19,754 Shares in NIKE, Inc. $NKE Purchased by Rare Wolf Capital LLC

Rare Wolf Capital LLC acquired a new stake in shares of NIKE, Inc. (NYSE:NKE) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 19,754 shares of the footwear maker’s stock, valued at approximately $1,259,000.

A number of other hedge funds also recently bought and sold shares of NKE. Cornerstone Financial Management LLC acquired a new position in NIKE during the fourth quarter worth $26,000. J.Safra Asset Management Corp purchased a new position in shares of NIKE during the 4th quarter worth $29,000. Kemnay Advisory Services Inc. purchased a new position in shares of NIKE during the 4th quarter worth $30,000. Gordian Capital Singapore Pte Ltd acquired a new position in shares of NIKE during the 3rd quarter valued at about $35,000. Finally, Litman Gregory Wealth Management LLC acquired a new position in shares of NIKE during the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 64.25% of the company’s stock.

Insiders Place Their Bets

In related news, Director Timothy D. Cook purchased 25,000 shares of NIKE stock in a transaction dated Friday, April 10th. The shares were acquired at an average cost of $42.43 per share, with a total value of $1,060,750.00. Following the purchase, the director owned 130,480 shares of the company’s stock, valued at approximately $5,536,266.40. The trade was a 23.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Philip Mccartney sold 17,398 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $46.18, for a total transaction of $803,439.64. Following the completion of the transaction, the executive vice president owned 53,133 shares in the company, valued at approximately $2,453,681.94. This represents a 24.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders bought 64,441 shares of company stock worth $2,734,204. Insiders own 0.80% of the company’s stock.

NIKE Stock Up 2.3%

Shares of NYSE:NKE opened at $45.22 on Friday. The business has a 50-day moving average price of $44.35 and a 200 day moving average price of $54.85. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $66.97 billion, a price-to-earnings ratio of 29.95, a PEG ratio of 1.91 and a beta of 1.12. NIKE, Inc. has a 12-month low of $41.35 and a 12-month high of $80.17.

NIKE (NYSE:NKE) last issued its quarterly earnings data on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (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 firm had revenue of $11.28 billion for the quarter, compared to analyst estimates of $11.23 billion. During the same period in the previous year, the firm earned $0.54 EPS. NIKE’s revenue was up .1% on a year-over-year basis. Sell-side analysts expect that NIKE, Inc. will post 1.49 EPS for the current year.

NIKE Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 1st will be given a dividend of $0.41 per share. The ex-dividend date is Monday, June 1st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.6%. NIKE’s dividend payout ratio (DPR) is currently 108.61%.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE is getting a lift from renewed investor attention and momentum after recently outperforming the broader market, with shares rising as traders reassess the stock’s value after a steep multi-year selloff. Article Title
• Positive Sentiment: The company continues to benefit from high-profile brand exposure tied to the World Cup and strong merchandise activity, which could support sales and marketing momentum if it translates into better demand. Article Title
• Positive Sentiment: Some commentary is highlighting NIKE’s elevated dividend yield and “fair value” case after the stock’s long pullback, which may be attracting value-oriented investors. Article Title
• Neutral Sentiment: NIKE announced that board member John Rogers, Jr. will retire after the September 2026 annual meeting and then serve as a strategic advisor; the move appears orderly and not disruptive, so it is unlikely to be a major stock driver. Article Title
• Neutral Sentiment: Investor chatter remains mixed, with articles noting NIKE’s turnaround pressure, upcoming earnings later this month, and a consensus Hold rating from analysts. Article Title

Analysts Set New Price Targets

Several research firms recently issued reports on NKE. Citigroup cut their price objective on shares of NIKE from $53.00 to $47.00 and set a “neutral” rating for the company in a research report on Wednesday, June 10th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $52.00 target price on shares of NIKE in a report on Friday, June 5th. BNP Paribas Exane dropped their price target on shares of NIKE from $35.00 to $23.00 and set an “underperform” rating for the company in a research note on Wednesday, April 1st. Robert W. Baird dropped their price target on shares of NIKE from $85.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, April 1st. Finally, Zacks Research downgraded shares of NIKE from a “hold” rating to a “strong sell” rating in a report on Monday, June 1st. Fifteen investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $60.89.

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).