Venkatesh Alagirisamy Sells 890 Shares of NIKE (NYSE:NKE) Stock

NIKE, Inc. (NYSE:NKE) COO Venkatesh Alagirisamy sold 890 shares of the company’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 $37,024.00. Following the completion of the sale, the chief operating officer directly owned 74,820 shares of the company’s stock, valued at approximately $3,112,512. This represents a 1.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

NIKE Price Performance

NYSE NKE opened at $41.66 on Friday. NIKE, Inc. has a 12 month low of $40.00 and a 12 month high of $80.17. The firm has a market capitalization of $61.81 billion, a PE ratio of 19.94, a P/E/G ratio of 1.85 and a beta of 1.11. The company’s 50 day simple moving average is $43.18 and its 200 day simple moving average is $49.55. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.96 and a quick ratio of 1.36.

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

NIKE Announces Dividend

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

Institutional Trading of NIKE

Hedge funds have recently modified their holdings of the business. Main Street Financial Solutions LLC increased its holdings in shares of NIKE by 4.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 3,441 shares of the footwear maker’s stock valued at $244,000 after purchasing an additional 139 shares during the period. Diligent Investors LLC boosted its holdings in shares of NIKE by 4.3% during the fourth quarter. Diligent Investors LLC now owns 3,719 shares of the footwear maker’s stock worth $237,000 after purchasing an additional 153 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of NIKE by 4.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,978 shares of the footwear maker’s stock worth $253,000 after purchasing an additional 163 shares during the period. ANB Bank boosted its holdings in shares of NIKE by 0.7% during the fourth quarter. ANB Bank now owns 25,451 shares of the footwear maker’s stock worth $1,621,000 after purchasing an additional 165 shares during the period. Finally, Cornerstone Wealth Management LLC grew its position in NIKE by 4.4% during the fourth quarter. Cornerstone Wealth Management LLC now owns 3,970 shares of the footwear maker’s stock valued at $253,000 after purchasing an additional 169 shares in the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Evercore set a $46.00 price target on shares of NIKE and gave the stock an “in-line” rating in a research report on Tuesday, June 23rd. DZ Bank reaffirmed a “buy” rating on shares of NIKE in a research note on Tuesday, June 30th. Rothschild & Co Redburn dropped their target price on shares of NIKE from $45.00 to $37.00 and set a “sell” rating on the stock in a report on Friday, July 17th. Needham & Company LLC reissued a “hold” rating on shares of NIKE in a research note on Thursday, June 4th. Finally, China Renaissance reduced their target price on shares of NIKE from $50.30 to $47.30 and set a “hold” rating for the company in a report on Thursday, July 2nd. One equities 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 given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $53.53.

NIKE News Roundup

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

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).