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

NIKE, Inc. (NYSE:NKE) Director Timothy Cook purchased 50,000 shares of the stock in a transaction dated Monday, December 22nd. The shares were purchased at an average price of $58.97 per share, with a total value of $2,948,500.00. Following the completion of the acquisition, the director owned 105,480 shares of the company’s stock, valued at approximately $6,220,155.60. This represents a 90.12% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

NIKE Stock Performance

NYSE:NKE opened at $60.08 on Thursday. 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 firm has a market cap of $88.80 billion, a PE ratio of 35.34, a P/E/G ratio of 2.45 and a beta of 1.29. The firm has a 50 day simple moving average of $64.48 and a 200-day simple moving average of $69.35. NIKE, Inc. has a 1-year low of $52.28 and a 1-year high of $82.44.

NIKE (NYSE:NKE) last released its earnings results 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 firm had revenue of $12.43 billion during the quarter, compared to analysts’ expectations of $12.19 billion. NIKE had a net margin of 5.43% and a return on equity of 18.43%. NIKE’s revenue for the quarter was up .6% on a year-over-year basis. During the same period in the previous year, the company earned $0.78 EPS. On average, equities analysts expect that NIKE, Inc. will post 2.05 EPS for the current year.

NIKE Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Monday, December 1st will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.7%. This is a boost from NIKE’s previous quarterly dividend of $0.40. The ex-dividend date is Monday, December 1st. NIKE’s dividend payout ratio (DPR) is currently 96.47%.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Apple CEO and Nike director Timothy D. Cook substantially increased his personal stake (50,000 shares, roughly $2.95M), a high‑profile insider buy that traders interpret as a vote of confidence. Read More.
• Positive Sentiment: Another director, Robert Holmes Swan, also purchased shares (~8,691 shares, ~$500k), reinforcing the insider accumulation narrative that’s buoying sentiment. Read More.
• Positive Sentiment: Unusually large call‑option volume points to speculative/hedged bullish positioning into the move, amplifying upward pressure in the short term. Read More.
• Neutral Sentiment: Wall Street coverage remains mixed-to-supportive: several buy/overweight ratings and mid‑range price targets exist, but consensus targets sit below earlier highs — useful context for medium‑term holders. Read More.
• Neutral Sentiment: Technically the stock is deeply oversold (RSI readings flagged by market pieces), which can attract bargain hunters even as fundamentals are reassessed. Read More.
• Negative Sentiment: Recent earnings beat was overshadowed by weak outlook items: China demand softness, tariff pressures and margin compression have driven the recent selloff and weigh on near‑term earnings visibility. Read More.
• Negative Sentiment: Analyst downgrades and commentary about margin deterioration and high payout ratios increase downside risk until the turnaround shows sustained improvement. Read More.

Hedge Funds Weigh In On NIKE

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Morgan Stanley set a $72.00 price objective on shares of NIKE and gave the company a “positive” rating in a research note on Wednesday, October 1st. Berenberg Bank reaffirmed a “neutral” rating and set a $70.00 price target on shares of NIKE in a research report on Friday, December 19th. Barclays set a $64.00 price target on shares of NIKE and gave the stock an “equal weight” rating in a research note on Friday, December 19th. Truist Financial set a $70.00 price objective on shares of NIKE and gave the company a “buy” rating in a research note on Friday, December 19th. Finally, Wall Street Zen upgraded NIKE from a “sell” rating to a “hold” rating in a report on Saturday, September 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $78.14.

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).