NIKE (NYSE:NKE) EVP Philip Mccartney Sells 524 Shares of Stock

NIKE, Inc. (NYSE:NKE) EVP Philip Mccartney sold 524 shares of the business’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $41.60, for a total value of $21,798.40. Following the transaction, the executive vice president owned 52,115 shares in the company, valued at $2,167,984. This represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Philip Mccartney also recently made the following trade(s):

• On Friday, June 12th, Philip Mccartney sold 17,398 shares of NIKE stock. The stock was sold at an average price of $46.18, for a total value of $803,439.64.

NIKE Price Performance

Shares of NYSE:NKE opened at $41.66 on Friday. NIKE, Inc. has a 1-year low of $40.00 and a 1-year high of $80.17. The firm has a market capitalization of $61.81 billion, a PE ratio of 19.94, a PEG ratio of 1.86 and a beta of 1.11. The business’s 50 day moving average is $43.18 and its 200-day moving average is $49.55. The company has a current ratio of 1.96, a quick ratio of 1.36 and a debt-to-equity ratio of 0.40.

NIKE (NYSE:NKE) last issued its earnings results on Tuesday, June 30th. The footwear maker reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.09. NIKE had a return on equity of 16.54% and a net margin of 6.70%.The business had revenue of $10.97 billion during the quarter, compared to analyst estimates of $10.85 billion. During the same period in the prior year, the company posted $0.14 earnings per share. NIKE’s revenue was down 1.1% on a year-over-year basis. Sell-side analysts predict that NIKE, Inc. will post 1.74 earnings per share for the current year.

NIKE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 1st. NIKE’s dividend payout ratio (DPR) is presently 78.47%.

Institutional Investors Weigh In On NIKE

A number of large investors have recently bought and sold shares of NKE. J. Stern & Co. LLP increased its stake in shares of NIKE by 49,010.4% in the fourth quarter. J. Stern & Co. LLP now owns 48,054,542 shares of the footwear maker’s stock valued at $3,061,555,000 after buying an additional 47,956,692 shares in the last quarter. Norges Bank bought a new stake in NIKE during the 4th quarter worth about $829,956,000. Harris Associates L P acquired a new stake in NIKE in the 2nd quarter valued at about $621,525,000. Capital World Investors raised its stake in shares of NIKE by 16.2% in the fourth quarter. Capital World Investors now owns 49,069,951 shares of the footwear maker’s stock worth $3,126,246,000 after acquiring an additional 6,830,938 shares during the last quarter. Finally, Jasper Ridge Partners L.P. raised its stake in shares of NIKE by 2,492.4% in the fourth quarter. Jasper Ridge Partners L.P. now owns 4,883,229 shares of the footwear maker’s stock worth $311,111,000 after acquiring an additional 4,694,859 shares during the last quarter. 64.25% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Telsey Advisory Group set a $47.00 price objective on NIKE and gave the company a “market perform” rating in a report on Wednesday, July 1st. Argus raised NIKE to a “strong-buy” rating in a research note on Wednesday, July 15th. Stifel Nicolaus set a $45.00 price target on NIKE and gave the company a “hold” rating in a research report on Wednesday, July 1st. BNP Paribas Exane reiterated an “underperform” rating on shares of NIKE in a research report on Wednesday, July 22nd. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $68.00 price objective (down from $72.00) on shares of NIKE in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eighteen have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, NIKE presently has a consensus rating of “Hold” and a consensus target price of $53.53.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE declared a quarterly dividend of $0.41 per share, payable October 1 to shareholders of record September 1. The annualized payout of $1.64 represents an approximately 3.9% yield and provides continued income support for investors. NIKE Declares $0.41 Quarterly Dividend
• Positive Sentiment: NIKE is emphasizing performance products, innovation, athlete engagement and sport-focused execution as part of its effort to restore longer-term growth. The strategy could help offset near-term demand weakness if product momentum improves. NIKE Bets on Performance Products
• Neutral Sentiment: Brokerages collectively maintain a “Hold” recommendation, suggesting analysts see limited near-term catalysts but that the stock’s depressed valuation may already reflect some of the company’s difficulties. Consensus Hold Recommendation
• Negative Sentiment: JPMorgan lowered its stance to “Sell” and reiterated an underweight view, citing a longer-than-expected turnaround. The downgrade adds pressure to the stock and signals concerns about weak demand and delayed earnings recovery. JPMorgan Cuts Nike to Sell
• Negative Sentiment: Investors continue to focus on NIKE’s China reset and planned U.S. store closures, which could weigh on near-term revenue, earnings and operating margins. Analysts have also questioned whether the shares remain expensive relative to fair value despite substantial declines during 2026. NIKE China Reset and Store Closures
• Negative Sentiment: NIKE’s CFO, COO and an executive vice president each sold shares at $41.60. Because all three transactions were executed under pre-arranged Rule 10b5-1 plans and represented relatively small reductions in ownership, the sales are a modest negative signal rather than evidence of discretionary insider selling. NIKE Insider Sale Filing

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).