,000. Sankala Group LLC acquired a new position in NIKE in the 4th quarter valued at about $26,000. J.Safra Asset Management Corp acquired a new position in NIKE in the 4th quarter valued at about $29,000. Kemnay Advisory Services Inc. purchased a new stake in shares of NIKE in the 4th quarter valued at approximately $30,000. Finally, Scarborough Advisors LLC purchased a new stake in shares of NIKE in the 1st quarter valued at approximately $25,000. Institutional investors and hedge funds 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).