MH & Associates Securities Management Corp ADV Purchases New Shares in NIKE, Inc. $NKE

MH & Associates Securities Management Corp ADV acquired a new position in shares of NIKE, Inc. (NYSE:NKE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 68,292 shares of the footwear maker’s stock, valued at approximately $2,418,000. NIKE makes up about 2.1% of MH & Associates Securities Management Corp ADV’s portfolio, making the stock its 24th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Rakuten Investment Management Inc. lifted its position in NIKE by 10.1% in the 3rd quarter. Rakuten Investment Management Inc. now owns 217,296 shares of the footwear maker’s stock valued at $7,788,000 after acquiring an additional 19,941 shares in the last quarter. Provenance Wealth Advisors LLC acquired a new position in NIKE in the 3rd quarter worth $575,000. Associated Banc Corp bought a new position in NIKE during the 3rd quarter worth about $308,000. Integrity Advisory Solutions LLC increased its holdings in NIKE by 4.3% during the 3rd quarter. Integrity Advisory Solutions LLC now owns 9,180 shares of the footwear maker’s stock worth $325,000 after purchasing an additional 381 shares in the last quarter. Finally, IPG Investment Advisors LLC bought a new position in NIKE during the 3rd quarter worth about $214,000. 64.25% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NIKE news, EVP Philip McCartney sold 2,559 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $37.59, for a total value of $96,192.81. Following the sale, the executive vice president owned 78,121 shares in the company, valued at $2,936,568.39. This represents a 3.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Venkatesh Alagirisamy sold 3,671 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $37.59, for a total value of $137,992.89. Following the completion of the sale, the chief operating officer directly owned 104,862 shares of the company’s stock, valued at approximately $3,941,762.58. The trade was a 3.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 11,097 shares of company stock valued at $438,843 over the last 90 days. 1.10% of the stock is currently owned by insiders.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: A market-wide rebound in beaten-down consumer stocks helped lift Nike alongside peers; the move appears driven more by improving sector sentiment than by a new Nike-specific announcement. Article: Nike Climbs as Dow Rally Lifts Consumer Stocks
• Neutral Sentiment: Nike’s Sport Offense reset, fresh product launches and focus on performance categories could help restore momentum and protect full-price sales. However, the strategy’s success remains unproven, and weakness in Sportswear is still a concern. Article: NIKE’s Product Reset
• Neutral Sentiment: Stifel reiterated its Hold rating ahead of Investor Day, signaling limited conviction in the near-term upside. The event could provide investors with more detail on Nike’s turnaround plans. Article: Stifel Reiterates Hold Rating on Nike into Investor Day
• Negative Sentiment: Recent gains may have made the risk-reward less attractive, according to one analysis, despite Nike’s still-high dividend yield. That reflects ongoing concern that the recovery may take time. Article: Nike’s Dividend Yield Is Still Attractive, But I Can’t Say the Same About NKE Stock
• Negative Sentiment: Turnaround risks persist: coverage notes sales and near-term earnings pressure, with fiscal 2027 sales expected to decline. Product launches and restructuring may help, but investors are still waiting for evidence of a sustained recovery. Article: Will Product Reset Change Nike’s Narrative

NIKE Stock Up 5.2%

NIKE stock opened at $40.48 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.07 and a quick ratio of 1.39. The company’s 50-day moving average is $36.88 and its 200-day moving average is $45.88. The firm has a market capitalization of $60.13 billion, a PE ratio of 19.46, a P/E/G ratio of 4.49 and a beta of 1.01. NIKE, Inc. has a fifty-two week low of $31.97 and a fifty-two week high of $69.14.

NIKE (NYSE:NKE) last issued its earnings results on Thursday, October 1st. The footwear maker reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.05. NIKE had a net margin of 6.74% and a return on equity of 15.94%. The business had revenue of $11.21 billion during the quarter, compared to the consensus estimate of $11.32 billion. During the same period last year, the business posted $0.49 EPS. NIKE’s revenue was down 4.3% on a year-over-year basis. NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. Sell-side analysts anticipate that NIKE, Inc. will post 1.22 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on NKE. Wells Fargo & Company set a $30.00 price target on NIKE and gave the company an “equal weight” rating in a report on Friday, October 2nd. Guggenheim reaffirmed a “buy” rating and set a $50.00 price objective on shares of NIKE in a research report on Thursday, October 22nd. JPMorgan Chase & Co. decreased their price objective on NIKE from $40.00 to $33.00 and set an “underweight” rating for the company in a report on Friday, October 2nd. DZ Bank lowered NIKE from a “strong-buy” rating to a “strong sell” rating in a research report on Friday, October 2nd. Finally, Wall Street Zen lowered NIKE from a “hold” rating to a “sell” rating in a research report on Saturday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twenty-one have assigned a Hold rating and eleven have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $40.93.

NIKE Company Profile

NIKE, Inc is a global athletic footwear, apparel, equipment and accessories company headquartered near Beaverton, Oregon. The company designs, develops, markets and sells products under the Nike, Jordan and Converse brands, serving athletes and consumers across a broad range of sports and lifestyle categories.

NIKE’s product portfolio includes athletic and casual footwear, performance and lifestyle apparel, sports equipment, accessories and digital fitness-related offerings. The company distributes its products through company-owned retail stores, digital platforms and wholesale partners, while also operating direct-to-consumer and membership programs.

The company traces its origins to 1964, when Phil Knight and Bill Bowerman founded Blue Ribbon Sports.