Assenagon Asset Management S.A. Sells 322,204 Shares of NIKE, Inc. $NKE

Assenagon Asset Management S.A. decreased its holdings in shares of NIKE, Inc. (NYSE:NKE) by 52.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 292,837 shares of the footwear maker’s stock after selling 322,204 shares during the quarter. Assenagon Asset Management S.A.’s holdings in NIKE were worth $18,657,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of NKE. Twin Peaks Wealth Advisors LLC bought a new stake in shares of NIKE during the 2nd quarter worth about $31,000. Guerra Advisors Inc bought a new position in NIKE in the 3rd quarter valued at about $34,000. Gordian Capital Singapore Pte Ltd acquired a new stake in NIKE during the third quarter worth approximately $35,000. Accredited Wealth Management LLC lifted its position in NIKE by 268.6% during the third quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker’s stock worth $36,000 after acquiring an additional 376 shares during the last quarter. Finally, Strive Asset Management LLC bought a new stake in shares of NIKE during the third quarter worth approximately $40,000. 64.25% of the stock is currently owned by institutional investors and hedge funds.

NIKE Trading Down 1.8%

Shares of NYSE:NKE opened at $52.03 on Friday. The business’s 50 day simple moving average is $60.42 and its 200 day simple moving average is $64.26. NIKE, Inc. has a 1 year low of $51.87 and a 1 year high of $80.17. 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 $77.02 billion, a P/E ratio of 30.61, a P/E/G ratio of 2.79 and a beta of 1.27.

NIKE Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 2nd will be given a $0.41 dividend. The ex-dividend date is Monday, March 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.2%. NIKE’s dividend payout ratio (DPR) is presently 96.47%.

Insider Activity at NIKE

In related news, CEO Elliott Hill purchased 16,388 shares of the company’s stock in a transaction that occurred on Monday, December 29th. The stock was acquired at an average price of $61.10 per share, with a total value of $1,001,306.80. Following the completion of the purchase, the chief executive officer directly owned 241,587 shares in the company, valued at $14,760,965.70. This trade represents a 7.28% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on NKE shares. Oppenheimer reaffirmed an “outperform” rating on shares of NIKE in a research report on Wednesday, December 17th. Argus reduced their price target on NIKE from $85.00 to $70.00 in a research note on Tuesday, December 23rd. Jefferies Financial Group reaffirmed a “buy” rating on shares of NIKE in a report on Thursday, March 12th. DZ Bank reiterated a “buy” rating on shares of NIKE in a research report on Friday, December 19th. Finally, Weiss Ratings raised NIKE from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 12th. Twenty-two equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $73.20.

Key Stories Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Seeking Alpha highlights the turnaround is working — Q2 FY2026 EPS beat by 43%, strong running category growth and expectations that margin pressures are temporary; the note carries a $85 price target and Strong Buy view. Nike At 5-Year Lows: Why The Turnaround Is Already Working
• Positive Sentiment: Zacks argues Nike has the mix of factors that increase the likelihood of an earnings beat given its surprise history — this supports upside risk into the print. Will Nike (NKE) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Bank of America reiterates a Buy and cites improving North America execution and potential tailwinds (World Cup product cycle) that could lift results despite global headwinds. Nike gaining traction in North America ahead of Q3 earnings, Bank of America says
• Neutral Sentiment: Zacks and other previews compile Wall Street estimates and key metrics to watch in the Q3 release (revenue mix, margins, China trends); these previews help set expectations but are not new catalysts. Stay Ahead of the Game With Nike (NKE) Q3 Earnings
• Neutral Sentiment: General earnings-prep pieces and trending-stock coverage note heavy investor attention ahead of the print; useful for sentiment context but not direct drivers. NIKE, Inc. (NKE) Is a Trending Stock
• Negative Sentiment: Telsey Advisory cut its price target to $65 and moved to Market Perform, signaling less near-term upside and contributing to weak sentiment. Telsey Advisory price target cut
• Negative Sentiment: Analysts and previews (Benzinga/Yahoo) warn of a Q3 sales decline and ~200bps gross-margin contraction driven by China softness, tariffs and inventory actions — these are the main near-term earnings risks. Nike Q3 Preview: Gross Margin Contract
• Negative Sentiment: Erste trimmed FY2026 EPS slightly; separate reports note bearish outlooks from institutions (Deutsche Bank commentary), adding to sell-side caution. Erste Group estimate cut / MarketBeat summary

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).