Philip Mccartney Sells 524 Shares of NIKE (NYSE:NKE) Stock

NIKE, Inc. (NYSE:NKE) EVP Philip Mccartney sold 524 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $41.60, for a total transaction of $21,798.40. Following the transaction, the executive vice president directly owned 52,115 shares in the company, valued at approximately $2,167,984. This trade represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Philip Mccartney also recently made the following trade(s):

• On Friday, June 12th, Philip Mccartney sold 17,398 shares of NIKE stock. The shares were sold at an average price of $46.18, for a total transaction of $803,439.64.

NIKE Stock Down 0.8%

NYSE NKE traded down $0.34 on Friday, reaching $41.66. 19,592,702 shares of the stock traded hands, compared to its average volume of 20,959,270. NIKE, Inc. has a 12 month low of $40.00 and a 12 month high of $80.17. The company has a market cap of $61.81 billion, a price-to-earnings ratio of 19.94, a PEG ratio of 1.88 and a beta of 1.11. The company has a fifty day moving average price of $43.28 and a 200-day moving average price of $49.61. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.36 and a current ratio of 1.96.

NIKE (NYSE:NKE) last posted its quarterly earnings results on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. NIKE had a return on equity of 16.54% and a net margin of 6.70%.The business had revenue of $10.97 billion for the quarter, compared to the consensus estimate of $10.85 billion. During the same quarter in the prior year, the company earned $0.14 EPS. The business’s revenue was down 1.1% compared to the same quarter last year. As a group, research analysts forecast that NIKE, Inc. will post 1.74 EPS for the current fiscal year.

NIKE Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 1st. NIKE’s dividend payout ratio is presently 78.47%.

Hedge Funds Weigh In On NIKE

Hedge funds have recently modified their holdings of the stock. Westerkirk Capital Inc. raised its holdings in shares of NIKE by 52.4% in the fourth quarter. Westerkirk Capital Inc. now owns 131,220 shares of the footwear maker’s stock worth $8,360,000 after buying an additional 45,100 shares during the last quarter. OMERS ADMINISTRATION Corp grew its holdings in shares of NIKE by 77.9% during the fourth quarter. OMERS ADMINISTRATION Corp now owns 2,526,179 shares of the footwear maker’s stock valued at $160,943,000 after buying an additional 1,106,499 shares during the last quarter. PFA Pension Forsikringsaktieselskab acquired a new position in shares of NIKE in the 4th quarter valued at $43,188,000. Nicholas Company Inc. raised its stake in NIKE by 33.3% in the 4th quarter. Nicholas Company Inc. now owns 123,652 shares of the footwear maker’s stock worth $7,878,000 after acquiring an additional 30,890 shares during the last quarter. Finally, Stoneridge Investment Partners LLC raised its stake in NIKE by 1,253.6% in the 4th quarter. Stoneridge Investment Partners LLC now owns 78,846 shares of the footwear maker’s stock worth $5,023,000 after acquiring an additional 73,021 shares during the last quarter. Institutional investors and hedge funds own 64.25% of the company’s stock.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE declared a quarterly dividend of $0.41 per share, payable October 1 to shareholders of record September 1. The annualized payout of $1.64 represents an approximately 3.9% yield and provides continued income support for investors. NIKE Declares $0.41 Quarterly Dividend
• Positive Sentiment: NIKE is emphasizing performance products, innovation, athlete engagement and sport-focused execution as part of its effort to restore longer-term growth. The strategy could help offset near-term demand weakness if product momentum improves. NIKE Bets on Performance Products
• Neutral Sentiment: Brokerages collectively maintain a “Hold” recommendation, suggesting analysts see limited near-term catalysts but that the stock’s depressed valuation may already reflect some of the company’s difficulties. Consensus Hold Recommendation
• Negative Sentiment: JPMorgan lowered its stance to “Sell” and reiterated an underweight view, citing a longer-than-expected turnaround. The downgrade adds pressure to the stock and signals concerns about weak demand and delayed earnings recovery. JPMorgan Cuts Nike to Sell
• Negative Sentiment: Investors continue to focus on NIKE’s China reset and planned U.S. store closures, which could weigh on near-term revenue, earnings and operating margins. Analysts have also questioned whether the shares remain expensive relative to fair value despite substantial declines during 2026. NIKE China Reset and Store Closures
• Negative Sentiment: NIKE’s CFO, COO and an executive vice president each sold shares at $41.60. Because all three transactions were executed under pre-arranged Rule 10b5-1 plans and represented relatively small reductions in ownership, the sales are a modest negative signal rather than evidence of discretionary insider selling. NIKE Insider Sale Filing

Analysts Set New Price Targets

Several equities analysts recently issued reports on NKE shares. Piper Sandler cut their price objective on shares of NIKE from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Wednesday, July 1st. BTIG Research reissued a “buy” rating and issued a $55.00 price target on shares of NIKE in a research report on Wednesday, July 1st. DZ Bank restated a “buy” rating on shares of NIKE in a research note on Tuesday, June 30th. Zacks Research downgraded NIKE from a “hold” rating to a “strong sell” rating in a research report on Monday, June 1st. Finally, Jefferies Financial Group decreased their price target on shares of NIKE from $90.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. One investment 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 given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $53.53.

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).