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

Posted by Teresa Graham on Mar 9th, 2026

Victory Capital Management Inc. lowered its stake in NIKE, Inc. (NYSE:NKE – Free Report) by 42.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor 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 reporting period.

Several other large investors have also modified their holdings of the stock. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of NIKE during the second quarter worth $31,000. Guerra Advisors Inc purchased a new position in NIKE in the 3rd quarter worth about $34,000. Accredited Wealth Management LLC increased its stake in NIKE by 268.6% in the 3rd quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker’s stock worth $36,000 after purchasing an additional 376 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new stake in NIKE during the 3rd quarter worth about $43,000. Finally, Financial Consulate Inc. purchased a new stake in NIKE during the third quarter valued at about $57,000. 64.25% of the stock is owned by institutional investors.

NIKE Stock Performance

NKE stock opened at $57.01 on Monday. The firm has a 50 day simple moving average of $63.26 and a 200 day simple moving average of $66.32. 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 P/E ratio of 33.54, a P/E/G ratio of 2.92 and a beta of 1.27. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.06.

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

NIKE Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have commented on NKE shares. Piper Sandler set a $75.00 target price on shares of NIKE and gave the stock an “overweight” rating in a report on Friday, December 19th. BNP Paribas Exane reduced their price target on shares of NIKE from $38.00 to $35.00 and set an “underperform” rating for the company in a research report on Friday, December 19th. Deutsche Bank Aktiengesellschaft set a $67.00 price objective on shares of NIKE in a research note on Thursday, January 8th. Royal Bank Of Canada reissued an “outperform” rating and set a $78.00 target price on shares of NIKE in a research note on Thursday. Finally, The Goldman Sachs Group reduced their target price on NIKE from $77.00 to $76.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, NIKE has an average rating of “Moderate Buy” and an average target price of $74.61.

Read Our Latest Stock Report on NKE

Insider Activity at NIKE

In other news, Director Robert Holmes Swan purchased 8,691 shares of the business’s stock in a transaction dated Monday, December 22nd. The stock was bought at an average cost of $57.54 per share, with a total value of $500,080.14. Following the purchase, the director directly owned 43,293 shares of the company’s stock, valued at approximately $2,491,079.22. This trade represents a 25.12% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Elliott Hill purchased 16,388 shares of the stock in a transaction that occurred on Monday, December 29th. The stock was purchased at an average cost of $61.10 per share, with a total value of $1,001,306.80. Following the purchase, the chief executive officer owned 241,587 shares in the company, valued at $14,760,965.70. This represents a 7.28% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders bought 75,079 shares of company stock valued at $4,449,887. Insiders own 0.80% of the company’s stock.

More 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

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).