Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of NIKE, Inc. (NYSE:NKE)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of NIKE, Inc. (NYSE:NKE). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in NIKE stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

NIKE Trading Down 0.1%

Shares of NYSE NKE traded down $0.04 on Tuesday, reaching $42.36. 21,234,050 shares of the company traded hands, compared to its average volume of 20,195,372. The company has a 50 day moving average of $48.95 and a 200 day moving average of $58.61. The stock has a market capitalization of $62.72 billion, a PE ratio of 28.05, a P/E/G ratio of 2.25 and a beta of 1.12. NIKE, Inc. has a fifty-two week low of $42.06 and a fifty-two week high of $80.17. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50.

NIKE (NYSE:NKE) last posted its earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.06. The firm had revenue of $11.28 billion during the quarter, compared to the consensus estimate of $11.23 billion. NIKE had a net margin of 4.84% and a return on equity of 16.41%. The company’s revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.54 EPS. On average, equities research analysts forecast that NIKE, Inc. will post 1.51 earnings per share for the current fiscal year.

NIKE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.9%. NIKE’s dividend payout ratio is currently 108.61%.

Hedge Funds Weigh In On NIKE

Several institutional investors and hedge funds have recently made changes to their positions in the business. Saturna Capital Corp boosted its stake in shares of NIKE by 18.5% during the 1st quarter. Saturna Capital Corp now owns 356,440 shares of the footwear maker’s stock valued at $18,827,000 after buying an additional 55,710 shares during the last quarter. Himension Capital Singapore PTE. LTD. purchased a new position in shares of NIKE during the 1st quarter valued at approximately $100,000. Oslo Pensjonsforsikring AS purchased a new position in shares of NIKE during the 1st quarter valued at approximately $123,000. Andra AP fonden boosted its stake in shares of NIKE by 1,731.4% during the 1st quarter. Andra AP fonden now owns 234,417 shares of the footwear maker’s stock valued at $12,382,000 after buying an additional 221,617 shares during the last quarter. Finally, Glenview Trust Co boosted its stake in shares of NIKE by 7.6% during the 1st quarter. Glenview Trust Co now owns 164,075 shares of the footwear maker’s stock valued at $8,666,000 after buying an additional 11,655 shares during the last quarter. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Elliott Hill acquired 23,660 shares of NIKE stock in a transaction that occurred on Monday, April 13th. The shares were purchased at an average cost of $42.27 per share, for a total transaction of $1,000,108.20. Following the completion of the purchase, the chief executive officer directly owned 265,247 shares of the company’s stock, valued at $11,211,990.69. This trade represents a 9.79% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director John W. Rogers, Jr. acquired 4,000 shares of NIKE stock in a transaction that occurred on Thursday, April 9th. The shares were purchased at an average price of $43.34 per share, for a total transaction of $173,360.00. Following the completion of the purchase, the director directly owned 41,022 shares of the company’s stock, valued at $1,777,893.48. The trade was a 10.80% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have purchased 64,441 shares of company stock valued at $2,734,204. Corporate insiders own 0.80% of the company’s stock.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Sanford C. Bernstein reaffirmed a Buy rating on NIKE, which signals at least one analyst still sees upside despite the selloff.
• Positive Sentiment: Recent coverage around NIKE’s retail reset highlights a push toward more full-price selling and less discounting, which could help margins if the strategy gains traction.
• Neutral Sentiment: Investor commentary focused on valuation after NIKE’s sharp year-to-date decline, suggesting the stock may be becoming cheaper, but also reflecting fading growth confidence. Nike (NKE) Valuation Check After Steep Share Price Slide And Mixed Market Signals
• Neutral Sentiment: CEO Elliott Hill said NIKE’s turnaround will take more time, reinforcing the view that a full recovery is not immediate and keeping expectations restrained. Why Nike CEO said the company’s turnaround needs more time
• Neutral Sentiment: On Holding posted strong results and raised guidance, while also saying Nike is fighting back aggressively—this underscores rising competition in footwear and sportswear, but it is not a direct NIKE-specific catalyst. On Holding beats first-quarter expectations, sees double-digit growth in China as Nike lags
• Negative Sentiment: NIKE’s shares have fallen sharply over the past year and in recent months, reflecting ongoing concern about growth, margins, and the pace of recovery.
• Negative Sentiment: A proposed customer lawsuit seeking tariff-related refunds adds legal and reputational risk, which could pressure sentiment if it gains traction. Nike Customers Sue to Recover Tariff-Related Refunds

Analyst Upgrades and Downgrades

NKE has been the subject of a number of research analyst reports. Robert W. Baird dropped their target price on shares of NIKE from $85.00 to $70.00 and set an “outperform” rating for the company in a research report on Wednesday, April 1st. Piper Sandler reissued a “neutral” rating and set a $50.00 target price (down from $60.00) on shares of NIKE in a research report on Friday, April 10th. Stifel Nicolaus dropped their target price on shares of NIKE from $65.00 to $56.00 and set a “hold” rating for the company in a research report on Wednesday, April 1st. Bank of America reissued a “neutral” rating and set a $55.00 target price (down from $73.00) on shares of NIKE in a research report on Wednesday, April 1st. Finally, Sanford C. Bernstein reissued a “buy” rating on shares of NIKE in a research report on Monday. Sixteen research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $62.04.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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).