Third View Private Wealth LLC Buys Shares of 27,309 NIKE, Inc. $NKE

Key Points

• Third View Private Wealth LLC bought a new stake of 27,309 NIKE shares in the fourth quarter, valued at about $1.74 million.
• Insider buying occurred as Director John W. Rogers Jr. and Director Robert Holmes Swan purchased 4,000 and 11,781 shares respectively, increasing their ownership positions.
• Market and analyst sentiment is mixed — HSBC downgraded NKE from Buy to Hold and cut its target sharply, MarketBeat shows a consensus "Hold" (17 Buy / 17 Hold / 2 Sell), and the stock trades near multi-year lows around $43 with a ~3.8% dividend yield.

Third View Private Wealth LLC bought a new stake in NIKE, Inc. (NYSE:NKE - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 27,309 shares of the footwear maker's stock, valued at approximately $1,740,000.

A number of other hedge funds also recently added to or reduced their stakes in NKE. Brighton Jones LLC increased its holdings 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 buying an additional 160,980 shares in the last quarter. Caxton Associates LLP purchased a new position in NIKE in the first quarter valued at about $311,000. United Bank increased its holdings in NIKE by 11.3% in the second quarter. United Bank now owns 17,067 shares of the footwear maker's stock valued at $1,212,000 after buying an additional 1,736 shares in the last quarter. NewEdge Advisors LLC increased its holdings in NIKE by 0.3% in the second quarter. NewEdge Advisors LLC now owns 64,161 shares of the footwear maker's stock valued at $4,558,000 after buying an additional 197 shares in the last quarter. Finally, CIBC Asset Management Inc increased its holdings in NIKE by 6.5% in the second quarter. CIBC Asset Management Inc now owns 191,268 shares of the footwear maker's stock valued at $13,588,000 after buying an additional 11,646 shares in the last quarter. 64.25% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director John W. Rogers, Jr. bought 4,000 shares of the firm's stock in a transaction that occurred on Thursday, April 9th. The shares were purchased at an average price of $43.34 per share, for a total transaction of $173,360.00. Following the completion of the transaction, the director owned 41,022 shares in the company, valued at $1,777,893.48. The trade was a 10.80% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Robert Holmes Swan bought 11,781 shares of the firm's stock in a transaction that occurred on Tuesday, April 7th. The shares were purchased 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 $2,337,340.56. The trade was a 27.21% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.80% of the stock is currently owned by company insiders.

Key NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Market commentary says NKE is deeply oversold and could have upside if the turnaround shows signs of working — this view supports bargain‑hunting interest in the stock. With Nike Shares Near a 12-Year Low, Is Now the Time to Be Brave?
• Neutral Sentiment: JPMorgan reaffirmed a neutral rating, signaling no conviction for a near‑term rally but also no active sell recommendation. NIKE, Inc. - JPMorgan Reaffirms Neutral Rating
• Neutral Sentiment: Piper Sandler reiterated a neutral rating, contributing to a broad analyst stance of “wait and see” rather than bullish conviction. NIKE's (NKE) Neutral Rating Reiterated at Piper Sandler
• Neutral Sentiment: Investor roundups and insider‑signal pieces mention Nike among stocks to watch, but they don’t provide an immediate catalyst — useful context for longer‑term contrarian investors. 2 Stocks to Buy and 2 to Sell, According to Insiders
• Negative Sentiment: HSBC downgraded NKE from Buy to Hold and slashed its price target from $90 to $48 — a major analyst move that is cited as the primary driver of selling pressure and investor concern about lack of near‑term catalysts. HSBC Downgrades Nike to Hold as Turnaround Becomes a Show‑Me Story With No Near‑Term Catalysts
• Negative Sentiment: A law‑firm notice is circulating encouraging shareholders to explore claims that insiders breached fiduciary duties — this raises the risk of litigation or reputational/legal distractions that can sap investor confidence. Did NIKE, Inc. Insiders Breach their Fiduciary Duties to Shareholders?
• Negative Sentiment: Recent quarterly results showed an EPS beat but essentially flat revenue year‑over‑year and slim margins, underscoring why analysts are asking for clearer evidence the turnaround is sustainable; lack of near‑term operational catalysts is pressuring the stock.
• Negative Sentiment: Follow‑on coverage (e.g., Fool and video commentary) amplifies the downgrade narrative and historic‑low price framing, increasing short‑term selling pressure. Nike Got Downgraded: Can the Iconic Brand Ever Recover?

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on NKE. Royal Bank Of Canada reaffirmed a "buy" rating on shares of NIKE in a report on Wednesday, April 1st. BNP Paribas Exane dropped their target price on shares of NIKE from $35.00 to $23.00 and set an "underperform" rating for the company in a report on Wednesday, April 1st. Telsey Advisory Group dropped their price objective on shares of NIKE from $65.00 to $55.00 and set a "market perform" rating for the company in a research note on Wednesday, April 1st. DZ Bank reissued a "buy" rating on shares of NIKE in a research note on Thursday, April 2nd. Finally, Piper Sandler reissued a "neutral" rating and set a $50.00 price objective (down from $60.00) on shares of NIKE in a research note on Friday. Seventeen analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, NIKE presently has a consensus rating of "Hold" and an average target price of $62.34.

NIKE Trading Up 0.5%

Shares of NKE opened at $42.85 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.14 and a quick ratio of 1.45. The firm has a 50 day simple moving average of $56.07 and a 200-day simple moving average of $61.89. NIKE, Inc. has a 1-year low of $42.09 and a 1-year high of $80.17. The stock has a market cap of $63.46 billion, a price-to-earnings ratio of 28.38, a price-to-earnings-growth ratio of 2.25 and a beta of 1.31.

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 for the quarter, topping analysts' consensus estimates of $0.29 by $0.06. NIKE had a net margin of 4.84% and a return on equity of 16.41%. The business had revenue of $11.28 billion during the quarter, compared to analysts' expectations of $11.23 billion. During the same period last year, the company posted $0.54 EPS. The company's revenue was up .1% on a year-over-year basis. Equities analysts forecast that NIKE, Inc. will post 2.05 EPS for the current fiscal year.

NIKE Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Monday, March 2nd were given a dividend of $0.41 per share. The ex-dividend date was Monday, March 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 3.8%. NIKE's dividend payout ratio (DPR) is 108.61%.

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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