Insider Selling: NIKE (NYSE:NKE) Insider Sells $204,657.35 in Stock

NIKE, Inc. (NYSE:NKE) insider Amy Montagne sold 4,867 shares of the business’s stock in a transaction dated 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 sale, the insider owned 57,436 shares of the company’s stock, valued at approximately $2,415,183.80. This represents a 7.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

NIKE Price Performance

Shares of NKE opened at $41.29 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.36 and a current ratio of 1.96. The company has a 50 day moving average price of $42.95 and a 200-day moving average price of $48.79. NIKE, Inc. has a fifty-two week low of $40.00 and a fifty-two week high of $80.17. The stock has a market capitalization of $61.26 billion, a PE ratio of 19.76, a PEG ratio of 1.80 and a beta of 1.11.

NIKE (NYSE:NKE) last issued its quarterly earnings data 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 company had revenue of $10.97 billion for the quarter, compared to analyst estimates of $10.85 billion. NIKE had a net margin of 6.70% and a return on equity of 16.54%. NIKE’s revenue was down 1.1% compared to the same quarter last year. During the same period last year, the company posted $0.14 earnings per share. Equities analysts predict that NIKE, Inc. will post 1.74 earnings per share for the current fiscal year.

NIKE Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Tuesday, September 1st. NIKE’s dividend payout ratio (DPR) is 78.47%.

Analyst Ratings Changes

NKE has been the topic of a number of recent research reports. Needham & Company LLC reaffirmed a “hold” rating on shares of NIKE in a research report on Thursday, June 4th. CICC Research reduced their target price on shares of NIKE from $58.00 to $44.80 and set a “neutral” rating for the company in a report on Thursday, July 2nd. Stifel Nicolaus set a $45.00 price target on shares of NIKE and gave the company a “hold” rating in a research report on Wednesday, July 1st. Telsey Advisory Group set a $47.00 price target on shares of NIKE and gave the company a “market perform” rating in a report on Wednesday, July 1st. Finally, BNP Paribas Exane reaffirmed an “underperform” rating on shares of NIKE in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eighteen have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $53.53.

More NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE’s fiscal fourth-quarter results reportedly exceeded expectations, with gross-margin improvement helped by anticipated tariff recoveries. Progress on its broader turnaround is supporting the view that profitability could recover, although free cash flow fell sharply to $2.18 billion. Nike: The Market Is Still Underestimating Its Turnaround Potential
• Positive Sentiment: The Equal Employment Opportunity Commission moved to dismiss its subpoena-related case involving NIKE’s diversity, equity and inclusion practices. The development reduces a legal and regulatory overhang, although it does not directly change operating results. Federal Agency Dropping Nike DEI Subpoena
• Neutral Sentiment: NIKE is restructuring its Greater China distribution strategy by cutting ties with thousands of online distributors and concentrating on flagship platforms. The move could improve brand control and pricing over time, but may create near-term sales risk as the company continues losing regional momentum. Nike Turnaround and Greater China Strategy
• Neutral Sentiment: At around $40, some analysts view NKE as fairly valued for a turnaround that still requires improved product innovation, demand and execution. Investors are also awaiting inflation data, which could influence consumer-spending expectations and market interest rates. Nike at $40: A Fair Price for an Unfinished Turnaround
• Neutral Sentiment: The company’s $0.41 quarterly dividend remains attractive, representing an annualized $1.64 payout and an approximate 4% yield. However, the lack of a new increase and NIKE’s reduced share repurchases suggest a more cautious capital-allocation stance. NIKE Dividend: Why a Small Increase Could Be on the Way
• Negative Sentiment: Analyst commentary remains cautious: Zacks Research cut its long-term fiscal 2029 EPS estimate to $2.56 from $2.63 and maintained a “Strong Sell” view. Other analysis argues that full price recovery will take time, while NIKE’s shares remain down substantially over the year. NIKE Analyst and Price Information
• Negative Sentiment: Greater China weakness, competitive pressure and uncertain consumer demand continue to threaten revenue growth. Free-cash-flow deterioration and sharply reduced buybacks further limit near-term shareholder support. An insider’s sale of 4,867 shares adds a modest negative signal, although the executive retained most of her position. NIKE Stock Declines 35% Year to Date

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ally Financial Inc. acquired a new stake in NIKE in the second quarter worth about $5,460,000. Pinnacle Holdings LLC acquired a new position in shares of NIKE during the second quarter valued at about $396,000. Kiltearn Partners LLP acquired a new position in shares of NIKE during the second quarter valued at about $4,564,000. Madison Asset Management LLC purchased a new position in shares of NIKE in the 2nd quarter valued at approximately $3,370,000. Finally, Flossbach Von Storch SE purchased a new position in shares of NIKE in the 2nd quarter valued at approximately $488,714,000. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

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).