NIKE, Inc. $NKE Shares Sold by Compass Wealth Management LLC

Compass Wealth Management LLC decreased its stake in shares of NIKE, Inc. (NYSE:NKE) by 91.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,663 shares of the footwear maker’s stock after selling 17,309 shares during the period. Compass Wealth Management LLC’s holdings in NIKE were worth $116,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Exchange Traded Concepts LLC raised its position in shares of NIKE by 697.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 228,889 shares of the footwear maker’s stock worth $15,960,000 after purchasing an additional 200,187 shares during the period. Soros Fund Management LLC grew its stake in NIKE by 33.0% during the 2nd quarter. Soros Fund Management LLC now owns 302,320 shares of the footwear maker’s stock worth $21,477,000 after buying an additional 75,000 shares during the last quarter. Brighton Jones LLC increased its position in NIKE by 54.6% in the third quarter. Brighton Jones LLC now owns 104,791 shares of the footwear maker’s stock worth $7,307,000 after buying an additional 37,019 shares during the period. Soltis Investment Advisors LLC lifted its stake in NIKE by 238.8% in the second quarter. Soltis Investment Advisors LLC now owns 141,356 shares of the footwear maker’s stock valued at $10,042,000 after buying an additional 99,638 shares during the last quarter. Finally, Banco Santander S.A. lifted its stake in NIKE by 28.3% in the second quarter. Banco Santander S.A. now owns 221,117 shares of the footwear maker’s stock valued at $15,708,000 after buying an additional 48,764 shares during the last quarter. 64.25% of the stock is owned by institutional investors.

NIKE Stock Down 2.9%

NKE opened at $63.11 on Wednesday. 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 company has a market capitalization of $93.42 billion, a PE ratio of 37.12, a P/E/G ratio of 3.38 and a beta of 1.28. The stock’s fifty day moving average is $63.97 and its 200-day moving average is $68.86. NIKE, Inc. has a one year low of $52.28 and a one year high of $82.44.

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 business had revenue of $12.43 billion during the quarter, compared to analysts’ expectations of $12.19 billion. During the same quarter last year, the business posted $0.78 earnings per share. The company’s quarterly revenue was up .6% on a year-over-year basis. On average, equities analysts predict 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 was paid on Friday, January 2nd. Investors of record on Monday, December 1st were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, December 1st. This is an increase from NIKE’s previous quarterly dividend of $0.40. NIKE’s payout ratio is presently 96.47%.

Insiders Place Their Bets

In related news, Director Robert Holmes Swan acquired 8,691 shares of the business’s stock in a transaction dated Monday, December 22nd. The stock was bought at an average price of $57.54 per share, for a total transaction of $500,080.14. Following the transaction, the director owned 43,293 shares of the company’s stock, valued at approximately $2,491,079.22. The trade was a 25.12% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Mark G. Parker sold 86,078 shares of the firm’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $64.80, for a total value of $5,577,854.40. Following the sale, the chairman directly owned 647,615 shares of the company’s stock, valued at approximately $41,965,452. This represents a 11.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders purchased 91,229 shares of company stock worth $5,452,640. Company insiders own 0.80% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on NKE. Sanford C. Bernstein reaffirmed a “buy” rating and issued a $85.00 price objective on shares of NIKE in a report on Tuesday, January 6th. Telsey Advisory Group decreased their target price on shares of NIKE from $75.00 to $72.00 and set a “market perform” rating for the company in a research report on Friday, December 19th. Raymond James Financial reaffirmed a “market perform” rating on shares of NIKE in a report on Monday, December 15th. Daiwa Capital Markets reduced their price target on NIKE from $75.00 to $61.00 in a research report on Tuesday, December 23rd. Finally, BNP Paribas Exane lowered their price target on NIKE from $38.00 to $35.00 and set an “underperform” rating on the stock in a report on Friday, December 19th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, NIKE presently has an average rating of “Moderate Buy” and a consensus price target of $74.65.

Key NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: BTIG reaffirmed a “buy” on NKE and set a $100 price target, signaling strong upside from current levels and giving investors a reason to view recent weakness as a buying opportunity. Benzinga: BTIG buy rating
• Positive Sentiment: Insider/management buying highlighted in commentary (Fool) — Nike’s CEO has been buying shares, which investors often see as a vote of confidence in the turnaround. Nike Stock Is Down, but Is It a Buy?
• Neutral Sentiment: Longer-term debate over relative value persists — several write-ups compare Nike to peers (Adidas) and weigh valuation vs. growth, leaving investors to decide if the pullback offers a durable value entry. ADDYY or NKE: Which Is the Better Value Stock Right Now?
• Neutral Sentiment: Some analysts note top-line stabilization but mixed segment trends — commentators say Nike’s revenue has steadied but certain regions/products still lag, making the recovery uneven. Down More Than 50% in 3 Years, Is Now Finally the Time to Buy Nike Stock?
• Negative Sentiment: Nike announced plans to cut ~775 U.S. distribution jobs to accelerate automation and improve margins — the move reduces costs but raises near-term execution and reputational risks; it’s a key reason for today’s negative sentiment. Nike to cut 775 jobs in US distribution centers, CNBC reports
• Negative Sentiment: Nike is investigating claims by a ransomware group that it leaked 1.4 TB of company data — a potential breach raises legal, operational and brand risks; uncertainty around scope likely weighed on the stock. Nike says it is investigating possible data breach
• Negative Sentiment: Demand headwinds in China and softer digital traffic are testing Nike’s two major growth engines, raising questions about the pace of the turnaround and near-term revenue recovery. Can NIKE Regain Its Stride as China and Digital Momentum Falter?
• Negative Sentiment: Market reports and wire coverage note the stock fell on the session as these operational and security concerns outweighed the positive notes. Nike (NKE) Stock Sinks As Market Gains: Here’s Why

NIKE 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).