NIKE, Inc. $NKE Shares Sold by Crawford Investment Counsel Inc.

Crawford Investment Counsel Inc. reduced its position in NIKE, Inc. (NYSE:NKE) by 45.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,503 shares of the footwear maker’s stock after selling 9,713 shares during the quarter. Crawford Investment Counsel Inc.’s holdings in NIKE were worth $802,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NKE. Exchange Traded Concepts LLC lifted its position in NIKE by 697.5% during the third quarter. Exchange Traded Concepts LLC now owns 228,889 shares of the footwear maker’s stock valued at $15,960,000 after buying an additional 200,187 shares in the last quarter. Strive Asset Management LLC purchased a new stake in NIKE during the third quarter worth approximately $1,743,000. Soros Fund Management LLC increased its position in shares of NIKE by 33.0% in the second quarter. Soros Fund Management LLC now owns 302,320 shares of the footwear maker’s stock worth $21,477,000 after acquiring an additional 75,000 shares in the last quarter. Brighton Jones LLC increased its position in shares of NIKE by 54.6% in the third quarter. Brighton Jones LLC now owns 104,791 shares of the footwear maker’s stock worth $7,307,000 after acquiring an additional 37,019 shares in the last quarter. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD raised its stake in shares of NIKE by 106.1% in the 3rd quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 205,082 shares of the footwear maker’s stock valued at $14,343,000 after acquiring an additional 105,569 shares during the period. Institutional investors and hedge funds own 64.25% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on NKE shares. Robert W. Baird decreased their price target on shares of NIKE from $93.00 to $85.00 and set an “outperform” rating for the company in a research report on Friday, December 19th. Argus cut their price objective on NIKE from $85.00 to $70.00 in a research report on Tuesday, December 23rd. KeyCorp reduced their price objective on NIKE from $90.00 to $75.00 and set an “overweight” rating on the stock in a research note on Thursday, January 22nd. Oppenheimer reaffirmed an “outperform” rating on shares of NIKE in a research report on Wednesday, December 17th. Finally, Wells Fargo & Company set a $65.00 target price on NIKE and gave the company an “overweight” rating in a research note on Friday, December 19th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, NIKE presently has an average rating of “Moderate Buy” and an average price target of $74.90.

NIKE Stock Performance

Shares of NKE stock opened at $54.00 on Monday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.06 and a quick ratio of 1.40. The company’s fifty day moving average price is $62.53 and its two-hundred day moving average price is $65.52. The firm has a market capitalization of $79.93 billion, a P/E ratio of 31.76, a P/E/G ratio of 2.76 and a beta of 1.27. NIKE, Inc. has a 12 month low of $52.28 and a 12 month high of $80.17.

NIKE (NYSE:NKE) last announced its earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.16. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The company had revenue of $12.43 billion during the quarter, compared to the consensus estimate of $12.19 billion. During the same period last year, the firm earned $0.78 earnings per share. The company’s revenue was up .6% on a year-over-year basis. On average, research analysts anticipate that NIKE, Inc. will post 2.05 earnings per share for the current fiscal year.

NIKE Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.41 per share. The ex-dividend date is Monday, March 2nd. This represents a $1.64 annualized dividend and a yield of 3.0%. NIKE’s payout ratio is currently 96.47%.

Insiders Place Their Bets

In related news, CEO Elliott Hill purchased 16,388 shares of the firm’s stock in a transaction dated Monday, December 29th. The stock was acquired at an average price of $61.10 per share, with a total value of $1,001,306.80. Following the completion of the transaction, the chief executive officer owned 241,587 shares of the company’s stock, valued at $14,760,965.70. This represents a 7.28% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert Holmes Swan purchased 8,691 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The stock was bought at an average price of $57.54 per share, with a total value of $500,080.14. Following the purchase, the director owned 43,293 shares of the company’s stock, valued at approximately $2,491,079.22. The trade was a 25.12% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 75,079 shares of company stock worth $4,449,887 in the last three months. 0.80% of the stock is owned by insiders.

Key NIKE News

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

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).