NIKE (NYSE:NKE) Stock Price Up 2.9% Following Insider Buying Activity

NIKE, Inc. (NYSE:NKE) rose 2.9% during trading on Wednesday following insider buying activity. The stock traded as high as $45.90 and last traded at $45.4760. Approximately 31,239,868 shares were traded during mid-day trading, an increase of 61% from the average daily volume of 19,360,576 shares. The stock had previously closed at $44.20.

Specifically, Director Timothy D. Cook purchased 25,000 shares of the stock in a transaction on Friday, April 10th. The stock was acquired at an average price of $42.43 per share, with a total value of $1,060,750.00. Following the transaction, the director directly owned 130,480 shares of the company’s stock, valued at approximately $5,536,266.40. This trade represents a 23.70% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Elliott Hill purchased 23,660 shares of the stock in a transaction on Monday, April 13th. The shares were acquired at an average cost of $42.27 per share, with a total value of $1,000,108.20. Following the transaction, the chief executive officer directly owned 265,247 shares in the company, valued at $11,211,990.69. The trade was a 9.79% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In other NIKE news, Director John W. Rogers, Jr. purchased 4,000 shares of the stock in a transaction on Thursday, April 9th. The stock was acquired at an average price of $43.34 per share, with a total value of $173,360.00. Following the transaction, the director directly owned 41,022 shares of the company’s stock, valued at approximately $1,777,893.48. This trade represents a 10.80% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Wall Street Analysts Forecast Growth

NKE has been the subject of a number of recent analyst reports. Oppenheimer reaffirmed an “outperform” rating on shares of NIKE in a research report on Wednesday, December 17th. HSBC lowered shares of NIKE from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $90.00 to $48.00 in a report on Monday. DZ Bank restated a “buy” rating on shares of NIKE in a report on Thursday, April 2nd. JPMorgan Chase & Co. restated a “neutral” rating on shares of NIKE in a report on Monday. Finally, Sanford C. Bernstein restated a “buy” rating on shares of NIKE in a report on Wednesday, April 1st. Seventeen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $62.34.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Large insider buys from CEO Elliott Hill (~23,660 shares) and Board Director Tim Cook (~25,000 shares) signaled management confidence and likely supported buying interest. Read More. Read More.
• Positive Sentiment: Unusual call-option volume (large purchases of near‑term calls) points to bullish speculative positioning that can amplify intraday upside. Read More.
• Positive Sentiment: Brand strength among younger consumers (surveys showing Nike as the top U.S. teen brand) provides a demand narrative that supports a longer-term turnaround thesis. Read More.
• Neutral Sentiment: Nike is shifting mix toward wholesale as digital sales soften — this could stabilize margins if wholesale execution is strong, but it raises near‑term top‑line uncertainty. Read More.
• Neutral Sentiment: Shelf registration for up to $2.332B in Class B shares (ESOP-related) is on file — worth monitoring for timing and any supply impact, though not an immediate dilution event. Read More.
• Negative Sentiment: Analyst downgrades and price‑target cuts (HSBC, Piper Sandler and others) and Zacks lowering near‑term EPS estimates increase selling pressure by highlighting execution, margin and macro risks. Read More. Read More.
• Negative Sentiment: Persisting bear narratives — delayed turnaround, China weakness, tariff headwinds and critical media/commentary — keep traction until clearer sales or margin inflection appears. Read More.

NIKE Stock Performance

The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50. The company’s 50 day moving average is $55.36 and its 200-day moving average is $61.60. The company has a market capitalization of $67.34 billion, a P/E ratio of 30.12, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31.

NIKE (NYSE:NKE) last issued its quarterly earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.06. The company had revenue of $11.28 billion during the quarter, compared to analyst estimates of $11.23 billion. NIKE had a net margin of 4.84% and a return on equity of 16.41%. NIKE’s quarterly revenue was up .1% compared to the same quarter last year. During the same period last year, the business earned $0.54 EPS. Equities analysts anticipate that NIKE, Inc. will post 2.05 EPS for the current fiscal year.

NIKE Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Monday, March 2nd were given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd. NIKE’s dividend payout ratio (DPR) is 108.61%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cornerstone Financial Management LLC bought a new position in NIKE during the 4th quarter valued at approximately $26,000. Sankala Group LLC bought a new position in NIKE during the 4th quarter valued at approximately $26,000. J.Safra Asset Management Corp bought a new position in NIKE during the 4th quarter valued at approximately $29,000. Kemnay Advisory Services Inc. bought a new position in NIKE during the 4th quarter valued at approximately $30,000. Finally, Guerra Advisors Inc bought a new position in NIKE during the 3rd quarter valued at approximately $34,000. Institutional investors own 64.25% 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).