Perbak Capital Partners LLP Increases Stock Holdings in NIKE, Inc. $NKE

Key Points

• Perbak Capital Partners raised its NIKE position by 349.5% in Q3, adding 33,803 shares to hold 43,476 shares worth about $3.03 million (≈0.5% of the firm's portfolio).
• Barclays upgraded NIKE to an Overweight with a $73 target, and analysts' consensus remains a Moderate Buy with an average target near $74.90, giving the stock a clear bullish catalyst.
• Insiders bought a total of 75,079 shares over the past three months — including CEO Elliott Hill's 16,388-share purchase — alongside a recent Q3 earnings beat (EPS $0.53 vs. $0.37), signaling insider confidence in the business.

Perbak Capital Partners LLP raised its position in shares of NIKE, Inc. (NYSE:NKE - Free Report) by 349.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 43,476 shares of the footwear maker's stock after purchasing an additional 33,803 shares during the quarter. NIKE accounts for approximately 0.5% of Perbak Capital Partners LLP's holdings, making the stock its 20th biggest position. Perbak Capital Partners LLP's holdings in NIKE were worth $3,032,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Twin Peaks Wealth Advisors LLC purchased a new position in shares of NIKE in the second quarter worth approximately $31,000. Guerra Advisors Inc bought a new stake in NIKE during the third quarter valued at approximately $34,000. Gordian Capital Singapore Pte Ltd purchased a new stake in NIKE during the third quarter valued at approximately $35,000. Accredited Wealth Management LLC raised its position in NIKE by 268.6% in the third quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker's stock worth $36,000 after acquiring an additional 376 shares during the period. Finally, Abich Financial Wealth Management LLC bought a new position in NIKE in the third quarter worth approximately $43,000. Institutional investors own 64.25% of the company's stock.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Barclays upgraded NKE to an Overweight, citing a clear North America recovery, stronger wholesale bookings, and a refreshed product pipeline that could drive margin recovery and re‑rating. This upgrade is the main bullish catalyst today. Barclays upgrades NIKE (NKE)
• Positive Sentiment: Multiple outlets (MarketBeat, TheStreet) amplified the Barclays call, highlighting improving North America sales, inventory cleanup and product momentum — factors that could support upside if execution continues. Just Buy It? Barclays Thinks Nike Is Ready to Run
• Neutral Sentiment: Nike promoted Cimarron Nix to chief sustainability officer, adding supply‑chain and labor expertise to management — a governance/ESG move that may help long‑term brand and operational resilience but is unlikely to move near‑term earnings. Can Nike’s New Sustainability Chief Reframe NKE’s Long-Term Competitive Edge Story?
• Negative Sentiment: Short‑term selling: recent coverage notes a bigger single‑day decline and extended multi‑month underperformance — investor skepticism persists despite the upgrade. That ongoing weakness is pressuring the stock. Nike (NKE) Registers a Bigger Fall Than the Market
• Negative Sentiment: Options market shows moderately bearish positioning and higher implied volatility, with elevated demand for downside protection — a signal that traders expect continued near‑term swings. Option traders moderately bearish in Nike
• Negative Sentiment: Bearish analyst/editorial pieces cite ongoing risks (China weakness, Converse reset, valuation concerns) and list reasons to sell — these narratives can keep downward pressure until clearer signs of global stabilization appear. 3 Reasons to Sell NKE

Insider Buying and Selling

In other news, CEO Elliott Hill acquired 16,388 shares of the firm's stock in a transaction dated Monday, December 29th. The shares were acquired at an average cost of $61.10 per share, with a total value of $1,001,306.80. Following the acquisition, the chief executive officer directly owned 241,587 shares of the company's stock, valued at approximately $14,760,965.70. The trade was a 7.28% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert Holmes Swan bought 8,691 shares of the stock in a transaction dated Monday, December 22nd. The shares were purchased at an average price of $57.54 per share, with a total value of $500,080.14. Following the completion of the transaction, the director directly owned 43,293 shares in the company, valued at approximately $2,491,079.22. The trade was a 25.12% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have bought 75,079 shares of company stock worth $4,449,887. Corporate insiders own 0.80% of the company's stock.

Analysts Set New Price Targets

NKE has been the subject of a number of recent research reports. Oppenheimer reissued an "outperform" rating on shares of NIKE in a research report on Wednesday, December 17th. Barclays upgraded NIKE from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $64.00 to $73.00 in a research note on Wednesday. Stifel Nicolaus set a $65.00 target price on NIKE and gave the stock a "hold" rating in a report on Friday, December 19th. KeyCorp lowered their target price on NIKE from $90.00 to $75.00 and set an "overweight" rating on the stock in a research report on Thursday, January 22nd. Finally, Sanford C. Bernstein reissued a "buy" rating on shares of NIKE in a report on Thursday, March 5th. Twenty-three research analysts have rated the stock with a Buy rating, eleven 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 $74.90.

NIKE Stock Performance

NKE opened at $54.00 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.06. The stock has a market capitalization of $79.93 billion, a price-to-earnings ratio of 31.76, a PEG ratio of 2.77 and a beta of 1.27. The company has a fifty day moving average of $62.53 and a 200 day moving average of $65.70. NIKE, Inc. has a fifty-two week low of $52.28 and a fifty-two week high of $80.17.

NIKE (NYSE:NKE - Get Free Report) last announced its quarterly earnings results on Thursday, December 18th. The footwear maker reported $0.53 EPS for the quarter, topping the consensus estimate of $0.37 by $0.16. NIKE had a net margin of 5.43% and a return on equity of 18.43%. The business had revenue of $12.43 billion for the quarter, compared to analysts' expectations of $12.19 billion. During the same quarter in the previous year, the company earned $0.78 EPS. The business's quarterly revenue was up .6% compared to the same quarter last year. As a group, sell-side analysts forecast that NIKE, Inc. will post 2.05 earnings per share for the current fiscal year.

NIKE Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 2nd will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Monday, March 2nd. NIKE's payout ratio is currently 96.47%.

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).

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