Insider Buying: NIKE (NYSE:NKE) Director Buys $500,080.14 in Stock

NIKE, Inc. (NYSE:NKE) Director Robert Holmes Swan bought 8,691 shares of NIKE stock in a transaction dated Monday, December 22nd. The shares were purchased at an average cost of $57.54 per share, for a total transaction of $500,080.14. Following the completion of the transaction, the director owned 43,293 shares of the company’s stock, valued at approximately $2,491,079.22. This represents a 25.12% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

NIKE Stock Performance

NIKE stock opened at $60.08 on Friday. NIKE, Inc. has a 12-month low of $52.28 and a 12-month high of $82.44. 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 market capitalization of $88.80 billion, a price-to-earnings ratio of 35.34, a price-to-earnings-growth ratio of 2.57 and a beta of 1.29. The firm’s fifty day moving average price is $64.34 and its 200 day moving average price is $69.29.

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

NIKE Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Monday, December 1st will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, December 1st. This is a positive change from NIKE’s previous quarterly dividend of $0.40. NIKE’s dividend payout ratio is currently 96.47%.

Hedge Funds Weigh In On NIKE

A number of large investors have recently bought and sold shares of the business. AIA Group Ltd grew its holdings in shares of NIKE by 68.4% during the third quarter. AIA Group Ltd now owns 81,689 shares of the footwear maker’s stock valued at $5,696,000 after purchasing an additional 33,186 shares during the last quarter. FNY Investment Advisers LLC grew its stake in NIKE by 326.6% during the 3rd quarter. FNY Investment Advisers LLC now owns 7,893 shares of the footwear maker’s stock worth $550,000 after buying an additional 6,043 shares during the last quarter. Hudson Bay Capital Management LP increased its position in NIKE by 109.7% in the third quarter. Hudson Bay Capital Management LP now owns 28,797 shares of the footwear maker’s stock worth $2,008,000 after buying an additional 15,063 shares during the period. Painted Porch Advisors LLC increased its position in NIKE by 587.9% in the third quarter. Painted Porch Advisors LLC now owns 1,424 shares of the footwear maker’s stock worth $99,000 after buying an additional 1,217 shares during the period. Finally, Saranac Partners Ltd bought a new stake in NIKE in the third quarter valued at $567,000. Institutional investors own 64.25% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Jefferies Financial Group restated a “buy” rating and issued a $115.00 price target on shares of NIKE in a research note on Friday, December 12th. KeyCorp set a $90.00 price objective on shares of NIKE and gave the stock an “overweight” rating in a report on Thursday, October 2nd. Argus cut their target price on shares of NIKE from $85.00 to $70.00 in a research note on Tuesday. Barclays set a $64.00 price target on shares of NIKE and gave the stock an “equal weight” rating in a research report on Friday, December 19th. Finally, Needham & Company LLC lowered their price objective on NIKE from $78.00 to $68.00 and set a “buy” rating for the company in a report on Friday, December 19th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $75.84.

Key Stores Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Apple CEO/director Timothy Cook doubled his personal stake (~50,000 shares, ~$2.9M), a high‑visibility insider buy that lifted investor confidence and helped spark the rally. Tim Cook purchase
• Positive Sentiment: Another director, Robert Holmes Swan, also bought ~8,691 shares (~$500k), adding to the insider accumulation narrative that supports near‑term sentiment. Holmes Swan Form 4
• Positive Sentiment: Unusual call‑option activity showed traders positioning for upside, magnifying the short‑term lift in the stock. Options flow story
• Neutral Sentiment: Analyst consensus remains a “Moderate Buy” with mixed price targets; some firms reiterate constructive long‑term views while others are more cautious — useful context but not decisive by itself. Analyst consensus
• Negative Sentiment: Several analysts trimmed price targets (Argus cut to $70; Daiwa to $61), reflecting concerns about near‑term growth and margins and putting downward pressure on valuation expectations. Argus PT cut Daiwa PT cut
• Negative Sentiment: Analyst/industry writeups warn of persistent margin compression, China demand weakness and a high payout ratio — themes that drove the earlier post‑earnings selloff and limit near‑term upside. Margin concerns analysis
• Negative Sentiment: Operational hiccups (e.g., a trademark snag around a nostalgia product critical to World Cup plans) add execution risk for key seasonal initiatives. WSJ trademark hitch

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).