Elliott Hill Acquires 23,660 Shares of NIKE (NYSE:NKE) Stock

NIKE, Inc. (NYSE:NKE) CEO Elliott Hill bought 23,660 shares of the company’s stock in a transaction dated Monday, April 13th. The stock was acquired at an average price of $42.27 per share, for a total transaction of $1,000,108.20. Following the acquisition, the chief executive officer directly owned 265,247 shares in the company, valued at $11,211,990.69. This trade represents a 9.79% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

NIKE Price Performance

Shares of NKE opened at $45.48 on Thursday. The company has a market capitalization of $67.34 billion, a price-to-earnings ratio of 30.12, a P/E/G ratio of 2.34 and a beta of 1.31. NIKE, Inc. has a fifty-two week low of $42.09 and a fifty-two week high of $80.17. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.14 and a quick ratio of 1.45. The business’s 50-day moving average is $55.36 and its 200-day moving average is $61.60.

NIKE (NYSE:NKE) last issued its earnings results 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 company had revenue of $11.28 billion for the quarter, compared to the consensus estimate of $11.23 billion. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The firm’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.54 EPS. Equities research analysts expect that NIKE, Inc. will post 2.05 EPS for the current fiscal year.

NIKE Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Monday, March 2nd were paid a $0.41 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.64 annualized dividend and a dividend yield of 3.6%. NIKE’s payout ratio is presently 108.61%.

Wall Street Analyst Weigh In

Several brokerages recently commented on NKE. The Goldman Sachs Group reissued a “neutral” rating and issued a $52.00 price target (down from $76.00) on shares of NIKE in a research note on Wednesday, April 1st. Citigroup lowered their price target on NIKE from $65.00 to $53.00 and set a “neutral” rating for the company in a research note on Wednesday, April 1st. Evercore lowered their price target on NIKE from $69.00 to $57.00 and set an “outperform” rating for the company in a research note on Wednesday, April 1st. Stifel Nicolaus lowered their price target on NIKE from $65.00 to $56.00 and set a “hold” rating for the company in a research note on Wednesday, April 1st. Finally, Truist Financial lowered their price target on NIKE from $69.00 to $57.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Seventeen research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $62.34.

More NIKE News

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.

Institutional Investors Weigh In On NIKE

Large investors have recently added to or reduced their stakes in the stock. Cornerstone Financial Management LLC bought a new stake in NIKE during the fourth quarter worth approximately $26,000. Sankala Group LLC bought a new stake in NIKE during the fourth quarter worth approximately $26,000. J.Safra Asset Management Corp bought a new stake in NIKE during the fourth quarter worth approximately $29,000. Kemnay Advisory Services Inc. bought a new stake in NIKE during the fourth quarter worth approximately $30,000. Finally, Litman Gregory Wealth Management LLC bought a new stake in NIKE during the fourth quarter worth approximately $32,000. 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).