NIKE, Inc. $NKE Shares Sold by Victory Capital Management Inc.

Posted by Lindsey Winhoffer on Mar 9th, 2026

Victory Capital Management Inc. lowered its holdings in NIKE, Inc. (NYSE:NKE – Free Report) by 42.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 506,285 shares of the footwear maker’s stock after selling 371,057 shares during the period. Victory Capital Management Inc.’s holdings in NIKE were worth $35,303,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NKE. Twin Peaks Wealth Advisors LLC bought a new stake in shares of NIKE in the 2nd quarter worth approximately $31,000. Guerra Advisors Inc bought a new position in NIKE during the 3rd quarter worth $34,000. Accredited Wealth Management LLC increased its position in NIKE by 268.6% in the third quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker’s stock worth $36,000 after buying an additional 376 shares during the period. Abich Financial Wealth Management LLC bought a new stake in NIKE in the third quarter valued at $43,000. Finally, Financial Consulate Inc. acquired a new position in shares of NIKE during the third quarter valued at $57,000. 64.25% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Timothy D. Cook purchased 50,000 shares of the stock in a transaction dated Monday, December 22nd. The shares were bought at an average cost of $58.97 per share, for a total transaction of $2,948,500.00. Following the transaction, the director owned 105,480 shares in the company, valued at $6,220,155.60. This trade represents a 90.12% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert Holmes Swan acquired 8,691 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was purchased at an average cost of $57.54 per share, for a total transaction of $500,080.14. Following the purchase, the director directly owned 43,293 shares in the company, valued at approximately $2,491,079.22. This represents a 25.12% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have bought 75,079 shares of company stock worth $4,449,887. 0.80% of the stock is owned by company insiders.

NIKE Stock Down 1.7%

NIKE stock opened at $57.01 on Monday. NIKE, Inc. has a 52 week low of $52.28 and a 52 week high of $80.19. The stock has a market cap of $84.40 billion, a price-to-earnings ratio of 33.54, a PEG ratio of 2.92 and a beta of 1.27. The company’s 50-day moving average price is $63.26 and its two-hundred day moving average price is $66.32. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.50.

NIKE (NYSE:NKE – Get Free Report) last issued its quarterly earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.16. NIKE had a net margin of 5.43% and a return on equity of 18.43%. The company had revenue of $12.43 billion during the quarter, compared to analyst estimates of $12.19 billion. During the same period in the prior year, the business posted $0.78 EPS. The business’s revenue for the quarter was up .6% compared to the same quarter last year. On average, analysts expect that NIKE, Inc. will post 2.05 EPS for the current fiscal year.

NIKE Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Monday, March 2nd. NIKE’s dividend payout ratio (DPR) is presently 96.47%.

Key NIKE News

Here are the key news stories impacting NIKE this week:

Positive Sentiment: RBC/other analysts still see recovery potential, particularly from China, and some firms reaffirm bullish long‑term views (RBC’s thesis supports upside to the stock). Nike Faces China Recovery as Key Growth Driver, RBC Says
Positive Sentiment: Bullish writeups (Rebound Capital summaries syndicated to retail sites) argue NKE’s multiple and brand strength make it a buy for investors positioning for a turnaround. Is NIKE, Inc. (NKE) Stock A Good Buy Right Now?
Neutral Sentiment: Stifel Nicolaus and other houses are taking cautious stances (e.g., hold ratings remain), reflecting mixed near‑term visibility even as some firms set higher price targets. Stifel Nicolaus Sticks to Its Hold Rating for Nike (NKE)
Neutral Sentiment: Analyst roundups offer mixed takes on consumer cyclicals (Nike included); these compilations add little immediate catalyst but reflect diverging views on timing of the recovery. Analysts Offer Insights on Consumer Cyclical Companies
Neutral Sentiment: Reports suggest Nike may consider strategic moves around the Converse business — this is speculative and could be either positive (streamlining/non‑core sale) or negative (execution risk/one‑time costs). ‘Nike Could Exit Converse,’ Says BNP Paribas
Negative Sentiment: NIKE announced ~ $300M in pre‑tax restructuring/severance charges tied to organizational changes and recent layoffs; management signals ongoing cost realignment that will pressure near‑term results and prompted the stock pullback. Nike to Record $300 Million Charge From Cost‑Cutting Efforts (WSJ)
Negative Sentiment: Multiple outlets highlight the same $300M severance hit and note CEO Elliott Hill’s restructuring could include additional cuts — increasing short‑term execution and margin risk. Nike Restructuring And Severance Charge Test Turnaround Under New CEO

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on NKE. Berenberg Bank reaffirmed a “neutral” rating and issued a $70.00 price objective on shares of NIKE in a report on Friday, December 19th. Williams Trading decreased their target price on shares of NIKE from $100.00 to $80.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Stifel Nicolaus set a $65.00 price target on shares of NIKE and gave the company a “hold” rating in a research note on Friday, December 19th. Raymond James Financial reaffirmed a “market perform” rating on shares of NIKE in a report on Monday, December 15th. Finally, Sanford C. Bernstein reiterated a “buy” rating on shares of NIKE in a research report on Thursday. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, NIKE currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.61.

Check Out Our Latest Analysis on NIKE

NIKE Company 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).