TriaGen Wealth Management LLC Grows Stock Holdings in NIKE, Inc. $NKE

TriaGen Wealth Management LLC increased its holdings in NIKE, Inc. (NYSE:NKE) by 809.7% in the third quarter, Holdings Channel.com reports. The firm owned 31,458 shares of the footwear maker’s stock after purchasing an additional 28,000 shares during the period. TriaGen Wealth Management LLC’s holdings in NIKE were worth $2,194,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of NIKE during the 2nd quarter valued at about $835,063,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in NIKE by 3,129.9% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 9,091,426 shares of the footwear maker’s stock valued at $645,855,000 after purchasing an additional 8,809,950 shares during the period. Harris Associates L P acquired a new position in NIKE during the second quarter worth approximately $621,525,000. Invesco Ltd. raised its stake in NIKE by 66.1% during the second quarter. Invesco Ltd. now owns 12,157,198 shares of the footwear maker’s stock worth $863,647,000 after purchasing an additional 4,840,114 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of NIKE by 129.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,849,636 shares of the footwear maker’s stock valued at $411,951,000 after purchasing an additional 3,299,155 shares during the last quarter. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

NIKE Stock Performance

NYSE:NKE opened at $63.18 on Monday. The firm has a 50-day moving average of $63.59 and a two-hundred day moving average of $69.42. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.06 and a quick ratio of 1.40. The stock has a market cap of $93.39 billion, a P/E ratio of 37.16, a PEG ratio of 2.72 and a beta of 1.28. NIKE, Inc. has a 1-year low of $52.28 and a 1-year high of $82.44.

NIKE (NYSE:NKE) last issued its quarterly earnings results on Thursday, December 18th. The footwear maker reported $0.53 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $12.19 billion. During the same quarter in the prior year, the business posted $0.78 earnings per share. NIKE’s revenue for the quarter was up .6% on a year-over-year basis. On average, research analysts expect that NIKE, Inc. will post 2.05 earnings per share for the current fiscal year.

NIKE Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 1st were paid a dividend of $0.41 per share. This is a positive change from NIKE’s previous quarterly dividend of $0.40. The ex-dividend date was Monday, December 1st. This represents a $1.64 dividend on an annualized basis and a yield of 2.6%. NIKE’s payout ratio is currently 96.47%.

Insider Activity at NIKE

In other NIKE news, Chairman Mark G. Parker sold 86,078 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $64.80, for a total transaction of $5,577,854.40. Following the sale, the chairman owned 647,615 shares in the company, valued at $41,965,452. This represents a 11.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Timothy D. Cook bought 50,000 shares of the firm’s stock in a transaction dated Monday, December 22nd. The stock was purchased at an average price of $58.97 per share, with a total value of $2,948,500.00. Following the transaction, 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 disclosure for this purchase is available in the SEC filing. Insiders acquired 91,229 shares of company stock worth $5,452,640 over the last 90 days. Company insiders own 0.80% of the company’s stock.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Company insiders have been buying stock (CEO purchase ~ $1.0M), a clear confidence signal that triggered a strong late‑Dec rally. Insider Buying: NIKE (NYSE:NKE) CEO Acquires $1,001,306.80 in Stock
• Positive Sentiment: Market commentators and TV personalities highlighted the insider activity as a catalyst; Jim Cramer pointed to notable bets and said the insider buying positions Nike to “win now,” which can amplify retail/investor interest. Jim Cramer Points To Bob Swan Bet On Nike Amid Elliott Hill, Tim Cook’s Purchases: Set To ‘Win Now’
• Positive Sentiment: An institutional manager (Sustainable Growth Advisers) added Nike to a large‑cap growth strategy, signaling professional interest from at least one active manager. Institutional flows can support the stock if continued. Factors Behind SGA U.S. Large Cap Growth Strategy’s New Addition: Nike (NKE)
• Neutral Sentiment: Technically the shares are consolidating after the insider‑driven jump; some technical analysts see the stock “refilling the gap,” which suggests near‑term stabilization but not a clear directional signal. Stock Of The Day: Did Nike Refill The Gap?
• Negative Sentiment: Despite insider purchases, the stock has shown intraday weakness and is “trading lower” from recent strength — suggesting profit taking or skepticism about the durability of the rally. Nike Shares Trade Lower Despite Recent Insider Buying
• Negative Sentiment: Longer‑term critics note Nike’s multi‑year share decline (articles arguing the stock is down ~57%) and question whether current valuation and execution justify buying on the bounce — a reminder of the risk investors face beyond short‑term insider signals. Down 57%, Is Nike Stock a Buy in 2026?

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on NKE shares. Sanford C. Bernstein set a $85.00 target price on NIKE and gave the stock an “outperform” rating in a research report on Friday, December 19th. TD Cowen upgraded shares of NIKE from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $62.00 to $85.00 in a research note on Wednesday, September 10th. Raymond James Financial reissued a “market perform” rating on shares of NIKE in a research report on Monday, December 15th. Telsey Advisory Group reduced their target price on shares of NIKE from $75.00 to $72.00 and set a “market perform” rating on the stock in a report on Friday, December 19th. Finally, Wells Fargo & Company set a $65.00 price target on shares of NIKE and gave the stock an “overweight” rating in a research report on Friday, December 19th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $75.84.

NIKE 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).