Cache Advisors LLC Trims Stock Position in NIKE, Inc. $NKE

Cache Advisors LLC lowered its position in shares of NIKE, Inc. (NYSE:NKE) by 92.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,977 shares of the footwear maker’s stock after selling 74,721 shares during the period. Cache Advisors LLC’s holdings in NIKE were worth $381,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of NKE. Brighton Jones LLC grew its stake in NIKE by 388.5% in the 4th quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker’s stock worth $15,316,000 after buying an additional 160,980 shares in the last quarter. Caxton Associates LLP purchased a new position in NIKE in the 1st quarter worth approximately $311,000. United Bank grew its stake in NIKE by 11.3% in the 2nd quarter. United Bank now owns 17,067 shares of the footwear maker’s stock worth $1,212,000 after buying an additional 1,736 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in NIKE by 410.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 132,942 shares of the footwear maker’s stock worth $9,444,000 after buying an additional 106,891 shares in the last quarter. Finally, Federated Hermes Inc. grew its stake in NIKE by 113.9% in the 2nd quarter. Federated Hermes Inc. now owns 235,468 shares of the footwear maker’s stock worth $16,728,000 after buying an additional 125,388 shares in the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Insider Transactions at NIKE

In other NIKE news, Director Robert Holmes Swan acquired 11,781 shares of the stock in a transaction dated Tuesday, April 7th. The shares were purchased at an average price of $42.44 per share, for a total transaction of $499,985.64. Following the purchase, the director directly owned 55,074 shares of the company’s stock, valued at approximately $2,337,340.56. This trade represents a 27.21% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.80% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on NKE. DA Davidson lowered shares of NIKE from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $72.00 to $46.00 in a report on Thursday, April 2nd. Needham & Company LLC lowered shares of NIKE from a “buy” rating to a “hold” rating in a report on Thursday, January 8th. Stifel Nicolaus lowered their price objective on shares of NIKE from $65.00 to $56.00 and set a “hold” rating for the company in a report on Wednesday, April 1st. BNP Paribas Exane lowered their price objective on shares of NIKE from $35.00 to $23.00 and set an “underperform” rating for the company in a report on Wednesday, April 1st. Finally, Telsey Advisory Group lowered their price objective on shares of NIKE from $65.00 to $55.00 and set a “market perform” rating for the company in a report on Wednesday, April 1st. Nineteen research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, NIKE presently has an average rating of “Hold” and a consensus target price of $63.25.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Company director Robert Holmes Swan bought 11,781 shares at about $42.44, increasing his stake ~27% — an insider purchase that can be read as confidence in the share-price floor. Insider Purchase Filing
• Positive Sentiment: Technicals look deeply oversold (RSI in the late teens); analysts including Guggenheim say a tactical rebound is reasonable, which can attract short‑term dip buyers. Nike Stock Is Deeply Oversold
• Positive Sentiment: Falling share price has pushed Nike’s dividend yield near ~4%, making the stock more attractive to income investors despite operational headwinds. Down 76% from high, Nike stock offers dividend yield of about 4%
• Neutral Sentiment: Analysts and coverage suggest specific price levels matter as Nike executes a strategy shift — useful tactical guidance for traders but not a clear directional catalyst. Watch These Nike Stock Price Levels
• Negative Sentiment: Recent earnings highlighted a lack of revenue growth (flat y/y) and continuing operational challenges — a core reason for the prolonged sell-off and deteriorating investor confidence. Nike Earnings Summary
• Negative Sentiment: Nike faces a nationwide class‑action lawsuit after a data breach, creating legal, remediation and reputational risk that could pressure valuation if damages or customer churn escalate. Nike Data Breach Lawsuit Adds Fresh Risk
• Negative Sentiment: Research houses trimmed expectations — CICC lowered NKE to Market Perform — and multiple outlets note the stock is down ~75%+ from its highs and at/near 52‑week lows, reinforcing negative momentum. Rating Lowered to Market Perform at CICC NKE hit 52-week lows

NIKE Stock Up 1.0%

NYSE:NKE opened at $43.12 on Thursday. The firm’s 50-day moving average price is $57.21 and its 200-day moving average price is $62.53. The company has a market capitalization of $63.84 billion, a PE ratio of 28.56, a P/E/G ratio of 2.34 and a beta of 1.31. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.14 and a quick ratio of 1.40. NIKE, Inc. has a 1-year low of $42.36 and a 1-year high of $80.17.

NIKE (NYSE:NKE) last announced its quarterly earnings data on Tuesday, March 31st. The footwear maker reported $0.35 EPS for the quarter, beating the consensus estimate of $0.29 by $0.06. NIKE had a net margin of 4.84% and a return on equity of 16.41%. The company had revenue of $11.28 billion for the quarter, compared to the consensus estimate of $11.23 billion. During the same period in the prior year, the firm posted $0.54 EPS. NIKE’s revenue for the quarter was up .1% 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 Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd were paid a dividend of $0.41 per share. The ex-dividend date was Monday, March 2nd. This represents a $1.64 annualized dividend and a yield of 3.8%. NIKE’s dividend payout ratio is currently 108.61%.

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).