NIKE, Inc. $NKE Shares Sold by BNP Paribas

BNP Paribas decreased its stake in NIKE, Inc. (NYSE:NKE) by 34.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,255 shares of the footwear maker’s stock after selling 14,086 shares during the quarter. BNP Paribas’ holdings in NIKE were worth $1,829,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in NIKE by 1.3% in the third quarter. Vanguard Group Inc. now owns 115,291,199 shares of the footwear maker’s stock valued at $8,039,255,000 after acquiring an additional 1,467,414 shares during the period. State Street Corp grew its stake in shares of NIKE by 2.8% during the 2nd quarter. State Street Corp now owns 59,154,159 shares of the footwear maker’s stock worth $4,225,441,000 after purchasing an additional 1,590,603 shares during the period. Capital World Investors grew its stake in shares of NIKE by 0.7% during the 3rd quarter. Capital World Investors now owns 42,239,013 shares of the footwear maker’s stock worth $2,945,326,000 after purchasing an additional 286,615 shares during the period. Invesco Ltd. increased its holdings in shares of NIKE by 3.3% during the 3rd quarter. Invesco Ltd. now owns 12,561,334 shares of the footwear maker’s stock valued at $875,902,000 after purchasing an additional 404,136 shares in the last quarter. Finally, Jennison Associates LLC lifted its stake in shares of NIKE by 42.3% in the 3rd quarter. Jennison Associates LLC now owns 11,838,528 shares of the footwear maker’s stock valued at $825,501,000 after purchasing an additional 3,518,666 shares during the period. 64.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. UBS Group reissued a “neutral” rating on shares of NIKE in a report on Monday, January 5th. Argus cut their price objective on shares of NIKE from $85.00 to $70.00 in a report on Tuesday, December 23rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $78.00 price objective on shares of NIKE in a research report on Thursday, March 5th. Robert W. Baird lowered their target price on shares of NIKE from $93.00 to $85.00 and set an “outperform” rating on the stock in a research note on Friday, December 19th. Finally, Wells Fargo & Company set a $65.00 price target on NIKE and gave the company an “overweight” rating in a research note on Friday, December 19th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.90.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Barclays upgraded NKE to an Overweight, citing a clear North America recovery, stronger wholesale bookings, and a refreshed product pipeline that could drive margin recovery and re‑rating. This upgrade is the main bullish catalyst today. Barclays upgrades NIKE (NKE)
• Positive Sentiment: Multiple outlets (MarketBeat, TheStreet) amplified the Barclays call, highlighting improving North America sales, inventory cleanup and product momentum — factors that could support upside if execution continues. Just Buy It? Barclays Thinks Nike Is Ready to Run
• Neutral Sentiment: Nike promoted Cimarron Nix to chief sustainability officer, adding supply‑chain and labor expertise to management — a governance/ESG move that may help long‑term brand and operational resilience but is unlikely to move near‑term earnings. Can Nike’s New Sustainability Chief Reframe NKE’s Long-Term Competitive Edge Story?
• Negative Sentiment: Short‑term selling: recent coverage notes a bigger single‑day decline and extended multi‑month underperformance — investor skepticism persists despite the upgrade. That ongoing weakness is pressuring the stock. Nike (NKE) Registers a Bigger Fall Than the Market
• Negative Sentiment: Options market shows moderately bearish positioning and higher implied volatility, with elevated demand for downside protection — a signal that traders expect continued near‑term swings. Option traders moderately bearish in Nike
• Negative Sentiment: Bearish analyst/editorial pieces cite ongoing risks (China weakness, Converse reset, valuation concerns) and list reasons to sell — these narratives can keep downward pressure until clearer signs of global stabilization appear. 3 Reasons to Sell NKE

Insider Transactions at NIKE

In other NIKE news, Director Timothy D. Cook purchased 50,000 shares of the firm’s stock in a transaction dated Monday, December 22nd. The shares were purchased at an average cost of $58.97 per share, with a total value of $2,948,500.00. Following the completion of the purchase, the director owned 105,480 shares in the company, valued at approximately $6,220,155.60. This represents a 90.12% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Elliott Hill purchased 16,388 shares of the stock in a transaction that occurred on Monday, December 29th. The shares were acquired at an average price of $61.10 per share, for a total transaction of $1,001,306.80. Following the completion of the transaction, the chief executive officer directly owned 241,587 shares of the company’s stock, valued at $14,760,965.70. The trade was a 7.28% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 75,079 shares of company stock valued at $4,449,887 over the last 90 days. 0.80% of the stock is currently owned by corporate insiders.

NIKE Price Performance

Shares of NIKE stock opened at $54.00 on Monday. The stock has a market capitalization of $79.93 billion, a P/E ratio of 31.76, a PEG ratio of 2.76 and a beta of 1.27. The business has a 50 day simple moving average of $62.53 and a two-hundred day simple moving average of $65.52. NIKE, Inc. has a 12 month low of $52.28 and a 12 month 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.

NIKE (NYSE:NKE) last issued its quarterly earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.16. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The firm had revenue of $12.43 billion for the quarter, compared to analyst estimates of $12.19 billion. During the same period in the previous year, the company posted $0.78 earnings per share. The business’s revenue was up .6% on a year-over-year basis. As a group, analysts predict that NIKE, Inc. will post 2.05 EPS for the current fiscal year.

NIKE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Monday, March 2nd. NIKE’s payout ratio is 96.47%.

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).