Armistice Capital LLC Purchases 315,616 Shares of NIKE, Inc. $NKE

Posted by Lindsey Winhoffer on Jun 18th, 2026

Armistice Capital LLC increased its position in NIKE, Inc. (NYSE:NKE – Free Report) by 399.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 394,709 shares of the footwear maker’s stock after buying an additional 315,616 shares during the quarter. Armistice Capital LLC’s holdings in NIKE were worth $25,147,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Cornerstone Financial Management LLC purchased a new stake in shares of NIKE during the 4th quarter valued at about $26,000. J.Safra Asset Management Corp bought a new position in NIKE in the 4th quarter worth about $29,000. Kemnay Advisory Services Inc. bought a new position in shares of NIKE during the fourth quarter valued at approximately $30,000. Litman Gregory Wealth Management LLC bought a new position in shares of NIKE during the fourth quarter valued at approximately $32,000. Finally, Prosperity Bancshares Inc bought a new position in shares of NIKE during the fourth quarter valued at approximately $32,000. Institutional investors own 64.25% of the company’s stock.

NIKE Stock Performance

NIKE stock opened at $44.19 on Thursday. The firm has a 50 day simple moving average of $44.30 and a 200-day simple moving average of $54.99. NIKE, Inc. has a 1-year low of $41.35 and a 1-year high of $80.17. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.14 and a quick ratio of 1.45. The stock has a market cap of $65.45 billion, a price-to-earnings ratio of 29.27, a price-to-earnings-growth ratio of 1.95 and a beta of 1.12.

NIKE (NYSE:NKE – Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share 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 business had revenue of $11.28 billion during the quarter, compared to analysts’ expectations of $11.23 billion. During the same quarter in the prior year, the company posted $0.54 EPS. The business’s revenue for the quarter was up .1% on a year-over-year basis. On average, analysts expect that NIKE, Inc. will post 1.49 EPS for the current 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 issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Monday, June 1st. NIKE’s dividend payout ratio is currently 108.61%.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

Positive Sentiment: NIKE is entering the World Cup with a major global marketing push, including new football boots, federation shirts, and refreshed store displays, which could boost brand visibility and merchandise sales. Nike gets World Cup opportunity it can’t afford to waste
Positive Sentiment: Reports of record Knicks championship merchandise sales suggest strong demand tied to major sports moments, reinforcing Nike’s ability to monetize high-profile events. Nike (NKE) Sees Record Knicks Merch Sales As The World Cup Begins
Neutral Sentiment: Several recent articles frame NIKE as a fairly valued stock after a multi-year decline, suggesting investors may see the shares as pricing in a lot of bad news already. Nike (NKE) Stock Price Looks Fair After Multi‑Year Slide And DCF Check
Neutral Sentiment: Analysts continue to compare Nike with stronger-performing footwear peers like Steven Madden, highlighting that Nike still faces turnaround pressure and relative growth concerns. NIKE vs. Steven Madden: Which Stock Has an Edge in the Footwear Space?
Negative Sentiment: Nike is still viewed as struggling to regain momentum ahead of its June 30 earnings report, keeping attention on whether management can show a real improvement in the business. Nike Stock Struggling to Bounce Back Before Earnings

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Wall Street Zen upgraded shares of NIKE from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. HSBC downgraded shares of NIKE from a “buy” rating to a “hold” rating and decreased their target price for the company from $90.00 to $48.00 in a research report on Monday, April 13th. Sanford C. Bernstein restated a “buy” rating on shares of NIKE in a research report on Monday, May 11th. BNP Paribas Exane cut their price objective on shares of NIKE from $35.00 to $23.00 and set an “underperform” rating for the company in a report on Wednesday, April 1st. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of NIKE in a report on Thursday, June 4th. Fifteen research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $60.89.

Read Our Latest Stock Analysis on NKE

Insider Transactions at NIKE

In other news, EVP Philip Mccartney sold 17,398 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $46.18, for a total value of $803,439.64. Following the transaction, the executive vice president directly owned 53,133 shares in the company, valued at approximately $2,453,681.94. This represents a 24.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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. Also, CEO Elliott Hill bought 23,660 shares of NIKE stock in a transaction on Monday, April 13th. The shares were acquired at an average price of $42.27 per share, for a total transaction of $1,000,108.20. Following the completion of the acquisition, the chief executive officer owned 265,247 shares in the company, valued at $11,211,990.69. This represents a 9.79% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders acquired 64,441 shares of company stock worth $2,734,204. 0.80% of the stock is owned by company insiders.

NIKE Profile

(Free Report)

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).