Robert Holmes Swan Purchases 11,781 Shares of NIKE (NYSE:NKE) Stock

Key Points

• Robert Holmes Swan, a NIKE director, purchased 11,781 shares on April 7 at an average price of $42.44 (≈$499,986), increasing his holding to 55,074 shares — a 27.21% rise in his position.
• NIKE beat quarterly EPS estimates ($0.35 vs. $0.29) but posted essentially flat revenue ($11.28B) and recently paid a $0.41 quarterly dividend (≈3.8% yield) despite a high payout ratio of about 108.6%, with the stock trading near its 12‑month low (~$42.36).

NIKE, Inc. (NYSE:NKE - Get Free Report) Director Robert Holmes Swan bought 11,781 shares of the 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 completion of the acquisition, 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. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

NIKE Stock Up 1.0%

NKE traded up $0.43 during trading on Wednesday, reaching $43.12. 29,402,398 shares of the stock were exchanged, compared to its average volume of 18,929,238. The stock has a market cap of $63.84 billion, a P/E ratio of 28.56, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31. NIKE, Inc. has a twelve month low of $42.36 and a twelve month high of $80.17. The stock's 50 day moving average price is $57.60 and its two-hundred day moving average price is $62.66. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.14.

NIKE (NYSE:NKE - Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The footwear maker reported $0.35 EPS for the quarter, beating the consensus estimate of $0.29 by $0.06. NIKE had a net margin of 4.84% and a return on equity of 16.41%. The firm had revenue of $11.28 billion for the quarter, compared to the consensus estimate of $11.23 billion. During the same period in the previous year, the company earned $0.54 earnings per share. The company's quarterly revenue was up .1% on a year-over-year basis. Equities analysts expect that NIKE, Inc. will post 2.05 EPS for the current year.

NIKE Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Monday, March 2nd. NIKE's payout ratio is currently 108.61%.

Key NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Barchart highlights NKE as deeply oversold after the post‑earnings slide and cites a Guggenheim analyst saying a short‑term technical rebound is reasonable — this technical setup may be attracting dip buyers. Read More.
• Positive Sentiment: Nike’s dividend yield has risen toward ~4% as the share price has fallen, increasing appeal to income investors and reducing downside for yield‑focused buyers. Read More.
• Positive Sentiment: A Motley Fool piece flags a “silver lining” for deeply discounted long‑term holders, arguing valuation and yield could intrigue value investors if management can stabilize growth. Read More.
• Neutral Sentiment: Analysts and outlets are pointing to key price levels and strategy signals to watch — useful for traders sizing positions, but not by itself a reason to change the long‑term thesis. Read More.
• Neutral Sentiment: Zacks and other commentators question the timeline for a full recovery: the stock has been a long‑term underperformer, so any rebound may be slow and is dependent on execution. Read More.
• Negative Sentiment: Investors are focused on weak revenue momentum: Nike’s recent quarter showed an EPS beat but essentially flat revenue, and several writeups call the lack of top‑line growth “disheartening,” pressuring sentiment. Read More.
• Negative Sentiment: A nationwide class‑action suit alleges Nike failed to protect customer data in a recent breach, introducing legal and reputational risk that could weigh on sales and valuation. Read More.
• Negative Sentiment: Brokerage and media reactions include downgrades and renewed skepticism (CICC cut NKE to Market Perform; multiple outlets note 52‑week lows and repeated share plunges), which can prolong selling pressure until visibility improves. Read More. • Read More.

Hedge Funds Weigh In On NIKE

Several institutional investors and hedge funds have recently modified their holdings of the business. Purpose Unlimited Inc. acquired a new position in shares of NIKE in the fourth quarter valued at about $57,000. Cornerstone Planning LLC acquired a new position in shares of NIKE in the fourth quarter valued at about $1,431,000. Bank of New Hampshire grew its stake in shares of NIKE by 3,257.1% in the fourth quarter. Bank of New Hampshire now owns 1,175 shares of the footwear maker's stock valued at $75,000 after acquiring an additional 1,140 shares in the last quarter. World Investment Advisors grew its stake in shares of NIKE by 1.2% in the fourth quarter. World Investment Advisors now owns 54,578 shares of the footwear maker's stock valued at $3,477,000 after acquiring an additional 644 shares in the last quarter. Finally, ARP Global Capital Ltd acquired a new position in shares of NIKE in the fourth quarter valued at about $4,715,000. 64.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have commented on NKE. Telsey Advisory Group decreased their price objective on shares of NIKE from $65.00 to $55.00 and set a "market perform" rating on the stock in a report on Wednesday, April 1st. BNP Paribas Exane decreased their price objective on shares of NIKE from $35.00 to $23.00 and set an "underperform" rating on the stock in a report on Wednesday, April 1st. Sanford C. Bernstein reiterated a "buy" rating on shares of NIKE in a report on Wednesday, April 1st. Royal Bank Of Canada reiterated a "buy" rating on shares of NIKE in a report on Wednesday, April 1st. Finally, China Renaissance decreased their price objective on shares of NIKE from $74.60 to $50.30 and set a "hold" rating on the stock in a report on Thursday, April 2nd. Nineteen research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, NIKE currently has an average rating of "Hold" and a consensus price target of $63.25.

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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