Rep. Kevin Hern Sells Shares of NIKE, Inc. (NYSE:NKE)

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of NIKE, Inc. (NYSE:NKE). In a filing disclosed on September 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in NIKE stock on August 13th. The trade occurred in the Representative’s “KEVIN HERN TRADITIONAL IRA” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Home Depot (NYSE:HD) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Procter & Gamble (NYSE:PG) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Lowe’s Companies (NYSE:LOW) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/21/2026.
• Sold $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 8/21/2026.
• Sold $15,001 – $50,000 in shares of Honeywell Aerospace (NASDAQ:HONA) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Colgate-Palmolive (NYSE:CL) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 8/18/2026.

NIKE Stock Performance

Shares of NYSE NKE opened at $38.78 on Friday. The company has a current ratio of 1.96, a quick ratio of 1.36 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $57.53 billion, a P/E ratio of 18.56, a P/E/G ratio of 1.87 and a beta of 1.10. NIKE, Inc. has a 12 month low of $37.95 and a 12 month high of $76.97. The stock has a 50 day moving average of $41.62 and a 200-day moving average of $46.34.

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

NIKE Announces Dividend

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 given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Tuesday, September 1st. NIKE’s dividend payout ratio (DPR) is presently 78.47%.

Insider Activity

In related news, COO Venkatesh Alagirisamy sold 890 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $41.60, for a total transaction of $37,024.00. Following the sale, the chief operating officer owned 74,820 shares in the company, valued at approximately $3,112,512. This trade represents a 1.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Amy Montagne sold 4,867 shares of NIKE stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $42.05, for a total transaction of $204,657.35. Following the completion of the transaction, the insider directly owned 57,436 shares in the company, valued at $2,415,183.80. This trade represents a 7.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 26,142 shares of company stock worth $1,169,380. Insiders own 1.10% of the company’s stock.

Institutional Trading of NIKE

A number of institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System increased its position in shares of NIKE by 4,052.9% in the second quarter. California State Teachers Retirement System now owns 75,611,801 shares of the footwear maker’s stock worth $3,103,864,000 after purchasing an additional 73,791,103 shares during the period. J. Stern & Co. LLP lifted its position in NIKE by 49,010.4% during the fourth quarter. J. Stern & Co. LLP now owns 48,054,542 shares of the footwear maker’s stock worth $3,061,555,000 after purchasing an additional 47,956,692 shares during the period. Norges Bank acquired a new stake in NIKE during the fourth quarter worth about $829,956,000. Flossbach Von Storch SE bought a new position in NIKE in the 2nd quarter valued at about $488,714,000. Finally, Harris Associates L P acquired a new position in shares of NIKE in the 2nd quarter valued at approximately $621,525,000. 64.25% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

NKE has been the subject of several research reports. CICC Research cut their price objective on shares of NIKE from $58.00 to $44.80 and set a “neutral” rating for the company in a research report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft lifted their price target on NIKE from $43.00 to $45.00 and gave the stock a “hold” rating in a report on Friday, July 17th. UBS Group set a $48.00 price objective on NIKE and gave the company a “neutral” rating in a report on Wednesday, July 1st. Argus raised NIKE to a “strong-buy” rating in a report on Wednesday, July 15th. Finally, Wells Fargo & Company lowered their price target on shares of NIKE from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $52.94.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Recent analysis highlights signs that NIKE’s margins are beginning to stabilize, which could support earnings recovery if the company successfully improves its product lineup, brand momentum and inventory management. At the current depressed valuation, patient investors may see a potential turnaround opportunity. Nike Stock Is Down 78% From Its All-Time High. Is This the Once-in-a-Decade Setup for Patient Investors?
• Positive Sentiment: Another review describes NKE as a possible turnaround bet following its 2026 slump, suggesting that expectations are already low and that operational progress could generate upside if the recovery gains traction. Nike Presents a Turnaround Bet after 2026 Slump
• Neutral Sentiment: The latest valuation discussion asks whether the steep decline has created an undervalued opportunity or a value trap. Fresh price targets and evidence of stabilizing margins are constructive, but the stock’s recovery remains dependent on sustained execution. Down almost 80%, is Nike stock undervalued or a value trap?
• Neutral Sentiment: NIKE has closed 11 U.S. stores, including one in California. The closures may reduce costs and reflect efforts to reshape its retail footprint, but they also signal ongoing pressure on physical-store performance. Nike closes 11 stores across the US
• Negative Sentiment: Skeptical commentary says the turnaround is difficult and that NKE’s valuation may provide limited margin of safety despite the share-price decline. Concerns include sluggish sales, margin pressure and the risk that recovery efforts take longer than expected. Nike: A Difficult Turnaround At A Price That Offers Little Margin Of Safety
• Negative Sentiment: A separate analysis argues that NKE has not established a durable bottom, highlighting several fundamental problems that could continue to weigh on the shares even as management makes progress. 4 Fundamental Reasons Why I Believe Nike Stock Hasn’t Bottomed Yet

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

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).