NIKE, Inc. $NKE Shares Purchased by Broad Peak Investment Advisers Pte Ltd

Key Points

• Broad Peak Investment Advisers increased its stake in NIKE by 40.5% in the fourth quarter, buying 33,500 shares to hold 116,160 shares worth $7.40 million (about 1.3% of its portfolio and its 17th largest holding).
• Company insiders bought a total of 64,441 shares last quarter, including Director Robert Holmes Swan (11,781 shares at ~$42.44) and CEO Elliott Hill (23,660 shares at ~$42.27), indicating management confidence.
• NIKE slightly beat the latest quarterly EPS estimate ($0.35 vs. $0.29) with essentially flat revenue, pays a $0.41 quarterly dividend (3.7% yield), but analysts have trimmed price targets and the consensus rating is Hold with an average target of $62.34 as the stock trades near its 52‑week low.

Broad Peak Investment Advisers Pte Ltd lifted its position in shares of NIKE, Inc. (NYSE:NKE - Free Report) by 40.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 116,160 shares of the footwear maker's stock after acquiring an additional 33,500 shares during the quarter. NIKE accounts for approximately 1.3% of Broad Peak Investment Advisers Pte Ltd's portfolio, making the stock its 17th largest holding. Broad Peak Investment Advisers Pte Ltd's holdings in NIKE were worth $7,401,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Guerra Advisors Inc purchased a new position in NIKE in the 3rd quarter valued at approximately $34,000. Gordian Capital Singapore Pte Ltd purchased a new position in NIKE during the third quarter worth $35,000. Accredited Wealth Management LLC increased its position in NIKE by 268.6% during the third quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker's stock worth $36,000 after buying an additional 376 shares in the last quarter. Matrix Trust Co increased its position in NIKE by 43.6% during the fourth quarter. Matrix Trust Co now owns 596 shares of the footwear maker's stock worth $38,000 after buying an additional 181 shares in the last quarter. Finally, Strive Asset Management LLC purchased a new position in NIKE during the third quarter worth $40,000. 64.25% of the stock is owned by institutional investors and hedge funds.

NIKE Stock Down 0.1%

NYSE:NKE opened at $44.74 on Friday. The firm has a market capitalization of $66.25 billion, a PE ratio of 29.63, a price-to-earnings-growth ratio of 2.37 and a beta of 1.31. The stock has a 50 day moving average of $52.99 and a 200-day moving average of $60.40. NIKE, Inc. has a 52 week low of $42.09 and a 52 week high of $80.17. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50.

NIKE (NYSE:NKE - Get Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.06. The business had revenue of $11.28 billion during the quarter, compared to the consensus estimate of $11.23 billion. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The business's revenue was up .1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.54 earnings per share. Analysts predict that NIKE, Inc. will post 1.52 EPS for the current year.

NIKE Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd were given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Monday, March 2nd. NIKE's dividend payout ratio is 108.61%.

Insider Buying and Selling

In related news, Director Robert Holmes Swan acquired 11,781 shares of the business's stock in a transaction dated Tuesday, April 7th. The stock was bought at an average price of $42.44 per share, for a total transaction of $499,985.64. Following the transaction, the director owned 55,074 shares of the company's stock, valued at approximately $2,337,340.56. The trade was a 27.21% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Elliott Hill acquired 23,660 shares of the business's stock in a transaction dated Monday, April 13th. The shares were bought at an average price of $42.27 per share, with a total value of $1,000,108.20. Following the transaction, the chief executive officer directly owned 265,247 shares in the company, valued at approximately $11,211,990.69. The trade was a 9.79% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 64,441 shares of company stock worth $2,734,204 over the last quarter. 0.80% of the stock is currently owned by insiders.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Sanford C. Bernstein reaffirmed a "buy" on NKE, keeping institutional-level support for the turnaround thesis and signaling confidence from an influential sell-side shop. MarketScreener
• Positive Sentiment: CEO-level confidence: reports say Nike's CEO personally increased a compensation/skin-in-the-game commitment by $1M, which investors often view as alignment with shareholder interests. MSN
• Positive Sentiment: Market reaction to the latest cost actions was initially supportive: NKE ticked up after-hours when the company announced another round of layoffs, suggesting investors see near-term margin/cash-flow benefits. MSN After-hours
• Positive Sentiment: DZ Bank also reaffirmed a buy rating, adding a second endorsement from the sell-side that supports the case for recovery if execution improves. AmericanBankingNews
• Neutral Sentiment: Nike announced roughly 1,400 job cuts (mainly in technology) as part of its "Win Now" efficiency push — a move that should reduce costs but also underscores that the turnaround is still in progress. WSJ
• Negative Sentiment: Short interest jumped ~22.8% in April to ~56.1M shares (≈3.8% of float), signaling growing bearish positioning and increased potential selling pressure despite a modest days-to-cover ratio (~1.4). (internal short-interest report)
• Negative Sentiment: Analyst debate and structural concerns persist: commentary about a potential "generational reset" and multi-year share losses reflects skepticism that execution and product momentum will recover quickly. Benzinga
• Negative Sentiment: Competitive pressure and talent migration (e.g., a former Nike executive named CEO at Lululemon) highlight market-share threats that could weigh on near-term sales recovery. FinancialPost

Analysts Set New Price Targets

A number of brokerages have recently commented on NKE. Williams Trading lowered their price objective on NIKE from $80.00 to $57.00 and set a "buy" rating for the company in a research report on Wednesday, April 1st. Piper Sandler reaffirmed a "neutral" rating and issued a $50.00 price objective (down from $60.00) on shares of NIKE in a research report on Friday, April 10th. KeyCorp lowered their price objective on NIKE from $90.00 to $75.00 and set an "overweight" rating for the company in a research report on Thursday, January 22nd. Citigroup lowered their price objective on NIKE from $65.00 to $53.00 and set a "neutral" rating for the company in a research report on Wednesday, April 1st. Finally, Jefferies Financial Group lowered their price objective on NIKE from $110.00 to $90.00 and set a "buy" rating for the company in a research report on Wednesday, April 1st. Seventeen equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $62.34.

NIKE Company Profile

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).

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