Paragon Private Wealth Management LLC Makes New $569,000 Investment in NIKE, Inc. $NKE

Paragon Private Wealth Management LLC bought a new position in shares of NIKE, Inc. (NYSE:NKE) in the third quarter, Holdings Channel reports. The fund bought 8,155 shares of the footwear maker’s stock, valued at approximately $569,000.

A number of other hedge funds have also bought and sold shares of the business. Kornitzer Capital Management Inc. KS raised its stake in NIKE by 1.7% in the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 27,184 shares of the footwear maker’s stock worth $1,896,000 after purchasing an additional 460 shares in the last quarter. CFS Investment Advisory Services LLC increased its holdings in shares of NIKE by 11.7% during the third quarter. CFS Investment Advisory Services LLC now owns 3,965 shares of the footwear maker’s stock worth $274,000 after purchasing an additional 415 shares during the period. National Wealth Management Group LLC acquired a new stake in shares of NIKE in the third quarter valued at approximately $635,000. Vanguard Personalized Indexing Management LLC boosted its stake in shares of NIKE by 12.6% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 126,814 shares of the footwear maker’s stock valued at $8,844,000 after buying an additional 14,151 shares during the period. Finally, Tufton Capital Management grew its position in NIKE by 3.8% during the third quarter. Tufton Capital Management now owns 83,494 shares of the footwear maker’s stock worth $5,822,000 after buying an additional 3,077 shares in the last quarter. 64.25% of the stock is owned by institutional investors.

Analysts Set New Price Targets

NKE has been the subject of a number of recent analyst reports. Royal Bank Of Canada reiterated a “buy” rating on shares of NIKE in a research report on Wednesday, January 21st. Oppenheimer reaffirmed an “outperform” rating on shares of NIKE in a research report on Wednesday, December 17th. Needham & Company LLC lowered shares of NIKE from a “buy” rating to a “hold” rating in a report on Thursday, January 8th. Raymond James Financial restated a “market perform” rating on shares of NIKE in a research report on Monday, December 15th. Finally, JPMorgan Chase & Co. reduced their price target on shares of NIKE from $100.00 to $86.00 and set a “buy” rating on the stock in a research report on Monday, November 17th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $74.65.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: BTIG reaffirmed a “buy” rating and a $100 price target, a bullish analyst signal that supports longer‑term upside expectations. NIKE BTIG Buy Rating
• Positive Sentiment: Management/insider buying and commentary in recent analysis highlight that leadership is backing the turnaround and cost actions, which can reassure investors focused on capital allocation. Nike Stock Is Down, but Is It a Buy?
• Neutral Sentiment: Valuation and peer comparisons (Adidas vs. Nike) are drawing investor attention — some see value after the pullback, but the case depends on recovery in key regions and digital. ADDYY or NKE: Which Is the Better Value Stock Right Now?
• Negative Sentiment: NIKE announced plans to cut roughly 775 U.S. distribution jobs as it accelerates automation — a near‑term cost save but a headline that pressures sentiment and raises transitional execution risk. Nike Cuts 775 Distribution Jobs as Automation Accelerates
• Negative Sentiment: Separately, Nike is investigating claims of a large ransomware/data leak; any confirmed breach could cause operational, legal and reputational costs. Nike says it is investigating possible data breach
• Negative Sentiment: Analysts flag that China demand is uneven and digital momentum has softened; these are two of Nike’s primary growth engines, so sustained weakness would hurt top‑line recovery. Can NIKE Regain Its Stride as China and Digital Momentum Falter?
• Negative Sentiment: Market commentary and note flow point to the stock trading down amid broader market gains, with short‑term selling pressure linked to the news above. Nike (NKE) Stock Sinks As Market Gains: Here’s Why

NIKE Price Performance

NKE stock opened at $63.11 on Wednesday. The stock has a market cap of $93.42 billion, a price-to-earnings ratio of 37.12, a P/E/G ratio of 3.38 and a beta of 1.28. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.06 and a quick ratio of 1.40. The company has a 50 day simple moving average of $63.97 and a 200 day simple moving average of $68.86. NIKE, Inc. has a 1 year low of $52.28 and a 1 year high of $82.44.

NIKE (NYSE:NKE) last issued its earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.16. The firm had revenue of $12.43 billion for the quarter, compared to analyst estimates 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 business posted $0.78 earnings per share. Research analysts anticipate that NIKE, Inc. will post 2.05 EPS for the current fiscal year.

NIKE Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 1st were given a dividend of $0.41 per share. The ex-dividend date was Monday, December 1st. This represents a $1.64 dividend on an annualized basis and a yield of 2.6%. This is an increase from NIKE’s previous quarterly dividend of $0.40. NIKE’s dividend payout ratio is presently 96.47%.

Insiders Place Their Bets

In other news, Director Jorgen Vig Knudstorp acquired 16,150 shares of the stock in a transaction dated Friday, November 7th. The stock was bought at an average price of $62.09 per share, with a total value of $1,002,753.50. Following the completion of the purchase, the director directly owned 21,388 shares of the company’s stock, valued at $1,327,980.92. This represents a 308.32% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Mark G. Parker sold 86,078 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $64.80, for a total transaction of $5,577,854.40. Following the completion of the transaction, the chairman owned 647,615 shares of the company’s stock, valued at approximately $41,965,452. This trade represents a 11.73% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have acquired 91,229 shares of company stock worth $5,452,640. Company insiders own 0.80% 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).