Timothy Cook Purchases 25,000 Shares of NIKE (NYSE:NKE) Stock

NIKE, Inc. (NYSE:NKE) Director Timothy Cook purchased 25,000 shares of the business’s 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 purchase, the director directly owned 130,480 shares in the company, valued at $5,536,266.40. This represents a 23.70% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

NIKE Trading Up 2.9%

Shares of NKE stock opened at $45.48 on Thursday. The firm has a market capitalization of $67.34 billion, a PE ratio of 30.12, a PEG ratio of 2.34 and a beta of 1.31. The stock has a fifty day simple moving average of $55.36 and a two-hundred day simple moving average of $61.60. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.45 and a current ratio of 2.14. NIKE, Inc. has a 52-week low of $42.09 and a 52-week high of $80.17.

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

NIKE Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Brighton Jones LLC lifted its stake in NIKE by 388.5% in the fourth quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker’s stock worth $15,316,000 after purchasing an additional 160,980 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of NIKE during the first quarter valued at approximately $311,000. United Bank boosted its position in shares of NIKE by 11.3% during the second quarter. United Bank now owns 17,067 shares of the footwear maker’s stock valued at $1,212,000 after buying an additional 1,736 shares during the period. NewEdge Advisors LLC boosted its position in shares of NIKE by 0.3% during the second quarter. NewEdge Advisors LLC now owns 64,161 shares of the footwear maker’s stock valued at $4,558,000 after buying an additional 197 shares during the period. Finally, CIBC Asset Management Inc boosted its position in shares of NIKE by 6.5% during the second quarter. CIBC Asset Management Inc now owns 191,268 shares of the footwear maker’s stock valued at $13,588,000 after buying an additional 11,646 shares during the period. Institutional investors own 64.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on NKE shares. Telsey Advisory Group cut their price objective on NIKE from $65.00 to $55.00 and set a “market perform” rating for the company in a research report on Wednesday, April 1st. CICC Research lowered NIKE from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $69.00 to $58.00 in a research report on Monday, April 6th. Truist Financial lowered their price target on shares of NIKE from $69.00 to $57.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Sanford C. Bernstein reaffirmed a “buy” rating on shares of NIKE in a report on Wednesday, April 1st. Finally, Wells Fargo & Company lowered their price target on shares of NIKE from $65.00 to $55.00 and set an “overweight” rating for the company in a report on Wednesday, April 1st. Seventeen investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $62.34.

Key Stories Impacting NIKE

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 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).