adidas (OTCMKTS:ADDYY) Stock Unloaded Rep. Bruce Westerman

Representative Bruce Westerman (R-Arkansas) recently sold shares of adidas AG OTCMKTS: ADDYY. In a filing disclosed on May 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in adidas stock on April 21st. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of UniCredit OTCMKTS: UNCRY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Siemens Aktiengesellschaft OTCMKTS: SIEGY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of GSK NYSE: GSK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 4/21/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 4/21/2025.
• Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Chevron NYSE: CVX on 4/21/2025.

adidas Price Performance

ADDYY stock traded down $0.73 during trading on Monday, reaching $123.29. 59,675 shares of the company were exchanged, compared to its average volume of 55,471. The company has a market cap of $44.02 billion, a P/E ratio of 94.83 and a beta of 1.24. adidas AG has a 52-week low of $99.40 and a 52-week high of $137.73. The stock's 50 day moving average price is $117.17 and its 200 day moving average price is $122.20. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 1.32.

adidas (OTCMKTS:ADDYY - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.01. adidas had a return on equity of 7.39% and a net margin of 1.91%. The company had revenue of $7 billion for the quarter, compared to analyst estimates of $6.33 billion. As a group, analysts predict that adidas AG will post 2.27 earnings per share for the current fiscal year.

adidas Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Tuesday, May 20th will be issued a $0.7565 dividend. This is an increase from adidas's previous dividend of $0.24. The ex-dividend date of this dividend is Monday, May 19th. This represents a dividend yield of 0.62%. adidas's payout ratio is presently 24.43%.

Hedge Funds Weigh In On adidas

Institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC increased its position in shares of adidas by 17.8% in the first quarter. GAMMA Investing LLC now owns 1,057 shares of the company's stock worth $125,000 after acquiring an additional 160 shares in the last quarter. Rhumbline Advisers boosted its stake in adidas by 7.9% during the 1st quarter. Rhumbline Advisers now owns 9,655 shares of the company's stock valued at $1,139,000 after acquiring an additional 709 shares during the last quarter. Madison Investment Advisors LLC bought a new position in adidas during the 4th quarter valued at $2,437,000. Finally, Mar Vista Investment Partners LLC lifted its position in shares of adidas by 2.6% in the 4th quarter. Mar Vista Investment Partners LLC now owns 29,199 shares of the company's stock worth $3,556,000 after buying an additional 731 shares during the last quarter.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Baird R W raised shares of adidas from a "hold" rating to a "strong-buy" rating in a report on Monday, April 21st. Hsbc Global Res raised shares of adidas from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 9th. Piper Sandler began coverage on shares of adidas in a research note on Monday, May 5th. They set an "overweight" rating on the stock. Bank of America raised shares of adidas from a "neutral" rating to a "buy" rating in a research note on Thursday, April 24th. Finally, Berenberg Bank raised shares of adidas to a "hold" rating in a research note on Tuesday, April 15th. Three research analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy".

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About adidas

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products in Europe, the Middle East, Africa, North America, Greater China, the Asia-Pacific, and Latin America. It offers footwear, apparel, and accessories and gear, such as bags and balls under the adidas brand; golf footwear and apparel under the adidas Golf brand; and outdoor footwear under the Five Ten brand.