NIKE, Inc. $NKE Shares Sold by Jacobs & Co. CA

Jacobs & Co. CA reduced its stake in NIKE, Inc. (NYSE:NKE) by 23.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 129,614 shares of the footwear maker’s stock after selling 39,349 shares during the period. Jacobs & Co. CA’s holdings in NIKE were worth $5,320,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in NIKE by 388.5% in the fourth quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker’s stock valued at $15,316,000 after acquiring an additional 160,980 shares in the last quarter. Caxton Associates LLP purchased a new position in shares of NIKE during the first quarter worth about $311,000. United Bank grew its holdings in shares of NIKE by 11.3% during the second quarter. United Bank now owns 17,067 shares of the footwear maker’s stock worth $1,212,000 after purchasing an additional 1,736 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of NIKE by 0.3% during the second quarter. NewEdge Advisors LLC now owns 64,161 shares of the footwear maker’s stock worth $4,558,000 after purchasing an additional 197 shares in the last quarter. Finally, CIBC Asset Management Inc increased its position in shares of NIKE by 6.5% during the second quarter. CIBC Asset Management Inc now owns 191,268 shares of the footwear maker’s stock worth $13,588,000 after purchasing an additional 11,646 shares in the last quarter. Institutional investors and hedge funds own 64.25% of the company’s stock.

Insider Buying and Selling at NIKE

In other news, COO Venkatesh Alagirisamy sold 890 shares of NIKE stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $41.60, for a total value of $37,024.00. Following the sale, the chief operating officer owned 74,820 shares of the company’s stock, valued at $3,112,512. The trade was a 1.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Matthew Friend sold 2,463 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $41.60, for a total transaction of $102,460.80. Following the transaction, the chief financial officer owned 82,165 shares in the company, valued at approximately $3,418,064. This trade represents a 2.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 21,275 shares of company stock valued at $964,723. 1.10% of the stock is owned by company insiders.

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

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on NKE shares. Evercore set a $46.00 target price on NIKE and gave the company an “in-line” rating in a research report on Tuesday, June 23rd. Royal Bank Of Canada reaffirmed a “neutral” rating on shares of NIKE in a research report on Wednesday, July 1st. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $40.00 price objective (down from $47.00) on shares of NIKE in a research note on Tuesday, August 4th. Berenberg Bank set a $49.00 price objective on NIKE and gave the company a “hold” rating in a report on Friday, July 3rd. Finally, Weiss Ratings raised NIKE from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eighteen have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $53.53.

NIKE Stock Down 0.8%

NIKE stock opened at $41.66 on Friday. The stock has a 50 day moving average of $43.18 and a two-hundred day moving average of $49.55. NIKE, Inc. has a twelve month low of $40.00 and a twelve month high of $80.17. The stock has a market capitalization of $61.81 billion, a price-to-earnings ratio of 19.94, a PEG ratio of 1.85 and a beta of 1.11. The company has a current ratio of 1.96, a quick ratio of 1.36 and a debt-to-equity ratio of 0.40.

NIKE (NYSE:NKE) last released its earnings results on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $10.85 billion. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was down 1.1% compared to the same quarter last year. As a group, research analysts expect that NIKE, Inc. will post 1.74 earnings per share for the current year.

NIKE Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 1st will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Tuesday, September 1st. NIKE’s dividend payout ratio (DPR) is 78.47%.

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).